The Final Reveal Potential Token Listings on Bitazza for Voting at Freedom DAO
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🪙 SSV from ssv.network
SSV is the native utility token that plays a critical role in operating and maintaining the SSV platform that facilitates the first secure way to split an Ethereum validator key between non-trusting operators. SSV is used for validator registration fees, rewarding SSV Network operators, and incentivizing nodes to maintain uptime and provide high-quality services. SSV tokens can also be staked by the community to support the platform’s development and operations, thus ensuring a decentralized governance model.
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ssv.network, or SSV Network, is a decentralized staking infrastructure designed to enable the distributed operation of an Ethereum validator node and improve the efficiency and security of Ethereum’s proof-of-stake (PoS) consensus mechanism.
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SSV Network is a intermediary layer that operates between a Beacon Chain node and a validator that utilizes the Secure Secret Sharing (SSS) scheme, which allows validators to split their private keys into multiple KeyShares, which are then distributed among multiple nodes. This approach ensures the security of the validator’s private key, as it cannot be reconstructed without the majority of its shards. Furthermore, the SSV Network benefits from increased performance, as it allows nodes to reach consensus on the next block faster than the traditional Ethereum 2.0 PoS consensus mechanism.
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SSV Network has attracted considerable attention due to its potential to strengthen Ethereum 2.0’s security and efficiency. Its unique approach to key management makes it highly resistant to both online and offline attacks. SSV Network’s increased performance also enables Ethereum to scale more effectively, thereby addressing one of the major challenges facing the Ethereum ecosystem.
🪙 STX from Stacks
STX is the native utility token that facilitates transactions and smart contract execution on the Stacks blockchain. Additionally, STX is used to pay transaction fees and can be locked directly on the network to earn BTC rewards in a process called stacking, integral to Stack’s proof-of-transfer consensus mechanism, which helps secure and operate the network.
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Stacks aims to enhance the Bitcoin blockchain by acting as a Layer 1 ecosystem directly anchored to the Bitcoin network that increases Bitcoin’s utility by facilitating the execution of DApps and smart contracts on the Bitcoin platform.
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Stacks uses a proof-of-transfer consensus mechanism that requires users to transfer BTC tokens for the chance to earn STX tokens as a reward for writing blocks on the STX blockchain; additionally, STX block writers earn a share of smart contract execution fees and transaction fees for each block they write.
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By adding Smart Contract capabilities to the Bitcoin ecosystem, Stacks allows developers to build smart contracts and DApps that can utilize BTC as collateral, with the final settlement of transactions ultimately occurring on the Bitcoin blockchain. This opens up potential DeFi use cases like decentralized Bitcoin lending and Bitcoin-backed stablecoins, all on the Bitcoin blockchain.
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The total supply of STX is 1.82 billion tokens, with 1.37 billion unlocked.
STX has a fixed, predictable future supply that halves every 4 years (like Bitcoin). The total STX supply will reach 1.82B by year 2050.
🪙 TRX from TRON
TRX is the native utility token of the TRON network, which serves as the primary medium of exchange and is integral to the functioning of the platform. TRX can be used for various purposes, including paying for services and goods provided by service providers and merchants on TRON, paying for fees for running native smart contracts, participating in dApp-based activities, and staking to support the network’s security and governance. Additionally, TRX holders can vote for Super Representatives (SRs), who are responsible for validating transactions and producing blocks. This voting process ensures that the community plays a central role in the network’s governance, and TRX holders can earn rewards for participating in this process.
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TRON is a multi-purpose smart contract platform that enables the creation and deployment of dApps. TRON utilizes a delegated Proof-of-Stake (DPoS) consensus mechanism, meaning it can maintain true decentralization while having optimal performance and scalability. TRON has a three-layer architecture divided into a core layer, a storage layer, and an application layer that allows it to optimize each for a specific set of functionalities.
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To encourage developers to build on the Tron platform, the project offers a comprehensive suite of tools and resources, such as the Tron Virtual Machine (TVM), which is compatible with Ethereum’s Solidity programming language. This compatibility enables developers to easily migrate dApps from Ethereum to Tron. Furthermore, the Tron Accelerator initiative provides funding and mentorship to promising dApp projects, fostering a thriving ecosystem of innovation.
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TRON has a total supply of just over 100 billion tokens, at the time of writing, over 90.9 billion tokens are in circulation.
🪙 MBX from MARBLEX
MBX is the native utility token of the MARBLEX Web3 gaming ecosystem that serves as the top-level currency. MBX is a Klaytn Compatible Token (KCT) built on the Klaytn blockchain and is used to pay for services with the MARBLEX ecosystem, to reward users’ staking, and is designed to play the role of interconnecting game tokens on the MARBLEX platform.
