The following content is purely subjective and does not constitute any investment advice.
background relationship
Solana is a high-performance blockchain platform dedicated to providing fast, secure, and low-cost decentralized applications (DApps) and digital asset trading services. Here are some key features of the Solana chain:
1. High throughput: Solana is known for its unique consensus mechanism and innovative technical architecture, which enables it to process thousands of transactions per second, much higher than many other blockchain platforms. 2. Low cost: Due to its high throughput, Solana can provide relatively low transaction fees, allowing developers and users to interact with the blockchain more cost-effectively. 3. Cross-chain compatibility: Solana chain supports interoperability with other blockchains, which means that users can interact with applications developed on Solana with applications on other blockchains. This provides greater flexibility to the broader blockchain ecosystem. 4. Security: Solana uses advanced cryptography technology and powerful consensus algorithms to ensure the security and decentralization of the network. 5. Developer-friendly: Solana provides a series of developer tools and documentation to make it easier for developers to build and deploy decentralized applications. 6. Token economy: SOL is a local token on the Solana chain, used to pay transaction fees, support decentralized applications and participate in network governance. The token plays a key role in the Solana ecosystem. 7. Community governance: Solana adopts a community governance model to enable community members to participate in decision-making and development direction, ensuring the decentralization and long-term sustainability of the network. There is a close partnership between Solana and FTX, which mainly involves Solana as the blockchain infrastructure and FTX as the crypto trading platform built on that infrastructure. Here are some key points of their relationship: 1. FTX is built on Solana: FTX is a cryptocurrency trading platform that provides trading and derivatives markets for various digital assets. It chose to build its ecosystem on the Solana blockchain, leveraging Solana’s features such as high throughput and low transaction fees to provide users with an efficient trading experience. 2. Cooperation and ecosystem development: The cooperation between Solana and FTX is not limited to technical infrastructure, but also includes the joint development of the ecosystem. The two parties may work together to promote more developers and projects to join their ecosystem, promote more innovations and applications to run on Solana, and conduct transactions on FTX. 3. Interaction of token economy: Since Solana adopts its own local token SOL, and FTX also has its own FTT token, there may be some form of interaction between the two. For example, FTX’s platform token may be in Solana Issuance on the platform, or using SOL for payment in transactions, etc. FTX will release major information on December 15th (guessed it may be related to the retrieval and restart of user funds), which is very likely to benefit the FTX system and SOL system SOL Ecology (https://defillama.com/chain/Solana) From TVL TVL, which was at a record low of US$200 million at the beginning of the year, has climbed to US$900 million as of December 9, showing that a large amount of funds poured into the SOL ecosystem in October. This change can also be seen in the climbing price of $sol.
Next, let’s talk about the ecology of sol (for risk control, it is recommended to read more of the top 10)
First of all, it is recommended to use Panthom wallet to play in the sol ecosystem.
Panthom wallet is already the most useful wallet in the sol ecosystem, and it has great potential to issue coins.
Published and snapshotted projects (1, 2, 4, 5, 7, 8, 10) will be removed here
1)Marginfi
Marginfi has launched a points system. Generally speaking, when the points system is launched, 95% will have airdrop plans in the near future. Margifnfi mainly earns points through mortgage lending.
2) Chimney
The overall experience of Kamino is similar to that of Marginfi, which is a mortgage lending app. The only difference is that Kamino can also open long and short contracts (such as two wallets for hedging). Overall, the user experience of Kamino is much better than that of Marginfi. The web page is easy to understand and the network is smooth. Kamino has already mentioned Points on its official website, and it is expected to launch a points system in the near future (it may have started recording points now)
3)Drift
Drift is a derivative, you can search for the specific gameplay by yourself. It is one of the top 10 TVL Dapps in the sol ecosystem, but I am not optimistic about it personally. You can pay attention to zeta, a platform for NFT on the chain.