Plume Network: How $PLUME might become the next Blue Chip in RWA.
@Plume - RWA Chain A novel story is gaining considerable traction in the fast-changing crypto world: the tokenization of Real-World Assets (RWAs). According to some estimates, this sector that will bridge the gap between the old and the new finance is expected to reach 16 trillion by 2030. This is an epic opportunity to the shrewd investor. Most of the projects are competing to secure a portion of this market, but Plume Network (PLUME) has a distinctive and strategic approach that enables it to be a long-term winner. Investment In the investment perspective, Plume has a market opportunity, a team, partnership, and tokenomics. How to capture a Trillion-Dollar Market. RWA market is not a short-lived trend, but a logical next phase in the development of blockchain. Nonetheless, the difficulty of the regulatory compliance and the necessity of special infrastructure have been significant obstacles. This is exactly the issue that Plume Network will address. Plume is not competing with general-purpose chains by making the first modular Layer 2 blockchain, it is creating a new, extremely valuable niche. This laser-focused strategy is one of the indicators of potential to an investor. Plume is at a position to take a large share of the greenfield opportunity, instead of having to fight over a small piece of a crowded DeFi market. Its compliance and efficiency design that is purposely made is the moat that will draw institution and asset managers who are now on the periphery. When these trillions of dollars start to move on-chain, the specialized infrastructure offered by Plume may make it the default on-ramp, and thus provide it with a significant network effect. A Team and Partnerships That Evoke Confidence. People are the ones who make a project as strong as it can be. Plume consists of serial entrepreneurs and a wide range of talent who have worked in large technology and finance firms, such as Google, YouTube, Coinbase, and Dropbox. Such combination of blockchain skills and conventional business experience is essential to overcome the realities of the RWA industry that requires technical creativity and adequate knowledge of business contacts. Moreover, Plume has been able to build major partnerships which have shown that there is institutional support and a definite road to adoption. In companies like Apollo Global Management and Circle, it is not merely PR but rather actual evidence of a project being given beige by the conventional finance world. As an example, the collaboration with Circle to introduce native USDC to Plume gives a regulated and stable digital dollar to institutional on/off ramps, a key component of the puzzle when it comes to large scale RWA transactions. The strategic alliances offer a very evident advantage over the competitors and de-risk the long-term expansion of the project. The Tokenomics of Value Accrual. Every investor needs to know the tokenomics of PLUME. Although details of the token distribution and vesting plan are important in risk evaluation, the essence of the value accrual summative is what is important in long term hold thesis. The token is intended to be more than a governance token, it is the blood of the ecosystem, the PLUME token. It is supposed to gain value as the activity transpires on the network. This could include: Transaction Fees: The more the RWAs are tokenized and traded on the network, the more transaction fees will be paid using the token value of the network (in the form of PLUME). Staking and Security: Staking will be considered as a type of securing the network, which will give rewards to the stakers and establish a system of reducing the supply.Ecosystem Incentives: Ecosystem bootstrapping will be done using $PLUME , where developers and users reward the expansion and liquidity of the network.Governance: The token holders will be allowed to participate in the future run of the network, such as upgrades, fee structures and inclusion of new features. This is a strong token utility model that will make sure that, as the scale of the Plume ecosystem increases, and more assets and users are attracted, the value of the PLUME token will be set to increase, as well. A Long-Term Blue Chip in the Making? The state of the RWA industry is immature, but the foundations that Plume Network is establishing are poising the industry to take off. Its single attention towards RWAs coupled with a credible team and strong partnerships provides it with a certain edge. Although crypto is always risky, the strategic placement of Plume between traditional finance and blockchain is itself a strong argument that this company can succeed in the long term. The projects that will enjoy the most benefit are those that will give the core infrastructure as the RWA market matures between billions and trillions. Plume is creating such infrastructure and it is creating it with a vision and execution-oriented team. Plume Network (PLUME) is not a stock to buy and sell, but can be a mainstay of the financial future, a blue-chip in the RWA industry. #plume #PlumeNetwork $PLUME
The Pyth Network: A History of Fast, Precision and Future of Finance.
@Pyth Network The history of decentralized finance (DeFi) is one of a narrative of innovation as a necessity. The development of the crypto world created a severe issue: how might the decentralized applications (dApps) obtain trusted, real-time information about the external world without violating the basic ideas of their decentralization and safety? Slow, inaccurate and frequently manipulated data feeds were common in the early days. It was a place where a flash crash could bring to its knees a lending protocol and even a bad data point would cost users millions. The ecosystem was in dire need of an improvement. This is how the Pyth Network $PYTH came to exist not only as a new oracle but as a new paradigm of how on-chain data is supposed to operate. The Issue: A World of Decentralization and Centralization of Data. Consider a news agency that is interested in reporting a big financial event. They would receive information in the traditional world through various sources that had been verified: Reuters, Bloomberg, the New York Stock Exchange. Say now, it is the same news agency but in the early crypto era. They had to depend frequently on only one or two small, independent reporters who could be lethargic, partisan, and even erroneous. This was the basic weakness of original oracle space. A few providers were pushing data onto the blockchain leading to a single point of failure and an innovation maasochre, a giant constriction of innovation. The financial products of the day such as options, futures, lending markets were being constructed on a layer of flimsy data by the dApps. It was as though constructing a skyscraper on a sand bed rock. The necessity to have a powerful, quick, and multi-sourced solution became the most critical issue of the whole DeFi system. The Answer: A Decentralized Data Co-op Construction. This issue was considered by the authors of the Pyth Network, who thought of an extreme solution: it would be possible to get the data itself, directly at the people who are originally the producers of the data. Rather than using a network of third-party middle men to scrape and make public data, Pyth would be a cooperative of first-party data providers. Consider it as a kind of decentralized data co-op: the key participants in the old financial system, the world exchanges and high-frequency trading firms as well as leading providers of data, became members of the network and shared their proprietary, high-fidelity data. It was the first sources such as Cboe Global Markets and Jump Trading to provide their market data on-chain. These were not a few channels, but an impressive coalition of some of the most reputed names in finance. The direct-to-source model removed the middle men, latency was minimized and a new level of security that was lacking was added. The Breakthrough: The Pull Oracle. That was not the end of innovation by Pyth. The most popular oracles operated in a so-called push model, constantly transmitting data updates to the blockchain whenever no dApp was interested in this information. This was unproductive and expensive. The Pyth team established an innovative oracle architecture, which was a pull architecture. The elegance of simplicity was in this new model. Price feeds would be constantly updated by data providers to a high-performance blockchain known as Pythnet. The data would in any case be off-chain ready. Subsequently, this data could only be pulled on-chain by a dApp or user when a transaction was occurring. Such a mere shift was titanic. It implied that dApps would receive the highest possible up-to-date price data at the point of a trade or a liquidation, and they would be accurate to the millisecond. It also implied reduced costs because it was only fees when an update was necessary. It resembled a transition of a non-stop stream to an on-demand service, which is ideally suited to the requirements of high-frequency DeFi. The Impact: Between Problem and Infrastructure. The Pyth Network is a tale of fast growing adoption and increased strength. Since its initial integrations on the Solana blockchain, the network was soon turned into a multi-chain phenomenon. With the growth in the use of dApps on different blockchains, which realized the potential of Pyth to provide the low-latency, first-party data, they started adding its oracle feeds. Even today, Pyth works with an enormous selection of ecosystems, including the EVM-compatible ones and Cosmos among them. This path to a solution to one of the most important components of infrastructure has established a presence of Pyth in the Web3 space. It is no longer a superior means of retrieving information; a network is now the foundation of the new generation of financial applications that require speed and accuracy. Its governance structure, which is driven by the use of the $PYTH token, places the future of the network squarely in the hands of the network community, which will make the so-called decentralized data co-op stay true to its fundamental principles. The Pyth Network is a tale that serves as an illustration of how a mere, well-strategy idea can go. It is the tale of a team that identified a failure deep-seated in the root of the system, and created a superior and safer base of the future of finance, one data point at a time. The role of Pyth as a reliable source of truth will only expand as the DeFi space continues to rise and develop, and its history will remain the core part of the greater narrative of decentralized innovation. @Pyth Network #PythRoadmap #PYTH $PYTH
The Mitosis of Crypto: The Division of New Projects out of the Old.
