EDDASwap is an ecosystem of DeFi + NFT Applications. EDDA has a fixed, micro supply of 5000 tokens which will never increase. EDDASwap has a Decentralized Asset Management platform where people can deposit their crypto assets into the vault or gain platforms in order to optimise their yield or earn an interest. This can be done without a lock-in period. EDDASwap has its NFT Platform where users can stake EDDA Tokens in order to farm exclusive EDDASwap NFTs created by the leading NFT Artists worldwide. These can be later sold on leading NFT Marketplaces. EDDASwap will soon explore other NFTs apart from digital art as well. EDDASwap’s main platform is the DEX - ‘EDDASwap’ itself. This DEX will support tokens on ERC-20, Binance Smart Chain and Polkadot exploring other blockchains in the future. Lastly, EDDASwap will have its own Decentralized Launchpad where crypto start-ups will go through a decentralised vetting process after which they can raise capital via the launchpad.

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YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.  Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch.  YFDAI’s motto is ‘no more exit scams or rug pulls.’

YFDAI.FINANCE

Opium is a new platform for launching and trading cryptocurrency derivatives.

Having begun operations in May 2020, Opium uses Ethereum to run a decentralized derivatives marketplace in which any cryptocurrency owner can participate.

The aim of the platform is to democratize access to financial derivatives while using the benefits that decentralization affords traders over legacy alternatives.

Opium’s in-house token, OPIUM, launched in January 2021 and will fulfil various roles mostly centered around platform governance. Active users will be able to vote on some of the most important decisions involved in the platform’s operations.

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