The Exchanges category covers all crypto exchanges including both centralized exchanges like Binance or Coinbase and decentralized exchanges like Uniswap or Quickswap.

Exchanges

A Verifier is any web2 or web3 platform that wants to authenticate users based on their Credentials.  
  
Verifiers can set up queries based on users’ existing Credentials collected from a broad set of Issuers. A Query encapsulates the criteria that a user must match to authenticate, such as “must be a member of XYZ DAO” or “must be over 18 years old”. Polygon ID provides a seamless, customized![image](https://ipfs.everipedia.org/ipfs/QmPQY4zbe2Gf8yQvpZBgBRqpwbreddv84DViHa5P8pDMss) and privacy-based authentication experience to users.  
  
The request of the Verifier is designed using our fully expressive zk Query Language and encapsulated into a QR code (or via deep linking) to be shown to the user. The user scans the QR code with its Wallet to prompt the proof generation.  
  
The verification process doesn’t involve any interaction between the Verifier and the Issuer of the requested credential. As part of the Query, the Verifier includes the identifiers of the trusted issuers. For example, a Verifier should add XYZ DAO as the only trusted Issuer when verifying that an individual is a member of XYZ DAO. The XYZ DAO doesn’t need to accept nor interact with the Verifier.  
  
At the end of the process, the verifier gets cryptographic proof that the user satisfies the query, while the user shares just the minimum possible amount of data required for the interaction.[\[1\]](#cite-id-mre05tdoje)![image](https://ipfs.everipedia.org/ipfs/QmYFUqqNC4X87XFqLaBCTQUc9aGbzdiymufKDzh93W6dKv)

testestest

**SushiSwap** [wiki](https://alpha.everipedia.org/wiki/wiki-test) is a decentralized exchange (or DEX, for short), and the first product by Sushi. SushiSwap is also non-custodial, which means that—unlike centralized exchanges—SushiSwap does not need to possess your tokens in order for you to be able to trade them. Instead, SushiSwap allows users to trade trustfully, peer-to-peer, with liquidity that is supplied by other users. This means that new projects can easily connect to their desired markets as long as some entity is willing to provide the liquidity. [\[1\]](#cite-id-mepv7wjr2h)  
  
# Background  
  
The two functions that SUSHI has are: entitling holders to governance rights and a portion of the fees paid to the protocol. In a simplified way, SUSHI holders own the protocol.()  
  
It was forked from Uniswap and created by the pseudonymous Chef Nomi (SushiSwap). Within three days of its announcement, SushiSwap accumulated over 1 billion worth of value locked into the protocol.  
  
As of September 1, 2020, SushiSwap is an unaudited project and September 3, [PeckShield](https://alpha.everipedia.org/wiki/same-name-wiki-g) just completed the SushiSwap audit with all identified issues confirmed or fixed.  
  
In December of 2020, SushiSwap announced a merger with yEarn. This follows high profiles collaborations between yEarn and other protocols like COVER Protocol, Pickle Finance, Cream Finance, Akropolis, and others. yEarn is creating an xSushi vault to farm SUSHI, Ether (ETH), YFI, and Wrapped BTC (wBTC). Keep3r Network will add its treasury to SushiSwap. COVER Protocol is adding insurance for SushiSwap liquidity pools through their system of CLAIM tokens and Cream Finance will provide liquidity and add SushiSwap Liquidity pool tokens as collateral for lending.  
  
### Governance  
  
Sushi's community can explore and discuss ideas on the official forum. Anyone can create a proposal regarding Sushi. Proposals are not limited in their content; the community can propose to change anything they see fit. The proposals which [generate](https://alpha.everipedia.org/wiki/media-youtube-test-1) major community interest are then pushed to vote after the core team has reviewed them. The resulting decision is binding for all involved.  
  
Major structural changes to the protocol and the use of the dev fund wallet are voted on by the community. Enacting transaction regarding the dev fund requires at least 6 out of 9 signatures from the multi-signature members.  
Lesser changes and operational duties can be enacted by 3 out of 7 signatures from the operational multi-signature members.[\[1\]](#cite-id-mepv7wjr2h)  
  
#### Controversy  
  
Around early September, Chef Nomi acquired access to $27 million in Sushi tokens. The amount held by the lead in the company became mildly worrisome, as many had questions regarding why they held full access to this amount. Chef Nomi, in a Discord statement  
  
> In theory I can sell all of them, but I don't see anything wrong with it. It's the devshare and it's [been] specified in there since the beginning. It's not like I'm hiding that or anything. I will also spend for 2 audits. I will spend for the grants I just published a few hours ago.  
  
