Team and Founders 

Patryk Pusch – CEO & Founder
A leader with experience in crypto and gaming dating back to 2013. 

Artur Pszczółkowski – CMO & Co-Founder
Brings blockchain and global marketing expertise, managing international strategies for the team. 

Project Idea 

The main idea behind GamerHash is to harness the untapped potential of millions of consumer GPUs. By connecting these machines, the project aims to build the world’s largest distributed computing network and leverage this power to support innovations in artificial intelligence. Their vision is to turn every home computer into a source of passive income and create a future where AI is “powered by people.” 

How the Project Works 

• Staking: GHX tokens can be staked on Ethereum or Binance Smart Chain to earn rewards. 
• Liquidity Mining: LP tokens can be deposited into decentralized exchanges, earning both trading fees and extra rewards. 
• AI Workloads: Users can earn GHX by utilizing their GPU resources for AI applications. 
• Play&Earn: Gamers can complete in-game events and missions to receive GHX rewards. 

Governance 

GHX token holders have a say in some decision-making processes within the project. Staking and long-term holding encourage community governance and participation in the ecosystem. 

Applications 

The GamerHash ecosystem is built on three core applications and strong technological infrastructure that let users monetize their computing power: 

• GamerHash AI: A desktop app that connects GPU power to AI projects, rewarding users with GHX. Includes a free and anonymous text-to-image AI module. 
• GamerHash Miner: Enables CPU and GPU-based crypto mining. Earnings are converted to Bitcoin, with an easy-to-use interface requiring no technical expertise. 
• Play&Earn: Offers various missions with different reward levels, providing an additional income stream. 

Roadmap 

• 2017: Launch of GamerHash Miner App 
• 2019–2020: GHX token launch 
• 2023: GamerHash AI application, GPU-based AI workloads 

2025 Goals 

• AI video generation and custom model deployment 
• Expanding GHX integration with broader projects 
• Community growth and developer outreach 
• Improved UX in mobile and web applications 
• Increasing liquidity with Solana and Ethereum bridges 

Token Use Cases 

• Staking and liquidity mining 
• Payments in AI workloads 
• In-game rewards and Play&Earn activities 
• Ecosystem services and API access 

Token Information 

• Symbol: GHX 
• Max Supply: 808,000,000 GHX 
• Circulating Supply: 649,960,000 GHX 
• Market Cap: $43.78M 
• 24h Volume: $64.81M 

Tokenomics 

• Type: ERC-20 (Ethereum), BEP-20 (BNB Chain), SPL (Solana) 
• Burning: A portion of tokens has been burned for long-term stability 
• Allocation (Post-TGE): 
• Contributors: 36.6% 
• Team: 15% 
• Community & Game Mining: 5% 
• Foundation: 14% 
• Advisors: 4% 
• Ecosystem Fund: 12% 

Ecosystem & Features 

GamerHash is more than a single application – it consists of several major components: 

• GamerHash AI App: Main platform where users share computing power for GHX rewards 
• GamerHash Store: E-commerce platform with 600+ digital products, redeemable with earnings 
• Play&Earn: Missions and tasks that reward users with extra tokens 
• Staking & Liquidity Mining: Mechanisms for GHX holders to generate passive income 
• GamerHash XP (GHXP): A non-token reward system incentivizing active users 

Social Media & Links 

• Website
• Twitter
• Telegram
• Discord

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The platform serves as the liquidity hub within the Optimism ecosystem, providing liquidity providers with flexible trading and high efficiency. By locking VELO tokens, users receive veVELO NFTs, enabling them to vote on liquidity incentives and contribute to platform growth. It is a DeFi-focused AMM built on Web3 infrastructure with an NFT-based governance system. 

Team 

Velodrome Finance is managed by an anonymous team. Limited public information is available about the founders, though Alexander Cutler is a notable contributor. The project gained support from various communities and protocols at launch, with its strategic positioning on the Optimism network enhancing its ecosystem importance. 

Investors & Supporters 

Optimism Foundation: Largest strategic supporter, locking 35 million veVELO tokens to strengthen liquidity infrastructure. Provides multiple grants for open-source tool development and ecosystem growth. 

• Strategic Partnerships 

Frax Finance: Launch partner, early listing of $FRAX and $FXS pairs on Velodrome. 

Revest Finance (Resonate): Collaboration since September 2022, enabling LP positions tokenization as FNFTs and yield futures integration. 

Inverse Finance DAO: Deepened liquidity on Velodrome via “Velo Fed” and gained voting power with veVELO locking. 

• Protocol Partnerships 

Velodrome collaborates with numerous DeFi protocols within the Optimism ecosystem to provide capital-efficient liquidity and reinforce its role as the primary liquidity center. 

