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Frequently Asked Questions

Here you can find frequently asked questions about various cryptocurrencies.

What is Jito Network?

Jito Network is a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products. Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana. Maximum extractable value (MEV) describes profit opportunities attributable to the specific order of transaction execution. For example, a large swap on Orca can lower the pool’s price below that of Raydium or Serum. Traders will race to profit from that price difference and this arbitrage is considered MEV. The Jito Foundation was created to minimize the negative impacts of MEV, equitably distribute the profits and increase transparency. Jito published an open source validator client designed to create a competitive market for MEV extraction. The client enables auctions within each block for the opportunity to capture that block’s MEV. Traders submit bids, and the highest bidders within each block can harvest available MEV.

Where Can You Buy Baby Doge Coin (BabyDoge)?

If you would like to buy Baby Doge, the top exchanges for trading in Baby Doge Coin are currently [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Poloniex](https://coinmarketcap.com/exchanges/poloniex/), [OKEx](https://coinmarketcap.com/exchanges/okex/), [BitForex](https://coinmarketcap.com/exchanges/bitforex/), [Bitrue](https://coinmarketcap.com/exchanges/bitrue/), [DigiFinex](https://coinmarketcap.com/exchanges/digifinex/), [BabySwap](https://coinmarketcap.com/exchanges/babyswap/), [XT.COM](https://coinmarketcap.com/exchanges/xt/), [LBank](https://coinmarketcap.com/exchanges/lbank/), [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/), [CoinW](https://coinmarketcap.com/exchanges/coinw/), and [DODO BSC](https://coinmarketcap.com/exchanges/dodo-bsc/). New to the crypto space? For more information about how to buy crypto with fiat, check out CoinMarketCap’s education portal — [Alexandria](https://coinmarketcap.com/alexandria/).

How Is the Baby Doge Coin Network Secured?

Baby Doge uses the [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain) to provide a Proof of Staked Authority consensus that relies on 21 validators to provide decentralization and enable community involvement. Baby Doge is a token built on binance smart chain.

How Many BabyDoge Coins Are There in Circulation?

There is a total supply of 420 quadrillion Baby Doge Coins with 295 quadrillion currently circulating — as 125 quadrillion (about 30%) have already been removed with [coin burning](https://coinmarketcap.com/alexandria/glossary/burned). Baby Doge has a 10% transaction fee, 5% is redistributed to Baby Doge Coin holders, and 5% is sold by the contract into BNB and added automatically as a liquidity pair on Pancake Swap. The BNB half is used to power the project while the babydoge half is burned.

What Makes BabyDoge Unique?

Baby Doge Protocol is cute but with a lot of BITE! $Baby Doge is a deflationary token designed to become more scarce over time. The amount of baby doge coins in your wallet can increase from each transaction as baby doge coin holders automatically receive a 5% fee from every transaction that happens on the Baby Doge ecosystem. The community receives more baby doge coins from the fees generated each transaction. Just because you have more BabyDoge coins does not mean you will have more overall value. BabyDoge also has real world utility, which is something uncommon in many meme cryptocurrencies. It features a BabyDoge card, swap, token locker, ai image generator, NFTs, and more. BabyDoge has integrations with Coinpayments to integrate baby doge with top e-commerce platforms like WooCommerce, Shopify and Magento, and has done charity donations to animal rescue shelters like Paws with Cause, Furkids, Best Friends, ASPCA, Humane Society.

Who Are the Founders of BabyDoge?

As with other meme cryptocurrencies, it is unclear who the creators and main team behind BabyDoge are. These developers built BabyDoge using the Binance Smart Chain to create an ecosystem that is still Ethereum-compatible. Since its inception in June 2021, BabyDoge has amassed a community of 1,300,000 token holders, 200,000+ Telegram members, 880,000+ Twitter followers, and 245,000+ Instagram followers.

What Is BabyDoge (BabyDoge)?

Baby Doge has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the Doge Meme online community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders. Baby Doge was created initially as a joke with a mission to help spread awareness of animal adoption. The primary utility for Baby Doge is building a fun meme community to spread awareness of animal welfare and pet adoption. The BabyDoge ai image generator allows the BabyDoge community to create ai baby doge characters ai memes, and ai images on demand. Additionally users can pay in babydoge to mint their images into NFTs BabyDoge has its own Swap [BabyDogeSwap.com](https://babydogeswap.com) where it has its own AMM, core farms, farming as a service, free token locker, burn portal, card, Ai image generator, NFTs and more!

