How Is the Osmosis Network Secured?
Osmosis is a sovereign [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) blockchain with its own [validator set](https://www.mintscan.io/osmosis/validators).
How Many Osmosis (OSMO) Coins Are There in Circulation?
OSMO is the protocol's [governance token](https://coinmarketcap.com/alexandria/glossary/governance-token) with a [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) of 1 billion. At genesis, 100 million OSMO was released, split evenly between [airdrop](https://coinmarketcap.com/alexandria/glossary/airdrop) recipients and a strategic reserve. Tokens are being released at the end of each daily epoch and follow a "thirdening" schedule, meaning token issuance is cut by a third each year. In the first year, 300 million OSMO will be released, in the second 200 million OSMO, in the third 133 million OSMO, and so on. Newly released tokens are distributed as follows:
* Staking Rewards: 25%
* Developer Vesting: 25%
* Liquidity Mining Incentives: 45%
* Community Pool: 5%
The total token distribution is as follows:
* Liquidity Reward Mining: 40.5%
* Developer Vesting: 22.5%
* Staking Reward: 22.5%
* Community Pool: 4.5%
* Strategic Reserve: 5%
* Airdrop: 5%
What Makes Osmosis Unique?
The Osmosis blockchain protocol has three key strengths that set it apart from other AMM money market protocols.
First, Osmosis has customizable liquidity pools. Unlike Uniswap, where LPs can provide liquidity only to a two-token pool with an equal ratio, Osmosis allows for providing liquidity to pools with several tokens and unequal ratios. Osmosis argues that agents in a maturing DeFi market like arbitrageurs and LPs need a more flexible solution that allows them to self-identify opportunities and react to them by adjusting parameters. Thus, on Osmosis LPs can adjust factors slippage, transaction fees, and more.
Coordination between stakeholders is of equal importance, which is why liquidity pool shares on Osmosis are not only used to calculate the fractional ownership of a liquidity pool, but also the right to participate in the strategic decision-making of the liquidity pool as well. This incentivizes long-term liquidity provision and prevents possible vampire attacks from other protocols. Thus, liquidity providers with more skin in the game get a bigger say in the strategic direction of the pool, which is in line with the bigger risk they're taking.
Finally, Osmosis introduces the idea of "AMMs as serviced infrastructure." With an increase in the amount and complexity of DeFi products, AMMs have had to:
* Compromise efficiency and trade on AMMs with non-optimal bonding curves.
* Take on the risk of building a custom AMM to maximize efficiency.
Osmosis wants to remedy that by providing AMM creators with an option to define the bonding curve value function and reuse the rest of the infrastructure using Osmosis' products.
Who Are The Founders Of Osmosis?
Osmosis was launched by the members of two core Cosmos teams: Sunny Aggarwal and Dev Ojha from [Sikka](https://sikka.tech/) validator and [Tendermint](https://tendermint.com/), and Josh Lee and Tony Yun from [Keplr](https://www.keplr.app/), the Interchain Wallet.
One of the investors in Osmosis is Paradigm, a digital asset investment firm with stakes in countless other blockchains and protocols like [Uniswap](https://uniswap.org/), [Maker](https://coinmarketcap.com/currencies/maker/), and [Coinbase](https://www.coinbase.com/) to name a few.
Osmosis (OSMO) is a decentralized exchange (DEX) for [Cosmos](https://coinmarketcap.com/currencies/cosmos/), an ecosystem of sovereign, interoperable blockchains all connected trustlessly over IBC, [the Inter-Blockchain Communication Protocol](https://ibcprotocol.org/). Osmosis also offers non-IBC assets bridged from the Ethereum and Polkadot ecosystems. Originally based on Balancer-style pools, Osmosis is moving to a more sustainable [concentrated liquidity](https://docs.uniswap.org/protocol/concepts/V3-overview/concentrated-liquidity) model that provides a superior trading and liquidity provision experience.
