What are the Solana Ecological Quality Projects? Solana public chain token

Solana (SOL coin) can be referred to as a high-performance public chain. Founded by former engineers from Qualcomm, Intel, and Dropbox at the end of 2017, Solana is a single chain delegated proof of stake protocol that focuses on providing scalability without compromising decentralization or security. The core of Solana's extended solution is a decentralized clock called "Proof of History (PoH)", designed to solve the time problem in distributed networks where there is no single trusted time source. By using verifiable delay functionality, PoH allows each node to use SHA256 computation to generate timestamps locally. This eliminates the need to broadcast timestamps across the entire network, thereby improving overall network efficiency.

2.LUNA

Terra is an algorithmic stablecoin platform that runs on Proof of Stake (PoS) built using Tendermint, which is the underlying proof of stake blockchain. LUNA is Terra's platform token used for the issuance of stablecoins (TerraSDRs), price stabilization mechanisms, and network governance. Users can use LUNA tokens to exchange for TerraSDRs stablecoins, and vice versa. The price stability of such stablecoins is guaranteed.

3.RAY

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for decentralized exchanges (DEX). Raydium, as the AMM in Serum, has a first mover advantage and will become an integral part of introducing new and existing projects and protocols into the ecosystem.

4.ANC

Anchor Protocol proposes a novel deposit interest calculation model that can provide stable lending rates. In this mode, the interest rate calculation method is no longer based on "fund utilization rate", but highly correlated with the price trend of ETH. In the assumption of this model, once the price of ETH rises, the demand for long positions in the market will increase, and stablecoin borrowing will also increase accordingly. If the price of ETH falls, the demand for leverage in the market decreases, and coupled with the liquidation of ETH debt positions, stablecoin borrowing decreases accordingly.

5.MNGO

The goal of MangoMarkets is to create a decentralized trading platform that is trader and maker friendly. The initial core functions will be full chain margin trading based on limit order books and perpetual futures, which will be the main driving factors for centralized exchange revenue. Transferring them to DeFi is a crucial step for Money Lego to overcome the CeFi platform.

6.Coin98

Coin98 is a cross chain liquidity protocol with a full range of products, including Coin98 Wallet, Coin98 Exchange, and Coin98 Bridge. Coin98 Wallet is an unmanaged multi chain encrypted wallet and gateway built as a future multi chain infrastructure. This protocol provides users with a one-stop platform to access the decentralized finance (DeFi) ecosystem, such as decentralized exchanges, lending protocols, on chain governance (through snapshots), and blockchain based games. Users can also perform cross chain migration through a mobile app, supporting 22 networks including Ethereum, Binance Smart Chain, Solana, Avalanche, etc.

7.AUDIO

AudioCoin is a stable currency suitable for unstable industries, helping the music ecosystem. The music industry is filled with a mountain of problems and political influences, causing a significant imbalance in terms of fair revenue sharing and transparency. AudioCoin, as a fully decentralized currency, aims to address these inherent issues by opening up all applications and solutions.

8.OXY

Oxycoin is a blockchain mobile platform that integrates the financial sector, high security, and a powerful solution lineup, all of which are powered by the OxyCoin platform - O C. E.A.N provides support. OXY token has storage value and serves as a platform fuel, providing an increasing number of solutions for consumers, banks, and large enterprises. OXY is a plug and play O C. It can be used for trading on the E.A.N platform. The OXYCOIN mobile application will enable investors to directly purchase cryptocurrencies using FIAT (i.e. US dollars or euros).

9.CVC

The digital currency code for the Civic project is CVC. Civic is a decentralized identity ecosystem that allows on-demand secure and low-cost access through blockchain authentication. Through the digital identity platform, users can set up their own virtual identity and store it along with their personal identity information on the device. This information will be verified through the authentication process performed on the platform by the authenticator, and then ported to the blockchain where the service provider can access it with the user's appropriate permission.

10.COPE

COPE is a two-stage project. The first phase of COPE involves seeking to retrospectively identify and evaluate traders' weaknesses and failures based on their phone calls to the cryptocurrency market, and providing reports on this for self analysis. The second stage of COPE is an automated investment product, where users are allowed to trade on their behalf based on the COPE index.