Squid Router is a cross-chain platform that allows users to swap any token for another across different blockchain networks. It supports over 70 blockchains, enabling fast transactions and providing services like cross-chain staking, minting, and payments
Gyroscope is developing GYD, a decentralized, noncustodial stablecoin fully backed by diversified assets in smart contracts. Governed on-chain by the Gyroscope DAO, the community can propose and vote on changes. The stablecoin maintains a 100% reserve ratio with 1 USD worth of collateral per GYD. Gyroscope raised $4.5 million in seed funding, co-led by Placeholder VC and Galaxy Ventures.
dHedge is a decentralized asset management protocol enabling non-custodial investing and transparent on-chain trading. Governed by the DHT token, holders stake for voting power and earn rewards. With a fixed supply of 100 million tokens, DHT facilitates governance decisions and fee collection on the platform. Launched through a token generation event in 2020, dHedge generates revenue from administration and performance fees, supporting its operations and growth in decentralized finance.
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X Protocol is a Web3 gaming blockchain on Base Layer 2, offering players more control and investment opportunities. It uses $KICK as its native gas token, providing stakers with benefits like airdrops and yields. Game volume supports $KICK's value through buybacks. X-Protocol raised $5 million from Dragonfly, Cogitent Ventures, and Coinfund.