@Mitosis Official Cryptocurrency, on the surface level, appears to be an anarchic, high-speed digital frontier. There are new projects appearing every day, old ones being forgotten and the market cycles seem to be a whirl wind. However, there is a basic, biological process involved, though, mitosis. Mitosis is cell division where one cell is divided into another cell that is the same. This is not a mere metaphor in the crypto world; it represents a potent model of interpreting the industry development. Like a particular cell divides to form a complex organism, new crypto projects can sometimes split out of an existing one, taking on the core DNA, but acquiring new characteristics to survive in a new world. Consider it as follows: the original crypto, Bitcoin, is the primordial cell. It laid the principles of the decentralized, trustless network. Each subsequent project, Ethereum onwards, is a spin-off, which shared the fundamental idea of a blockchain, but with a separate and distinct genetic code to realize some goal. The Origin: A Fork in the Chain A crypto blockchain fork is closest to mitosis. A fork occurs when a group or development team chooses to divide a blockchain in two distinct, self-sufficient chains. The original chain transfers all the transaction history to the new one until the fork. This is an ideal case of mitosis. The old chain does not come to an end, and the new chain itself starts to live and has new rules or features very often. An example would be the Bitcoin and Bitcoin Cash (BCH) split. In 2017, a team of developers and miners believed that the small block size was restricting the scalability of Bitcoin. Their desire was to have a bigger block size that would allow it to transact more, and faster. This disagreement caused a hard fork, the full division of the network. The initial chain of Bitcoin survived and gave birth to Bitcoin Cash which brought all past transactions of Bitcoin, although with a bigger block size. It was a divisive action in order to seek a new growth strategy. open source: Dynamically Transmitting DNA. The crypto mitosis is not necessarily an intentional fork. In many cases, it involves open-source development. Related to this, most of the crypto projects are constructed with open-source codebases, implying that open-source codebases can be utilized by anyone, adapted, and extended. This is the DNA inheritance of crypto world. Another project can borrow the code of an existing one such as Ethereum and rewrite it to use in different application. An example is Solana, which was not based on Ethereum, but built on the principles of smart contracts and decentralized applications. And then it presented its own innovations, such as the Proof of History consensus mechanism, to address various issues, that is, scalability and speed. It is a new species that is derived out of a common ancestor. This is one of the sources of innovations. The developers do not necessarily need to re-invent the wheel whenever they wish to make something new. They are able to borrow trusted and safe code, steal its most useful attributes, and mutate them to a new need. It is this speed of iteration and experimentation that makes this crypto ecosystem expand as fast as it does. A Deliberate Segregation: Between General and Specialized. It is not only about duplication in biology, but about specialization as well. A cell of fertilized egg produces a zygote which in turn, is subjected to mitosis to produce cells that will become specialized cells onto various organs and tissues, such as the brain, heart and liver. This is what also occurs in crypto. Bitcoin was the digital gold, general purpose. However, as the ecosystem grew, it had to have specialized organs to carry out various functions. Ether became the core of decentralized finance (DeFi), and offered smart contracts and dApps infrastructure. Solana was turned into the nervous system, the one concerned with the fast transactions and zero fees. Polkadot is a type of circulatory network, in that it is set to interlink the various blockchains. All these are projects are a specialized spin-off cell of the original idea which was a decentralized ledger. They have inherited the main DNA of being decentralized and then have adapted their own peculiarities to fulfill a certain need within the developing crypto organism. The Future of Crypto Mitosis Since the crypto world is only still growing, in the future, we are likely to encounter more specific daughter projects. The shift trend is not towards single, all purpose chains but towards a multi-chain future where other protocols are in collaboration. All of these mechanisms enable this growth that is spread across cells, with the different chains communicating and sharing value, including cross-chain bridges, interoperability protocols, and Layer 2 solutions. It is not merely a fad but is a basic mechanism of evolution. It also enables quick innovation, specialization and the establishment of a diverse, resilient and highly plastic crypto environment. Knowing this biological parallel, we are able to view the crypto world not as a chaotic mess of competing projects, but as an organism, growing, and living, constantly splitting and evolving to address the demands of a digital future. #Mitosis #mito $MITO
@Plume - RWA Chain The blockchain revolution was launched with a frontier of decentralized, borderless and transparent finance. Although cryptocurrencies such as Bitcoin and Ethereum have fulfilled their promise in several aspects, the ultimate challenge with this technology is whether it can be integrated into the real world. This is where the idea of the Real-World Assets (RWAs) enters the picture the tokenization of the physical and traditional financial assets, ranging between the real property to the personal credit. Though the potential of RWAs is enormous, the process of its implementation was marked by considerable difficulties. Plume Network (PLUME) will do so as this is the purpose-specific bridge that is to transform the RWA ecosystem. The Existing Tokensization Barriers of RWA. Getting actual world items on a blockchain is much more challenging than the creation of a mere digital token. The current obstacles may be divided into 3 primary spheres: Legal and Regulatory Interferences: Traditional finance is a strictly regulated business. In the event that you tokenize something such as a share in a company or other work of art, it usually comes under the securities laws. In the absence of specific legal blockchain regulations, the issuers are burdened with a myriad of compliance regulations, KYC (Know Your Customer), and AML (Anti-Money Laundering) measures. They are not purely technical issues, but legal requirements that must have a secure and auditable system. The majority of general-purpose blockchains have not been designed with these legal facts in mind and make them a dangerous offer to the institutional players. Absence of Specialized Infrastructure: It is like trying to construct a modern skyscraper with a hammer and nails only. That is how the complex RWAs are tokenized on a general-purpose blockchain. It should be implemented using a set of specialized applications, such as a tokenization engine, a powerful compliance layer and a mechanism to incorporate off-chain data (such as property appraisals or credit scores). Projects having no purpose-built infrastructure are forced to assemble these elements out of a variety of sources, which is very expensive, technologically challenging, and may pose a security risk. Liquidity and Interoperability Problems: What do you do with a tokenized asset? A tokenized RWA is a siloed asset and is not particularly useful on many chains. Without complex and risky bridges, it can hardly be collateralized in a decentralized finance (DeFi) protocol or exchanged across blockchains. This absence of composability the quality of an asset to communicate with other applications cripples its value and its attractiveness in the market. The Solution of Plume Network: the Future is Now. Plume Network (PLUME) makes it easier to overcome these limitations by offering an end-to-end, purpose-built architecture of RWA Layer 2. The architecture of Plume is no exception; it is a structural design which makes the whole work easier. Here’s how it works: Built-in Compliance: Plume contains compliance built in at the protocol level. It implies that a project that would start on Plume will be able to make its native tools automate KYC and AML checks on each transaction. As an illustration, any tokenized private credit fund can be programmed to restrict transactions to only whitelisted wallets. This offers institutional grade security and regulatory assurance and therefore is the best place to lure traditional players of finance.Fully stacked RWA Ecosystem: Plume offers the complete lifecycle of a tokenized asset. This incorporates a native tokenization engine, smart wallets, and a "data highway" that can be used to safely combine off-chain data with on-chain assets. This vertical integration also removes the requirement of projects to integrate various solutions leading to a major cut on time to market, expenses, and technicalities. Composable DeFi: Contrary to siloed RWA initiatives, Plume is to ensure that tokenized assets are a seamless component of the overall DeFi ecosystem. Through Plume, a tokenized RWA can be conveniently pledged as security over a loan, employed in yield-farming plans, or traded in decentralized exchanges, accessing enormous liquidity and utility. Plume in Action: Applications of a New Era of Financial Times. In order to gain a real life insight into the effects of Plume, we can take a look at some of the effects that would be hard to achieve, yet with Plume, are now achievable. Fractional Real Estate Ownership: Consider a commercial property in a major city which is high priced. A normal human being was not able to afford a complete building, but with Plume, a building could be tokenized to thousands of digital shares. One share may be a small share ownership and hence anyone can invest. Such tokens would be easily traded through 24/7 in a world marketplace which would give liquidity to an otherwise illiquid asset class. Private Credit Tokenization: The private credit market is not normally available to small investors. Plume offers the infrastructure to enable the issuance by the private credit funds of tokens representing their loans on-chain. This makes it a democratized entry, and the small investors can also be a part of it and get part of the interest. The complete process including issuance and the payment of interest can be automated through the smart contract which guarantees efficiency and transparency. Art Tokenization: A famous painting, which used to be viewed in a gallery and inaccessible to the majority of people, can be tokenized on Plume. This gives the opportunity to share a work of art between two or more individuals. The tokenized shares could subsequently be borrowed as crypto using them as collateral or it could even be traded on the secondary market, and this would provide a new dimension of liquidity to the art world. Plume Network is not only a technological platform but also a future of the finance world. One day it will be a future in which the line between on-chain and off-chain assets is indistinct, where physical value can be unlocked and made universally available, and the world of finance is more effective, transparent, and open than it has ever been. And this is the revolution of Real-World Assets, and Plume Network is making its home. @Plume - RWA Chain #plume #PlumeNetwork $PLUME
The Revival of Openledger ($OPEN) The Early Pioneer Turns into a Current DeFi Competitor.
