FTX is a cryptocurrency derivatives exchange built by traders, for traders. They strive to build a platform powerful enough for professional trading firms and intuitive enough for first-time users. FTX supports quarterly and perpetual futures for all major cryptocurrencies, leveraged tokens, and OTC. FTX was incubated by Alameda Research, a topcryptocurrency liquidity provider. Because of this FTX has had industry-leading order books from day one. FTX was co-founded by Sam Bankman-Fried and Gary Wang, in 2018. Their mission is to build the best derivatives exchange and to help move this space toward becoming institutional.

Coinbase Ventures is an investment arm of Coinbase that aims to invest in early-stage cryptocurrency and blockchain startups.

Coinbase Ventures

organization

Sequoia is a venture capital focused on energy, financial, enterprise, healthcare, internet, and mobile startups. The firm helps a small number of daring founders build legendary companies. Its spurs them to push the boundaries of what’s possible. The firm seeks to invest in all sectors with a focus on energy, financials and financial services,healthcare and healthcare services, Internet, mobile, outsourcing, and technology. The company was founded by Don Valentine in November 1972 and is based in Menlo Park, California.

Sequoia Capital

Senator Investment Group is a hedge-fund firm providing services to pooled investment vehicles. It specializes in the fields of financial services and investment management. It was formed in 2008 and headquartered in New York, United States.

Senator Investment Group

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets. It focuses on seed, early-stage, later stage, expansion stage, start-up, growth companies, and incubation and specializes in debt financing for start-up and growth companies. Lightspeed Venture Partners invests in varioussectors that include enterprise, consumer, big data, bitcoin, enterprise technology, cleantech, mobile, internet, financial technology, cloud solutions, e-commerce, storage, media, networking, energy, and software, software-as-a-service, information technology, biotechnology, and social. It mainly invests in countries such as the United States, Europe, Israel, China, and India. The firm was founded in 2000 and is based in Menlo Park, California with additional offices in Beijing, China; Shanghai, China; New Delhi, India; and Herzelia Pituach, Israel.

Lightspeed Venture Partners

USD Coin (USDC) is a cryptocurrency and operates on the Ethereum platform. USD Coin has a current supply of 53,542,347,636.55828. The last known price of USD Coin is 0.99985399 USD and is down -0.02 over the last 24 hours. It is currently trading on 3145 active market(s) with $5,458,918,990.38 traded over the last 24 hours. More information can be found at https://www.centre.io/usdc.

USD Coin

<h2>Investor</h2>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1655893502230.image" /></p>

Community and Backers

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <h2 id="what-is-usd-coin-usdc">
      What Is USD Coin (USDC)?
     </h2>
     <p>
      USD Coin (known by its ticker 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.
     </p>
     <p>
      The stablecoin originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.
     </p>
     <p>
      Several use cases have been unveiled for the USD Coin. 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.
     </p>
     <p>
      Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.
     </p>
     <h2 id="who-are-the-founders-of-usd-coin">
      Who Are the Founders of USD Coin?
     </h2>
     <hr/>
     <p>
      The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Other crypto ventures are open to join this consortium.
     </p>
     <p>
      Explaining the rationale behind USDC, Circle co-founders Jeremy Allaire and Sean Neville wrote: “We believe that an open internet of value exchange can transform and integrate the world more deeply, eventually eliminating artificial economic borders and enabling a more efficient and inclusive global marketplace that connects every person on the planet.”
     </p>
     <p>
      In 2020, Circle and Coinbase collectively announced a major upgrade to USDC’s protocol and smart contract. The goal of these enhancements is to make it easier for USD Coin to be used for everyday payments, commerce and peer-to-peer transactions.
     </p>
     <h3 id="what-makes-usd-coin-usdc-unique">
      What Makes USD Coin (USDC) Unique?
     </h3>
     <hr/>
     <p>
      The stablecoin market has become exceedingly crowded over recent years — but USD Coin has aimed to stand head and shoulders over competitors in several ways.
     </p>
     <p>
      One of them concerns transparency — and giving users the assurance that they will be able to withdraw 1 USDC and receive $1 in return without any issues. To this end, it says a major accounting firm is tasked with verifying the levels of cash that are held in reserve, and ensuring this matches up with the number of tokens in circulation.
     </p>
     <p>
      Unlike some crypto ventures, Circle and Coinbase have also achieved regulatory compliance — and this has helped pave the way for international expansion. Both projects are also well-funded, giving the stablecoin certainty.
     </p>
     <p>
      <a href="#">
       Coinbase
      </a>
      briefly contemplated
      <a href="#">
       diversifying the funds backing USDC
      </a>
      , but retracted that proposal after heavy community backlash. The transparency over the provenance of its funds has been a big reason for USDC's success. Unlike its rival
      <a href="#">
       USDT
      </a>
      , which has found itself embroiled in repeated
      <a href="#">
       investigations
      </a>
      , USDC has never been accused of any wrongdoing. That has led to USDC gobbling up much of USDT's dominance in the
      <a href="#">
       stablecoin
      </a>
      market: although USDT commanded a 74%:16% lead in market share in February 2021, this has shrunk to a 45%:30% lead in February 2022.
     </p>
     <p>
      <strong>
       Related Pages
      </strong>
      :
     </p>
     <p>
      <a href="#">
       What is a stablecoin?
      </a>
     </p>
     <p>
      <a href="#">
       Find out about USDT, one of USDC’s biggest competitors
      </a>
     </p>
     <p>
      <a href="#">
       Detailed definitions for stablecoins in the CoinMarketCap glossary
      </a>
     </p>
     <p>
      <a href="#">
       CoinMarketCap Blog: Insightful analysis and features
      </a>
     </p>
     <h3 id="how-many-usd-coins-usdc-are-there-in-circulation">
      How Many USD Coins (USDC) Are There in Circulation?
     </h3>
     <hr/>
     <p>
      It’s a bit difficult to give an exact number here — as in theory, the number of USDC that can exist is limitless. New coins are created in line with demand, whenever someone wants to purchase one with their humble dollar.
     </p>
     <p>
      That said, there have been factors that have helped USD Coin enjoy an explosion in popularity over the years — especially in 2020. One of them is the sudden, sharp rise in the popularity of decentralized finance. USDC is a common sight on many
      <a href="#">
       DeFi
      </a>
      protocols given how it serves as an onramp to the wider ecosystem.
     </p>
     <h3 id="how-is-the-usd-coin-network-secured">
      How Is the USD Coin Network Secured?
     </h3>
     <hr/>
     <p>
      All of the USDCs in circulation are actually ERC-20 tokens, which can be found on the Ethereum blockchain. One of the biggest advantages here is how it can then be integrated with Ethereum-based applications. As we mentioned earlier, security and confidence in this stablecoin is delivered by proving that U.S. dollars are being held safely in reserve.
     </p>
     <h3 id="where-can-you-buy-usd-coin-usdc">
      Where Can You Buy USD Coin (USDC)?
     </h3>
     <hr/>
     <p>
      As you might expect, one of the most enthusiastic exchanges that offers USDC is Coinbase, given how the exchange was involved in this stablecoin’s creation. USD Coin can also be purchased and traded on Poloniex, Binance, OKEx and Bitfinex, as well as decentralized exchanges such as Uniswap.
     </p>
     <p>
      USDC is commonly bought with Bitcoin — and if it’s your first time buying Bitcoin, be sure to check out our comprehensive guide
      <a href="#">
       here
      </a>
      .
     </p>
    </div>
   </div>
  </div>
 </div>
</div>

description

<p class="has-normal-font-size">Ultimately&nbsp;<strong>USDC</strong>&nbsp;is one of the leading stable coins for a reason and continues to play a large role in the adoption of cryptocurrency globally. Built through a partnership with two reputable organizations Coinbase and Circle, and overseen by Centre, a leading open source project&nbsp;<strong>USDC</strong>&nbsp;remains one of the most trusted stable coin assets on the market today.</p>
<p class="has-normal-font-size">Read More: <a href="https://coincu.com/currencies/usdc-usd-coin/">Click Here</a></p>

Verdict

<h1 id="what-is-usdc"><span id="What_is_USDC" class="ez-toc-section">What is USDC?</span></h1>
<p class="has-normal-font-size"><strong>USD Coin (USDC)</strong>&nbsp;is a digital currency that is referred to as a Stablecoin (a coin with fixed value). You can always exchange one&nbsp;<strong>USD Coin</strong>&nbsp;for 1 US Dollar, which makes its price stable at $1. In Coinbase, eligible customers can receive rewards for each&nbsp;<strong>USD Coin</strong>&nbsp;they hold.</p>
<ul class="has-normal-font-size">
<li>Stable value: For customers with a US Dollar bank account, 1&nbsp;<strong>USDC</strong>&nbsp;can always be exchanged for 1 US Dollar, giving it some price stability.</li>
<li>Backed by US dollars: Each&nbsp;<strong>USDC</strong>&nbsp;has a certified US dollar behind it, which is kept in the bank.</li>
<li>Powered by Ethereum:&nbsp;<strong>USD Coin</strong>&nbsp;is a token on the Ethereum platform, so you can store it in a suitable wallet like the Coinbase wallet.</li>
<li>Global transactions:&nbsp;<strong>USC Coin</strong>&nbsp;is designed to help Dollars circulate globally from your crypto wallet to exchanges, businesses or other users.</li>
<li>Above is an introduction to what&nbsp;<strong>USDC</strong>&nbsp;is &ndash; A stable coin created by Coinbase.</li>
</ul>
<p class="has-normal-font-size"><strong>USDC</strong>&nbsp;runs on the Ethereum blockchain as an&nbsp;<strong>ERC-20 token</strong>. Each&nbsp;<strong>USDC</strong>&nbsp;token is 100% legally backed by a single&nbsp;<strong>USD</strong>&nbsp;held in accounts exposed to regular public reserve reporting. The underlying technology behind the&nbsp;<strong>USDC</strong>&nbsp;was developed in collaboration between Coinbase and the Circle platform.</p>
<h1 class="MuiBox-root jss7173">Technology</h1>
<div class="MuiBox-root jss7174">
<div class="MuiBox-root jss7215 jss7177">
<p class="MuiTypography-root jss7176 MuiTypography-body2 MuiTypography-paragraph">USD Coin is the first implementation of CENTRE's fiat-back stablecoin network, launched as an ERC-20 compliant token on Ethereum. USDC relies on a proof-of-reserves system to ensure that reserve assets match circulating tokens.</p>
<p class="MuiTypography-root jss7176 MuiTypography-body2 MuiTypography-paragraph">CENTRE contracts manage the minting and the redemption/burning of stablecoins, which can be used for both the exchange and wallet interoperability use cases. Customers who on-board through a stablecoin on-ramp, such as a web application created and maintained by a licensed CENTRE token-issuing member, can transfer fiat funds into that CENTRE issuer&rsquo;s account. The issuer then executes a series of commands with the CENTRE network to verify, mint, and validate fiat tokens pegged to the value of those deposited funds. The customer can then transfer those tokens elsewhere in order to use them. Redemption follows the reverse sequence: fiat tokens are burned when a customer visits an off-ramp such as a web application maintained by a licensed CENTRE issuing member. Upon successful verification and validation, funds from underlying fiat reserves would be transferred to the customer&rsquo;s external bank.</p>
<h1 id="what-does-usdc-do">What does USDC do?</h1>
<p class="has-normal-font-size">Circle Company issues&nbsp;<strong>USDC</strong>&nbsp;with the following objectives:</p>
<ul class="has-normal-font-size">
<li><strong>Bring transparency</strong>: Transparency brings trust, and trust is a necessary factor in giving users a reason to trust stablecoins to be stable over the long term. The source code of the&nbsp;<strong>USDC</strong>&nbsp;token is open, so all issuance and amount of&nbsp;<strong>USD</strong>&nbsp;<strong>coins</strong>&nbsp;are publicly disclosed and audited by leading auditing firms.</li>
<li><strong>Bring high liquidity:</strong>&nbsp;<strong>USDC</strong>&nbsp;is backed 1:1 with the US Dollar. Circle is one of the major technology companies in the US, it is valued at 3 billion&nbsp;<strong>USD</strong>, and is licensed to operate by the New York Stock Exchange (NYSE). Having a large company like Circle behind it as a launch pad will make it possible for this token to withstand periods of market volatility and reach the sustainable crypto space. In addition, investors can convert USD to&nbsp;<strong>USDC</strong>&nbsp;and vice versa at any time at a ratio of 1:1, only needing approval through Circle&rsquo;s KYC/AML process. Circle also ensures that the&nbsp;<strong>USD Coin</strong>&nbsp;rate is always stable around 1&nbsp;<strong>USD</strong>&nbsp;to provide the best store of value for investors.</li>
<li><strong>Build credibility:</strong>&nbsp;A brand everyone knows and loves will make&nbsp;<strong>USDC</strong>&nbsp;easier to accept.</li>
</ul>
<p class="has-normal-font-size"><strong>USD Coin</strong>&nbsp;functions exactly like the US dollars, so you can spend it in pretty much any way you would with cash. The only thing you can&rsquo;t do with a token is to fold it up and stuff it in your pocket.</p>
<p>Here are some of the most typical usage of&nbsp;<strong>USD</strong>&nbsp;<strong>Coin</strong>:</p>
<ul class="has-normal-font-size">
<li>Buy cryptocurrencies: You can trade&nbsp;<strong>USDC</strong>&nbsp;for any other type of crypto across many platforms. Note that since its value is fixed to the dollar, you&rsquo;ll be subjected to exchange rate fluctuations when trading for other stablecoins.</li>
<li>Make online purchases: One of the most significant advantages of using&nbsp;<strong>USDC</strong>&nbsp;is privacy. Transactions made on DEX are verified by smart contracts. They serve as a receipt of your payment so you can always keep track of your expenses. Commercial purchases are also possible. Companies that accept crypto payments usually take&nbsp;<strong>USD</strong>&nbsp;Coins as well. They include major corporations like Amazon, Microsoft, Visa, Tesla, and more.</li>
<li>Earn Interests: Like the regular dollars, you can put&nbsp;<strong>USD</strong>&nbsp;Coins in an earning program, an exchange may offer, and make passive gains. Since it has a fixed value, you won&rsquo;t have to worry about depreciation.</li>
</ul>
</div>
</div>
<p class="has-normal-font-size">&nbsp;</p>

All about

<h2 class="MuiBox-root jss7173"><strong>Token Usage</strong></h2>
<div class="MuiBox-root jss7174"><strong>Key Info</strong>
<div class="jss7208">Token Type: ERC-20. Token Uses: Payments</div>
<div class="MuiBox-root jss7210"><hr class="MuiDivider-root jss6645 MuiDivider-light jss6646" /></div>
<div class="MuiBox-root jss7211 jss7177">
<p class="MuiTypography-root jss7176 MuiTypography-body2 MuiTypography-paragraph">USDC can be transacted over the Ethereum blockchain in the same manner as Ether or any other ERC-20 asset. If a user wishes to redeem USDC they can send tokens to an address controlled by CENTRE members who will destroy the tokens and transfer fiat currency to the user's bank account. USDC&rsquo;s existence on public blockchains allows traders and exchanges to use USDC as an alternative to fiat currencies allowing them to outsource their banking needs to CENTRE. USDC existence as an ERC-20 token on Ethereum allows it to be integrated with Ethereum based applications. In addition to being used a method of payment, USDC can also be lent, borrowed, staked, and traded using DeFi protocols.</p>
</div>
</div>
<h2 class="MuiBox-root jss7173"><strong>Supply Schedule</strong></h2>
<div class="MuiBox-root jss7174"><strong>Key Info</strong>
<div class="jss7208">General Emission Type: Burn &amp; Mint. Precise Emission Type: Other Burn &amp; Mint models</div>
<div class="MuiBox-root jss7213"><hr class="MuiDivider-root jss6645 MuiDivider-light jss6646" /></div>
<strong>Details</strong>
<div class="MuiBox-root jss7214 jss7177">
<p class="MuiTypography-root jss7176 MuiTypography-body2 MuiTypography-paragraph">Users create new tokens by depositing fiat currency into regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. CENTRE notes that issuers are required to regularly report their USD reserve holdings, and Grant Thornton LLP issues reports on those holdings every month. Tokens are destroyed when users send tokens to an address controlled by CENTRE members.</p>
</div>
</div>
<p>&nbsp;</p>

