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Synapse

<h2>What is Synapse Protocol (SYN)?</h2>
<p>Previously, Nerve Finance was a DeFi Station for Stablecoins in the BSC system, including 3 main products:</p>
<ul>
<li>Swap: Swap between Stablecoins like USDT, USDC, BUSD,...</li>
<li>Bridge: Cross-chain between the Ethereum network and Binance</li>
<li>Smart Chain.</li>
<li>Liquidity Pool: Stablecoin Pool with APY up to 60%.</li>
</ul>
<p>However, in Nerve Finance, everything is still very limited, especially in Bridge products. That's why in the latest version, Synapse Protocol, the team will improve the Bridge product and bring more opportunities for Liquidity Providers through Farming.</p>
<p>With the explosion of networks in the market, including Layer 1 and Layer 2, Synapse wishes to connect liquidity in all networks together to enhance liquidity and bring the best experience to customers. user.</p>
<p>Here are some of the networks that Synapse Protocol is targeting:</p>
<ul>
<li>Layer 1: Polygon, Avalanche, Solana, Terra, Fantom, Harmony, Moonbeam, Aurora, Moonriver, Polygon.</li>
<li>Layer 2: Optimism, Arbitrum, Boba Network</li>
</ul>
<p>&nbsp;</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://coin98.s3.amazonaws.com/QI4214IT87" alt="Hướng dẫn sử dụng Synapse Protocol chi tiết (2022)" width="605" height="192" /></p>
<h2>Highlights of Synapse Protocol (SYN)</h2>
<p>The first highlight is the ability to swap stablecoins with very low slippage compared to some non-Stablecoin AMMs such as Pancakeswap, MDEX, etc. This is what I mentioned in the Nerve Finance article.</p>
<p>Synapse Protocol will save you a lot in terms of slippage. In the example below, I am swapping BUSD to USDT on two platforms Pancakeswap and Synapse Protocol:</p>
<ul>
<li>For $1,000, Synapse Protocol saved $2.</li>
<li>For $10,000, Synapse Protocol saved $20.</li>
<li>For $100,000, Synapse Protocol saved $200.</li>
</ul>
<p>If your capital is large, it is necessary to use AMM platforms dedicated to Stablecoins.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-10/synapse-compare-1633541883297.png" width="661" height="372" /></p>
<p>The second highlight is the Cross-chain Swap product - allowing you to perform two tasks Swap and Cross-chain right in one transaction.</p>
<p>In the image below, users can Swap USDC (on the Polygon network) to BUSD (Cross-chain to BSC) with just one click.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-10/bridge-swap-synapse-1633541857879.png" width="433" height="433" /></p>
<p>Bridge &amp; Swap feature on Synapse Protocol.</p>
<p>Currently, Synapse Protocol has Stablecoin Pool on 5 chains, Ethereum, Binance Smart Chain, Polygon, Avalanche and Arbitrum (ETH Pool) and also supports 5 similar chains with Bridge feature.</p>
<p>If you have excess capital, you can Farming at Synapse to receive APY about 30%, this is a pretty good profit for Stablecoins.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-10/synapse-pool-1633541823710.png" width="532" height="356" /></p>
<h2>Roadmap</h2>
<p>In the coming time, Synapse's goal is still to integrate many chains and support many assets to help Synapse's Bridge become the best Bridge in the market.</p>
<h2>Read Full Article: <a href="https://coincu.com/currencies/syn-synapse-2/stories/">Click Here</a></h2>

All about

<p>Synapse Protocol is the DeFi Station for Stablecoins on the Binance Smart Chain (BSC) blockchain, which is a new version of Nerve Finance. At Synapse, I highly appreciate two products, Synapse AMM and Cross-chain Swap. With outstanding advantages, Synapse's cross-chain will surely grow stronger and attract more users. If you have a large stablecoin asset, you should choose to swap on Synapse, you will save a sizable fee from low price slippage.</p>

