Coin98 (C98)
Coin98 Finance is a comprehensive decentralized finance (DeFi) liquidity aggregator and decentralized exchange (DEX) that enables seamless cross-chain token swaps. It provides a platform for users to engage in various activities such as swapping, staking, borrowing, lending, investing, and earning cryptocurrencies effortlessly. The platform seeks to address unmet needs in the financial industry and act as a bridge for traditional finance (TradFi) users to access DeFi services across multiple blockchain networks. This goal is achieved through a suite of products, including the Coin98 Wallet, Coin98 Exchange, and a cross-chain bridge. The C98 token is the platform's native utility token, which is used for paying service fees, providing staking incentives, participating in governance, and granting unique membership rights.
| Ticker | C98 |
| Category | Decentralized Finance (DeFi) |
| Website | https://coin98.com/ |
| @coin98_wallet | |
| Telegram | coin98_wallet |
| Contract Addresses | |
|---|---|
| binance-smart-chain | 0xae...a6 Copied! |
| tomochain | 0x0f...8cCopied! |
| polygon-pos | 0x77...0eCopied! |
| ethereum | 0xae...9fCopied! |
| solana | C9...X9Copied! |
Overview of Coin98
Coin98 is a DeFi solution designed to facilitate cross-chain swaps, staking, and yield farming, serving as a gateway from traditional finance to decentralized finance. The Coin98 ecosystem offers a wide range of interoperable DeFi products and services, functioning as a one-stop-shop for lending, borrowing, and yield farming. It aggregates liquidity from multiple sources and supports new DeFi projects through a crypto incubator service. The network includes various components and leverages partnerships and integrations with leading DeFi organizations. Coin98 Finance aims to enhance the global blockchain and cryptocurrency landscape through investments, technology, and media, with efforts spearheaded by Coin98 Ventures, Coin98 Labs, and Coin98 Network.
Coin98 Labs
Coin98 Labs is dedicated to building and developing a comprehensive cross-chain ecosystem of DeFi protocols and applications on various blockchains. Its mission is to meet untapped demand and enhance utilities in the DeFi space, thus making DeFi services more accessible. The product development strategies are focused on optimizing user experiences and creating innovative products to address unmet needs. At the core of the Coin98 Labs ecosystem is the Coin98 Wallet, a cross-chain compatible wallet supporting DeFi services across multiple blockchain networks. Since its launch, the wallet has gained over 200,000 users globally and is available on mobile, as a browser extension, and on the web.
Coin98 key components
Coin98 Wallet
Coin98 Wallet is a non-custodial wallet that enables users to store, manage, trade, and swap digital assets across multiple chains and sources. It supports a wide range of popular blockchains, including Bitcoin, Ethereum, Binance Smart Chain, Solana, Polkadot, and many others. The wallet is available as a mobile app and a browser extension, acting as a gateway to the DeFi world.
Coin98 Exchange
Coin98 Exchange is a decentralized exchange (DEX) and cross-chain liquidity aggregation protocol that allows users to swap, stake, lend, borrow, earn cryptocurrencies, and access various DeFi services on multiple blockchains. It aims to provide a smooth and seamless experience for DeFi users. The platform has integrated several leading DEXes across numerous blockchains, including Uniswap, PancakeSwap, and others.
Coin98 Portfolio
Coin98 Portfolio is a tool developed by Coin98 Labs to help users manage portfolio assets across different blockchains without the need to import keys. It allows users to track their wallets on various chains, including Solana, Ethereum, Binance Smart Chain, and more.
Coin98 Markets
Coin98 Markets is part of the Coin98 Exchange ecosystem, providing real-time market data to help users monitor market changes and fluctuations. It offers information on over 9,000 cryptocurrencies across more than 635 exchanges, enabling users to make informed investment and trading decisions.
Coin98 Terminal
Coin98 Terminal is a powerful DeFi toolkit that includes features like Multi-Send, Token Issuer, Solana Migration, and Wallet Approval. These tools enhance the DeFi experience on the Coin98 Platform, providing users with a seamless interaction.
Coin98 DApps Browser
Coin98 offers a multi-chain browser for various decentralized applications (DApps). Users can access DApps on more than twenty blockchains, including Ethereum, Binance Smart Chain, Solana, and others, through this browser.
Coin98 Staking
Coin98 offers passive income opportunities for C98 token holders through its staking plans. These plans range from 1,000 to 1 million C98 tokens and offer different interest rates based on the staking duration. Stakers receive earnings directly to their wallets and are rewarded with exclusive NFT staking cards.
Coin98 Vault
Coin98 Vault is a contract designed for storing and automatically distributing tokens to facilitate decentralization. It simplifies the process of claiming and managing tokens across different chains.
Coin98 Super App
The Coin98 Super App is a multi-feature application designed to provide users worldwide with a secure and comprehensive crypto experience. It includes a non-custodial, multi-chain NFT and cryptocurrency wallet, along with features like inbuilt DEXes, cross-chain bridges, and DApp browsers. The app is available for Android and iOS, as well as on desktop browsers and the web.
C98 Token
The C98 token is the native utility token of the Coin98 DeFi platform, driving the entire Coin98 Finance ecosystem. It is supported on Ethereum, Binance Smart Chain, and Solana and is available on multiple exchanges. The token serves various purposes, including paying platform service fees, providing staking incentives, governance, and offering unique membership rights.
Coin98 token use cases
- Platform service fees: Users pay transaction fees on the Coin98 Exchange using the C98 token.
- Staking incentives: Users are incentivized to provide liquidity and participate in liquidity mining, earning passive income through C98 tokens.
- Governance: C98 token holders can propose and vote on governance proposals to shape the Coin98 ecosystem.
- Unique membership rights: C98 holders gain access to exclusive privileges and events based on their token holdings.
Token allocation
The C98 token allocation is structured as follows:
- Binance Launchpad Sale: 5%
- Seed Sale: 5%
- Strategic Sale: 15%
- Team: 20%
- Advisor: 2%
- Treasury: 12%
- Ecosystem Growth: 21%
- Community Development: 20%
C98 token release schedule
The release schedule for C98 tokens includes various vesting periods and unlock conditions for different allocations, ensuring a structured and gradual distribution over time.
SpaceGate: Cross-chain bridge
SpaceGate is a cross-chain bridge that facilitates token swaps and transfers across multiple networks. It supports over 20 blockchains and layer 2 solutions, allowing users to access a wide range of DeFi platforms and decentralized exchange protocols.
NFTs
Coin98 Finance supports NFTs through its non-custodial, multi-chain wallet, allowing users to manage NFTs on Ethereum, Binance Smart Chain, and Solana. The platform aims to facilitate NFT interchangeability and provide a marketplace for buying and selling NFTs.
Founders
Coin98 was co-founded by Thanh Le and Vinh The Nguyen. Thanh Le is a serial entrepreneur and early investor in several blockchain projects, while Vinh The Nguyen co-founded Kytek Software, a company that builds and reviews applications. Khiem Dang serves as the CTO and is also a co-founder of Kytek Software.
Roadmap
The Coin98 Finance roadmap consists of four phases:
- Phase 1: Single-chain swap functionality.