Logo Coin98 C98

0.69 +0.88%

What is Coin98?

C98 is an all-in-one decentralised finance (DeFi) solutions to the current blockchain ecosystem. With the current rise of cryptocurrencies, more and more investments have been poured into DeFi. However, due to the nature of decentralisations, many DeFi platforms are detached amongst each other due to different blockchains and protocols. DeFi projects on Ethereum cannot interoperate directly with DeFi projects in Solana or Binance. C98 aims to solve this problem by creating an all-in-one DeFi platform that connects various blockchains. The DeFi projects within C98 include lending, borrowing, yield farming, staking, derivatives and NFT marketplace. 

C98 token is the native token in the ecosystem. It is utilised in three blockchains: Ethereum, BSC and Solana. There are many use-case of C98 which includes platform service fees, staking incentives, governance and membership. Users are required to pay a small fee in C98 for each transactions in the C98 Exchange. Liquidity providers are incentivised with C98. Holders will be able to vote proposals regarding C98 Exchange. C98 token holders will also be able to access different tiered benefits which include premium events and launchpad based on the amount of C98 that they hold. There is a market cap of 1 billion C98 tokens with 185 million in circulation. 50 millions are in ETH blockchain (ERC-20), 100 millions in Binance Smart Chain (BEP-20) and 35 millions in Solana (SPL).

Coin98 Project Investors ($16.5M)

Hashed, ParaFi Capital, Multicoin Capital, The Spartan Group, GBV Capital, CoinGecko, Kyber Network, IOSG Ventures.

Footnote: [NS]

Signals (Beta):  [Crash Level 5]  [Sharpe Ratio -0.13]