Verdict

<h2>Team</h2>
<p>Currently, the Synapse project development team still does not declare. However, they did reveal the Twitter of 4 team members, which are:</p>
<p>Aurelius: <a href="https://twitter.com/AureliusBTC">https://twitter.com/AureliusBTC</a><br />Socrates0x: <a href="https://twitter.com/Socrates0x">https://twitter.com/Socrates0x</a><br />Caesar0x: <a href="https://twitter.com/caesar0x">https://twitter.com/caesar0x</a><br />Trajan: <a href="https://twitter.com/trajan0x">https://twitter.com/trajan0x</a></p>
<h2>Backers</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-10/synapse-nerve-investor-1633541667345.jfif" width="676" height="253" /></p>

Team and Backers

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     <p>
      What is Synapse?
Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. 
By providing decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem, Synapse powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality - and in so doing enables new primitives based off of its cross-chain architecture.
     </p>
     <p>
      How does the Synapse Network work?
The Synapse network is secured by cross-chain multi-party computation (MPC) validators operating with threshold signature schemes (TSS). The network is leaderless, and maintains security by each validator running the same process upon receiving on-chain events on the various chains that the MPC validator group tracks. Once two-thirds of all validators have collectively signed the same transaction using their own individual key, the network achieves consensus and issues a transaction to the destination chain.
     </p>
     <p>
      The Synapse AMM
The Synapse Network is responsible for responding to on-chain events to submit transactions to any particular destination chain, directing liquidity within the network to its desired location. The Synapse AMM is how the assets that compose that liquidity are transformed into tokens native to the chosen destination chain. 
To do this, the AMM implements a stableswap algorithm to price and re-balance assets within its cross-chain liquidity pools to enable frictionless movement of assets between ecosystems with low slippage. In the future, other implementations may be explored to enhance swapping and bridging efficiency.
     </p>
     <p>
      SYN (Synapse Token)
SYN is the asset that powers the Synapse Ecosystem. It is used for community governance votes via the SynapseDAO, as an incentive for the liquidity providers that enable the protocol's cross-chain functionality, and as a subsidy to pay for the gas expended by network validators to secure transactions across the network. 
Once the Synapse Chain reaches the Archean Phase, SYN will provide economic security for the chain by requiring validators to stake it in order to operate on the network. As the native token of the Synapse Chain, SYN may also be used to pay for transactions within the network as well as for bridging to other chains.
     </p>
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description

<h3 id="section-3">Key Metrics SYN</h3>
<ul>
<li>Token Name: Synapse Protocol</li>
<li>Ticker: SYN</li>
<li>Blockchain: Ethereum, Binance Smart Chain, Avalanche, Polygon.</li>
<li>Ethereum Contract: 0x0f2D719407FdBeFF09D87557AbB7232601FD9F29</li>
<li>BSC Contract: 0xa4080f1778e69467e905b8d6f72f6e441f9e9484</li>
<li>Polygon Contract: 0xf8f9efc0db77d8881500bb06ff5d6abc3070e695</li>
<li>Avalanche Contract: 0x1f1E7c893855525b303f99bDF5c3c05Be09ca2511</li>
<li>Token Type: Utility</li>
<li>Total Supply: 250,000,000 SYN</li>
<li>Circulating Supply: 185,757,619 SYN</li>
</ul>
<h2>Token Allocation</h2>
<p>For the new token, SYN, the team did not plan out the original Allocation as NRV token anymore, but will directly let you convert from NRV to SYN at the rate (1 NRV = 2.5 SYN).</p>
<h2 id="section-6">Token Release Schedule</h2>
<p>Updating......</p>
<h2>Token Use Case</h2>
<p>SYN token will have several applications as follows:</p>
<ul>
<li>Use to export and vote on changes to the platform.</li>
<li>Used during buy back SYN tokens when collecting transaction fees.</li>
<li>Reward Validators in different chains (for Cross-chain functionality).</li>
<li>Reward Liqudity Providers on the platform.</li>
</ul>

