A new era for Yearn's liquid locker tokens is upon us 🌈

yPRISMA stakers can now migrate their positions at 👉 

You can directly stake into the new YBS staking contract or deposit into the auto-compounder.

Welcome to yearn.finance's Community channel aggregated by CoinMarketCap.

A new era for Yearn's liquid locker tokens is upon us 🌈

yPRISMA stakers can now migrate their positions at 👉 http://yprisma.yearn.fi

You can directly stake into the new YBS staking contract or deposit into the auto-compounder.

More info at:
ℹ️ https://blog.yearn.fi/ybs-yprisma-launch 

Week in DeFi: Coinbase is Based, Platypus Reversed-Hacked and Arbitrum Finally Surpasses Ethereum

Who Is Andre Cronje?

Crypto Staking Guide 2022

Crypto News, March 7: Pressure Grows on Russia

Renowned DeFi Developer Andre Cronje Quits Industry

## Yearn.Finance (YFI) คืออะไร?

Yearn.finance เป็นการรวมบริการสำหรับนักลงทุนด้านการเงินแบบ decentralized finance( [DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) ) โดยใช้ระบบอัตโนมัติเพื่อให้พวกเขาได้รับผลกำไรสูงสุดจากการทำฟาร์มผลตอบแทน

เป้าหมายคือการลดความซับซ้อนของ DeFi ที่มีการขยายตัวตลอดเวลาสำหรับนักลงทุนที่ไม่เชี่ยวชาญในด้านเทคนิคหรือผู้ที่ต้องการตอบสนองในลักษณะที่น้อยกว่าเทรดเดอร์ที่จริงจัง

บริการนี้เปิดตัวในเดือนกุมภาพันธ์ 2020 ซึ่งเดิมเรียกว่า iEarn มีการเติบโตอย่างมากในช่วงไม่กี่เดือนที่ผ่านมา เนื่องจากมีการเปิดตัวผลิตภัณฑ์ใหม่และนักพัฒนาได้เปิดตัวโทเค็นภายในองค์กร YFI

### ใครคือผู้ก่อตั้ง Yearn.Finance?

Yearn.finance ก่อตั้งโดย Andre Cronje หลังจากออกจากโครงการ iEarn ในเดือนกุมภาพันธ์ 2020 Cronje กลับมาดูแลการ rebirth โดยมีเครื่องมือใหม่ ๆ เกิดขึ้นและ YFI จะเริ่มให้บริการในเดือนกรกฎาคม

ตั้งแต่นั้นเป็นต้นมากระแสของมันก็เริ่มกลับมา โดยมีทรัพย์สินภายใต้มูลค่ารวมที่ถูกล็อคไว้ที่ 1 พันล้านดอลลาร์ ณ สิ้นเดือนกันยายนปี 2020

Cronje ประกอบอาชีพเกี่ยวกับคริปโตเคอร์เรนซีมายาวนานและเช่นเดียวกันกับ DeFi นอกจากนี้เขายังดำรงตำแหน่งในระบบ smart contract ของ Fantom และ CryptoBriefing ซึ่งเป็นแหล่งข้อมูลที่ทุ่มเทให้กับ initial coin offerings ( [ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) ) และสื่อคริปโต

#### อะไรทำให้ Yearn.Finance ไม่เหมือนใคร

Yearn.finance ทำให้การลงทุนและกิจกรรม DeFi ง่ายขึ้น เช่น การ [yield farming](https://coinmarketcap.com/alexandria/glossary/yield-farming) สำหรับนักลงทุนในวงกว้าง

แพลตฟอร์มนี้ใช้เครื่องมือต่าง ๆ ที่ออกแบบมาเพื่อทำหน้าที่เป็นตัวรวบรวมสำหรับโปรโตคอล DeFi เช่น Curve, Compound และ Aave ซึ่งจะทำให้ผู้ที่ร่วมลงทุนในคริปโตเคอร์เรนซีได้รับผลตอบแทนสูงสุดที่เป็นไปได้

คุณลักษณะใหม่ ๆ ยังคงได้รับการเปิดตัวโดยมีเป้าหมายเพื่อช่วยรักษามูลค่าระยะยาวของแพลตฟอร์ม

Yearn.finance ทำกำไรโดยการเรียกเก็บค่าธรรมเนียมการถอน ซึ่งปัจจุบันเรียกเก็บที่ 0.5% ณ สิ้นเดือนกันยายน 2020 และค่าธรรมเนียมการอุดหนุนก๊าซ 5% เนื่องจากรูปแบบการกำกับดูแลจึงสามารถเปลี่ยนแปลงทางเทคนิคผ่านทางฉันทามติได้ตลอดเวลา

ตลาดเป้าหมายสำหรับ yearn.finance คือนักลงทุนที่ไม่มีเวลาศึกษาเกี่ยวกับ DeFi ที่ซับซ้อนมากขึ้นตั้งแต่เริ่มต้น หรือผู้ที่ต้องการเพิ่มผลตอบแทนให้เหมาะสม

##### หน้าที่เกี่ยวข้อง:

ดูข้อมูลเพิ่มเติมเกี่ยวกับ Harvest Finance (FARM) ได้ [ที่นี่](https://coinmarketcap.com/th/currencies/harvest-finance/)

เป็นมือใหม่สำหรับคริปโตใช่หรือไม่ ? ค้นหาทุกสิ่งที่คุณจำเป็นต้องรู้ด้วย [Alexandria](https://coinmarketcap.com/alexandria/categories/crypto-basics) แหล่งข้อมูลการศึกษาโดยเฉพาะของ CoinMarketCap

