

Balancer is a decentralized automated market maker (AMM) protocol for programmable liquidity, supporting various swap curves and pool types. Governance begins with a Request for Comment on the Balancer forum, progresses to a formal proposal, and is voted on via Snapshot. Voting power comes from holding BAL tokens or delegated voting power, with a quorum of 2 million veBAL needed. BAL tokenomics include a 100 million token cap and the vote-escrowed BAL system, encouraging long-term holding. Balancer has raised $32.3 million across three funding rounds, with the latest on May 27, 2021.



Valora is a mobile-first crypto wallet focused on intuitive user experience, making digital assets easy to use and accessible. It has no formal governance process or native token. In July 2021, Valora raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Polychain Capital, SV Angel, Valor Capital Group, NFX, and Nima Capital.


Sake Finance is a decentralized liquidity protocol built on Soneium. It offers a suite of integrated financial products—including lending, over-collateralized stablecoin issuance, and leveraged liquidity strategies—to optimize capital efficiency and streamline decentralized finance operations.