As an [appchain DEX](https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4), Osmosis has greater control over the full blockchain stack than DEXs that must follow the code of a parent chain. This fine-grained control has enabled, for example, the development of [Superfluid Staking](https://www.coinbase.com/cloud/discover/insights-analysis/what-is-superfluid-staking), an improvement to [Proof-of-Stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) security. Superfluid staking allows the underlying OSMO in an LP position to add to chain security and earn staking rewards for doing so. The customizability of appchains also allows for the development of a transaction [mempool](https://coinmarketcap.com/alexandria/glossary/mempool) shielded with [threshold encryption](https://eprint.iacr.org/2022/898), which will greatly reduce harmful MEV on Osmosis.
Osmosis's vision is to build a [cross-chain](https://coinmarketcap.com/alexandria/glossary/cross-chain) native DEX and trading suite that connects all chains over IBC, including Ethereum and Bitcoin. To build out the trading functionalities, Osmosis has invited external developers to create a bespoke [DEX ecosystem](https://osmosis.zone/ecosystem) that includes lending, credit, margin, fiat on-ramps, Defi strategy vaults, NFTs, stablecoins, and more – all the functionalities of a centralized exchange and more, plus the trust-minimization of decentralized finance.
Where Can You Buy Bitcoin Gold (BTG)?
As one of the first hard forks of Bitcoin, BTG is available on various exchanges. One choice is [Binance](https://coinmarketcap.com/exchanges/binance/), but other good options include:
* [Bithumb](https://coinmarketcap.com/exchanges/bithumb/)
* [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/)
* [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/)
[Find more information here](https://coinmarketcap.com/how-to-buy-bitcoin/) about buying cryptos.
How Is the Bitcoin Gold Network Secured?
As a Bitcoin hard fork, Bitcoin Gold relies on the proof-of-work ([PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow)) consensus mechanism. However, one of BTG’s main goals was to revolutionize the mining process by introducing the Equihash PoW, which favors [GPUs](https://coinmarketcap.com/alexandria/glossary/graphical-processing-unit-gpu) for mining, unlike the Bitcoin blockchain.
While Bitcoin relies predominantly on application-specific integrated circuit ([ASIC](https://coinmarketcap.com/alexandria/glossary/asic)) miners, This version of Equihash uses more memory than an ASIC can offer but runs fine on many graphics cards. Unlike the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain, which relies on the proof-of-stake ([PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos)) mechanism and favors stakeholders, Bitcoin Gold places importance on the processing power miners have.
How Many Bitcoin Gold (BTG) Coins Are There in Circulation?
Bitcoin Gold has a maximum supply of 21,000,000 BTG tokens and a total supply of 17,513,924 BTG tokens. The current circulating supply is equal to the total supply.
Out of the total amount of BTG tokens, 30% went towards the development of the blockchain and the project. Another 15% were reserved for ecosystem support and development, and another 15% were distributed amongst the BTG community. About 20% of the total BTG token supply was reserved for yearly expenses. Close to 7% of BTG tokens were set aside for bounties and app collaboration, while another 5% went towards rewards for the founding team. The remaining 8% of tokens went towards covering pre-fork costs and community development.
What Makes Bitcoin Gold Unique?
Bitcoin Gold is a unique combination of the inherent properties of the original Bitcoin blockchain and an innovative approach to blockchain development and applications. As a hard fork of the original Bitcoin token, BTG aims to revolutionize the mining process by introducing a new proof-of-work algorithm that combats the scalability issues Bitcoin struggles with.
As an open-source protocol, Bitcoin Gold allows developers to participate in the governance and development of the blockchain freely. According to the company, this is a must-have requirement for pushing decentralization and one of the major points where Bitcoin struggles.
Bitcoin Gold is one of the first hard forks of the original cryptocurrency, which has attracted institutional and enterprise investors’ attention. BTG is available on a wide variety of exchanges, as well as swap services and wallets. Lastly, Bitcoin Gold has been actively adopted by several online browsers and service providers.
Who Are the Founders of Bitcoin Gold?
Bitcoin Gold was founded by a group of enthusiasts with diverse backgrounds and skills. [Hang Yin](https://www.linkedin.com/in/hang-yin-167012a7/) is a co-founder and lead developer at Bitcoin Gold. He graduated with a degree in computer science from Fudan University in 2015. His professional career started right after he graduated. In late 2015, Yin became a software engineer for Google. After three years with the tech giant, Hang Yin decided to venture into entrepreneurship by starting Bitcoin Gold. In 2018, he also participated in the founding of HashForests.