ดู CMC’s blog สำหรับข้อมูลเพิ่มเติมเกี่ยวกับ [YFI](https://blog.coinmarketcap.com/2020/09/02/inside-ethereums-testnet-headwinds-growth-in-tokenized-bitcoin-a-data-perspective-by-intotheblock-2/)

##### มีเหรียญ Yearn.Finance (YFI) หมุนเวียนอยู่กี่เหรียญ?

YFI โทเค็นภายในบริษัท Yearn.finance มีอุปทานคงที่ที่ 30,000 เหรียญ ไม่มีรอบปฐมทัศน์เมื่อเปิดตัวในเดือนกรกฎาคม 2020 และนักพัฒนาไม่ได้รับเงินเริ่มต้นใด ๆ : อุปทานทั้งหมดเมื่อเปิดตัวคือ 0 YFI

ตั้งแต่นั้นมาอุปทานส่วนใหญ่ได้เข้าสู่การหมุนเวียนและความสำเร็จของโทเค็นสะท้อนให้เห็นในราคาที่สูงเป็นประวัติการณ์ที่ 41,000 ดอลลาร์ ซึ่งเกิดขึ้นในช่วงกลางเดือนกันยายน 2020 YFI ยังเป็นคริปโตเคอร์เรนซีตัวแรกที่มีมูลค่าต่อหน่วยมากกว่า Bitcoin ( [BTC](https://coinmarketcap.com/th/currencies/bitcoin/) )

ผู้ใช้งาน yearn.finance จะได้รับ YFI จากการจัดหา [สภาพคล่อง](https://coinmarketcap.com/alexandria/glossary/liquidity) ในขณะที่การถือครองโทเค็นกำหนดสิทธิในการกำกับดูแล

#### Yearn.Finance Network มีความปลอดภัยอย่างไร?

ผู้ใช้งานของ Yearn.finance อาจจะเผชิญกับความเสี่ยงสูงที่จะสูญเสียเงินเนื่องจากสภาพตลาดที่เปลี่ยนแปลงอย่างรวดเร็วและหน่วยงานที่ฉวยโอกาสพยายามหากำไรจากผู้เข้าร่วมที่มีประสบการณ์น้อย

Cronje เองพยายามที่จะรักษาความโปร่งใสเกี่ยวกับแหล่งที่มาของแพลตฟอร์ม โดยสังเกตว่าแม้หลังจากการตรวจสอบโค้ดแล้วก็ไม่สามารถรับประกันเงินได้ว่าปลอดภัย 100% - DeFi มีความเสี่ยงโดยธรรมชาติ

#### คุณสามารถซื้อ Yearn.Finance (YFI) ได้จากที่ไหน?

YFI เป็นโทเค็นที่ซื้อขายได้อย่างอิสระ โดยมีคู่สำหรับคริปโตเคอร์เรนซี, stablecoinsและสกุลเงิน fiat ทั้งหมดที่มีอยู่ทั่วไป

ตัวกลางการซื้อขายแลกเปลี่ยน YFI ที่สำคัญ ได้แก่ [Binance](https://coinmarketcap.com/th/exchanges/binance/) , [OKEx](https://coinmarketcap.com/th/exchanges/okex/) และ [Huobi Global](https://coinmarketcap.com/th/exchanges/huobi-global/) ตลอดจน automated market maker ( [AMM)](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm) Uniswap

ยังใหม่สำหรับคริปโตและต้องการทราบวิธีการซื้อ Bitcoin (BTC) หรือโทเค็นอื่น ๆ ใช่หรือไม่? ดูรายละเอียดได้ [ที่นี่](https://coinmarketcap.com/how-to-buy-bitcoin/)

yearn.finance

Ledger

Coinbase

HyperPay

Trust Wallet

MetaMask

Binance Chain Wallet

SolFlare

Backpack

Phantom

Atomic wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Tribe

Celer Network

Balancer

Rollbit Coin

Convex Finance

Alchemy Pay

Propy

SwissBorg

Wall Street Baby

Bird Dog

Redacted

Brainers

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

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

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.

Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.

MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself.

The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.

Maker

Aave

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.

Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.

Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Zcash

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.

Tezos

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.

Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions.

Dash

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.

The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 400+ liquidity sources on 12 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, Fantom, Gnosis Chain, Klaytn, Aurora, zkSync and Base.

In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $150B in overall volume on the Ethereum network alone.

The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.

The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features.

The 1INCH token is the governance and utility token of the 1inch Network. 1INCH holders can stake their tokens to participate in the 1inch Network's DAO governance, including the 1inch DAO Treasury management. Also, holders can choose resolvers and earn a part of their fees.

With the 1inch Fusion, users can stake 1INCH tokens to receive Unicorn Power (UP), then subsequently delegate their UP to any 1inch Fusion Resolver to start receiving rewards from them. When staking, there is the option to set a custom or preset lock period. User’s st1INCH tokens cannot be unstaked/withdrawn without penalty until the designated lock period expires.

In December 2020, 1inch raised $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital, and Spartan Group. The funding round was conducted through a SAFT (simple agreement for future tokens) sale.

In December 2021, 1inch has closed a $175 million Series B round, led by Amber Group. Among about 50 investors that participated in the funding event are Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund.

1inch Network

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

DFI.MONEY, also known as YFII, is a fork of popular decentralized finance (DeFi) aggregator platform yearn.finance (YFI).

Launched in July 2020, it aims to optimize returns for DeFi investors while adhering to changes proposed in an upgrade plan called YIP-8.

In addition to protocol changes, DFI.MONEY has also released new products, chief among which, the Vault, it describes as its “killer product.”

The native token of DFI.MONEY is YFII, a fixed-supply token which liquidity providers earn in accordance with their network interaction.

DFI.Money

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Bancor

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.