MARBLEX is the Web3 blockchain gaming ecosystem based on Netmarble’s games that aims to bridge AAA game development and industry standards with blockchain and Web3’s transformative potential. MARBLEX is a 100% subsidiary of global top 10 mobile game publisher Netmarble.
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The MBX ecosystem has plans for ongoing expansion and will continue to add more content integrated with popular games such as Ni no Kuni: CrossWorlds, King of Fighters: Arena, and more that aims to deliver quality content-based blockchain products and services.
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MBX is building a complete Web3 ecosystem, comprised of their own MBX Wallet, MX Explorer, MARBLEX Launchpad, and MBX NFT Market as well as offering DeFi services such as MBX Swap and their native staking service.
🪙 ROSE from Oasis Network
ROSE is the native token of Oasis Network, used for paying transaction fees, delegation on the consensus layer, and staking by validator nodes. The Oasis Network is a privacy-focused smart contract platform that prioritizes applications and use-cases that promote data privacy and user confidentiality.
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Oasis Network is a proof-of-stake PoS blockchain network designed to function as a privacy-preserving platform for open finance and responsible use of user data. Oasis Network is a Layer 1 blockchain that offers unique privacy features and high throughput, with reportedly up to 1,000 transactions per second. Oasis Network is built using the Cosmos SDK, meaning that it can be connected to the broader ecosystem of Cosmos-enabled chains via Cosmos’ Inter Blockchain Communication protocol.
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Oasis is unique in how it separates its consensus layer and execution layer for better scalability and increased versatility. The network’s Consensus Layer offers native support for rollups, which in conjunction with it being able to process transactions in parallel with the execution layer, means complex computational workloads can happen without overloading the network. The network’s execution layer, referred to as the ParaTime Layer, is where all smart contract execution happens and consists of multiple parallel runtimes for specialized computation needs that each plug into the consensus layer.
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Additionally, Oasis facilitates the creation of “Tokenized Data” – enabling users to take control of the data they generate and manage or monetize it how they see fit. This novel approach creates a new model of incentivized data economy, provides end-to-end data confidentiality on the blockchain, and unlocks additional use-cases and applications within the greater Web3 ecosystem.
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The total supply of ROSE tokens is capped at 10 billion. Approximately 1.5 billion tokens were released during the mainnet launch and added to the circulating supply. As of the time of writing, over 5.7 billion ROSE is in circulation.
🪙 RPL from Rocket Pool
RPL is the governance token of the Rocket Pool ecosystem, enabling token holders to participate in the decision-making process of the platform, ensuring that the platform remains community-driven and adaptive to the evolving needs of its users.
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Rocket Pool is a decentralized Ethereum staking pool protocol designed to make it easier for users to participate in the Ethereum 2.0 Proof of Stake consensus mechanism. The protocol aims to lower the barrier of entry for individuals and small-scale investors by allowing them to pool their resources and collectively stake as low as 0.01 ETH, making ETH2.0 staking accessible to users regardless of their capital investment or level of technological sophistication. Rocket Pool achieves this by distributing pooled ETH among various node operators who then validate transactions on behalf of the users. By implementing a trustless and decentralized approach, Rocket Pool ensures security, transparency, and fairness in the staking process.
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Rocket Pool utilizes a two-token system consisting of rETH and RPL. RPL serves as the platform’s governance token and is also used as slashing insurance and as an incentive to facilitate the operation of the network. rETH is a liquid staking token obtained by staking a minimum of 0.01 ETH, which then acts as a tokenized deposit that can be exchanged for ETH or traded and used on other networks.
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Asides from rETH staking, Rocket Pool also offers Node Staking, which allows users to stake just 16 ETH rather than the 32 ETH required to operate a node on the Beacon Chain. The remaining 16 ETH for Beacon Chain staking is pulled from the ETH deposited into the rETH staking pool by stakers looking to stake via Rocket Pool’s rETH tokenized staking.
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RPL is an inflationary token with new tokens minted every four weeks. At its launch, 18 million RPL tokens were released. As an inflationary token, the supply of RPL grows periodically.
🪙 FXS from Frax protocol
Frax Share (FXS) is the ERC20 governance token of the Frax protocol and plays a crucial role in its ecosystem. Holders of FXS can participate in protocol governance and propose changes or upgrades to the system. To participate in Frax governance, token holders lock FXS as vote-escrowed FXS (veFXS), where the voting power of each token increases the longer it is locked as veFXS.
