New coin listing update: MINA/FXS/GLMR/ASTR tokens are now listed on Kikitrade 🎉
Buy crypto with USD/USDT now on Kikitrade!
【New coin listing introduction】
◎MINA
Mina is a layer-1 protocol with a succinct blockchain. The current blockchains like Bitcoin and Ethereum store hundreds of gigabytes of data, and their blockchains will only increase in size over time. With Mina, the blockchain always stays the same size - about 22kb (the size of a few tweets), regardless of the growth in usage. This enables users to quickly sync and verify the network, which helps to increase network decentralization and reduce the vulnerability to a 51% attack on the network.
◎FXS
Frax (FRAX) is a fractional algorithmic stablecoin partially backed by collateral and partially stabilized algorithmically. The ratio of collateralization and algorithmic depends on the market price of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateralization ratio. If FRAX is trading at under $1, the protocol increases the collateralization ratio.
◎GLMR
Moonbeam is an Ethereum Virtual Machine (EVM)-compatible blockchain that operates as a parachain on the Polkadot network. Being EVM-compatible allows Ethereum-based applications to deploy on Moonbeam.
The network offers developers features, including deploying Solidity smart contracts, Web3-compatible API, oracle data feeds, and Ethereum network bridges.
◎ASTR
Astar Network is a multi-chain dApp hub on Polkadot. The platform offers users various features which include dApps staking, L2 solutions, and X-VM (Cross Virtual Machine) which is compatible with the Ethereum Virtual Machine (EVM).
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