Project Concept 

Velodrome introduces innovative approaches to liquidity pools and swap mechanisms in DeFi. Combining the strengths of Curve, Convex, and Uniswap, it aims to offer users efficient token swaps and high-yield liquidity provision. 

How It Works 

Velodrome is based on two main tokens: VELO and veVELO. 

1. Liquidity Pools: Users provide liquidity by depositing tokens into pools, earning transaction fees and VELO emissions. 
2. veVELO (Governance Token): Obtained by locking VELO tokens, veVELO NFTs give holders voting rights on which pools receive more token emissions, directing liquidity where it’s most needed. 
3. Transaction Routing: Utilizes Optimism Layer-2’s low fees and high speeds for fast and economical user experience. 

Roadmap & Key Milestones 

• Launch (June 2022): Velodrome Finance officially launched on June 2, 2022. 
• Security Audits (2023): Underwent comprehensive audits by Spearbit in February and May 2023. 
• Velodrome V2 (June 2023): Released on June 22, 2023, adding concentrated liquidity, dynamic fees, and emission rates to enhance efficiency and user experience. 
• Upcoming 2025 Features: SoFinQ Trading Competition, Transact Cloud Integration, Profit Sharing, Tron Chain & Wallet Integration, B2B Crypto Partnership, Airline Industry Integration, New PayFi powered by AI. 
• Future Projects: AI Agent, PLG Token Listing, Yield Stable Coin Support, XRPL & Solana Chain Integration, Multi-Chain Wallet, Redesigned Web App, Trader Network Expansion, PayFai Infrastructure Expansion. 

What is the VELO Token? 

VELO is the native utility token of Velodrome Finance, operating on the Optimism network. It plays a vital role in liquidity mining, governance, and incentive mechanisms within the DeFi ecosystem. 

• Liquidity Mining: Users earn VELO rewards by providing liquidity to pools. 
• Governance: VELO holders can lock tokens to obtain veVELO governance NFTs, enabling participation in key protocol decisions. 
• Incentives & Ecosystem Support: VELO tokens are used to boost pool efficiency and fund grants for developers and partners. 

Token Details 

• Network: Optimism (Layer 2 Ethereum solution) 
• Total Supply: 2.17 billion (may be inflationary) 
• Circulating Supply: Approx. 915 million (variable) 
• Uses: Liquidity rewards, governance voting, protocol incentives 

Token Distribution (Total Supply: 400M VELO) 

• Community – 240M (60%) 
• $WEVE holders: 108M (27%) 
• Optimism users: 72M (18%) 
• Cross-chain DeFi users (Curve, Convex, Treasure DAO, Platypus, Redacted Cartel, Eminence Finance): 60M (15%) 
• Partner Protocols – 96M (24%) distributed via grants and partnerships to 10–15 strategic protocols 
• Velodrome Foundation – 40M (10%) fully locked as veVELO, earning 3% of emissions 
• Optimism – 20M (5%) locked as veVELO, given for ecosystem support 
• Genesis Liquidity Pools – 4M (1%) initially allocated to VELO–USDC pool at launch 

Ecosystem 

• Next-gen AMM combining Curve, Convex, and Uniswap strengths 
• Focused on Optimism network as primary liquidity hub 
• Incentives for liquidity providers (LPs) with VELO rewards 
• Community-driven governance via veVELO NFTs 
• Capital-efficient liquidity distribution to foster ecosystem growth 

Official Links

• Website 
• Twitter
• Medium 
• Discord 

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Team and Investors 

Balancer’s founding team consists of experienced names from the tech and finance sectors. The project gained early support from prominent investors and partners. 

• Founder: Fernando Martinelli 
• Mike McDonald: Co-founder and CTO of Balancer 

Key Investors and Partners: 

Investors: Major crypto funds such as Pantera Capital, Alameda Research, and Blockchain Capital have invested in Balancer, signaling strong confidence in the project. 

Strategic Partners: Integrations with DeFi giants like Aave and Gnosis Protocol enabled innovative features such as “Boosted Pools.” Balancer is also integrated with chains like Polygon zkEVM, Avalanche, and Base, strengthening its multichain strategy and broadening its user base. 

Project Vision 

Balancer’s core idea is to bring flexibility and customization to liquidity pools in decentralized finance (DeFi). Unlike traditional AMMs, Balancer allows for pools with unequal token ratios, offering broader use cases. This enables users to build diversified portfolios and perform more efficient swaps. 

