Friend.tech is a decentralized social platform that integrates social engagement with financial markets. It allows investment in influencers' "shares" for exclusive access to chat rooms, transforming crypto trading into a social experience. The platform, which tokenizes individuals' social presence, has introduced a points system that may translate into tokens, incentivizing positive behavior. Governance is centralized, managed by the Friend Tech team. It had seen significant activity, with transactions worth approximately $57.1 million, indicating a strong market presence and user growth.
Uniswap is a DEX protocol for ERC-20 tokens that features concentrated liquidity and community-driven governance through its UNI token. With a total supply capped at 1 billion tokens, UNI holders influence protocol changes and earn rewards through governance participation and liquidity provision. Initial funding included a grant from the Ethereum Foundation and a seed round led by Paradigm, which supported its development and growth in the decentralized finance (DeFi) ecosystem.
Aave offers a decentralized, non-custodial liquidity protocol for lending, borrowing, and earning interest on crypto assets. Its community-driven governance process involves AAVE, stkAAVE, and aAAVE token holders in decision-making. Ideas are discussed in the Aave Governance Forum, polled on Snapshot, and, if supported, become Aave Improvement Proposals (AIPs). AAVE tokens, capped at 16 million, are used for governance and protocol security.
Dolomite is a decentralized money market and trading protocol that offers capital-efficient lending, borrowing, and trading solutions. It allows users to lend, borrow, trade, margin, and hedge various crypto assets with greater capital efficiency and broader asset support than other protocols.
