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Polymesh is a layer 1 blockchain solution developed to support regulated assets, mainly in the form of security tokens. Polymesh aims to enable enterprise clients and organizations in the financial and business sectors to digitally securitize and distribute fractional increments of real assets in the blockchain environment. Security tokens have multiple use cases which can help enterprises scale profitability, distribute leverage and risk in a balanced and healthy model. Polymesh has aimed and built its network and functionality around security tokens created from tokenizing real-world assets and supporting their deployment and development. Polymesh implements Nominated Proof-of-stake (NPoS) as the underlying consensus mechanism which secures the platform. The mechanism utilizes node operators and stakers to delegate network validation responsibilities among permissioned node operators. In contrast to the standard permissionless model prevalent in fully decentralized systems, node operators in this secured blockchain are permissioned. This is due to the need for additional security measures to ensure the safe distribution of regulated assets among network participants. As a result, node operators are licensed financial entities with permission to operate within the system. Issuers, investors, stakers, and node operators are all said to be required to complete identity verification processes to be permitted to participate in blockchain operations. Network security is looked after in this way by the Polymesh team, as larger enterprise-grade institutional clients make up a significant part of the network’s ideal client based on its developed proposition. #Polyx $POLYX #Write2Earn!
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SLF Token is the native token that powers the Self Chain network and its ecosystem. Self Chain is the first modular intent-centric access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths. Self Chain aims to simplify onboarding and asset recovery through keyless wallets, giving users full self-custody over their digital assets. Additionally, it rewards decentralized applications (dApps) automatically when they successfully execute user intentions, improving overall user satisfaction. By incorporating Account Abstraction with MPC-TSS, Self Chain intends to enhance security and lowers transaction costs, making blockchain interactions more accessible and secure. Self Chain's journey began with a strategic pivot in early 2022, driven by community support and a rebranding effort. This decision was made following a community vote, recognizing ongoing issues with traditional EOA wallets, such as complicated key management, the risk of losing seed phrases or private keys, and poor user experiences. As per the project’s website, Self Chain offers various use cases that enhance security, user experience, and interaction in the blockchain ecosystem. By streamlining complex transactions with simple user intents, it wants to make blockchain operations more accessible. Its keyless wallets improve asset management security while enhancing user experience. #SLF $SLF #Write2Earn!
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IDEX is a "Hybrid Liquidity DEX." IDEX combines an order book and matching engine with a traditional Automated Market Maker (AMM) to incorporate elements of both decentralized and centralized exchanges. It operates on Polygon's Matic Network. IDEX allegedly provides users with order book features and AMM security and liquidity. Using real limit and stop-loss orders, IDEX purportedly enables traders to obtain desirable spreads, provide liquidity, and avoid failed transactions. The platform is powered by the ERC-20 token $IDEX. IDEX allows users to maintain full custody of their cryptocurrency funds while allegedly ensuring security. The IDEX token serves as the underlying asset for all network operations. Thus users can use it as the primary payment method on the network. IDEX relies on a Proof-of-Stake (PoS) consensus mechanism and employs equity and node operators to protect the network and validate transactions. IDEX holders can stake their IDEX to enable users to operate their staking node or delegate their IDEX to existing nodes. IDEX states that IDEX stakers collect 50% of all trade fees collected on the network. #IDEX $IDEX
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Ooki is a fully decentralized margin trading, borrowing, and lending platform built on the Ethereum blockchain.Ooki is a non-custodial platform, which means that users retain control of their own funds at all times. Ooki is a cross-chain, fully decentralized, community-run project, governed by the community vote for all major changes to the protocol. Ooki is a protocol for margin trading, borrowing, lending and staking. Ooki Protocol allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on multiple blockchains. As per the project, the prominent features of its platform include: o No KYC - Ooki is a decentralized margin trading platform and users don’t need to complete any verification or KYC. o Non-Custodial - Whether lending or trading, users maintain control of their own keys and assets with our non-custodial solution. o Minimal Liquidation Penalties - Positions that become undercollateralized are only liquidated enough to bring margin maintenance from 15% to 25%. #OOKI #Write2Earn! $OOKI
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Blackcardcoin has achieved a significant trading volume of $24,000,000 in the last 24 hours! This remarkable activity has caught the attention of major exchanges and suggests that the coin is now on the radar of T1 exchanges. Recently, the project left only 10,000,000 tokens in circulation, and just two days ago, Whitebit announced it would list #blackcardcoin This news has generated considerable excitement among investors and crypto enthusiasts. Do you think #bccoin could be listed on Binance soon?"
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