Technical Data

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <h2 id="what-is-usd-coin-usdc">
      What Is USD Coin (USDC)?
     </h2>
     <p>
      USD Coin (known by its ticker 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.
     </p>
     <p>
      The stablecoin originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.
     </p>
     <p>
      Several use cases have been unveiled for the USD Coin. 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.
     </p>
     <p>
      Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.
     </p>
     <h2 id="who-are-the-founders-of-usd-coin">
      Who Are the Founders of USD Coin?
     </h2>
     <hr/>
     <p>
      The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Other crypto ventures are open to join this consortium.
     </p>
     <p>
      Explaining the rationale behind USDC, Circle co-founders Jeremy Allaire and Sean Neville wrote: “We believe that an open internet of value exchange can transform and integrate the world more deeply, eventually eliminating artificial economic borders and enabling a more efficient and inclusive global marketplace that connects every person on the planet.”
     </p>
     <p>
      In 2020, Circle and Coinbase collectively announced a major upgrade to USDC’s protocol and smart contract. The goal of these enhancements is to make it easier for USD Coin to be used for everyday payments, commerce and peer-to-peer transactions.
     </p>
     <h3 id="what-makes-usd-coin-usdc-unique">
      What Makes USD Coin (USDC) Unique?
     </h3>
     <hr/>
     <p>
      The stablecoin market has become exceedingly crowded over recent years — but USD Coin has aimed to stand head and shoulders over competitors in several ways.
     </p>
     <p>
      One of them concerns transparency — and giving users the assurance that they will be able to withdraw 1 USDC and receive $1 in return without any issues. To this end, it says a major accounting firm is tasked with verifying the levels of cash that are held in reserve, and ensuring this matches up with the number of tokens in circulation.
     </p>
     <p>
      Unlike some crypto ventures, Circle and Coinbase have also achieved regulatory compliance — and this has helped pave the way for international expansion. Both projects are also well-funded, giving the stablecoin certainty.
     </p>
     <p>
      <a href="#">
       Coinbase
      </a>
      briefly contemplated
      <a href="#">
       diversifying the funds backing USDC
      </a>
      , but retracted that proposal after heavy community backlash. The transparency over the provenance of its funds has been a big reason for USDC's success. Unlike its rival
      <a href="#">
       USDT
      </a>
      , which has found itself embroiled in repeated
      <a href="#">
       investigations
      </a>
      , USDC has never been accused of any wrongdoing. That has led to USDC gobbling up much of USDT's dominance in the
      <a href="#">
       stablecoin
      </a>
      market: although USDT commanded a 74%:16% lead in market share in February 2021, this has shrunk to a 45%:30% lead in February 2022.
     </p>
     <p>
      <strong>
       Related Pages
      </strong>
      :
     </p>
     <p>
      <a href="#">
       What is a stablecoin?
      </a>
     </p>
     <p>
      <a href="#">
       Find out about USDT, one of USDC’s biggest competitors
      </a>
     </p>
     <p>
      <a href="#">
       Detailed definitions for stablecoins in the CoinMarketCap glossary
      </a>
     </p>
     <p>
      <a href="#">
       CoinMarketCap Blog: Insightful analysis and features
      </a>
     </p>
     <h3 id="how-many-usd-coins-usdc-are-there-in-circulation">
      How Many USD Coins (USDC) Are There in Circulation?
     </h3>
     <hr/>
     <p>
      It’s a bit difficult to give an exact number here — as in theory, the number of USDC that can exist is limitless. New coins are created in line with demand, whenever someone wants to purchase one with their humble dollar.
     </p>
     <p>
      That said, there have been factors that have helped USD Coin enjoy an explosion in popularity over the years — especially in 2020. One of them is the sudden, sharp rise in the popularity of decentralized finance. USDC is a common sight on many
      <a href="#">
       DeFi
      </a>
      protocols given how it serves as an onramp to the wider ecosystem.
     </p>
     <h3 id="how-is-the-usd-coin-network-secured">
      How Is the USD Coin Network Secured?
     </h3>
     <hr/>
     <p>
      All of the USDCs in circulation are actually ERC-20 tokens, which can be found on the Ethereum blockchain. One of the biggest advantages here is how it can then be integrated with Ethereum-based applications. As we mentioned earlier, security and confidence in this stablecoin is delivered by proving that U.S. dollars are being held safely in reserve.
     </p>
     <h3 id="where-can-you-buy-usd-coin-usdc">
      Where Can You Buy USD Coin (USDC)?
     </h3>
     <hr/>
     <p>
      As you might expect, one of the most enthusiastic exchanges that offers USDC is Coinbase, given how the exchange was involved in this stablecoin’s creation. USD Coin can also be purchased and traded on Poloniex, Binance, OKEx and Bitfinex, as well as decentralized exchanges such as Uniswap.
     </p>
     <p>
      USDC is commonly bought with Bitcoin — and if it’s your first time buying Bitcoin, be sure to check out our comprehensive guide
      <a href="#">
       here
      </a>
      .
     </p>
    </div>
   </div>
  </div>
  <div class="sc-101ku0o-2 exKUGw">
   <p>
    Our most recent articles about
    
    USD Coin
    
    :
   </p>
   <ul>
    <li>
     <a href="#">
      Investing in Stablecoins: The New-Age Inflation Hedge
     </a>
    </li>
    <li>
     <a href="#">
      Top Crypto Execs Willing to Cooperate With Legal Authorities for Better Consumer Protection
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    <li>
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      How Top 10 Crypto Rankings Have Changed over Past Year
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      Top Crypto Officials Willing to Cooperate With Legal Authorities for Better Consumer Protection
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     <a href="#">
      SEC Grabs Stablecoin Reins: Report
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  </div>
 </div>
</div>

Solana (SOL) is a cryptocurrency launched in 2020. Solana has a current supply of 511,616,946.142289 with 320,463,824.0205163 in circulation. The last known price of Solana is 99.01012712 USD and is up 0.30 over the last 24 hours. It is currently trading on 264 active market(s) with $3,100,130,606.66 traded over the last 24 hours. More information can be found at https://solana.com.

Solana

<h1 class="has-luminous-vivid-orange-color has-text-color">How Does Solana Work?</h1>
<ol class="has-normal-font-size" type="1">
<li>Input of transactions to the Leader</li>
<li>Leader will sequence the messages and orders them efficiently so that it can be processed by other nodes</li>
<li>The leader then executes the transactions on the current state that stores in the RAM&nbsp;</li>
<li>Leader will then publish the transactions and signature of the final state to Verifiers (replication nodes)</li>
<li>Verifiers will then execute the same transactions on their copies of the state and publish their signatures of the state if it receives confirmation</li>
<li>Published confirmations will then serve as votes for the consensus algorithm</li>
</ol>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><img class="wp-image-32363" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 4" src="https://news.coincu.com/wp-content/uploads/2021/11/Screenshot-2020-08-13-at-1.32.49-PM.png" sizes="(max-width: 626px) 100vw, 626px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/Screenshot-2020-08-13-at-1.32.49-PM.png 626w, https://news.coincu.com/wp-content/uploads/2021/11/Screenshot-2020-08-13-at-1.32.49-PM-300x203.png 300w" alt="how it work solana " width="626" height="423" loading="lazy" data-id="32363" data-pin-no-hover="true" /></figure>
</li>
</ul>
<p>&nbsp;</p>
</figure>
<h1 class="has-luminous-vivid-orange-color has-text-color">Economics and Supply</h1>
<h2><span id="Key_metrics" class="ez-toc-section"></span><strong>Key metrics</strong></h2>
<ul class="has-normal-font-size">
<li>Name:&nbsp;<strong>Solana</strong>.</li>
<li>Ticker:&nbsp;<strong>SOL</strong>.</li>
<li>Blockchain:&nbsp;<strong>Solana</strong>.</li>
<li>Consensus:&nbsp;<strong>Proof of Stake (PoS).</strong></li>
<li>Consensus Mechanism:&nbsp;<strong>Tower BFT.</strong></li>
<li>Token type:&nbsp;<strong>Utility Token.</strong></li>
<li>Subunits:&nbsp;<strong>Lamport (1 SOL = 2^34 Lamport).</strong></li>
<li>Block time:&nbsp;<strong>400ms.</strong></li>
<li>Avg. Transaction Time:&nbsp;<strong>50,000 &ndash; 65,000 TPS.</strong></li>
<li>Token Standard:&nbsp;<strong>SPL.</strong></li>
<li>Max Supply:&nbsp;<strong>1,000,000,000 SOL.</strong></li>
<li>Initial Total Supply:&nbsp;<strong>500,000,000 SOL.</strong></li>
<li>Current Total Supply:&nbsp;<strong>488,634,933 SOL.</strong></li>
<li>Circulating Supply:&nbsp;<strong>Updating&hellip;</strong></li>
</ul>
<h2><span id="SOL_Token_Allocation" class="ez-toc-section"></span><strong>SOL Token Allocation</strong></h2>
<p>Solana&rsquo;s total initial supply is 500 million SOL coins and is distributed in installments below:</p>
<ul class="has-normal-font-size">
<li>Seed Sale: 16.23%.</li>
<li>Founding Sale: 12.92%.</li>
<li>Validator Sale: 5.18%.</li>
<li>Strategic Sale: 1.88%.</li>
<li>Đấu gi&aacute; tr&ecirc;n CoinList: 1.64%.</li>
<li>Developers: 12.79%.</li>
<li>Solana Foundation: 10.46%.</li>
<li>Community Activities: 38.89%.</li>
</ul>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><a href="https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-1024x358.png"><img class="wp-image-32392" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 6" src="https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-1024x358.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-1024x358.png 1024w, https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-300x105.png 300w, https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-768x269.png 768w, https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-750x263.png 750w, https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1-1140x399.png 1140w, https://news.coincu.com/wp-content/uploads/2021/11/Untitled-1.png 1280w" alt="token allocation" width="1024" height="358" loading="lazy" data-id="32392" data-pin-no-hover="true" /></a></figure>
</li>
</ul>
</figure>
<h2><span id="SOL_token_release_schedule" class="ez-toc-section"></span><strong>SOL token release schedule</strong></h2>
<p>Solana&rsquo;s initial circulation of 16,350,633 SOL (3.27%) and 11,365,067 SOL (2.27%) were burned and removed from supply.</p>
<p>Thus, Solala will vesting 472,284,300 SOL (94.46%) in detail as follows:</p>
<ul class="has-normal-font-size">
<li><strong>Sale</strong>: 100% SOL vested on 07/01/2021.</li>
<li><strong>Team</strong>: On January 7, 2021, the team&rsquo;s SOL coin will start to be unlocked with the amount of 31,250,000 SOL, and the remaining &frac12; of the coin will be vesting gradually over 24 months.</li>
<li><strong>Community</strong>: Starting Vesting from May 1, 2020 with 8,000,000 SOL per month and ending on January 7, 2021.</li>
<li><strong>Foundation</strong>: Fully unlocked on January 7, 2021.</li>
</ul>
<p>Thus, on January 7, 2021, Solana&rsquo;s total unlocking volume (SOL) is 91.47% excluding inflationary rewards.</p>
<p><strong>Note</strong>:&nbsp;<em>All figures above are based on Initial Total Supply &ndash; 500 million SOL. SOL&rsquo;s Max Supply will reach 1 billion within 10 years.</em></p>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><a href="https://news.coincu.com/wp-content/uploads/2021/11/download-1.png"><img class="wp-image-32709" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 7" src="https://news.coincu.com/wp-content/uploads/2021/11/download-1.png" sizes="(max-width: 984px) 100vw, 984px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/download-1.png 984w, https://news.coincu.com/wp-content/uploads/2021/11/download-1-300x128.png 300w, https://news.coincu.com/wp-content/uploads/2021/11/download-1-768x328.png 768w, https://news.coincu.com/wp-content/uploads/2021/11/download-1-750x320.png 750w" alt="token release schedule" width="984" height="420" loading="lazy" data-id="32709" data-pin-no-hover="true" /></a></figure>
</li>
</ul>
</figure>
<h2><span id="Token_Governance_and_Use_of_Funds" class="ez-toc-section"></span><strong>Token Governance and Use of Funds</strong></h2>
<p>SOL Coin will have the typical uses of a blockchain platform such as:</p>
<ul class="has-normal-font-size">
<li><strong>Fees</strong>: SOL will be used to pay fees in Solana&rsquo;s blockchain network such as transactions fee, smart contract fee, etc.</li>
<li><strong>Reward</strong>: SOL coin is used as a reward for Stakers/Nodes to ensure the stable operation of the network.</li>
<li><strong>Governance</strong>: SOL coin will be used for future governance voting.</li>
</ul>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<figure></figure>
</figure>

<div>
 <div style="display:none">
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 <div>
  <div class="sc-2qtjgt-0 eApVPN">
   <div>
    <h2 id="what-is-solana-sol">
     What Is Solana (SOL)?
    </h2>
    <p>
     Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (
     <a href="#">
      DeFi
     </a>
     ) 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.
    </p>
    <p>
     To learn more about this project, check out our deep dive of
     <a href="#">
      Solana
     </a>
     .
    </p>
    <p>
     The Solana protocol is designed to facilitate decentralized app (
     <a href="#">
      DApp
     </a>
     ) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (
     <a href="#">
      PoS
     </a>
     ) consensus of the blockchain.
    </p>
    <p>
     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.
    </p>
    <h3 id="who-are-the-founders-of-solana">
     Who Are the Founders of Solana?
    </h3>
    <p>
     <a href="#" rel="noopener nofollow" target="_blank">
      Anatoly Yakovenko
     </a>
     is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox.
    </p>
    <p>
     In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague
     <a href="#" rel="noopener nofollow" target="_blank">
      Greg Fitzgerald
     </a>
     , and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020.
    </p>
    <h4 id="what-makes-solana-unique">
     What Makes Solana Unique?
    </h4>
    <p>
     One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability.
    </p>
    <p>
     Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well.
    </p>
    <p>
     The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing.
    </p>
    <p>
     Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 7 in the CoinCu
     <a href="#">
      ranking
     </a>
     as of September 2021.
    </p>
    <p>
     This came on the back of an impressive bull run, where Solana price gained over 700% since mid-July 2021. The launch of the Degenerate Ape NFT collection sent SOL price to an
     <a href="#">
      all-time high
     </a>
     (ATH) above $60, and it has been climbing since, largely due to higher developer activity on the Solana ecosystem, greater institutional interest, growing DeFi ecosystem, and the rise of the NFTs and gaming vertical on Solana. Solana price rose to an ATH of $216 on Sept. 9, 2021.
    </p>
    <h4 id="related-pages">
     Related Pages:
    </h4>
    <p>
     Read more about
     <a href="#">
      Steem
     </a>
     .
    </p>
    <p>
     Check out
     <a href="#">
      Marlin
     </a>
     .
    </p>
    <p>
     Learn more about
     <a href="#">
      Decentralized Finance (DeFi)
     </a>
     .
    </p>
    <p>
     Curious about the crypto space? Read our educational section —
     <a href="#">
      Alexandria
     </a>
     .
    </p>
    <p>
     Want to keep track of Solana prices live? Download the
     <a href="#">
      CoinCu mobile app
     </a>
     !
    </p>
    <p>
     Want to convert Solana price today to your desired fiat currency? Check out
     <a href="#">
      CoinCu exchange rate calculator
     </a>
     .
    </p>
    <h4 id="how-many-solana-sol-coins-are-there-in-circulation">
     How Many Solana (SOL) Coins Are There in Circulation?
    </h4>
    <p>
     The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 260 million of these have already entered the market.
    </p>
    <p>
     The SOL token distribution is as follows: 16.23% went towards an initial seed sale, 12.92% of tokens were dedicated to a founding sale, 12.79% of SOL coins were distributed among team members and 10.46% of tokens were given to the Solana Foundation. The remaining tokens were already released for public and private sales or are still to be released to the market.
    </p>
    <p>
     Solana price during the initial seed sale, held on April 5, 2018, was $0.04. Given the recent ATH, that represents an impressive 5400X
     <a href="#">
      return on investment
     </a>
     (ROI).
    </p>
    <h3 id="how-is-the-solana-network-secured">
     How Is the Solana Network Secured?
    </h3>
    <p>
     Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (
     <a href="#">
      PoS
     </a>
     ) consensus mechanisms.
    </p>
    <p>
     Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain.
    </p>
    <p>
     The proof-of-stake (PoS) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it.
    </p>
    <p>
     The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry.
    </p>
    <h3 id="where-can-you-buy-solana-sol">
     Where Can You Buy Solana (SOL)?
    </h3>
    <p>
     SOL tokens can be purchased on most exchanges. One choice to trade Solana is on
     <a href="#">
      Binance
     </a>
     , as it has the highest SOL/USDT trading volume, $753,103,225 as of September 2021.
    </p>
    <p>
     Next is
     <a href="#">
      Coinbase
     </a>
     , with a trading volume of $343,872,841. Other options to trade Solana include
     <a href="#">
      FTX
     </a>
     ,
     <a href="#">
      Bilaxy
     </a>
     and
     <a href="#">
      Huobi Globa
     </a>
     l. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity.
    </p>
    <p>
     To check Solana price live in the fiat currency of your choice, you can use CoinCu’s converter feature directly on the
     <a href="#">
      Solana currency page
     </a>
     , or the dedicated exchange rate
     <a href="#">
      converter page
     </a>
     . Popular Solana price pairs include:
     <a href="#">
      SOL/USD
     </a>
     ,
     <a href="#">
      SOL/GBP
     </a>
     ,
     <a href="#">
      SOL/AUD
     </a>
     ,
$2 and
     <a href="#">
      SOL/EUR
     </a>
     .
    </p>
   </div>
  </div>
 </div>
 <div class="sc-101ku0o-2 exKUGw">
  <p>
   Our most recen