Where Can You Buy JUST (JST)?

The JUST (JST) token is highly liquid and can be traded on some of the most well-reputed exchange platforms around — including [Binance](https://coinmarketcap.com/exchanges/binance/), Poloniex, [OKEx](https://coinmarketcap.com/exchanges/okex/) and Bithumb. As of January 2021, the most popular trading pairs for JST include JST/USDT, JST/KRW and JST/BTC. A handful of cryptocurrency exchanges also support direct fiat purchases of JST. To learn more about buying cryptocurrency using your credit or debit card, check out our [simple guide](https://coinmarketcap.com/how-to-buy-bitcoin/).

How Is the JUST Network Secured?

As a TRC-20 token, the JUST Network is secured by the underlying TRON blockchain. Unlike other platforms that use the energy-intensive [proof-of-work](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (POW) [consensus](https://coinmarketcap.com/alexandria/glossary/consensus) mechanism to maintain the integrity of the blockchain and ward off potential [attacks](https://coinmarketcap.com/alexandria/glossary/51-attack), TRON uses the energy-efficient delegated-proof-of-stake ([dPOS](https://coinmarketcap.com/alexandria/glossary/delegated-proof-of-stake-dpos)) system. This sees TRON (TRX) token holders elect super representatives tasked with generating blocks and packaging transactions. Together, the 27 super representatives are responsible for keeping the network secure.

How Many JUST (JST) Coins Are There in Circulation?

As of January 2021, a total of 2.26 billion JST is in circulation, out of a maximum supply of 9.9 billion. This represents 23% of the maximum supply. These tokens are earned by depositing, lending, and providing liquidity on the JUST Network or by completing several other actions — such as by participating in special campaigns. According to the original [IEO](https://coinmarketcap.com/alexandria/glossary/initial-exchange-offering) on Poloniex, the full JST token supply is distributed as follows: * Seed Sale: 11% * Public Sale (LaunchBase Allocation): 4% * Strategic Partnerships: 26% * Team: 19% * Airdrop (Only for TRX Holders): 10% * Ecosystem: 30% Further information about the allocation of JST tokens, including the specifics of the vesting period for the JUST team and its inflation rate is currently unknown. However, it is known that all team tokens will be fully vested by April 2022.

What Makes JUST Unique?

Unlike most other DeFi platforms, JUST isn’t just looking to offer a single product that offers utility to a small subset of DeFi users. Instead, it’s attempting to build an entire suite of products that cover a range of DeFi use cases, forming the foundations of a complete DeFi ecosystem on TRON. As of January 2021, the JUST ecosystem consists of five distinct products, all of which are designed to interoperate and provide additional utility to users. These are: * JustStable: JUST’s flagship decentralized multi-collateral stablecoin platform. * JustLend: A TRON-powered money market protocol that allows users to add [liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) to lending pools and take out low-interest cryptocurrency loans. * JustSwap: An automated market maker ([AMM](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm)) platform used for trustless TRC-20 token swaps and the creation of permissionless liquidity pools. * JustLink: The first decentralized [oracle](https://coinmarketcap.com/alexandria/article/oracles-in-defi-101-a-deep-dive-by-tellor) system for the TRON network — used to securely supply smart contracts with real-world data. * Cross-chain tokens: Assets from other blockchains, including Bitcoin (BTC), [Ethereum (ETH)](https://coinmarketcap.com/currencies/ethereum/) and [Litecoin](https://coinmarketcap.com/currencies/litecoin/) (LTC), that have been tokenized on TRON and can be used within the JUST ecosystem.

Who Are the Founders of JUST?

The JUST ecosystem is managed by the JUST Foundation, which includes individuals from Alibaba, Tencent, IBM and "other world-class internet companies," while JUST's financial analysis team hails from "several global investment banks" according to the project website. Some of the most prominent individuals include Terance F (a blockchain expert and ex-Barclays and IBM employee), Elvis Zhang (a senior developer and experienced blockchain researcher), C Wu (a specialist in wallets and exchanges) and GL Kong (an experienced blockchain engineer and early crypto adopter). The full names and profiles of much of the JUST team is not public. However, it appears that the project shares some overlap with the TRON development team, since the platform was announced by TRON CEO and founder Justin Sun, and has received technical and financial support from TRON.

