Ra Exchange stands out with its use of the Solidly (3,3) ve model and concentrated liquidity pools, allowing providers to optimize their investments by focusing on high-activity price ranges. Its tokenomics feature the RA token, which encourages long-term engagement through mechanisms like rebase rewards and the creation of veNFTs and xRA tokens. Governance is driven by veNFT holders, who have voting rights on key protocol decisions. The exchange is self-funded, maintaining independence from external financial pressures.
Metal X is a DEX developed by Metallicus, allowing users to trade digital assets without a central authority, enhancing control and security over funds and private keys. It uses Metallicus-wrapped xTokens for cross-chain trading across different blockchain networks. Metal X lacks a formal governance process and does not currently have a token. In 2023, Metallicus completed its Series B funding for an undisclosed amount.
DIA is a cross-chain oracle provider that aggregates market data from diverse sources to ensure transparency and customizability. It offers resilient price feeds for over 20,000 assets, including ERC20s, NFTs, RWAs, LSTs, and BRC20s. Nodes and stakers use DIA tokens for data collection and network security, while oracle users pay for data services. Revenue from these services is distributed to nodes and stakers. DIA is funded through the sale of governance tokens and raised $15 million in August 2020.
The Grants Council serves by delegation from Token House to review and process Delegate Mission Applications in accordance with the Council’s Internal Operating Procedures. It ensures a streamlined and transparent process for grant applicants while maintaining accountability to the community. The Council aims to assess grant recipients’ milestone achievements and reduce delegate workload to focus on high-impact votes. Reports will be published at the end of each review cycle and season.