@OpenLedger Projects within the disruptive nature of cryptocurrency are formed and disappear almost overnight. The digital tombstones of previously hyped projects that did not adapt, innovate or merely survive the vicious bear markets litter the market. However, some of the projects not only live through but develop further by transforming into something different. One of such rare stories is Openledger (OPEN). Throughout its early history and a pioneering decentralized exchange, it has experienced an incredible turnaround into a strong and relevant cross-chain DeFi hub. It is not only a story about surviving but a masterpiece of a strategic endurance and technological adjustment. Following its path, we would be able to extract some of the central lessons of the whole crypto industry and see what the future of this long-standing project will bring. The Genesis: Making Decentralization. The history of OpenLedger dates back to the early protocols of decentralized finance, when the term DeFi was not yet as famous as it is today. It was developed on BitShares Graphene blockchain, which has a high throughput and low-cost in transaction fees. The concept of a decentralized exchange (DEX) was forward-looking at the moment. Most of the crypto trading continued on centralized exchanges such as Mt. Gox or early versions of Binance, but Openledger provided a less trustful environment where participants had complete control over their assets. This initial form was a testimony to the main postulates of decentralization. It offered an environment to engage in trading digital assets without the input of a central authority, eliminating the dangers of the hacks, blocked funds, and even censorship. Nevertheless, the market changed as the crypto world became more developed. With the emergence of Ethereum and a thriving smart contract ecosystem, a new wave of dApps and liquidity was generated. As an innovator, OpenLedger was in a new world where other technologies had different standards and demands of users. The choice was simple, evolve or turn into a historical relic. Strategic Pivot: A Strategic Cross-Chain Bridge. Resilience does not mean staying put but being able to foresee a change and adjust accordingly. Seeing the increasing disintegration of the crypto market and the control of the EVM (Ethereum Virtual Machine) ecosystem, Openledger took a significant strategic choice. It would transform into a cross-chain bridge as opposed to being a DEX on a single blockchain. This was a brilliant move. It used the already acquired knowledge in secure asset management and decentralized technology to fix a more urgent issue, which was interoperability. When Openledger became bridged to key blockchains, such as Ethereum and subsequently Binance Smart Chain (since renamed BNB Chain), it became an essential part of the infrastructure in the whole DeFi ecosystem. It turned into an indifferent medium, a passageway between hermitages of digital islands. This was not a mere upgrade, but a complete change of its value, as a destination but a connector. The Technology Evolution: Modernizations to a New Time. The technological upgrades were critical and helped the company to make the strategic pivot. The group took its time to reinvent and refine its own basic technology to suit the realities of a multi-chain world. This included: Increased security measures: Openledger was aware that bridges are one of the main targets of a hacker, and it increased its security. It switched to a more robust architecture of multi-signature validators and also instituted stringent security audits to safeguard the huge volumes of assets going through its network. This security dedication was the most critical towards restoring confidence in a market where bridge snatching was becoming a common practice. Higher Performance and Scalability: The new architecture was made to be fast and cheap which is necessary to compete with other bridges. In ensuring that its solution was not only secure, but also practical to use in daily life, Openledger ensured this by streamlining its smart contracts and aiming at creating a smooth user experience. Increased Interoperability: The first bridges were a start, not a finish. The Open Ledger has also been expanded to reach more blockchains and allow more types of assets. This constant growth makes it a universal connector who is willing to be adopted in new and emergent ecosystems. These improvements enabled OpenLEDger to not just get back into the game, but to become a legitimate player in the competitive world of decentralized finance. Resilience and the Road Ahead. The case of Openledger can be helpful to the whole crypto business. The greatest lesson is that innovation is not isolated; it is something that takes place continuously. The past successes of a project cannot be depended on. It should be open to taking drastic and strategic decisions and invest in technological investments to remain pertinent. The fact that Openledger was able to identify the existence of a new market requirement (interoperability) and reuse the strengths it already had to focus the requirement is a textbook case of long-term vision. What comes next to this old project then? Openledger , after having successfully moved into a modern DeFi player, is in a good position of taking advantage of the rising need to create seamless cross-chain solutions. It enjoys a unique advantage in its focus on security and efficiency, as well as has a proven track record. Additional integrations with new chains, deeper partnerships with DeFi protocols that need cross-chain liquidity and more utility of its native $OPEN token can be expected. The path of a groundbreaking DEX to a cross-chain hub demonstrates that with the necessary vision and desire to change, the oldest projects can get the second life and a new meaning in the constantly changing world of crypto. @OpenLedger #OpenLedger #open $OPEN
The Hype: An Analysis of the $ZKC Tokenomics and Governance Model of Boundless Network.
@Boundless Cryptocurrency, as a fast moving industry, has its long term viability decided by more than just the technological promise of the project. Hype can be achieved by a good marketing plan and a good idea, however, a strong and well-constructed economic model will provide the next step of sustainability and stability. To the critical investor and an individual builder seeking a venture that has real sustainability, it is important to look past all the hype and examine the pillars upon which it rests: tokenomics and governance. Boundless Network (ZKC), a company interested in a mission of bringing the fragmented blockchain world closer, has developed a carefully-crafted economic and governance model, which will guarantee its decentralized future. This is a technical study of how the ZKC token works, the way it is distributed, its use, and how the governance is engineered to counter centralization and develop an ecosystem of its own. The 2021 ZKC Tokenomics: The Sustainability Foundation. The ZKC token is not just a tradeable commodity; it is the key to building block that drives, safeguards and manages the whole Boundless Network. Its tokenomics will be such that it will form a virtuous cycle in which the security and value of the network directly depend on the activity of the network, and at the same time encourage long-term participation. Detailed Mechanics of utility and supply. Network Fees and Deflationary Pressure: Any cross-chain transactions, data transfers, or smart contract calls to Boundless Network cost a small fee to be paid in $ZKC . There are two very important purposes of this fee. To begin with, it pays the validators and relayers of the network to provide their services so that the network is not brought down and remains safe. Second, a part of these transaction fees can be exposed to token burn mechanism, permanently eliminating them. This is an aspect of deflationary supply to the token, which results in a positive feedback loop: the higher the usage of the network, the more tokens will be burned, which can cause scarcity and high value of the rest of the supply. Proof-of-Stake Security and Rewards: Boundless Network has a security design based on an advanced Proof-of-Stake (PoS) consensus system. Validators have to post a large bond in terms of $ZKC . This stake acts as a security bond and this ensures that they behave in an honest manner. Validators are compensated by a mix of new tokens issued and network transaction fees in exchange of their service of validating and securing cross-chain activities. In order to decentralise the network even further, there is the delegation mechanism where smaller token holders can delegate their ZKC to validators suing to receive a portion of the rewards without bearing the technical cost of operating a node. This system integrates the interests of all the stakeholders, the largest validators and the smallest delegators, and the long-term health and security of the network. Any bad faith, e.g. in having signs duplicated twice, or in occasioning undue delay, will cause their staked tokens to be slashed, which will be a great economical deterrent. Token Distribution and Vesting: The early token distribution of a project has a significant impact on the long-term health. The model of allocation applied by Boundless Network is designed in a way that it is fair and will avoid a sudden shock in supply. There is the allocation of a portion towards public and private sales to bootstrap the project, another portion towards core team and advisors (with a multi-year vesting schedule to maintain long-term commitment), and a substantial portion towards ecosystem development, treasury and community incentives. The existence of an open transparent vesting schedule is paramount because it can ensure that big early holders will not be able to dump their tokens on the market and will not influence the long-term integrity of the asset and its stable price. The Politics: The Way to Real Decentralization. On top of the economic model, the governance structure of a project is the ultimate determinant of project decentralization. It is possible that a project is decentralized, but unless it has a strong, on-chain governance system, a few people have control over it. Boundless Network is constructed as a Decentralized Autonomous Organization (DAO) in which the community has the authority to determine its future. The On-Chain Governance Process. Governance Boundless Network is a process based on communities and multi-step governance: Community Proposals: Every governance initiates with an idea. Individuals within the community have the freedom to start a discussion on the forums or social channels to find out interest. Formal Proposal Submission: When an idea spreads, it can be formalized into an on-chain proposal. A small sum of money in terms of ZKC has to be placed to avoid spam and frivolity of propositions. It is a form of a deposit that is paid out in the occasion that the proposal attains a specified minimum amount of preliminary support. On-Chain Voting: When a proposal has been submitted formally, it goes into the voting period. All shareholders of ZKC are entitled to vote. The weakness of every participant is the proportion of the number of shares of ZKC. Although large token holders (so-called whales) can control this system, Boundless Network is designed in such a way that broad participation and delegation become encouraged, which, in the long term, will spread influence more widely. Proposal Execution: When a proposal has gathered votes in sufficient numbers and it satisfies the quorum and voting requirements, it is automatically executed using the smart contracts by the network. This does not require a trusted third party to carry out the alterations, which makes the network committed to automation and decentralization. Community Governance Areas. Boundless Network community will be given the right to vote on important issues which include: Protocol Upgrades: Adding new functionality, security, and technical. Parameter Modifications: or the parameters of transaction fees, validator rewards, or slashing. Treasury Management: Determining how the community funds should be spent on grants, bug bounties or marketing efforts. Supported Blockchains: Voting on the new blockchains to add to the Boundless Network protocol. This libertarian form of governance is such that the network is not a fixed object that one person or a group of people control, but a living, developing organism that directly responds to the demands and aspirations of its community. The Long-term Viability and the Force of Convergence. Boundless Network is mostly strong in the collaboration between its tokenomics and governance. The utility of the ZKC token motivates the usage of the network, which consequently secures the network by the use of staking, motivates participants and enables the community by governance. This establishes a vicious cycle that strengthens itself. The larger the network is created, the higher the utility and value of the token and more users and staker will be attracted. @Boundless #boundless $ZKC
Holoworld AI (HOLO) is developing the second generation of AI and virtual companions, which will be decentralized!
