In fact, this consensus is not just this year, last year, with the explosion of sushi DEX, also in the same period on the line, including kimchi, sweet potatoes, groundnuts and other products, the wheel of time, such projects now how to develop? In this article, we will continue the previous article ” Collection of Tips: “Animal” wind attack, an article to take you to overview the zoo in the rare and exotic animals “, to see in last year’s attempts to capture the DeFi boom in the track and filled with what MEME projects?
Cloned from Uniswap, and quickly becoming a very strong force in liquidity mining, known as sushi in the community. Its algorithm and transaction exchange method continue Uniswap’s core design AMM, liquidity mining also continues YFI/YAM’s token distribution mechanism and community governance mechanism, in the distribution of 0.3% transaction fee per order, of which 0.25% is distributed directly to active liquidity providers, while the remaining 0.05% is distributed through SushiSwap SUSHI is a token issued by SushiSwap and the SUSHI token has governance rights only. The latest news is that SUSHI is expected to launch AMM V2, the NFT platform NATTO and the liquidity mining incentive program Onsen V2 in May.
Pickle is an experimental protocol that leverages liquidity mining to help stabilized coins achieve strong price anchoring. The cucumber (PICKLE) contract uses a completely fair distribution system, no venture capital, no pre-mining, no pre-sales. Its highlight is to make stablecoins trade on uniswap with lower slippage and promote the development of the ecology, while also preventing the intervention of giant whales. The project was praised and discussed by V-God as soon as it was launched, so Pickle, which had just appeared shortly after, had created a stunning 1,000% spike in one day and also maintained its hotness value for quite a long time during that period.
GRAP is a token of a liquidity mining project with the logo of grapes, which can be obtained by mining or purchased directly from Uniswap. What’s interesting is that the team has created a good mix of grape and wine culture in conjunction with NFT features; CryptoWine users can get NFT collectibles after participating in Grap mining, and each player in the GRAP pledge pool can get a random drop of Crypto Wine, each Crypto Wine is a wine bottle-inspired crypto art painting. Each Crypto Wine is a crypto art painting inspired by a wine bottle. At the same time, GRAP pledges provide players with a “wine score”, which is similar to a Gas fee, and allows players to freely trade or collect Crypto Wine once it has been drawn. Each time Crypto Wine is withdrawn from the pledge pool, the “winemaking score” is used as a fee, which is applied to the prize pool and artist rewards.
BakerySwap is billed as the next iteration of Uniswap. It is the first AMM and NFT platform on the BSC as a mobile mining project based on the Cryptocurrency Smartchain. Compared to Uniswap, the BakerySwap project has faster transaction speed and cheaper rates. Users can pledge BAKE tokens or pair to tokens like ETH-BNB and provide liquidity to get rewards. It also has donut, waffle, and bread roll mining pools where users can place liquidity tokens and mine more BAKE tokens. Non-splittable tokens are also an important part of the ecosystem, and BakerySwap has launched the NFT Supermarket, which lists Bakery Combos, digital artwork and other items such as Pet Eggs, Weapons and Binance NFT.
KIMCHI is an imitation of SUSHI, forked YUNO came from the project, basically completely apply SUSHI play, at the time is the phenomenal liquidity mining rewards decentralized exchange project. Users obtained KIMCHI tokens by pledging LP Token from multiple token pools of Uniswap, and allowed users to deposit assets from ETH, SUSHI, TEND, USDT or Uniswap to come with interest. Analysis suggests that the main reason why Kimchi was able to explode at the time was the stimulation of market FOMO sentiment.
Salmon (SAL )
SalmonSwap acts as a decentralized exchange which aims to balance the short-term and long-term interests of the liquidity provider community by offering lasting rewards to liquidity providers. With SalmonSwap, liquidity providers are paid a counterpart of the transaction fees generated by each pool that provides liquidity. However, unlike other AMM protocols, liquidity providers continue to receive a portion of their transaction fees even after withdrawing their liquidity. A fee of 0.3% is charged for each transaction pair, which is converted into SALMON tokens and then distributed to past and present liquidity providers of each pool. In short, the system ensures that early-stage limited partners continue to receive long-term benefits even after assets are withdrawn.
SALMON is the token of SalmonSwap, which is called the wavefield version of sushi and is developed by the TronFi team, which has successfully issued tai and pearl (pearl) on the wavefield, where tai is benchmarked against ren and curve of ethereum and pearl against yfi. Based on the backing of the first two successful projects, the launch of SalmonSwap has attracted a lot of attention, especially the salmon head mining effect, which has attracted a large number of funders into the mining field.
BurgerSwap (BURGER )
BURGER is the token of BurgerSwap, users who create liquidity, shares and votes in the governance system, they will receive BURGER tokens as a reward. As for BurgerSwap, it is the first DeFi project on the Cryptocurrency Smartchain and an AMM decentralized trading platform, which is built through smart contracts and is not controlled by any centralized entity. With BurgerSwap, any user can create proposals to adjust transaction fees, block rewards and other system parameters of the exchange. In addition to this, any user placing a bet on BURGER tokens can vote to approve or reject a proposal.
