The top five protocols that have shown signs of long-term progress on the Core chain.
Long-Term Utility Projects Building on Core Chain
Since launching on mainnet, the blockchain protocol has attracted many users and project developers interested in leveraging its capabilities. While the Core chain is still in the early stage of development, numerous platforms have started building valuable utilities for users.
Let’s take a look at the top five projects with core utilities building on the layer one blockchain:
LFGSwap is the leading Decentralized Exchange (DEX) on the Core chain. The platform provides users a product suite comprising Swapping, Farming, Non-Fungible Tokens (NFT), and more.
The protocol has been very active in its development on Core, which is evident on its official Twitter page.
ShadowSwap is another DEX on the Core chain, offering similar features as LFGSwap, including an NFT AMM marketplace plus a lending feature in the works.
The protocol utilizes Core’s blockchain capabilities to create an open and safe marketplace for traders, liquidity providers, and developers.
IceCreamSwap is another DEX building on the layer-1 blockchain. It is a multi-chain DEX that allows users to trade, earn, and bridge on Core, Bridgert, BNB Chain, Dogechain, Doken, Shardeum, and Fuse blockchain.
The protocol’s intuitive UI allows new and experienced traders to experience seamless trading on Core and other supported blockchains.
Crest Protocol is a unique platform offering decentralized identity on Core DAO. It is the first decentralized domain naming service on the Satoshi Plus blockchain that allows users to easily access decentralized services and applications.
The platform empowers communities and developers to create and manage their own domain names with top-notch security to access decentralized services. The protocol is still in the early stages of development and is one to watch.
Miidas NFT is an exclusive Non-fungible Token (NFT) marketplace for digital and real-world assets on Core. The protocol is the largest on the Core mainnet, offering projects the chance to launch their NFT collections to the Core ecosystem through its NFT launchpad.
BSCNews advises you to Do Your Own Research (DYOR) before utilizing or investing in any of these platforms.
What is Core DAO:
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.
Where to find Core DAO:
Source : bsc.news
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