Protocol Publications

Superfast is a groundbreaking on-chain broker designed to revolutionize cryptocurrency trading by combining the speed and liquidity of centralized exchanges (CEXs) with the transparency and security of blockchain technology. Utilizing Liquid Custody Tokens (LCTs) backed 1:1 by assets like USDT and BTCB, Superfast ensures seamless, efficient, and cost-effective transactions. When users initiate a swap on-chain, the transaction is executed on a CEX and settled on-chain, providing the best of both worlds. The platform aims to address common trading challenges such as speed, liquidity, and high costs, offering lower fees and quicker settlements. Initially focusing on BB, BTC, and USDT, Superfast plans to expand its cryptocurrency offerings and enhance user experience. Set to launch in Q3 2024 with a BB rewards campaign, Superfast is poised to redefine the trading experience in the crypto space.

MetaCash is a pioneering project aiming to revolutionize the metaverse and virtual reality by integrating its unique cryptocurrency into virtual reality games and ecosystems. With a robust community of over 100,000 members, MetaCash envisions a future where virtual reality becomes an integral part of daily life, enhancing interaction, work, and play. The project actively engages its community, incentivizing participation through Bitcoin distributions and fostering loyalty. Strategic marketing collaborations with influencers have boosted its visibility, and a significant milestone was achieved with its listing on CoinMarketCap. MetaCash's primary objective is to develop a virtual reality video game incorporating its cryptocurrency, creating a seamless and immersive experience for users. As the metaverse evolves, MetaCash aims to be at the forefront, offering innovative solutions and experiences, positioning itself as a cornerstone of the future virtual economy.

The global NFT market has shown signs of recovery with a 7.69% increase in sales over the past week, reaching a trading volume of $108 million, driven by a 20% rise in investor activity. Ethereum led the surge with a 15% increase in sales, followed by Solana and Polygon, which also saw significant activity. Despite a slight decline in Polygon's trading volume, the overall market momentum suggests potential bullish trends by year-end. Top-selling NFT collections included DMarket, Pudgy Penguins, and Bored Ape Polygon, with notable performances from DogeZuki and Mad Lads on the Solana blockchain. The market's resurgence is highlighted by nearly a million collectors and over 1.5 million transactions, indicating a robust interest in NFTs.

Launched on June 17, 2021, OBRok Token (OBROK) is a pioneering cryptocurrency on the BEP-20 (BSC) network, aimed at advancing the metaverse, Web 3.0, aeronautical sciences, space exploration, and renewable energy. It seeks to reduce costs and barriers in space exploration by leveraging blockchain technology, facilitating affordable and efficient satellite deployment for universities and R&D centers. The token supports various sectors, including virtual worlds, decentralized applications, and renewable energy solutions like biomass technology and UAV studies. With a total supply of 100 trillion tokens, OBRok Token serves as a payment tool and financial resource within its ecosystem, promoting social responsibility through the OBROK foundation. The project is led by a team with expertise in space sciences, blockchain, and business management, and employs mechanisms like token burning and staking to maintain price stability. Unique features include integration with the OBRok rocket system for cube satellites and a community-driven governance model.

Drip Network (DRIP) is a pioneering deflationary daily ROI platform built on the Binance Smart Chain (BSC), offering investors 1% daily returns on their investment up to 365% of their principal, funded by a 10% tax on all transactions. Launched in July 2021 by anonymous founders, the platform integrates unique features such as NFT rewards, cross-chain bridges, and a referral system requiring BR34P tokens for earning referral rewards. Investors can compound their returns through "hydrating," which incurs a lower tax rate, and participate in the liquidity pool via "The Reservoir" to earn additional rewards. Despite its innovative approach and potential, the anonymity of its founders and lack of smart contract audits necessitate caution. DRIP is available for purchase on Pancakeswap (V2).