They are building the first-of-its-kind platform wherein users are able to communicate with AI characters in a manner that seems genuinely alive and personal.
What makes $HOLO unique?
★Decentralized AI: Holoworld is a decentralized, which makes the data of the users safe and the interaction confidential.
★AI Characters: The platform has an interactive and high-quality AI companions with independent personality and background.
★Community-Driven: HOLO token will be at the heart of the ecosystem, enabling its owners to engage in governance and earn rewards as well as enjoy exclusive features.
Being heavily based on innovation and community, Holoworld AI will transform the future of human-AI interaction. Watch out on $HOLO because they are continually growing and developing their virtual world. @Holoworld AI #HoloworldAI $HOLO
The next Wave of RWA on Blockchain: Plume Network ($PLUME) is Leading the Pack.
@Plume - RWA Chain Finance as a sector is about to undergo a significant transformation, an attempt to unlock trillions of dollars of wealth by connecting the divide between the conventional assets and the blockchain. This paradigm change is occurring with the tokenization of Real-World Assets (RWA). RWAs exist both as a real-world connection between the physical and digital world, whether it be of real estate and private credit or art and intellectual property. Nevertheless, even with such a potential, this industry has serious challenges: scalability, security, regulatory compliance, and the absence of specialized infrastructure. Enter Plume Network (PLUME). It is not merely another Layer 2 (L2) blockchain, but the first modular L2 that was developed to tokenize RWA. Plume is also addressing these issues directly by establishing the underlying infrastructure needed to introduce a new age of finance into the world. Plume is more than merely enabling transactions by focusing on the purpose-built and modular approach, which is establishing a secure, efficient and compliant ecosystem of the future of finance. What Makes Plume Unique? The Strength of a Modular Approach. The majority of L2s are general-purpose, i.e. designed to serve a broad range of applications, including DeFi to gaming. Although there are positive sides to this flexibility, it is usually followed by the loss of specialization. Plume Network is a non-conformist in that it uses a modular architecture, which is optimized to support RWAs. Consider it in the following way: a general-purpose L2 is a multi-tool, which can do a lot but can do nothing well. Plume, however, is a niche toolkit, each element of which is ideally suited to the requirements of RWA. This modular architecture implies that Plume will be able to add the best-in-class modules to ensure that various functions, including data availability, execution, and settlement, are integrated. As an example, it could exploit a specialized layer of data availability that best fits the large data sets required by asset tokenization, or it would be able to provide a specialized execution engine to provide a quick and safe settlement of asset transfers of high value. Such customization enables Plume to provide a better experience which is RWA specific. The Solution of the RWA Problem by Plume. The path of an item through physical world to blockchain is not easy to journey through. Plume aims at simplifying this process by resolving three fundamental challenges: Compliance: The only problem that RWA adoption can face is that of a huge tangle of international legislation. Plume is developing compliance as part of its infrastructure. This is coupled with sound Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions, where all the participants and assets are vetted. The fact that it is inherently compliant makes it easier for institutions and regulated entities to participate since they do not need to develop these protection mechanisms on their own. Liquidity: One of the biggest concerns of illiquid asset such as the real estate is the establishment of a working market. They can be subdivided and transferred by tokenizing them on Plume. This divisibility has made assets to be fractionalized and sold in the secondary markets in a new dimension of liquidity that was unattainable before. This brings in board to more investors, both big institutions and small retail traders. Tokenization: Tokenization of an asset is not simply the creation of a digital token. It needs an effective and legal structure. Plume is an extensive developers and asset manager toolkit to develop and manage tokens that are real-world assets. This encompasses such features as secure custody solutions, asset-specific smart contracts, and a set of easy integrations with on-chain and off-chain data. Real-World Use Cases on Plume There is a great potential of Plume Network that is transformative. The following are some of the ways that it can be applied to transform various industries: Real Estate: own a part of a high-rise building in a big city. Plume can facilitate this by tokenizing the property whereby investors can sell and buy the asset in small segments without high transaction fees and legal challenges involved in traditional real estate. This brings the real estate investment to more people. In this case, there are other market segments like the private credit, which are very large but not accessible to a large number of investors. Plume can make the private loans and debt transparent and liquid by tokenizing them. Investors are able to have exposure to these high-yield assets and borrowers can access capital at a lower cost. Collectibles and Art: In high value items such as rare art, luxury watches, Plume has the ability to offer verifiable digital ownership. This does not only establish authenticity, but also gives the possibility of fractional ownership to a single piece of art, which becomes a marketable asset to thousands of investors. Carbon Credits: Plume will be able to support the tokenization of carbon credits to establish a transparent and verifiable market in which to trade in carbon credits. It does not only assist companies to achieve their sustainability objectives, but it also adds a sense of greater integrity and trust to the environmental commodities market. Why Plume is The Future of Finance. Plume Network is not about digitalizing assets, but creating a new financial paradigm. It will be the central point of transit between the traditional finance and the decentralized world by offering the specialized infrastructure of RWAs. The site provides an apparent entry point to institutions and asset managers to enter the blockchain environment in a secure and compliant way. The future of finance is a combination of both the old and the new. A foundation of efficiency, transparency, and trust will be applied in its construction. Piece by piece, Plume Network is establishing this base, by targeting a fragment of the market that is the key to unlocking the next wave of blockchain implementation. Plume Network and its native currency, $PLUME , will be able to orchestrate a more inclusive, accessible and innovative financial future to all as the ecosystem expands and add more assets on-chain. @Plume - RWA Chain #plume $PLUME #PlumeNetwork
Plume Network ($PLUME): A Real-World Assets Ecosystem.
@Plume - RWA Chain What a blockchain has that is even more powerful is not necessarily with its technology but its ecosystem. In the case of Real-World Assets (RWA), this would mean developing a secure, compliant and prosperous environment wherein all developers, institutions and users of the environment would be able to connect. Bringing real-life assets into the blockchain is not strictly a technical issue, it is more about creating a whole ecosystem that is capable of managing all aspects of legal regulations and safe asset handling. Such a network is being formed by Plume Network (PLUME). It is not just a technical way to tokenize, but a complete ecosystem that is built to the ground to board and operate RWAs. With the tools, partnerships, and infrastructure that are being offered, Plume is streamlining a complicated process, and it is likely to generate trillions of dollars of value by making RWAs available to a worldwide audience. The Ecosystem Mastery: Beyond being an L2. Although Plume Network is a blockchain that is modular (that is, Layers 2 (L2)) in nature, its power lies in the interdependence of its constituent elements that comprise the entire ecosystem. It is not a build it and they will come strategy but rather a strategic move to establish a fertile ground to enable the RWA projects to grow. The major elements of the Plume ecosystem are: Developer Tools and SDKs: Plume offers a set of developer friendly tools and Software Development Kits (SDKs) that are also customized to build RWA applications. It also has ready-to-use smart contracts in tokenization, asset management, and partial ownership that greatly lowers the time and cost of undertaking projects. Plume reduces the barrier to entry thereby promoting innovation and new initiatives to develop its network. An RWA Marketplace: Plume is also creating a market place in which RWA projects may find investors. This exchange is a central point of discoverability, due diligence, as well as trading of tokenized assets. It offers a clear-cut platform where investors get to shop through a curated list of compliant assets, as well as issuers get a specific audience. Integration with Financial Partners: The crypto and the traditional finance are frequently separated. Plume is aggressively trying to close this gap through building relationships with established financial institutions, custodians, and compliance companies. Such partnerships will guarantee that RWA initiatives on Plume are able to function within a familiar and trusted framework that it will be easier to direct institutional capital into the ecosystem. Security and Compliance: A Trust in Foundation. For RWAs, trust is paramount. The value of an asset on the blockchain can only be as good as the security and legal framework that supports it. Plume has a structure that is focused on security and regulatory compliance; two of the most important issues that need to be considered in institutional adoption. Strong Security: Plume being L2 based on Ethereum, shares the security of the mainnet, which is one of the most tested and secure blockchains in the world. This is a good ground on which high-value assets are secured. Besides, Plume has its own security measures that comprise special attention to a secure bridge and fraud prevention tools, which will keep the assets safe since they will be tokenized and moved. Built-in Compliance: Plume does not have compliance as an add-on feature; it is built-in. The infrastructure of the network has in-built KYC/AML checks, whitelisting, and other compliance-enforcement smart contracts. It implies that the project builders on Plume do not need to recreate the wheel with each new asset. Instead, they are able to take advantage of the compliance system already in place in the network, which might assure that all participants and transactions comply with regulatory regulations. It is a game changer when it comes to attracting institutional capital which is a highly controlled environment. The Role of the PLUME Token The Plume ecosystem has a native utility token, which is PLUME. A token is not merely a speculative asset, but it is part of how the network works and its economy. Its primary roles include: Gas Fees: Gas fees apply to any activity on the Plume Network, such as the asset tokenization, transfer, and interaction of smart contracts, which makes the user pay using $PLUME . This makes the network safe and reliable. Staking and Governance: The token can be staked to gain access to the security of the network, and holders may have the ability to take part in the important decisions regarding the further evolution and the direction of the network. This brings the interests of the society in line with the success of the ecosystem in the long-term. Incentivization: The participants, the liquidity providers and validators, can be encouraged to help the network with the aid of incentivization based on the $PLUME token. This assists in jump starting the ecosystem and also having a healthy and active community. Partnerships and Collaborations: On-the-job Traction. The quality of partnerships in an ecosystem is one of the measures of its strength. Plume Network is also actively working with the key players in the traditional finance sphere and the crypto sphere to develop the ecosystem. Such partnerships are essential towards the delivery of infrastructure required to onboard assets. An example is that by partnering with major custodians, underlying assets are safely stored, whereas partnering with legal firms and compliance providers provide a clear regulatory direction toissuers. Plume boasts of its actual traction by pointing out major partnerships and projects currently being developed on its network and thus prove that it has a potential to be the best platform to utilize in RWA. Conclusively, Plume Network is not just a technology breakthrough but a strategic play in an eco-system that aims to address the many-sided problems of RWA tokenization. Through integrating a designed L2 and a full suite of developer utilities, a marketplace, and essential collaborative ventures, Plume is establishing a base of reliability and effectiveness. The world of finance keeps changing, and Plume and the PLUME are ideally placed to transform into the platform of choice when bridging the gap between the real and virtual worlds. @Plume - RWA Chain #plume $PLUME
The Final Countdown: What to Expect of Mitosis ($MITO) during its Mainnet Launch.
