Discover Free Crypto Airdrops & Expert Insights | CoinsUpdate

Metis is an Ethereum Layer-2 scaling solution aiming to solve the blockchain trilemma: that blockchains cannot be decentralized, secure, and scalable simultaneously. It also strives to solve Ethereum’s biggest challenges: speed, cost and scalability.

StackingDAO is a liquid stacking protocol that gives users an auto compounding tokenised representation of stacked STX (stSTX). stSTX has the potential to become a key primitive for the nascent Bitcoin DeFi ecosystem, especially as collateral. Borrowing against stSTX will be the most tax efficient way to get liquidity against STX for STX holders.

BSX is a self-custodial crypto derivatives decentralized exchange (DEX), built on Base L2 and backed by the Base Ecosystem Fund. BSX features a non-custodial system of “off-chain execution and on-chain settlement” that merges the security and transparency of a decentralized exchange with the experience and speed of a centralized exchange. Its architecture design consists of an orderbook model that works with various market makers to offer extensive and liquid access to different assets, instant execution, and high throughput via BSX’s comprehensive technical stack.

Bluefin aims to offer traders a more performant, low-cost, and Web2-like user experience. Over the course of this year, they’ve rewritten their codebase and built on a new underlying technology. Bluefin is built on Sui, which enables horizontally scalable performance and a wallet-less trading experience that competes with the user experience of a centralized exchange.

Seamless Protocol is the first native, decentralized, non-custodial lending and borrowing protocol on the Base network. Seamless enables users to engage in a new form of peer-to-peer borrowing/lending—Integrated Liquidity Markets (or ILMs, for short)—which are isolated, smart contract-to-smart contract markets for undercollateralized, yet still permissionless, borrowing.

StarkNet ID protocol is trying to serve as a versatile passport for StarkNet, enabling users to seamlessly store and share their desired data within the StarkNet ecosystem while allowing various protocols to efficiently access and utilize this information.

Enchanter Finance aims to build the first ever Social Trading AMM DEX on Aptos. They also serve to be the entry point for all on-chain assets across Move-based ecosystems. On top of trading and yield farming, Enchanter Finance will provide secure DeFi alternatives that will help traders and liquidity providers better manage their assets.

PartyBid lets people pool their capital together to purchase NFTs as a team. Anyone can create or join a Party to collectively bid in an NFT auction or purchase an NFT that’s on sale at a fixed price.

Socean is a stake pool running on the Solana blockchain. A stake pool allows for the pooling of funds (SOL) to be managed on the user’s behalf and delegated to a group of validators. The pool issues depositors a token (scnSOL) that represents their ownership in the pool. Socean is an algorithmic stake pool, meaning it makes staking decisions via transparent logic based on objective data.