Lily, Author at 2100NEWS

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Alpha Finance Lab and Numeraire which has soared 34.74% since 10 am. In the same time Alpha Finance Lab has surged 13.66% and PowerPool 26.67%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between +0.14% and 1.78% (NWSMi500). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +1.05%. Ether ended +6.17% while Bitcoin ended unchanged.

To find out based on which criteria have been selected, please read the notes.

Numeraire (NMR)

Numeraire is a new cryptographic token that could be employed in a novel auction mechanism with the aim to create overfitting economically irrational. Numeraire is an ERC20 Ethereum token that makes collaboration congenial with self-interest. Last year, a new kind of hedge fund was introduced by Numeraire. This resource enables any data scientist to not only develop machine learning patterns on the team’s data but also offer predictions to manage the capital in the team’s hedge fund. Today, a new money abstraction for Numerai is published. It starts a modern commerce with the team’s data scientists based on long-term adjustment not possible with regular money.

Top movers of the day are Alpha Finance Lab and SALT which has surged 20.46% since midnight. In the same time Alpha Finance Lab has increased by 14.98% and Aragon by 11.11%.

The crypto markets moved lower this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have fallen between 1.04% and 4.04% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has decreased by 2.29%. Bitcoin has fallen by 2.13% and Ether by 0.97%.

Alpha Finance Lab (ALPHA)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user friendly way.

SALT (SALT)

Salt is the token of the SALT lending platform that allows users to collateralize their blockchain assets to get loaned cash.

Aragon (ANT)

Aragon is a decentralized platform built on the Ethereum network that offers a modularized way to create and manage dApps, cryptoprotocols, and decentralized autonomous organizations (DAO). The ANT ERC-20 token will enable its holders to govern the Aragon Network. The project is led by Luis Cuende, who was featured on the ‘Forbes 30 under 30’ category in ‘Technology’.

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Crypto.com and saffron.finance. Since 10 am Crypto.com has surged 33.28% and saffron.finance 44.15%. In the same time Horizen has soared 37.55%. Ripple is 17.47% higher.

Led by coins the crypto markets went up significantly and finished the day much higher. The coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) ended +15.86%. Their movement can be seen on the adjacent NWSCOT chart over the past 24 hours. The tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100) ended +5.12%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +4.38%. Ether ended +6.62% while Bitcoin ended only +0.14%.

To find out based on which criteria have been selected, please read the notes.

saffron.finance (SFI)

Saffron is an asset collateralization platform where liquidity providers have access to dynamic exposure by selecting customized risk and return profiles. Existing decentralized earning platforms expose liquidity providers to complex code driven outcomes. Network participants must evaluate an array of catastrophic scenarios where the resulting state could wipe out their holdings or lead to significant impermanent loss. It is hard to anticipate the net effect of extreme market volatility or focused economic attacks. Saffron narrows the set of possible outcomes by giving liquidity providers dynamic exposure.

Horizen (ZEN)

Horizen is a blockchain platform with a leading-edge privacy technology that provides everyone with privacy and complete control of their digital footprint. The Horizen platform enables real-life uses beyond our currency including the ability to privately chat with other people. Soon, Horizen will enable you to publish information and go anywhere on the web, all with complete privacy.

Top movers of the day are Crypto.com and Selfkey. Since midnight Crypto.com has surged 31.46% and Selfkey 31.26%. NEAR Protocol is 25.73% higher.

The crypto markets moved higher today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased between 0.39% and 7.67% (NWSCo100). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has increased by 2.49%. Bitcoin and Ether also moved higher: BTC +0.90%, ETH +1.90%.

MCO (MCO)

Crypto.com, the pioneering payment and cryptocurrency platform, seeks to accelerate the world’s transition to cryptocurrency. MCO is democratizing blockchain technology by designing beautiful, simple and useful financial services that have a lasting, positive impact on people’s lives. MCO is building an outstanding and defensible platform to solve access and usability challenges in the blockchain industry, and power redefined financial services to improve our customers’ lives.