@Mitosis Official The process of a project passing through testnet and mainnet is a critical moment in the chaotic nature of the blockchain world, it is a moment when a concept turns into a working reality. Mitosis (MITO) is poised to be this landmark event after several months of intense testing, community input and tweaking. Its successful completion of its testnet phase has not just demonstrated the feasibility of its underlying technology, but it has also set the stage to its grand release. The release of the Mitosis mainnet is not another phenomenon on the crypto calendar; it is the last point on the path to consolidate the liquidity that is divided into sopas by the decentralized finance (DEFI) ecosystem. To the community, developers and investors, this shift is the indicator that the long-awaited vision of seamless liquidity of chains is coming to a decentralized reality. This is a closer examination of what to expect of Mitosis in the next few months. Testnet Triumphs: Reflections on Major Learnings. The Mitosis testnet helped in the testing of the functionality of the protocol before its core functionality is presented in its mainnet. The testnet was used as a stress-test benchmark of the Mitochondrion protocol, the main liquidity engine of the system. In the process, the team received priceless information and feedback regarding the work of a worldwide community of users who experimented with what the system could do to manage the cross-chain liquidity and deposit diverse Liquid Staking Tokens (LSTs). The testnet showed that the basic architecture was good, and that Mitosis was in a position to safely and effectively handle simulated liquidity in a variety of test conditions. The main insights of this stage helped the development team to streamline code, fix bugs, and streamline the user interface to create an easier and more solid experience on the mainnet. This careful approach has made mitosis ready to roll out a product which is not only a sound technological product but also a battle tested and easy to use one. The Mainnet Launch: The Introduction of the Mitosis Network. The launch of the mainnet will be a milestone that will probably be strategic, and it will be divided into many phases to make sure that it is most secure and stabilized. This is a best practice of handling complex infrastructure projects and reducing risks because it is a controlled rollout. Phased Rollout: The first stage of the mainnet release is supposed to launch the essential functions and a small number of integrations. This reserved method enables the team to observe actual performance, obtain information on ongoing transactions and make sure that the system does not fail at all whilst it is being scaled up. The first mainnet should probably consist of a limited set of liquidity vaults and a list of assets that are approved.Mitosis Chain Activation: The launch will involve full activation of the Mitosis Chain that is constructed on Cosmos SDK. This dedicated blockchain will be a cross-chain liquidity settlement layer that will be decentralized. As soon as the Mitosis Chain is live, it will become the secure, immutable book that authenticate and validate all liquidity events. This is the essence of the security model of Mitosis since it offers a minimized source of truth that is no longer reliant on a test environment.Early Supported Assets: When launching on the mainnet, Mitosis would initially consider supporting the largest and most established LSTs in the market including the stETH of Lido and rETH of Rocket Pool. This will enable the protocol to rapidly get a substantial reservoir of high-quality, yield-generating assets, which is central to its economic theory.Basic Support: On the first day, users should be able to deposit their LSTs into Mitosis Vaults and start to use protocol to offer liquidity. Although the entire stack of cross-chain dApps can require some time to realize, the infrastructure of a smooth liquidity will be available and it will be serving as the foundation of the future development. The Post-Launch Roadmap: Next Stop. The debut of the mainnet is only the start. The strategy that the months after the first deployment will follow is just as essential and involves a number of significant stages. Growth of assets and Chains: Once the initial launch is successful, the team will concentrate on adding new LSTs and support to other blockchains. This involves connecting to major networks on Ethereum (such as Arbitrum and Optimism) and stand-alone ecosystems, such as Solana and Avalanche. The gradual growth will enable Mitosis to be a real universal layer of liquidity.Ecosystem Development: One of the main priorities will be the development of the strong ecosystem of developers and applications. Mitosis will proactively seek to recruit builders interested in developing new, really cross-chain applications over its modular liquidity layer. It may consist of cross-chain DEXs, lending protocols and other DeFi primitives that have not been feasible to construct because of the dispensability of liquidity.Complete Governance Activation: With the maturity of the protocol, the community will have complete authority through on-chain governance, with the holders of $MITO tokens free to submit and vote on critical decisions, which will result in long-term decentralization and health of the network. The Effect: Why This is Important to DeFi. The successful release of the Mitosis mainnet is a big change in the overall DeFi environment. It is the time when a speculative solution to the liquidity fragmentation problem will be actualised and a practical, real-life utility. The migration will open up billions of dollars in idle capital that would otherwise remain locked away, enhance security by eliminating risky bridge designs and clear the way to a more capital efficient and more user-friendly decentralized future. The last test of project vision is going through testnet to mainnet. In the case of Mitosis, it represents the point at which its ambitious vision of unified inter-chain liquidity is made a decentralizing reality - a key to the construction of a more efficient and connected financial future. #Mitosis #mito $MITO
How Stakers and LSTs make the future of Mitosis possible: The $MITO Tokenomics Decoded.
The @Mitosis Official economic force of a project in the realm of a blockchain is its tokenomics. Not only do they determine the value of a token, but also the well-being, safety, and overall health of the whole network. In the case of a project as ambitious as Mitosis (MITO) that is supposed to become the basic layer of the inter-chain liquidity, its tokenomics are not simply a side-note to its design, but, in fact, its core. The MITO token is designed in such a way as to establish a strong synergy between two important communities: those who contribute to the network through the Liquid Staking Tokens (LSTs) and the ones that are providing security to the network by staking the token itself, the $MITO . This article will decipher the complex tokenomics of Mitosis, and how those who participate, stakers and LSTs, are not only involved, but are the driving powers of the protocol. It is a model that is not just about governance but it is a flywheel of an economic engine that is self-sustaining and is a system that balances incentives and ensures the survival of the whole multi-chain ecosystem. The $MITO Token: Two Economic Engines in one. The MITO is a token with two main interdependent purposes that play a critical role in the protocol implementation. Governance: Like most decentralized protocols, the ownership of MITO allows the owner of a holding to cast their vote on important proposals. This covers all the upgrades of protocols and fee collections to the community fund allocation. This guarantees that the course of the Mitosis network is left to be in the hands of its community, rather than an individual central party. Utility & Security: Here the tokenomics will be innovative. Voting is not the sole use of the MITO token; it represents the economic collateral to secure all of the inter-chain liquidity layer. The stakers of MITO have incentives to give honest actions as they could lose slashed tokens in case they commit some malicious actions. This establishes a strong economic security framework which secures integrity of all cross-chain liquidity events. The utility of the token is directly dependent on the essence of the network itself. The Liquid Staking Tokens (LSTs): The Cornerstone. The whole economic model of Mitosis revolves around Liquid Staking Tokens (LSTs). LSTs, for the uninitiated, are tokens, such as stETH in the case of Lido or rETH in the case of Rocket Pool, that are staked assets on a proof-of-stake network. They enable users to gain rewards on staking but remain able to use a liquid representation of the staked ETH. Mitosis uses its innovation to the maximum. Mitosis does not ask users to deposit volatile or unproductive assets, but rather asks users to deposit their high-quality and productive LSTs to Mitosis Vaults. This low but effective mechanism opens up the huge reserves of capital that are already earning returns but are lying idly idle. It is a win-win situation. Holding LST allows their already productive assets to be leveraged by one more way by becoming a member of cross-chain DeFi and the Mitosis network obtains access to a deep, firm, and profitable pool of liquidity to energize the entire network. It is what makes LSTs not only a component of the system but its basis. The Staker Role: Networking Security. Although the liquidity is provided by LST depositors, the much needed layer of security is provided by the MITO stakers. Making stakes of MITO is not a passive endeavor, but a role in a complex security model. The economic validators to the Mitosis Chain, the dedicated liquidity settlement layer, are in fact stakers of MITO. Their task is to check the integrity of all liquidity events and make sure that the transactions are valid and that the system does not remain in a state of trust minimization. To this service, they are compensated with as much percentage of the network revenue (in fees) and the new emissions of MITO tokens. This brings about strong economic alignment. The higher the flow of liquidity in the Mitosis network, the higher the fees generated. These are a direct incentive to the stakers to protect the network by providing them a direct reward in the form of these fees and emissions. Likewise, a less vulnerable and liquid network will lure more LST depositors as a self-accelerating feedback mechanism. Economic Flywheel: Self-Sustaining. All these elements combined create a self-sustaining economic flywheel that continues to operate virtuously: the genius of the Mitosis tokenomics. User Deposits: Users, who want their Liquid Staking Tokens to be productive, put them in the Mitosis Vaults. Liquidity Growth: This enhances the Total Value Locked (TVL) in the Mitosis network, which is more appealing and efficient as a cross-chain liquidity. Revenue Generation: Protocol fees are generated by the growing TVL and the rise in the usage of the network. Staker Incentive: A part of these charges and new token issuance is given to stakers of the MITO. Improved Security: The lucrative incentives will increase the number of users willing to invest in stake MITO, and this will improve the overall economic security of the whole network. To attract More Users: A more secure network will bring confidence which will attract more LST depositors and liquidity providers to the network and the circle starts anew.
