Add.xyz

by Add.xyz

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AION

by Nuco Inc.

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pTokens

by Provable Things

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Add.xyz

by Add.xyz

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AION

by Nuco Inc.

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pTokens

by Provable Things

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What problem does this service solve?

Add.xyz's goal is to provide greater access to decentralized financial services with a strong focus on privacy.AION is building a cross-chain platform to connect other blockchain platforms.pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability.

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Company Description

Add.xyz is full-stack DeFi aggregator that places a strong emphasis on privacy and security. Add.xyz provides users with a suite of DeFi services in one unified platform that is powered by the ADD token; including: lending, staking, coin blending and swapping. The platform has several off-chain and on-chain privacy mechanisms that are designed to increase anonymity and privacy for DeFi services. The Add.xyz protocol unifies several of the leading DeFi protocols and blockchain infrastructures. It enables communication between the different protocols to create and execute various financial transactions.

AION calls itself a 3rd generation blockchain network, and is primarily focused on connecting blockchain networks. AOIN aims to solve the interoperability issues facing the various blockchains, and be the connecting bridge between them. AION's cross-chain platform has different consensus mechanisms for interchain and on-chain transactions. The on-chain consensus mechanism combines BFT (Byzantine Fault Tolerance), dPoS (Delegated Proof-of-Stake) and a new neural network inspired verification algorithm known as Proof-of-Intelligence.
Interchain transactions are managed by bridges. The bridges has a consensus mechanism that is different from the main AION chain, and each bridge is secured by an individual consensus. The bridge validators will be rewarded by interchain transaction fees.

pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.

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