<p>Solana, a blockchain network that launched in 2020, has seen a rapid increase in interest from both cryptocurrency enthusiasts and developers who are using it to build decentralized applications for industries such as finance, computer science, and even art.</p>
<p>But what is Solana, and how has it emerged so quickly as a major player in the crypto space? Here are some things to know about Solana and some ideas to consider before making a potentially risky cryptocurrency investment.</p>
<h1 class="has-luminous-vivid-orange-color has-text-color">What is Solana?</h1>
<p>Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks.&nbsp;<strong>Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions</strong>. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages.</p>
<p>This allows Solana to process&nbsp;<strong>50-65 000 transactions per second</strong>&nbsp;with a theoretical limit of over 700 00 transactions per second (compared to Bitcoin&rsquo;s 7 TPS and Ethereum&rsquo;s 15 TPS). In contrast to other similar projects such as Polkadot and Ethereum 2.0 (once it is released), Solana is a single blockchain (layer 1) and does not delegate operations to other attached chains (layer 2).</p>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><img class="wp-image-32362" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 3" src="https://news.coincu.com/wp-content/uploads/2021/11/ParachainsPolkadot.png.webp" sizes="(max-width: 900px) 100vw, 900px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/ParachainsPolkadot.png.webp 900w, https://news.coincu.com/wp-content/uploads/2021/11/ParachainsPolkadot.png-300x169.webp 300w, https://news.coincu.com/wp-content/uploads/2021/11/ParachainsPolkadot.png-768x432.webp 768w, https://news.coincu.com/wp-content/uploads/2021/11/ParachainsPolkadot.png-750x422.webp 750w" alt="Solana polkadot " width="900" height="506" loading="lazy" data-id="32362" data-pin-no-hover="true" /></figure>
</li>
</ul>
</figure>
<h1 class="has-luminous-vivid-orange-color has-text-color"><span id="Outstanding_Features" class="ez-toc-section"></span>Outstanding Features</h1>
<p>To get high scalability, besides Proof of Stake, Solana had to combine the following eight functions:</p>
<h2><span id="Proof_of_History_PoH_A_clock_before_consensus" class="ez-toc-section"></span><strong>Proof of History (PoH): A clock before consensus</strong></h2>
<p>Solana&rsquo;s PoH consensus algorithm helps to create more efficiency and a higher throughput rate within the Solana network. So by having historical records of events or transactions, it allows the system to more easily track transactions and keep track of the ordering of the events.</p>
<h2><span id="Tower_BFT_PoH-optimized_version_of_PBFT_Practical_Byzantine_Fault_Toleration" class="ez-toc-section"></span><strong>Tower BFT: PoH-optimized version of PBFT (Practical Byzantine Fault Toleration)</strong></h2>
<p>Tower BFT is a PBFT-like consensus algorithm that is made to take advantage of the synchronized clock. The Tower BFT uses the PoH as its cryptographic clock which allows consensus to be reached without having to incur massive messaging overhead and transaction latency.</p>
<h2><span id="Turbine_A_block_propagation_protocol" class="ez-toc-section"></span><strong>Turbine: A block propagation protocol</strong></h2>
<p>The Turbine protocol makes it easier to transmit data to the blockchain nodes. Turbine is able to do this by breaking the data into smaller packets. This allows Solana to address issues of bandwidth and also increase its overall capacity to settle transactions faster.</p>
<h2><span id="Gulf_Stream_Mempool-less_transaction_forwarding_protocol" class="ez-toc-section"></span><strong>Gulf Stream: Mempool-less transaction forwarding protocol</strong></h2>
<p>The Gulf Stream protocol plays an important role in pushing transaction caching and forwarding it to the edge of the network. This allows the validators to execute the transactions ahead of time, reducing confirmation time, faster leader switching and reducing memory pressure on validators from unconfirmed transaction pools. So this protocol is what allows Solana to support 50k TPS.</p>
<h2><span id="Sealevel_Parallel_smart_contracts_run-time" class="ez-toc-section"></span><strong>Sealevel: Parallel smart contracts run-time</strong></h2>
<p>Sealevel is a hyper-parallelized transaction processing engine that is used to scale horizontally across GPUs and SSDs. With this system in place, it allows Solana to obtain a more efficient runtime and also allows transactions to run concurrently on the same state blockchains.&nbsp;</p>
<h2><span id="Pipeline_A_Transaction_Processing_Unit_for_validation_optimization" class="ez-toc-section"></span><strong>Pipeline: A Transaction Processing Unit for validation optimization</strong></h2>
<p>Pipelining is a process where a stream of input data assigns to different hardware responsible for it. So this mechanism allows transaction information to be quickly validated and replicated across all the nodes in the network.</p>
<h2><span id="Cloudbreak_Horizontally-Scaled_Accounts_Database" class="ez-toc-section"></span><strong>Cloudbreak: Horizontally-Scaled Accounts Database</strong></h2>
<p>To achieve the necessary scalability on the Solana network, it requires the use of Cloudbreak. Cloudbreak is a data structure that is optimal for concurrent reads and writes across the network.</p>
<h2><span id="Archivers_Distributed_ledger_storage" class="ez-toc-section"></span><strong>Archivers: Distributed ledger storage</strong></h2>
<p>We use Archivers for data storage. Data on Solana offloads from validators to a network of nodes known as Archivers. These nodes can be lightweight (ex: laptops) and they will be subject to a check, every so often, to ensure they are storing the right data.</p>
<p>Read More: <a href="https://coincu.com/currencies/sol-solana/stories/">Click Here&nbsp;</a></p>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<p>&nbsp;</p>
</figure>

<h1 class="has-luminous-vivid-orange-color has-text-color">Backers</h1>
<h2><span id="Team" class="ez-toc-section"></span><strong>Team</strong></h2>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><a href="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-1024x569.png"><img class="wp-image-32462" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 9" src="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-1024x569.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-1024x569.png 1024w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-300x167.png 300w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-768x427.png 768w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-750x417.png 750w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02-1140x634.png 1140w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-17-luc-01.24.02.png 1482w" alt="Anh chup Man hinh 2021 05 17 luc 01.24.02" width="1024" height="569" loading="lazy" data-id="32462" data-pin-no-hover="true" /></a></figure>
</li>
</ul>
</figure>
<p>Solana is built by an all-star, experienced team from big companies like Google, Apple, Intel, Twitter, Dropbox, Microsoft&hellip;etc.</p>
<p>Solana development team are all individuals with skills and experience in the field of technology and security:</p>
<ul class="has-normal-font-size">
<li><strong>Anatoly Yakovenko (CEO):</strong>&nbsp;Former software engineer at Dropbox and Mesosphere, Senior Engineer Director at Qualcomm Boulder, co-founder of Alescere.</li>
<li><strong>Greg Fitzgerald (CTO)</strong>: Former Senior Software Engineer at Qualcomm Boulder, Systems Software Engineer at Alescere.</li>
<li><strong>Raj Gokal (COO):</strong>&nbsp;Venture capitalist at General Catalyst, Former Chief Product Officer at Odama Health, Entrepreneur in residence at Rock Health, CEO and co-founder of Sano.</li>
<li><strong>Eric Williams (Chief Scientist):</strong>&nbsp;Former Chief Data Officer and Co-Founder at Motion, VP of Data Science &amp; Analytics at Odama Health, Rearcher at CERN.</li>
</ul>
<p>Along with the above prominent names are some members from other countries such as&nbsp;Stephen Akridge, Michael Vines, Tyera Eulberg, Carl Lin, etc.</p>
<h2><span id="Advisors" class="ez-toc-section"></span><strong>Advisors</strong></h2>
<p>Solana is invested by large VC funds such as Multicoin Capital, Slow Ventures, Foundation Capital&hellip;</p>
<p>Besides, the development in the ecosystem is getting a lot of attention,&nbsp;<strong>especially when it was announced that Solana Labs, Solana&rsquo;s investment arms had just called for $314 million</strong>. With this money, Solana Labs can accelerate the development of projects in the ecosystem.</p>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><a href="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-1024x337.png"><img class="wp-image-32463" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 10" src="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-1024x337.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-1024x337.png 1024w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-300x99.png 300w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-768x253.png 768w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-750x247.png 750w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37-1140x375.png 1140w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.53.37.png 1464w" alt="advisors" width="1024" height="337" loading="lazy" data-id="32463" data-pin-no-hover="true" /></a></figure>
</li>
</ul>
</figure>
<figure class="wp-block-gallery aligncenter columns-1 is-cropped">
<ul class="blocks-gallery-grid">
<li class="blocks-gallery-item">
<figure><a href="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-1024x666.png"><img class="wp-image-32464" title="Crypto for Beginners 101: Want to Buy Solana? What to Know Before You Decide 11" src="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-1024x666.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-1024x666.png 1024w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-300x195.png 300w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-768x499.png 768w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-1536x999.png 1536w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-750x488.png 750w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48-1140x741.png 1140w, https://news.coincu.com/wp-content/uploads/2021/11/Anh-chup-Man-hinh-2021-05-27-luc-14.36.48.png 1596w" alt="token release schedule" width="1024" height="666" loading="lazy" data-id="32464" data-pin-no-hover="true" /></a></figure>
</li>
</ul>
</figure>

Team and Backers 

<p>Solana solves the many traditional issues that earlier blockchain technology experienced. Solana displays a new structure for verifying transactions and a more efficient consensus algorithm. The platform will definitely be a strong competitor with Bitcoin and Ethereum. Solana displays the fast advancements in the crypto industry in just mere 10 years. The platform will definitely be something to look out for as it continues to develop!</p>
<p><strong>Find more information about Solana:</strong></p>
<p><strong>Website</strong>:&nbsp;<a href="https://polygon.technology/" target="_blank" rel="noreferrer noopener">https://solana.com/</a></p>
<p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/0xPolygon" target="_blank" rel="noreferrer noopener">https://twitter.com/solana</a></p>
<p><strong>Github:</strong>&nbsp;<a href="https://github.com/solana-labs/" target="_blank" rel="noopener">https://github.com/solana-labs/</a></p>
<p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/solana" target="_blank" rel="noopener">https://t.me/solana</a></p>
<p><strong>Discord:</strong>&nbsp;<a href="https://discord.com/invite/polygon" target="_blank" rel="noreferrer noopener">https://discord.com/invite/pquxPsq</a></p>
<p><strong>Youtube:</strong>&nbsp;<a href="https://www.youtube.com/PolygonTV" target="_blank" rel="noreferrer noopener">https://www.youtube.com/channel/UC9AdQPUe4BdVJ8M9X7wxHUA</a></p>
<p>If you have any questions, comments, suggestions, or ideas about the project, please email&nbsp;<a href="mailto:ventures@coincu.com." target="_blank" rel="noreferrer noopener">ventures@coincu.com.</a></p>

FTX Token (FTT) is a cryptocurrency launched in 2019and operates on the BNB Beacon Chain (BEP2) platform. FTX Token has a current supply of 333,564,712.6859715 with 137,695,376.61874375 in circulation. The last known price of FTX Token is 46.02729448 USD and is down -0.86 over the last 24 hours. It is currently trading on 114 active market(s) with $172,696,586.12 traded over the last 24 hours. More information can be found at https://ftx.com/.

FTX Token

<div>
 <p>
 </p>
 <h2 id="who-are-the-founders-of-ftx-token">
  Who Are the Founders of FTX Token?
 </h2>
 <p>
  The FTX Token or FTT was founded by Sam Bankman-Fried and Gary Wang.
 </p>
 <p>
  Sam Bankman-Fried is the co-founder and chief executive officer at FTX: Cryptocurrency Derivatives Exchange. He is also the CEO of Almeda Research and worked as a director of development at the Centre for Effective Altruism. He was also a trader at Jane Street Capital from 2014 to 2017.
 </p>
 <p>
  Bankman-Fried studied physics and has a bachelor’s degree from the Massachusetts Institute of Technology.
 </p>
 <p>
  Gary Wang is the co-founder and chief technology officer at FTX: Cryptocurrency Derivatives Exchange. He is also the chief technology officer at Almeda Research. Before this, he worked as a software engineer, after moving up from a software engineering intern at Google. He was also a software engineer intern at Facebook.
 </p>
 <p>
  He has a Bachelor's degree in mathematics and computer science from the Massachusetts Institute of Technology.
 </p>
 <h2 id="what-makes-ftx-token-unique">
  What Makes FTX Token Unique?
 </h2>
 <p>
  FTX is backed by Almeda Research, which is known as one of the leading companies in crypto trading and one of the largest liquidity providers.
 </p>
 <p>
  As such, FTX is a product designed by professionals with confirmed expertise in the industry. They cover multiple services: from collateral to maintenance margin to liquidation processes and product listing. FTX also claims to be focused on fast development cycles, allowing them to deploy crypto trading systems at a competitive pace.
 </p>
 <h4 id="related-pages">
  Related Pages:
 </h4>
 <p>
  Learn more about
  <a href="#">
   TomoChain
  </a>
  .
 </p>
 <p>
  Learn more about
  <a href="#">
   Aave
  </a>
  .
 </p>
 <p>
  Learn more about
  <a href="#">
   mining Monero
  </a>
  .
 </p>
 <p>
  Discover a lot more crypto news on our
  <a href="#">
   CoinCu blog
  </a>
  .
 </p>
 <h2 id="how-many-ftx-token-ftt-coins-are-there-in-circulation">
  How Many FTX Token (FTT) Coins Are There in Circulation?
 </h2>
 <p>
  FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading with a focus on institutional-grade solutions.
 </p>
 <p>
  The FTX Token is the backbone of the FTX ecosystem, which was designed to increase network effects and demand for FTT as well as decrease its circulating supply.
 </p>
 <p>
  FTT has a circulating supply of around 94 million tokens as of February 2021 and a total supply of about 345 million.
 </p>
 <h2 id="how-is-the-ftx-token-network-secured">
  How Is the FTX Token Network Secured?
 </h2>
 <p>
  FTT is an ERC-20-compatible exchange token. The Ledger Nano X/S hardware wallet allows users to securely store and manage the FTT tokens via its Ethereum app.
 </p>
 <p>
  Both the FTT and the leveraged tokens security audits are done by the Blockchain Consilium auditing firm.
 </p>
 <h2 id="where-can-you-buy-ftx-token-ftt">
  Where Can You Buy FTX Token (FTT)?
 </h2>
 <p>
  FTX Token or FTT can be purchased, sold and traded on several exchanges, including:
 </p>
 <p>
  <a href="#">
   Binance JEX
  </a>
 </p>
 <p>
  <a href="#">
   HitBTC
  </a>
 </p>
 <p>
  <a href="#">
   FTX
  </a>
 </p>
 <p>
  <a href="#">
   Huobi Global
  </a>
 </p>
 <p>
  <a href="#">
   Binance
  </a>
 </p>
 <p>
  If this is your first time purchasing, trading, or selling Bitcoin, you can
  <a href="#">
   learn more about the process here
  </a>
  .
 </p>
</div>
<div class="sc-101ku0o-2 exKUGw">
 <p>
  Our most recent articles about
  
