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Extra Finance, a community-driven leveraged yield farming (LYF) protocol on OP Mainnet and Base. Extra Finance integrates with major DEXs like Velodrome, providing diverse farming strategies and catering to various risk profiles. The protocol uses two tokens, $EXTRA for liquidity provider rewards and $veEXTRA for governance, with $veEXTRA holders influencing decisions and enjoying benefits like higher leverage and access to exclusive pools. Governance is community-focused, with $veEXTRA token holders having significant input in the protocol's direction. Remarkably, Extra Finance is self-bootstrapped, relying on its own resources rather than external funding, showcasing its commitment to organic growth and independence in the DeFi space.
DexToro is a decentralized blockchain protocol offering permissionless, non-custodial on-chain derivatives trading through its flagship product, DexToro Exchange. It combines the transparency of decentralized exchanges with the speed of centralized platforms, enabling secure trading on Ethereum using audited smart contracts. The DTORO utility token drives DexToro's ecosystem, supporting staking, trading rewards, and governance. Token holders earn protocol revenue, boosted rewards, and can vote on upgrades and listings. Backed by angel investors and venture capital, DexToro has raised $500,000 across a pre-seed round, ICO, and token sales, with plans to expand further through its ongoing Seed Round OTC Token Sale.
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.
Orderly Network sets itself apart with its innovative orderbook-based trading infrastructure and a comprehensive liquidity layer, catering to both spot and perpetual futures markets without a conventional frontend. This design choice positions Orderly as a foundational component for other projects to build upon, enhancing the ecosystem's functionality. Currently, Orderly does not utilize its own token but hints at future engagement through Galaxe quests, suggesting potential token airdrops as a method to reward and incentivize user participation. Despite lacking a formal governance structure, with all decisions made by the core team, Orderly has successfully secured $20 million in strategic funding from leading investors like Pantera Capital and Sequoia China, among others, underscoring its significant promise and support within the DeFi community.
