Symbiosis Finance is a cross chain decentralized exchange that unifies liquidity from various blockchains, supporting both EVM and non-EVM technologies. It simplifies cross-chain token trades and asset transfers with a single-click operation, offering competitive rates and low transaction costs. Governed by a DAO utilizing the SIS token, it empowers holders with voting rights, security contributions, and participation incentives, encouraging active involvement and long-term commitment through token staking for governance and rewards. With $5 million raised over three funding rounds, backed by prominent investors like Delta Blockchain Fund and Binance Labs, Symbiosis Finance has established a solid foundation for growth and innovation in the decentralized exchange space.
Fractal Visions is utilizing the public goods ethos of Optimism with a retroactive rewards mechanism generated by the marketplace fee from sales to attract authentic artists, musicians, and developers to build on the OP stack. Fractal Visions currently doesn't have a formal governance system.
TLX is a decentralized leveraged token platform on OP Mainnet, offering up to 20x leverage on over 50 assets. It uses a council-based governance model and has a 100 million supply of TLX tokens. Stakers earn all platform fees, and 8% of the supply is vesting. The TLX DAO holds 3% of the supply and $1 million in ETH Delta Neutral positions.
Athena is a decentralized insurance protocol that uses ERC-721 tokens (NFTs) to represent liquidity positions and insurance covers, enabling detailed customization and efficient user interaction. Liquidity providers deposit ERC-20 tokens, receiving Position NFTs representing their stake, while cover buyers deposit premiums to receive Cover NFTs representing their insurance coverage. These NFTs store individualized data, allowing for flexible coverage limits, liquidity strategies, and seamless claim or withdrawal processes. By combining DeFi strategies with tokenized contracts, Athena ensures transparency, security, and user-friendly access to decentralized insurance solutions
