Gitcoin incentivizes open-source development through rewards and grants, using a quadratic funding mechanism for fair fund allocation. Governance is driven by the Gitcoin Token (GTC), allowing holders to participate in voting and governance decisions. With a total token supply of 100 million, GTC holders can stake tokens to gain increased voting power through vGTC. Gitcoin has raised $11.8M across two funding rounds to support its initiatives.
Valora is a mobile-first crypto wallet focused on intuitive user experience, making digital assets easy to use and accessible. It has no formal governance process or native token. In July 2021, Valora raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Polychain Capital, SV Angel, Valor Capital Group, NFX, and Nima Capital.
Velodrome Finance is an automated market maker (AMM) and integrates features from Curve, Convex, and Uniswap to establish itself as the primary liquidity hub for OP Mainnet. It boasts unique functionalities like a self-optimizing liquidity flywheel and NFTs representing liquid locked positions, directing 100% of protocol incentives and fees to its voters.
