## Что такое Green Satoshi Token (GST)?

Green Satoshi Token (GST) это игровой токен [STEPN](https://coinmarketcap.com/ru/currencies/green-metaverse-token/), лайфстайл [Web 3.0](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) приложения со встроенными социальными элементами и элементом геймификации. STEPN — это первая [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token)-игра, в которой можно зарабатывать токены, гуляя, бегая на дорожке или на открытом воздухе в NFT-кроссовках. Токены GST также можно использовать для повышения уровня и создания новых кроссовок, которые игроки могут продавать или сдавать в аренду на встроенной торговой площадке.

Ознакомьтесь с нашим [полным погружением в STEPN](https://coinmarketcap.com/alexandria/article/what-is-stepn-gmt-token-features-tokenomics-and-price-prediction).

Цель проекта – вдохновить население планеты вести здоровый и активный образ жизни, а также познакомить людей с концепцией Web 3.0. Платформа STEPN изначально работает благодаря сети [Solana (SOL)](https://coinmarketcap.com/ru/currencies/solana/) и использует механизм двойного токена, в котором Green Satoshi Token (GST) является игровой валютой, а токен [Green Metaverse (GMT)](https://coinmarketcap.com/ru/currencies/green-metaverse-token/) — токеном управления.

Чтобы стать частью сообщества, нужно загрузить мобильное приложение STEPN, создать учетную запись и кошелек. Следующим шагом будет внести токены SOL на кошелек STEPN, зайти на встроенный в приложение маркетплейс, купить NFT-кроссовки и через 24 часа ожидать пополнения «энергии» (энергия — это время, потраченное пользователем на тренировки, в минутах, показатель восстанавливается со скоростью 25% каждые 6 часов).

### Преимущества проекта STEPN:

Награды за активность мотивируют пользователей приложения каждый день заниматься спортом, поддерживать себя в хорошей форме, улучшать физическое здоровье.

GameFi-функциональность встроена в приложение (выпуск кроссовок, повышение уровня кроссовок, пользовательские NFT, Mystery Box).

Экосистема STEPN включает в себя такие инструменты, как Кошелек, Свопы, Маркетплейс.

Для использования приложения и покупки NFT-кроссовок пользователям не нужно глубоких знаний о блокчейне.

Мобильное приложение оснащено интуитивно понятным и простым интерфейсом.

На платформе есть бесплатная аренда NFT-кроссовок. Игроки могут купить себе пару обуви, накопив необходимое количество токенов.

Проект STEPN привлек начальный раунд инвестиций в размере 5 млн долларов от ведущих инвесторов, включая Sequoia Capital, Folius Ventures, Binance Labs, Solana Capital, Alameda Research, DeFi Alliance, M13, Corner Ventures, 6th Man Ventures, Zee Prime Capital, Sfermion, Spark Digital Capital, MorningStar Ventures, Lemniscap, WelinderShi Capital, Solar Eco Fund и Openspace Ventures.

### Кто создал Green Satoshi Token?

STEPN был создан в августе 2021 года финтех-студией Find Satoshi Lab из Австралии. В сентябре того же года была сформирована основная команда, а в октябре проект выиграл Solana Ignition Hackathon Gaming Track 2021.

[Джерри Хуанг (Jerry Huang)](https://www.linkedin.com/in/jerry2046) является одним из основателей компании. У него десять лет опыта в разработке игр, маркетинге и тестировании. До STEPN Хуан отличился тем, что запустил несколько высоко оцененных и популярных игр для iOS.

Еще один соучредитель — [Ян Ронг (Yawn Rong)](https://www.linkedin.com/in/yawn-rong-4b4b1861), талантливый предприниматель, криптоинвестор и блокчейн-инкубатор. Ронг имеет опыт запуска небольших стартапов и превращения их в национальные бренды.

[Джессика Дуан (Jessica Duan)](https://www.linkedin.com/in/jessica-duan-062603232/) занимает в компании должность CSO. Дуан начинала карьеру в области дизайна и архитектуры, а теперь она управляет операционными стратегиями, занимается консалтином, оценкой новых технологий, рыночных трендов, бизнес-моделей и инноваций.

### Что особенного в Green Satoshi Token?

Команда STEPN намерена совершить прорыв, включив в свой продукт социальные элементы и сформировав сообщество, предоставив любителям активного образа жизни возможность зарабатывать криптовалюту на своей страсти к бегу.

В основе STEPN концепция Move-to-Earn (также move2earn или M2E). В 2021 году проект участвовал в Solana Ignition Hackathon Gaming Track, заняв первое место и став единственной мобильной NFT-игрой, выигравшей хакатон. STEPN привлек внимание судей и получил одобрение благодаря игровому дизайну, удобному интерфейсу, встроенным кошельку и маркетплейсу.