A few days after this statement was made, SUSHI had suffered a loss in price per token due to Chef Nomi's mass selloff of around $13 million in dev funds. Many were suspecting that this was an exit scam from the creator, despite them denying that that was the case, and stating that they deserved the dev fund for creating the project. People in the DeFi space were not very pleased with the lack of transparency from SUSHI leaders. Many critics, including yEarn creator Andre Cronje, expressed his criticism towards the action, stating:  
  
> All you did so far was hand over a token that was built off of Uniswap Protocol. Weren't the funds meant to further develop? Aren't you that developer?  
> In addition to the selloff, the SushiSwap contract was officially transferred to Sam Bankman-Fried, after Chef Nomi gave it up. They were the sole owner of the contract prior to this exchange.  
  
On September 11, 2020, Chef Nomi returned $14 million in funds to the SushiSwap community. Additionally, they apologized to the community for their actions. In a statement, they explained  
  
> I have returned all the $14M worth of ETH back to the treasury. And I will let the community decide how much I deserve as the original creator of SushiSwap. In any currency (ETH/SUSHI). With any lockup schedule you wish.  
  
They added that they would continue to support the project 'behind the scenes'. Meaning, they are going to continue working on the project's development.  
  
* SushiSwap (SUSHI) is an audited Decentralized Exchange (DEX) and DeFi (Decentralized Finance) protocol described as "Uniswap meets Yield Farming" with SUSHI tokenomics. The protocol's native token SUSHI is used to govern the platform. SUSHI holders also receive a portion of the trading fees on SushiSwap.

SushiSwap (SUSHI) is an audited Decentralized Exchange and the first product by Sushi

SushiSwap

Debitis sed mollitia qui ipsum. Architecto id consequatur cupiditate. Hic minus minima consequatur minus architecto labore quis sapiente quis. Pariatur quo et numquam iusto dolorum aut blanditiis. Et voluptatum qui quia. Est illo hic autem reprehenderit rerum. Consequatur eum itaque. Molestias praesentium non commodi perspiciatis consequuntur omnis. Est sunt dolores laborum aliquam quas laborum reprehenderit doloribus itaque. Neque odio nihil velit necessitatibus pariatur excepturi impedit excepturi. Et ut autem eum.  
Debitis sed mollitia qui ipsum. Architecto id consequatur cupiditate. Hic minus minima consequatur minus architecto labore quis sapiente quis. Pariatur quo et numquam iusto dolorum aut blanditiis. Et voluptatum qui quia. Est illo hic autem reprehenderit rerum. Consequatur eum itaque. Molestias praesentium non commodi perspiciatis consequuntur omnis. Est sunt dolores laborum aliquam quas laborum reprehenderit doloribus itaque. Neque odio nihil velit necessitatibus pariatur excepturi impedit excepturi. Et ut autem eum.Debitis sed mollitia qui ipsum. Architecto id consequatur cupiditate. Hic minus minima consequatur minus architecto labore quis sapiente quis. Pariatur quo et numquam iusto dolorum aut blanditiis. Et voluptatum qui quia. Est illo hic autem reprehenderit rerum. Consequatur eum itaque. Molestias praesentium non commodi perspiciatis consequuntur omnis. Est sunt dolores laborum aliquam quas laborum reprehenderit doloribus itaque. Neque odio nihil velit necessitatibus pariatur excepturi impedit excepturi. Et ut autem eum.Debitis sed mollitia qui ipsum. Architecto id consequatur cupiditate. Hic minus minima consequatur minus architecto labore quis sapiente quis. Pariatur quo et numquam iusto dolorum aut blanditiis. Et voluptatum qui quia. Est illo hic autem reprehenderit rerum. Consequatur eum itaque. Molestias praesentium non commodi perspiciatis consequuntur omnis. Est sunt dolores laborum aliquam quas laborum reprehenderit doloribus itaque. Neque odio nihil velit necessitatibus pariatur excepturi impedit excepturi. Et ut autem eum.Debitis sed mollitia qui ipsum. Architecto id consequatur cupiditate. Hic minus minima consequatur minus architecto labore quis sapiente quis. Pariatur quo et numquam iusto dolorum aut blanditiis. Et voluptatum qui quia. Est illo hic autem reprehenderit rerum. Consequatur eum itaque. Molestias praesentium non commodi perspiciatis consequuntur omnis. Est sunt dolores laborum aliquam quas laborum reprehenderit doloribus itaque. Neque odio nihil velit necessitatibus pariatur excepturi impedit excepturi. Et ut autem eum.

Harum maiores deserunt aut maiores quidem optio repellat itaque qui.

