Stacks (STX) and Mantra (OM) Are Rising Stars in the World of Decentralized Finance
There’s a buzz in the world of decentralized finance. Two digital tokens are making waves and capturing attention. Stacks (STX) and Mantra (OM) are rising stars that could change the game. This piece explores the reasons behind their growing popularity and why they might be worth watching.
Two digital tokens are making waves and capturing attention in the world of decentralized finance. Stacks (STX) and Mantra (OM) are rising stars that could change the game. Here's a closer look at what's driving their growing popularity and why they might be worth watching.
Stacks (STX): Bringing Smart Contracts to Bitcoin
Stacks (STX) is a platform that brings smart contracts and decentralized apps to Bitcoin. It lets developers use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. By using the Stacks layer, users can tap into the vast value of Bitcoin, which is currently around $500B, for decentralized applications. Thanks to its Proof of Transfer system and Clarity language, Stacks can read the full state of Bitcoin. All transactions on Stacks are settled on Bitcoin, and its blocks are secured by Bitcoin's mining power. To alter Stacks blocks, an attacker would need to reorganize Bitcoin itself. With these features, STX shows strong potential and may be attractive in the current market.
Mantra (OM): A Security-Focused Layer 1 Blockchain for Real-World Assets
Mantra (OM) is a security-first Layer 1 blockchain designed to adhere to real-world regulatory requirements. Built using the Cosmos SDK and compatible with Inter-Blockchain Communication (IBC), it supports CosmWasm for smart contracts. Secured by its own proof-of-stake validator set, Mantra offers scalability of up to 10,000 transactions per second. It provides built-in modules, SDKs, and APIs for creating, trading, and managing regulatory-compliant real-world assets (RWAs). With an improved user experience aimed at onboarding non-native users and institutions to Web3, Mantra targets both developers and institutions. In the current market cycle, its focus on compliance and scalability positions it as an attractive option for those interested in blockchain technology that meets regulatory standards.
The above is the detailed content of Stacks (STX) and Mantra (OM) Are Rising Stars in the World of Decentralized Finance. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
Lulo, a Solana-based Yield Aggregator, Saw Its TVL Double to $38.7M Since August
Aug 27, 2024 pm 09:10 PM
The yield aggregator launched at the beginning of the year and has continued to grow even during DeFi market downturns.
What is the difference between DeFi and blockchain?
Jul 12, 2024 am 02:06 AM
DeFi, decentralized finance, is a financial system based on blockchain technology that aims to create financial services without intermediaries (such as banks and brokerage companies). Blockchain is a decentralized distributed ledger technology (DLT) used to record transactions and data. When many beginners enter the currency market, it is difficult to understand what is the difference between DeFi and blockchain? According to the analysis of existing data, the differences between DeFi and blockchain are in terms of nature, function and purpose, scope and application, and technical implementation. Next, the editor will tell you in detail. What is the difference between DeFi and blockchain? There are differences between DeFi and blockchain in terms of nature, function and purpose, scope and application, and technical implementation. Blockchain is a decentralized data storage.
What is an OCO order?
Apr 25, 2023 am 11:26 AM
One Cancels the Other (OCO) allows you to place two orders at the same time. It combines a limit order and a stop-limit order, but only one of them can be executed. In other words, as long as one of the limit orders is partially or fully executed and the stop-profit and stop-loss orders are triggered, the other order will be automatically canceled. Please note that canceling one order will also cancel the other. When trading on the Binance exchange, you can use 2-for-1 orders as a basic form of trading automation. This feature gives you the option to place two limit orders at the same time, helping to take profits and minimize potential losses. How to use the 2-for-1 order? After logging into your Binance account, go to the basic trading interface and find the trading area shown in the image below. point
BlockDAG Steals the Spotlight with a $65M Presale, CEO Antony Turner Calls it 'Bitcoin on Steroids'
Aug 11, 2024 am 06:26 AM
Recently, Stacks (STX) has grabbed headlines with its price climbing beyond $1.80. The volatility of the market, however, keeps investors on their toes
Proof of Liquidity (PoL) and Fair Token Offering (FTO): A Symbiotic Relationship
Jul 28, 2024 am 06:08 AM
Liquidity has been the backbone of DeFi (decentralized finance) since its inception. However, securing liquidity through locked capital is detrimental to DeFi in the long term. This realization acted as a catalyst behind the inception of Berachain's
Discover the potential of affordable DeFi coins that could see massive growth in the coming year
Jul 28, 2024 am 09:39 AM
This article delves into digital assets priced under a dollar, with the promise to soar a hundredfold in 2024. Uncover which tokens are on the radar
What is DeFi (decentralized finance)? How to invest in DeFi? The 3 most common DeFi application platforms
Mar 05, 2025 pm 05:39 PM
Interpretation of DeFi: The Future of Decentralized Finance This article will explain DeFi (decentralized Finance) in an easy-to-understand manner and explore its operating principles, advantages and investment methods. DeFi uses blockchain technology and smart contracts to bypass traditional financial institutions and achieve more transparent, efficient and low-cost financial services. What is DeFi? DeFi, namely decentralized finance, is a new financial model based on blockchain and smart contracts. It eliminates dependence on banks, governments or other centralized institutions, making financial services more open and convenient. Anyone can participate through the Internet without being restricted by geographical and identity, and enjoying greater efficiency. The difference between DeFi and traditional finance: Characteristics Degree of traditional finance centralization
Decentralized financial lending platform Aave announces V4 protocol upgrade plan
May 03, 2024 am 08:20 AM
Of all the proposed upgrades, one that stands out is GHO, an algorithmic stablecoin focused on growth protocols. Decentralized finance (DeFi) lending protocol AaveLabs recently unveiled its development blueprint for the next five years. According to the plan proposed by the company, they intend to upgrade the protocol to the new generation V4 version, and they hope to get feedback from the community on this proposal. At the same time, Aave also emphasized that the V4 upgrade is only part of its broader plan for the Aave2030 grant proposal. AaveV4: Proposal The AaveLabs team announced that their proposal aims to overhaul the protocol, involving "significant upgrades and expansions" to the Aave network. These updates will include the introduction of a cross-chain liquidity layer