What Is JUST (JST)?

JUST is a popular new decentralized finance ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)) ecosystem built for the [TRON](https://coinmarketcap.com/currencies/tron/) [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain). It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable. The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020. It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. [USDJ](https://coinmarketcap.com/currencies/usdj/) is a multi-collateral [stablecoin](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio. To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral. The platform is designed to provide a fair and borderless hub of [DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) products, that any TRON user can access.

Welcome to the world of VANAR Chain, a cutting-edge blockchain ecosystem where efficiency, speed, and security converge. At the heart of this revolutionary platform is VANRY, our native gas token, designed to fuel transactions and smart contract operations within the VANAR Chain.

Where Can You Buy ICON Network (ICX)?

ICX is available on [Binance](https://coinmarketcap.com/exchanges/binance/), [Upbit](https://coinmarketcap.com/exchanges/upbit/), [Bithumb](https://coinmarketcap.com/exchanges/bithumb/), [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [BitStamp](https://coinmarketcap.com/exchanges/bitstamp/) and [Gate.io](https://coinmarketcap.com/exchanges/gate-io/).

How Is the ICON Network Secured?

ICON is a delegated proof-of-stake (DPoS) network, which means a majority of stakeholders delegate their share of the network – in this case, ICX – to registered validators that produce blocks and participate in governance. ICON’s DPoS consensus lets non-technical stakeholders benefit from staking without having to set up a node or join a staking pool. On ICON, ICX holders can stake and delegate ICX to P-Reps – entities that have registered to participate in governing the ICON blockchain. This DPoS implementation offers the best of both worlds – stakers can passively earn rewards, while technical individuals that are actually interested in setting up infrastructure and governing ICON can do so. The ICON blockchain is governed by Public Representatives (P-Reps). To become a P-Rep, a team or individual must go through an on-chain registration process which includes paying a 2,000 ICX registration fee. Following registration, a P-Rep can start receiving delegation in the form of staked ICX. To read more: [ICON Governance](https://icon.community/learn/icon-governance/).

What Makes ICON Network Unique?

ICON's native ICX coin fuels interoperability with a sizeable percentage of all these fees collected in ICX are burned. Apps, written in any programming language, can use the ICON Cross-Chain Framework on a growing list of blockchains. Visit the ICON Community website (https://icon.community/ ) for an up to date overview of connected blockchains!

Who Are the Founders of ICON Network?

ICON Network was co-founded by Min Kim, the former chief strategy officer of DAYLI Financial Group, Korea’s largest fintech holding company, and the chief operating officer at Tapas Media, a U.S. digital content distribution platform. He is also an alumnus of Haas School of Business at the University of California in Berkeley. Min Kim incubated ICONLOOP, ICON’s technical partner.

What Is ICON Network (ICX)?

Apps use [ICON](https://coinmarketcap.com/currencies/icon/) to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

How is POKT Generated?

Pocket Network launched its mainnet on July 28th, 2020 with 650M POKT tokens created at genesis. Unlike most traditional block rewards, Pocket Network’s is dynamic; the amount of POKT that is minted is directly proportional to the number of data relays and transaction fees in a given block, with the rewards divided between service nodes, validator nodes, and the [Pocket Network DAO](https://forum.pokt.network/c/governance/9) that governs the protocol.

Where Can I Buy POKT?

Interested in staking POKT to run a node, using it to access our developer Portal, or to simply invest in the future of decentralized infrastructure? POKT is available to purchase on multiple global exchanges - see the Pocket Docs for [more information about purchasing POKT](https://docs.pokt.network/home/pokt/buy).

What is POKT used for?

POKT is the native utility token that is used on both sides of the Pocket Network ecosystem - with [node runners](https://docs.pokt.network/home/node) and with [Web3 developers](https://docs.pokt.network/home/use). The token is used for: * Staking nodes on the network, in order to service blockchain data requests and earn POKT rewards * Accessing the Pocket Portal, in order for developers to get network throughput via staking POKT tokens Developers can use the [Pocket Portal](https://www.portal.pokt.network) to connect to Pocket Network and start using decentralized infrastructure for their applications. The Portal provides decentralized endpoints in a matter of a few clicks, and offers a generous free tier of 1M data relays per day.

