BakerySwap is a next-generation automated market maker (AMM) and decentralized exchange (DEX) on Binance Smart Chain (BSC). Powered by the native BakerySwap token (BAKE), BakerySwap is one of several new protocols to combine many popular features into a single, easy-to-use platform. By providing liquidity to the BakerySwap protocol, users earn BAKE rewards from trading fees. Also, BAKE can be used to vote in protocol governance proposals. BakerySwap is a multi-functional crypto hub that offers a range of decentralized finance (DeFi) services, along with a crypto launchpad and non-fungible token (NFT) supermarket.
Spartan Protocol is a community-driven automated market maker (AMM) that facilitates synthetic asset creation, incentivized liquidity, and asset swaps. One of many recent features of the ever-expanding Binance Smart Chain (BSC) and Binance ecosystem, Spartan Protocol uses the native SPARTA token as a common base asset across the platform. Furthermore, the SPARTA token creates an internal pricing system, meaning the project can operate without the use of external oracles.
In recent weeks, we have witnessed a huge surge in the participation and total value locked (TVL) in decentralized finance (DeFi). In particular, projects within the Binance ecosystem have seen a massive spike in users and popularity. Launched on Binance Smart Chain (BSC) in September 2020, BurgerSwap is a democratized automated market maker (AMM) built on Binance Smart Chain (BSC) with Binance Smart Chain MetaMask utility. It has since become a popular decentralized exchange (DEX) for cross-chain token swaps. Users of the BurgerSwap platform can swap between BEP-20 and ERC-20 tokens without friction. Also, the BURGER token allows users to participate in governance and earn BurgerSwap token (BURGER) mining rewards! Furthermore, this is achieved in a way that is familiar to users of popular DEXs such as Uniswap.
Non-fungible tokens (NFTs) and blockchain gaming have quickly become popular trends in the crypto industry. Introducing crypto through an innovative, fun, and engaging platform, The Sandbox is bringing blockchain to the masses. It’s an exciting time of growth and innovation in the industry, with the SAND token reaching new all-time-highs and The Sandbox games becoming more popular than ever!
OpenSea is a decentralized non-fungible token (NFT) marketplace for buying, selling, and trading NFTs. In fact, OpenSea brands itself as the biggest marketplace for digital goods. As such, it’s worth taking a closer look at OpenSea and what the platform adds to trading NFTs. Moreover, this article explains how to use OpenSea, as well as what NFTs are. The difference between fungible tokens and NFTs is that they have unique characteristics and identifiers and are not interchangeable. Another way to think of them is that NFTs represent things, not currencies.
Axie Infinity is a “Pokémon-inspired” digital universe and blockchain gaming platform for creating digital environments and raising pets known as “Axies”. Skilled gamers can earn Axie Infinity Shards (AXS) by contributing to the platform and participating in battles and tournaments with their pets. Axie Infinity allows users to trade NFTs and exchange in-game items, with more than 25,000 ETH traded within the Axie Infinity Marketplace. Also, Axie Infinity is ranked as the #1 Ethereum game with over 19,000 monthly active users, and more than 6,400 ETH generated in revenue! Furthermore, Axie Infinity, along with the Axie Infinity token (AXS) allows players to monetize digital property ownership and brings a great deal of utility to the platform.
Solana has been among the top-performing cryptocurrencies since the turn of the year, with Solana’s SOL token slowly creeping up the crypto market cap ranks. Perhaps most notably, Solana brands itself the fastest blockchain in the world. This comes from the fact that the Solana blockchain produces a block every 400 milliseconds, something made possible even without the use of sharding. The Solana token has been mentioned frequently across several crypto mediums, outlets, and influencers recently. But what does the Solana blockchain do? And why has the Solana token seen so much recent success?
The Statera ecosystem has gained recent success and adoption as the interest in the Statera (STA) token has risen steadily over the past few months. Statera makes it easy to invest in an array of digital assets through the use of one simple token. But how does Statera achieve this? Moreover, Statera is working toward becoming the world’s first decentralized deflationary currency, with the potential of bringing sound money policy to any financial asset! So, how is this possible?
The options for cryptocurrency investors have improved dramatically in just a few years. Many initial coin offerings (ICOs) shone a dim light on early access to crypto projects for the average investor. This made it difficult for many smaller crypto projects to gain access to capital safely. However, this has all changed with the introduction of the crypto launchpad model. Both investors and projects are now choosing the route of the token launchpad project or a crypto incubator for token launches.
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