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The bulls return!! A greener market and alt coins everywhere showing glimpses of life, some pumping for the heavens like resistance isn’t even a thing. This upturn is often a relief for the smaller projects out there that hitch a ride on the back of a Bitcoin explosion as the funds trickle down into other ecosystems. In this edition of the Moon Mag, we’ve got some great ideas on making crypto this year. Many crypto projects like to establish a relationship with their customers by giving them alternative ways to benefit from their token, whether it be creating a node, staking or simply helping with their marketing push in return for an airdrop of coins. We also see alot of mutual collaboration happening, not just with customers, but also with other projects in the cryptoverse. Partnering up with other projects opens up a huge amount of options and crucially, a new audience. I always like to look at who is sharing the most and bringing the most benefit to their community and their connections. A special mention to Stack OS too, one of our favourite projects, I noticed how well they’ve held their trend whilst the market was red so I’m expecting big things from them. Enjoy!
Editorial
This month we look at 2 of my favourite projects StackOS and O3 Swap, both have had extensive development as the market has gone sideways and down, and now is the time to be relooking at these projects and where they’re heading. This month is also full of the best tips and tricks to earn crypto, borrow crypto and how to best make passive income from your crypto. The MOON MAG is all about helping you find the best projects and having your crypto working for you! If you asked me last week when we were all swimming in green and confidence had returned to the market, or if you ask me today as I write and the overall crypto market has pulled back with a sea of red and from stop-losses being triggered “Where are we heading, Lisa?” The answer remains the same, there is no time like right now to make those investments in STRONG projects that are going to be at the forefront of change. I hope you love the information as much as I love bringing it to you!!! Make sure you also jump into the MOON MAG chat if you have projects you think we should look at or comments on anything we are bringing you <3 Lisa
A note from Josh…
A note from Lisa…
O3 SmartChainInterchangeGamesloansOptions for financing without StackOSintermediaries 7 Different Ways To Earn Crypto With DeFi In 2022 3630231406 This magazine is sole property of gettingstartedincrypto.com and is not to be redistributed in any form anywhere else.
CONTRIBUTORS
Aldrich Shillian
Daniel Jimenez
Kel Udeala
I’m a quantitative analyst and a mechanical engineer. I took an interest in crypto because my line of work led me down the financial trading and investment rabbit hole, and it’s only a matter of time before you reach crypto. I enjoy researching different crypto projects, and attempting to forecast their roles in the future financial and technology systems. I also find the volatility of the charts and the resulting crypto-Twitter posts very thrilling.
Daniel has been a blockchain technology evangelist since 2012 and is a faithful believer in the Crypto ecosystem. Daniel also writes for Coin Telegraph!
Daniel Dudek
Aldrich (or Rhys to those in the Signals group!) has been HODL’ing since 2017 and is proud of surviving bear markets, rug pulls and still trading successfully enough to have paid off all debts. Recently, he’s jumped head-on into NFT projects - particularly ones that combine his love of gaming.
This magazine is sole property of gettingstartedincrypto.com and is not to be redistributed in any form anywhere else.
I am a Quantitative Biology PhD student with a small addiction to crypto. One of my favorite things about crypto is its ability to revolutionize everything we do, from payments to culture. Real implementation and interoperability between projects are what I am passionate about in this space.
written by Daniel Jimenez
7 Different Ways to Earn Crypto With DeFi in 2022
Without losing the sense of decentralization, various ways have evolved to make profits in cryptocurrencies with these financial products.
Among the offerings of these products are LP tokens, liquidity pools, liquidity mining, Proof of Stake (PoS), token velocity, Initial Validation Offerings (IVOs) and NFT monetization; as some of the options to earn crypto with DeFi in 2022.
These DeFi protocols are developing a different and new generation of financial services, such as loans, trading services, and derivatives, among others, which represent a paradigm shift when it comes to understanding finance and new technologies.
For several years now, financial projects based on decentralized finance (DeFi) protocols have tried to replicate basic financial services.
Without further ado, let’s take a tour of each of these options which can help you grow your portfolio in this lunar year of the Tiger so you can roar loudly!
Source: TheLuWizz
In this explanation by the CEO of NGRAVE, this method of generating income with DeFi is very well illustrated:
During the token lockup process, liquidity providers receive liquidity provider (LP) tokens as proof of deposit. These LP tokens can be a percentage of transaction fees, interest from lenders, or a governance token. These returns are expressed as an annual percentage yield (APY).
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“LP tokens are an IOU (“I OweYou”) and an identifier, not unlike a cloakroom ticket at a nightclub. Users keep the LP token to have proof of their deposit, and when they want to withdraw their share of the liquidity pool, they hand over the LP token and their proportionate share of the asset pool is returned to them, just like picking up their coat at the end of the evening”.
Yield Farming
According to CoinMarketCap, the total locked value of liquidity pools in yield farming projects is $5,310,197,158.76 at the time of writing, with Venus (based on BSC), Curve (based on Ethereum), and Sushi Swap (based on Ethereum) leading the ranking.
1.-
Yield farming is the practice of staking or lending crypto assets to generate high returns or rewards in the form of additional
Thesecryptocurrencies.protocolsincentivize
These yield farming protocols reward liquidity providers with governance tokens, which can generally be traded on both decentralized exchanges like Uniswap and centralized exchanges like Binance.
liquidity providers (LPs) to stake or lock their crypto assets in a smart contract-based liquidity pool.
More explicitly, liquidity mining occurs when a yield farming participant earns rewards in the form of tokens as an additional prize. This process became prominent in2020 when the Compound lending platform began issuing its COMP governance token to users of its platforms.
2.-
Liquidity Mining
Liquidity mining, or liquidity farming, is a mechanism by which projects offer incentives in the form of their own tokens to provide capital to the project. Usually, this incentive is distributed on the same scale among all the contributed capital, which creates a virtuous circle.
Like the cloakroom ticket, the LP tokens themselves initially had little to no intrinsic value. They were only really useful at the deposit point and collection point.
The following infographic is quite useful to understand the process itself:
Currently, this type of mechanism, which at the time allowed the creation of a virtuous circle around Bitcoin, is allowing the growth of these projects to accelerate.
3.- Proof of Stake (PoS) or Proof of Participation
Previously, with the PoW method, miners were required to solve complex cryptographic puzzles by validating block transactions by spending a large amount of energy. With Proof of Stake (PoS), miners, according to the number of coins they hold, have the power to validate without compromising energy expenditure compared to PoW.
