Perpetual Protocol distinguishes itself in the DeFi space by offering unique perpetual futures contracts. The platform's governance, driven by PERP token holders, combines community input with team oversight, encompassing a detailed process from proposal to vote, ensuring democratic decision-making. Financially, Perpetual Protocol has shown strength, raising $1.8 million in August 2020 from notable investors, including Multicoin Capital and Three Arrows Capital, showcasing its market credibility and potential for growth in the DeFi space.
Herocast is an open-source Farcaster client aiming to decentralize internet power. It helps professionals accomplish tasks on-chain through herocast.xyz. Governed by rough consensus and running code, Herocast has no token and is funded by Retro initiatives and donations.
Mode Name Service, powered by SPACE ID, stands out by creating a universal name service network aimed at simplifying the discovery, registration, trading, and management of web3 domains. The governance of SPACE ID revolves around its token, ID, which empowers users to participate in decision-making, ensuring the platform remains community-driven and focused on growth. SPACE ID is governed by a DAO, with $ID token holders having a significant influence over its direction through a transparent and decentralized voting process.
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.
