Mars Mazitov

01 is a fully decentralized derivatives protocol. 01 runs on smart contracts built on the Solana blockchain, the most performant, fast, and low cost blockchain.

Perpetual Futures | 01 offers powerful deep liquidity perpetual futures markets, empowering traders with up to 20x their buying power.

Power Perpetuals | 01 is the first protocol to introduce orderbook based power perpetuals, a novel asset type providing global option-like exposure.

Yield-bearing Deposits | All deposits on 01 accrue passive APY through algorithmic borrow lending markets.

Decentralized Orderbook | 01 is built with Serum's fully decentralized on-chain limit orderbook, providing traders with the ultimate trading experience, without sacrificing decentralization.

Cross-Collateral | Traders can deposit a variety of supported tokens as collateral for their positions, saving on swap fees.

Cross-Margin | Leverage is shared across all positions under a single account, allowing for unparalleled capital efficiency.

Syndicate is a decentralized investing protocol and social network that's transforming how the world creates value. Welcome to the revolution. Create a Syndicate. or sign up for updates. Vision.

At Gem, we're building the best NFT aggregator, giving you A to XYZ access to the entire NFT market.

Find the best deals across all marketplaces

Buy multiple NFTs in a single transaction

Sweep collection floors

Pay with any token (or multiple ones)

While saving tons on gas compared to buying on the marketplaces directly

Our mission is to provide best-in-class aggregation, resulting in the best prices, biggest NFT supply, and the most complete data in the market - starting with the Ethereum blockchain.

We’re currently 100% focused on creating the best experience for exploring, buying, and selling NFTs - achieved through aggregation.

Hot Cross Introduction

The goal of this abstract is to explore in a preliminary fashion the design, development, and user journey of Hot Cross, a multi-chain tool suite created for both blockchain teams and their communities. At its core, Hot Cross aims to be a toolbox for EVM networks and if the thesis that cross-chain tools work, we will then expand to non-EVM chains (e.g. Polkadot, Cosmos, Solana, etc.). Our development philosophy is agile and we avoid overpromising based on potentialities and focus on meeting blockchain needs as they evolve.

Abstract Goals

The goal of this abstract is to explore in a preliminary fashion the design, development, and user journey of Hot Cross, a multi-chain tool suite created for both blockchain teams and their communities.

At its core, Hot Cross aims to be a toolbox for EVM networks and if the thesis that cross-chain tools work, we will then expand to non-EVM chains (e.g. Polkadot, Cosmos, Solana, etc.). Our development philosophy is agile and we avoid overpromising based on potentialities and focus on meeting blockchain needs as they evolve.

The first tool ever created in the Hot Cross ecosystem was an ERC20 to BEP20 bridge called Cross Bridge, and the following products that are under development or already launched are a multi-chain NFT minter named Cross Mint, a multi-chain StakeDrop/Launchpool product named Cross Pool, a UI component named Cross Connect, a rich data delivery endpoint named Cross API, an exploration into AMM-style bridging via Cross Swap, and a multipurpose application called Cross Vest for token management.

All of these were created with a product-market fit approach. They were either needs expressed by other blockchain teams or general users. In some cases, we take a Scratch Your Own Itch approach insofar as the effort put into creating Hot Cross goods and services do not go to waste through reinventing good enough wheels that already exist.

ELI5 Goals

Hot Cross will become an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. We are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C.

ELI5 Thesis

The core thesis that Hot Cross presents is that users and teams, when presented with sufficient tooling and freedom, will migrate in part to new networks and they will also “return home” when necessary.

Whether or not they stay on those networks is too early a prediction to make. What we have proven with a high degree of confidence is that the blockchain ecosystem has evolved to the point where single chain development right now is not prudent.

Our core focus is on building tooling on networks that allow other teams to create stickiness within their own sub-ecosystems. While Hot Cross is a company and an ecosystem in and of itself, our goals are towards allowing niche communities to flourish using our technologies, whether or not they know we are the ones building them.

The Opportunity

On September 1st, 2020, Binance Smart Chain ("BSC"), an EVM-compatible PoSA chain, launched. (The white paper is here.) Interesting data emerged. The number of unique addresses on Ethereum was 112,924,458 with a daily increase of 96,625. At the same time, BSC had little-to-no traction with only 140 unique addresses and a daily increase of 51. Total Value Locked ("TVL") on the chain was also low.

Ethereum

Ethereum Unique Addresses on September 1st, 2020. Source: Etherscan.io.

Ethereum

Ethereum Unique Addresses on September 1st, 2020. Source: Etherscan.io.

Binance Smart Chain

Binance Smart Chain Unique Addresses on September 1st, 2020. Source: BscScan.com.

Binance Smart Chain

Binance Smart Chain Unique Addresses on March 27th, 2021. Source: BscScan.com.

As of March 27th, 2021 unique addresses on BSC are 61,778,696 with a daily increase of 136,770. This is largely in part due to the success of two prominent platforms on BSC: Venus and PancakeSwap; however, part of this increase was due to the successful value proposition made by EVM-compatible networks that they were faster and cheaper than Ethereum during a time when the chain was suffering from congestion and expensive transactions.

Fervent community interest has formed on these new networks; the single value proposition of “cheap and fast” is currently no longer relevant. Chain and product evangelism has now become extremely powerful while single chain tribalism (i.e. maximalism) has proven to be counterproductive by all means.

Hot Cross’ value proposition is to identify with vigor strong top chain evangelism and fill missing tooling voids where they exist. We wish to build wrenches and roads and fundamentally address the "I want this now" problem for underfunded teams or enthusiastic communities.