### Ключевые особенности STEPN:

В приложении есть три режима: Solo Mode (игрок зарабатывает GST за движение, количество заработанных токенов зависит от физической активности и редкости NFT-обувки); Marathon Mode (онлайн-марафоны — это еженедельные и ежемесячные мероприятия, необходима регистрация не менее чем за 24 часа до начала); Фоновый режим (пользователи получают доход в токенах GST, просто имея одну пару кроссовок, фоновый режим работает, даже если приложение отключено, не снижая выносливости кроссовок).

NFT отличаются друг от друга качествами, атрибутами и Gem Socket. Можно повышать их производительность через обновления, добавляя атрибутивные очки и NFT Gems, но для обновления необъодимо сжигать токены GST.

Сложив вместе пару кроссовок пользователи могут создать обувную коробку, Shoebox, и получить за это случайный NFT Sneaker.

На встроенной торговой площадке пользователи могут торговать всеми NFT, что у них есть: кроссовками, обувными коробками, драгоценными камнями, а также при необходимости арендовать NFT.

В разделе Swap мобильного приложения можно обменивать токены на другие криптовалюты, а также пополнять встроенный кошелек токенами и NFT.

Приложение STEPN может собирать небольшой процент налоги за торговлю кроссовками NFT, их выпуск и аренду. При этом большую часть дохода зарабатывают именно пользователи платформы. Часть прибыли идет на покупку Carbon Removal Credit — поддержку углеродной нейтральности (состояние нулевых выбросов углекислого газа).

#### Связанные страницы:

Подробнее о [STEPN (GMT)](https://coinmarketcap.com/ru/currencies/green-metaverse-token/).

[CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/article/what-is-stepn-gmt-token-features-tokenomics-and-price-prediction) глубоко погружается в STEPN (GMT).

Ознакомьтесь с нашим [обзором тренда Move-to-Earn](https://coinmarketcap.com/alexandria/article/move-to-earn-fad-or-the-future) и какие у него шансы на будущее.

Актуальные данные о [Solana (SOL)](https://coinmarketcap.com/ru/currencies/solana/).

Что такое Web 3.0? Узнайте на нашем [образовательном портале](https://coinmarketcap.com/alexandria/article/what-is-web-3-0).

Что такое невзаимозаменяемые токены (NFT)? Ознакомьтесь с [глоссарием](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) CMC, чтобы узнать о наиболее важных терминах и крипто-жаргоне.

### Сколько монет Green Satoshi Token (GST) находится в обращении?

Green Satoshi Token (GST) — это служебный токен экосистемы STEPN, он используется в качестве внутриигровой валюты и альтернативы очкам опыта. GST требуется для ремонта, обновления и чеканки NFT-кроссовок. GST зарабатываются, когда пользователи перемещаются в одиночном или фоновом режиме.

Игроки зарабатывают Green Satoshi Token (GST) через приложение STEPN, токены генерируются в режимах ходьбы или бега. Еще зарабатывать GST можно, сдавая в аренду свои NFT другим пользователям платформы, особенно новичкам.

Токены GST можно пожертвовать для покупки углеродных кредитов (Carbon Removal Credit) в блокчейне, тем самым поддерживая концепцию углеродного нейтралитета для борьбы с изменением климата и способствуя защите окружающей среды.

GST — это инфляционный токен без определенного максимального предложения и с общим объемом 10 000 000 монет, распределенных следующим образом:

16,3% в закрытой продаже.

7% распродажа на Binance Launchpad.

14,2% команде.

2,5% советникам.

30% у экосистемы платформы / казначейства.

30% на награды польователям, чтобы те могли двигаться и зарабатывать.

По состоянию на апрель 2022 года в обращении находится 3 597 242,47 GST. После использования токены GST автоматически сжигаются, тем самым уменьшая общее предложение. Вот конкретные сценарии, когда происходит сжигание (уничтожение): чеканка обуви, ремонт пар обуви, повышение уровня NFT-кроссовок, добавление драгоценных камней / улучшение драгоценных камней, разблокировка нового сокета, сброс атрибутов кроссовок.

### Как обеспечивается безопасность Green Satoshi Token?

STEPN, move2earn мобильная NFT-игра, а также ее служебный токен GST, работают на Solana (SOL).

Безопасность сети Solana построена на уникальном сочетании механизмов консенсуса Proof-of-History ([PoH](https://coinmarketcap.com/alexandria/glossary/proof-of-history-poh)) и Proof-of-Stake ([PoS](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake)). PoH — основной компонент протокола, обрабатывающий основную часть транзакций сети, фиксируя успешные операции и время между ними, тогда как PoS используется в качестве инструмента мониторинга для запуска процессов PoH.