How the Project Works 

• The protocol is based on a system of pools where users can act as liquidity providers (LPs) and perform token swaps. 
• Pools: Smart contracts combining multiple tokens. These pools range from fixed-weight to dynamic-fee types. 
• Routers: Interfaces that simplify complex interactions with the Vault, making the user experience more accessible. 
• Vault: The central component that manages all token and liquidity activities. All pools operate on top of the Vault. 

Roadmap 

Balancer’s roadmap emphasizes continuous innovation. The launch of V3 is a key milestone. Future plans include: 

• More network integrations 
• New pool types 
• Enhanced decentralized governance 

Past Milestones: 

2020: Balancer launched and introduced weighted pools, allowing for flexible token ratios beyond the standard 50/50. 

2021: Balancer V2 released with a single-vault architecture, lower gas fees, flexible pool types, and oracle integration. 

2024 & Beyond: Balancer V3 introduced a modular structure with developer-friendly features like hooks and customizable pools. 

Ecosystem 

The Balancer ecosystem hosts a variety of projects and products built on the protocol. 

Gyroscope and Xave: Developed custom pool types leveraging Balancer’s flexible architecture. 

veBAL: Represents locked BAL tokens, granting increased rewards and governance power to participants, supporting decentralization. 

What Is the BAL Token? 

BAL is the governance token of the Balancer protocol, giving holders the right to vote on protocol decisions. veBAL holders have increased voting power. 

BAL Token Distribution: 

• Liquidity Providers: Earn BAL based on emission schedules and veBAL voting. 
• Founders, Advisors, and Investors: 25 million tokens allocated with vesting schedules. 
• Ecosystem Fund: 5 million tokens for ecosystem growth and partnerships. 
• Balancer Labs Fund: 5 million tokens to support operations and development. 

Token Info: 

• Total Supply: 69.32M BAL 
• Max Supply: 96.15M BAL 
• Circulating Supply: 66.66M BAL 

BAL Token: Liquidity Mining & Governance 

BAL is a Proof-of-Stake (PoS) token distributed through liquidity provision and governance participation—not traditional mining. The protocol rewards users for contributing liquidity instead of computational power. 

Ways to Earn BAL: 

• Liquidity Provision: Users earn BAL by depositing assets into Balancer pools, offering passive income and supporting liquidity depth. 
• Governance Participation: BAL holders can vote on key protocol decisions, actively shaping the future of Balancer. 

What Makes Balancer Unique? 

Customizable Liquidity Pools: Users can create pools with any token ratio, offering flexibility compared to traditional AMMs. 

Ecosystem Incentives: BAL rewards attract liquidity providers and strengthen long-term protocol growth, while promoting decentralization through governance participation. 

Official Links 

• Website
• Twitter
• Medium
• Discord

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The post What Is Balancer (BAL)? A Flexible AMM Protocol Explained appeared first on Coin Engineer.

Curve DAO Token (CRV) is the native governance and incentive token of Curve Finance, a leading decentralized exchange (DEX) in the decentralized finance (DeFi) ecosystem. Curve Finance is an Ethereum-based Automated Market Maker (AMM) protocol launched in January 2020. It is optimized to enable efficient swaps between similarly priced assets, such as stablecoins (USDT, USDC, DAI) and tokenized Bitcoin assets (WBTC, renBTC), with very low slippage and minimal fees. 

The CRV token allows users to participate in governance votes. It is also a core part of the incentive mechanism for liquidity providers. By locking CRV into veCRV, users gain long-term governance power and boosted rewards. 

How Did the Curve Project Start? (Founding Team) 

Curve Finance was founded in January 2020 by Russian scientist and entrepreneur Michael Egorov. Egorov, who also co-founded and served as CTO of NuCypher, has extensive experience in cryptography and software engineering. Curve quickly rose to prominence in DeFi by specializing in stablecoin swaps and integrating with other projects like Aave, Yearn, and Convex. 

The CRV token was launched in August 2020 to enable decentralized governance of the protocol, marking the start of Curve’s transition from a simple trading platform to a community-driven ecosystem. 

Curve DAO and Governance 

• DAO Framework: Curve DAO is a decentralized organization built on Aragon infrastructure. 
• Voting and Proposals: CRV holders vote on protocol changes such as pool parameters, incentive policies, and new pool additions. 
• veCRV Model: CRV tokens are locked to gain governance power. Tokens can be locked for up to 4 years, with longer locks granting more voting power and incentives. 
• Incentive for Long-Term Participation: This system encourages long-term commitment and powers the “Curve Wars,” where other protocols compete for veCRV control. 
• Voting Cycles: Proposals typically have a 7-day voting period and cover gauge allocations, protocol upgrades, and more. 
• Emergency DAO: A 9-member Emergency DAO can disable pools to prevent fund loss, with a 24-hour proposal window for swift response. 