[Martin Kuvandzhiev](https://www.linkedin.com/in/martin-kuvandzhiev-061615a2/) is the second co-founder of Bitcoin Gold, and he is also a board member at the company. He graduated with a degree in computer software engineering from the Technical University of Sofia, and his professional path started as a food service worker at McDonald’s. In 2015, he became an assistant professor at the Technical University of Sofia, and in 2016, he started a job as a lead iOS developer at phyre JSC. Since co-founding Bitcoin Gold in 2017, he has also launched another company called GoStartups.net. Currently, Kuvandzhiev is also the CEO of Assetify.
What Is Bitcoin Gold (BTG)?
Bitcoin Gold was founded in 2017 to become a user-friendly alternative to [Bitcoin](https://coinmarketcap.com/currencies/bitcoin/). The BTG network aims to combine the security and sturdiness of the Bitcoin [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) and its characteristics with the opportunity for experimentation and development.
BTG enhances and extends the crypto space with a blockchain closely compatible with Bitcoin but without using resources like Bitcoin hash power or vying for the "real Bitcoin" title. The company aims to present a coin with the implementation capabilities of Bitcoin, however, expanding on the opportunities for DeFi and DApp developers to use the coin.
Where Can I Buy WOO Network (WOO)?
WOO is available for trading on a growing number of CEXs and DEXs, including
[WOO X](https://x.woo.org/spot), [Binance](https://www.binance.com/en/trade/WOO_USDT), [Kraken](https://www.kraken.com/prices/woo-woo-network-price-chart/eur-euro?interval=1m), [Bithumb](https://en.bithumb.com/trade/order/WOO_KRW), [OKX](https://www.okx.com/trade-spot/woo-usdt), [Kucoin](https://www.kucoin.com/trade/WOO-USDT), [MEXC](https://www.mexc.com/es-ES/exchange/WOO_USDT), [Gate.io](https://www.gate.io/trade/WOO_USDT), Trader Joe, Uniswap, and others.
New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.
Who Are the Founders of WOO Network?
WOO was founded by a group of Wall Street veterans and Carnegie Mellon University alumnus. Co-founder Jack Tan now leads WOO X, while other products, including WOOFi, are pursuing a more decentralized governance structure.
How Many WOO Tokens Are There in Circulation?
WOO launched on October 30, 2020, with 3 billion WOO tokens created at genesis. Since then, around 24% of the supply has been burned, leaving a new max supply of 2.23 billion. Of these, around 81% have entered circulation, with ~8% vesting to team, investors, and advisors, and ~11% reserved for future team and advisors. More information is available on the [WOO token page](https://woo.org/token).
What Is WOO Network (WOO)?
The WOO Token plays a pivotal role in the WOO ecosystem, and is utilized for staking, fee discounts, and other benefits. WOO Ecosystem products connect traders, exchanges, and institutions with access to the best-in-class liquidity and trading execution at lower or zero cost.
[WOO X](https://woo.org/) is a high performance centralized trading platform, delivering superior liquidity, execution and advanced trading tools on hundreds of spot and perpetual futures instruments.
[WOOFi](https://fi.woo.org/), a decentralized application offering swaps, perps, WOO staking, and yield-generating pools, positions as being “the easiest way to DeFi.” WOOFi is deployed on 10+ mainstream networks including Arbitrum, Avalanche, Optimism, zkSync, and more. WOOFi is regularly a Top 10 DEX by volume, making WOO one of the only tokens that has strong adoption and utility in both CeFi and DeFi.
The WOO mission is to provide the best liquidity on the best terms. Products compete not just on price execution but also on integrity, user experience, innovative tools, and global opportunities.
Where Can You Buy Nervos Network (CKB)?
