Token Terminal, founded in 2020 and based in Helsinki, Finland, is a data analytics platform that standardizes financial and alternative data from blockchains and decentralized applications.
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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.
SwapMode offers real yields from protocol-generated swap fees, and enabling transactions at significantly lower costs. Its dual-token system, involving $SMD for transactional purposes and $xSMD for staking and earning real yield, incentivizes user participation and ensures a fair value distribution within its ecosystem. Governance is democratized through $xSMD token holders, who have voting rights on key decisions, promoting a decentralized and community-driven decision-making process. Unlike many of its counterparts, SwapMode is self-bootstrapped, emphasizing its commitment to innovation, efficiency, and community engagement without relying on external funding.
Polynomial Trade is an on-chain derivatives platform with a focus on perpetual futures, enhanced by the security of the Synthetix protocol and the Optimism Network. Its distinctive approach using polynomial functions for price prediction allows traders to make more dynamic market decisions. Although currently without a governance structure or a live token, the potential introduction of a token could benefit the platform by incentivizing user engagement and capturing value. Polynomial has raised two successful funding rounds, raising $1.10 million in a Pre-Seed round and securing further investment in a Seed round, with backing from several notable investors and capital firms.
