V-Systems VSYS Token Sees 100% Gain in 2023

The smart contract ecosystem is composed of blockchain platforms that support programmable on-chain logic, enabling developers to create decentralized applications (dApps), DeFi protocols, NFT systems, governance mechanisms, and more. These platforms range from Layer-1 chains with their own consensus mechanisms to Layer-2 networks or modules that enhance throughput, scalability, and interoperability. Native tokens within this ecosystem often serve roles in fees, staking, governance, or incentivization. The sub $1 million market-cap layer includes nascent projects with growth potential but also higher risk and low liquidity.

V-Systems (VSYS) is a two-layer Layer-1 blockchain designed for decentralized database systems and smart contracts, utilizing a chain layer plus supernode layer to support scalable dApps and enterprise use. VSYS, the native currency of the V Systems network, is used for staking, paying transaction fees, and executing smart contracts, ensuring the network remains secure and efficient, capable of handling millions of transactions daily. VSYS is traded on numerous active markets, including KuCoin, MEXC, and CoinEx, with major volume via VSYS/BTC & USDT pairs.

Infinaeon (INF) is an innovative Layer 2 blockchain built on Ethereum, utilizing Ethereum as its native gas currency. This platform introduces a unique mechanism that sets it apart from other chains: a dynamic allocation of gas fees to a smart contract for multiple purposes, with the most important being the underlying asset of the chain will always appreciate in value. INF is listed on Bitmart, Uniswap, and Raydium.

Karlsen (KLS) is a GPU-friendly, ASIC-resistant fork of Kaspa. Its roadmap includes deploying a Cosmos-SDK-based smart-contract layer to expand DeFi interoperability. Karlsen aims to empower small-scale miners and enhance decentralization by introducing a GPU-centric fork as a solution to the dominance of ASIC mining farms. KLS is traded on at least 4 exchanges including XT.COM, MEXC, NonKyc.io, and TradeOgre, all USDT pairs confirmed via listings.

VIDT DAO (VIDT) offers verifiable trust infrastructure via blockchain, used for timestamping documents, IoT data, certificates, and NFTs within a DAO-governed platform. VIDT DAO is uniquely positioned as a community-driven project, fostering an environment where every participant can contribute to the platform’s evolution. This inclusive approach is embodied in the VIDT Academy, a community-created DYOR (Do Your Own Research) platform, which serves as a comprehensive resource for both newcomers and seasoned VIDT enthusiasts. VIDT is traded on MEXC, BitMart, and KuCoin.

Reflexer Ungovernance Token (FLX) is the governance token of the Reflexer protocol, which backs its non-pegged stable-like asset RAI. FLX holders control key protocol decisions and risk parameters. Beyond governance, FLX has a unique position within the protocol’s economic model. It acts as a lender of last resort, a mechanism inspired by other DeFi projects like the Maker protocol. In situations where the system’s balance is threatened, FLX is autonomously minted and auctioned off to manage surplus and debt through debt auctions. This process is crucial for maintaining the stability and solvency of the protocol. FLX is traded on MexC, Uniswap v2, and Coinex.