As of March 2023, the top exchanges for CKB trading are [Binance](https://coinmarketcap.com/exchanges/binance/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Bithumb](https://coinmarketcap.com/exchanges/bithumb/), [Bittrex](https://coinmarketcap.com/exchanges/bittrex/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Huobi](https://coinmarketcap.com/exchanges/huobi/), [Crypto.com Exchange](https://coinmarketcap.com/exchanges/crypto-com-exchange/), [Coinone](https://coinmarketcap.com/exchanges/coinone/), [BKEX](https://coinmarketcap.com/exchanges/bkex/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [CoinEx](https://coinmarketcap.com/exchanges/coinex/), [Indodax](https://coinmarketcap.com/exchanges/indodax/), [WazirX](https://coinmarketcap.com/exchanges/wazirx/), [Tokocrypto](https://coinmarketcap.com/exchanges/tokocrypto/), [Bitrue](https://coinmarketcap.com/exchanges/bitrue/), [CoinDCX](https://coinmarketcap.com/exchanges/coindcx/) and others.
Download the CMC [mobile app](https://coinmarketcap.com/mobile/) to track the price of CKB in real-time.
Read up-to-date crypto news and educational articles on [CMC Alexandria](https://coinmarketcap.com/alexandria/).
How Is the Nervos Network Secured?
Nervos Network uses a [PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow)-based Nakamoto consensus mechanism to secure [dApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) and digital assets. The CKB token is deployed on a PoW blockchain for security and decentralization, so it's protected and mined with an ASIC-backed PoW function.
The network is open-source and has been audited by a third-party: [CertiK](https://www.certik.com/projects/nervos?utm_source=CMC&utm_campaign=AuditByCertiKLink). Also, the team regularly holds hackathons with cash prizes where people can win money for finding security flaws in the network.
How Many Nervos Network (CKB) Coins Are There in Circulation?
CKByte (Common Knowledge Base) or CKB is the network's native token. It has a total supply of 43,510,781,425 coins, which are allocated as follows:
21.5% to public token sale (to public sale investors);
17% to the ecosystem fund;
15% to the team (vested over 4 years);
14% to private sale in 2018 / to certain institutional investors (unlocked over 2 years);
5% to the founding partners (unlocked over 3 years);
2% to the foundation;
0.5% to the platform's testnet incentives;
25% of the Genesis tokens were burned (and never circulated).
As of March 2023, there are 39,936,460,802 CKB tokens in circulation.
CKB is a utility token that provides flexibility to the entire ecosystem. It’s a reserve asset on layer 2, as well as a means of payment for block rewards, staking rewards, and transaction fees.
CKB holders have access to state storage space on the platform's mainnet, getting the right to store 1 byte of data on the layer 1 blockchain (storage space is proportional to users' assets / their holdings);
What Makes Nervos Network (CKB) Unique?
The development team's unconventional methodology is evident in the Nervos Network's design: the blockchain is open-source, the technology supports multiple assets, and the architecture is made up of several layers and a number of protocols.
Nervos’ dual-layer architecture involves two layers. (1) The [layer-1](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) base layer, also called the Common Knowledge Base, is where the network achieves consensus using PoW. This layer has its own cryptocurrency called CKByte, or CKB, which fuels the Nervos ecosystem. [Layer 2](https://coinmarketcap.com/alexandria/glossary/layer-2) is the computational layer, where transactions are processed in real time and where developers carry out programming tasks.
Nervos Network wants to make it easier to make and use decentralized apps (dApps) by combining the security of the Proof of Work (PoW) algorithm with scalability and the ability to share data between layers.
Nervos Network's economic model is scalable, which means that participants can help the project grow by using platform features. In exchange, they get access to a decentralized, open, and censorship-resistant platform. Users can use the platform to store their assets; the price depends on how much space they need and how long they need it for.
Related Pages:
Read about [Quant (QNT)](https://coinmarketcap.com/currencies/quant/), [Cosmos (ATOM)](https://coinmarketcap.com/currencies/cosmos/) and [Polkadot (DOT)](https://coinmarketcap.com/currencies/polkadot-new/).
Read about the difference between [Proof-of-Work and Proof-of-Stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) in blockchain.
What is a layer-1 blockchain? Find out with our crypto [glossary](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain).
