AAVEAave is a decentralized money market protocol where people can lend out their assets to earn interest, or borrow various cryptocurrencies against their deposited collateral. The protocol has a native token AAVE, which is used by its community to make collective decisions on the direction of the protocol.Aerodrome FinanceAerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.AllbridgeAllbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM (Like Ethereum, Polygon, BSC) and non-EVM compatible (like Solana, Terra) blockchains, that aims to cover L2 (like Arbitrum, Optimism) solutions and NFT transfers in the future.BalancerBalancer is a multi-token automated market maker (AMM) that functions as a self-balancing weighted portfolio protocol. Balancer is built on the Ethereum network. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Compared to a typical constant product AMM model, Balancer uses a generalization formula that could be adjusted to any number of tokens at any amount of weightage.BaseBase is a layer-2 blockchain built on top of Ethereum, designed to support a new wave of open internet applications. It's powered by Optimism and aims to create a sandbox for building apps, games, and digital assets, making Web3 accessible to everyone. Base emphasizes simplicity, offering a low-cost, secure, and scalable environment for developers and users alike to explore and innovate within the blockchain space. Celer NetworkCeler is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.CurveCurve is a decentralized exchange protocol. It is mainly utilized for swapping various stablecoins, as its Automated Market Maker mechanism is designed to handle such trades very efficiently. The protocol's native token is CRV, which people may stake for periods of time in order to earn the right to partake in the protocol's governance decisions as well as to claim a part of the protocol's cash flows.frax financeThe Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically. With the vision to create highly scalable, decentralized money in place of fixed-supply digital assets like BTC.Gearbox ProtocolGearbox is a generalized leverage protocol. It allows you to take leverage and then use it across other DeFi protocols and platforms in a composable way.Hop ExchangeBridge Ethereum, Polygon, Gnosis, Optimism, ArbitrumionicIonic is a decentralised non-custodial money market protocol, supported by a comprehensive security monitoring and failsafe systems. Ionic gives users the complete control over their funds by providing best interest rates on Mode Network. With meticulously designed tokenonomics model, Ionic aims for robust and long-lasting growth, cultivating exemplary conduct among all participants for the collective benefit of every stakeholder.Jumper ExchangeA truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, onramping. Powered by LiFi Protocol. Live on EVM and Solana!Lido### What Lido is an open source tool and family of protocols that enables users to mint liquid staking tokens (sTokens) - These liquid staking tokens receive rewards from validation activities of writing data to the blockchain, but unlike their staked counterparts, are "unlocked" which means they can be used in other on-chain activities, like DeFi. Lido protocols let users stake native tokens (ETH, MATIC, SOL) from Ethereum, Polygon, and Solana networks in a fully permissionless way. And as the protocols are deployed on public blockchains, users do not need the website to access the smart contracts. ### Why Traditional staking means that users need to lock-up their ETH or other native asset to be able to secure the network and receive the respective rewards. However, this means that these tokens can't be used for anything else while they are staked. Lido aims to solve this problem. Lido protocols give users liquidity - users are able to receive staking rewards from validation activities, but can sell their stTokens (tokens minted on Lido) anytime they want to exit their staking position. In addition, it allows users to participate in DeFi while getting rewards - Because sTokens are unstaked and thus "liquid", users can use stTokens as building blocks in DeFi protocols at the same time as getting staking rewards from validating activities. The Lido DAO also works with experienced node operators, which decreases the likelihood of technical mistakes that could lead to slashing or penalties and minimizes the technical burden for users to receive staking rewards. Users supply the stake, and the node operators supply the know-how. modeMode is the Modular DeFi L2 building the Superchain alongside Optimism. The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution. Mode builds new onchain economic systems to enable developers to scale their applications, provide higher yields for users. If you have ever deployed to any EVM chains you can deploy to Mode quickly and easily. MoonwellNo description availableMorphoMorpho Blue is a decentralized protocol enabling the overcollateralized lending and borrowing of crypto assets (ERC20 Tokens) on the Ethereum Virtual Machine. The protocol is implemented as an