Altcoins

With the final date for Ethereum’s Shanghai Upgrade set for April 12, 2023, the transaction speed on the Ethereum network will once again be increased, transaction fees will be reduced, and staking with a flexible unlocking method after the upgrade will bring long-term benefits to stakers. Layer 2, as a scaling solution for Ethereum, may once again come into the spotlight with the upgrade, along with various opportunities emerging in the Layer 2 sector. As the leading project of the Layer 2 optimistic rollup solution, Arbitrum airdropped its governance token ARB on March 23, 2023, signaling a massive leap towards greater decentralization. Let's explore how Arbitrum uses rollups to make waves in Layer 2.

SingularityNET is a decentralized marketplace for artificial intelligence services, aiming to democratize AI and facilitate collaboration among developers.

Discover Theta Fuel (TFUEL), a driving force within the Theta Network ecosystem, a decentralized video streaming platform powered by blockchain technology. TFUEL facilitates payments, smart contract executions, and relayer rewards, with its new crypto-economics design, including staking and burning mechanisms to expand network capacity and use cases. Learn about TFUEL's role in revolutionizing decentralized media streaming.

TrueFi (TRU) is an uncollateralized DeFi lending protocol focused on bringing a new perspective to the credit market with an innovative approach centered on reinforcing the lending industry.

Liquity is a decentralized lending protocol built on Ethereum, allowing users to deposit ETH as collateral to a Trove to obtain interest-free loans which are paid out in the USD-pegged stablecoin LUSD. Users can deposit LUSD into Liquity's Stability Pool to earn income.

MonaCoin is an open-sourced, decentralized cryptocurrency that utilizes a peer-to-peer network designed to facilitate fast and secure digital payments. The token is famous in Japan.

Loopring, also known as LRC, is a decentralized matching protocol that was launched in Q3 of 2017. It utilizes smart contracts and off-chain mechanisms for order matching and execution of transactions. The protocol operates on a zero-risk token exchange model, enabling multiple exchanges to compete for off-chain matching and on-chain settlement of similar orders, all powered by decentralized technology.

AirDAO empowers users to easily access and benefit from decentralized applications via a community-governed ecosystem, using the AMB as a utility and governance token while streamlining Web3 complexities.

Pax Dollar (USDP) is a Paxos-minted stablecoin pegged to USD, created for secure transactions with minimal volatility.

Blur is an NFT market aggregator protocol designed for professional traders, facilitating the execution of batch trades and management of NFT investment portfolios with ease.

FRAX (Fractional-Algorithmic Stablecoin Protocol) is a decentralized, partially collateralized stablecoin launched on Ethereum and pegged to the US dollar. FRAX was fully collateralized at genesis, with the purpose of transitioning to be fully algorithmic. The FRAX protocol is the first fractional-algorithmic stablecoin protocol. FRAX is open-source, permissionless, and completely on-chain. It will possibly be implemented cross-chain in the future. The ultimate goal of the FRAX protocol is to provide a highly scalable, decentralized, algorithmic currency to replace fixed-supply digital assets such as BTC. Frax Shares (FXS), the governance token of the FRAX protocol, was launched in 2020 with a total supply of 100 million.

Stacks, a layer-1 blockchain, is used by Bitcoin to support DeFi, NFTs, apps, and smart contracts.

Binance USD (BUSD) is a stablecoin pegged to the US dollar, issued by Binance, one of the world's largest cryptocurrency exchanges.

Verse Network by STP is a DAO ecosystem offering accessible decentralized decision-making tools for communities and organizations, in a bid to facilitate DAO adoption and support.

Samoyedcoin (SAMO) is a famous meme coin built on the Solana network to be a fun asset type, owned and managed by the community and effective in onboarding new market participants, and a publicity tool for Solana.