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Other good Solana projects besides Stepn?

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by COINS NEWS 209 Views

With Stepn mooning recently, I thought we could highlight other good projects built on Solana.

Here are some that I've been following over the past few months:

  1. Sator

One reason Stepn is such a great project is because it rewards people for doing something they already do anyways - walking. For Sator, people are rewarded by answering trivia questions about popular TV shows and movies. They've been expanding a lot recently as well, which I think is a good sign.

  1. Raydium

I’ve been using Raydium for a little while now and it probably needs less of an introduction. Regardless, Raydium is an Automated Market Maker (AMM) that is incorporated with Serum, a DEX also on Solana (more on that later), meaning it offers some advantages of a DEX as well. There’s also an option to earn RAY (their native token) for providing liquidity, which has previously yielded good results for me. Overall, it’s definitely innovative but still not everyone is too into DeFi yet.

  1. Serum Dex

Also popular, Serum is a DEX that brings high speed and low transaction costs to DeFi. It’s permissionless, which is a big factor in what makes Raydium good as well. Serum Foundations was created by big names like FTX, Alameda Research, and others. Again nothing fancy but gotta give credit where it’s due.

  1. CryptoPlease

This one is definitely worthy of mentioning since it follows the theme of crypto projects that can be used for everyday life. Crypto Please allows crypto payments in the easiest way possible, making the technical aspect of the blockchain and other things pretty much invisible. It currently supports all SPL tokens. I’ve never actually used it because I don’t spend crypto, but it can be a good alternative to sending crypto to friends and whatnot.

Let me know what you think about my choices!

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