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Frax Protocol is a decentralized, open-source, and permissionless fractional-algorithmic stablecoin system and lending platform designed to provide highly scalable and autonomous algorithmic money as an alternative to fixed-supply digital assets like BTC.
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The Frax platform allows users to access FRAX, one of the ecosystem’s stablecoins, which is pegged to the US dollar. Frax is unique from other stablecoins by using a combination of algorithmic and collateralized mechanisms to maintain the price stability of the FRAX token. The collateral used to back FRAX includes a mix of stablecoins and crypto assets, which helps to diversify risk and maintain stability. The protocol uses fully on-chain oracles like Chainlink to monitor the market pricing of FRAX and adjust the collateral ratio accordingly to maintain stability.
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The Frax Protocol also has 3 subprotocols that integrate its stablecoins: Fraxlend, its permissionless lending market; Fraxswap, its native AMM; and Fraxferry, its inter-chain transfer protocol for Frax-based tokens.
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The supply of the Frax Shares (FXS) tokens are hard capped to 100 million tokens at genesis with no inflation schedule in the protocol.
🪙GMX from GMX
GMX token is the utility and governance token of the GMX decentralized exchange (DEX) protocol. Token holders can use it to vote on proposals to help decide the exchange’s future direction. Additionally, token holders can stake their GMX to earn a share of protocol fees; to earn escrowed GMX tokens (esGMX) – which can be vested over a 12-month period to yield regular GMX through a form of locked staking that prevents inflation; and to earn Multiplier Points that boost yield and rewards long-term holders without contributing to token inflation.
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GMX is a fast-growing spot and perpetuals DEX on the Arbitrum and Avalanche networks. GMX supports low trading fees and zero price-impact trades for assets on their exchange. GMX aims to maximize the efficiency of capital locked in the protocol by using its single multi-asset pool to facilitate spot and perpetual trading. Unlike most DEXs which utilize multiple single-asset pools, GMX uses a single multi-asset pool, referred to as GLP, which consists of several large-cap tokens and stablecoins. The GLP maintains the composition of the liquidity pool by incentivizing users to mint GMX Liquidity Provider tokens (GLP) by providing liquidity of underweighted tokens in the liquidity pool or by rewarding users when they choose to redeem GLP to receive overweighted assets in the pool.
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The protocol operates with a dual token model with GLP, the liquidity pool token, and GMX, the platform’s governance token. Revenue is generated through platform fees, which are distributed between GLP and GMX stakers.
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The GMX token has a maximum supply of 13.25 million, with more than 8.5 million in circulation. Additionally, more than 83% of circulating GMX is currently staked.
🪙LQTY from Liquity
LQTY is the secondary network token of the Liquity borrowing system, and is given out as a reward to stability providers. These include the frontends who complete the transactions, contributors to the stability pool, and liquidity providers.
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Liquity is a fully automated, non-custodial, and governance-free decentralized borrowing protocol. It is designed to allow permissionless loaning of its native token using third-party frontends to achieve maximum capital efficiency and user-friendliness. Liquity users borrowing from the protocol receive their loans in the form of LUSD, Liquity’s USD-pegged stablecoin, which can be redeemed at face value in exchange for ETH. Liquity aims to provide interest-free, low-cost smart contract loans to crypto users while supplying LQTY incentives to those who make the system work. The protocol also aims to provide a future-proof system by eliminating governance and allowing the system to continue working as intended.
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Rather than charging variable interest rates to maintain price stability like conventional lending protocols, Liquity offers 0% interest rates on loans and elects to charge borrowers a one-off issuance fee charged in LUSD. These fees vary algorithmically between 0.5% to 5%. Additionally, there is a higher redemption fee for redeeming LUSD to ETH in order to prevent arbitrageurs from taking advantage of the system whilst incentivizing borrowers with cheaper issuance fees.
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There is a maximum supply of 100,000,000 LQTY minted at genesis, of which approximately 91.4 million are currently in circulation.
🪙 BABYDOGE from BabyDoge
BabyDoge was created in June 2021 as a spinoff of the popular Dogecoin cryptocurrency. BABYDOGE is a BEP-20 token built on the Binance Smart Chain and features unique tokenomics, including automatic liquidity pool generation and static rewards for token holders.
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BabyDoge features a 10% transaction fee, with 5% of that fee being redistributed to existing BabyDoge holders, while the remaining 5% is allocated to the liquidity pool on PancakeSwap, promoting price stability and rewarding long-term holders. This mechanism encourages investors to hold their tokens and benefit from the compounding effect of the redistributed tokens.
