New coin listing update: NYM/DCR/METIS/TRIBE tokens are now listed on Kikitrade 🎉
Buy crypto with USD/USDT now on Kikitrade!
【New coin listing introduction】
Nym is the next generation of privacy infrastructure that can prevent sensitive data leakage by protecting every packet’s metadata at the network and application layers. NYM is the native token of the Nym mixnet. It is a utility token that rewards nodes for operating the Nym privacy system, providing privacy for users of the Nym network.
Decred is a hybrid blockchain featuring both Proof of Work (PoW) and Proof of Stake (PoS). 60% of block rewards go to PoW Miners, 30% go to PoS ticket holders, and 10% of block rewards go to fund the team treasury.
Decred adopts several design elements from Bitcoin, such as its 21 million total supply. However, its block-time is only 5 minutes (compared to 10 for bitcoin), its difficulty readjusts every 12 hours (144 blocks), and its block reward decreases by 1% every 21 days, a more gradual decrease than bitcoin's halvings every 4 years.
Metis is an Ethereum Layer 2(Optimistic Rollup) + DAO Infrastructure for Web 3.0 Economy. Our vision is to scale Ethereum to connect the Web2 world with Web3, enabling the entire Web3 world to be built on Ethereum via Metis Layer 2. Metis also defines a new DAO structure - DAC (Decentralized Autonomous Company) to act as the fundamental unit to support the operation and management of decentralized applications, communities and business. Metis’ scalable protocol supports a wide range of use cases, including NFT platforms, decentralized reddit-like social platforms, open-source developer communities, influencer communities, gamer communities, freelancer communities, crowdfunding, yield farming, DEX trading, etc.
Fei Protocol is a DeFi protocol that maintains an ETH-backed stablecoin and utilizes a dual token model. FEI is a stablecoin that uses a Uniswap LP as an official market and a stability mechanism called the Protocol Controlled Value (PCV) to keep FEI close to the dollar peg.
TRIBE is the governance token of Fei Protocol and has the following use cases:
Liquidity mining: Users can contribute to Uniswap’s FEI-TRIBE liquidity pool to earn a share of the DEX transaction fees. Note that this is only available for UniswapV2 liquidity providers.
Staking: Users can further stake FEI-TRIBE LP tokens in the Fei Protocol staking pool to earn TRIBE in return. No lockups on staked tokens.
Governance: Users can create and vote on governance proposals, or delegate their voting power to other addresses.