CRV Tokenomics and Vesting 

• The total CRV supply is capped at 3.03 billion tokens, protecting it from long-term inflation. 
• Locked CRV tokens (veCRV) cannot be transferred or delegated. 
• Convex Finance offers an alternative to locking by allowing users to gain voting and reward boosts without directly locking CRV. 

Token Allocation: 

• Liquidity Provider Incentives: 57% (~1.72 billion CRV) 
• Core Team: 26.5% (~800.96 million CRV) 
• Community Reserve: 5% (~151.52 million CRV) 
• Investors: 3.6% (~108.13 million CRV) 
• Employees: 3% (~90.91 million CRV) 
• Pre-Launch Liquidity Providers: 5% (~151.52 million CRV) 

Vesting Details:
Core team and investor tokens are vested over 2 to 4 years. Employees have a 2-year schedule, and early liquidity providers are subject to a 1-year vesting. This linear process aims to reduce market shocks and support token stability. 

Annual Emissions:
Annual CRV emissions declined from 274 million in 2020 to ~137–162.7 million in 2024, lowering inflation from 20% to around 6%, contributing to long-term sustainability. 

Curve Ecosystem 

• Curve is more than just a DEX—it’s a foundational liquidity layer for many DeFi applications. Its AMM supports various DeFi protocols: 
• Convex Finance: Allows CRV staking and optimization. Offers CVXCRV, a liquid alternative to veCRV. 
• Yearn Finance: Uses CRV yield farming strategies to optimize returns. 
• Frax, Lido, Aave, StakeDAO: Use Curve pools for liquidity and yield generation. 
• RenVM: Enables yield farming and efficient swaps between BTC and wBTC. 
• Elixir: Partners with Curve to bring BlackRock’s on-chain fund BUIDL into DeFi, allowing users to mint deUSD and trade on Curve. 
• TON (The Open Network): Integrates Curve’s CFMM to improve stablecoin swaps on TON. 
• veCRV dynamics continue to support liquidity depth and active governance by rewarding long-term user participation. 

CRV Roadmap 

Though not structured like a traditional corporate roadmap, Curve’s development is driven by community governance and strategic integrations. 

Key Milestones: 

• 2019: StableSwap whitepaper (Nov 2019) 
• 2020: Platform launch (Jan), CRV announcement (May), CRV launch (Aug) 
• 2021: Curve v2 whitepaper (June), multi-chain factory pools (Sep) 
• 2022: v2 factory pools official launch (Jan), crvUSD whitepaper (Oct) 
• 2023: crvUSD contracts deployed on Ethereum mainnet (May) 

Future Outlook: 

• Cross-Chain Expansion: Deployed on Ethereum, zkSync, Arbitrum, Optimism, Polygon, Moonbeam (Polkadot), expanding user base and lowering fees. 
• Stablecoin Strategy: Launch of native crvUSD enhances ecosystem functionality. 
• AMM Optimization: Algorithm updates will improve capital efficiency. 
• Security Audits: Regular code reviews and security upgrades boost protocol resilience. 
• Partnerships: Integration with leading DeFi and CeFi players continues to expand Curve’s reach. 

Major Investors 

Curve is backed by top DeFi investors such as Andreessen Horowitz (a16z Crypto), Polychain Capital, Paradigm, Dragonfly Capital, Placeholder, and Framework Ventures. The now-defunct Three Arrows Capital (3AC) was also among its early backers. 

Social Media and Community 

• Website
• Twitter
• Discord
• Telegram

The post What is Curve DAO Token (CRV)? Explore Curve’s Role in DeFi appeared first on Coin Engineer.

1INCH Network is a leading decentralized exchange (DEX) aggregator platform in the decentralized finance (DeFi) space. It offers users the best prices and low transaction fees from over 116 decentralized exchanges across multiple blockchains. It operates on Ethereum, Binance Smart Chain (BNB Chain), Polygon, and Solana networks. 1inch collects data from various liquidity pools to execute swap transactions in the most efficient way. 

Decentralized exchanges allow users to trade crypto assets without intermediaries. However, prices and fees vary across exchanges. 1inch eliminates this complexity by using advanced algorithms to find the best prices and minimal gas fees. 

Who Are the Founders? 

1inch Network was founded in 2019 by Russian developers Sergej Kunz and Anton Bukov at the ETHGlobal New York hackathon. Leveraging their expertise in DeFi and smart contracts, they developed arbitrage bots and grew the platform. In 2020, the project became a non-profit organization managed by the 1inch Network Foundation. Today, 1inch leads the DeFi ecosystem in technology and security. 

