A peek at 5 early-stage projects to watch
Original author:toffee 24.eth, Cryptographer
Original compilation: Leo, BlockBeats
Original author:
, Cryptographer
Original compilation: Leo, BlockBeats
Recently, the crypto market has shifted to frequent drift. The encryption narrative has changed from the concept of AI to the concept of LSD, from the concept of ZK to the concept of HK. It can be said to be a hot spot in a few days. I believe that family members who have studied and prepared in advance have raised their lips in the frequent hot spots , the encryption researcher toffee 24.eth wrote several recent Alphas, and BlockBeats compiled them as follows:
Do advance research, well-prepared encryption people
OPNX Official is an encrypted claim solution that can handle transaction bankruptcy claims, including failed cryptocurrency projects. Its market Open Exchange is the world's first public market for encrypted claim transactions and derivatives, which can lock users' claims For cryptocurrency trading or margin staking.
The platform was co-founded by Three Arrows Capital's Lianchuang KyleL Davies and Zhu Su. For example, OPNX Exchange’s bankruptcy claims could be against Celsius Network, Voyager, BlockFi, including claims against Three Arrows Capital, which collapsed and entered liquidation last July. The Open Exchange will allow claimants to instantly unlock the value of their claims, trade them for cryptocurrency or use them as margin collateral.
Open Exchange also plans to streamline the claims process and provide a public marketplace for claims transactions.
DPEX is a decentralized perpetual trading platform on Polygon, which provides high-security and low-fee encrypted transactions. Its perpetual contract transactions can be as high as 50 times leveraged, support low swap fees, no expiration date, and multi-asset liquidity , Chainlink Oracle provides dynamic pricing, and users can control their assets and participate in on-chain voting for platform development through the DPEX token of liquidity rewards. There is no trust, no KYC verification is required, and contract audits are carried out in cooperation with CertiK and zokyo.
In terms of ensuring user security, DPEX on Polygon has advantages over other decentralized perpetual trading platforms, because the gas fee on Polygon is cheaper, the execution speed is faster, and the pricing is more accurate.
Swaylend is a decentralized lending platform that allows encrypted users to earn passive income by providing liquidity to the market. It runs on the Fuel Labs consensus layer of Ethereum. Users can provide 6 different encrypted assets as collateral for Lending USDC, the platform is built on Ethereum's redesigned solution, rewritten in the Sway programming language to provide greater security and stability. At present, Swaylend has launched a beta version of Dapp.
Swaylend features are:
-Fuel (beta-2 test network) and Ethereum (Goerli test network) can cross the bridge to carry out arbitrary message transmission between the two networks;
- Fuel (beta-2 testnet) is a shared, public testnet for developers and users. Developers can deploy contracts and users can interact with these contracts;
-Fuel is close to the extensible execution layer from a modular point of view, not constrained by the EVM, allowing to strengthen the inefficient execution environment of the EVM, so as to achieve the maximum degree of decentralization and the highest flexibility of throughput.
Spark Protocol is a new liquidity protocol based on Aave V3 launched by Maker, which aims to provide Maker with a better lending market for borrowing and lending encrypted assets with a focus on DAI. Spark Lend, as its product, will support highly liquid debit Centralized assets are used as collateral, and Maker will also plan to launch the Maker LSD track ETH synthetic version of EtherDAI. Spark Protocol is used to provide a market for EtherDAI to help guide demand.
Spark Protocol, which allows users to borrow any amount of DAI at the Dai Savings Rate (currently 1%), plans to partner with fixed rate protocols such as Element Finance and Sense Protocol to offer market-driven fixed lending rates at scale.
RAMM Procotol is a decentralized risk pricing mechanism protocol that can underwrite and invest in any financial instrument. The agreement consists of three parties: the passive investor, the manager who guarantees the individual, and the user who provides the instrument.