Sake SakeSwap is a fork of Uniswap and Sushiswap, but with improvements in key parts. sakeSwap aims to improve the design of the AMM mechanism in terms of price curve and contributor rewards. The SakeSwap token has two features – SAKE holders have governance rights and can pay a portion of the protocol’s fees. At the same time, SakeSwap has a deflationary feature that structurally maintains the token price.
While YAMv3 is the standard ERC-20 token, YAM is at its core an elastic supply cryptocurrency that scales and contracts supply based on market conditions. yam.fiance will have a future community managed entirely by YAM holders. There was a time when the team proactively alerted people to exit the market due to a vulnerability in the smart contract, and thus the price of the currency plummeted. Yam has now completed its V2 to V3 transition, and YAMv3 is a fully audited version of the YAM protocol. The corrected and audited Sweet Potato (YAM) is entering a re-farming period.
SashimiSwap is a new project modeled after Sushi, the project claims tokens with no pre-mining, removal of all team shares, and absolute fairness! Like other swap-like products, it also uses an automated market maker model, but SashimiSwap is not a fork of the SushiSwap platform, and the two do not share liquidity. after SashimiSwap opens, anyone can collateralize mining here, with simple operation and friendly user experience. in general the project focuses on ” Zero threshold + high yield”.
Flying Fish (FYFF)
Flying Fish, or FYFF for short, means “flying fish”. It is a blockchain experimental protocol governance token with innovative mechanism, a new decentralized financial contract protocol developed based on the KVM script layer of Kotu’s underlying public chain. It is simple, yet more intuitive. Flying Fish token FYFF, no fundraising and no pre-mining, all tokens are 100% mined by the liquidity collateral pool. This governance token becomes scarce as the number of token assets pledged by the Flying Fish protocol platform increases, which in turn gives it circulating value in the ecosystem.
Formerly known as One-Click Coin, now known as One-Click DeFi Generation, MEME is an experimental protocol whose highlight is the fusion of DeFi and NFT. MEME is deposited into a liquid pool to obtain NFT memes, and the system will allocate shares of NFT memes based on the MEME tokens invested.
MEME is now a decentralized platform for farming NFT. The DeFi project uses it to attract and motivate early adopters. With MEME, instead of farming for revenue, as most DeFi projects do, users can take or offer liquidity mining LPs to take for MEME points, which can be exchanged for NFTs offered on the platform, which come in different rarities, such as “normal “, “rare”, and the degree of rarity determines how many MEME points need to be consumed.
Pearl.financial is a revenue mining token on Tron, which has no pre-mining, no founder shares, no VC equity, and equal opportunity for token distribution. It is an early DeFi project on Wavefield.
Carrot is an experimental protocol that builds on innovations in programmable currencies and governance, and it initially aims to equal approximately $1 per CRT. CRT uses an equitable distribution mechanism to incentivize key community members to actively take control of governance, and it is not distributed in the spirit of allocating a portion of resources to the founding team, but rather in the spirit of YFI: before there is mining There are no founder shares or venture capital interests, it is simply an equal opportunity distribution of equity, and the purpose of this distribution mechanism is to attract a broad and visionary community of members to manage the protocol and tokens.
LinkArt is an art ecology platform based on blockchain technology, which includes four business segments: LAR digital art wallet, CryptoArt crypto art trading platform, Artrack SaaS traceability platform, and LinkArt online auction app. linkArt aims to establish a decentralized platform on the blockchain to track and manage the entire life cycle of artworks. In addition, LinkArt also empowers artworks through a token economy to increase the recognition and liquidity of artworks.
CORN is a liquidity mining project created by its ETH-based counterpart on TRON (e.g. YFI, etc.), which has a community governance feature that allows its holders to participate in community governance, while the voting rights of CORN DAO can add more to the distribution pool.
DUN is a community governance token, it has a total issue of 35,000 and will never be increased. dun mainly decides what asset pool to open by voting, its holders can get the governance and voting rights of dun.finance, and can also participate in other defi mining to get more mining revenue.
Beer Money (BEER)
Beer Money is the brewery of the blockchain era. Token beer is the only beer that combines two developing markets, such as craft beer and cryptocurrency markets. Beer Money will use blockchain technology in this way to provide traceability of all production batches, allowing users to easily view the trajectory of the product they have obtained. Token beer can be used in the ecosystem that will generate Beer Money, where you can exchange products in the business or use it to pay for the consumption of products in the Beer Money business.
Now it seems that, driven by the DeFi hot market last August, the whole market is eating sushi sashimi nigiri, playing with pearls, digging radishes, groundnuts, and starting to eat French chef’s BAKE again, so much fun! But after the heat, how much is left?
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/before-the-zoo-what-other-meme-projects-had-been-bursting-with-fire/
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