Following COMP many other DeFi functions launched governance tokens during the summer of 2020. Yearn.finance, an utility that mechanically invests user’s funds into the highest yielding decentralized lending markets, launched the YFI governance token in mid-July. YFI was launched by way of incentivized liquidity swimming pools which has develop into a well-liked manner of launching DeFi tokens. YFI reached a market cap of over $1B by the end of August.

Screensaver is the first digital marketplace built on the Ethereum Layer 2 chain Polygon. The advantage of Polygon is that price of minting and bidding is just about nothing. For these involved in regards to the environmental affect of Ethereum’s current PoW (proof-of-work) system, Polygon runs on PoS (proof-of-stake) which uses a lot much less power than the Ethereum mainnet. Screensaver’s interface may be very dApp-y, which may be intimidating if you are new to DeFi and web3.

The Postal Service has thought-about digital voting before, however centered its consideration on those that can’t easily vote, akin to troopers and other people with disabilities. This was a sensible exercise that could have applied to a large swath of voters, not just a small group that can’t realistically use mail or in-person balloting.

Treasure Chess is a place for https://gusevblog.ru/ chess and crypto fans to show their games into unique «Treasures» to collect, share, commerce, and promote. You possibly can mint any of the games you played on Chess.com into a Treasure, which will then exist as an NFT (Non-Fungible Token) on the Polygon Network.