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Phoenix Group
Jul 25, 2023
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DOGE
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PEPE
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AppLayer Project Overview #AppLayer is a modular #Ethereum Virtual Machine (EVM) layer designed to enhance cross-chain application development. It offers developers a comprehensive toolkit to build and manage applications that operate seamlessly across multiple blockchains. AppLayer supports over 400,000 TPS and executes smart contracts in 3.2 microseconds, ensuring scalability for #GameFi and #DeFi projects. $APPL Token Utilities: 🔸 Staking Rewards: Users can stake $ETH , $USDC , or $USDT to earn $APPL tokens as incentives. 🔸Protocol Fee Payments: Paying protocol fees in $APPL may offer discounts, encouraging token utility within the ecosystem. 🔸Keeper Rewards: Users performing network maintenance tasks (keepers) can earn $APPL as compensation. 🔸Liquidity Mining Incentives: Participants in liquidity mining programs receive $APPL tokens as rewards, promoting ecosystem liquidity. 🔸Buckets and Pairs Listing: An $APPL fee is required to add new trading pairs or buckets, supporting platform expansion. 🔸Treasury Buybacks: The protocol may use $APPL for buybacks, bolstering the treasury and token value. 🔸Tiered Access: Staking $APPL unlocks tier-based benefits and privileges within the platform. 🔸#RWA Minting Access: Staking $APPL grants access to markets not available to retail investors, such as Real-World Asset (RWA) minting. Developers are encouraged to participate in AppLayer's #testnet , with up to $1.5 million in $APPL incentives available for innovative contributions. The platform also offers grants, with up to 100 million $APPL tokens allocated to support top projects. 👉 https://x.com/applayerlabs/status/1902776957911081047
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Daily Summary on March 23, 2025 $OM $CRV $BONK $KCS $PEPE $AUCTION $ETH #ZETA $BTC #API3 #dailysummary #DeFi #Crypto
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