MITO is much more than a utility or governance token. Its tokenomics are carefully engineered to balance the economic incentives of the entire network users of its LSTs and stakers who enhance the security of a healthy cross-chain network. This model will form a strong and sustainable ecosystem in which each activity, such as making a deposit on the LST and staking the MITO token, has a direct effect on the well-being and success of the protocol overall. Whether Mitosis is successful depends on its incentivization of the following key players, and its tokenomics seem to be a masterpiece in bringing economic incentives to the network security and utility. @Mitosis Official #Mitosis #mito $MITO
Disseminating the knowledge of Mitosis: A New Paradigm of Modular Liquidity.
@Mitosis Official the very idea of modularity is shaking up the blockchain. Rather than one and, literally, monolithic blockchain that deals with the availability of data and its execution, new architectures such as Celestia divide such functions into specialized layers. This method is more scalable, secure and flexible. Although this movement has been mostly aimed at the core blockchain, a new initiative is using the same extremely strong concept to another equally important issue liquidity. Mitosis (MITO) is developing a modular liquidity layer, which will address the issue of disjointed and inefficient capital in the multi-chain ecosystem. It is a break with the old bridge model, that has the effect of being a monolithic solution to a disaggregated problem. Mitosis is not a bridge the size of one shoe but an inter-relationship that is intended to be the central nervous system of inter-chain liquidity. Mitosis is developing a new paradigm of the flow of value between blockchains by disaggregating and decoupling the essential functions of liquidity. The issues of the Monolithic Liquidity. In order to value the modular approach of Mitosis, it is crucial to know the weaknesses of the existing, monolithic, liquidity model. In current times, the liquidity is in silos per blockchain. An Ethereum liquidity pool has no connection to an Avalanche liquidity pool, and each new blockchain or Layer-2 has to bootstrap its own capital. This system is inefficient in its nature. It will lead to duplication of capital, in which huge amounts of money are tied up in unnecessary pools within various chains. It is also ineffective in that liquidity cannot be put in areas where it is needed most. Moreover, the monolithic nature of the majority of cross-chain bridges poses enormous security risks, because most of them are centralized depositories of billions in assets, and thus are the perfect targets of hackers. One point of vulnerability may destroy the entire system. The Heart of Modularity: The Mitosis Architecture. Mitosis addresses these problems by separating the liquidity role into three modularized layers. This is what its innovation is all about. 1. The Mitochondrion (Execution Layer): This layer is the brain of the Mitosis system. The central protocol which handles all liquidity events and transactions is the Mitochondrion. It comprises a series of smart contracts that process the logic of the cross-chain transfers so that a request of a user to be liquidated on one chain is taken into account by the system and met. The Mitochondrion is technically the engine of execution and it defines the way and location of liquidity flow in the network. Mitosis becomes flexible since this execution is not necessarily linked to the underlying settlement and it will be possible to be innovative in the future without having to disrupt the entire system. 2. The Chain of Mitosis (Settlement Layer): It is the center of the modular design of Mitosis. The Mitosis Chain is a secure and decentralized settlement layer built as a specific blockchain based on the Cosmos SDK. It does so with one intention which is to provide source of truth of all cross-chain liquidity. The state is verified and stored when a user deposits assets or initiates a cross-chain transfer by the Mitosis Chain. Since it is a purpose-built blockchain, it can be made security and consensus optimized, which is a robust and minimally-trusted ledger of all liquidity events. That is due to the fact that this isolation of the execution layer guarantees that should a dApp or a particular connector experience a problem, the security and integrity of the primary settlement chain are not jeopardized. 3. Mitosis Vaults (Data/Liquidity Layer): The real liquidity is in this. Mitosis Vaults are custodial, on-chain repositories, which contain the physical assets, most of which are of high quality Liquid Staking Tokens (LSTs) such as stETH. The assets contained in these vaults support the worth of the whole Mitosis system. This layer is a standardized modular layer that allows the underlying capital to be independent of the execution and settlement logic, making them less complex and more secure. These are the Vaults, which form the base, and the Mitochondrion and Chain of Mitosis, which form the infrastructure over the base to share the value of the base. The Dynamics of Modular Liquidity The power of modular liquidity to make new things possible. This is not a mere technical curiosity, but this modular architecture opens up the potential of the whole DeFi ecosystem to achieve new and powerful things. Plug-and-Play Liquidity: The modular design will enable any new blockchain or dApp to plug in to the Mitosis network and connect to a vast pool of shared liquidity immediately. A new Layer-2, such as no longer has to incur huge amounts of resources to bootstrap its own TVL: it merely needs to integrate with Mitosis in order to access the unified liquidity layer. This brings about a competitive and innovative ecosystem.Better Security: Better security since failure in one aspect of the system will not result in a disaster to the entire system. The main settlement layer (the Mitosis Chain) is insular and hardened, offers a secure and verifiable ledger that cannot be easily compromised, even in case the front-end or a particular dApp logic is used.Capital Efficiency and Scalability: The system does not require the duplication of capital in a system with many chains. Multiple layers of execution can be executed in a single pool of liquidity in the vaults resulting in unmatched capital efficiency. Scalability is also ensured by the modular design; the system can add more capabilities as the number of chains and users grows without having to scale directly with the increase in security risks and complexity. A New Analogy Consider it in the following manner: Traditional bridges are the way of constructing a new, special road between a new two cities. It is costly, ineffective and every road is a possible point of failure. Mitosis is a high-speed, central, railroad net-work. The destination station that confirms everything in terms of travel is the Mitosis Chain. The Mitochondrion is the dispatch system, which transfers trains (liquidity) in the most efficient way, and the Mitosis Vaults are the depots in which the cargo in the trains (the actual assets) is kept in safety. This system enables smooth and effective movement to all destinations in the network without constructing a new track on a one-on-one basis. When the concepts of modularity are applied to liquidity itself, Mitosis is not merely creating a product, but a layer upon which a new generation of decentralized finance will be built-in-the-middle, a liquidity that is no longer a fixed resource, but a dynamic, moving, and to a whole new level of accessibility utility. #Mitosis #mito $MITO
Somnia (SOMI): The Future Developments and Partnerships - The Road Ahead.
