Bancor

Impermanent Loss: What Is It and How Can I Reduce Its Impact?

Crypto Outperforms Traditional Markets With DEX Tokens Leading the Way: A Data Perspective by IntoTheBlock

## Bancor (BNT) کیا ہے؟

Bancor اسمارٹ معاہدات کی ایک سیریز پر مشتمل ہے جو ٹوکن کی آن-چین تبدیلی کا انتظام کرتا ہے۔ یہ پروٹوکول کسی ایکسچینج کے بغیر، ٹوکن کی تبدیلی کو فوری، اور آسان بناتا ہے۔ اس پروٹوکول کے اسمارٹ معاہدات لیکویڈیٹی پُولز کی تنظیم کرتے ہیں، جو نیٹ-ورک میں دستیاب مختلف ٹوکنز کو آپس میں جوڑ دیتے ہیں۔

نیٹ-ورک پر استعمال ہونے والا بڑا ٹوکن "Bancor نیٹ-ورک ٹوکن" BNT ہے۔ فی الحال، اس نئے DeFi رجحان کے لیے Bancor اور Uniswap (یونی-سویپ) سب سے آگے ہیں۔

### Bancor کے بانی کون ہیں؟

Bancor کی بنیاد Eyal Hertzog، اور Yudi Levi نیز Galia and Guy Benartzi نے سَن 2017 میں رکھی تھی۔ اسے John Maynard Keynes کے اعزاز میں "Bancor" کا نام دیا گیا، جنہوں نے 76 سال پہلے ایک مافوق الوطن کرنسی کو اس لفظ سے موسوم کیا تھا۔

**Eyal Hertzog** پروٹوکول BNT، اور نیٹ-ورک کو استعمال کرنے والی دیگر مصنوعات کے پروڈکٹ آرکیٹیکٹ ہیں۔ وہ کریپٹو صنعت میں ایک جانی پہچانی آواز ہیں، نیز 20 سال سے زیادہ عرصے پر مُحیط، ٹیکنالوجی کے میدان میں موجود ایک کاروباری شخصیت بھی ہیں۔ پہلے اُنہوں نے MetaCafe کی بنیاد رکھی، جو اسرائیل میں موجود 50 ملین سے زیادہ صارفین کے زیر استعمال ویڈیو شیئرنگ کی سب سے بڑی سائٹ ہے۔

**Guy Benartzi** Bancor کے چیف ایگزیکٹو ہیں۔ اُنہوں نے سن 2005 میں Mytopia کی مشترکہ بنیاد بھی رکھی۔ یہ کمپنی سوشل نیٹ-ورکس پر صارفین کے لیے کراس-پلیٹ-فارم گیمز تیار کرتی ہے۔

1Galia Benartzi1 کئی سال سے ٹیکنالوجی کے میدان میں موجود ایک اور کاروباری شخصیت ہیں۔ وہ Bancor پروٹوکول کی شریک بانی ہیں۔ یہ خاتون Bancor میں بزنس ڈویلپرہیں۔ وہ Particle Code (پارٹیکل کوڈ) کی CEO، اور بانی بھی ہیں۔

**Yudi Levi** بنکور میں CTO ہیں۔ وہ 20 سال سے زیادہ عرصے سے ٹیکنالوجی کے شعبے سے وابستہ ہیں۔ پہلے پہل اُنہوں نے AppCoin کی مشترکہ بنیاد رکھی۔ یہ ایک ایسی ایپ ہے جو کمیونٹیز (communities) کو اپنی کرنسی بنانے کی استعداد دیتی ہے۔

### کیا چیز Bancor کو منفرد بناتی ہے؟

Bancor نیٹ-ورک میں استعمال ہونے والے ٹوکنز کو رواں تبدیلی کے قابل بناتا ہے۔ اس سے ایکسچینج یا تھرڈ پارتی پلیٹ فارمز کی ضرورت ختم ہو جاتی ہے۔ یہ پروٹوکول بذریعہ نیٹ-ورک تعاون-یافتہ ٹوکنز کے لیے کئی خود مختار پولز کو بھی برقرار رکھتا ہے۔

Bancor کی انفرادیت اس کے اپنے مقصد سے واضح ہے کہ وہ altcoins کے لیے لیکویڈیٹی پیدا کرے، تیز لیکویڈیٹی فراہم کرنے والوں کو معاوضہ دے۔ یہ پروٹوکول یکسر مختلف کرپٹو ٹوکنز کو ایک ہی ڈھنگ سے دوسرے ٹوکنز میں تبدیل کرتا ہے۔ اس دائرہِ کار میں دوسرے پلاچینز پر چلنے والے ٹوکنز کسی تیسرے فریق کی مداخلت کے بغیربھی شامل ہیں۔