Proof of Stake cryptocurrencies include Cardano, Tron, and EthereumEOS.
According to Staking Rewards, the Global Staked amount is about $212.499 billion, with Terra, Solana, Cardano, Pòlkadot and Tron having the highest net Staking Inflow of the PoS protocols.
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From the investment point of view, the owners stake their coins and obtain a symbolic authority, and as they accumulate rewards they can obtain a greater property.
is expected to emerge as the great rival to other staking alternatives in the ecosystem once it changes from the current protocol of PoW to PoS in the middle of this summer 2022.
The proof of stake (PoS) model was developed as a more secure and accessible alternative to the PoW method, proof of work, to confirm transactions and expand the blockchain.
Other unique benefits you can get from participating in a PoS protocol and staking your tokens range from additional services to reductions in transaction fees.
Another point to take into account in PoS staking is the problem of the speed of mining the tokens, which can be reduced to the extent that users are encouraged to bet tokens to obtain unique benefits that are not freely available to other users.
5.- The Monetization of NFTs (Non Fungible Tokens)
Currently, there are several scenarios where these two ecosystems merge, such as stablecoins, DAOs, loans and decentralized platforms (DEX).
Investment in digital currencies has largely focused on capital appreciation in the sector. Alternative staking introduces staking pools that allow users to lock a single token and receive rewards either in the same token or a third-party token.
That is, the protocols receive additional liquidity from those users who do not feel confident enough to participate in other DeFi protocols.
With this strategy everyone wins, from the native protocol by obtaining greater liquidity to the common user for delegating their coins.
Decentralized finance and NFTs (Non-Fungible Tokens) are already walking hand in hand. The crypto world is constantly evolving and increasing in complexity and adapting to new economies, as it is, in the case of NFTs.
4.- Alternative Staking: Earn in Another Token
The universe is further expanded when you link these DeFi options to other sectors such as blockchain metaverses and blockchain gaming.
Part of the vision of the early developers of blockchain technology was to create a fully digital, interoperable and decentralized world, where all traditional financial practices (gaming, art, payments, remittances, loans, etc.) converge.
Today, we have advanced towards this utopian convergence. The blockchain metaverses are a clear example of the possibilities of NFT and DeFi convergence: engaging in the digital exchange of NFTs while at the same time earning income from lending/borrowing NFTs, generating passive income from NFT mining on gaming platforms for example; or simply using your non-fungible assets as collateral on established decentralized platforms in the DeFi space.
The Validators Initial Offering (IVOs) has turned token staking into a method of crowdfunding.
The IVO is a crowdfunding mechanism whereby investors place their existing tokens or assets at stake, using one or many PoS networks to “interchain-mine” a new token instead of liquidating their valuable assets to acquire new, highly speculative tokens.
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As a result, this investor earned just over a million dollars in benefits for taking advantage of a loan in BAYC NFT from a vault on the NFTX platform.
An example of this interoperability and the ability to generate income in DeFi in 2022 with NFTs is the feat achieved by an unknown user in March with the APE Coin token, by borrowing 5 BAYC NFTs and benefiting from the ongoing airdrop of the native token of the exclusive NFT platform.
6. Cross-chain Mining
That is, participants can tokenize their staked assets through a derivative contract and then deploy those tokens to DeFi networks to take advantage of staking opportunities, allowing investors to profit and stake their tokens twice.
Thecurrencies.participants who deliver their coins to generate this new token can obtain benefits in the IVO that range from early access to higher allocation slots in the sale of tokens of a new blockchain startup.
During the process of an IVO, validators, through a proof-of-stake (PoS) network, lock their tokens and cross-chain mine a new token. This allows the financing of new projects to be carried out through crowdfunding, without using the validators’ own digital
Liquid Staking reframes the scope of possibilities for cryptocurrency investors. Using this method, token holders can stake their tokens to become validators on the Proof of Stake blockchains, and then receive tokenized versions of the funds.
Liquidity Staking
7.-
According to DeFi Pulse, the current Total Value Locked is around $79.15B, with Maker, Curve Finance, and Aave leading the ranking of DeFi protocols by TVL. Some estimates have considered that this sector may grow tenfold in the next few years to as much as $800B, according to veteran crypto investor Matthew Roszak.
The decentralized finance sector has proven to be a strong use case in the blockchain industry since the first protocols began to appear a few years ago.
The reasons for the increased adoption of DeFi protocols range from a greater adoption of cryptocurrencies around the world to the search for viable options to increase crypto asset profitability to generate greater wealth than from traditional finance methods, mainly due to the deterioration of macroeconomic variables resulting in an increase in inflation rates and incessant devaluation of fiduciary currencies such as the dollar (in all its facets).
For these reasons, if you are an investor or a simple cryptocurrency holder; it is important to know the viable options to increase your profits using the decentralized finance sector in the fascinating world of cryptocurrencies.
Of course, remember, every investment carries a risk and must be studied by the user. Until the next Moon Mag!
There are good examples of this type of use case, which we have already addressed in our previous edition of Moon Mag (Issue #02), where it basically consists of using the protocol to delegate tokens from the main network to receive synthetic assets, from NFTs to fiat currency, on other blockchain networks on a 1:1 ratio, depending on the decentralized application (dApp) used.
Remember to Weigh the Risks vs Rewards
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With blockchain as the underlying technology, Bitcoin and the many altcoins that power this ecosystem offer a variety of options to earn returns, all while foregoing the screens and costs of traditional finance by financing without intermediaries.
beyondthetheyenthusiastsManyJimenezcryptocurrencyareoblivioustothepotentialearningscouldgeneratefromassetsintheirwallets,holdingandwaitingforthepricetoriseforareturn;especiallyforthelesstechnicalandthosewithlittleknowledgeoftradingpractices.
Smart Crypto Loans: Options for Financing Without Intermediaries
written by Daniel
Cryptocurrency is becoming a predominant option for payments. And more people are discovering it is also an excellent opportunity to invest. If you are not planning to sell your crypto assets, you can get more value for your assets with crypto loans.
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The fintech sector is undoubtedly one of the great beneficiaries of the progress that blockchain technology has made in recent years with the explosion of DeFi protocols offering ways to grow the value of cryptocurrency. One of the fastest growing sectors of DeFi is lending protocols.