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BabyDoge also offers real-world utility, including plans for a BabyDoge card and mobile app, and integration with leading e-commerce platforms like WooCommerce, Shopify, and Magento. In addition, the BabyDoge team collaborates with other projects and businesses to foster a more extensive ecosystem and increase the token’s utility.
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BabyDoge’s community-driven focus is emphasized through its charitable initiatives and strategic partnerships. The project’s developers are committed to making a positive impact by donating to various animal welfare organizations such as Paws with Cause, Furkids, Best Friends, ASPCA, Humane Society, etc.
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There is a total supply of 420 quadrillion Baby Doge tokens, of which 295 quadrillion are in circulation. Approximately 30% of BabyDoge (125 quadrillion) have been removed from circulation through token burning.
🪙 BLUR from Blur
BLUR is the native ERC-20 governance token of leading NFT marketplace and aggregator Blur. BLUR can be used for voting, allowing token holders to have a direct say on decisions related to the development and direction of the platform. Additionally, BLUR can be staked to earn rewards through the platform’s liquidity provider pools. Staking BLUR helps to provide liquidity to the marketplace, which can help improve the overall user experience and support the platform’s growth.
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Blur is a popular NFT marketplace built on the Ethereum blockchain via Ethereum Layer 2 Polygon. It allows artists and creators to easily mint and sell their digital works as NFT on the blockchain and is designed to have low fees and an optional NFT creator royalties model that rewards users who pay royalties with extra BLUR tokens as an incentive to strike a fair balance between creators and traders.
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Blur’s marketplace has leading features, including real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. Blur also claims to have faster NFT sweeps and snipe functions than other marketplace platforms, making it popular amongst serious NFT traders.
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Currently, the total number of BLUR tokens in circulation is 360 million, with a maximum supply of 3 billion scheduled for an eventual release.
🪙 CHZ from Chiliz
Chiliz (CHZ) is an ERC-20 and BEP-2 digital currency aimed at the sports and entertainment world that powers Socios, the world’s first blockchain-based, tokenized fan engagement and rewards platform/ecosystem. Users can exchange their CHZ for brand-specific Fan Tokens on the Socios platform, which currently supports 150+ partners in fields ranging from football, gaming, fighting, motorsports, basketball, tennis, ice hockey, American football, rugby, and more. Fan tokens are a specific type of fungible utility token that allows holders to participate and vote in organization-related activities and decisions.
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Founded by Alexandre Dreyfus, Chiliz and Socios have rapidly grown to become the leading provider of blockchain-based tools to sports and entertainment entities, helping them engage their audiences on Web3 without worrying about developing the blockchain technology themselves. Chilliz raised over $66 million in 2018 via a private token sale with prominent investors, including Binance, OK Blockchain Capital, Ceyuan Ventures, FBG Capital, and more.
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Organizations/brands that partner with Chiliz have a limited supply of Fan tokens offered at an initial Fan Token Offering (FTO), which are available on a first-come, first-served basis. For all FTOs, the opening price and fully diluted market cap are disclosed by Chiliz beforehand and can only be purchased using CHZ.
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Additionally, Chiliz Chain 2.0 (CC2) is set to launch by the end of this year and will function as the protocol foundation of a Web3 development ecosystem that will transition CHZ from solely an in-app currency used for purchasing Fan tokens into becoming CC2’s native token that powers the blockchains Proof of Stake Authority model. The upgrades will unlock further utility for CHZ and position CHZ as the fuel that drives the entire multi-vertical Chiliz ecosystem.
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The total supply of CHZ is 8.8 billion, minted at its launch in October 2018 and distributed to early contributors with no public sales beyond what was made available through exchanges.
Prepare to exercise your voting rights at Freedom DAO by getting your Freedom Passport for free for a limited time only, as well as exclusive Bitazza merchandise for the first 1,500 Freedom Passport holders! Learn how to get your Freedom Passport here >> https://content.bitazza.com/…/how-to-get-freedom…/
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Learn how to participate in voting here
Begin participating in voting >> https://bit.ly/Freedom-Passport
What is Freedom DAO? >> https://content.bitazza.com/freedom-dao-en/
What is a Freedom Passport? >> https://content.bitazza.com/freedom-passport-en/
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Data from: https://babydoge.com/, https://blur.io/ , https://www.chiliz.com/, https://frax.finance/ , https://gmx.io/#/, https://www.liquity.org/, https://www.marblex.io/ , https://oasisprotocol.org/ , https://rocketpool.net/, https://ssv.network/, https://www.stacks.co/ , https://tron.network/
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