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.
Sky Strife is a fully on-chain real-time strategy game, offering a unique and immersive multiplayer online battle arena experience focused on strategic gameplay and character customization. Developed by Lattice and funded by grants from organizations like the 0xPARC Foundation and the Optimism Foundation, Sky Strife uses orbs as its sole resource. Orbs, an ERC-20 token, are used to create matches. Initially, 100 million orbs were minted into the Sky Pool, with no additional orbs to be created. Creating matches costs 100 orbs and rewards players based on their rank and recent match activity. Sky Strife has not yet established a formal governance process.
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