Technical Data

Multichain

<h2>What is Multichain (MULTI)?</h2>
<p>Multichain is a Cross-Chain Router Protocol (CRP). This project was rebanded by Anyswap on July 20, 2020 to serve the communication needs between different blockchains. Each blockchain will have its own unique features, its own community, and its own development ecosystem.</p>
<p>Multichain boasts leading advantages in terms of security, speed and user experience. Solutions developed by Multichain allow almost all blockchains to work together. These popular networks have all been integrated or are in the process of being integrated into Multichain.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/01/word-image-414.png" alt="multichain-(multi)-la-gi" width="612" height="328" /></p>
<h2>What blockchain and tokens does Multichain support?</h2>
<h3>Blockchain</h3>
<p>To date, Multichain has established routing channels between 25 blockchains to allow assets between these ecosystems to interact for free.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/01/word-image-415.png" alt="multichain-(multi)-la-gi" /></p>
<h2>Tokens</h2>
<p>Currently, there are more than 1,350 tokens supported by Multichain. Multichain provides significant advantages and competitive services to blockchain and DeFi project parties. Specifically:</p>
<ul>
<li>The problem of multi-chain tokens: By partnering with Multichain, new projects will be able to link their tokens to multiple blockchain ecosystems with a simple operation.</li>
<li>Free Listing: Through the registration channel on the official Multichain website, listing requests can be submitted independently and listed completely free of charge.</li>
<li>Rapid deployment: For projects that have been successfully applied, the implementation will be completed within 3 days to 1 week.</li>
<li>Easy integration: Cross-chain services implemented with Multichain CRP allow easy integration with project applications.</li>
</ul>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/01/word-image-416.png" alt="multichain-(multi)-la-gi" /></p>
<h2>How Cross-Chain Bridge works</h2>
<p>Each Bridge is a link between two blockchains. On the original chain, tokens will be sent to a decentralized management account. On the destination chain, Smart Contracts will mint tokens in a 1:1 ratio with the tokens being held in the account. The specific way it works is as follows:</p>
<p>When a new bridge is created between the two blockchains, MPC nodes create a decentralized management account whose address is used to send assets. This address is controlled only by MPC nodes.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/01/word-image-417.jpg" alt="multichain-(multi)-la-gi" width="577" height="309" /></p>
<p>Besides, MPC nodes will connect to a new Smart Contract on the destination chain for Wrapped Assets. This Smart Contract can be created by a third party or the Multichain team and used to mint new tokens on the target chain or to burn them when the assets are converted back to the original chain.</p>
<p>MPC nodes oversee the decentralized management account. When there is a new token, the node activates the Smart Contract.</p>
<p>If assets are redeemed, Smart Contract Wrapped Assets will be activated by MPC nodes to burn tokens. The MPC node then releases the assets from the decentralized management account and sends them to users on the original chain.</p>
<h2>Roadmap</h2>
<h3>Scope of business</h3>
<ul>
<li>Supports more chains and crypto assets.</li>
<li>Support blockchain ecosystem innovations.</li>
<li>Supports multi-party interoperability in Web 3.0.</li>
</ul>
<h3>Technical upgrade</h3>
<ul>
<li>Cross-Chain Contract AnyCall Support for Third Party Developers</li>
<li>Research on public MPC blockchain network, which will be an infrastructure providing public and public trust services</li>
<li>Develop MPC network studies and upgrade some trusted computing with leading academic institutions.</li>
</ul>
<h3>Ecosystem upgrade</h3>
<ul>
<li>Adds a range of incentive programs to support Web 3.0 innovations, partnerships, and communities.</li>
<li>Expand the Multichain community globally and strengthen DAO governance</li>
<li>Building a global CRP (Cross-Chain Router Protocol) ecosystem</li>
</ul>
<p><strong><em>Read full article: <a href="https://coincu.com/currencies/multi-multichain/stories/">Click here</a></em></strong></p>

<h2>Key metrics token</h2>
<ul>
<li>Token name: Multichain</li>
<li>Symbol: MULTI</li>
<li>Blockchain: Ethereum, Binance Smart Chain, Avalanche, Polygon POS,</li>
<li>Fantom, Arbitrum One, Moonriver,..</li>
<li>Contract Address:</li>
<li>Ethereum: 0x65ef703f5594d2573eb71aaf55bc0cb548492df4</li>
<li>BSC: 0x9fb9a33956351cf4fa040f65a13b835a3c8764e3</li>
<li>Standard: ERC20, BEP20,..</li>
<li>Token Type: Utility, Governance.</li>
<li>Total Supply: 100,000,000 MULTI</li>
<li>Circulating Supply: 18,363,292 MULTI</li>
</ul>
<h2>Token allocation &amp; release schedule</h2>
<p>Updating...</p>
<h2>Token use case</h2>
<p>MULTI will replace ANY to become the governance token on the Multichain ecosystem. MULTI token holders can vote and participate in community and ecosystem governance.</p>
<p>&nbsp;</p>

