MintSwap is a decentralized exchange (DEX) and NFT marketplace on the Mint blockchain, offering token trading, NFT transactions, and NFTFi services. As the first native DeFi protocol on Mint, it supports the development of Mint-native teams and tokens. Governance is community-driven, with MS404 token holders participating in decision-making. The platform's tokenomics feature MS404, an ERC-404 standard token combining ERC-20 and ERC-721 characteristics. The MS404 collection includes 10,000 unique NFTs, each convertible into 10,000 MST tokens, MintSwap's native currency. The total supply is fixed, with 60% allocated to mining rewards, 30% to pre-sale, and 10% to initial liquidity. MintSwap is self-bootstrapped.
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Extra Finance, a community-driven leveraged yield farming (LYF) protocol on OP Mainnet and Base. Extra Finance integrates with major DEXs like Velodrome, providing diverse farming strategies and catering to various risk profiles. The protocol uses two tokens, $EXTRA for liquidity provider rewards and $veEXTRA for governance, with $veEXTRA holders influencing decisions and enjoying benefits like higher leverage and access to exclusive pools. Governance is community-focused, with $veEXTRA token holders having significant input in the protocol's direction. Remarkably, Extra Finance is self-bootstrapped, relying on its own resources rather than external funding, showcasing its commitment to organic growth and independence in the DeFi space.
Meme Coin Generator is a platform that allows individuals, businesses, and communities to create and launch meme coins on the OP Mainnet without needing technical skills. It operates without a governance process and does not have a native token. The project is self-funded and bootstrapped.
Farcaster distinguishes itself as a decentralized social network built on an open protocol, facilitating seamless identity transfers across applications and enabling Ethereum-linked messaging with NFT functionalities. Currently without its own token, there's buzz about an upcoming airdrop. Governed by a rough consensus and running code, it involves a collaborative process among developers, hub runners, app developers, and users, with decisions made through the Farcaster Improvement Proposal (FIP) process. Financially supported by a $30 million funding round led by a16z and including notable investors like Coinbase Ventures and Multicoin Capital, Farcaster stands out for its innovative approach to governance and strong backing, marking its place in the decentralized social networking realm.
