There are 10 tokens in the Solana ecosystem that are considered to have 100 times the potential of coins, namely Raydium (RAY), STEPN (GMT), Serum (SRM), Orca (ORCA), Solend (SLND), Mango (MNGO) ), Larix (LARIX), Star Atlas (ATLAS), Oxygen (OXY) and Phantom (FTM).
Hundred Coin in Sol Coin Ecosystem
The Solana ecosystem is known for its high performance and low transaction fees, attracting Development and deployment of numerous projects. Among them, several tokens are considered to have the potential of hundreds of times the currency.
1. Raydium (RAY)
Raydium is the leading decentralized exchange (DEX) on Solana, allowing users to trade tokens without an intermediary . RAY tokens are used to pay transaction fees, provide liquidity and participate in governance.
2. STEPN (GMT)
STEPN is a Solana-based mobile app that encourages users to walk or run to earn money. The GMT token is the platform’s native token and is used to reward users, purchase in-game assets, and governance.
3. Serum (SRM)
Serum is also a DEX on Solana and is known for its unique order book design and high throughput. SRM tokens are used to pay transaction fees, staking, and participate in governance.
4. Orca (ORCA)
Orca is another Solana DEX focused on ease of use and liquidity. ORCA tokens are used to pay transaction fees, vote on governance proposals, and earn staking rewards.
5. Solend (SLND)
Solend is a Solana lending protocol that allows users to lend or borrow tokens. SLND tokens are used to pay interest, stake and participate in governance.
6. Mango (MNGO)
Mango is a perpetual contract trading platform on Solana. MNGO tokens are used to pay transaction fees, provide liquidity and participate in governance.
7. Larix (LARIX)
Larix is a Solana NFT marketplace that allows users to buy, sell, and manage NFTs. LARIX tokens are used to pay transaction fees, mint NFTs, and participate in governance.
8. Star Atlas (ATLAS)
Star Atlas is a metaverse game based on Solana where players explore, build, and fight each other. The ATLAS token is the game’s native token and is used to purchase assets, pay transaction fees, and participate in governance.
9. Oxygen (OXY)
Oxygen is a Solana infrastructure project that provides data storage, computing and network services. OXY tokens are used to pay service fees, stake and participate in governance.
10. Phantom (FTM)
Phantom is a Solana wallet application that allows users to store tokens, interact with dApps, and trade NFTs. FTM tokens are used to pay transaction fees, provide liquidity and participate in governance.
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