Aave offers a decentralized, non-custodial liquidity protocol for lending, borrowing, and earning interest on crypto assets. Its community-driven governance process involves AAVE, stkAAVE, and aAAVE token holders in decision-making. Ideas are discussed in the Aave Governance Forum, polled on Snapshot, and, if supported, become Aave Improvement Proposals (AIPs). AAVE tokens, capped at 16 million, are used for governance and protocol security.
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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.
Jefe have developed a comprehensive infrastructure supporting voting, news, podcasts, and e-magazines while showcasing talents in paintball and American football. Users earn reward points, receive airdrops, and increase voting power to influence Web3 activities. Available on Google Play Store and the web, the app enables voting on various content. Their token distribution includes 5% for marketing, 5% for the foundation, 10% for development, 30% for listings/liquidity pool, 30% for burn reserves, and 20% for the community. Funding sources include trading fees, NFT sales, and collaborations.
Hedgey Finance is a unique onchain token distribution platform offering services to distribute tokens to teams, contributors, investors, and communities. Its custom dashboards simplify tracking, managing, and claiming tokens, catering to a range of needs like investor lockups and community token claims. Hedgey is notable in the DAO community, assisting major entities like Gitcoin, Gnosis, and Shapeshift in managing token tables efficiently.