<p>Bridges are the backbone projects in the infrastructure to create bridges to transfer assets between chains. Bridge projects are still at a difficult stage when consecutively the biggest hacks are aimed at bridges like Wormhole or Ronin Bridge. These are challenges as well as opportunities for bridges to overcome security weaknesses and thereby regain user trust. Multichain is a large and prominent project among bridges on the market with more than 2,000 applications integrated.</p>

<h2>Team</h2>
<p>Updating...</p>
<h2>Backers</h2>
<h3>Investors</h3>
<p>Multichain has raised more than 120 million USD from 11 investors through 2 rounds of funding. Both seed round (December 21, 2021) and venture round (December 2021) with $60 million each, Binance Labs is the leading project.</p>
<p>Famous funds participating in investing in Multichain include Haskey, Three Arrows Capital, Circle Venture (Circle's investment fund - the company that implements USDC), and Tron.</p>
<h3>Partners</h3>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.coin98.com/images/multi-chain-token-supported-apHqVZdKMvyzwewr.png" alt="multi chain token supported" /></p>

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     <h3 id="what-is-multichain-multi">
      What Is Multichain (MULTI)?
     </h3>
     <p>
      As a cross-chain router protocol (CRP), Multichain is an infrastructure for on-chain asset interoperability, envisioned to be the ultimate router for Web3.
     </p>
     <p>
      Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community and its own development ecosystem. For our industry to reach the next level for consumers, we need a fast, secure, inexpensive and reliable way to exchange value, data and exercise control between the chains.
     </p>
     <p>
      The solutions developed by Multichain allow almost all blockchains to inter-operate. There is no restriction to Ethereum like chains (e.g. Binance Smart Chain), or different Layer 2 chains requiring finality to Ethereum (e.g. Polygon), or a network of Parachains (e.g. Moonbeam in the PolkaDot system), or Bitcoin types of chain (e.g. Litecoin), or COSMOS chains (e.g. Terra). These are either now all integrated, or on course for integration. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.
     </p>
     <h3 id="what-makes-multichain-network-stable-and-secure">
      What makes Multichain network stable and secure?
     </h3>
     <p>
      The Multichain network comprises what are called SMPC nodes. They exist separately from any blockchain and collectively sign transactions, but a group of them must do so together and they each only ever know part of the key to make this happen. The SMPC nodes are run by different organisations, institutions and individuals and they are incentivized to perform their functions properly.
     </p>
     <h3 id="how-many-multi-are-there-in-circulation-and-not-in-circulation">
      How Many MULTI Are There in Circulation and not in Circulation?
     </h3>
     <p>
      After rebranding, MULTI replaces ANY to be the governance token. It allows MULTI token holders to vote and participate in the governance of the Community and Ecosystem. The total supply of MULTI is 100 million as the fixed exchange rate for ANY:MULTI is 1:1. ANY circulating supply is 18,639,320, accounting for 18.64% of the total. Once the ANY-MULTI conversion is completed, MULTI circulation should be 18,639,320 whilst the uncirculated accounts for 81.36%, which are currently locked in smart contracts
      <a href="#" rel="noopener nofollow" target="_blank">
       https://etherscan.io/address/0x1722800c0f1bfdf916ef948ef7790a861e90d558
      </a>
      There will be governance votes for MULTI utility in the future. Until then, the tokens will not be unlocked.
     </p>
     <h3 id="how-to-convert-any-to-multi-">
      How to convert ANY to MULTI?
     </h3>
     <p>
      Only ANY can be swapped to MULTI, and this one-way swap is available on three blockchains including ETH, BSC and FTM via Multichain website
      <a href="#" rel="noopener nofollow" target="_blank">
       https://app.multichain.org/#/multi
      </a>
      ANY-MULTI swap rules and procedures:
      <a href="#" rel="noopener nofollow" target="_blank">
       https://medium.com/multichainorg/how-to-convert-any-to-multi-rules-and-procedures-1752385139f1
      </a>
     </p>
    </div>
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Nerve Finance (NRV) is a cryptocurrency launched in 2021and operates on the BNB Smart Chain (BEP20) platform. Nerve Finance has a current supply of 0 with 46,237,771 in circulation. The last known price of Nerve Finance is 0.02254883 USD and is up 5.93 over the last 24 hours. It is currently trading on 12 active market(s) with $164,972.18 traded over the last 24 hours. More information can be found at https://nerve.fi.