What are dApps? Learn more with [CMC Alexandria](https://coinmarketcap.com/alexandria/article/what-are-dapps).
Who Are the Founders of Nervos Network?
The Nervos Foundation initiated the project in 2018, as researchers, engineers, and developers assembled to make up the core team.
Three people created the platform itself: Terry Tai, who developed the Yunbi cryptocurrency exchange and co-founded Teahour.fm; Daniel Lv, who co-founded ruby-china.org and served as the platform's chief technology officer (CTO) for both imToken and Yunbi; and Kevin Wang, an engineer who provided consulting services to IBM Silicon Valley Lab and co-founded the Launch School.
What Is Nervos Network (CKB)?
Nervos Network (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched in November 2019 with a novel dual-layer architecture. There’s a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer, also known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). It uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications ([dApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)) that can operate on various blockchain systems. Any of the network layers can be used to run both decentralized apps and [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract).
Where Can You Buy Curve (CRV)?
CRV is a freely-tradable token and is available against cryptocurrency, stablecoin and fiat currency pairs on major exchanges.
These include [Binance](https://coinmarketcap.com/exchanges/binance/), [OKEx](https://coinmarketcap.com/exchanges/okex/) and [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), which hold the lion’s share of trading volume as of September 2020.
New to cryptocurrency and want to know how to buy [Bitcoin](https://coinmarketcap.com/currencies/bitcoin/) (BTC) or any other token? Check out the details [here](https://coinmarketcap.com/how-to-buy-bitcoin/).
How Is the Curve Network Secured?
Curve carries the standard risks associated with depositing funds in smart contracts and dealing with AMMs, namely [impermanent loss](https://coinmarketcap.com/alexandria/glossary/impermanent-loss).
As Curve only supports stablecoins, the risk of markets moving too quickly is reduced, but users can still lose money once markets are rebalanced to reflect cross-market prices.
Curve has been audited, but this does not do anything to counter the risks involved in being exposed to a specific cryptocurrency.
How Many Curve (CRV) Coins Are There in Circulation?
Curve (CRV) launched in August 2020, along with the Curve DAO. Its purpose is to function as a governance medium, incentive structure and fee payment method, along with long-term earnings method for liquidity providers.
The total CRV supply is 3.03 billion tokens, the majority of which (62%) are distributed to liquidity providers. The remainder is divided as follows: 30% to shareholders, 3% to employees and 5% to a community reserve. The shareholder and employee allocations come with a two-year vesting schedule.
CRV had no premine, and the gradual unlocking of tokens means that around 750 million should be in circulation one year after launch.
Curve has gained considerable attention by following its remit as an AMM specifically for stablecoin trading.
The launch of the DAO and CRV token brought in further profitability, given CRV’s use for governance, as it is awarded to users based on liquidity commitment and length of ownership.
The explosion in DeFi trading has ensured Curve’s longevity, with AMMs turning over huge amounts of liquidity and associated user profits.
As such, Curve caters to anyone involved in DeFi activities such as [yield farming](https://coinmarketcap.com/alexandria/glossary/yield-farming) and liquidity mining, as well as those looking to maximize returns without risk by holding notionally non-volatile stablecoins.
The platform makes money by charging a modest fee which is paid to liquidity providers.
Who Are the Founders of Curve?
The founder and CEO of Curve is Michael Egorov, a Russian scientist who has various experience with cryptocurrency-related enterprises.
In 2015, he co-founded and became CTO of NuCypher, a cryptocurrency business building privacy-preserving infrastructure and protocols.
Egorov is also the founder of decentralized bank and loans network LoanCoin.
Curve’s regular team is part of the CRV allocation structure, and will receive tokens according to a two-year vesting schedule as part of the initial launch plan.
In August 2020, Egorov said that he “overreacted” by locking up a large amount of CRV tokens as a response to [yearn.finance’s](https://blog.coinmarketcap.com/2020/09/02/inside-ethereums-testnet-headwinds-growth-in-tokenized-bitcoin-a-data-perspective-by-intotheblock-2/) voting power, awarding himself 71% of governance in the process.