immutable smart contract, engineered to serve as a trustless base layer for lenders, borrowers, and applications. RainbowFun, powerful, and secure wallets for everyday use. Rainbow is a fun, simple, and secure way to create an Ethereum wallet, collect NFTs, and explore the new world of Web3. silo financeSilo is a non-custodial lending protocol to borrow any crypto asset with another.StargateStargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFiSturdy FinanceSturdy is a DeFi protocol for interest-free borrowing and high yield lending. Instead of charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders UniswapUniswap is a decentralized exchange protocol (DEX). It allows people to set up or contribute to liquidity pools consisting of various ERC-20 token pairs, or to use the available liquidity to swap their tokens against another using its Automated Market Maker (AMM) mechanism. ### Why AMMS are one of the building blocks in the crypto space as they always provide users with a price between two assets. Uniswap uses a simple X * Y = K, formula to price assets where x is the amount of one token in the liquidity pool, and y is the amount of the other. k is a fixed constant, meaning the pool’s total liquidity is always the same. ### Risk There are various risks involved with using AMMS. These include but are not limited to: Protocol Risk - risk due to mechanics in the design of a protocol. Even when the protocol functions as intended there might be risks e.g. high slippage incurred in trades due to the liquidity curve set-up Smart contract risk - This is risk from an error in the code causing the contract to operate in ways unexpected by the developers. It might leave the code vulnerable to exploits or other attacks Cybersecurity risk - Hackers, Exploiters or other malicious actors trying to attack Uniswap ### Reward Uniswap is arguably one of the largest AMMs in crypto and is usually the protocol where tokens find the most liquidity. Its UI/UX is extremely simple and users can trade most tokens with little problems. VelodromeThe Trading and Liquidity Marketplace on OptimismZoraZORA is a group of individuals working towards a new paradigm for creators by enabling the creation, curation, and collection of NFTs. By enabling a more equitable system for creators and communities, we will fundamentally rediscover the power of the internet. ZORA also publishes their own zine at zine.zora.co
AAVEAave is a decentralized money market protocol where people can lend out their assets to earn interest, or borrow various cryptocurrencies against their deposited collateral. The protocol has a native token AAVE, which is used by its community to make collective decisions on the direction of the protocol.
Aerodrome FinanceAerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
AllbridgeAllbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM (Like Ethereum, Polygon, BSC) and non-EVM compatible (like Solana, Terra) blockchains, that aims to cover L2 (like Arbitrum, Optimism) solutions and NFT transfers in the future.
BalancerBalancer is a multi-token automated market maker (AMM) that functions as a self-balancing weighted portfolio protocol. Balancer is built on the Ethereum network. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Compared to a typical constant product AMM model, Balancer uses a generalization formula that could be adjusted to any number of tokens at any amount of weightage.
BaseBase is a layer-2 blockchain built on top of Ethereum, designed to support a new wave of open internet applications. It's powered by Optimism and aims to create a sandbox for building apps, games, and digital assets, making Web3 accessible to everyone. Base emphasizes simplicity, offering a low-cost, secure, and scalable environment for developers and users alike to explore and innovate within the blockchain space.
Celer NetworkCeler is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
CurveCurve is a decentralized exchange protocol. It is mainly utilized for swapping various stablecoins, as its Automated Market Maker mechanism is designed to handle such trades very efficiently. The protocol's native token is CRV, which people may stake for periods of time in order to earn the right to partake in the protocol's governance decisions as well as to claim a part of the protocol's cash flows.
frax financeThe Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically. With the vision to create highly scalable, decentralized money in place of fixed-supply digital assets like BTC.
Gearbox ProtocolGearbox is a generalized leverage protocol. It allows you to take leverage and then use it across other DeFi protocols and platforms in a composable way.
ionicIonic is a decentralised non-custodial money market protocol, supported by a comprehensive security monitoring and failsafe systems. Ionic gives users the complete control over their funds by providing best interest rates on Mode Network. With meticulously designed tokenonomics model, Ionic aims for robust and long-lasting growth, cultivating exemplary conduct among all participants for the collective benefit of every stakeholder.