What Makes Pocket Network Unique?

The RPC layer of the Web3 stack has long been vulnerable to a major concern: centralization. The founders of Pocket Network realized this problem after experimenting with Ethereum in 2016. How can DECENTRALIZED applications be built on a layer of CENTRALIZED RPC providers? Pocket Network addresses this [paradox of accessing decentralized networks through a handful of centralized service providers](https://docs.pokt.network/home/learn/vision) - a paradox that is an existential risk to Web3. Seeing this risk, Pocket Network was designed and built in order to do Web3 infrastructure the right way: decentralized. From its launch onwards, Pocket Network has stressed Web3 principles in their truest forms. Pocket Network is the first decentralized infrastructure project that can reliably serve applications and projects of all sizes. Our global network of thousands of full nodes now [services the data demands of more than 50 different blockchains](https://docs.pokt.network/home/supported-blockchains), and provides developers with constant uptime, optimized quality of service, ease of use, and maximum privacy and censorship-resistance. Pocket Network has also scaled with efficiency, reaching and surpassing the milestone of more than 1 billion data relays serviced in a 24 hour period. The [future v1 of the protocol](https://docs.pokt.network/home/learn/future) will allow for even greater scaling potential, with a focus on quality of service across all nodes in the network.

What Is Pocket Network (POKT)?

​​Pocket Network is a decentralized blockchain data platform - a protocol that is built to connect to any blockchain and service the data demands of Web3 dApps. Pocket Network uses [cost-efficient economics](https://docs.pokt.network/home/learn/economics) to coordinate and distribute data at scale, using the POKT token to facilitate the protocol's service. Pocket Network nodes act as the [middle layer](https://docs.pokt.network/home/learn/protocol) that connects the protocol's 50+ supported blockchains with their ecosystems of dApps that require data from the chain. The network runs on a Proof-of-Stake (PoS) consensus mechanism that offers scalability and data consistency for dApps.