The @Somnia Official usefulness of any cryptocurrency project is not merely its usefulness at the present, but it can be useful in the future. In the case of Somnia (SOMI), the most essential aspect that gives evidence of the future of a project is their roadmap and strategic alliances. Having a glance at the future prospects and major partnerships, we can realize the way in which the SOMI token and its ecosystem are going to be developed. This prospective analysis gives the insight of the long-term vision of the project and the possible implications on its value. The major milestones on the Roadmap. The roadmap of Somnia is a future map, working on the creation of a strong, promising, and easy-to-use platform. The developments are planned to resolve the existing limitations in the metaverse space and capture a larger number of users and developers. Full-Scale Protocol Rollout: The main part of the Somnia technology is the interoperability protocol. The roadmap lays out comprehensive published release of this protocol which will be a significant milestone. This will mean that developers can begin to develop on the Somnia standard and have unobtrusive interoperability of avatars, assets, and identities across various virtual worlds. This is one of the most important steps towards the implementation of the internet as the metaverse vision and will probably become a major trigger to adoption and utility of tokens. Release of the Somnia SDKs: The platform should have a lively community of creators. Somnia team aims at launching an integrated package of Software Development Kits (SDKs) and developer tools. These are meant to enable ease of creation of their own experiences by the game developers, artists, and builders on the Somnia protocol. Reduction of entry barrier will help Somnia to acquire a diverse pool of content creators, and this will consequently spur the interest in the SOMI . A marketplace A marketplace is a major aspect of a successful digital economy. The roadmap provides the details of the decentralized marketplace where users will be able to purchase, sell and trade a vast range of digital assets, including avatars and land plots, unique wearables and other NFTs. The marketplace will treat the SOMI as its indigenous currency, which will be direct because the value of the token is directly proportional to the economic activity in the ecosystem. Expansion of the Somnia Chain: With expansion of the network, the capacity of the network should also expand. The future of the project consists of the development of the Layer 1 blockchain to make it capable of managing a greater volume and complexity of transactions. These technological advances are fundamental to ensuring a fast, cheap and quality experience to everybody including the amateur gamer and the professional developer. Strategic Partnerships: Powering the engine. Partnerships are the essential element of Somnia strategy since they allow reaching new markets, acquiring new users, and introducing new value to the ecosystem. Such partnerships usually indicate confidence in the market and may greatly affect the value of the token. Gaming and Entertainment Co-operations: Somnia is also trying to form alliances with large gaming studios and entertainment agencies. One of the potential solutions is a partnership with a mainstream game development company that would entail integrating the Somnia protocol into their current titles and expose millions of players to the idea of interoperability. As an example, what might happen were a character skin out of a popular game to be used as avatars in another social metaverse - this is the type of real use that such partnerships will open the door to.Brand and Intellectual Property (IP) Partnerships: The metaverse is a fresh frontier of brands and Somnia is ideally placed to exploit this. Collaboration with fashion houses or sports brands or artists may result in production of exclusive digital property, virtual worlds or brand worlds on the Somnia protocol. Such partnerships not only will enrich the ecosystem but also introduce the token of SOMI to a wider audience.Cross-Chain Integrations: Somnia is a Layer 1 blockchain, but the team understands the necessity to collaborate with the broader Web3 ecosystem. The roadmap incorporates the cross-chain integrations, where the asset and data could be transferred between Somnia and the other prominent blockchain such as Ethereum or Polygon. This would greatly increase the scope and the usefulness of the $SOMI token, and it will be a part of a bigger, more interconnected network. The Impact on SOMI's Value The latter developments and collaborations in the future are not merely technical achievements, but the immediate catalysts of the value of the SOMI token. The more utility and demand: The more features become accessible, the broader the field of application of the SOMI token will be. Naturally, the demand of the SOMI will increase with the increase in the number of transactions, users, and in-world commerce, and this effect will positively impact the price. Investor Confidence: The successful implementation of the roadmap and the news of high-profile partnerships create investor confidence. This is an indication that the project is under good management and has the way to get a long way into sustainable growth that can appeal to both retail and institutional investors. Network Effects: The more developers it has and the more users the platform attracts, the more the Somnia project is under the influence of a strong network effect. The network becomes more appealing to every new user and creator and becomes more popular as a result. This is an exponential increase which is a major cause of long-term valuation of the token of SOMI. To sum up, it can be seen that the future of Somnia (SOMI) is bright, and a well-defined roadmap is aimed at the creation of a genuinely interoperable metaverse. The intended expansion and collaboration initiatives will expand the ecosystem, make the token of the ecosystem more useful and make Somnia a base layer of the next generation of experiences on the internet. To investors and enthusiasts, the close observation of these developments in the future will be important in determining the long term potential of the project. @Somnia Official #Somnia #SOMI $SOMI
OpenLedger ($OPEN): Opening a New Decade of Transparency and Decentralization.
The blockchain sector is growing at an incredibly fast rate with an endless number of projects that are aiming to transform the way we access digital assets, financial services, and decentralized applications. One of these upcoming names is OpenLedger ( OPEN ), which is making headway as a community-driven, utilitarian, and transparent project. However, what is Openledger and why are both investors and blockchain enthusiasts interested in it? Let’s dive in. --- What Is Openledger (OPEN)? Openledger is not another crypto token. Fundamentally, it is a decentralized ecosystem meant to offer safe, open, and scalable solutions to users in the Web3 economy. The project focuses on financial accessibility free (open access), with the purpose of eliminating the obstacles that have traditionally limited the involvedness in conventional finance. OpenLedger is holistic where most projects in blockchain focus on technical infrastructure or trading tokens. It aims at establishing a free flow of data, assets and transactions in an ecosystem that is both secure and free of charge all the time when the users retain ownership of their information. --- The Vision of OpenLedger. The vision of the Openledger can be encapsulated into three words, namely, transparency, accessibility, and empowerment. Transparency: All facets of the platform are meant to be transparent, including the governance decisions and tracking the transactions. This is useful in generating trust in a place that has been accused in most cases of hidden agendas.Accessibility: OpenLedger aims at making the blockchain tools accessible to all and not only to crypto-native users. Its interface and product suite are meant to help bridge the needs of the Web2 users to the Web3 opportunities.Empowerment: Openledger enables communities to create the future of finance by providing them with ownership of their assets and enabling decision making without having to rely on centralized institutions. The vision is in line with the main philosophy of decentralization, where power is in the hands of the many and not of the few. --- The $OPEN Ecosystem has a number of key characteristics. 1. Utility-Driven Token The ecosystem is based on the open. In addition to the fact that it is a simple tradable asset it performs several functions: Voting in governance: The token holders are able to actively influence protocol upgrades and ecosystem policies.Staking & rewards: The users can stake open to protect the network and have incentives.Access & discounts: Having an account of $OPEN can grant special options, lower fees, or high-end services in the platform. It is an excellent multi-utility design that allows $OPEN to have a substantial base of sustainable demand and community involvement. --- 2. Scalable and Secure Infrastructure. The Openledger is designed to be scalable and thus capable of providing high throughput of transaction without compromise of the security. This is essential to mass adoption since networks that are unable to support large amounts of activity may find it difficult to keep up with competition. --- 3. Community-Driven Governance Openledger focuses on decentralization, as opposed to a centralized crypto project, where decisions are made in secret. Each holder of OPEN is able to influence the future of an ecosystem, which makes it an environment of real participation in finance. --- 4. Real-World Use Cases OpenLedger is not a theory, but rather aimed at practical implementation. Since decentralized finance (DeFi) apps to international payments and tokens of assets, OPEN is trying to streamline the complicated aspects of financial operations and still be inclusive. --- The Reason Openledger is Important in the Crypto World of today. The crypto space is overwhelmed with noise and thousands of tokens are vying to attract the attention of investors. The distinguishing factor of Openledger is transparency and utility. Most of the projects fail once the hype settles down, but OpenLedger aims to create long-term values via continuous innovation and practical implementation. Moreover, the time is also important. With the increasing global demand towards decentralized financial services, a project such as Open Ledger, with easy to use and powerful infrastructure can easily succeed. --- The Potential Investor and User Benefits. To those who are interested in $OPEN , the following are some of the benefits of them: 1. Early Adoption Benefit: It tends to be beneficial to be a part of a developing ecosystem early in its existence. 2. Multi-purpose: The token has several purposes namely staking, governance and access and is not just a speculative token. 3. Community Focus: When projects are run well with high user participation, they are likely to develop in a more sustainable manner. 4. Transparency: The investor and partner trust is established by open communication and management procedures that are transparent. --- Risks and Challenges to be considered. Openledger, similar to any other crypto project, is also not risk-free: Market Volatility: Like any other token, OPEN will be exposed to volatility that is caused by the larger market patterns.Adoption Curve: The adoption will be successful in the case in which the project will be able to draw a large and active user base.Competition: Openledger is not the only player in the DeFi and Web3 industry; the company needs to stand out. To the prospective investors, it is necessary to have a balanced view: based on the risk and the opportunities, it is advised to consider the risks before getting involved. --- The Future of OpenLedger: What’s Next? The roadmap of OpenLedger consists of more integrations, ecosystem collaboration, and stronger community involvement. The project will need to provide practical utility, and remain focused on its principles of openness and decentralization as the project continues to expand. It might be that in the future, Openledger turns into more than a token, it will be a pillar in the decentralized finance space, where transparency and inclusiveness stimulate creativity. --- Final Thoughts OpenLedger (OPEN) is making a niche in the blockchain space when it matters most, trust, transparency, and the empowerment of the users. As a trader, utility-focused investor, or a Web3 enthusiast, there is much to be learned at Openledger. Despite the risks that the crypto space will continuously be associated with, OpenLedger has a vision and structure that will make it a promising project to follow. Provided that it is capable of implementing its roadmap and maintaining good relationships with the community, OPEN may become a permanent participant in the decentralized financial revolution. @OpenLedger #OpenLedger #open
Mitosis: Is this the Future of Inter-Chain Liquidity?
