The Astar Contribution Score (ACS) campaign is a 100-day incentive program designed to expand ASTR’s utility and boost participation in Soneium’s ecosystem. With 100M ASTR allocated, ACS rewards users for engaging in gaming, consumer applications, and liquidity provision, fostering sustained adoption across the Superchain.
Gitcoin incentivizes open-source development through rewards and grants, using a quadratic funding mechanism for fair fund allocation. Governance is driven by the Gitcoin Token (GTC), allowing holders to participate in voting and governance decisions. With a total token supply of 100 million, GTC holders can stake tokens to gain increased voting power through vGTC. Gitcoin has raised $11.8M across two funding rounds to support its initiatives.
Layerswap provides a fast and cost-effective solution for transferring crypto assets across multiple networks and exchanges, reducing fees and transaction times while simplifying the bridging process. It operates without a formal governance structure or a native token. Layerswap has raised a total of $4 million across three funding rounds, with the latest being a $2.5 million seed investment on November 10, 2022.
Yearn Finance optimizes DeFi yield farming through products like Vaults and Earn, automating strategies to maximize user profits while minimizing complexity and gas costs. Governed by YFI token holders, proposals for protocol changes start on the Yearn Finance forum and require over 50% YFI holder approval to pass. The revamped tokenomics introduce a Vote Escrow mechanism for YFI stakers. Founded by Andre Cronje, Yearn Finance did not raise funds or reserve tokens, operating uniquely without private or public funding rounds.
LayerZero is an omnichain interoperability protocol that facilitates seamless communication and data transfer across multiple blockchain networks. By enabling decentralized applications (dApps) to operate across various chains, LayerZero enhances blockchain interoperability and scalability.