BNT، پروٹوکول کا مرکزی ٹوکن، نیٹ-ورک پر بنائے گئے تمام سمارٹ ٹوکنز کے لیے ڈیفالٹ کی حیثیت رکھتا ہے۔ Bancor کی جانب سے سمارٹ ٹوکنز کی تخلیق بلاک چین ٹیکنالوجی کے ذریعے بنائی جانے والی اپنی نوعیت کی واحد تخلیق ہے۔ سمارٹ ٹوکنز بنانے کے لیے پروٹوکول کا بنیادی مقصد لیکویڈیٹی کے مسائل کا پائیدار حل فراہم کرنا ہے، اور یہی خصوصیت اسے دیگر مارکیٹ سازوں سے مختلف بناتی ہے۔

### کُل کتنے Bancor (BNT) کوائنز گردش مین ہیں؟

جنوری میں، Bancor نے اپنے مقامی ٹوکن کو مزید لیکویڈیٹی اور آگاہی فراہم کرنے کے لیے ایک چال چلی۔ لہذا، اس نے $60,000 مالیت کے کچھ ETH/BNT کو ایسے مختلف والیٹس میں تقسیم کر دیا، جن میں BNT کی تعداد کم سے کم طلب کے مُطابق موجود تھی۔ سن 2017 میں، پروٹوکول نے اپنے ابتدائی کوائن کی پیشکش کے دوران $144M سے زیادہ پر مشتمل رقم کا اضافہ کیا۔

یہ پروٹوکول دوسرے ٹوکنز کو ختم کرنے کی اجازت بھی دیتا ہے۔ تاہم، اس ٹوکن کو (جسے ریزرو ٹوکن بھی کہا جاتا ہے)، ERC-20 یا EOS معیاروں سے مُطابقت رکھنی چاہیے۔

Bancor ایکو سسٹم دو طرفہ ٹوکن ماڈل کی حمایت کرتا ہے: مائع ٹوکن اور ریلے ٹوکن۔

**مائع ٹوکن** ایک خودکار ٹوکن ہے جس میں ’’ریزرو‘‘ صرف ایک ہوتا ہے جو خود کو مِنٹ اور تباہ کر دیتا ہے۔ یہ یا تو اس کے اپنے اسمارٹ معاہدے پر ریزرو ٹوکن بھیج کر، یا ریزرو ٹوکن اس پر سے ہٹا کر ایسا کرتا ہے۔ Bancor نیٹ-ورک کو استعمال کرنے کے لیے، مائع ٹوکن والے ریزرو ٹوکن کو یا تو BNT میں، یا پھر BNT کے کسی ڈیریویٹو میں ہونا چاہیئے۔

دوسری جانب، **ریلے ٹوکن** ، لیکویڈیٹی فراہم کرنے کے لیے اسٹیکنگ میں استعمال کیا جاتا ہے۔ Bancor کے ٹوکن ہولڈرز کو، مستقبل میں ہونے والی کمائی کا کُچھ فیصد حصّہ ملے گا۔ ریلے ٹوکنز، پول میں اسٹیک کی گئی رقم کا تناسب، بالمُقابل کُل قدر، کی نشاندہی کرتے ہیں۔

### Sandbox نیٹ-ورک کو کیسے محفوظ بنایا جاتا ہے؟

اس پروٹوکول کا سمارٹ ٹوکن، نیٹ-ورک پر موجود پولز کے لئے، ٹریڈرز کو لیکویڈیٹی فراہم کرنے کی استطاعت دیتا ہے۔ کوئی بھی فرد لیکویڈیٹی کو پوُلز میں ڈالنے کے لیے حصّے دار بن سکتا ہے۔

جب لیکویڈیٹی کے فراہم کنندگان پول میں لیکویڈیٹی ڈالتے ہیں، تو وہ پول میں ہونے والی تجارت کے لیے انعامات کے اہل بھی قرار پاتے ہیں۔ لیکویڈیٹی فراہم کرنے والوں کو ان کے حصص کے مُطابق ایک مخصوص فیصد تناسب میں پول ٹوکن ملیں گے۔

