.avif)
X Protocol is a Web3 gaming blockchain on Base Layer 2, offering players more control and investment opportunities. It uses $KICK as its native gas token, providing stakers with benefits like airdrops and yields. Game volume supports $KICK's value through buybacks. X-Protocol raised $5 million from Dragonfly, Cogitent Ventures, and Coinfund.
Angle is a decentralized, over-collateralized stablecoin protocol designed to issue stablecoins like EURA (€) and USDA ($), backed by diversified reserves. It features modules for borrowing, price stability, and savings, ensuring liquidity, resilience, and yield opportunities for stablecoin holders. Governed by a DAO through veANGLE, the protocol supports cross-chain liquidity and open development.
Propex is a blockchain-based platform that facilitates the tokenization of real estate assets, enabling property owners to convert their holdings into digital tokens. This process allows for seamless buying, selling, and borrowing against properties within a decentralized finance (DeFi) ecosystem.
Synthetix operates as a decentralized liquidity layer on Ethereum and Optimism, revolutionizing the trading of synthetic assets and perpetual futures without traditional order books. Its native token, SNX, is crucial for staking, governance, and earning a share of trading fees. The governance structure of Synthetix involves a collaborative model with community members, core contributors, and elected councils and committees, ensuring a fair and transparent decision-making process. Funding milestones include raising $250,000 in a Seed Round, $610,000 in a Pre-Sale, $23.42 million in a Private Sale, $5.3 million in a Public Sale, and $3.8 million in Partnership Incentives, along with $12 million in later funding rounds. Additionally, Synthetix's strategic collaboration with Optimism brought in an allocation of 9 million tokens, earmarked for distribution to its user base.
