Project Spotlight #50
In our “Project Spotlight” series, we showcase new projects that are making an impact in the web3 community. This series will help you stay informed about upcoming projects and companies shaping the future of decentralised technologies. Remember to check out and follow their progress as they contribute to the evolving web3 landscape.
1. ENKI
ENKI Protocol is a leading liquid staking solution built on the Metis decentralised sequencer, offering users an accessible and efficient way to earn rewards from sequencer nodes. By staking with ENKI, users can keep their Metis tokens liquid, allowing them to be used across various DeFi applications on Metis to maximize returns. ENKI lowers the barriers to node participation by eliminating the high technical requirements and large token thresholds (20,000 Metis) needed for node operation. The protocol democratizes access to sequencer rewards, enabling flexible staking amounts while utilizing eMetis and seMetis tokens to enhance liquidity and functionality within the broader DeFi ecosystem. ENKI simplifies staking and promotes ecosystem engagement, driving growth and accessibility for users of all levels.
2. BeraRoot
BeraRoot is a pioneering blockchain ecosystem solution designed to optimize transaction efficiency, security, and transparency within the Berachain network. By integrating Miner Extractable Value (MEV) optimization and Data Availability (DA) technology, BeraRoot ensures the tamper-proof storage and verifiability of all transaction data across Berachain and its Layer 2 platforms. The DA layer guarantees permanent, secure, and transparent access to transaction records, fostering trust and authenticity. Additionally, BeraRoot employs fair MEV optimization algorithms to reduce transaction biases, promoting a more equitable trading environment for users. As Berachain's first Data Availability and MEV service, BeraRoot sets a new standard for blockchain transparency and fairness.
3. Leather
Leather is a widely trusted Bitcoin wallet that provides users seamless access to decentralised applications built on Bitcoin. Beyond the core functions of managing tokens and digital assets, Leather enables users to engage with NFT and Ordinals marketplaces, Bitcoin DeFi protocols, and various other decentralised applications. It serves as a gateway to the Bitcoin Web3 ecosystem, allowing users to buy, send, receive tokens, mint NFTs, inscribe Ordinals, and explore DeFi platforms. Available on MacOS, Windows, and Linux, Leather also offers a browser extension compatible with Chrome, Brave, Opera, and Edge, ensuring broad accessibility for its users.
4. BlockHunters
BlockHunters is a leading infrastructure service provider, supporting key projects in the crypto ecosystem through robust nodes and infrastructure components. With a mission to advance technology and strengthen security, connectivity, governance, and community engagement, BlockHunters delivers practical and competitive solutions. Specializing in validators, public RPCs, provers, and sequencers, BlockHunters has been active in PoW mining since 2013. BlockHunters currently supports over 30 mainnet networks, including Cosmos, Dymension, Axelar, and Neutron, and 20 testnets like Aleo, Berachain, and Babylon. Additionally, BlockHunters operates on EigenLayer and LayerZero networks, solidifying its role as a trusted infrastructure partner.
5. CompX
CompX is a comprehensive DeFi platform that provides a full suite of decentralised finance tools under one roof. Built on the Algorand blockchain, CompX, formerly known as Alammex, enables users to participate in liquidity pools, or "farms," where they can earn rewards in tokens by providing liquidity. One of its standout features is auto-compounding, which allows users to maximize their returns by automatically reinvesting rewards over time. Additionally, CompX offers portfolio tracking and the best swap router in the ecosystem, making it an innovative solution for DeFi enthusiasts on Algorand.
The projects featured in our "Project Spotlight" series bring innovative solutions to the web3 landscape. Their ability to innovate can significantly impact the growth and evolution of the web3 industry. Do remember to follow us on X/Twitter and join our newsletter today to receive daily value-packed web3 intelligence reports, blending LLM systems with human intelligence. Free users enjoy a lite version, while paid subscribers get full access. Check it out for free.