From an investor point of view, you will be surprised at the higher interest rates you can earn than from traditional banking on the amount you loan in cryptocurrencies like Bitcoin or Ethereum. In addition to traditional interest, borrowers can hold digital assets as collateral for a loan.
A powerful tool for an unbanked population
According to data from the World Bank, the microfinance industry managed to mobilize between 60,000 and 100,000 million euros towards developing countries in just 15 years, becoming one of the most disruptive and innovative financial products among multilateral organizations and NGOs.
Since then, microcredit services have had defenders and detractors due to their unequal results. But the truth is that, currently, about 2 billion people are still excluded from financial systems. The percentage of the unbanked increases to 30% or 35% in rural populations that depend on agriculture to survive, according to the Global Findex of the World Bank.
There is a universe of options in terms of platforms to obtain a loan in DeFi. According to DeFi Pulse, the Maker, Aave and Compound protocols are the main options chosen byDeFi users for financing without intermediaries.
Collateralized loans are useful because borrowers can stake their crypto assets as collateral for loan repayments. If the borrower is unable to repay the loan, investors can sell those assets and recoup their loss.
Collateralized loans
Collateralized and uncollateralized loans
There are currently two types of loans in the DeFi sector: collateralized and flash loans (without collateral).
Since DeFi enables open and pseudonymous finance, no one has a credit score or any kind of formal identity associated with the loan applied for.
Thus, like mortgages, most DeFi loan applications will require borrowers to collateralize their loan as an incentive to hold them accountable for debt repayment.
However, the key difference between traditional collateral and DeFi collateral (as it stands today) is that collateralizing a loan on these platforms will require the borrower to over-collateralize the loan.
Collateralized loans are the backbone of lending in the DeFi space. With a growing source of funds, the lending space has been one of the driving reasons and go-to applications behind the DeFi movement since 2019. With open protocols allowing for excess collateralized lending, crypto investors can now benefit from leveraged trading to earn more.
These three protocols have a Total Value Locked of $33.24 billion, which represents 90% of the TVL of the lending protocols in DeFi.
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However, at the level of utility for the less technical user and from the point of view of eliminating barriers to entry into the ecosystem, NEXO and BlockFi are excellent options for the average investor.
This lender specializes in offering loans instantly without any paperwork to its users as long as users can guarantee the loans with cryptocurrencies. On the other hand, BlockFi is a platform that offers traditional financial services, but using cryptocurrencies. It was founded in 2017 and started operations in January 2018.
In the case of NEXO, the financial services platform offers instant credits to its users in more than 45 fiat currencies that can be withdrawn at any bank around the world or spent using the Nexo Mastercard credit card. The platform also allows savers to deposit their funds in an interest-bearing account that passively earns interest.
There are other more advanced models of loans with crypto assets such as uncollateralized loans, which are based on chain “trust” and open access to lenders of almost any size and background, while providing borrowers with the best capital efficiency possible.
To prevent market fluctuations from changing the amount to be received, BlockFi ensures that loans are granted on the same day of your Unlikerequest.bankloans,
While much of DeFi’s success has been based on overcollateralized lending, uncollateralized lending is seen as the next transformative step for the sector.
The traditional unsecured lending market is an $11 trillion global industry, and while it is a promising market, there are few options yet for DeFi in this regard.
with BlockFi it is possible to pay more than the corresponding installment, or even the total balance, at any time, without being charged any penalty or commission.
One of the attractive products that BlockFi offers is its cryptocurrency-based loans, which have very low payment rates and up to a 50% loan-to-value ratio.
Uncollateralized loans
Platforms such as TrueFi or Credefi in this sector are a clear example, offering a vehicle that produces high returns, at consistent and predictable rates with manageable risk profiles, creating a natural bridge between traditional and decentralized finance.
The process in these protocols is a mixture of both worlds, whereby the reputation of retail and institutional users is supported by a legal framework to enforce action against delinquent loans. The approval of these loans is made by the holders of the native token of each of the respective loan platforms, who ultimately vote on whether or not to approve the credit to the candidates arranged on a kind of “whitelist”.
A borrower profile is built based on on-chain credit scores powered by the platform’s native token, used for both investor engagement and platform governance.
The borrower must repay the principal and interest on or before the term expires. Delinquent borrowers will face legal action in accordance with the loan agreement signed during incorporation.
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In some cases, these processes can be managed with the help of other disruptive technologies such as artificial intelligence (AI) for risk assessment including the performance evaluation of borrowers, as well as the size of the risk that the investor is willing to assume.
In general, this type of loan allows any SME or startup to channel sufficient funds in cryptocurrencies to deploy towards their development, without resorting to traditional banking but under a similar scheme.
• Collateral – Compare the amount of collateral you need to obtain a specific loan amount among different platforms.
• Fees – Compare the costs of different platforms for different currencies.
• Deposit Limit – Check whether there is any minimum deposit amount requirement.
If such legal action fails to collect on the loan, lenders may lose some or all of the value of the loan.
In addition, another potential risk in this type of loan is lower liquidity in the tokens, generating greater slippage and the payment of more expensive fees to be able to exit positions at any time on decentralized exchanges. However, the timely intervention of the team behind the protocol through activities such as the repurchase or burning of tokens are part of the actions used to mitigate risks.
• Duration of the Loan: Check if it is fixed or not.
The delinquent borrower’s creditworthiness will have been assessed before the loan. However, in the event of a default on an unsecured loan, they face both reputational damage and legal action.
• Interest Rates – Choose a platform based on the interest rate of that particular currency on any specific platform.
Risks of unsecured loans
How to choose a cryptocurrency lending platform?
There are several factors that you need to consider when selecting any lending platform. Some of the key factors to consider are:
Measures taken by the protocols to mitigate this risk include the creation of security funds to totally or partially support the default of payments by delinquent borrowers,comprised of the capital used in the pools for disbursement of these loans.
While this allows such platforms to be indiscriminate in approving loans, unsecured loans come with a much higher standard of trust that the borrower must meet.
Compared to collateralized loans, unsecured loans primarily have a potentially higher risk of loss; whereas protocols that require collateral are protected by that collateral in the event of default.
• Platform Risks – Please review the history of the platform for a better understanding of the risks.
You do not need to lend all cryptocurrencies on the same platform. You should research other platforms to find out where you can get better returns for your chosen cryptocurrency.