Selfkey (KEY)

SelfKey is a Blockchain based digital identity system that allows individuals and companies to truly own, control and manage their digital identity, and instantly access Citizenship and Residency by Investment, Company Incorporation, Fintech Products, Token Sales, Exchanges and much more.

NEAR Protocol (NEAR)

NEAR Protocol (aka “NEAR”) is a decentralized platform where developers can host serverless applications and smart contracts which have easy access to “open finance” networks (networks facilitate digital value transfer and storage using tokens and tokenized assets) and benefit from an ecosystem of “open web” components (components are re-usable smart contracts that share state, making for easy composability of applications that still protect user data). Unlike other blockchain-based platforms, the NEAR Protocol has been built from the ground up to be the easiest in the world for both developers and their end users while still providing the scalability and security necessary to serve those users.

Tokens and coins that moved the most in the last 24 hours:

Top mover of the day is saffron.finance which has surged 78.72% since 6 pm. In the same time KeeperDAO has increased by 16.90% and Melon by 15.79%. SushiSwap is 6.99% lower.

In the evening the crypto markets went down and finished the day mixed. The coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) ended +3.69%. Their movement can be seen on the adjacent NWSCOT chart over the past 24 hours. On the other hand the non-Ethereum tokens represented by 2100NEWS DA NonEthereum Based Index (NWSOT50) ended -0.55%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +1.05%. Bitcoin ended +0.46% while Ether ended -1.47%.

To find out based on which criteria have been selected, please read the notes.

saffron.finance (SFI)

Saffron is an asset collateralization platform where liquidity providers have access to dynamic exposure by selecting customized risk and return profiles. Existing decentralized earning platforms expose liquidity providers to complex code driven outcomes. Network participants must evaluate an array of catastrophic scenarios where the resulting state could wipe out their holdings or lead to significant impermanent loss. It is hard to anticipate the net effect of extreme market volatility or focused economic attacks. Saffron narrows the set of possible outcomes by giving liquidity providers dynamic exposure.

Top movers of the day at 18:10 are BASIC and SushiSwap. Since 1 pm BASIC has soared 24.34% and SushiSwap by 19.64%.

In the afternoon the crypto markets went up significantly. Since 1 pm 2100NEWS DA Indexes have increased between 0.71% and 3.33% (NWSOT50 which measures the performance of non-Ethereum tokens). Our main 2100NEWS Digital Assets Total Index (NWST1100) has increased by 1.50%. Bitcoin and Ether also went up: BTC +1.18%, ETH +0.43%.

BASIC (BASIC)

Founded in March of 2019, Basic is a crypto finance platform where businesses and consumers can access finance services for crypto assets like bitcoin and ethereum. They are based in Singapore with teams in Singapore, Switzerland and South Korea.

Top mover of the day at 13:10 is saffron.finance which has soared 56.19% since morning. In the same time Propy has increased by 17.90% while BASIC has decreased by 2.31%.

Most tokens are higher than in the morning. Since 8:30 the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 1.56%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 0.55% higher. Bitcoin is 0.22% higher while Ether has stayed almost the same (-0.01% as of 8:30 am).

saffron.finance (SFI)

Top movers of the day are BASIC and Chimpion which has surged 10.92% since midnight. BASIC has increased by 7.56% and NOIA Network by 5.73%.

Today the crypto markets started out lower. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have decreased between 0.24% and 2.10% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization is 0.53% lower. Bitcoin and Ether also started out lower: BTC -0.44%, ETH -1.31%.

Chimpion (BNANA)

Chimpion provides merchants with a simple yet sophisticated cryptocurrency payment system with a custom e-commerce and settlement backend. Through Chimpion’s innovative technology, merchants can launch full-fledged e-commerce storefronts and accept cryptocurrency payments online, with the option to set the coin of their choice as the base currency denomination. With a built-in incentive program and dedicated wallet, Chimpion gives businesses a seamless connection to the world of digital commerce.

NOIA Network (NOIA)

NOIA Network is used for services and applications built on the Programmable Internet backbone. It represents a unit of transport within the network. NOIA Network aims to utilize Segment Routing, IPv6, and Distributed Ledger technology to create a global Software Defined Network (SDN) on the public Internet. NOIA’s ‘programmable internet’ reportedly allows ISPs, data centers, and individual infrastructure providers to connect to Distributed Ledgers and sell their infrastructure as internet transit. The NOIA Platform aims to be the world’s first ‘Programmable Internet Backbone As a Service’.