  FTX Token
  
  :
 </p>
 <ul>
  <li>
   <a href="#">
    What Is FTX Token (FTT)? Features, Tokenomics and Price Prediction
   </a>
  </li>
 </ul>
</div>

<h2><strong>Token Metrics</strong></h2>
<ul>
<li>Token Name:&nbsp;<strong>FTX Token</strong></li>
<li>Ticker:&nbsp;<strong>FTT</strong></li>
<li>Contract:&nbsp;<strong>0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9</strong></li>
<li>Decimal:&nbsp;<strong>18</strong></li>
<li>Blockchain:&nbsp;<strong>Ethereum</strong></li>
<li>Token Standard:&nbsp;<strong>ERC-20</strong></li>
<li>Token Type:&nbsp;<strong>Utility Token, Exchange Token.</strong></li>
<li>Total Supply:&nbsp;<strong>332,767,892 FTT</strong></li>
</ul>
<h2><span id="Token_Allocation" class="ez-toc-section"></span><strong>Token Allocation</strong></h2>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped">
<figure class="wp-block-image size-large"><img class="wp-image-84295" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 2" src="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-1024x582.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-1024x582.png 1024w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-300x171.png 300w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-768x436.png 768w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-750x426.png 750w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1-1140x648.png 1140w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-allocation-1.png 1434w" alt="Token Allocation" width="1024" height="582" loading="lazy" data-id="84295" data-pin-no-hover="true" />
<figcaption></figcaption>
</figure>
</figure>
<h2><span id="Token_Sale" class="ez-toc-section"></span><strong>Token Sale</strong></h2>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped">
<figure class="wp-block-image size-large"><img class="wp-image-84294" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 3" src="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-1024x343.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-1024x343.png 1024w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-300x101.png 300w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-768x258.png 768w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-1536x515.png 1536w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-750x251.png 750w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng-1140x382.png 1140w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-salepng.png 1843w" alt="Token sale" width="1024" height="343" loading="lazy" data-id="84294" data-pin-no-hover="true" />
<figcaption></figcaption>
</figure>
</figure>
<h2><span id="Token_Release_Schedule" class="ez-toc-section"></span><strong>Token Release Schedule</strong></h2>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped">
<figure class="wp-block-image size-large"><img class="wp-image-84293" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 4" src="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-1024x550.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-1024x550.png 1024w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-300x161.png 300w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-768x413.png 768w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-1536x825.png 1536w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-750x403.png 750w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng-1140x613.png 1140w, https://news.coincu.com/wp-content/uploads/2022/04/ftx-token-ftt-release-schedulepng.png 1578w" alt="Token release schedule" width="1024" height="550" loading="lazy" data-id="84293" data-pin-no-hover="true" />
<figcaption></figcaption>
</figure>
</figure>
<h2><span id="Token_Use_Case" class="ez-toc-section"></span><strong>Token Use Case</strong></h2>
<ul>
<li><strong>Trading Fees:&nbsp;</strong>FTX futures trading fees are less and OTC spreads are tighter as compared to other crypto exchanges.</li>
</ul>
<ul>
<li><strong>White Label Solutions:</strong>&nbsp;A white label variant of the FTX OTC site and futures market has piqued the curiosity of crypto institutions and large investors for which the purchase will be offered in FTT token.</li>
<li><strong>FTT as Collateral:</strong>&nbsp;To increase the demand for FTT in the long run, it can be used as collateral in futures trading.</li>
<li><strong>FTT Token Value:&nbsp;</strong>The value of the FTT token is directly proportional to the future expansion and upgrades of the FTX platform. Holders of the FTT token can expect a rise in their holdings as the price of FTT increases.</li>
<li><strong>Create Leveraged Token Listing:</strong>&nbsp;Upcoming projects can pay a fee and generate leveraged tokens with their coin.</li>
<li><strong>Token Burn/Revenue Share:</strong>&nbsp;The FTT that is bought from FTX will have a transaction fee, one-third of which will be utilized to repurchase FTT tokens and later become a part of the burning process.</li>
</ul>
<figure class="wp-block-image size-large"><img class="wp-image-84227" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 5" src="https://news.coincu.com/wp-content/uploads/2022/04/image-392-1024x613.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2022/04/image-392-1024x613.png 1024w, https://news.coincu.com/wp-content/uploads/2022/04/image-392-300x180.png 300w, https://news.coincu.com/wp-content/uploads/2022/04/image-392-768x460.png 768w, https://news.coincu.com/wp-content/uploads/2022/04/image-392-750x449.png 750w, https://news.coincu.com/wp-content/uploads/2022/04/image-392-1140x682.png 1140w, https://news.coincu.com/wp-content/uploads/2022/04/image-392.png 1420w" alt="Token Burn/Revenue Share" width="1024" height="613" loading="lazy" data-pin-no-hover="true" />
<figcaption></figcaption>
</figure>
<ul>
<li><strong>Extra Gains For FTT Holders:</strong>&nbsp;When big market fluctuations will occur in the crypto market, FTT holders will profit from the FTX backup liquidity fund.</li>
<li><strong>Staking FTT:&nbsp;</strong>Receiving IEO tickets; Free fee transferring ERC-20 Token; Higher Referral Rate; e.t.c</li>
</ul>

<h2><strong>Investors</strong></h2>
<p>The most notable backer is, of course,&nbsp;<strong>Alameda Research</strong>.</p>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped">
<figure class="wp-block-image size-large"><img class="wp-image-86417" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 6" src="https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-1024x576.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-1024x576.png 1024w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-300x169.png 300w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-768x432.png 768w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-1536x864.png 1536w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-2048x1152.png 2048w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-750x422.png 750w, https://news.coincu.com/wp-content/uploads/2022/05/FTX-Investors-1140x641.png 1140w" alt="FTX Investors" width="1024" height="576" loading="lazy" data-id="86417" data-pin-no-hover="true" />
<figcaption>What is FTX Token ($FTT)? TOP 1 potential exchange token? 8</figcaption>
</figure>
</figure>
<h2><span id="Team" class="ez-toc-section"></span><strong>Team</strong></h2>
<p>FTX is led by&nbsp;<a href="https://www.crunchbase.com/person/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a>, the most influential KOL in cryptocurrency and he is one of the richest people in this market.</p>
<figure class="wp-block-image size-full"><img class="wp-image-84437" title="What is FTX Token ($FTT)? TOP 1 potential exchange token? 7" src="https://news.coincu.com/wp-content/uploads/2022/04/image-400.png" sizes="(max-width: 823px) 100vw, 823px" srcset="https://news.coincu.com/wp-content/uploads/2022/04/image-400.png 823w, https://news.coincu.com/wp-content/uploads/2022/04/image-400-300x192.png 300w, https://news.coincu.com/wp-content/uploads/2022/04/image-400-768x492.png 768w, https://news.coincu.com/wp-content/uploads/2022/04/image-400-750x480.png 750w" alt="image 400" width="823" height="527" loading="lazy" data-pin-no-hover="true" /></figure>

Team and Backers

<h1 class="has-luminous-vivid-orange-color has-text-color">Verdict</h1>
<p>So far&nbsp;<strong>FTX</strong>&nbsp;has been offered exclusive partnerships and acquisition interest from various crypto&nbsp;<strong>institutions</strong>. They have turned down these&nbsp;<strong>opportunities</strong>&nbsp;because they strongly believe in our ability to make FTX a success.</p>
<p><strong>Find more information about</strong>&nbsp;<strong>FTT</strong>:</p>
<p><strong>Website:</strong>&nbsp;<a href="https://ftx.com/" target="_blank" rel="noreferrer noopener">https://ftx.com/</a></p>
<p><strong>Whitepaper:</strong>&nbsp;<a href="https://docs.google.com/document/d/1u5MOkENoWP8PGcjuoKqRkNP5Gl1LLRB9JvAHwffQ7ec/view" target="_blank" rel="noreferrer noopener">https://docs.google.com/document/d/1u5MOkENoWP8PGcjuoKqRkNP5Gl1LLRB9JvAHwffQ7ec/view</a></p>
<p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/droppgg" target="_blank" rel="noreferrer noopener">https://twitter.com/FTX_Official</a></p>
<p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/FTX_Official" target="_blank" rel="noreferrer noopener" data-type="URL">https://t.me/FTX_Official</a></p>
<p>If you have any questions, comments, suggestions, or ideas about the project, please email&nbsp;<a href="mailto:ventures@coincu.com">ventures@coincu.com</a>.</p>
<p><strong>DISCLAIMER</strong>: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do</p>

<p><strong>FTT</strong>&nbsp;(FTX Token) is a token that serves as the backbone of the&nbsp;<strong>FTX ecosystem</strong>. The token is intricately&nbsp;<strong>designed</strong>&nbsp;to increase network effects and demands for the token, while also helping to decrease its circulating supply.&nbsp;FTT is a&nbsp;<strong>Utility</strong>&nbsp;Token, also a&nbsp;<strong>Native</strong>&nbsp;Token used in FTX Exchange, it has two versions in ERC-20 (Ethereum) and SPL (Solana).</p>
<p>&nbsp;</p>
<h1 class="has-luminous-vivid-orange-color has-text-color"><span id="What_is_FTX_Token_FTT" class="ez-toc-section"></span>What is FTX Token (FTT)?</h1>
<p><a href="https://coinmarketcap.com/currencies/ftx-token/" target="_blank" rel="noreferrer noopener">FTX Token (FTT)</a>&nbsp;is the exchange token of the&nbsp;<a href="https://coinmarketcap.com/exchanges/ftx/" target="_blank" rel="noreferrer noopener"><strong>FTX</strong></a><strong>&nbsp;ecosystem</strong>&nbsp;and will serve as collateral for futures positions, getting discounts on trading fees, receiving OTC rebates, and more. The FTX trading platform provides leveraged tokens, OTC, and futures trading, and plans to become the&nbsp;<strong>top crypto&nbsp;derivatives&nbsp;exchange in the&nbsp;<a href="https://news.coincu.com/780-what-is-blockchain-video-guide/" target="_blank" rel="noreferrer noopener">blockchain</a>&nbsp;world</strong>. FTT&nbsp;is the utility token for the big international crypto derivatives exchange, FTX, which has attracted a lot of attention recently. FTX customers can use the token to reduce fees and earn interest. But if you&rsquo;re not an FTX customer, does it make sense to buy the coin? Here are some things to bear in mind.</p>
<h1 class="has-luminous-vivid-orange-color has-text-color"><span id="Outstanding_Features" class="ez-toc-section"></span>Outstanding Features</h1>
<h2><span id="What_is_the_project_trying_to_achieve" class="ez-toc-section"></span><strong>What is the project trying to achieve?</strong></h2>
<p><strong>FTX</strong>&nbsp;is a&nbsp;<strong>cryptocurrency derivatives exchange</strong>&nbsp;that offers futures, leveraged tokens, and OTC trading. Currently, futures exchanges have many crippling flaws holding the space back. Our mission is to solve these problems and move the derivatives space toward becoming institutional grade. We launched FTX in April and already have among the world&rsquo;s most liquid order books.<br />FTX futures have traded more than&nbsp;<strong>$100m</strong>&nbsp;per day recently, and FTX OTC has traded another&nbsp;<strong>$30m</strong>. Our goal is to become as profitable as Bitmex and OKEx within a year. This is not an easy feat, but we&rsquo;ve received overwhelming support from top industry players who have reaffirmed the demand for a well-designed derivatives exchange. We want to scale up as quickly as possible and build a community of strong supporters, so we are conducting a token raise for people who want to help grow FTX.&nbsp;</p>
<h2><span id="What_is_the_unique_selling_point" class="ez-toc-section"></span><strong>What is the unique selling point?</strong></h2>
<p><strong>FTX</strong>&nbsp;was built with a lot of features to differentiate us from our competitors, but its greatest strength lies in the team behind it. We are confident that FTX has massive potential to&nbsp;<strong>rise to the top</strong>&nbsp;because we have proven time and time again our ability to enter a crowded market, disrupt the status quo and become one of the&nbsp;<strong>dominant players</strong>. We have consistently demonstrated our ability to innovate, execute and grow rapidly.<br />These qualities have served us well in helping us stay one step ahead of the competition. There is enormous untapped potential in the&nbsp;<strong>derivatives market</strong>, and we are excited to repeat our success with FTX. We&rsquo;d be ecstatic for investors and supporters to join us on this journey.</p>
<p><strong>FTX</strong>&nbsp;is&nbsp;<strong>backed</strong>&nbsp;by&nbsp;<strong>Alameda Research</strong>, a ~$100million AUM quantitative cryptocurrency trading firm. Within a year, Alameda Research became the largest liquidity provider and market maker in the space. Alameda trades $600 million to 1 billion a day, accounts for roughly 5% of global volume and is ranked 2nd on&nbsp;<a href="https://bitmex.com/app/leaderboard" target="_blank" rel="noopener">the BitMEX leaderboard</a>.</p>
<p><strong>One-third</strong>&nbsp;of all fees generated on FTX will be used for an FTT&nbsp;<strong>repurchase</strong>&nbsp;until at least half of all FTT is&nbsp;<strong>burned</strong>.&nbsp; Any FTT bought this way will be burned.</p>
<p><strong>FTT</strong>&nbsp;can be used as&nbsp;<strong>collateral</strong>&nbsp;for future Customers who hold a certain amount of FTT for a period of time and will receive&nbsp;<strong>lower</strong>&nbsp;FTX futures fees. This will further increase demand for FTT. For more information please click&nbsp;<a href="https://help.ftx.com/hc/en-us/articles/360024479432-Fees" target="_blank" rel="noopener">here</a>. positions. This increases utility and demand for FTT. The same applies when we launch margin trading in the future.</p>
<p>Read More: <a href="https://coincu.com/currencies/ftt-ftx-token/stories/">Click Here</a></p>

PAX Gold (PAXG) is a cryptocurrency and operates on the Ethereum platform. PAX Gold has a current supply of 277,593.007. The last known price of PAX Gold is 1,926.58369198 USD and is up 1.57 over the last 24 hours. It is currently trading on 51 active market(s) with $70,591,464.89 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.