How Does It Work? 

1INCH uses its proprietary algorithm called Pathfinder, splitting transactions across multiple DEXs to find the best price. When you select tokens to swap, 1inch optimizes for the best price and lowest fees. The platform supports ERC-20, ERC-721, ERC-1155, and BEP-20 tokens. 

You can perform transactions in standard, fast, or instant modes. Also, limit orders enable automatic trades at your target price. Liquidity providers earn rewards by staking funds on the platform. 

Ecosystem and Security 

1INCH aggregates over 116 DEXs and liquidity pools on Ethereum, BNB Chain, Polygon, and Solana, offering users best prices and low fees. 

Security is a priority for 1inch. Its code is regularly audited by renowned firms like OpenZeppelin, CertiK, ConsenSys Diligence, and SlowMist. The platform employs advanced protections against front-running attacks. 

The 1INCH ecosystem includes: 

• 1inch Aggregation Protocol: Gathers liquidity from multiple DEXs across blockchains like Ethereum, BNB Chain, Polygon, and Solana using Pathfinder to provide optimal swap rates and low fees. 
• 1inch Liquidity Protocol: A next-generation automated market maker (AMM) designed for capital efficiency and better use of liquidity. 
• 1inch DAO: Decentralized governance body where 1INCH token holders vote on protocol decisions. 
• 1inch Foundation: Non-profit entity supporting the network’s growth with grants and financial support. 
• 1inch Labs: Open-source protocol development team managing ongoing innovation and updates. 

Ecosystem Products Details 

1INCH Network offers various innovative DeFi products beyond DEX aggregation: 

• DEX Aggregator: Aggregates over 116 DEXs for best prices and low fees using Pathfinder. 
• Limit Order Engine: Executes automatic trades at user-set prices. 
• Fusion+ and CHI Gas Token: Optimize Ethereum gas fees using CHI token. 
• Liquidity Pools and Farming: Offers fees and 1INCH token rewards to liquidity providers. 
• 1inch Wallet: Decentralized wallet for secure asset management. 
• DAO and Governance: Enables 1INCH holders to participate in governance. 

1INCH Network bridges DeFi and traditional finance by launching a Web3 debit card in partnership with Mastercard and Baanx. This card lets users convert crypto in their 1inch Wallets into fiat for everyday spending. 

Key Features of the 1inch Card: 

Versatile Use: Available as physical and virtual cards for online shopping, contactless payments, and ATM withdrawals worldwide where Mastercard is accepted. 

• Instant Conversion: Crypto assets convert to fiat instantly at payment, ensuring fast and secure transactions with user control. 
• Bridge Between Web2 and Web3: Enables DeFi users to use crypto in traditional payment systems, promoting broader crypto adoption. 
• Availability: Initially launched in the UK and European Economic Area (EEA), with a waitlist for users. 

Token Use and Investors 

The 1INCH token is designed for platform governance and development, not just investment. Token holders vote in the DAO, contribute to network security, and earn liquidity mining rewards. 

1INCH raised $14.8 million over four funding rounds. Key investors include Pantera Capital, Binance Labs, and Galaxy Digital. In December 2021, a $175 million Series B led by Amber Group was completed, with participants like Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, and Gemini Frontier Fund. 

1inch How to Use? 

To use 1INCH, connect an Ethereum-compatible wallet (MetaMask, Ledger, Trust Wallet, etc.), select token pairs to trade, and let the platform optimize for best prices and lowest fees. Confirm the swap to complete. 

Previously, CHI token was used to optimize gas fees, but now Fusion mode offers gasless transaction options. Limit orders allow automatic trading at target prices. 

Token Features and Market Data 

1INCH is an ERC-20 governance and utility token of the 1inch Network. Holders have a say in platform management and use it for transaction fees and staking. 

• Total Supply: 1.5 billion 1INCH 
• Circulating Supply: Approximately 1.39 billion 

1inch Token distribution: 

• 30% Community incentives 
• 22.5% Core team and contributors 
• 18.5% Supporters 
• 14.5% Network growth fund 
• 12.2% Secondary supporters 
• 2.3% Small supporters 
• Core Token Functions 

1. Utility: Used in Fusion mode for transaction prioritization and protocol access, showing token’s platform value. 
2. Governance: Used to manage all current and future protocols of 1inch Network, allowing holders to influence development and settings. 
3. Multi-chain: Available on Ethereum and BNB Chain via a bridge without additional minting, enhancing accessibility across blockchains. 

Social Media and Communities 

• • Website
  • Telegram
  • Twitter
  • Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is 1inch Network (1INCH)?  appeared first on Coin Engineer.