Jumper ExchangeA truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, onramping. Powered by LiFi Protocol. Live on EVM and Solana!
Lido### What Lido is an open source tool and family of protocols that enables users to mint liquid staking tokens (sTokens) - These liquid staking tokens receive rewards from validation activities of writing data to the blockchain, but unlike their staked counterparts, are "unlocked" which means they can be used in other on-chain activities, like DeFi. Lido protocols let users stake native tokens (ETH, MATIC, SOL) from Ethereum, Polygon, and Solana networks in a fully permissionless way. And as the protocols are deployed on public blockchains, users do not need the website to access the smart contracts. ### Why Traditional staking means that users need to lock-up their ETH or other native asset to be able to secure the network and receive the respective rewards. However, this means that these tokens can't be used for anything else while they are staked. Lido aims to solve this problem. Lido protocols give users liquidity - users are able to receive staking rewards from validation activities, but can sell their stTokens (tokens minted on Lido) anytime they want to exit their staking position. In addition, it allows users to participate in DeFi while getting rewards - Because sTokens are unstaked and thus "liquid", users can use stTokens as building blocks in DeFi protocols at the same time as getting staking rewards from validating activities. The Lido DAO also works with experienced node operators, which decreases the likelihood of technical mistakes that could lead to slashing or penalties and minimizes the technical burden for users to receive staking rewards. Users supply the stake, and the node operators supply the know-how.
modeMode is the Modular DeFi L2 building the Superchain alongside Optimism. The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution. Mode builds new onchain economic systems to enable developers to scale their applications, provide higher yields for users. If you have ever deployed to any EVM chains you can deploy to Mode quickly and easily.
MorphoMorpho Blue is a decentralized protocol enabling the overcollateralized lending and borrowing of crypto assets (ERC20 Tokens) on the Ethereum Virtual Machine. The protocol is implemented as an immutable smart contract, engineered to serve as a trustless base layer for lenders, borrowers, and applications.
RainbowFun, powerful, and secure wallets for everyday use. Rainbow is a fun, simple, and secure way to create an Ethereum wallet, collect NFTs, and explore the new world of Web3.
StargateStargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi
Sturdy FinanceSturdy is a DeFi protocol for interest-free borrowing and high yield lending. Instead of charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders
UniswapUniswap is a decentralized exchange protocol (DEX). It allows people to set up or contribute to liquidity pools consisting of various ERC-20 token pairs, or to use the available liquidity to swap their tokens against another using its Automated Market Maker (AMM) mechanism. ### Why AMMS are one of the building blocks in the crypto space as they always provide users with a price between two assets. Uniswap uses a simple X * Y = K, formula to price assets where x is the amount of one token in the liquidity pool, and y is the amount of the other. k is a fixed constant, meaning the pool’s total liquidity is always the same. ### Risk There are various risks involved with using AMMS. These include but are not limited to: Protocol Risk - risk due to mechanics in the design of a protocol. Even when the protocol functions as intended there might be risks e.g. high slippage incurred in trades due to the liquidity curve set-up Smart contract risk - This is risk from an error in the code causing the contract to operate in ways unexpected by the developers. It might leave the code vulnerable to exploits or other attacks Cybersecurity risk - Hackers, Exploiters or other malicious actors trying to attack Uniswap ### Reward Uniswap is arguably one of the largest AMMs in crypto and is usually the protocol where tokens find the most liquidity. Its UI/UX is extremely simple and users can trade most tokens with little problems.
ZoraZORA is a group of individuals working towards a new paradigm for creators by enabling the creation, curation, and collection of NFTs. By enabling a more equitable system for creators and communities, we will fundamentally rediscover the power of the internet. ZORA also publishes their own zine at zine.zora.co