PAX Gold

<h1>Community</h1>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1656644056406.image" /></p>
<h1>Backers</h1>
<h2><strong>Team</strong></h2>
<h3 id="who-are-the-founders-of-pax-gold">Who Are the Founders of Pax Gold?</h3>
<p><a href="https://www.linkedin.com/in/charlescascarilla/" target="_blank" rel="noopener nofollow">Charles Cascarilla</a>&nbsp;is the founder and chief executive officer of both Paxos Standard and Pax Gold. Cascarilla has an extensive career in capital management, which is what led him to explore the vast possibilities cryptocurrencies offer.</p>
<p>After acquiring a degree in finance from the University of Notre Dame, he co-founded Cedar Hill Capital Partners in 2005. This was the start of his career in finance and capital management. Since 2005, Mr. Cascarilla has participated in several traditional and blockchain-based venture capital projects</p>
<p>&nbsp;</p>

Community And Backers

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     <h2 id="what-is-pax-gold-paxg">
      What Is Pax Gold (PAXG)?
     </h2>
     <p>
      Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an
      <a href="#">
       ERC-20
      </a>
      token operating on the Ethereum
      <a href="#">
       blockchain
      </a>
      , Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
     </p>
     <p>
      The main goal behind Pax Gold is to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why
      <a href="#">
       Paxos Standard
      </a>
      decided to create a cryptocurrency entirely backed by gold. According to the
      <a href="#" rel="noopener nofollow" target="_blank">
       official whitepaper
      </a>
      , Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.
     </p>
     <h3 id="who-are-the-founders-of-pax-gold">
      Who Are the Founders of Pax Gold?
     </h3>
     <p>
      <a href="#" rel="noopener nofollow" target="_blank">
       Charles Cascarilla
      </a>
      is the founder and chief executive officer of both Paxos Standard and Pax Gold. Cascarilla has an extensive career in capital management, which is what led him to explore the vast possibilities cryptocurrencies offer.
     </p>
     <p>
      After acquiring a degree in finance from the University of Notre Dame, he co-founded Cedar Hill Capital Partners in 2005. This was the start of his career in finance and capital management. Since 2005, Mr. Cascarilla has participated in several traditional and blockchain-based venture capital projects.
     </p>
     <h4 id="what-makes-pax-gold-unique">
      What Makes Pax Gold Unique?
     </h4>
     <p>
      With a growing number of ERC-20 tokens available for purchase, Pax Gold stands out because it is backed by an already established commodity. One of the main goals for Pax Gold is to make investing in gold more accessible.
     </p>
     <p>
      The official whitepaper states that “more than USD 3.5 trillion of the total gold available today is used solely for investment purposes;” however, a large portion of it is unavailable to small-time investors. This is where Pax Gold comes into play. Each PAXG token is backed by a fraction of a piece of
      <a href="#" rel="noopener nofollow" target="_blank">
       London Good Delivery
      </a>
      gold bar, stored in Brink’s gold vaults, which is the approved storage company by the London Bullion Market Association.
     </p>
     <p>
      Through combining the security and liquidity offered by blockchain-based cryptocurrency, and the established name of gold as a physical commodity, Pax Gold brings a new investment opportunity to traders. PAXG has inspired other cryptocurrency developers to create gold-backed tokens as well.
     </p>
     <h4 id="related-pages">
      Related Pages:
     </h4>
     <p>
      Read more about
      <a href="#">
       Perth Mint Gold Token
      </a>
      .
     </p>
     <p>
      Find out more about
      <a href="#">
       Tether Gold
      </a>
      .
     </p>
     <p>
      Learn more about
      <a href="#">
       gold-backed cryptocurrencies
      </a>
      .
     </p>
     <p>
      Have a look at the
      <a href="#">
       CoinMarketCap blog
      </a>
      .
     </p>
     <h4 id="how-many-pax-gold-paxg-coins-are-there-in-circulation">
      How Many Pax Gold (PAXG) Coins Are There in Circulation?
     </h4>
     <p>
      Pax Gold tokens have a one to one ratio with the gold storage backing it. This means that there is a PAXG coin for each ounce of gold in rotation covered by the Pax Gold protocol. In this sense, the amount of PAXG tokens in circulation changes frequently.
     </p>
     <p>
      At the moment of writing, there are about 60,161 PAXG coins in circulation. However, the number of coins shifts almost by the minute as new investors are introduced, and Pax Gold increases the available gold supply for backing.
     </p>
     <h3 id="how-is-the-pax-gold-network-secured">
      How Is the Pax Gold Network Secured?
     </h3>
     <p>
      In the official whitepaper, Pax Gold CEO Charles Cascarilla explains that the PAXG protocol is created entirely on the
      <a href="#">
       Ethereum
      </a>
      blockchain and is secured by the proof-of-work (
      <a href="#">
       PoW
      </a>
      ) model. However, PAXG is not exclusively tied to Ethereum and can be launched on other blockchains as well.
     </p>
     <p>
      Proof-of-work protocols represent a classic approach to cryptocurrency mining,
      <a href="#">
       Bitcoin
      </a>
      being the most prominent example. Ethereum has, however, recently begun its transition to the proof-of-stake (
      <a href="#">
       PoS
      </a>
      ) model, aiming to reduce the resources necessary for token mining, among other things.
     </p>
     <h3 id="where-can-you-buy-pax-gold-paxg">
      Where Can You Buy Pax Gold (PAXG)?
     </h3>
     <p>
      Pax Gold is an ERC-20 token, which means it can be bought on many established exchanges and can be stored in a wide variety of cryptocurrency wallets.
     </p>
     <p>
      Some of the top recommended exchanges for trading Pax Gold are
      <a href="#">
       Binance
      </a>
      ,
      <a href="#">
       BitZ
      </a>
      ,
      <a href="#">
       FTX
      </a>
      and
      <a href="#">
       Kraken
      </a>
      . It is important to note that while Pax Gold is backed by physical gold bars, there still is risk associated with investing and trading PAXG.
     </p>
     <p>
      <a href="#">
       Find out more here
      </a>
      about buying cryptos.
     </p>
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<h2 id="what-is-pax-gold-paxg">What Is Pax Gold (PAXG)?</h2>
<p>Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an <a href="#"> ERC-20 </a> token operating on the Ethereum <a href="#"> blockchain </a> , Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.</p>
<p>The main goal behind Pax Gold is to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why <a href="#"> Paxos Standard </a> decided to create a cryptocurrency entirely backed by gold. According to the <a href="#" target="_blank" rel="noopener nofollow"> official whitepaper </a> , Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.</p>
<h4 id="what-makes-pax-gold-unique">What Makes Pax Gold Unique?</h4>
<p>With a growing number of ERC-20 tokens available for purchase, Pax Gold stands out because it is backed by an already established commodity. One of the main goals for Pax Gold is to make investing in gold more accessible.</p>
<p>The official whitepaper states that &ldquo;more than USD 3.5 trillion of the total gold available today is used solely for investment purposes;&rdquo; however, a large portion of it is unavailable to small-time investors. This is where Pax Gold comes into play. Each PAXG token is backed by a fraction of a piece of <a href="#" target="_blank" rel="noopener nofollow"> London Good Delivery </a> gold bar, stored in Brink&rsquo;s gold vaults, which is the approved storage company by the London Bullion Market Association.</p>
<p>Through combining the security and liquidity offered by blockchain-based cryptocurrency, and the established name of gold as a physical commodity, Pax Gold brings a new investment opportunity to traders. PAXG has inspired other cryptocurrency developers to create gold-backed tokens as well.</p>
<p>Read Full Article: <a href="https://coincu.com/currencies/paxg-pax-gold/stories/">CLICK HERE</a></p>
<p>&nbsp;</p>
</div>
</div>
</div>
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<h2 id="token-metrics"><strong>Token Metrics</strong></h2>
<ul>
<li>Token Name:&nbsp;PAX Gold</li>
<li>Ticker:&nbsp;<strong>PAXG</strong></li>
<li>Blockchain:&nbsp;<strong>Ethereum</strong></li>
<li>Contract: 0x45804880de22913dafe09f4980848ece6ecbaf78</li>
<li>Token Type:&nbsp;<strong>Utility &amp; Governance</strong></li>
<li>Total Supply: 333,661</li>
</ul>
<p><a href="https://github.com/paxosglobal/paxos-gold-contract">PAX Gold (PAXG)</a> is an ERC-20 token (meaning it is compatible with the Ethereum blockchain and other networks that are based on Ethereum) that is pegged to one troy ounce of a 400-ounce London Gold Delivery gold bar. Holders of PAXG tokens actually own the underlying asset, which is held by the Paxos Trust Co. and which can be redeemed at any point.</p>
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<p>As of this writing, the price of one PAXG is over&nbsp;<a href="https://coinmarketcap.com/currencies/pax-gold/" target="_blank" rel="nofollow noopener noreferrer">$1,900</a>, with a 24-hour trading volume of nearly&nbsp;<a href="https://coinmarketcap.com/currencies/pax-gold/" target="_blank" rel="nofollow noopener noreferrer">$12 million</a>. Ranked&nbsp;<a href="https://coinmarketcap.com/currencies/pax-gold/" target="_blank" rel="nofollow noopener noreferrer">#124 on CoinMarketCap</a>, PAXG has a circulating supply of more than 300,000 PAXG and a market cap of approximately $611 million.</p>
</div>
</div>

<p>Even though the price of gold may be volatile in the short term, it has historically maintained its value over the long term. For this reason, many investors use gold as a hedge against inflation.</p>
<p>The price of gold often increases in response to events that cause a decline in the value of traditional paper investments, such as bonds and stocks. Therefore, it&rsquo;s important to consider a gold investment as a major part of a diversified investment portfolio. This strategy is effective in offsetting losses from more volatile assets during a downturn in the market.</p>
<p>PAXG offers investors the same value proposition of physical gold, in addition to the liquidity, security and divisibility of digital assets powered by blockchain technology.</p>

Serum (SRM) is a cryptocurrency launched in 2020. Serum has a current supply of 1,092,844,982 with 133,231,781 in circulation. The last known price of Serum is 2.06843854 USD and is down -1.75 over the last 24 hours. It is currently trading on 130 active market(s) with $82,981,557.70 traded over the last 24 hours. More information can be found at https://projectserum.com/.

Serum

<h1 class="MuiBox-root jss8399"><strong>What is Serum?</strong></h1>
<p>Serum is a decentralized exchange (DEX) built on the Solana blockchain by Serum Foundation; the foundation was created by FTX and Alameda Research. Serum features an on-chain central limit order book (CLOB), unlike many other DEXs that run on automated market-makers (AMM).</p>
<div class="MuiBox-root jss8400">
<h1 class="MuiTypography-root MuiTypography-h3 MuiTypography-gutterBottom">Outstanding Features</h1>
<h2 id="what-makes-srm-unique-">What Makes SRM Unique?</h2>
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<div class="MuiBox-root jss8463 jss8403">
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">Serum DEX&rsquo;s on-chain central limit order book and matching engine provides liquidity and price-time-priority matching to traders and composing projects. Users benefit from this exchange model through the ability to choose the price, size and direction of their trades. Composing projects benefit from Serum&rsquo;s existing architecture, bootstrapped liquidity, and matching service.</p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">Read Full Article: <a href="https://coincu.com/currencies/srm-serum/stories/">CLICK HERE</a></p>
</div>
</div>
</div>
</div>

<div class="jss664 MuiBox-root css-0">
<p class="MuiTypography-root MuiTypography-inherit MuiTypography-paragraph jss665 css-1ou2v44">Serum is a decentralized exchange (DEX) built on the Solana blockchain by Serum Foundation; the foundation was created by FTX and Alameda Research. Serum features an on-chain central limit order book (CLOB), unlike many other DEXs that run on automated market-makers (AMM).</p>
</div>

<h2><strong>Team</strong></h2>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660035842131.image" /></strong></p>
<h2><strong>Backers</strong></h2>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660035848084.image" /></strong></p>

Team And Backers

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    <h2 id="what-is-serum">
     What Is Serum?
    </h2>
    <p>
     Serum is a decentralized exchange (
     <a href="#">
      DEX
     </a>
     ) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (
     <a href="#">
      DeFi
     </a>
     ).
    </p>
    <p>
     Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.
    </p>
    <p>
     In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.
    </p>
    <p>
     The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.
    </p>
    <h3 id="who-are-the-founders-of-serum-">
     Who Are the Founders of Serum?
    </h3>
    <p>
     Serum is an open source project created by a consortium of partners including FTX, Alameda Research, and the Solana Foundation.
    </p>
    <p>
     Its development is currently supported by the Serum Foundation, backed by a group of experts in cryptocurrency, trading and decentralized finance. The project borrows much of its design and thought leadership from a wide number of firms in the cryptocurrency and finance industries.
    </p>
    <h4 id="what-makes-srm-unique-">
     What Makes SRM Unique?
    </h4>
    <p>
     Serum DEX’s on-chain central limit order book and matching engine provides liquidity and price-time-priority matching to traders and composing projects. Users benefit from this exchange model through the ability to choose the price, size and direction of their trades. Composing projects benefit from Serum’s existing architecture, bootstrapped liquidity, and matching service.
    </p>
    <h4 id="related-pages">
     Related Pages:
    </h4>
    <p>
     Learn more about
     <a href="#" rel="noopener nofollow" target="_blank">
      Serum
     </a>
     .
    </p>
    <p>
     Learn more about
     <a href="#" rel="noopener nofollow" target="_blank">
      Solana
     </a>
     .
    </p>
    <p>
     Learn more about the world of cryptocurrencies at the
     <a href="#">
      CoinCu blog
     </a>
     .
    </p>
    <h4 id="how-many-serum-srm-coins-are-there-in-circulation-">
     How Many Serum (SRM) Coins Are There in Circulation?
    </h4>
    <p>
     Serum’s (SRM) circulating supply is at 54,861,111 SRM as of August 2021, with a maximum supply of 10,000,000,000 SRM.
    </p>
    <h3 id="how-is-the-serum-network-secured">
     How Is the Serum Network Secured?
    </h3>
    <p>
     Serum is built on Solana and is completely permissionless. Solana is a web-scale blockchain that can reach 50,000 transactions per second and 400ms block times. This is achieved through a verifiable delay function, known as SHA 256 hash chain. Serum’s design is meant to ensure that DeFi can compete against centralized services.
    </p>
    <h3 id="where-can-you-buy-serum-srm">
     Where Can You Buy Serum (SRM)?
    </h3>
    <p>
     Serum (SRM) can be bought and sold on a number of exchanges, including the following:
    </p>
    <ul>
     <li>
      <a href="#">
       Binance
      </a>
     </li>
     <li>
      <a href="#">
       OKEx
      </a>
     </li>
     <li>
      <a href="#">
       HBTC
      </a>
     </li>
     <li>
      <a href="#">
       BitZ
      </a>
     </li>
     <li>
      <a href="#">
       Xtheta Global
      </a>
     </li>
     <li>
      <a href="#">
       FTX
      </a>
     </li>
    </ul>
    <p>
     If you are new to buying, selling, or trading cryptocurrencies, you can read our Bitcoin buying
     <a href="#">
      guide
     </a>
     .
    </p>
   </div>
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<h1 id="technical-data" class="has-luminous-vivid-orange-color has-text-color">Technical Data</h1>
<h2 id="token-metrics"><span id="Token_Metrics" class="ez-toc-section"></span><strong>Token Metrics</strong></h2>
<ul>
<li>Token Name: <strong>Serum</strong>&nbsp;<strong>.</strong></li>
<li>Ticker:&nbsp;<strong>SRM</strong></li>
<li>Token Type:&nbsp;<strong>Utility, Govermance</strong></li>
<li>Total Supply: <strong>1,092,844,982 SRM.</strong></li>
<li>Circulating Supply: <strong>263,244,669.00 SRM</strong></li>
</ul>
<h2><span id="Token_Allocation" class="ez-toc-section"></span><strong>Token Allocation</strong></h2>
<p class="MuiTypography-root MuiTypography-inherit MuiTypography-paragraph jss633 css-1ou2v44">Project Serum hosted&nbsp;<a class="MuiTypography-root MuiTypography-inherit MuiLink-root MuiLink-underlineHover jss644 css-34kksx" href="https://projectserum.com/ieo-rules" target="_blank" rel="noreferrer noopener">two simultaneous</a>&nbsp;initial exchange offerings (IEOs) for the SRM token on Aug. 7, 2020. The two exchanges (FTX and BitMax) exchange sold 3 million SRM at a price of roughly $0.11/token (or $660,000 in total). KYC was required for both IEOs, and a cap of 1,800 participants was set between both exchanges.</p>
<p class="MuiTypography-root MuiTypography-inherit MuiTypography-paragraph jss633 css-1ou2v44">Prior to the IEOs, pre-sales were held for 400 MegaSerum (equivalent to 400 million SRM, or ~4% of the total supply), raising a total of roughly ~$20m. all pre-sales are locked up over the next 1-7 years from the time of the sale.</p>
<p class="MuiTypography-root MuiTypography-inherit MuiTypography-paragraph jss633 css-1ou2v44">The SRM distribution is projected as follows:</p>
<ul class="jss634">
<li>20%: Team and Advisors</li>
<li>22%: Project Contributors</li>
<li>4%: Locked Seed and Auction Purchasers</li>
<li>27%: Partner and Collaborator Fund</li>
<li>27%: Ecosystem Incentive Fund</li>
</ul>
<div class="MuiBox-root jss8400">
<h3 class="MuiTypography-root MuiTypography-h3 MuiTypography-gutterBottom">Token Use Case</h3>
<div class="MuiBox-root jss8480 jss8403">
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph"><strong>Proposal submission</strong></p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">A node may propose a rules change for 50,000 SRM, which is deducted from the proposer's overall asset pool. If the rules change passes, the 50,000 SRM is returned. otherwise, the initial deposit gets burned.</p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph"><strong>Voting</strong></p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">A node may be designated as a &lsquo;voting-stake&rsquo; node or a &lsquo;delegated-stake&rsquo; node. In a voting-stake node, each staker votes independently, and the majority vote of the node determines its behavior. In a delegated-stake node, each node&rsquo;s leader chooses how they vote. Whenever submissions are requested from a node, any staker may propose a response to the node. A delegated-stake node&rsquo;s leader chooses which response to submit, and a voting-stake node has a vote among their stakers to decide what to submit.</p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">Proposals require more than 60% of the world&rsquo;s total staked SRM voting in favor to pass (this parameter may be further changed via a proposal, within bounds).</p>
<p class="MuiTypography-root jss8402 MuiTypography-body2 MuiTypography-paragraph">&nbsp;</p>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>

Immutable X (IMX) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Immutable X has a current supply of 2,000,000,000 with 235,284,001 in circulation. The last known price of Immutable X is 1.54721424 USD and is up 10.20 over the last 24 hours. It is currently trading on 62 active market(s) with $70,251,808.91 traded over the last 24 hours. More information can be found at https://www.immutable.com/.

