Leotasks: 20 Projects on Solana

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(Edited)

SURRENDER YOUR KEYS IF YOU DON'T LOVE HIVE 1.pngThe Solana blockchain is an exciting one, ranking number nine (9) in coinmarketcap. With such a significant repertoire, it is not surprising to find a lot of interesting projects on the Solana blockchain. In this Leotask, I am in the search for twenty (20) significant Solana blockchain projects that could be invited to our beloved blockchain, Hive. So, here are some of my top picks.

1 – Marinade Finance

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Marinade finance is an interesting project that brings staking to the Solana blockchain but without the actual staking process of locking up one’s finance to the blockchain.

2 – Saber

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With no opportunity cost, Saber is an algorithmic market maker and liquidity pool on Solana created for incredibly efficient trading across assets with identical prices (pegged).

3 – Magic Eden

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With Magic Eden, a Solana-powered NFT marketplace, is a place where you can easily purchase and sell native Solana assets in addition to other collectibles from a variety of different blockchains all within it. There are no listing costs, however there are 2% fees for transactions. MagicEden also provides some blockchain games for its users.

4 - Synesis One

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Synesis One is a platform that allows users to play games in exchange for virtual currency and makes data more readily available to projects that require AI. Anyone from anywhere in the world can participate in the project and have a good time while also contributing to the development of cutting-edge AI.

5 – MeanFi

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MeanFi offers a decentralised, permissionless, and trustless method of conducting Dollar Cost Averaging (DCA). This method allows a trader to maintain full control over your funds at all times. Additionally, the Mean Protocol DDCA contract can be used to schedule repeating swaps in order to exchange, buy, or sell cryptocurrencies for stable currencies.

6 – Solanium

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An inherent component of the Solana ecosystem, Solanium is widely regarded as the best Multi-chain launchpad in the world. Users are able to invest in public funding rounds (IDO) of top-tier projects by staking our native token, SLIM, and earning staking bonuses. The backers behind the Solanium project are able to assist cryptocurrency efforts in raising cash through the launch, all while growing their communities with their social campaign.

7 - STEPN

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The Solana blockchain-based move-to-earn technology called STEPN aims to transform the fitness industry in a number of ways. In essence, STEPN wants to challenge Actifit, and a rival is always welcome in any market.

8 - Star Atlas

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A metaverse-based online game built on the Solana blockchain - Star Atlas - was built using Unreal Engine 5, which gave the game the ability to include real-time vistas of cinematic quality. The game is set in the year 2620, which is a futuristic science fiction era, and it is a role-playing game with play-to-earn elements. The game merges several genres. As part of its gameplay, it features elements of both exploration and flying simulation. Strategy and exploration are also included.

10 - Civic

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Civic, a digital identification solution that works across several chains, offers multi-use identity verification for a wide variety of use cases. This verification can be scaled up or down according on the user's requirements.

11 - Audius

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Audius was founded as a response to the inefficiencies that existed within the music industry, including the murky ownership of music rights and the presence of middlemen that stood between artists and their fans. Audius is working to unite the interests of artists, fans, and node operators through the use of its platform, which is powered by its native AUDIO currency. Music that artists have uploaded, which is then stored and spread through content and discovery nodes, is available for listeners to stream for free.

12 - REN

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REN is a technology that permits the transfer of value between different blockchains. This protocol is open source and is driven by the community.

13 - Raydium & Serum

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These are two different but linked projects. So, I am treating them as one. Raydium for one is an AMM (Automated Market Maker) designed to serve as a liquidity provider for the Serum DEX and one of the biggest DEX on the Solana blockchain.

ParametersRaydiumSerum
Websitehttps://raydium.io/https://www.projectserum.com/
Email/formsGoogle form[email protected]
Discordhttps://discord.com/invite/6EvFwvCfpxhttps://discord.gg/zxPsXcB
Twitterhttps://twitter.com/RaydiumProtocolhttps://twitter.com/projectserum
Mediumhttps://raydium.medium.com/https://projectserum.medium.com/
Telegramhttps://t.me/raydiumprotocolhttps://t.me/ProjectSerum

14 - Injective Protocol

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Trading of complicated derivatives trading, futures, perpetuals, and cryptocurrencies can now take place in a completely decentralised manner thanks to Injective. Transactions are finalised immediately, there are no waiting times, and there are no additional fees incurred. Users of Injective are able to conduct transactions with multiple blockchain networks without encountering any problems. These networks include Ethereum, Cosmos, and the Binance Smart Chain. Users of Injective are able to construct any type of financial market because the protocol for exchanging value is lightning-fast, cross-chain, gas-free, entirely decentralised, and secure. Around two hundred thousand people from all over the world are a part of the Injective community, together with more than a hundred different projects.

15 - Coin98

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Coin98 is an all-in-one exchange that is built on the Solana network, with the capability of handling cross-platform/blockchain wallets. It is a feature-packed project that offers almost all-crypto finance based products and services.

16 - Mango Markets

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A platform for open-source trading, borrowing, decentralised cross-trading, and lending, Mango Markets was developed by Mango Capital. Users will be able to take money earned from a transaction and use it to place orders for yet another transaction without having to cancel the previous transaction first.

17 - Orca

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Orca is a decentralised exchange built on Solana that stands out for its distinctive 'human-centered' design. They do this by observing how customers use existing products in order to pinpoint problematic areas and potential enhancements. Orca is one of the leading decentralised exchanges that was created on the Solana platform, and it is able to boast a high traded volume along with an astounding total value locked of $516.6 million.

18 - Phantom

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Solana Phantom wallet is a cutting-edge multi-cryptocurrency payment system that accepts Solana. While phantom accepts just Solana as payment, it also has a token switching feature that allows users to swap other tokens to Solana for transactions. The value of the Phantom app for users is increased by the addition of NFTs and collectibles. Users can examine and exchange these assets on their app.

19 - Solanart

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The Solana ecosystem's first fully functional NFT open marketplace is called Solanart. It asserts that it is the sole free NFT market on the Solana blockchain; allowing users to keep 100%.

20 - Aurory

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Top-selling video game Aurory features play-to-earn mechanisms. This project is based on the Solana ecosystem, and Serum powers its in-game market.

Closing Notes

Most crypto projects have migrated from the use of emails for official communication, as Discord seems very convenient compared to mailing, thus, some of these projects didn't have an official email running and on display in their contact pages. The projects presented here are the best picks based on the strength of projects on the blockchain and there significance in the cryptoverse.

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18 comments
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I have been picking up Raydium at around $0.80. The ATH was over $15 if I remember correctly. RAY can also be staked. It's a top DEX, so hopefully performs well in 2024.

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Was using STEPN over the summer but the GST is falling further and further. They lost control over the tokenomics and it’s not sustainable in my view.
The Blockchain is said to be fast but still has to prove it’s use case.

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What an amazing post! I would suggest viewing the following Solana based applications: Star Atlas, Raydium, Phantom Wallet, Stepn. This post gave me some insights to follow some applications more closely. I mean especially Star Altas and Audius.

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I'm happy you found it useful. Hopefully my new application for another task will be approved soon and I'll share the results of my research with y'all

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Solana is indeed a great blockchain for Dapps considering its scalability, low network fees, and speed. However, its incessant outages have hindered its adoption.

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Yea. True. However, the goal here is to find nice Solana-based projects that could be conscripted into Leofinance and Hive.

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That'd be a very strategic development if achieved, as that would result in a massive promotion of Hive and LeoFinance.

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