Likewise, borrowers should compare different platforms to see where they can get a crypto loan at the lowest interest rate for their crypto asset.
What do crypto loans solve?
In the first place, it is possible to solve a fairly common problem for many people/ companies: the availability of circulating cash. Many small businesses today prefer to invest their capital in digital assets, due to their strength as an investment and exchange currency.
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Owing to unforeseen circumstances or bad planning, a business may find that at a certain moment their cash flow dries up. And then they are forced to request financing even if they have their own capital. Crypto loans were created with the intention of solving these problems.
The most important point is that you need to select the right platform for a particular coin. For example, if you see that Binance offers better returns for lending Bitcoin, you should consider Binance for bitcoin.
Thanks to the use of the peer-to-peer model, entrepreneurs or anyone has the opportunity to obtain an economically attractive form of financing support for their ventures or needs. Investors, on the other hand, earn from interest rates.
An alternative for many business profiles
Crypto loans are already becoming an alternative for many micro-businesses, as well as for a certain sector of independent investors.
These investors see in this modality the opportunity to generate additional income based on the investment made in crypto assets. For both the lender and the borrower, crypto lending provides an opportunity to reinvest their capital, without having to part with their assets acquired in cryptocurrencies.
In this way they generate an additional income to their expected return and maintain a certain security in their investment.
Both parties benefit from the minimization of currency costs, thanks to the use of cryptocurrencies and blockchain technology. In this way, when making settlements, both the borrower and the lender do not need access to online exchange or bank services.
And, for borrowers, they represent the opportunity to access financing for their projects quickly and easily, without the tedious and bureaucratic processes established by traditional banks. In any case, this new use of cryptocurrencies is a good investment alternative.
A new modality of crypto loans is emerging involving the generation of investment baskets. These are very attractive to some groups that see in it the possibility of multiplying the performance of their crypto assets.
The O3 Interchange
The O3 Interchange is a cross-chain decentralised (DEX) aggregator that allows users to swap native assets across different blockchains. Not only can users exchange completely different tokens native to different chains, but the O3 Interchange also aggregates decentralised exchanges at the source chain as well as at the destination chain, ensuring users have access to a wide range of tokens and the necessary liquidity. It is the product of O3 Labs, a development team based in Singapore with very talented global developers, providing multi-chain asset management to over 150,000 users in over 40 countries across mainstream blockchains since 2017. The project started as a wellrecognised wallet within the NEO community and has since morphed into a crucial Defi-facilitating protocol that is interoperable across various prominent blockchains. The O3 Swap Token (O3) is an application token issued by O3 Swap, creating an economic model to encourage participants and developers to invest in maintaining and promoting the health and development of the O3 Swap network.
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written by Kelechi
The increasing emergence of Layer 1 blockchains seeking to improve on and differentiate themselves from the shortcomings of prior blockchains has increasingly fractured liquidity and dispersed capital. The O3 interchange is a critical infrastructure that will defragment this dispersed capital and grant DEX users access to liquidity, significantly increasing choice and facilitating the growth of decentralised finance and the economies underpinning current blockchains.
The O3 Interchange is the second version (V2) of O3 Swap (V1), and now supports aggregating DEXs on both the source chain and destination chain. The improvement that led to the creation of O3 Interchange came from the O3 community’s feedback to push the boundaries of what’s currently technologically possible. The community will soon follow a DAO structure - O3 DAO - a decentralised autonomous organisation where users can make proposals to help improve the user experience of O3 Swap and other O3 products. The $DAO3 token, which isn’t yet created, will be the governance token for the O3 DAO. All $DAO3 holders can vote on proposals that may change the O3 protocol and propose other utilities like unlocking rewards at a faster rate, accelerating the $O3 mining speed or partnering with different projects for mining events.
The O3 Interchange comprises various layers to achieve its pool of cross-chain assets - the Applications Layer, the Protocol Layer, the Market Liquidity Layer, and the Network Layer, which includes blockchains such as Avalanche, Binance Smart Chain (BSC), Ethereum, Fantom, NEO, OKEx Chain (OEC) and XDAI (Gnosis Chain). It also aggregates liquidity from Layer 2 scaling networks such as Arbitrum, Optimism, and Polygon.
The application layer consists of O3 Wallet, O3 Swap, the O3 Bridge, and the O3 Gas Station. O3 Wallet is a decentralised multichain wallet available on iOS, Android, macOS and Windows while O3 Swap is the cross-chain aggregator, and the O3 Bridge allows users to safely bridge their tokens from one chain to another instantly with one-time transaction confirmations. The O3 Gas Station enables users to exchange gas tokens such as ETH, BNB, MATIC and others directly without buying these from centralised exchanges (CEX). It will further enable a completely decentralized experience.
The diagram above only serves to explain the processes within the O3 Interchange; it is all buried within a smooth and straightfor ward user interface.
The protocol layer consists of the crosschain aggregators and the Pegged Token Management Contracts (PTMC). The crosschain aggregators enable access to the order books of many decentralized exchang es at once. The PTMC manages the token burning on the source chain and minting on the destination chain to make the crosschain token transfer possible.
The market liquidity layer consists of the various DEXs and Automated Market Maker (AMM) pools that provide liquidity for the diverse range of tokens a user may want to swap. As mentioned above, the network layer consists of the various blockchains and their Layer 2 side-chains.
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Total Supply: 100,000,000
Circulating Supply: 35,725,691 Contract Address: 0xee9801669c6138e84bd 50deb500827b776777d28 (Avalanche, BSC, Ethereum, Huobi ECO Chain, Polygon, OKEx)
Max Supply: 100,000,000
Data
change#1.2-protocol-layerhttps://docs.o3swap.com/o3-v2-inter https://twitter.com/O3_Labs
All Data Is Current at Time of Writing
Community
Telegram https://t.me/O3LabsOfficial Discord https://discord.com/invite/bsqAnjVXM8
White Paper
https://o3swap.com/
Trade
Token Allocation
Genesis Incentive: 5% Feedback: 5% Mining: 35% Team: Investment10% & Cooperation Institutions: 15% 30%
Reserves:
Website
The O3 token derives value from its intrinsic utility, buybacks, staking, trade mining and yield farming. The demand arising from the token’s utility and the ecosystem’s growth will drive token price appreciation. For instance, the revenue from the platform will go towards buying back O3 on public exchanges, which is subsequently sent to the O3 Swap Treasury for redistribution. Token buybacks usually decrease the available supply in the open market, causing price appreciation. Additionally, Token holders can stake their tokens to participate in community governance to enjoy trading discounts and other member rights. Staking rewards come from the O3 Swap Treasury and are proportional to staked O3 tokens. What’s more, users will also receive O3 tokens as a reward for using the platform. This incentive is called trade mining, and users will receive rewards according to the volume of their purchases.