Immutable X

<h3 id="imx-key-metrics">IMX Key Metrics</h3>
<ul>
<li><strong>Token Name</strong>: Immutable X</li>
<li><strong>Ticker</strong>: IMX</li>
<li><strong>Blockchain</strong>: Ethereum</li>
<li><strong>Token Standard</strong>: ERC-20</li>
<li><strong>Contract</strong>: 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff</li>
<li><strong>Token type</strong>: Utility</li>
<li><strong>Total Supply</strong>: 2,000,000,000 IMX</li>
</ul>
<h3 id="imx-token-allocation">IMX Token Allocation</h3>
<p><img src="https://file.publish.vn/amberblocks/2021-11/imx-token-allocation-1637540358421.png" /></p>
<p>&nbsp;</p>
<h3 id="imx-token-sales">IMX Token Sales</h3>
<p>Immutable X had an impressive sale on CoinList when it raised $12.5 million in under an hour.</p>
<h3 id="imx-release-schedule">IMX Release Schedule</h3>
<p><img src="https://file.publish.vn/amberblocks/2021-11/imx-release-schedule-1637540386748.png" /></p>

<h1><strong>What is Immutable X?</strong></h1>
<p>Immutable X is the first layer 2 solution for trading NFT on Ethereum. It solves the scalability problem of Ethereum while still leveraging Ethereum&rsquo;s security and network effect.</p>
<h1 id="outstanding-features" class="has-luminous-vivid-orange-color has-text-color">Outstanding Features</h1>
<h2 id="what-is-the-project-trying-to-achieve"><span id="What_is_the_project_trying_to_achieve" class="ez-toc-section"></span><strong>What is the project trying to achieve?</strong></h2>
<ul>
<li><strong>Fast and Secure</strong>: The Immutable X can conduct up to 9,000 TPS (transactions per second), compared to 15 TPS of Ethereum. Hence, Immutable X can ensure ultra-fast speed. In terms of security, the protocol is non-custodial so users have full control of their assets, secured by the Ethereum chain.</li>
<li><strong>Zero Gas Fees</strong>: Immutable X is built on StarkWare's cutting-edge zk-rollup technology, allowing users to rapidly mint and exchange NFTs with no gas expenses.</li>
</ul>
<h2><strong>What is the unique selling point?</strong></h2>
<p>mmutable X benefits from being one of the first layer-two solutions that utilize zk-rollups and focus exclusively on NFTs. With zk-rollups growing in importance as a scaling solution, the project finds itself at the cutting edge of development in the Ethereum ecosystem. Immutable X has a good chance of becoming the default &ldquo;NFT blockchain&rdquo; in the future, provided its promised transaction speed of more than 9,000 tps can be achieved.</p>
<p>A crucial component to fulfilling this promise is the API abstraction layer. Thanks to REST APIs, every NFT-related interaction like minting, trading, and transferring is a simple API call on Immutable X. The company anticipates this to be a key component to attracting new entrants like established gaming and content companies in the space.</p>
<p>Full Read Article: <a href="https://coincu.com/currencies/imx-immutable-x/stories/">CLICK HERE</a></p>

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   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <h2 id="what-is-immutable-x-imx">
      What Is Immutable X (IMX)?
     </h2>
     <p>
      <a href="#">
       Immutable X
      </a>
      positions itself as the first
      <a href="#">
       layer-two
      </a>
      scaling solution for
      <a href="#">
       NFTs
      </a>
      on
      <a href="#">
       Ethereum
      </a>
      . According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK
      <a href="#">
       zk-rollups
      </a>
      , a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
     </p>
     <p>
      Thanks to this technology, users will be able to create and distribute assets like
      <a href="#">
       ERC-20
      </a>
      and
      <a href="#">
       ERC-721
      </a>
      tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable X aims to create a world-class experience for users and developers alike.
     </p>
     <h2 id="who-are-the-founders-of-immutable-x">
      Who Are the Founders of Immutable X?
     </h2>
     <p>
      Immutable X was founded by James Ferguson, a Forbes 30 Under 30 entrepreneur that previously led a software development team at a billion-dollar eCommerce company, and his brother Robbie Ferguson, a Thiel fellow and Forbes 30 Under 30 entrepreneur as well.
     </p>
     <p>
      The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. It raised a seed round in 2018 and a $15 million Series A in September 2019. Investors included some of the “who is who” in blockchain investing, such as Coinbase, Naspers, Nirvana Capital, Apex Capital Partners, Continue Capital and Galaxy Digital.
     </p>
     <h2 id="what-makes-immutable-x-unique">
      What Makes Immutable X Unique?
     </h2>
     <p>
      Immutable X benefits from being one of the first layer-two solutions that utilize zk-rollups and focus exclusively on NFTs. With zk-rollups growing in importance as a scaling solution, the project finds itself at the cutting edge of development in the Ethereum ecosystem. Immutable X has a good chance of becoming the default “NFT blockchain” in the future, provided its promised transaction speed of more than 9,000 tps can be achieved.
     </p>
     <p>
      A crucial component to fulfilling this promise is the API abstraction layer. Thanks to REST APIs, every NFT-related interaction like minting, trading, and transferring is a simple API call on Immutable X. The company anticipates this to be a key component to attracting new entrants like established gaming and content companies in the space.
     </p>
     <p>
      Moreover, users will not have to switch networks when connecting their wallets. The protocol also provides an intermediate layer called the “Link,” which enables an NFT-specific wallet experience and allows Immutable X to support a third-party marketplace ecosystem without security risks.
     </p>
     <p>
      With its shared global order book facilitating protocol liquidity, NFT marketplaces can be built on Immutable X without a backend. In consequence, third-party marketplace solutions can co-exist with the protocol’s native marketplace. The protocol also expects to lower the barriers of entry for content creators and smaller developers with this solution.
     </p>
     <h2 id="related-pages">
      Related Pages:
     </h2>
     <p>
      Check out
      <a href="#">
       Avalanche (AVAX)
      </a>
      — a fast-growing competitor to Ethereum..
     </p>
     <p>
      Check out
      <a href="#">
       Polkadot (DOT)
      </a>
      — a high-speed blockchain ecosystem.
     </p>
     <p>
      Read our
      <a href="#">
       deep dive into the GameStop NFT ecosystem.
      </a>
     </p>
     <p>
      Get the latest crypto news and latest trading insights with the
      <a href="#">
       CoinMarketCap blog
      </a>
      .
     </p>
     <h2 id="how-many-immutable-x-imx-coins-are-there-in-circulation">
      How Many Immutable X (IMX) Coins Are There in Circulation?
     </h2>
     <p>
      IMX is the protocol’s native ERC-20 utility token. The token’s three core use cases are fees, staking and governance. 20% of the protocol’s fees must be paid in IMX, and users can stake IMX to receive a proportional share of the network’s fees. Token holders can also vote on governance proposals by holding IMX. The total supply of IMX is two billion, according to the following token distribution:
     </p>
     <ul>
      <li>
       Ecosystem development - 51.74%: user rewards, developer grants, liquidity provision, marketing purposes.
      </li>
      <li>
       Project development - 25%
      </li>
      <li>
       Private sale - 14.26%: one year cliff, monthly unlock over two years.
      </li>
      <li>
       Public sale - 5%: six-months unlock.
      </li>
      <li>
       Foundation - 4%: ecosystem development-related initiatives like liquidity provision, one-year cliff, monthly unlock over four years.
      </li>
     </ul>
     <h2 id="how-is-the-immutable-x-network-secured">
      How Is the Immutable X Network Secured?
     </h2>
     <p>
      Immutable X is a
      <a href="#">
       layer-two
      </a>
      blockchain with zero
      <a href="#">
       gas
      </a>
      fees, where operators can set their own trading fees. In contrast to other scaling solutions to Ethereum, a 51% attack on Immutable X is unfeasible, as it is not a centralized side chain but benefits from inheriting the native security of the Ethereum blockchain. Immutable X uses zk-rollups, meaning assets are traded on the second-layer blockchain, but the validity proof of a transaction is stored on the layer-one blockchain, in this case Ethereum. Immutable X uses STARK proofs because, unlike SNARKs, they are post-quantum-secure and provide greater user security despite the greater cost.
     </p>
     <p>
      Immutable X chose to stay on Ethereum as a first-layer solution because the team considers Ethereum best to represent the philosophy of trustless, decentralized asset ownership. In the team’s words, Ethereum has always prioritized centralization over short-term scalability upgrades, even though it has suffered from problematic gas fee spikes and network congestion, thus still remaining the main blockchain for NFT projects to build on.
     </p>
     <h2 id="where-can-you-buy-immutable-x-imx">
      Where Can You Buy Immutable X (IMX)?
     </h2>
     <p>
      IMX is available on
      <a href="#">
       OKEx
      </a>
      ,
      <a href="#">
       FTX
      </a>
      ,
      <a href="#">
       Huobi Global
      </a>
      ,
      <a href="#">
       Bybit
      </a>
      and
      <a href="#">
       Bitget
      </a>
      .
     </p>
    </div>
   </div>
  </div>
 </div>
</div>

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <h2 id="what-is-immutable-x-imx">
      What Is Immutable X (IMX)?
     </h2>
     <p>
      <a href="#">
       Immutable X
      </a>
      positions itself as the first
      <a href="#">
       layer-two
      </a>
      scaling solution for
      <a href="#">
       NFTs
      </a>
      on
      <a href="#">
       Ethereum
      </a>
      . According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK
      <a href="#">
       zk-rollups
      </a>
      , a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
     </p>
     <p>
      Thanks to this technology, users will be able to create and distribute assets like
      <a href="#">
       ERC-20
      </a>
      and
      <a href="#">
       ERC-721
      </a>
      tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable X aims to create a world-class experience for users and developers alike.
     </p>
     <h2 id="who-are-the-founders-of-immutable-x">
      Who Are the Founders of Immutable X?
     </h2>
     <p>
      Immutable X was founded by James Ferguson, a Forbes 30 Under 30 entrepreneur that previously led a software development team at a billion-dollar eCommerce company, and his brother Robbie Ferguson, a Thiel fellow and Forbes 30 Under 30 entrepreneur as well.
     </p>
     <p>
      The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. It raised a seed round in 2018 and a $15 million Series A in September 2019. Investors included some of the “who is who” in blockchain investing, such as Coinbase, Naspers, Nirvana Capital, Apex Capital Partners, Continue Capital and Galaxy Digital.
     </p>
     <h2 id="what-makes-immutable-x-unique">
      What Makes Immutable X Unique?
     </h2>
     <p>
      Immutable X benefits from being one of the first layer-two solutions that utilize zk-rollups and focus exclusively on NFTs. With zk-rollups growing in importance as a scaling solution, the project finds itself at the cutting edge of development in the Ethereum ecosystem. Immutable X has a good chance of becoming the default “NFT blockchain” in the future, provided its promised transaction speed of more than 9,000 tps can be achieved.
     </p>
     <p>
      A crucial component to fulfilling this promise is the API abstraction layer. Thanks to REST APIs, every NFT-related interaction like minting, trading, and transferring is a simple API call on Immutable X. The company anticipates this to be a key component to attracting new entrants like established gaming and content companies in the space.
     </p>
     <p>
      Moreover, users will not have to switch networks when connecting their wallets. The protocol also provides an intermediate layer called the “Link,” which enables an NFT-specific wallet experience and allows Immutable X to support a third-party marketplace ecosystem without security risks.
     </p>
     <p>
      With its shared global order book facilitating protocol liquidity, NFT marketplaces can be built on Immutable X without a backend. In consequence, third-party marketplace solutions can co-exist with the protocol’s native marketplace. The protocol also expects to lower the barriers of entry for content creators and smaller developers with this solution.
     </p>
     <h2 id="related-pages">
      Related Pages:
     </h2>
     <p>
      Check out
      <a href="#">
       Avalanche (AVAX)
      </a>
      — a fast-growing competitor to Ethereum..
     </p>
     <p>
      Check out
      <a href="#">
       Polkadot (DOT)
      </a>
      — a high-speed blockchain ecosystem.
     </p>
     <p>
      Read our
      <a href="#">
       deep dive into the GameStop NFT ecosystem.
      </a>
     </p>
     <p>
      Get the latest crypto news and latest trading insights with the
      <a href="#">
       CoinMarketCap blog
      </a>
      .
     </p>
     <h2 id="how-many-immutable-x-imx-coins-are-there-in-circulation">
      How Many Immutable X (IMX) Coins Are There in Circulation?
     </h2>
     <p>
      IMX is the protocol’s native ERC-20 utility token. The token’s three core use cases are fees, staking and governance. 20% of the protocol’s fees must be paid in IMX, and users can stake IMX to receive a proportional share of the network’s fees. Token holders can also vote on governance proposals by holding IMX. The total supply of IMX is two billion, according to the following token distribution:
     </p>
     <ul>
      <li>
       Ecosystem development - 51.74%: user rewards, developer grants, liquidity provision, marketing purposes.
      </li>
      <li>
       Project development - 25%
      </li>
      <li>
       Private sale - 14.26%: one year cliff, monthly unlock over two years.
      </li>
      <li>
       Public sale - 5%: six-months unlock.
      </li>
      <li>
       Foundation - 4%: ecosystem development-related initiatives like liquidity provision, one-year cliff, monthly unlock over four years.
      </li>
     </ul>
     <h2 id="how-is-the-immutable-x-network-secured">
      How Is the Immutable X Network Secured?
     </h2>
     <p>
      Immutable X is a
      <a href="#">
       layer-two
      </a>
      blockchain with zero
      <a href="#">
       gas
      </a>
      fees, where operators can set their own trading fees. In contrast to other scaling solutions to Ethereum, a 51% attack on Immutable X is unfeasible, as it is not a centralized side chain but benefits from inheriting the native security of the Ethereum blockchain. Immutable X uses zk-rollups, meaning assets are traded on the second-layer blockchain, but the validity proof of a transaction is stored on the layer-one blockchain, in this case Ethereum. Immutable X uses STARK proofs because, unlike SNARKs, they are post-quantum-secure and provide greater user security despite the greater cost.
     </p>
     <p>
      Immutable X chose to stay on Ethereum as a first-layer solution because the team considers Ethereum best to represent the philosophy of trustless, decentralized asset ownership. In the team’s words, Ethereum has always prioritized centralization over short-term scalability upgrades, even though it has suffered from problematic gas fee spikes and network congestion, thus still remaining the main blockchain for NFT projects to build on.
     </p>
     <h2 id="where-can-you-buy-immutable-x-imx">
      Where Can You Buy Immutable X (IMX)?
     </h2>
     <p>
      IMX is available on
      <a href="#">
       OKEx
      </a>
      ,
      <a href="#">
       FTX
      </a>
      ,
      <a href="#">
       Huobi Global
      </a>
      ,
      <a href="#">
       Bybit
      </a>
      and
      <a href="#">
       Bitget
      </a>
      .
     </p>
    </div>
   </div>
  </div>
  <div class="sc-101ku0o-2 exKUGw">
   <p>
    Our most recent articles about
    
    Immutable X
    
    :
   </p>
   <ul>
    <li>
     <a href="#">
      How to Use Layer-2 Rollups to Avoid Gas Fees
     </a>
    </li>
   </ul>
  </div>
 </div>
</div>

<h2><strong>Community</strong></h2>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1657249736458.image" /></strong></p>
<h2><strong>Backers</strong></h2>
<p><strong><img src="https://file.publish.vn/amberblocks/2021-11/imx-partners-1637540807159.png" /></strong></p>

<p><a href="https://coinmarketcap.com/currencies/immutable-x/ico/">Immutable X</a>&nbsp;positions itself as the first&nbsp;<a href="https://coinmarketcap.com/alexandria/glossary/layer-2">layer-two</a>&nbsp;scaling solution for&nbsp;<a href="https://coinmarketcap.com/alexandria/glossary/non-fungible-token">NFTs</a>&nbsp;on&nbsp;<a href="https://coinmarketcap.com/currencies/ethereum/">Ethereum</a>. According to Immutable X, its blockchain does away with Ethereum&rsquo;s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK&nbsp;<a href="https://coinmarketcap.com/alexandria/glossary/zero-knowledge-rollups">zk-rollups</a>, a technology that Vitalik Buterin considers Ethereum to be &ldquo;all-in on.&rdquo;</p>

Stargate Finance (STG) is a cryptocurrency and operates on the Ethereum platform. Stargate Finance has a current supply of 1,000,000,000 with 0 in circulation. The last known price of Stargate Finance is 0.70956514 USD and is down -63.03 over the last 24 hours. It is currently trading on 6 active market(s) with $3,281,595.02 traded over the last 24 hours. More information can be found at https://stargate.finance/.

