Altcoins
Altcoin is one of the most dynamic and controversial sectors in the crypto world. If you already know enough about mainstream coins such as BTC and ETH, you might as well step out of your comfort zone and take an exciting trip to the cutting edge of the crypto 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.
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.
BENQI is a leading decentralized finance platform built on the Avalanche network that offers lending, borrowing, and trading services with dynamic interest rates and an automated DEX.
The Theta Network is a decentralized video delivery platform that offers high-quality streaming and incentivizes users for sharing bandwidth and content.
As the first decentralized exchange (DEX) on Ethereum to support automatic market maker (AMM), Bancor supports instant and low-cost cryptocurrency transactions. In 2020, Bancor introduced unilateral staking and 100% impermanent loss solutions for AMM, allowing users to benefit from lower-risk solutions.
ZEC (Zcash) was launched on October 28, 2016, and belongs to the category of privacy coins in the cryptocurrency market.
ZEC is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still maintaining a decentralized network on a public blockchain.
Similar to BTC, ZEC has a total supply of 21 million. However, unlike BTC, transactions on ZEC automatically hide the sender, receiver, and amount on the blockchain, and only those with keys can see the content of transactions. Users have full control over their keys and can choose to provide them to others to view the information.
ZEC can be seen as a branch of BTC, as it retains the original BTC model and is based on modifications to a version of the Bitcoin code.
As the world's second-largest AMM platform, Curve gains popularity among users for its technology and development as well as its incentive-based financial ecosystem. In the newly released whitepaper of crvUSD stablecoin, Curve proposes a novel smooth liquidation mechanism, which greatly enhances its competitiveness and attractiveness, demonstrating the large potential to become the world's first AMM platform to issue stablecoins in the near future.
As a blockchain project, Solana aims to optimize network scalability and increase speed, and adopts a unique proof of history algorithm to significantly improve the efficiency of on-chain transactions and sequencing.