$RING Darwinia network bottomDarwinia is often cited as one of the strong contenders for KSM/DOT parachains.
I believe the idea started as a game and ended up evolving into a cross chain hub for Polkadot to Ethereum/Tron and others.
Chart is pretty straight forward. massive run up entirely reclaimed after the BTC dump and now just exiting a previous heavy accumulation area.
I believe the Polkadot narrative could heat up in the coming weeks/months as they get closer to launching functioning parachains.
Ringusd
Darwinia Network RingAgain a strong Potential defi and very interesting cross-chain project linked to Polkadot:
here the description :
RING is the native token of Darwinia Network. It's used to pay for the GAS fee of the on-chain transactions and cross-chain services. RING can be staked for staking rewards and obtaining voting power to participate in the governance.
Darwinia Network is a decentralized heterogeneous cross-chain bridge protocol built on Substrate, serves as critical infrastructure for interoperability across the blockchain networks. Darwinia Network focuses on decentralized cross-chain token swap, exchange, and market and enables single-chain application upgrade to cross-chain version, including Defi, Game, DEX, NFT market, and more. Its vision is to build the future Internet of Tokens.
So to be clear and fast , Darwinia will connect all Blockchains, Kton is a reward for stacking RING, Kton + Darwinia Stacking = more power in your stack = more rewards.
Don't forget to DYOR before buying !
Trading it :
- Buy Zone 1 : 0.074 ish
- Buy Zone 2 : 0.064 ish
- Tp1 = before 0.15$ for safety
- Tp2 = 0.175$
invest wisely + don't go all in.
Happy Tr4Ding !
Good long but is there a 3 wave pull back that is yet to finish?Good long but is there a 3 wave pull back that is yet to finish?
Darwinia Network Has wonderful Fundamentals (RING/USD)Like many new chains focusing on interoperability, Darwinia is being built with Polkadot’s framework Substrate. Substrate is a stack of web3 libraries (e.g., libp2p) to build blockchains focusing on the logic of the chain, or runtime. The runtime, sometimes referred to as a state machine, is written in WebAssembly (which can be the widely known, JavaScript).
They used to be a gaming Polkadot sidechain to allow interoperability for NTFs (eg, in-game items). Now, they’ve grown to allow interoperability of NFTS + tokens across smart contract blockchains like Ethereum.This unlocks a new world of interoperable and decentralized smart contracts platforms to build applications (e.g., DeFi).
Why is it undervalued?
Darwinia Network is certainly the first to allow interoperability between smart contracts blockchains in the Polkadot ecosystem. This could unlock a lot of innovation, for example, seamless liquidity aggregation for DeFi.
It’s available on Uniswap.
It was founded and developed by two early core members of Bitshares who have been working in crypto since 2012.
RING started trading in Sep 2019 and has pumped more than 1,600% since then.
Darwinia is currently running a canary testnet and its roadmap says that it will mainnet in Q3 2020 . The team also created Scale Codec, a library tool to support Darwinia and it’s available in multiple languages like Rust and JavaScript.
Darwinia currently runs a testnet, or canary chain, called Crab Network. Like Kusama for Polkadot, Crab is an environment to test and experiment and it’s meant to live long term. Crab token holders will be able to swap their cRING and cKTON into RING and KTON in a 100:1 ratio. Crab already has a blockchain explorer and wallet built-in and it’s expected to work with the mainnet.