Stargate Finance

<h2>TEAM</h2>
<p>STG's development team is the same team that is developing the Layer Zero platform. A multi-chain operating platform with limitless development possibilities.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1662746596060.image" width="667" height="313" /></p>
<h2>BACKERS</h2>
<p>Binance Lab, Sequoia, FTX Ventures, A16z.</p>

<h2>What is Stargate Finance (STG)?</h2>
<p>Stargate Finance is known as a cross-chain Bridge built on LayerZero. The Stargate platform uses LayerZero's infrastructure to build Liquidity Pools on the Blockchains that the project supports. As a result, Stargate Finance forms a Liquidity cross-chain network, capable of connecting Blockchains that LayerZero supports.</p>
<p>Stargate Finance's mission is to provide cross-chain liquidity transfer and optimize a simple and seamless transaction process between Blockchains.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/04/word-image-1.png" alt="stargate-finance-la-gi" width="560" height="300" /></p>
<h2>Highlights of Stargate Finance</h2>
<p>Coming to Stargate Finance, users can cross-chain their Native Assets on Stargate with just one simple transaction. For example, users can swap USDC on Ethereum with USDT on BNB quickly.</p>
<p>In addition, Stargate Finance can generate cross-chain native transactions at the application level. These cross-chain swap operations are supported by community-owned Unified Liquidity Pools.</p>
<p>Stargate Finance has the ability to solve security limitations well compared to other cross-chain Bridges. The Stargate project uses cross-chain verification technology between Oracle and LayerZero. At the same time, Stargate Finance also optimizes the safe movement of assets and increases the security of the Blockchain with the omni-chain token mechanism of the original assets on LayerZero.</p>
<h2>Benefits of experiencing Stargate Finance</h2>
<h3>Security capabilities</h3>
<p>Through the cross-chain verification technology between Oracle and LayerZero's Relayer, users can safely make purchases and sales on Stargate Finance. When they successfully execute a transaction on the source chain, all assets will be moved to the destination chain quickly with extremely high security.</p>
<h3>Native Asset</h3>
<p>Stargate Finance allows users to trade Native Assets in Liquidity Pools instead of Wrapped tokens. This feature eases the limitations of requiring additional transactions to obtain the desired tokens.</p>
<h3>Unified Liquidity</h3>
<p>With LayerZero advanced technology, Stargate Finance opens up a space for users to access a single Liquidity Pool across multiple chains. This also helps to create deeper liquidity for users and applications on multi-chain.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/04/word-image-3.jpg" alt="stargate-finance-la-gi" width="653" height="350" /></p>
<h2>Roadmap</h2>
<p>Updating...</p>
<p><strong>Read Full Article: <a href="https://coincu.com/currencies/stg-stargate-finance/stories/">Click here</a></strong></p>

<h2>Key Metrics STG token</h2>
<ul>
<li>Token Name: STG</li>
<li>Ticker: STG</li>
<li>Blockchain: multi-blockchain</li>
<li>Token Standard: native token of Stargate Finance</li>
<li>Token type: Governance &amp; Utility</li>
<li>Total Supply: 1,000,000,000 STG</li>
<li>Circulating Supply: 134,985.113 WTG</li>
</ul>
<h2 id="section-10">STG Token Allocation</h2>
<ul>
<li>Team: 17.5%</li>
<li>Investors: 17.5%</li>
<li>Protocol Launch: 15%</li>
<li>Initial emissions program: 2.11%</li>
<li>Bonding curve DEXs: 1.55%</li>
<li>Community: 30.39%</li>
</ul>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.coin98.com/images/stg-token-allocation-n713mnT8yApdx1tF.jpeg" alt="stg token allocation" width="690" height="423" /></p>
<h2>STG Token Release Schedule</h2>
<ul>
<li>Team: Lock 1 year, Linear vesting 2 years.</li>
<li>Investors: Lock 1 year, Linear vesting 2 years.</li>
<li>Token sale phase 1: Lock 1 year, linear vesting 6 months.</li>
<li>Initial Liquidity: Unlock 100%.</li>
<li>Token sale Phase 2: Unlock 100%</li>
</ul>
<h2>Token STG Use Case</h2>
<ul>
<li>LP reward: Liquidity providers can also fund Stargate Protocol for STG rewards.</li>
<li>veSTG: STG holder locks STG tokens to receive veSTG, the longer the lock time, the more veSTG users receive. veSTG has the right to participate in the administration of Stargate Protocol and many other benefits.</li>
</ul>

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <span>
     A composable native asset bridge with unified liquidity and instant guaranteed finality
    </span>
   </div>
  </div>
 </div>
</div>

<p>The Stargate Finance project is like a bridge for blockchains to create connectivity and convenience for users. Besides, the Stargate Finance project is one of the first projects on the LayerZero blockchain, a platform that has just raised a large amount of capital recently and this can help the Stargate Finance project attract a lot of attention.</p>

Everest (ID) is a cryptocurrency launched in 2019and operates on the Ethereum platform. Everest has a current supply of 0 with 116,700,000 in circulation. The last known price of Everest is 0.20471401 USD and is up 8.00 over the last 24 hours. It is currently trading on 13 active market(s) with $177,903.49 traded over the last 24 hours. More information can be found at https://www.everest.org/.

Everest

<h2 id="when-will-everest-cryptocurrency-trading-begin">When Will Everest Cryptocurrency Trading Begin?</h2>
<p><a href="https://coincu.com/currencies/id-everest/">Everest&nbsp;</a>(ID) is a blockchain company that aims to bring economic inclusion and remove barriers to public services. It claims to be the world&rsquo;s only device-free, global digital transaction protocol with in-built identity &ndash; using digital identities on blockchain, electronic wallets, document management and biometrics. Its inception will bring blockchain and biometrics to governments, banks, exchanges, hospitals, NGOs and more.</p>
<p>They received a Virtual Financial Assets (VFA) license from the Maltese Financial Services Authority (MFSA), which allows Everest to operate as a regulated custodian for users. Everest&rsquo;s CRDT token allows businesses and users to program fiat currencies for various use-cases, facilitating value transfer across fiat currency and financial rails worldwide.</p>
<p>Everest&rsquo;s platform consists of the following features: EverID &ndash; verifiable identity which is user-controlled, pseudo-anonymous and supported by the&nbsp;<a href="https://coincu.com/currencies/id-everest/" target="_blank" rel="noopener nofollow">Identity Network Foundation&nbsp;</a>, a non-profit DAO; EverWallet &ndash; device-free account which stores multi-currency and biometric data; EverChain &ndash; the platform layer 2 ledger based on Ethereum; CRDT &ndash; pegged stablecoin for value storage (1 CRDT = USD$0.01); VFA &ndash; regulatory license to operate in accordance to laws; ID token &ndash; utility token enabling access to the identity network and exchange of value.</p>
<h2 id="who-are-the-founders-of-everest">Who Are the Founders of Everest?</h2>
<p>Everest was founded in May 2016 with the belief that without the fundamental elements of human exchange (value transfer), the economies of crypto and blockchain will not be able to grow.</p>
<p>Bob Reid is the co-founder and CEO of Everest. He received a BA in Political Science from the University of California, San Diego and an M.B.A. from Middlebury Institute of International Studies at Monterey. He has extensive experience in business development, was the General Manager of Licensing at BitTorrent, and VP of Strategy &amp; Business Development at Neulion and DivX. Most recently, Bob was an advisor to Kai Labs, a blockchain-focused think tank &amp; accelerator.</p>
<p>Bradley Witteman is the co-founder and CTO of Everest. He received a BA, M.B.A. and MA from the Middlebury Institute of International Studies at Monterey. He has almost 20 years of product management experience across various industries. Bradley was Senior Director of Product Management at BitTorrent, Chief Product Officer and founder of Moby Corp.</p>
<h2 id="can-everest-hit-1">Can Everest Hit $1?</h2>
<p>Everest is a next-generation blockchain platform that is projected to unite the end-user market and financial institutions into the DeFi, crypto and fiat future. Everest full vertical stack consists of a gateway node, which enables partners to quickly integrate Everest to their legacy platforms using their APIs. Everest also enables integrated&nbsp;<a href="https://coincu.com/currencies/id-everest/">KYC&nbsp;</a>/&nbsp;<a href="https://coincu.com/currencies/id-everest/">AML&nbsp;</a>on their platform through quick and inexpensive biometric ID. This combination of secure, mass-market biometrics and encryption allows Everest to complete identity creation and verification, compared to days needed by traditional financial institutions.</p>
<p>Everest&rsquo;s compliance with regulatory requirements and ability to operate in legal jurisdictions is another major advantage. It&rsquo;s patent-pending biometric identity, virtual onboarding and account creation, cross-border transfers are vertically integrated to meet the needs of financial institutions. Everest is bridging the DeFi world with the regulatory requirements of governments. With its VFA license, Everest is allowed to issue its own stablecoin and process payments of &ldquo;programmable money&rdquo; in most jurisdictions with a merchant account. Everest also complies with Europe&rsquo;s GDPR and California&rsquo;s CCPA data privacy law.</p>
<p>Everest has a vast number of partners and recognitions, including: Visa Everywhere Initiative 2020 &ndash; semi-finalist in two categories; Visa Fast Track 2020; Ethereum Foundation 2019 grant winner (eKYC); Inclusive FinTech 50 2019 winner; Oregon Enterprise Blockchain Venture Studio 2019 winner; New America, Blockchain Impact Ledger 2019; approved vendor list of United Nations and Asian Development Bank.</p>
<p>In July 2021, Everest partnered with Oracle Financial Services, a unit of Oracle Corp, with the aim of enhancing the bank's product offering across the world. Oracle is a software service utilized in retail and corporate banking and insurance services. This corporation will enable the verification of user&rsquo;s credentials. Thus, it will provide a diverse scheme of mitigating money laundering activities as it will allow banks to scrutinize cryptocurrencies, cross-border and decentralized finance. Everest Chief Executive and co-founder Bob Reid says that their blockchain-based identity and verification is projected to enhance banking and financial software.</p>
<p>Read Full Article: <a href="https://coincu.com/currencies/id-everest/stories/">CLICK HERE</a></p>

<h1>Team</h1>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660750858546.image" /></p>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660750862485.image" /></p>
<h1 id="partners"><strong>Partners</strong></h1>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660750873444.image" /></strong></p>
<p><strong><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660750868193.image" /></strong></p>

<p>Everest is a platform and ecosystem that empowers users &amp; businesses to build the future. Through the use of digital identities, electronic wallets, document management, a regulated stablecoin and fast, cost-effective ledger, users and businesses can verifiably engage in any transaction - all more transparently, fairer and more economically than ever before.</p>

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     <h2 id="when-will-everest-cryptocurrency-trading-begin">
      When Will Everest Cryptocurrency Trading Begin?
     </h2>
     <p>
      <a href="#">
       Everest
      </a>
      (ID) is a blockchain company that aims to bring economic inclusion and remove barriers to public services. It claims to be the world’s only device-free, global digital transaction protocol with in-built identity – using digital identities on blockchain, electronic wallets, document management and biometrics. Its inception will bring blockchain and biometrics to governments, banks, exchanges, hospitals, NGOs and more.
     </p>
     <p>
      They received a Virtual Financial Assets (VFA) license from the Maltese Financial Services Authority (MFSA), which allows Everest to operate as a regulated custodian for users. Everest’s CRDT token allows businesses and users to program fiat currencies for various use-cases, facilitating value transfer across fiat currency and financial rails worldwide.
     </p>
     <p>
      Everest’s platform consists of the following features: EverID – verifiable identity which is user-controlled, pseudo-anonymous and supported by the
      <a href="#" rel="noopener nofollow" target="_blank">
       Identity Network Foundation
      </a>
      , a non-profit DAO; EverWallet – device-free account which stores multi-currency and biometric data; EverChain – the platform layer 2 ledger based on Ethereum; CRDT – pegged stablecoin for value storage (1 CRDT = USD$0.01); VFA – regulatory license to operate in accordance to laws; ID token – utility token enabling access to the identity network and exchange of value.
     </p>
     <h2 id="who-are-the-founders-of-everest">
      Who Are the Founders of Everest?
     </h2>
     <p>
      Everest was founded in May 2016 with the belief that without the fundamental elements of human exchange (value transfer), the economies of crypto and blockchain will not be able to grow.
     </p>
     <p>
      Bob Reid is the co-founder and CEO of Everest. He received a BA in Political Science from the University of California, San Diego and an M.B.A. from Middlebury Institute of International Studies at Monterey. He has extensive experience in business development, was the General Manager of Licensing at BitTorrent, and VP of Strategy &amp; Business Development at Neulion and DivX. Most recently, Bob was an advisor to Kai Labs, a blockchain-focused think tank &amp; accelerator.
     </p>
     <p>
      Bradley Witteman is the co-founder and CTO of Everest. He received a BA, M.B.A. and MA from the Middlebury Institute of International Studies at Monterey. He has almost 20 years of product management experience across various industries. Bradley was Senior Director of Product Management at BitTorrent, Chief Product Officer and founder of Moby Corp.
     </p>
     <h2 id="can-everest-hit-1">
      Can Everest Hit $1?
     </h2>
     <p>
      Everest is a next-generation blockchain platform that is projected to unite the end-user market and financial institutions into the DeFi, crypto and fiat future. Everest full vertical stack consists of a gateway node, which enables partners to quickly integrate Everest to their legacy platforms using their APIs. Everest also enables integrated
      <a href="#">
       KYC
      </a>
      /
      <a href="#">
       AML
      </a>
      on their platform through quick and inexpensive biometric ID. This combination of secure, mass-market biometrics and encryption allows Everest to complete identity creation and verification, compared to days needed by traditional financial institutions.
     </p>
     <p>
      Everest’s compliance with regulatory requirements and ability to operate in legal jurisdictions is another major advantage. It’s patent-pending biometric identity, virtual onboarding and account creation, cross-border transfers are vertically integrated to meet the needs of financial institutions. Everest is bridging the DeFi world with the regulatory requirements of governments. With its VFA license, Everest is allowed to issue its own stablecoin and process payments of “programmable money” in most jurisdictions with a merchant account. Everest also complies with Europe’s GDPR and California’s CCPA data privacy law.
     </p>
     <p>
      Everest has a vast number of partners and recognitions, including: Visa Everywhere Initiative 2020 – semi-finalist in two categories; Visa Fast Track 2020; Ethereum Foundation 2019 grant winner (eKYC); Inclusive FinTech 50 2019 winner; Oregon Enterprise Blockchain Venture Studio 2019 winner; New America, Blockchain Impact Ledger 2019; approved vendor list of United Nations and Asian Development Bank.
     </p>
     <p>
      In July 2021, Everest partnered with Oracle Financial Services, a unit of Oracle Corp, with the aim of enhancing the bank's product offering across the world. Oracle is a software service utilized in retail and corporate banking and insurance services. This corporation will enable the verification of user’s credentials. Thus, it will provide a diverse scheme of mitigating money laundering activities as it will allow banks to scrutinize cryptocurrencies, cross-border and decentralized finance. Everest Chief Executive and co-founder Bob Reid says that their blockchain-based identity and verification is projected to enhance banking and financial software.
     </p>
     <h2 id="related-pages">
      Related Pages
     </h2>
     <p>
      Read about
      <a href="#">
       ERC-20 tokens
      </a>
      .
     </p>
     <p>
      Read about
      <a href="#">
       Cryptocurrency Money Laundering
      </a>
      and
      <a href="#">
       KYC
      </a>
      .
     </p>
     <p>
      Learn more about
      <a href="#">
       DeFi
      </a>
      .
     </p>
     <p>
      What is web 3.0?
      <a href="#">
       Click here
      </a>
      and find out.
     </p>
     <p>
      Take a deep dive into smart contracts and DeFi space with
      <a href="#">
       CMC Alexandria
      </a>
      .
     </p>
     <p>
      Take a look at the
      <a href="#">
       CMC blog
      </a>
      : product updates, partnerships, and announcements.
     </p>
     <h2 id="how-many-everest-id-coins-are-there-in-circulation">
      How Many Everest (ID) Coins Are There in Circulation?
     </h2>
     <p>
      ID (
      <a href="#">
       ERC-20
      </a>
      ) is the native utility token of the Everest platform, enabling access to the identity network and exchange of value in the economy. Receiving payments is free on the Everest system, but users need to stake 1-100 IDs in their wallet to send payments. For larger users which require greater levels of data, complexity, visibility and targeting, higher amounts of ID tokens need to be staked (up to 250,000). For institutions, the amount of IDs staked depends on a tiered level of access and specific market use-case.
     </p>
     <p>
      The total supply is capped at 800,000,000 ID. The distribution of tokens is as follows: 19% to strategic partners, advisors and consultants; 19% to team; 38% for staking and rewards; 12% to ecosystem development; 12% to reserves.
     </p>
     <p>
      ID tokens are bought and held by stakers (users, custodians, financial institutions, businesses and more) and eAgents (Kyber, Aave), which grants them access to the network for a limited period of time. eAgents are staking partners who manage eTellers, who earn ID tokens by signing users up to Everest services. Holding and staking ID will give users lower transactions fees and additional rewards.
     </p>
     <h2 id="how-is-the-everest-network-secured">
      How Is the Everest Network Secured?
     </h2>
     <p>
      Everest (ID) is a cryptocurrency token built on
      <a href="#">
       Ethereum
      </a>
      , and a smart contract is a program that