### Где можно купить Green Satoshi Token (GST)?

Green Satoshi Token (GST) можно легко заполучить на многих биржах криптовалют, например [Huobi Global](https://coinmarketcap.com/ru/exchanges/huobi-global/), [Bybit](https://coinmarketcap.com/ru/exchanges/bybit/), [Raydium](https://coinmarketcap.com/ru/exchanges/raydium/), [MEXC](https://coinmarketcap.com/ru/exchanges/mxc/), [PancakeSwap (V2)](https://coinmarketcap.com/ru/exchanges/pancakeswap-v2/), [Serum DEX](https://coinmarketcap.com/ru/exchanges/serum-dex/), [Orca](https://coinmarketcap.com/ru/exchanges/orca/), [CoinEx](https://coinmarketcap.com/ru/exchanges/coinex/), [Hoo](https://coinmarketcap.com/ru/exchanges/hoo/), [AEX](https://coinmarketcap.com/ru/exchanges/aex/), [DigiFinex](https://coinmarketcap.com/ru/exchanges/digifinex/), [BingX](https://coinmarketcap.com/ru/exchanges/bingx/), [Jubi](https://coinmarketcap.com/ru/exchanges/jubi-exchange/) и [Hotbit](https://coinmarketcap.com/ru/exchanges/hotbit/).

Установите [мобильное приложение](https://coinmarketcap.com/mobile/) CoinMarketCap и отслеживайте цены GST, GMT или SOL в реальном времени.

Ознакомьтесь с [самыми покупаемыми коллекциями NFT](https://coinmarketcap.com/nft/collections/).

Взгляните на наше [руководство по невзаимозаменяемым токенам](https://coinmarketcap.com/alexandria/article/what-is-a-non-fungible-token-nft).

Посетите образовательный портал CMC, [Alexandria](https://coinmarketcap.com/alexandria). Там можно найти всё, что вам нужно знать о криптовалютах.

Вот еще несколько статей, которые могут вас заинтересовать:

* [Что такое Crypto Faucet?](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
* [Что такое криптовалютные дебетовые карты?](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [Что такое Web 3.0?](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [Что такое доходное фермерство?](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [Что такое криптовалютное кредитование?](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)
* [Что такое метавселенная?](https://coinmarketcap.com/alexandria/article/what-is-the-metaverse-an-overview-and-a-deep-dive-of-the-top-metaverses)
* [Что такое фан-токены?](https://coinmarketcap.com/alexandria/article/what-are-fan-tokens)
* [NFT от А до Я](https://coinmarketcap.com/alexandria/article/newbie-catchup-the-a-z-of-nfts)
* [Что такое автоматизированные маркет-мейкеры?](https://coinmarketcap.com/alexandria/article/what-are-automated-market-makers)
* [Что такое крипто-ETF?](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-etf)

Green Satoshi Token (ETH)

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Niftyx Protocol

ChainGuardians

Ariva

Props Token

XCarnival

Aurox

Pickle Finance

Populous

Lympo

TenUp

Kermit

Smart Reward Token

Olympus v2

Osaka Protocol

GMT is the native token of the FSL ecosystem, with a fixed supply of 6 billion tokens. GMT is well used in all FSL ecosystem products to be burned, used to unlock various functions and perks.

Sweatcoin is a highly popular mobile fitness app that was first launched in 2016. With over 110 million users worldwide, the app sets out to motivate healthier living by rewarding users for daily physical activity.

Users are rewarded with an in-app currency — Sweatcoin, a non-crypto virtual token which functions as a monetary incentive to reward users for their physical activity. Users can now convert Sweatcoin to SWEAT — the crypto token — to claim real world prizes and experiences. At the time of writing in September 2022, Sweatcoin is ranked first for the most downloaded health and fitness app in 58 countries.

Sweat Economy is the newly-launched web3 initiative of Sweatcoin. Within the Sweat Economy app, a crypto token, SWEAT and cryptocurrency wallet, Sweat Wallet are launched. Over 13 million wallets were created in four months since the launch. Further, Sweatcoin has raised $13 million in investor funding and is planning to hold a public token sale and strong hold offering on the DAO Maker launchpad.

Read: Move to Earn: Fad or The Future?

Sweat Economy

USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.

Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

USDC

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

To learn more about this project, check out our deep dive of Solana.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

Solana

Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.

Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects.

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.

The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

Bitcoin

Astar Network helps developers build decentralized applications (dApps) and layer 2 solutions by providing interoperable web 3.0 infrastructure, financial incentives, incubation programmes and technical support. It seeks to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

Astar connects the Polkadot ecosystem with layer 1 blockchains like Ethereum and Cosmos. It's a Polkadot Parachain, and was designed as a multi-chain Polkadot dApp hub with support for DeFi, NFTs, DAOs, where developers can move beyond infrastructure and focus more on application development.

