What is Coin98 (C98)?
Coin98 (C98) is an innovative platform focused on building an open infrastructure for financial services. It targets the development of an ecosystem comprising DeFi protocols, applications, and NFTs across a range of blockchains. As the native utility token, C98 plays a crucial role in various functionalities within this ecosystem.
Key Features of Coin98
Non-Custodial Wallet
One of the standout features of Coin98 is its non-custodial coin wallet. This wallet allows users to maintain full control over their assets while enjoying seamless usage for transactions, savings, and investments.
Multi-Liquidity Aggregator
Coin98 operates as a multi-liquidity aggregating exchange. This enables users to access a diverse range of liquidity pools from various networks, ensuring they can find the best rates for their swaps and trades.
Cross-Chain Bridge
The platform includes a cross-chain bridge that facilitates swapping and transferring assets across multiple networks. This feature aims to simplify cross-platform interactions, making it easier for users to navigate different blockchain ecosystems.
Utility of the C98 Token
The C98 token serves multiple purposes within the Coin98 ecosystem. Users can engage in ecosystem development, stake their tokens for potential rewards, participate in governance decisions, and enjoy unique membership rights that enhance their overall experience on the platform.
Future Developments
The Coin98 team has released a detailed roadmap outlining their plans for future enhancements. Key developments include the introduction of a new launchpad that will support the creation of a lending and borrowing platform, as well as a derivative marketplace and a dedicated NFT marketplace.
Mission of Coin98
Coin98 aims to address the untapped demand for efficient DeFi services. The platform is committed to enhancing user access to DeFi applications and providing tools that simplify financial transactions in the ever-evolving crypto landscape.
Relevant Links
Comments are closed.