USDT0 is an omnichain version of Tether’s USD₮ stablecoin, launched on 16 January 2025 in partnership with LayerZero Labs. It uses the LayerZero Omnichain Fungible Token (OFT) standard and a lock-and-mint design: USD₮ is locked on Ethereum and the same amount of USDT0 is minted on the destination chain, so parity is always 1 USDT0 = 1 USD₮
Pyth Network provides decentralized oracle services for DeFi and blockchain applications, ensuring reliable price feeds by leveraging a network of data providers. Governance is managed through PYTH token holders who stake tokens for voting power via the Pyth DAO Realms platform. With a total token supply of 5.2 billion PYTH tokens, funding includes private sales to support strategic contributors.
Arkada is a web3 Quest-to-Earn platform powered by reputation. It provides users with an interactive playground where they can engage with content in unique ways. ASTR will be utilized as rewards for quests in this platform.
Public Nouns DAO supports public goods by auctioning one NFT every 12 hours, generating a continuous stream of ETH for its treasury. This funding mechanism ensures a steady flow of resources, which are allocated to various projects through a transparent governance process. Community members discuss proposals on Discord, refine them on the forum, and vote on viable ideas on-chain, with each NFT representing one vote. Initial funding was bootstraped through these auctions, leveraging community decision-making to align projects with the DAO's mission of promoting public goods.