### آپ Bancor نیٹ-ورک ٹوکن (BNT) کیسے خرید سکتے ہیں؟

یہ الفاظ ضبط تحریر میں لاتے وقت تک، Bancor $2 بلین سے زیادہ تجارت کی سہولت فراہم کر چُکا ہے، جس میں متعدد ٹوکنز کے ساتھ ساتھ کراس-چین ٹوکنز بھی شامل ہیں۔ اس نیٹ-ورک نے اسٹیکنگ کے ذریعے لاکھوں کمائے ہیں، جنہیں BNT ٹوکن پر اسٹیک کرنے والوں میں تقسیم کیا جاتا ہے۔ BNT کی حمایت کرنے والے متعدد ایکسچینجز میں [Binance](https://coinmarketcap.com/ur/exchanges/binance/)، Coinswitch اور ZenGo شامل ہیں۔ BNT اور دیگر کریپٹو کرنسی کیسے خریدی جائے؟ مزید معلومات آپ [یہاں](https://coinmarketcap.com/alexandria/categories/blog) سے حاصل کر سکتے ہیں۔

Ledger

Coinbase

Trust Wallet

MetaMask

SolFlare

Backpack

Phantom

Atomic wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Liquity

OMG Network

Heroes of Mavia

Ankr Staked ETH

Bazaars

Stella

Node AI

GuildFi

Loom Network

ARCS

Parex

Privapp Network

FOMO Network

X2Y2

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

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

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

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

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

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.

Balancer

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.

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.

Band Protocol

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN).

Launched in December 2019, Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network.

Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.

Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.

The service is pay-per-use, meaning that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees.

Orchid

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

yearn.finance

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

Civic is a blockchain-based identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information.

The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information.

Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user.

Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app.

The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider.

Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers.

Civic was launched in 2018, following a sell-out initial coin offering (ICO) the year prior.

Civic

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

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

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

Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.

In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.

Two years later, an updated white paper was published. Here, a decentralized network  — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.

People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.

Storj

Origin Protocol develops web3 technologies with the intention of bringing non-fungible tokens (NFTs) and decentralized finance (DeFi) to the masses. The protocol’s unique tooling and diverse partnerships help in realizing these goals. Origin Protocol has two flagship products: Origin Story (governed by OGN), and Origin Dollar (governed by OGV).

Origin Story is a white label NFT marketplace solution that works with disrupters in various sectors by leveraging non-fungible tokens. The platform hosts NFT marketplaces and tooling in various industries, including the real estate, profile picture, music, art and entertainment industries.

Some of Origin Story’s partners include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound. Origin Story Marketplaces seek to cast a wide net in various industries being impacted by NFTs, rather than focusing on any one area in particular. Investors may see OGN as the ‘picks and shovels’ approach to investing in NFTs.

Origin Protocol

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

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

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.

Qtum

Billed as "digital money for the modern world," nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.

Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Anyone with access to a computer or phone could solve captchas, and be rewarded with RaiBlocks. The number of XRB people received per solved captcha varied over time

RaiBlocks (XRB) was rebranded to Nano in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users.

It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries.

Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely.

ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies.

In November, 2021, aiming to bring nano to the real world and to comply with the globally-recognized standards of the International Organisation for Standardisation (ISO) requirements, nano adopted a new ticker and a standard symbol: XNO and Ӿ.

Nano

Decred is Money Evolved.

By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

Decred

Lisk is striving to on-board 100,000,000 users into crypto and web3 by offering an accessible blockchain application platform and an industry leading JavaScript SDK.

Released in 2019, the Lisk SDK enables developers to build application-specific blockchains entirely in JavaScript, the most widely used programming language in the world. To get a deep-dive into the Lisk SDK, please visit the Lisk SDK documentation or watch Lisk.js 2019 and Lisk.js 2022.

To be released in 2022, the Lisk blockchain application platform allows interoperability between all application-specific blockchains built with the Lisk SDK. With other words, users will be able to use DeFi, NFT or Metaverse blockchain applications on Lisk.

To better understand why Lisk is important watch the following videos: The Case for Lisk and The Ultimate Vision for Lisk.

If you are curious about Lisk’s history and journey, watch Looking Back on Lisk.

The Lisk project is managed by the Lisk Foundation, a non-profit entity based in Zug, Switzerland. A local team of experts specialized in law and finance, as well as yearly audits, ensure the proper handling of funds and regulatory compliance under the supervision of the Swiss Federal Foundation Supervisory Authority (ESA, Eidgenössische Stiftungsaufsicht).

The Lisk products are developed by the Lightcurve GmbH, a Berlin based blockchain studio. With a team of over 40 blockchain experts, Lightcurve is researching, developing and promoting the Lisk SDK and the Lisk blockchain application platform.