Sturdy Finance introduces a new approach to creating liquid money markets for any token through a unique two-tier architecture. This design isolates risk between assets while preventing liquidity fragmentation, featuring risk-isolated pools at its base and an aggregation layer that enables lenders to choose suitable collateral assets for their deposits. The governance token of the platform, $STRDY plays a pivotal role in overseeing the Sturdy protocol's operations. Governance is primarily driven by $STRDY holders.
Comet Protocol is a cross-chain communication aggregator designed to seamlessly connect Ethereum, Bitcoin, and other Layer 1 blockchains. Inspired by the enduring nature of comets, the protocol aims to enable secure, continuous, and uninterrupted asset transfers across multiple blockchain networks. Its mission is to foster an interconnected and scalable blockchain ecosystem, breaking down barriers between isolated networks to accelerate decentralized finance adoption. The project is currently self-funded and does not have a formal governance process in place. Comet Protocol has not yet issued a token, with the tokenomics still in development.
UTU Protocol is a decentralized trust infrastructure designed to enhance online interactions by providing personalized and contextually relevant trust signals. By leveraging artificial intelligence and blockchain technology, UTU aims to replace traditional anonymous ratings and reviews with more reliable trust mechanisms.
Backed Finance is a financial platform that bridges traditional assets like stocks and bonds to the blockchain by issuing tokenized representations of these assets as ERC-20 tokens. Each token is fully backed 1:1 by the corresponding real-world security, held by licensed custodians. The platform operates under a regulatory-compliant framework, ensuring legal enforceability and transparency.
