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Fantom is known as a highly scalable decentralized project and independent blockchain network, and is considered an alternative to the Ethereum network. The decentralized, permissionless network provides developers with a scalable solution to develop and launch decentralized applications (dApps) and cryptocurrency projects with smart contract capability. Fantom price is updated live on Binance. The Fantom network is popular with decentralized finance (DeFi) users, enterprise applications, and Ethereum Virtual Machine (EVM) developers. Fantom Opera is its open-source, fully permissionless mainnet, which uses an Asynchronous Byzantine Fault Tolerance (ABFT) consensus mechanism called Lachesis. Nodes within the Fantom network reach consensus independently without the need to agree on finalized blocks. For users, transactions are typically confirmed and finalized in just a few seconds. The network's native token, FTM, has three primary uses cases: To pay network fees when transacting or interacting with smart contracts on the Fantom Opera mainnet. For users to stake in order to become validators. Faster nodes that can confirm transactions quicker receive more rewards under the Fantom network design. To be used in governance on the blockchain, including voting on proposals that affect network decisions. #FTM: $FTM #Write2Earn!
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Kava Lend is referenced as a decentralized money market platform that is built on the interoperable, cross-chain capable Cosmos blockchain network, which leverages its network token ATOM to operate and function. The main function of Kava Lend is as a cross-chain blockchain lending and borrowing protocol. It supports supply-side deposits for assets like BTC, XRP, BNB, BUSD, ATOM, KAVA, and USDX. Kava Lend works by leveraging the Kava blockchain to offer secure and scalable cross-chain DeFi services. Users can deposit their digital assets into the Kava Lend platform, which then allocates these assets into lending pools. Borrowers can take loans from these pools by providing collateral in supported cryptocurrencies. The interest rates for lending and borrowing are dynamically determined based on supply and demand within the platform. The cross-chain operation promoted by the Kava Lend protocol is powered by the Inter-blockchain Communication protocol (IBC). The IBC protocol grants interoperability to projects that build their networks on Cosmos as an official ‘zone’, which are essentially sidechains that depend on the functionality of the Cosmos Hub, or main chain. #HARD
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Radiant Capital (RDNT) aims to be a cross-chain money market, enabling users to deposit and borrow various major assets across multiple blockchains. Radiant's cross-chain interoperability functions using LayerZero messaging and Stargate's stable router interface, enabling lenders to reclaim their collateral and direct withdrawal across chains. As per the project, a key advantage of Radiant's platform is its unique Dynamic Liquidity Providers (dLP) and gated emissions model, which addresses the challenges of unpredictable and transient liquidity often encountered in DeFi 1.0. This innovative solution ensures that liquidity providers have the flexibility to reclaim their collateral and withdraw it seamlessly across chains. $RDNT, an OFT-20 token, serves as Radiant's native utility token. Powered by Layer Zero Labs' innovative omnichain fungible token (OFT) interoperability solution, $RDNT enables seamless transfers of tokens across different blockchain networks. Through Governance Proposal RFP-4, the emission of $$RDNT okens serves as a powerful incentive for ecosystem participants to actively contribute to the platform as dynamic liquidity providers (dLP). #RDNT #Write2Earn! $RDNT
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SUN is a cryptocurrency with the purported intent to promote the development of decentralized finance on the TRON blockchain network. The Sun platform is powered by the $SUN token. SUN underwent a considerable upgrade in 2021, resulting in a complete overhaul of its assignment, infrastructure, and even the SUN token itself, which was re-denominated and swapped with the new version of SUN at a 1:1000 ratio. With this upgrade, the SUN platform acquired the decentralized exchange, JustSwap. The upgraded Sun platform integrates asset exchange, liquidity mining, stablecoin exchange, and decentralized autonomous organizations to enable the TRON DeFi ecosystem to grow with a DEX as the core. The platform claims to combine the platform features of multiple trading exchanges to create a high-performance, low-cost, and high-security integrated DEX infrastructure for the TRON Network. The Sun Token platform reportedly provides users with multiple functionalities, such as transaction fee rewards for liquidity providers, LP liquidity mining, and SUN token staking rewards. #SUN #Write2Earn!
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Floki is 19% down in 24hrs Floki 24hrs low: 0.0001253 Floki 24hrs high: 0.0001592 % Loss : 20% $FLOKI #Write2Earn! #FLOKI?
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