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are BASIC and Chimpion. Since 6 pm BASIC has soared 46.80% and Chimpion 36.54%.

Most tokens and coins ended the day in red. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended -1.29%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.09%. Ether ended -0.54% while Bitcoin ended +0.96%.

To find out based on which criteria have been selected, please read the notes.

BASIC (BASIC)

Founded in March of 2019, Basic is a crypto finance platform where businesses and consumers can access finance services for crypto assets like bitcoin and ethereum. They are based in Singapore with teams in Singapore, Switzerland and South Korea.

Top movers of the day at 18:10 are SALT and Alpha Finance Lab. Since 1 pm SALT has surged 16.59% and Alpha Finance Lab 20.37%. Steem Dollars is 3.21% lower.

In the afternoon the crypto markets went down. Since 1 pm the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have fallen by 1.24% (-4.13% as of yesterday EOD). The coins represented by 2100NEWS DA Coin Index (NWSCo100) are 0.54% lower (-2.40% as of yesterday EOD). 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 1.74% (-0.72% as of yesterday EOD). Bitcoin and Ether are also lower: BTC -2.35%, ETH -1.52% (as of 1 pm).

Alpha Finance Lab (ALPHA)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user friendly way.

Top movers of the day at 13:10 are Steem Dollars and Syscoin. Since 9 am Steem Dollars has surged 18.18% and Syscoin 18.15%. In the same period Bitcoin Gold has increased by 10.39%.

The crypto markets are still mixed. The tokens are still down. Since midnight 2100NEWS DA Token Index (NWSTo100) which measures their performance has fallen by 3.04%. Contrarily, most coins led by Bitcoin were going up. Since midnight Bitcoin has increased by 3.21% while Ether is 0.50% lower. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 1.03% higher.

Steem Dollars (SBD)

Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.

Syscoin (SYS)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database and a blockchain. Aiming to help developers to create and implement decentralized applications as well as enabling the development of custom decentralized marketplaces, Syscoin aims to cut out middlemen of online retail.

Top movers of the day are Steem Dollars and SALT. Since midnight Steem Dollars has surged 31.34% and SALT 22.36%. BASIC is 12.64% higher.

The crypto markets are mixed this morning. Since midnight the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have fallen by 2.34%. On the other hand, in the same time 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has increased by 0.64%. Bitcoin has increased by 2.64% while Ether has decreased by 0.75%.

SALT (SALT)

Salt is the token of the SALT lending platform that allows users to collateralize their blockchain assets to get loaned cash.

Tokens and coins that moved the most in the last 24 hours:

Top mover of the day is NOIA Network which has soared 54.11% since 6 pm. In the same time yearn.finance has increased by 21.43% and Audius by 5.22%.

The cypto markets fiished the day much higher. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended +6.04%. The small caps represented by 2100NEWS Digital Assets 300 SmallCap Index (NWSS300) ended +0.99%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +5.44%. Bitcoin ended +5.58%, Ether ended +4.79%.

To find out based on which criteria have been selected, please read the notes.

NOIA Network (NOIA)

NOIA Network is used for services and applications built on the Programmable Internet backbone. It represents a unit of transport within the network. NOIA Network aims to utilize Segment Routing, IPv6, and Distributed Ledger technology to create a global Software Defined Network (SDN) on the public Internet. NOIA’s ‘programmable internet’ reportedly allows ISPs, data centers, and individual infrastructure providers to connect to Distributed Ledgers and sell their infrastructure as internet transit. The NOIA Platform aims to be the world’s first ‘Programmable Internet Backbone As a Service’.

Top mover of the day at 18:10 ia BASIC which has surged 20.36% since 1 pm. In the same time MINDOL has increased by 6.35% and Bancor by 3.76%.

