Questions tagged [what is]

Federico Fri Nov 08 2024 | 6 answers 1516

Scotty Beam coin, also known as SCOTTY coin, is the native token of the Scotty Beam platform. It aims to facilitate NFT transactions across different blockchains, enabling users to trade their NFTs on the best markets of any chain. The mission of Scotty Beam is to open up new and exciting cross-chain horizons for creators, collectors, and the community through an inclusive NFT interoperability system.

Nicola Fri Nov 08 2024 | 5 answers 799

Bumper crypto is a novel and innovative DeFi protocol designed to simplify crypto hedging and provide a sustainable risk market. It allows users to lock their crypto assets, set a floor price, and activate protection, eliminating the need for complex financial instruments. On the other side, liquidity providers can earn yields by committing stablecoins to a pool, which is used to provide liquidity for protection takers who finish below the floor price.

Isabella Fri Nov 08 2024 | 7 answers 1575

I recently encountered the term 'crown token' and I'm not sure what it means. Is it a type of currency, or maybe something related to games or blockchain technology? I'd like to understand its purpose and how it's used.

BusanBeautyBloomingStarShine Fri Nov 08 2024 | 6 answers 1398

Eco token is a digital currency that aims to create a more transparent and sustainable economic system. It is designed to be a decentralized alternative to traditional fiat currencies, with a focus on community management and environmental impacts. Through its unique features and vision, eco token strives to eliminate banking frictions and provide users with a more rewarding and eco-friendly financial experience.

MatthewThomas Fri Nov 08 2024 | 7 answers 1565

I'm trying to understand what a swap coin is. Could someone explain it to me in simple terms, please? I'm not very familiar with cryptocurrency, so it would be helpful if the explanation is easy to understand.