The project, which is backed by Binance Labs and Coinbase Ventures, operates on two layers: the first layer is built on the Substrate framework, and the second is built using OVM or Optimistic Virtual Machine, for scalability.

Astar

Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money. Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratised cross-border transactions across the blockchain.

Tether USDt

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

To learn more about this project, check out our deep dive of Polygon Matic.

Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts.

Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

Polygon

Launched in 2021, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed  (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.

On May 28, 2022, the genesis block of the new chain was launched to conduct future transactions under the name Terra (LUNA), and the original Terra Chain was rebranded as Terra Classic. The original native token — LUNA has also been renamed as LUNA Classic (LUNC). Moreover, all network stablecoins (UST, KRT, EUT) have been renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). There will be no Terra stablecoins on the new chain.

There is a theory that the additional term “classic” is a reference to the Ethereum / Ethereum Classic split in 2017. According to CEO, Do Kwon, the collapse of UST in the spring of 2022 is the equivalent moment of the Ethereum’s DAO hack that took place in 2017.

Terra Classic

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.

Avalanche

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone.

The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy through zero-knowledge proofs.

To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. Individuals visit a physical imaging device called the Orb to get their World ID Orb-verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody).

All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens (WLD tokens are not available in the US; see the Worldcoin Tokenomics section of the project's whitepaper for details). This has the potential to make WLD the most widely distributed digital currency.

The WLD token is designed as a utility token with governance properties, empowering users by giving them a say over the future of the protocol. Beyond conventional "one-token-one-vote" governance mechanisms, the introduction of World ID paves the way for "one-person-one-vote" mechanisms. These two mechanisms can also be combined to enable new ways of governance. After launch, the Worldcoin Foundation will solicit proposals and work with the community on how World ID and the WLD token should interact in Worldcoin's governance model (see the project's whitepaper for details on governance and decentralization).

The community of users will determine the token's utility, but a few other use cases in addition to governance could emerge. For example, users may decide to use the WLD token to pay for certain actions in World App or another wallet app, to make other payments, or to signal their approval for certain initiatives or causes.

WLD is an ERC-20 token on Ethereum. Individuals will receive their user grants on Optimism Mainnet. Therefore, most WLD transactions will likely take place on the Optimism network.

Worldcoin

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

ApeCoin

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy protection in the U.S., and is currently undergoing proceedings. Some of the information below may not reflect the current standings of the FTX exchange, please proceed with caution when interacting with the FTT token.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in 2019, backed by significant trading companies in the industry, including Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. As of 2022, the platform has over a million registered members, and the daily trading volume has reached billions of dollars.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.

Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.

A year after its founding, FTX Exchange introduced the exchange token called FTX Token or FTT. The FTT coin is an ERC-20 standard token that is actively used by ecosystem participants.

Initially, FTT was established as a reward for exchange transactions; however, over the years the list of functions has grown:

FTT is applicable in the creation of leveraged tokens on the FTX Exchange; users can receive VIP discounts in the form of FTT depending on the number of coins they own, and it’s possible to earn rewards for providing liquidity through futures positions.

In order to maintain its value, the exchange regularly buys back and burns its tokens, spending on the purchase of FTX: 33% of trading fees, 10% of the reserve fund, and 5% of other commissions.

FTT Token use cases:

1/3 of the commissions received from transactions on FTX are utilized to buy back FTT. Tokens redeemed in this way are burned;

FTT tokens are used to reduce trading fees and to secure futures positions;

Profits from massive market movements are distributed among the holders;

By purchasing a white label version of FTX’s OTC portal and futures market, institutions and investors pay expenses in FTT tokens;

By creating leveraged tokens, projects can pay listing fees with FTT;

Users can stake FTT to benefit from discounts, bonus votes, and blockchain fee waivers.

One benefit of FTX Token (FTT) is commission discounts. Members pay a low fee and obtain tighter spreads. Traders use FTT as collateral, and those who are active on FTX Exchange see percentage differences of up to 60%. Traders get insurance protection, which ensures a net profit in moments of market volatility, then makes it possible to continue trading even without a margin call.

In addition to the fact that FTT is useful for opening positions with leverage, FTT staking also offers perks: discounts, the opportunity to win NFTs, participation in airdrops, bonus votes and IEO tickets.

FTX Token

Oasys

Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.

BUSD

Jupiter

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:

An exchange to swap tokens

A yield farm to earn rewards

Syrup pools to stake CAKE tokens

Ethereum liquid staking (wBETH) and simple staking

Pancake Protectors game

v3 position manager (new feature)

A prediction market

Initial Farm Offering (IFO) token launches

A bridge to bridge CAKE to Ethereum and Aptos

A lottery

An NFT marketplace

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.

Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked: