Gelato Network is a decentralized backend for web3, offering automation, gas optimization, and off-chain operations for smart contracts. Its Rollup-as-a-Service (RaaS) platform supports over 50 rollups with built-in web3 services. Governed by a DAO, GEL token holders influence decisions through proposal discussions and Snapshot voting. The GEL token, with a total supply of 420,690,000, is allocated to community development, the team, private investors, and public sale. Gelato has raised $23.2 million in funding to expand its RaaS platform and enhance scalability for leading web3 projects.
Morpheus.Network focuses on optimizing and automating enterprise supply chain operations for companies and government organizations. Their platform uses technologies like ML/AI, IoT, and blockchain, integrating with over 150 leading companies, including SAP, DHL, and Fedex. Morpheus.Network enhances revenue through digitization, process automation, data protection, and resolving legacy supply chain issues. The platform's MNW token, used for executing smart contracts, facilitates logistics and international payments. The project is self-funded with donations from Google, Microsoft, and SAP. A DAO is in development for trust.supply.
Yearn Finance optimizes DeFi yield farming through products like Vaults and Earn, automating strategies to maximize user profits while minimizing complexity and gas costs. Governed by YFI token holders, proposals for protocol changes start on the Yearn Finance forum and require over 50% YFI holder approval to pass. The revamped tokenomics introduce a Vote Escrow mechanism for YFI stakers. Founded by Andre Cronje, Yearn Finance did not raise funds or reserve tokens, operating uniquely without private or public funding rounds.
Obligate is a blockchain-based platform that enables companies to issue on-chain bonds and commercial papers, providing a decentralized and regulated environment for corporate debt financing. Built on the Polygon blockchain, it combines the efficiency of smart contracts with traditional financial regulations to streamline the bond issuance process.