Trees

# Eum repudiandae  
  
modi nam. Ipsa magni deserunt dicta. Dolore ipsum numquam est. Rem praesentium enim saepe dolor autem repudiandae nulla quaerat.  
Architecto dolorum porro doloremque delectus error maiores ipsum. Quas tenetur laborum libero autem officia quo laudantium aliquam ratione. Voluptates dolorum fugiat illum labore ex. Ullam beatae fugit iste amet rem necessitatibus reiciendis nostrum.  
Exercitationem excepturi dolorum reprehenderit sequi nostrum eveniet ad. Quis omnis magni molestiae sit commodi tempore aliquam.   
  
# Rerum laborum nobis.   
  
Tenetur rem sint molestiae ex architecto. Modi ad ex dolore.Eum repudiandae modi nam. Ipsa magni deserunt dicta. Dolore ipsum numquam est. Rem praesentium enim saepe dolor autem repudiandae nulla quaerat.  
  
## Architecto dolorum porro   
  
doloremque delectus error maiores ipsum. Quas tenetur laborum libero autem officia quo laudantium aliquam ratione. Voluptates dolorum fugiat illum labore ex. Ullam beatae fugit iste amet rem necessitatibus reiciendis nostrum.  
Exercitationem excepturi dolorum reprehenderit sequi nostrum eveniet ad. Quis omnis magni molestiae sit commodi tempore aliquam. Rerum laborum nobis. Tenetur rem sint molestiae ex architecto. Modi ad ex dolore.Eum repudiandae modi nam.   
  
## Ipsa magni deserunt dicta.   
  
Dolore ipsum numquam est. Rem praesentium enim saepe dolor autem repudiandae nulla quaerat.  
Architecto dolorum porro doloremque delectus error maiores ipsum. Quas tenetur laborum libero autem officia quo laudantium aliquam ratione. Voluptates dolorum fugiat illum labore ex. Ullam beatae fugit iste amet rem necessitatibus reiciendis nostrum.  
Exercitationem excepturi dolorum reprehenderit sequi nostrum eveniet ad. Quis omnis magni molestiae sit commodi tempore aliquam. Rerum laborum nobis. Tenetur rem sint molestiae ex architecto. Modi ad ex dolore.  
  


Dignissimos tenetur perspiciatis facilis repellendus voluptatem molestiae placeat repudiandae non.

After RTK Version bump

 Officia anim Lorem labore id aliquip enim enim magna est nisi veniam laborum et fugiat.

media-youtube-test

interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange

interchangeee

interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange 

interchangeably

**Lorem Ipsum** is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.  
**Lorem Ipsum** is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.  
**Lorem Ipsum** is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.  
**Lorem Ipsum** is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. 

interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange **interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange** interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange interchange **interchange interchange**

interchange

up wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wikiup wiki \[web3\]$https://www\.learnweb3\.io/tracks/sophomore/advanced\-solidity$[\[1\]](#cite-id-1s69n14hiil)

up wiki

something said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act:He tells very funny jokes. She played a joke on him. something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriously; farce:something said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act: He tells very funny jokes. She played a joke on him. something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriously; farce:something said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act: He tells very funny jokes. She played a joke on him. something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriousomething said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act:He tells very funny jokes. **~~She played a joke on him.~~**  
something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriously; farce:something said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act: He tells very funny jokes. She played a joke on him. something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriously; farce:something said or done to provoke laughter or cause amusement, as a witticism, a short and amusing anecdote, or a prankish act: He tells very funny jokes. She played a joke on him. something that is amusing or ridiculous, especially because of being ludicrously inadequate or a sham; a thing, situation, or person laughed at rather than taken seriou

lly because of being ludicrously inadelly because of being ludicrously inade

👺 Deisbot DAO 👺

Through its fractional-algorithmic design, Frax aims to have the confidence and tight peg of over-collateralized models like MakerDAO as well as the trustless and scalable model of algorithmic stablecoins like Basis Cash  
On November 16, 2020, the testnet was released for early users to experiment with and report bugs. The protocol officially launched on the Ethereum mainnet on Monday, December 21, 2020, at 0:00 UTC.  
On Monday, December 21, 2020, one hour after launch at 1:00 UTC the total value locked (TVL) in Frax Finance was over $43 million. . As of Jan 13, 2021, a record 100 Million ~~FRAX tokens have been minted, with a collateral ratio of around 85%.~~  
On January 19, 2021, Frax Finance passed Wrapped Bitcoin (WBTC) to become the 5th most liquid token on Uniswap with over $130 million in liquidity.  
On February 17, 2021, Frax Finance became the first algorithmic stablecoin to be listed on Binance. Binance listed Frax Shares in their Innovation Zone with FXS/BTC and FXS/BUSD trading pairs opening on February 18, 2021, 9:00 AM (UTC) and deposits opening earlier.  
In January 2022, Frax Finance expanded its collaboration with Chainlink to bring the U.S. C~~PI data on-chain in support of the Frax Price Index.~~

Exchanges

Wikis in this category