Finally, liquidity providers (LPs) can earn rewards via yield farming. Users can generate LP tokens by depositing single or multiple tokens into the O3 cross-chain pool. These LP tokens represent the LPs’ right to redeem their assets and earn O3 token rewards from trading fees proportional to their contributions to the cross-chain pool. The amount of LP tokens redeemable by liquidity participants increases because 100% of the trading fees in the cross-chain pool (O3 Hub) accrue to LPs in the form of these LP tokens. On withdrawing liquidity, the pool reimburses LPs to their original tokens or pairs.
What does O3 do for investors?
Where To Purchase the O3 Token
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The O3 token is available on centralised exchanges such as Gate.io, Huobi Global, MEXC Global in addition to decentralised exchanges like Pancake Swap, QuickSwap, Trader Joe and Mdex. The DAO3 tokens will be fair-launched to O3 token stakers. Users staking $O3 (eth) will receive DAO3 on (eth), during which a portion of the staked $O3 is burned forever while voters will be rewarded more $O3 at the end of the voting process.
Investors in the project include NGC Capital, OKEx Ventures, Gate.io Labs, NEO and more. NGC Capital invested in Polkadot, Solana, Ankr, Avalanche, and Algorand; OKEx Ventures invested in Arbitrum, Aurora, and Gods Unchained; Gate.io Labs invested in 1inch, Woo Networks, and SOMA Finance.
According to Payment for Order Flow (PFOF) from financial authorities such as the UK’s Financial Conduct Authority, reports from CNBC in the USA, TechCrunch and others, the revenue from trading applications for traditional financial instruments exceeded $10 billion in 2020, a rise from about $3.2 billion in 2016. Various sources, including CNBC, noted that user numbers climbed from about 28 million in 2016 to over 91 million in 2020. A catalyst that has propelled the retail investor’s use of applications for investing in traditional assets is simplifying the processes and tools - smoother apps, mobile apps, seamless operation and simplicity.
Market opportunity
With the increasing number of blockchains attempting to differentiate themselves and approach the scalability, security and decentralisation trilemma in unique ways, interoperability and chain bridging have become hot topics. The sheer number of available blockchains has fragmented liquidity and dispersed capital. Investors have to become more tech-savvy to use some of the nascent bridging solutions available to transfer value from one blockchain to another. To address this issue of fragmentation and lack of interoperability, developers launched Wormhole, AllBridge, Synapse and Celer Network and HopExchange. Notwithstanding, for the digital asset economy to truly become competitive with traditional asset classes, these bridging solutions must be easy to use; this is where the O3 Interchange shines. With its EVM compatibility and continued product offering expansion, covering cross-chain bridging, NFTs and Defi, O3 Interchange is a significant contender in the blockchain space with a vital value proposition that delivers in ways its competition has not.
Similarly, as the digital asset market capitalisation steadily grows, a crucial catalyst will be simplifying underlying infrastructure, allowing easier participation from retail and institutional investors alike. The O3 Interchange is a critical part of this enabling infrastructure, further diminishing the barrier to entry for investors by making the participation and value transfer easier. Furthermore, with backing from successful Venture Capital firms lending not only capital but also expertise and their networks, the project is on a path to leverage the market’s growth, growing its valuation in the process.
Enabling users and investors to transfer value between different blockchains via a simple interface without the trouble of juggling multiple wallets and protocol interfaces is a significant value proposition.
The roadmap
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Even while remaining anonymous, the team consistently ‘ships code’ and have delivered a fantastic product that is decentralised, stable and provides an important use case for its users. O3 Labs is currently completing its Q1 goals for 2022, after having achieved its 2021 Q4 goals. Its Q1 and Q2 goals for 2022 includes publishing the Token Economy V2 for its Interchange, launching the O3 DAO and building the O3 governance community. After completing these goals, O3 Labs will launch O3 relayers election voting, fully deploy the O3 economy system and continue integrating with more blockchains.
Conclusion
With attractive user incentives and ever-growing support for multiple chains, the project and its native token are significantly undervalued. And one cannot mention enough the need for decentralised cross-chain swaps. If you only take one thing away from the analysis above, it should be that “the industry needs decentralised cross-chain swaps more than ever”, and O3 Labs just built an amazing one.
O3 Lab’s product suite, especially O3 Interchange, is critical for onboarding new participants into Defi ecosystems and ensuring a better experience for existing participants. More so, it will significantly break siloed blockchain economies and facilitate the seamless flow of value like never before. The industry needs decentralised cross-chain swaps more than ever; with a diverse, talented and experienced group of developers and some of the most successful venture funds backing their value proposition, O3 Labs delivers a gem in the industry with O3 Interchange.