In the afternoon the Blue Chips went up significantly. Since 1 pm 2100NEWS Digital Assets 30 Blue Chip Index (NWS30) which measures the performance of 30 of the most valuable digital assets by market capitalization has increased by 2.79%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 2.41% higher. Bitcoin has increased by 3.51% and Ether by 2.90%.

BASIC (BASIC)

Founded in March of 2019, Basic is a crypto finance platform where businesses and consumers can access finance services for crypto assets like bitcoin and ethereum. They are based in Singapore with teams in Singapore, Switzerland and South Korea.

Top mover of the day at 13:10 is Sora which has surged 28.49% since 8 am. Audius is 19.22% while UCA Coin is 7.32% lower.

Generally, the coins are still up, including Bitcoin and Ether. Since morning the coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) have increased by 0.25% (+6.47% than 24 hours ago). Our main 2100NEWS Digital Assets Total Index (NWST1100) is 1.25% higher. Bitcoin has increased by 2.08% and Ether by 0.48%.

Sora (XOR)

SORA is both a new economic system that decentralizes the concept of a central bank as well as a network that implements a new way to architect a parachain-esque blockchain that connects to the Polkadot relay chain and ecosystem—a parachain virtual bridge—with in-built tools focused on DeFi. The SORA Network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets.

Top movers of the day are UCA Coin and Propy. Since midnight UCA Coin has soared 32.92% and Propy 47.88%. In the same time Bella Protocol has increased by 15.52%.

Today most tokens and coins started out higher. Since midnight the coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) have increased by 3.15%. The tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100) are 2.44% higher. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization is 0.79% higher. Ether moved 0.80% higher while Bitcoin started out 0.38% lower.

UCA Coin (UCA)

Ucacoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. Ucacoin is fork of Pivx, improved with some of the following features: DNS hardcoded, Consesus by masternode, POS 3.0. stake fixed, Fast transactions featuring guaranteed zero confirmation transaction.

Propy (PRO)

Propy Utility Token is created to promote simple integration in users’ wallets. When a user buys a property, a small percentage (about 0.2% to 1% on average) of the final buying price is charged for Propy. Coins paid for writing data to the Propy Registry are saved in the Ethereum blockchain’s particular Rewards smart contract. The total amount of coins are distributed to the coin owners, equivalent to the PRO holders. The bonuses agreement snaps a picture of coin dispensation monthly and issues bonuses for the quarter basing on that picture which is saved in the blockchain. In this way, all users can check whether those rewards were allocated accurately.

Bella Protocol (BEL)

Bella Protocol is an aggregated user interface for existing Decentralized Finance (DeFi) protocols. Built by the ARPA project team, Bella Protocol aims to simplify the user experience of existing DeFi protocols, and to allow users to deploy their assets and earn yield with ease.

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Elamachain and YFDAI.FINANCE which has surged 25.58% since 6 pm. In the same time Elamachain has increased by 2.85% and XMax by 7.65%.

The crypto markets finished the day much higher. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between +2.41% and +5.67% (NWSCo100). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +4.58%. Bitcoin ended 4.86%, Ether ended +3.10%.

To find out based on which criteria have been selected, please read the notes.

YFDAI.FINANCE (YF-DAI)

YFDAI is a community centric. innovatative DeFi projectdeveloped by the people, for the people. The decisions andactions of YFDAI will be made by its members and community toensure equity and fairness for all YFDAI is a new form of governance.system where innovation, entrepreneurship, and technological advancementis the priority and the goal is delivering a much needed utility focus to DeFi.

Top mover of the day at 18:10 is XMax which has soared 25.31% since 1 pm. Keep3rV1 has increased by 5.04% while Elamachain has fallen by 1.77%.

The crypto markets continued to go up. The coins rose the most. Since 1 pm 2100NEWS DA Coin Index (NWSCo100) which measures their performance has increased by 2.29% (+4.98% as of yesterday EOD). Our main 2100NEWS Digital Assets Total Index (NWST1100) is 1.84% higher. Bitcoin and Ether are also higher: BTC +2.02%, ETH +1.88%.

