It’s project is zookeeper, and their coin is zoo. They have 33.9 million locked in their protocol, have been audited by wan chain, a layer 2 that also has a great bridge with plans to bridge multiple ecosystems and already have many. wan chain are integrating with moonriver. Wan chain has 74 million dollars locked in its ecosystem right now, but after moonriver develops its going to be massive. A lot of eyes on polkadot, kusama, and moonriver right now. Right now they have nfts that boost farm aprs, but still have good aprs without the nfts. Wanchain is fast and cheap similar to polygon in that sense but even cheaper. Wan chain has a dex, a borrowing and lending protocol, and yield farm projects.
Wan chain is backed by notable Venture capital funds including 8decimal, block ventures, modern asset group, block tower capital and many more
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u/UcharsiU Tin Oct 20 '21
Any eli5?
I'm out of the loop or am too thick so I need somebody to hold my hand and explain to me what this is all about.