Decentralize everything with StackOS. #DeCloud written by Daniel Dudek
Polygon: 0x980111ae1b84e50222c8843e3a7a038f36fecd2b
Discord https://discord.com/invite/W3phTcR8sS
Advisors: 6% = 60,000,000
Medium https://medium.com/stackos
BitMart: STACK/USDT Dfyn Network: STACK/DFYN BKEX: STACK/USDT
Circulating Supply: 359,034,426.22 : MC ($39,232,051)
Total Supply: 1,000,000,000 : Fully Diluted MC ($110,614,125)
Team: 17% = 170,000,000
Seed Sale: 6% = 60,000,000
Where To Purchase the Token
Uniswap(Source:Pair)(V2) : STACK/WETH
Public Sale: 3% = 30,000,000
Youtube
PancakeSwap (V2) : STACK/WBNB Uniswap (V3) : STACK/WETH
Token Data - $STACK
Website https://www.home.stackos.io/ Litepaper
Token Allocation - $STACK
PancakeSwap : STACK/WBNB
Contract Address: ETH: 0x56a86d648c435dc707c8405b78e2ae8eb4e60ba4 BEP20/BSC 0x6855f7bb6287F94ddcC8915E37e73a3c9fEe5CF3:
OS?s=20&t=X0PfzYMf7Zv9kTLDX3dqVwhttps://twitter.com/DeployOnStack Telegram t.me/StackOS
All Data Is Current At Time Of Writing
ber=truestackos/mycompany/?viewAsMemhttps://www.linkedin.com/company/
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DOypimXY0ubjfNH3cr_owAhttps://www.youtube.com/channel/UC
Current price: $0.1112 / ATH: $0.34
d3wphhttps://docsend.com/view/wq7qxzjk7zs
Foundation: 49% = 490,000,000
Dfyn Network: USDC/STACK
As seen on numerous mainstream media platforms such as Nasdaq, Cointelegraph, NewsMaxTV, yahoo Finance, Bloomberg, and Fox News, StackOS has created a no-code, cross-chain, and open protocol to provide decentralized web services to the world. Think Amazon Web Services but decentralized. Whether a developer needs to deploy a blockchain, WordPress application or an app like Facebook, StackOS simplifies the process and allows the user to focus on what’s important, their own project. Thinking more critically, as we are transitioning further into an increasingly digital world it is of vital importance that we as a people shift from relying on centralized entities to provide the web infrastructure for everything we do to a more trustless, anonymous, censorship resistant, and decentralized web, which we all envision web 3.0 to become. This is what StackOS is aiming to accomplish. In their own words, creating a “Cloud of the people, for the people, by the people.”
Private Sale: 19% = 190,000,000
By looking at Vishnu’s CV, you can tell that he is an extremely talented individual. Not only did he graduate from Savitribai Phule Pune University, which is one of the premiere universities in India, but he attended Harvard University as well. His mechanical engineering background from India and financial education from the US, paired with his exhaustive list of blockchain project involvement and vision for StackOS puts him on the pedestal of what a CEO & Chief Architect should be. If you invest in projects based on their leaders, your worries should be alleviated with Vishnu at the helm.
CEO & Chief https://www.linkedin.com/in/vishnukorde/Architect
There is no one else better to hold the title of Chief Infrastructure Officer than Karthik. He was a Fidelity Investments Cloud Architecture Consultant from 20152018 and a Cloud Architect for Veracode since 2018 before his current position. Along with these cloud focused positions, he has developed infrastructure automation for Caterpillar Inc. and Verifone, both of which are instrumental corporations in their respective industries. Karthik is an elite infrastructure engineer and is more than qualified to implement the vision of StackOS.
Core Team
Karthik Ghantasala ●Chief Infrastructure Officer
Iman van der Maas
Vishnu Korde
https://www.linkedin.com/in/iman-van-der-maas-6b7a96ba/
●Chief Marketing Officer
Iman, who hails from the Netherlands, has an extensive background in sales and marketing from working at five different companies since 2013. He is also the author of the most insightful overviews of StackOS, especially the article outlining the node NFT incentive structure. He definitely shows his prowess in the marketing department and the notoriety they have had in mainstream media is a result of that. Having a powerful marketer is key to cut through the noise in the crypto space.
First, what is StackOS? StackOS is a multichain decentralized cloud computing ecosystem which allows participants to profit from providing computational resources to businesses, projects, or really anyone who wishes to deploy an application in a decentralized manner. Why is this important, you may ask? Well, I’m sure you have noticed that the incidence of outages on discord, facebook, twitch, websites, streaming services, etc. have become more frequent. This is because a majority of the web is hosted on a small collection of centralized web service providers, including Amazon AWS, Microsoft Azure, Google Cloud, Alibaba Cloud, and IBM Cloud. Therefore, when we experience an outage of AWS, or any of these providers, everything falls into chaos. Just observe the drama on twitter afterwards. Enter StakOS. With StackOS, businesses can deploy any application they wish, i.e. a website or blockchain protocol, and guarantee their services won’t go dark. This is critical for blockchain as a government at any time could force centralized service providers to implement restrictions, i.e. not allowing access for blockchain related activities or even choosing which crypto projects are allowed to operate.
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What Does $STACK Do For Investors?
The token $STACK is only one facet of this decentralized cloud computing ecosystem. The token acts as the currency on the network. When an individual deploys their application, depending on the CPU millicores, memory, storage, and bandwidth requested, there will be a monthly plan price which needs to be paid in $STACK. The $STACK is then locked in an escrow account and will be paid once the contract is fulfilled. There are 2.5% DAO and GOV fees incorporated into the monthly plan price. As a token holder, you can benefit in the traditional digital asset ecosystem sense by trading, staking for APY%, voting in the DAO, delegating to nodes, and providing liquidity. There are numerous ways you can participate in the ecosystem instead of passively holding. Are you really participating if you are simply holding?
Conclusion
Now let’s discuss their highlighted “High APY Program”. To be clear, this is an optional program and you still receive all incentives previously mentioned. To participate, you pay a $100 maintenance fee per month for your node. In return, you will receive $180 in $STACK. $100 of which can instantly be collected, albeit there is a tax until after 3 months, and $80 will be disbursed over 1 year. The more months you participate in the High APY Program the more STACK will be dripped to your NFT, increasing its value significantly. Below is an example of how you can generate massive profits over two years by participating in this optional incentive program.
The foundational building block of StackOS is the implementation of node NFTs. These NFTs are slots on the network representing a node to be supplied by the cluster operators. You earn by delegating the slot representing basic compute and memory resources to the network even though you aren’t actively providing these resources. The node NFT represents digital ownership of the network and activity on it. As the network increases in demand and more applications are deployed onto the network, the NFT exponentially increases in value. If that’s not attractive enough, these NFTs offer powerful financial incentives. As the network grows there will be multiple generations of NFTs, each containing a limited number of mints, i.e. programmed digital scarcity. Each node NFT holder will receive a share of the trading fees equal to 10% of the overall NFT sale (80% of the sale goes to the seller and 20% goes to a shared pool, where 50% is allocated to the DAO and the other 50% is distributed to NFT holders). However, you will only obtain fees from NFT sales equal to the generation you purchased in and earlier (more recent). Therefore, you are strongly incentivized to be early as with each passing generation, you will earn a share of every NFT transaction. As the network grows, so do the fees you accumulate and the reluctance to exit the ecosystem. Additionally, you receive 10% of the NFT minting price in $STACK for NFT mints in your generation and generations that come after you.