Keep3rV1 (KP3R)

Keep3r Network is a decentralized keeper network for projects that need external devops and for external teams to find keeper jobs

Top mover of the day at 13:10 is Elamachain which has surged 85.19% since 8 am. In the same time Wing Finance has increased by 8.67% while Alpha Finance Lab has decreased by 1.13%.

Most tokens and coins went up slightly. Since morning 2100NEWS DA Indexes have increased up to 0.66% and most of them are more than 2% higher than yesterday’s closing. In the same period, 2100NEWS Digital Assets Total Index (NWST1100) has increased by 2.10%. Bitcoin is 2.07% higher and Ether 1.21% (as of yesterday EOD).

Elamachain (ELAMA)

ELAMACHAIN is an emotional Al platform integrating blockchain technology and Al services to meet the needs of individual users and businesses in connection with existing ecosystem. ELA Coin fuels that ecosystem built on Al designed to answer human emotions, while it provides maximized utility to users of ELAMACHAIN platform. ELAMACHAIN’s ecosystem and scalability covers the territory of the “real- world” untouched by precedent blockchain projects, ranging from application of Al services and practical – and convenient – usage of cryptocurrency in daily lives and businesses.

Top movers of the day are Alpha Finance Lab and MINDOL which has soared 68.97% since midnight. In the same time Alpha Finance Lab has surged 24.75% and ShipChain 9.91%.

The crypto markets started out higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 3.15% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization is 1.87% higher. Bitcoin and Ether also started out higher: BTC +1.78%, ETH +1.74%.

Alpha Finance Lab (ALPHA)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user friendly way.

ShipChain (SHIP)

A fully integrated system across the entire supply chain, from the moment a shipment leaves the production facility, to the final delivery on the customer’s doorstep. Every shipment is federated & validated in trustless, transparent blockchain contracts.

MINDOL (MIN)

The MINDOL project aims to revitalize the Japanese subculture worldwide.

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Swerve and ShipChain which has soared 56.76% since 10 am. In the same time Swerve has surged 23.64%. SUN Token is 2.12% higher.

During the day the crypto markets were going down and finished in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between -0.52% and -2.30%. 2100NEWS Digital Assets Total Index (NWST1100) ended -1.38%. Bitcoin and Ether also ended the day lower: BTC -0.90%, ETH -3.33%.

To find out based on which criteria have been selected, please read the notes.

ShipChain (SHIP)

A fully integrated system across the entire supply chain, from the moment a shipment leaves the production facility, to the final delivery on the customer’s doorstep. Every shipment is federated & validated in trustless, transparent blockchain contracts.

Top mover of the day is Swerve which has surged 43.18% since midnight. In the same time bZx Protocol has increased by 11.09% and Injective Protocol by 9.30%.

Most tokens and coins moved higher today. Since midnight the non-Ethereum tokens measured by 2100NEWS DA NonEthereum Based Index (NWSOT50) have increased by 1.78%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has increased by 0.33%. Bitcoin is slighlty higher (+0.09%) while Ether is 0.42% lower.

Swerve (SWRV)

Swerve is a fork of Curve, owned 100% by the community. There’s no fake-out deployment, no questionable pre-mining, no founder controlling majority of the governance vote, no suspect team proposals, no 30% allocation to ‘shareholders’, no team allocation, no decades long distribution, none of it. It’s a simple 33,000,000 supply owned entirely by you, the community of liquidity providers and users.

bZx Protocol (BZRX)

bZx is a financial primitive for shorting, leverage, borrowing, and lending that empowers decentralized, efficient, and rent-free blockchain applications. bZx is a protocol that can be integrated into any (b)0x standard relay. bZx provides the backend smart contracts that power decentralized exchanges. bZx also provides a bridge to easily link exchanges’ user interface to the bZx protocol. bZx runs on an immutable, censorship-resistant, decentralized blockchain. bZx is composed of audited smart contracts that no third party can control, including the developers. The bZx protocol audited extensively by leading smart contract security auditor ZK Labs

Injective Protocol (INJ)

Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi. The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross-chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision-resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running. INJ is the token utilized on Injective and was launched via a public offering in 2020, becoming the first project backed by Binance Labs to debut on Binance Launchpad. The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivatives collateralization, liquidity mining, and staking.