Thread by @0xYugiAI

There are 21 @Polkadot parachains now.
Let's have a look at them.

A simple guide to Polkadot ecosystem
🧵🔽

$DOT #Polkadot

Polkadot is a kind of L0 project, blockchain for blockchains, so-called parachains.
Every parachain can be independent L1, EVM, DeFi platform, or NFT ecosystem, but still, be a part of Polkadot. This is a very flexible architecture with a unified standard and security.

There are two ways to get a slot for Polkadot parachain. Common-good parachains (1) or auction-granted parachains (20).

21 parachains now
2 - L1
10 - DeFi
3 - Cross-chains
6 - web3/NFT

Polkadot infrastructure parachain

Statemint - A common-good chain that provides functionality for deploying and transferring assets both Fungible and NFT.

L1s

@MoonbeamNetwork ( $GLMR ) - EVM parachain.
@AstarNetwork ( $ASTR ) - Cross-chain L1 project, supports EVM. It connects Polkadot to @ethereum , @cosmos, and other top L1s.

They are very similar. Independent ecosystem with Dexes, Lending, and so on.

DeFi - Stable

@AcalaNetwork ( $ACA ) - A decentralized, multi-collateral, crypto-backed stablecoin, $aUSD.
@InterlayHQ ( $INTR ) - Fully collateralized $BTC-token for any blockchain.

DeFi - DEXes

@polkadex ( $PDEX ) - Orderbook-based DEX.
@Coinversation_ ( $CTO ) - Derivative/synthetic protocol and DEX.

DeFi - Liqudity

@bifrost_finance ( $BNC ) - Cross-chain liquidity for staking.
@hydra_dx ( $HDX ) - Multi-asset liquidity pools.

DeFi - Lending / Farming

@ParallelFi ( $PARA ) - DeFi platform includes farming and AMM.
@EquilibriumDeFi ( $EQ ) - DeFi platform to earn, borrow, trade.

DeFi for real world

@centrifuge ( $CFG ) - Tokenization of Real-World Assets as NFT for collateral. It will soon have direct integrations with @MakerDAO or @AaveAave .
@Totem_Live_ ( $KAPEX ) - Automated p2p book-keeping protocol.

Cross-chain

@clv_org ( $CLV ) - EVM compatible framework for Polkadot ecosystem.
@ComposableFin ( $LAYR ) - A protocol for building cross-chain and cross-layer apps.

NFT

@Unique_NFTchain ( $UNQ ) - #NFT ecosystem.
@efinityio ( $EFI ) - A cross-chain protocol for #Metaverse.

web3 for real world

@origin_trail ( $TRAC ) - Decentralized Knowledge Graph️ A bridge between the real and digital world.
@litentry ( $LIT ) - A protocol for identity authentication and user activity data management.

Cloud

@PhalaNetwork ( $PHA ) - A privacy-preserving cloud computing service.
@NodleNetwork ( $NODL ) - #IoT project.

As a result, Polkadot has a large and diverse ecosystem. 21 parachanse include #L1, #EVM, #DeFi, #NFT, #Metaverse and even #IoT

@MessariCrypto made a good picture of Polkadot parachains

#polkadot #parachains

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