Add.xyz

by Add.xyz

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Nervos Network

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pTokens

by Provable Things

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Add.xyz

by Add.xyz

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Nervos Network

by Nervos

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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.The Nervos Network's goal is to be multi-asset, store of value platform.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.

The Nervos Network is an open-source public blockchain ecosystem that is designed to secure multiple assets. Unlike other smart contract platforms that require users to pay transaction fees to help secure the underlying networks, the Nervos Network hopes to create an incentive system that will enable multiple assets to be secured regardless of their price volatility. It does this by capturing the total network value through its native coin the Nervos CKByte, which entitles holders to storage rights on the Nervos blockchain. The network uses a PoW consensus mechanism.

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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