TsunamiPrice

(TSUNAMI)

There are several distinct projects and entities in the crypto and Web3 space associated with the name "Tsunami". One project, identified by the token symbol TSUNAMI, operates as a Web3 coin built on the Solana blockchain. The Solana blockchain is known for its high-speed and low-cost transactions. This Tsunami token is described as a decentralized Web3 coin, where governance is often managed by its community. It has a total and circulating supply of approximately 999.2 million tokens. This token can be traded on various cryptocurrency platforms, including Phantom. Some platforms note that this token is unverified and advise users to interact only with trusted tokens. Another project is the Tsunami Exchange, with the token symbol TSN. Launched in 2022, Tsunami Exchange operates on the Waves blockchain. It functions as a gamified derivatives market, utilizing a Virtual Automated Market Maker (vAMM) concept. The platform enables the creation of perpetual futures markets, supporting leverage up to a factor of ten. Traders on Tsunami Exchange can engage with a variety of assets, including tokens, NFT floor prices, commodities like Oil and Gold, indices, and stocks. A key feature of Tsunami Exchange is its governance model, where the TSN token grants holders the ability to participate in platform development decisions, such as adding new markets and prioritizing features. Additionally, TSN token holders can stake their tokens to partake in the distribution of platform earnings, with half of the fee revenue contributing to an insurance fund and the other half distributed to stakers. The platform aims for privacy and accessibility by not requiring traditional Know Your Customer (KYC) processes. A third project is Tsunami Financial, which uses the token TSU. This platform is positioned as a Web 3.0 DeFi (Decentralized Finance) project, introducing the Tsunami Autostaking Protocol (TAP). The TAP protocol is designed to simplify staking and offer stable returns to token holders through automatic staking and compounding features. It features an automatic token burn system called "The Tsunami Fire," intended to manage the circulating supply. It is important to note that there is also a "Tsunami API" developed by PARSIQ, which is a data network providing real-time and historical blockchain data for Web3 applications across multiple chains, and Tsunami.cash, which is a cryptocurrency exchange. Learn more

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