1. Ispolink
Ispolink is a cross-chain platform designed to connect industry tech talents with businesses. It is powered by the Binance Smart Chain & Polygon.
Ispolink will feature a full working job listing website as well as an interactive app.
It’s native token $ISP will allow for decentralized payments within the ecosystem.
Several utilities of the $ISP token:
- Token Governance
- Referral Bonuses
- Rewards for Verified Users
- Token Staking
- Purchase of Hiring Packages
Planned IDO:
Ispolink is a promising DeFi project and certainly worth keeping an eye on. It is unique in many ways and has a solid real world use case.
2. Safemoon
The Safemoon protocol is a Defi token on the Binance Smart Chain and aims at creating long term gains instead of unrealistic high percentage APY’s.
Safemoon works on three basic principles:
- Burn
- Reflection
- Liquidity pool acquisition
The burns are controlled by the Safemoon team and thus helps them promote the project.
Here is how Safemoon works:
With every transaction made on the network, a 10% fee is deducted. 5% Of this is redistributed to all the Safemoon holders. The other 5% is added to the liquidity pool. This works by selling 2.5% for BNB and pairing it together with the resting 2.5% Safemoon in the pool.
3. Punk protocol
World’s first decentralized annuity protocol ‘Punk’ is a decentralized algorithmic annuity system providing periodic high-yield cash flows.
A big advantage of a decentralized annuity system in comparison to a traditional one is that it minimizes the amount institutions the invested money has to go through and thus minimizing losses. Punk’s annuity is called ‘Saver’.
Users will be able to choose from various pools with different interest rates, ranging from lower yield stable interest rates to higher yield less stable ones.
Punk protocol is another promising project for May 2021 and is backed by a strong community hungry for unique DeFi gems.