I cannot stress enough the importance of decentralized web services. A majority of people believe in the notion that blockchain is decentralized. Well, let’s all be honest, it truly isn’t. If the blockchain technology being built isn’t on decentralized web services, then hypothetically an outage of the centralized services on which the applications run, will render these protocols useless. Whether these outages are caused by technological issues, government involvement, or centralized entities censoring their services, anything can happen. The only solace we have as web 3 natives is to build a truly decentralized web. There are numerous players in this decentralized web services and computing space, but StackOS has a strong backing by numerous investment funds, a growing online community for support, and strong ecosystem incentives that will allow them to thrive in the years to come. Not to mention that there are over 650 applications already deployed on mainnet and this number is growing. Of course, do your own research, but don’t sleep on StackOS for long or you will miss the train.
According to their “Current Tasks”, the team is in progress of implementing some of the major final touches to the protocol including: Phase 1 decentralized DNS, Implement bandwidth allocation, Phase 2 (final) Crosschain support, Cron service optimization, and Implementing 10+ core machine enabling the launch of PKT nodes. Obviously besides these technological oriented tasks, growing the community, partnering with more protocols, exchange listings (I am assuming), and all of the other growth aspects of a crypto project. This is not a protocol that is “half-baked” and scrambling for money. They have spent three long years developing their tech and it’s ready to be used.
Market Opportunity
Important to note, the cloud compute market obtained a total worth of $445 billion in 2021. This makes investing in $STACK extra exciting as Vishnu’s goal is to climb the ranks to AWS’ level.
The RoadMap
Check out the link below for a demo of mainnet! Spoiler. It’s absolutely amazing and you will instantly understand why StackOS is revolutionary.
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StackOS isn’t the only decentralized web services player in the game. However, their platform does provide some of the most lucrative financial incentives and, most importantly, provides a beautifully designed user-interface. They have truly lowered the bar to entry. To add to the ease of use, they built an app store to simply select the type of application you want to deploy and you plug in the pertinent information. A strong selling point of the protocol is that it is also multichain, supporting Polygon, Binance Chain, and Avalanche. It becomes sort of an ecosystem of ecosystems. The future is no-code and this is what they are providing. Very few projects in crypto can claim that they have achieved this feat.
https://www.youtube.com/watch?v=_zhES8f8ayU
One comparable and notable decentralized web service protocol would be Akash Network ($AKT), but the incentives aren’t stronger than StackOS’s and Akash Network is a marketplace for computational services. By providing a platform enabling easy application deployment, strong financial incentive mechanisms through NFTs, anonymity, and true decentralization, StackOS is becoming a heavy contender in the “decentralize everything” sector. At this early stage, you are able to get in at the ground floor to reap the rewards of the node NFT incentives and the possible appreciation of $STACK from this low market capitalization.
Chain Games Automating eSports with smart contracts
written by Rhys
eSports – whether you like it or loathe it – is one of the fastest-growing sports in the world. Only a few years ago, competitive video games used to be the preserve of exhibition spaces packed with gamers, home-built PCs and large-scale LAN setups. Today, huge online tournaments can be conducted from mixes of homes and purpose-built venues, with coverage streamed live across the globe. Now, the idea of eSports at the Olympics doesn’t seem that far-out, and indeed is part of a trial in the Commonwealth Games in Birmingham, UK this year.
Chain Games has looked at this market and some of these issues and decided to create blockchain infrastructure for competitive gaming and play-to-win to build upon. Building since 2020, they’re one of the more mature products on the market in the gaming space, with a proven track record of delivery, with real, tangible results already as opposed to the proof-of-concept states of many newer projects that have cropped up recently.
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That’s the top end of the table, both in terms of size of game and skill of players. But at the grassroots, it can be a very different experience. Whether it’s just that you’re skilled in a smaller game without the same following, or whether you want to be able to host a small, community-focused tournament, the infrastructure around gaming competitions can be intimidating to the newcomer. There is no real “second division” so to speak, and despite the technology, putting on a small event or even a casual challenge amongst friends requires time, dedication and co-ordination, plus significant amounts of trust – particularly in handling prize money. For developers, this presents a classic catch-22; how do you prove that your game would be worthwhile played as an eSport if you haven’t got the tools to bring competitors in and reward them for their skill?
It’s no wonder why. The audiences are huge, arenas pack out, the prize money on offer for some players could be life-changing, and what better way for multi-million-selling games to get some publicity than by showcasing their titles being played by the best in the world? Rocket League, FIFA, Call of Duty, Starcraft… All of these and more have capitalised on this growing interest.
3. Releasing SDKs (Software Development Kits) for developers of other games to integrate with the Chain platform, allowing them to automate entry fee collection and winnings payouts within their games using the $CHAIN token
For the investor, there are also ways to earn passively as you’d come to expect from crypto, with liquidity pools and platform staking helping to drive investment in the team and their goals. With multiple use cases for the $CHAIN token, there’s plenty of reason for buyers to come in.
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2. Creating proof-of-concept blockchain games such as Super Crypto Karts and the upcoming Chain Reaction FPS to demonstrate the potential of full Chain Games integration
Chain seeks to address the issues in eSports in three key ways:
1. Building peer-to-peer “battle boards” to allow gamers to go head-to-head in major games, including Call of Duty, Madden and FIFA, encouraging casual adoption
Through this, Chain is offering multiple routes to market for companies interested in adding competitive earning to their games. By targeting tier-1 titles, Chain offers max exposure to their platform by capitalising on existing player bases. Then, creating proof-of-concept games (particularly higher-end ones like they have done so far) will show other developers the potential of their offering, while the SDKs give those same developers the tools needed to join the Chain ecosystem. Finally, partnering with major gaming brands like Atari adds legitimacy and weight to their offering.
Tokenomics and project information
ChainLinks Games
Whitepaper:https://chaingames.io/website: Sep_2020.pdfuploads/2020/10/WP_CHAINGAME_26_https://chaingames.io/wp-content/
Telegram: t.me/chaingames
Twitter: https://twitter.com/realchaingames
Most of the ecosystem now works on Polygon, as well as Binance Smart Chain, with further chain integration coming in the form of Avalanche down the line. This offers players multiple options to use Chain and keep their fees low, and winnings maximised, depending on network activity when they want to play. It means you also don’t have to go converting and porting your on-chain funds to other chains which can be a hassle – just use what you have already. Sensible!
taken from the Chain whitepaper and games/https://coinmarketcap.com/currencies/chain-
275,000,000Total500,000,000Minted:TokensinCirculation:
Being built on a blockchain, fees would usually be a concern for those who’d want to use Chain regularly. This is something that Chain was aware of from very early on, and in their whitepaper they initially had set out to create a Cosmos/ATOM fork to deploy the Chain Games ecosystem on to. However, in a sign of how quickly the Web3 space is moving, Polygon came along and offered a simpler, portable solution for Chain.
