SmartGo - {Daily Watchlist | 2022/12/1}
SmartGo - {Daily Watchlist | 2022/12/1}
Backgroud:
Today we have fetched serveral symbol from our SmartGo Platform and took research for each of them. We will share you Daily Watchlist you need to pay attentions recently.
SmartGo Watchlist:
1: BIFIBUSD
Beefy.Finance is a yield farming optimizer on Binance Smart Chain which automates investment strategies utilizing liquidity pools. The platform helps investors to interact with various yield farming opportunities, without having to constantly review and manually execute their investment strategy.
The platform is constantly exploring new methods to optimize strategies to secure the largest yields available
2: WAXPBUSD
WAX is a layer-1 network that aims to build an ecosystem for dApps, NFT collectibles and emerging play-to-earn games. The WAX protocol is a decentralized blockchain solution that powers the WAX marketplace, and focuses on the transfer and exchange of virtual goods and services.
WAXP is WAX's native utility token and is used in the following functions:
Transaction fees: Similar to other blockchains like Ethereum that require gas fees to operate, WAX requires “resources” such as CPU, NET and RAM. Users and dApp developers will need NET, CPU, and RAM to perform actions on the WAX Blockchain. Each WAXP token staked corresponds with a certain amount of NET, CPU, and RAM. While users stake WAXP for NET and CPU resources, RAM is bought and sold through the RAM market due to its limited supply. Users can manage these resources directly in the WAX Cloud Wallet. Alternatively, dApp developers can stake these resources or provide RAM on behalf of their users.
WAXP got high volume recently.
3: OCEANBUSD
Ocean Protocol is an ecosystem for the data economy and associated services.
Using Ocean software components, users can launch their own data marketplaces on Ocean, connected to the decentralized Ocean data sharing network.
Via these data marketplaces, data providers can monetize data while preserving privacy and control while data consumers can access data that they could not get before - private data.
Ocean taking partnership and active on twitter for now. the volume of Ocean also have sign to recover.
4: DFBUSD ⭐
dForce aims to build an integrated and interoperable open finance and monetary protocol ecosystem, with products including asset protocols, liquidity protocols, and more.
The DF token is the ERC-20 native utility token of the platform and is mainly used for the following:
Governance: DF token holders can vote on governance decisions and set protocol parameters.
Liquidity mining: liquidity providers on dForce are rewarded with DF tokens.
Payment: users are required to use the DF token to pay for various services provided by the platform, such as the generation of USDx, GOLDx, etc.
System stabilization: DF tokens are minted and auctioned to cover bad debts and recapitalize the platform.
dForce is active to promote 'dForce Optimistic Winter' Campaign on Twitter recently, and the Volume of DF on Binance is good, and based on Etherscan data, the transfer amount surge to 20.35M at Nov 30th.
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The content in this Article is for informational purposes only and you should not make investment decisions based solely on it. This episode is not investment advice. You need always to do your own research and take the responsibility on your own investment!
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