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MEXC Hot Project: What is Waves crypto?


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With centralized order matching and decentralized settlement, Waves (WAVES) is a cryptocurrency platform for asset/custom token issuance, transfer, and trading on the Waves blockchain.

The platform emphasizes its user-friendliness by offering a straightforward, scalable, environmentally responsible, and open system. Waves offers incredibly quick services at incredibly low prices and builds connections to other ecosystems for simple interoperability.

Waves TVL is currently valued at $1.6 billion across the ecosystem, which includes initiatives like DeFi, GameFi, and NFT.

 

Neutrino is an open-source DeFi toolset that uses an algorithm to maintain asset prices. It makes it possible to create stablecoins that are linked to particular real-world assets, such currencies or commodities. Over $ 206 million was spent on Neutrino TVL.
Waves.

  • A platform for algorithmic trading and staking coins is an exchange.
  • Over $151 million is invested in Waves.Exchange TVL.
  • Swop.fi is a platform for fast cryptocurrency trading and revenue generation through liquidity.
  • Swop.fi TVL is more than $7,11,000,000.
  • A liquidity protocol called vres is used for lending and borrowing assets.
  • Over 1.2 billion dollars is the value of Vires TVL.

Waves is identical with its creator, scientist Alexander Ivanov, who is of Ukrainian descent (also known as Sasha Ivanov). Ivanov had already made a name for himself in the cryptocurrency world before launching Waves, having created the now-defunct quick exchange Coinomat and the indexing website Cooleindex. Additionally, he developed CoinoUSD, an early stablecoin linked to the dollar.

The Waves blockchain's native token is WAVES. In order to motivate block generators to build the ecosystem and the network infrastructure, transaction fees and block rewards are dispersed in waves. Having more WAVES increases your chance of adding the next block.

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