@Mitosis Official Decentralized finance (DeFi) world is an immense and rapidly expanding ecosystem, yet it is plagued by a significant flaw, fragmentation. Although dozens of blockchains have been created that have their own specific advantages, they are islands and have their own liquidity pool and clientele. An end-user who wishes to transfer assets out of Ethereum to a fast chain such as Solana or a Layer-2 such as Arbitrum is subjected to a nightmare of complex, usually risky, and expensive cross-bridges. The result of such discontinuous liquidity is inefficiency, high transaction costs, and aggravating user experience. It is an issue that has curtailed the potential of DeFi. The new protocol is Enter Mitosis (MITO) and its ambition is far more ambitious: to bring these isolated liquidity pools together, and build a single, seamless inter-chain liquidity layer. If mitosis is not another bridge, it represents a baseline infrastructure that is intended to reimagine the transportation of value between various blockchains. The project will address the underlying problem of fragmented capital through establishing a new paradigm in which liquidity is not only transferred but it is a universally available resource. The Issue of a Disunited DeFi World. One has to value the magnitude of the problem in order to realize the need of Mitosis. At the moment, when a user wishes to participate in a DeFi activity on another chain the user has to use bridges. Although there is a purpose to bridges, they are normally marred with negative effects. First of all is security. Hackers have made many bridges their main target resulting in the loss of billions of dollars in their exploits during the last several years. This is mostly because of their lock and mint model whereby the user will have his assets locked in the source chain and the wrapped representation minted in the destination chain. This forms a honeypot of stagnant capital which in case of breach will result in catastrophic losses. Second is inefficiency in capital. Liquidity is siloed. An Ethereum liquidity pool is incompatible with Solana and the other way round. This compels developers to re-create and re-invest liquidity pools per individual chain and causes duplication of effort and capital which is locked up and not utilized. It is as though there is a different banking system in each state of a nation and no one can easily move money to another state easily. Lastly, the user site is ineffective. The exorbitant charges, slippage, and complicated system of handling various wrapped tokens in multiple chains discourages but the most committed users. There is no need to stress that there is an increasing demand to have a simple, secure, and efficient solution. Mitosis: A Liquidity New Paradigm. Mitosis deals with these challenges by proposing an architecture that is radically different. Its most significant innovation is that of a 2-piece system: the Mitochondrion (the liquidity protocol) and the Mitosis Chain (a specialized settlement layer). The brain of the operation is the Mitochondrion. It is a protocol which takes control of and coordinates the liquidity of several chains. Mitosis relies on a special prove-of-liquidity system, rather than directly transferring assets. Customers place their assets, namely, Liquid Staking Tokens (LSTs) such as Lidos stETH, into Mitosis Vaults. This is best suited to LSTs as the latter are the stake of a user in a proof-of-stake network, which is already yielding. This is then locked and high quality liquidity that is used by mitosis to provide a foundation of all cross-chain transactions. The central settlement layer is the Mitosis Chain, which is a Cosmos SDK-based application. It is a dedicated blockchain, which confirms and authenticates every cross-chain liquidity occasion. It plays the role of a reliable referee and therefore makes sure that transactions between various chains are carried out safely and openly. Mitosis can also be used by its reliable settlement chain, which eliminates the security risks of traditional bridges, which use multisig wallets or external validators that have a single point of failure. The Technology: How It Works: Unpacking. The beauty of Mitosis is the fact that it uses Liquid Staking Tokens (LSTs). At present, a large share of capital is tied in staking, or, in other words, is idle with regard to DeFi utility. Mitosis is the key to this capital since users can deposit LSTs in its vaults. Users in turn get Mitosis Liquid Assets (MLAs) which is a claim to their deposited LSTs. Such MLAs may then be applied to any supported blockchain without the underlying stETH having to be moved. Once a user on Chain A desires to use liquidity on Chain B, the protocol at Mitosis will ensure that the user has MLA holdings on the Mitosis Chain and be used to complete the transaction, and yet the original stETH is in the vault secure. This credit system is credit-based, which implies that it is not a locked and unlocked system; it is just authenticated and utilized wherever it is required. It is a game-changer in capital efficiency because it will enable the re-use of billions of dollars of assets that are currently in inactive stakes. To users, it means that they can be involved in DeFi on more than one chain without losing their staking rewards or experiencing the frustration of bridging. Instead, they receive the benefits of both: passive yield on assets that they have staked in addition to a cross-chain liquidity layer that is seamless, secure, and costs very little. The Mitosis Advantage: Game Changer. Mitosis is an interesting vision of the future of a more connected and efficient DeFi. Its key advantages include: Improved Security: Mitosis has the added benefit of minimizing the chances of malicious attacks and the loss of assets because it operates off of a dedicated verifiable chain, and does not follow the lock and mint model.Unparalleled Capital Efficiency: It liberates huge quantities of liquid staked capital, moving it off the balance sheet and making it a dynamic multi-chain resource. Lower Costs: Having a single stream of liquidity and with the ability to route transactions efficiently, Mitosis can provide lower cost and much less slippage to users. Foundation for Innovation: Mitosis solves the liquidity fragmentation problem and builds a foundational layer that can be used to support a new era of fully cross-chain applications like decentralized exchanges or lending protocols. The Road Ahead Mitosis has presented an interesting vision of where liquidity will run like information. The innovative approach of the project has already attracted much attention even though it is at an early stage. It will be successful in terms of its capacity to appeal to a sufficient number of users and liquidity providers and its compatibility with the broader DeFi environment. #Mitosis #mito $MITO
The $ZKC Economy A New Utility in the Endless Network Ecosystem.
@Boundless in the cryptocurrency space, where nothing can be as simple as a digital asset, a token can easily be more than a digital asset, it can be the blood of its ecosystem. Among the available projects, tokens have portrayed vague promises, the ZKC has a clear utility and is at the core of establishing a self-sustaining and dynamic economy. Boundless Network is not merely a technological project, but the economics of the new model and the one that runs on the ZKC token. The Future of Hypothesis: Utility in Action. The depth of cryptocurrency is not its speculative price, but rather its intrinsic utility, and in this respect, ZKC can be viewed as a model of one of the tokens created with the ground-up approach and intended to be a basic necessity of its network. It is not simply a medium of exchange but a multi dimensional asset that fuels the mainstream operations of the Boundless Network. Imagine it like this: all the activities, all the interactions and all the progress in the Boundless ecosystem are being driven by ZKC. Such an unremitting supply of the token generates a natural feedback loop such that the growth of the network is directly proportional to the utility of the token. The Pillars of the $ZKC Economy. The value of the ZKC can be sub-divided into three pillars: 1. The Gas and Fee Mechanism All operations on the Boundless Network, even a basic exchange of tokens, or the running of a sophisticated smart contract, cost gas. These fees are paid in ZKC. This is not merely a value transfer mechanism but an essential part of the network in terms of its security and efficiency. The network deters spam and malicious behavior by charging transaction fees and this is a direct source of income to the validators and stakers. This is so beautiful because the more applications (dApps) are decentralized on Boundless Network, and the more the people using those applications, the higher the demand of the gas in terms of ZKC will become. This is the utility-based demand which is a great growth impetus in the long run. 2. Network Security and Staking. The community of stakers ensures that Boundless Network is secure and decentralized, allowing the holders of the tokens, ZKC, to lock their tokens and be used to verify transactions and make the network secure. They in turn are provided with a part of the transaction fees and a share of the newly issued number of token coins of ZKC. The purpose behind such a staking mechanism is various: Security: It generates a great economic incentive that makes the participants act honestly and make the network secure. The first is what is known as decentralization: It dispenses network control to a multitude of actors, ensuring that no individual power can acquire excessive influence. Passive Income: It is a means of rewarding token holders, thus promoting commitment over the long term and limiting the supply in the market. 3. Community Control and Governance. A decentralized governance is an essential part of a truly decentralized network. The holders of the ZKC are not only the investors, but also the stakeholders of the future of the project. The token grants the holders the right to vote on critical proposals, including protocol upgrades, new features, and modifications of the economic parameters of the network. This state of control will make sure that the Boundless Network is developed in a manner that will positively impact its community rather than only a few developers or investors. It creates a feeling of ownership and responsibility, so the community is one of the main sources of innovation and development. A Deflationary Force? The utility of a combination of gas and a staking asset and a governance token, designated as the ZKC, is an effective deflationary pressure. This is because as the network expands, a larger number of tokens is tied in staking and transaction fees. The more dynamic the network is made, the more the supply in circulation is limited, which, consequently, can lead to the rise of price pressure. This is an extreme difference to high inflation and low utility projects, where the value of the token is diluted continuously. The ZKC economy is set to be the self-reinforcing system in which the utility, adoption, and the value of a token all interrelate.
The vision of Boundless Network goes way beyond the technology. It is an imagined future of a new form of digital economy, which is driven by actual utility and is controlled by the community. The most crucial aspect of this vision is the $ZKC token, as it is not a speculative asset, but an important element of an effective and sustainable ecosystem. To the believers in the strength of the utility of a token as a tool to create long-term value, the case presented by the ZKC economy is a good one of an alternative paradigm. @Boundless #boundless $ZKC