Coingecko: gameshttps://www.coingecko.com/en/coins/chain-
Initial Total Diluted Market Cap: Current$5,000,000Diluted Market Cap: All$52,812,645information
Coinmarketcap: games/https://coinmarketcap.com/currencies/chain-
Initial Liquidity Offering Price: $0.01 per CHAIN
Total Tokens
The $CHAIN token
As mentioned, the Chain ecosystem revolves around its native token $CHAIN. The token is used to pay entry fees into matches and challenges, and subsequently provide winnings to those who triumph ingame. Being linked to games of skill, Chain categorises itself as play-to-win rather than play-to-earn, putting it in competition with projects like WINk and other betting platforms as opposed to games like Axie Infinity. The process is relatively straightforward too – link your Web3 wallet containing $CHAIN to the Chain Battle platform, set up a match with a friend (or join an open match slot), and then play your match in the allotted timeslot. Winner takes all (minus fees) – it’s that simple!
Play to win – betting on your skills
With games like Call of Duty (COD), it’s even easier. Competing in a max kills tournament pulls data from the COD API to determine a winner – so there’s not even any reporting needed. As awareness of the Chain ecosystem grows, more games will hopefully make their APIs generate the sorts of data that Chain needs to further automate. Friction-free experiences will really drive adoption. Speaking of friction-free… Chain has also partnered up with Transak (a major payments provider) to make on-and-off-ramping for non-crypto natives to join the fun, a canny move to appeal to more than just those already in the crypto space.
As an example of how a tier-1 game might play with the Chain system, let’s take a game of FIFA. By logging into the Chain platform, I can then choose to either set up a private match with myself and another player/friend, or I can sign up to a community game which are timeslots that two players can fill as a low-level matchmaking experience if I don’t have a particular challenger at the time. If another player doesn’t join me, then the smart contract will refund my $CHAIN, so there’s no risk of loss by someone not showing up. Once I’ve linked up with someone, we play our match and then report our results to the platform to release winnings back to the winners’ wallet.
Of course, if you’re building a game from scratch to work with Chain, you can make the most of the Chain Games SDK to make your game play even nicer with their systems. Chain is proving this with their own games – and in contrast to a lot of new projects flooding into the space right now, they have games to play already. With a track record of some existing releases, they’ve built up some goodwill when it comes to new releases too. The clips released for upcoming shooter Chain Reaction in particular look good. While significant numbers of current blockchain games focus on RPGs, card-style collectathons or blocky 3D built in Unity, Chain Reaction wouldn’t look out of place rubbing shoulders with things like Apex Legends.
Playing one of Chains’ games right now further shows the potential of their tools. For example, in Super Crypto Kart, as a race is completed, rewards are distributed to winners (which can be up to the top 4 racers, depending on lobby size) without any manual steps like declaring results.
It’s something that the blockchain gaming space sorely needs – experiences that don’t just focus on the economic possibilities of play-to-earn, but focus on delivering a great gaming experience first and foremost, with anything else an added bonus. Good games will drive mainstream adoption arguably more than earning opportunities will – it’s much easier to get someone interested in something if it’s fun to play after all.
But for us as investors or passive hodlers, what options are there? Chain offers classic $CHAIN staking options – with part of the rake from entry fees being paid out to stakers. As volume of transactions across the ecosystem increase, so too will staking rewards. More games, more tournaments, more adoption… More staking rewards! In the past, Chain has also conducted burns and airdrops to the staking community to support long-term supporters and drive a bit of price action – worth bearing in mind as it’s clear that Chain take care of their community, which is a great sign for us as investors who might be interested in staking long-term. As for that price action – there’s plenty of upside potential with a relatively low market cap for an established project. Partnerships with major firms like Atari and Transak show that there is faith in what they are building and that they’re just getting started.
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The investor offering
Chain could be transformative for blockchain gaming – they’ve been grafting and building for a while, and the fruits of their labours are very impressive indeed. Working in a similar space to Verasity, they’ve tapped into a passionate and diverse market and offered something that’s more of an infrastructure offering than direct gaming offering, but something that holds a lot of promise by integrating not only with dedicated blockchain games, but also with traditional games with huge fanbases.
Everything happens on-chain in the background, allowing players to focus on the game and enjoy the experience – a game that isn’t half bad, and just shows what COULD be possible in some of the newer games joining the space, in a few months/years. The leap from Super Crypto Kart to their newer game too is substantial. Chain Games have clearly invested in this strand of their offering, and by doing so have emphasised the benefits of investing in established projects in this space.
So if you’re sold on the concept, what can you do next? Well, Chain Games offers developer support to build directly onto Chain’s systems with their SDKs and adds new projects to their dApp store. Doing this will give developers access to those automated payout tools, as well as a cut of any rake from entry fees. As volume and exposure for Chain Games increase, this could become a very lucrative source of income for smaller developers who are looking for a way to finance and build their games.
Chain Games show there is another way to developers who might be considering entering an extremely crowded play-to-earn space. They’re showing that you can focus on making the best game possible and then use their tools to earn and build further, while also providing additional experiences for their communities. Chain could drive an increase in diversity in the blockchain gaming space and this can only be a good thing – and for investors, as the platform grows, so will our rewards. Throwing a bit of $CHAIN into a staking pool doesn’t seem like too bad an option to join along for the ride.
As demonstrated with Super Crypto Karts, they could potentially then use that to “level up” as developers and release bigger and bolder experiences down the line, driving more adoption. It’s something that I think could be key to adoption of Chain in newer blockchain games – particularly ones that focus on skill. It could open new possibilities to the crypto gaming space entirely. After all, if there’s new ways for developers to earn from their games, they might be inclined to diversify what they offer away from play-to-earn and increase the variety and interest in the blockchain gaming space. It could be a massive boost for this growing industry and encourage more mainstream players to join the crypto community!
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