New coin listing update: GMT/WAVES/ANC/ZEN tokens are now listed on Kikitrade 🎉
Buy crypto with USD/USDT now on Kikitrade!
【New coin listing introduction】
◎GMT
STEPN is a move-to-earn health and fitness application. Users equipped with sneaker NFTs can move outdoors to earn tokens and NFT rewards. STEPN has a built-in wallet, swap, marketplace, and rental system that allow non-crypto users to onboard STEPN.
GMT is the native governance token of STEPN and has the following use cases:
Governance: Stake to participate in governance, the longer the locking period, the higher the voting power.
Staking reward: GMT stakers can vote to decide the distribution of staking rewards.
Accrual of protocol revenue: GMT is burned to access in-app features, such as sneaker upgrades and minting of new sneakers.
◎WAVES
Waves is a blockchain and toolkit for building decentralized apps. It features Leased Proof-of-Stake where users can securely lend their tokens to a node of their choice (or their own node) for the sole purpose of validating blocks.
Waves allows users to securely stake from cold storage without any risk of leaving funds vulnerable. Waves includes its own Ride programming language for writing smart contracts with speed and security in mind.
Waves features Waves-NG to increase throughput on the chain, allowing for easy token operations, such as trading on Waves Exchange, a built-in decentralized exchange. Waves also offers easy-to-deploy solutions for oracle creation, item market creation for games, and voting.
◎ANC
Anchor Protocol is a lending and borrowing protocol on Terra blockchain. It allows users to lend, borrow, and earn interest with their digital assets with an over-collateralized model.
ANC is the native token of the Anchor Protocol, with the following use cases:
Protocol Fees: Protocol fees (10%) are used to purchase ANC tokens, which are then distributed as staking rewards to ANC stakers.
Liquidity Mining: ANC rewards can be earned by staking LP tokens of the ANC-UST Terraswap pair.
Borrowing Incentives: ANC is used as incentives to bootstrap borrow demand and initial deposit rate stability. The protocol distributes ANC tokens every block to stablecoin borrowers, proportional to the amount borrowed.
Governance: ANC tokens can be staked to create new governance polls, which can be voted on by users that have staked ANC.
◎ZEN
Horizen is a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, speed, and privacy. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.
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