Orbiter Finance is a decentralized cross-rollup bridge facilitating rapid, secure, and cost-effective transfers of Ethereum-native assets across various Layer 2 networks and Ethereum Virtual Machine (EVM)-compatible chains. By enabling seamless interoperability between these networks, it enhances the efficiency and scalability of decentralized applications (dApps) within the Ethereum ecosystem.
Owlto Finance is decentralized Cross-Rollup bridge, focusing on enabling direct and efficient asset transfers between Rollups. This approach circumvents the traditional need for assets to move through the mainnet, reducing transaction times and costs, and catering specifically to the DeFi, NFT, and DEX sectors' need for seamless Layer 2 asset mobility. Owlto Finance operates without its own token and is self-bootstrapped.
RubyScore is a decentralized onchain ranking protocol that evaluates wallet reputation based on various blockchain metrics. It encourages user engagement by motivating users to improve their onchain reputation through daily tasks. While RubyScore currently has no governance process or token, it generates revenue through a fee-based API for wallet identification, transaction fees for NFT rewards and minting profiles, and services like deferred transactions, the RubyScore ranking passport, and Verax Proof of Humanity attestation. It has received funding from Gitcoin Grant 20 and Optimism Retroactive Public Goods Funding 4.
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.
