Backed Finance is a financial platform that bridges traditional assets like stocks and bonds to the blockchain by issuing tokenized representations of these assets as ERC-20 tokens. Each token is fully backed 1:1 by the corresponding real-world security, held by licensed custodians. The platform operates under a regulatory-compliant framework, ensuring legal enforceability and transparency.
Exactly Protocol is decentralized finance platform offering autonomous interest rate markets and enabling both variable and fixed rate exchanges of crypto assets. Its EXA token allows holders to vote on protocol changes and manage the treasury, playing a key role in governance and decision-making. Governance involves a structured voting system with specific token requirements to ensure fair participation. The project, having raised $3 million in a seed round, is backed by various investors, highlighting its strong funding and investment support.
Stargate Finance focuses on cross-chain liquidity and real-time asset transfers across different blockchains. Its tokenomics involve governance participation and incentivizing positive behaviors like liquidity provision. Governed by its token holders through a voting escrow model, Stargate Finance emphasizes community-driven decision-making. Layer Zero Labs, the developer behind Stargate, has raised a significant $135 million in funding, reflecting strong investor confidence and market interest.
USDT0 is an omnichain version of Tether’s USD₮ stablecoin, launched on 16 January 2025 in partnership with LayerZero Labs. It uses the LayerZero Omnichain Fungible Token (OFT) standard and a lock-and-mint design: USD₮ is locked on Ethereum and the same amount of USDT0 is minted on the destination chain, so parity is always 1 USDT0 = 1 USD₮.