Curve is a decentralized exchange for [stablecoins](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) that uses an automated market maker ([AMM](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm)) to manage [liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity).
Launched in January 2020, Curve is now synonymous with the decentralized finance ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization ([DAO](DAO)), with CRV as its in-house token. The DAO uses [Ethereum](https://coinmarketcap.com/currencies/ethereum/)-based creation tool Aragon to connect multiple [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
At the time of writing, WEMIX can be bought and traded on popular exchanges such as [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Huobi](https://coinmarketcap.com/exchanges/huobi/), [Bybit](https://coinmarketcap.com/exchanges/bybit/), [Bitget](https://coinmarketcap.com/exchanges/bitget/), [Crypto.com](https://coinmarketcap.com/exchanges/crypto-com-exchange/), [MEXC](https://coinmarketcap.com/exchanges/mxc/) and more. Check out the full list of exchanges where you can buy and sell WEMIX [here](https://coinmarketcap.com/currencies/wemix/markets/).
How Is the WEMIX Network Secured?
WEMIX is a high-performance EVM-compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus algorithm, which is secured by 40 decentralized authority nodes (40 WONDERS), operated by highly-qualified global partners.
WEMIX also applies the variable total gas fee formula which is part of [EIP-1559](https://coinmarketcap.com/alexandria/article/technical-walkthrough-of-eip-1559), an implementation of the transaction pricing mechanism dynamically expanding and contracting gas prices intended to deal with momentary transaction spikes in the network. The mechanism simply makes it so that continuous attempts at malicious network spams inevitably become too expensive and therefore impractical for attackers, functioning as a reinforced security layer within the ecosystem.
WEMIX and the mega-ecosystem contains individually functional and collectively aligned key platforms and components that directly contribute to its growth and expansion.
The ecosystem contains:
WEMIX Play: Claimed to be world's largest and fastest play-and-earn (P&E) gaming platform home to numerous multi-genre games from all over the world that implements the "pay" segment into the experience cycle of global gamers.
NILE: The next-generation DAO-powered community platform built for the creation, facilitation, and management of projects through the Neith Protocol (programmable [smart contract](https://coinmarketcap.com/alexandria/glossary/smart-contract) mechanism), innovating opportunities realized through collective potential.
WEMIX.Fi: The official [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) platform that provides secure and transparent services for users such as [swap](https://coinmarketcap.com/alexandria/glossary/token-swap), [staking](https://coinmarketcap.com/alexandria/glossary/staking), [pool](https://coinmarketcap.com/alexandria/glossary/liquidity-pool), borrow, [bridge](https://coinmarketcap.com/alexandria/glossary/bridges) and more. With high TPS and low gas fees, WEMIX.Fi claims to ensure the best experience with reliable financial services.
WEMIX$: The official [stablecoin](https://coinmarketcap.com/alexandria/glossary/stablecoin) protocol with 100% collateralization of on-chain and off-chain secure assets such as USDC and Fiat currencies, adhering to the philosophy that quantitative growth of WEMIX$ leads to the qualitative growth of WEMIX.
WEMIX Wallet: The decentralized native [wallet](https://coinmarketcap.com/alexandria/glossary/hot-wallet) of WEMIX that provides experience-centric services in managing funds and crypto-assets without the need of custody over them; the wallet is a non-custodial crypto wallet designed to provide users sole control over their [private keys](https://coinmarketcap.com/alexandria/glossary/private-key-secret-key).
WEMIX Explorer: There are two components to the WEMIX Explorer, the Macroscope and the Microscope. The Macroscope of WEMIX is the collection of data that directly influences the growth of the ecosystem as a whole, whereas the Microscope analyzes activities including detailed transactions and block validations within the WEMIX blockchain network — known as a [blockchain explorer](https://coinmarketcap.com/alexandria/glossary/blockchain-explorer).
Papyrus: Papyrus is a seamless token-based communication tool that connects people with common interests based on the tokens and NFTs the users hold.
40 WONDERS: Also known as Node Council Partners(NCP), 40 WONDERS is constituted by technology sponsors and ecosystem sponsors that represent the interests of the WEMIX community as a whole, and secure WEMIX network via governance.