The top exchanges for trading in Telcoin are currently KuCoin, Quickswap, Balancer, Uniswap, and 1inch Exchange. You can find others listed on our crypto exchanges page. What Is Telcoin (TEL)? Telcoin (TEL) Telcoin (TEL) is the native medium of exchange, reserve asset and protocol token of the Telcoin user-owned, decentralized financial platform. TEL enables end users to seamlessly access and power a global suite of user owned, decentralized financial products. TEL incentives coordinate market participants, such as telecoms and active users, to provide specific value added services to end users of the platform, aligning the incentives of the Telcoin ecosystem towards providing every mobile phone user in the world with access to fast and affordable, user-owned financial products. Formal Documentation can be found here: https://www.telx.network/about/what-is-telcoin-(tel) https://www.telx.network/about/how-do-market-participants-use-tel https://www.telx.network/about/tel-taxonomy The Telcoin Platform Telcoin is a user-owned, decentralized financial platform powered by active Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers. By aligning telecoms around a user-owned, decentralized financial platform, Telcoin aims to provide every mobile phone user in the world with access to fast and affordable, user-owned financial products far superior to traditional banking services. Telcoin Pte. Ltd. Established in July 2017 in Singapore, Telcoin leverages blockchain technology to provide access to decentralized financial services on any mobile device. The company’s launch product, Telcoin Remittances, is focused on high-speed, low-cost digital money transfers to mobile money platforms and e-wallets. Telcoin Remittances connect with telecom, mobile money, and e-wallet partners globally to make sending money convenient, affordable, and secure. Telcoin recently launched Version 3 of the platform, which introduced two user-owned financial products including The Send Money Smarter Network (SMS) a user-owned, global remittance network and TELxchange, a user-owned, decentralized digital asset exchange. Telcoin is regulated in Singapore as a Major Payment Institution by the Monetary Authority of Singapore. Telcoin is also registered and regulated in a number of other global markets, including Canada and Australia, and maintains primary offices in Singapore, Tokyo, Dubai, and Los Angeles. Telcoin has been an active member of the GSMA since February 2018. Who Are the Founders of Telcoin?. Telcoin was founded in 2017 by Paul Neuner, a serial entrepreneur with more than 12 years of experience in the telecommunications and cybersecurity space. A graduate of The University of Notre Dame, he has lived and worked across the globe, primarily in the Middle East and Asia. Neuner previously co-founded Mobius, a startup that provides fraud management services for mobile network operators. In 2018, he also founded Sedona, a next-generation telecom fraud management service that offers sovereign mobile financial services. What Makes Telcoin Unique?. Telcoin aims to productize decentralized finance into seamless, automated, user owned applications and distribute those products and services through telecoms to every mobile phone user in the world. With over 5 billion users, Telecoms are positioned to provide the largest base of existing, known global retail users with access to financial products via mobile phones they use every day. DeFi has revolutionized finance by enabling the creation of user owned, automated, non-custodial applications accessible to everyone with an internet connection that execute in code rather than through intermediary institutions. Telcoin is capturing this market opportunity by aligning with telecoms and enabling them to distribute superior, decentralized, automated financial products to their subscribers, taking on a fraction of traditional finance counterparty, execution, and custody risk. How Many Telcoin (TEL) Tokens Are There in Circulation? Telcoin is built on the Ethereum blockchain. At its launch in 2017, 25 percent of the tokens were distributed in crowdsale to investors. Another 15 percent were retained by the Telcoin Team, with a 5 percent liquidity fund. The maximum number of tokens on the network are fixed at 100,000,000,000 TEL. Currently, approximately 50 percent of the tokens (50,270,110,195 TEL) have been issued. How Is Telcoin Secured? Telcoin is an ERC-20 token native to Ethereum, one of the most secure computing networks in the world. Via the Telcoin Mobile Application, TEL users can securely store and transact their assets using a 2 for 3 multi-signature ethereum wallet and never have to worry about secure generation and store of alpha-numeric private keys or 12 to 24 word secret phrases. Where Can You Buy the Telcoin (TEL)? Although TEL is a very popular crypto asset, few exchanges provide the facility to purchase TEL tokens against fiat. You can buy TEL tokens against cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The top exchanges for buying, selling, and trading in Telcoin (TEL) currently are: KuCoin Uniswap Balancer 1inch Exchange Sushiswap Sushiswap (polygon) Quickswap (polygon) Bilaxy

Neutron is the most secure cross-chain smart-contracting platform. It combines the security of a top 10 blockchain by staked capitalization with bleeding-edge cross-chain infrastructure to enable DeFi applications to securely scale across a growing network of 51+ interconnected blockchains.

Where can you buy UMA?

The UMA token can be purchased at most major centralized currency exchanges including Binance and Coinbase, and DEXs like SushiSwap and Uniswap.

How is UMA’s optimistic oracle secured?

There are three actors in UMA’s Optimistic Oracle system: the contract requesting the data, the participant offering the data, and a potential disputant, who can dispute data if they disagree. If a dispute arises, UMA token holders resolve the dispute within 48 hours. If the disputer is right, they get a portion of the proposer's deposit as a reward; if the disputer is wrong, they lose their deposit as a penalty, a portion of which goes to the proposer. Voting in the oracle has three phases: open voting; voting confirmation/reveal; and rewards claim period. Rewards will compound as they are claimed. Claiming the rewards places the tokens in users’ wallets, making them active voting tokens that will increase the user’s voting power with each successful vote. UMA’s smart contracts are designed primarily for developers building decentralized applications. All UMA token owners can participate in UMA’s optimistic oracle. UMA’s token is built on Ethereum that can be held in wallets like Metamask, Trezor, or Ledger, which must be connected to the UMA voting Dapp to enable voting. All of UMA's oracle contracts have been audited by OpenZeppelin, in addition to the contracts for Across Protocol and Outcome's Optimistic Governor, Optimistic Distributor, and more.

How many UMA tokens are in circulation?

In September 2022, there was a supply of 108,858,567 UMA tokens with 68,947,415 in circulation. The UMA token has traded on major exchanges for years. The token provides economic guarantees to protocols using UMA’s OO. UMA’s community of token holders provide the human component, as voters, for the OO's final resolution on disputes or queries. Tokens are also used to vote on protocol upgrades and UMA DAO funds allocations. Active and accurate voters earn a yield for their participation.