Wrapped Statera (WSTA) is a deflationary token designed to enhance the functionalities of its native counterpart, Statera (STA), by leveraging a trustless and community-driven portfolio of top-tier cryptocurrencies. It addresses common DeFi issues like low liquidity and trading volume by creating arbitrage opportunities with every trade, thereby boosting volume and increasing fees for liquidity providers. WSTA acts as a bridge between the Statera blockchain and other networks, enhancing interoperability and allowing users to access a wider range of DeFi applications. The token's deflationary mechanism reduces supply over time, potentially increasing its value, while its community-driven governance ensures transparency and decentralization. With a total supply of approximately 24.98 million tokens, WSTA offers unique benefits such as constant trading activity and higher fees for liquidity providers, making it an attractive option for passive income. The project is highly decentralized, with decisions made via a DAO and the treasury held in a community-controlled multisig wallet.

Akhir pekan lalu, pasar kripto menunjukkan ketenangan saat harga Ethereum (ETH) stabil di sekitar US$1.815 setelah penurunan dari puncak US$3.974 pada akhir Mei. Analis mengantisipasi peluncuran ETF Ethereum pada pertengahan Juli, yang dapat memicu kenaikan harga signifikan. Koreksi harga ETH, yang mencapai hampir 30 persen, diperparah oleh penundaan persetujuan SEC AS terhadap ETF ini. Bitwise telah mengajukan S-1 yang diubah untuk ETF Ether spot, dengan analis memperkirakan persetujuan cepat. Presiden ETF Store, Nate Geraci, optimis bahwa ETF akan mulai diperdagangkan dalam dua minggu ke depan, berpotensi mendorong harga ETH hingga 36 persen ke sekitar US$3.800. Peluncuran ETF ini diharapkan meningkatkan likuiditas dan stabilitas pasar, menarik minat investor institusional dan ritel, meskipun tantangan regulasi dan volatilitas pasar tetap menjadi risiko.

CareCoin (CARE), launched in 2022 by a team of Japanese entrepreneurs and doctors, is a pioneering cryptocurrency designed to revolutionize the healthcare industry by utilizing blockchain technology for secure and efficient medical data sharing. Built on the Ethereum blockchain, CareCoin allows patients to be rewarded with CARE tokens for contributing their data, which healthcare providers can access without intermediaries, thus saving time and costs. The platform offers various services, including an iPS Cell Bank, AI Image Diagnosis, and advanced cancer therapy, while ensuring data security through the Proof-of-Stake consensus mechanism. With a total supply of 300 billion CARE tokens, the cryptocurrency is available on exchanges like KuCoin and Gate.io, aiming to transform healthcare delivery by integrating cutting-edge technology and incentivizing patient participation.

The Terra Luna Classic (LUNC) ecosystem has seen a significant increase in its staking ratio, now at 15.01%, with over 1.017 trillion LUNC tokens staked, valued at approximately $70.15 million. This surge reflects growing community confidence and participation, bolstered by Binance's contribution of burning nearly 62 billion LUNC tokens to reduce supply and enhance value. Staking, which involves locking up tokens to support network operations in exchange for rewards, has played a crucial role in securing the network and maintaining token stability. The community's combined efforts in staking and burning, along with strategic investments like Terraform Labs' $15 million capital injection, have driven growth and positive market sentiment. Despite challenges such as managing inflation, the ecosystem's future looks promising with potential for increased value and long-term stability.

Synergy (SNRG) is a burgeoning cryptocurrency that has garnered attention due to its unique value proposition and recent market performance. With a total supply of nearly 4.9 million tokens and a notable 1.40% price increase over the past 24 hours, Synergy is positioned uniquely in the crypto market. Despite having no tokens currently in circulation, its 30-day price change of 51.83% reflects strong investor interest. The platform distinguishes itself through a focus on user experience, technological innovation, and community engagement, supported by strategic partnerships and developments. While Synergy faces challenges such as market volatility and regulatory uncertainties, its team is committed to navigating these through continuous innovation and strategic planning, positioning it well for long-term growth in the competitive cryptocurrency landscape. For more details, visit their official website.