Herocast is an open-source Farcaster client aiming to decentralize internet power. It helps professionals accomplish tasks on-chain through herocast.xyz. Governed by rough consensus and running code, Herocast has no token and is funded by Retro initiatives and donations.
Sonex is a DeFi protocol built on the Soneium blockchain. It aims to reconstruct the entire decentralized finance framework by addressing fragmentation, centralization issues, and misaligned product goals.
stVol is a crypto options platform specializing in short-term, zero-day-to-expiry (0DTE) options, offering high-leverage trades with win-or-lose outcomes and no margin calls. It currently doesn't have a governance process or a token, but a token will be announced in Q4 2024, with benefits calculated based on early participation. Backed by investors like Altos Ventures and former professionals from Goldman Sachs, Morgan Stanley, and Deutsche Bank, stVol has strong financial backing from its pre-seed investment round.
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.