<h2>Token Metrics</h2>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Everest\r\nTicker: ID\r\nBlockchain: Ethereum\r\nToken Standard: ERC-20\r\nContract:  0xebd9d99a3982d547c5bb4db7e3b1f9f14b67eb83\r\nToken Type: Utility, Gorvemance\r\nTotal Supply: 800,000,000\r\nCirculating Supply: 116,700,000&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Token Name: Everest <br />Ticker: ID <br />Blockchain: Ethereum <br />Token Standard: ERC-20 <br />Contract: 0xebd9d99a3982d547c5bb4db7e3b1f9f14b67eb83 <br />Token Type: Utility, Gorvemance <br />Total Supply: 800,000,000 <br />Circulating Supply: 116,700,000</span></p>
<h2><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Everest\r\nTicker: ID\r\nBlockchain: Ethereum\r\nToken Standard: ERC-20\r\nContract:  0xebd9d99a3982d547c5bb4db7e3b1f9f14b67eb83\r\nToken Type: Utility, Gorvemance\r\nTotal Supply: 800,000,000\r\nCirculating Supply: 116,700,000&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Token use case</span></h2>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Everest\r\nTicker: ID\r\nBlockchain: Ethereum\r\nToken Standard: ERC-20\r\nContract:  0xebd9d99a3982d547c5bb4db7e3b1f9f14b67eb83\r\nToken Type: Utility, Gorvemance\r\nTotal Supply: 800,000,000\r\nCirculating Supply: 116,700,000&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">-Governance<br />-Staking<br />-Payment</span></p>

Oxygen (OXY) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Oxygen has a current supply of 10,000,000,000 with 44,299,061.001807 in circulation. The last known price of Oxygen is 0.38841123 USD and is up 2.70 over the last 24 hours. It is currently trading on 20 active market(s) with $788,472.52 traded over the last 24 hours. More information can be found at https://www.oxygen.org/.

Oxygen

<h2>What is OXYGEN?</h2>
<p>Oxygen.org is a DeFi Prime Brokerage Protocol that provides a DeFi platform developed on the Solana Blockchain. The protocol allows you to hold digital assets on your behalf, create liquidity, earn interest, borrow assets to sell short, use leveraged trading based on asset portfolio. The platform makes your property more efficient in 3 main ways:</p>
<ul>
<li>Use of the same collateral multiple times. Oxy allows you to generate returns on your portfolio by lending your property and borrowing other assets at the same time.</li>
<li>Inter-chain collateral. With Oxygen, you can use all of your portfolio as collateral when you want to borrow other assets. This means lower liquidation/margin call risk for your portfolio.</li>
<li>Market based pricing. Oxy protocol is based on order book (Order-book), making it possible to trade at the best/reasonable rates for borrowing/lending all the time.</li>
</ul>
<h3>Oxygen Protocol working model</h3>
<p>Investors interact with Mobile app, deposit assets into investment portfolios. And carry out borrowing, with leverage.</p>
<p>The properties are fully managed with no fees. Oxygen Protocols are Smart Contracts that interact with decentralized systems such as Exchanges (on the Serum platform), or DeFi Order books for borrowing, cross-chain protocol, or through otc funds. , possibly a donation from Retailer.</p>
<p>Borrowing/lending fees and trading profits are distributed to users as follows:</p>
<p>-Volatility liquidity Providers (VLP): Providers of volatility liquidity. OXY rewards tokens, platform fees, lending fees, Trading Profits for providing liquidity and risk funds.</p>
<p>-Distribution Partners: Oxy rewards tokens for original customer transactions.</p>
<p>-OXY token holders: OXY token holders will receive 100% of the revenue from the Oxygen Protocol.</p>
<h2>Highlights of OXYGEN</h2>
<p>With the goal of supporting utility for hundreds of millions of users, it can help you &ndash; as a holder of digital assets, create liquidity, earn interest, borrow assets to sell short, get leverage Trade leverage based on your asset portfolio. It provides a more efficient way to manage capital and is unique compared to other lending protocols in three ways:</p>
<ul>
<li>Multiple Use Against One Collateral: Oxy allows you to generate returns on your portfolio by lending out your property and borrowing other assets at the same time.</li>
<li>Cross-mortgage: You can use all of your portfolio as collateral when you want to borrow other assets, which means a lower margin call and liquidation risk for the portfolio your investment.</li>
<li>Market based pricing. The Oxygen Protocol is based on an order book rather than following a pre-established market model that needs to be adjusted manually</li>
</ul>
<p>Oxygen is 100% decentralized, 100% unattended and 100% on-chain. All transactions are completely peer-to-peer without the involvement of a centralized operator. The OXY protocol never has access to your private keys at any point in time.</p>
<p>Read full Article: <a href="https://coincu.com/vi/currencies/oxy-oxygen/stories">CLICK HERE</a>&nbsp;</p>
<p>&nbsp;</p>

<h2>Team</h2>
<p>Updating..</p>
<h2>Backer</h2>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660150093643.image" /></p>

Team & Backer

<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Oxygen is a DeFi cross-chain platform that provides a decentralized financial solution between Solana and Ethereum, and other blockchains in the near future. Oxygen builds a full-featured DeFi model that includes a wallet, a protocol platform, and a decentralized governance system.&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Oxygen is a DeFi cross-chain platform that provides a decentralized financial solution between Solana and Ethereum, and other blockchains in the near future. Oxygen builds a full-featured DeFi model that includes a wallet, a protocol platform, and a decentralized governance system.</span></p>

<h2>Token Metrics</h2>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Oxygen\r\nTicker: OXY\r\nBlockchain: Solana, Ethereum\r\nToken Standard: SPL, ERC-20\r\nContract: poLisWXnNRwC6oBu1vHiuKQzFjGL4XDSu4g9qjz9qVk\r\nToken Type: Governance.\r\nTotal Supply: 10,000,000,000\r\nCirculating Supply: 35,865,885&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Token Name: Oxygen <br />Ticker: OXY <br />Blockchain: Solana, Ethereum <br />Token Standard: SPL, ERC-20 <br />Contract: poLisWXnNRwC6oBu1vHiuKQzFjGL4XDSu4g9qjz9qVk <br />Token Type: Governance. <br />Total Supply: 10,000,000,000 <br />Circulating Supply: 35,865,885</span></p>
<h2><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Oxygen\r\nTicker: OXY\r\nBlockchain: Solana, Ethereum\r\nToken Standard: SPL, ERC-20\r\nContract: poLisWXnNRwC6oBu1vHiuKQzFjGL4XDSu4g9qjz9qVk\r\nToken Type: Governance.\r\nTotal Supply: 10,000,000,000\r\nCirculating Supply: 35,865,885&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Token Allocation</span></h2>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Oxygen\r\nTicker: OXY\r\nBlockchain: Solana, Ethereum\r\nToken Standard: SPL, ERC-20\r\nContract: poLisWXnNRwC6oBu1vHiuKQzFjGL4XDSu4g9qjz9qVk\r\nToken Type: Governance.\r\nTotal Supply: 10,000,000,000\r\nCirculating Supply: 35,865,885&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}"><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1660150124210.image" /></span></p>
<h2><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Token Name: Oxygen\r\nTicker: OXY\r\nBlockchain: Solana, Ethereum\r\nToken Standard: SPL, ERC-20\r\nContract: poLisWXnNRwC6oBu1vHiuKQzFjGL4XDSu4g9qjz9qVk\r\nToken Type: Governance.\r\nTotal Supply: 10,000,000,000\r\nCirculating Supply: 35,865,885&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}">Token use case</span></h2>
<p>Fees: Fees The protocol charges fees on matches made in its borrow/lending market. Ownership of OXY reduces these fees.</p>
<p>Governance: Each token represents one vote and the token holders will vote on binding governance initiatives related to Oxygen Protocol.</p>

Techinical Data

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     <h2 id="what-is-oxygen-protocol">
      What is Oxygen Protocol?
     </h2>
     <p>
      Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on-chain infrastructure. Oxygen is built around Pools—baskets of assets that take collective actions. Starting with a borrow-lending facility, users will be able to earn yield and get leverage against their portfolios, setting the foundation for a vibrant and decentralised financial ecosystem.
     </p>
     <p>
      The project launched in late 2020 with the release of its mainnet alpha. Oxygen is headquartered in Switzerland and the core team is made up of people who are passionate about building the financial infrastructure of the future. They collectively have decades of fintech experience, with 15 developers located around the world.
     </p>
     <p>
      Oxygen’s ambition is to transform our current model of finance into one that is more accessible, fair and powerful than once imaginable. The first phase of Oxygen is a borrow-lending via a pools-based infrastructure. We next plan to create volatility trading agreements and structured product functions, so that developers can create their own structured products. Our ultimate vision is to recreate marketplace-esque business units which exist within investment banks and make them accessible to everyone.
     </p>
     <h2 id="what-does-oxygen-protocol-offer">
      What does Oxygen Protocol offer?
     </h2>
     <p>
      Oxygen’s first phase will be a borrow-lending protocol. Some key features distinguish Oxygen from its peers:
     </p>
     <p>
      Market-based pricing: Oxygen is built around a pools-based infrastructure, wherein users can create a pool by depositing their assets and marking which ones to lend. Users set their lending parameters, including desired maturity and yield, whether as a market order or limit order. Oxygen will match borrowers and lenders with the Serum DEX on-chain order book (instead of through a pre-set, manually adjusted market model). Users thereby get a fair price for borrowing/lending.
     </p>
     <p>
      Capital efficiency: Oxygen also allows for multiple use of the same collateral. Users can generate yield on their portfolio while borrowing other assets at the same time. Furthermore, users can utilize all of their portfolio across multiple asset types as collateral when borrowing (cross-collateralization). This should mean lower liquidation risk for user portfolios.
     </p>
     <p>
      Streamlined in-pool trading: Since Oxygen allows users to interact with the Serum ecosystem and DEX directly from their pools (rather than having users continually deposit/withdraw from accounts), a streamlined trading process is made possible.
     </p>
     <p>
      Sophisticated products: Because Oxygen uses a general on-chain risk management engine evaluating each user’s pool rather than a fixed borrow/lending model, Oxygen can support arbitrary products: tokens, synthetic products, nonlinear assets, and more; all cross-margined in the same account.
     </p>
     <p>
      Liquidity: Oxygen will also be seeded with the 140M registered users from Maps.me’s user base who will generate yield from their embedded wallets. This will jump start Oxygen as one of the largest fintech applications. We have other liquidity provisions in place too, including support from Alameda and leading HFT firms.
     </p>
     <p>
      Scalability: Oxygen is also built on Solana blockchain, which can support over 50,000 TPS, with block times of 400ms and transaction costs of approx. $0.00001, meaning Oxygen has scalability as a completely on-chain P2P borrow-lending and prime brokerage protocol.
     </p>
     <h2 id="platform-and-technology">
      Platform and Technology
     </h2>
     <p>
      Oxygen protocol is built on the Solana network. OXY will however be available as both an SPL (native) token and ERC-20, supporting full interoperability between Ethereum and Solana.
     </p>
     <p>
      Oxygen will run on Serum DEX and Solana, which feature a fully automated on-chain order book and 50K+ transactions per second at a cost of $0.01 / 100 per transaction
     </p>
     <h2 id="teambackersinvestors">
      Team/Backers/Investors
     </h2>
     <p>
      Oxygen was co-founded by Alex Grebnev and Viktor Mangazeev. Alex Grebnev has over 16 years of investment banking experience (Goldman Sachs and Merrill Lynch). Viktor is a serial technology entrepreneur and has worked as CIO for a number of large companies. Oxygen’s strategic investors include and DeFi ecosystem partners include Alameda Research, Serum, FTX, Genesis Capital, CMS, MultiCoin, and other leading HFT firms.
     </p>
     <h2 id="target-market-geographical-focus">
      Target market (Geographical focus)
     </h2>
     <p>
      We are targeting a number of segments. Our main segment is the general DeFi market and users who are interested in order-book matched, fair borrowing and lending rates (in our first phase) and more sophisticated financial services sets (in our later phases). We are targeting DeFi users all around the world and are running a number of marketing and promotional campaigns across multiple regions to spread awareness of what we’re bringing.
     </p>
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Wrapped Solana (SOL) is a cryptocurrency and operates on the Solana platform. Wrapped Solana has a current supply of 0. The last known price of Wrapped Solana is 98.55748372 USD and is down -0.45 over the last 24 hours. It is currently trading on 11 active market(s) with $2,221,516.43 traded over the last 24 hours. More information can be found at https://solana.com/.

Wrapped Solana

SOL RUNE - Rune.Game

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    <span>
     An ancient rune used in magical craft. It is #12 in the Rune Codex. Rune Game is aiming to be a leading NFT platform in crypto gaming. Rune launches yield farms as a way to acquire NFTs that can be combined into other NFTs called Rune Words. Characters and Guilds on the platform will gain certain farm bonuses or NFT rewards depending on their attributes. We are a fair launch project with no investors, no presale and no premine.
    </span>
   </div>
  </div>
 </div>
</div>

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