Nerve Finance

<p>In the future Nerve Finance will not only work on BSC but also deploy Cross-chain with Solana - the fastest growing ecosystem today with many quality projects. If the implementation is successful, Nerve Finance will be the first Cross-chain DEX on Solana to support a very large number of users from the Ethereum ecosystem and Binance Smart Chain to Solana.</p>
<p>If Curve Finance succeeds in the Ethereum ecosystem, this is an opportunity for Nerve Finance in the Solana system. You can see that Nerve Finance integrates many partners including Ramp DeFi, Eleven Protocol, Zapper Fi,...</p>

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     <p>
      Nerve is an automated market maker (AMM) specifically designed for trading stablecoins and pegged assets on the Binance Smart Chain. Nerve's first pool is launching with a basket of a dollar-pegged stablecoins consisting of BUSD, USDT &amp; USDC.
     </p>
     <p>
      The project was launched March 1st, 2021.
     </p>
    </div>
   </div>
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</div>

<h2>Key Metrics Token NRV</h2>
<ul>
<li>Token Name: Nerve Finance.</li>
<li>Ticker: NRV.</li>
<li>Blockchain: Binance Smart Chain.</li>
<li>Token Standard: BEP-20.</li>
<li>Contract: 0x42F6f551ae042cBe50C739158b4f0CAC0Edb9096</li>
<li>Token Type: Utility, Governance.</li>
<li>Total Supply: 100,000,000 NRV.</li>
<li>Circulating Supply: Updating.</li>
</ul>
<h2 id="section-5"><strong>Token Allocation NRV</strong></h2>
<p><strong><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-05/screenshot-2021-05-05-132050-1620213325673.png" width="789" height="419" /></strong></p>
<h2 id="section-7"><strong>Token Release Schedule</strong></h2>
<p><strong><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-05/image-1620213332936.png" width="878" height="525" /></strong></p>
<h2>Token Use Case</h2>
<ul>
<li>Propose and vote on changes to the NerveDAO system.</li>
<li>Stake NRV tokens to get rewarded with xNRV Staking.</li>
<li>Provide liquidity to the Pancake Pool in the NRV-BUSD pair.</li>
</ul>
<p>&nbsp;</p>
<p>&nbsp;</p>

<h2>TEAM</h2>
<p>Updating......</p>
<h2>BACKERS</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-05/eyun7cwweaapiff-1620213362965.jfif" width="1282" height="480" /></p>

<h2>What is Nerve Finance (NRV)?</h2>
<p>Nerve Finance is an AMM platform built on Binance Smart Chain that allows you to trade with the lowest slippage. Currently, the platform is supporting swaps with BTC, ETH and stablecoins such as BUSD, USDT, USDC.</p>
<p>Nerve Finance's products include:</p>
<ul>
<li>Swap: Trade with low slippage and low fees on BSC.</li>
<li>Bridge: A bridge tool to help transfer assets between Ethereum Chain and Binance Smart Chain.</li>
<li>Liquidity Pool: A place for you to mine stablecoin liquidity.</li>
</ul>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1659338302229.image" width="871" height="379" /></p>
<h2>Nerve Finance (NRV) Highlights</h2>
<p>The highlight of Nerve Finance is its significant slippage resistance for stablecoins.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-05/screenshot-2021-05-05-125435-1620213315525.png" width="854" height="505" /></p>
<p>With 100,000 USDC to USDT trading at:</p>
<p>PancakeSwap: Slippage costs $820.<br />Nerve Finance: Slippage lost $50.</p>
<h2>Roadmap</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-05/screenshot-2021-05-05-132948-1620213356305.png" /></p>
<p><strong>Read Full Article: <a href="https://coincu.com/currencies/nrv-nerve-finance/stories/">Click Here</a></strong></p>

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