Coin98 Finance is an all-in-One DeFi (Decentralized Finance) liquidity aggregator and Decentralized Exchange (DEX) that facilitates frictionless cross-chain token swaps. It is a platform which helps Users to swap, stake, borrow, lend, invest and earn Crypto with ease.^[1]

It aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any Defi services on multiple Blockchain. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and cross-chain bridge.

C98 is the native utility token of the Coin98 platform which is used to pay services fees, as staking incentives, for governance, and unique membership rights.^[2][3][4]

Overview

Coin98 is a DeFi (Decentralized Finance) solution that allows users access to cross-chain swaps, staking and yield farming. It is a cross-chain liquidity protocol that aims to be the gateway from Traditional Finance (TradFi) to DeFi (Decentralized Finance).

The Coin98 ecosystem is a one-stop-shop for interoperable Defi lending, borrowing, and yield farming. It consists of a diverse range of DeFi products and services. Not only does the project aggregate liquidity from multiple sources, but it also offers a Crypto incubator service to bootstrap up-and-coming Defi projects.

The Coin98 network consists of many different elements. With several partnerships and integrations, the ecosystem brings together some of the biggest names in DeFi (Decentralized Finance).Coin98 Finance is elevating a vibrant global Blockchain and cryptocurrency world with three pillars: investments, technology and media; with three arms Coin98 Ventures, Coin98 Labs and Coin98 Network.^[5][6][7]

Coin98 Labs:

Coin98 Labs is a Defi product builder focusing on creating and developing a full-stack cross-chain ecosystem of DeFi protocols and applications on multiple Blockchain. Its mission is to fulfill untapped demand and enhance in-demand utilities in the Defi space, helping people access Defi services much more effortlessly.

Its two product development strategies are:

• Optimizing the user experiences of existing products
• Building innovative products to fulfill untapped demands.

The Coin98 Labs ecosystem is based on Coin98 Wallet, a crypto’s first cross-chain compatible wallet that allows DeFi users across many Blockchain networks to use DeFi services with a single wallet. After a year of launch, Coin98 Wallet has more than 200,000 users worldwide, supporting multiple Blockchain available on mobile, browser extension, and website.^[8]

Coin98 Key Components

1. Coin98 Wallet:

Coin98 Wallet is a non-custodial wallet used to store, manage, trade, swap multi-chain, multi-source digital assets. It supports the most popular chains, including BTC, ETH, TOMO, TRON, Binance Smart Chain (BSC), Solana, Polkadot, Kusama, HECO Chain, Near, Avalanche X-Chain & C-Chain, Binance Chain, Celo, BandChain, Kava, Terra, Cosmos, Thor, Fantom, Polygon, Persistence. Coin98 Wallet has both the Mobile App and the Extension version that act as a gateway, connecting users to the DeFi world.

2. Coin98 Exchange:

Coin98 Exchange is a Decentralized Exchange (DEX) and cross-chain liquidity aggregation protocol that allows users to swap, stake, lend, borrow, earn Cryptocurrency, and access a wide variety of DeFi services on multiple Blockchain at ease.

It aims to create the smoothest, most continuous, and seamless experience for DeFi users.^[9]

Multichain & Cross-Chain Support

In December 2021, Coin98 launched cross-chain bridge which enabled users to swap and transfer tokens across multiple networks. They started with C98 TRC21 (TomoChain) <> C98 BEP20 (BSC)via SpaceGate bridge and later added support for multiple networks including Ethereum, Polygon , Heco Chain, Avalanche, Boba Network and many others. Currently
It has integrated natively 15 leading DEXes on 9 various robust blockchains, including majors like Uniswap, PancakeSwap, Quickswap, MDEX, Kuswap, SpiritSwap, SpookySwap OolongSwap and many others.^[20][21][22]

3. Coin98 Portfolio

Coin98 Portfolio is the 2nd product built by Coin98 Labs. It assists users in managing portfolio assets on different blockchains without requiring an Import Key. Coin98 Portfolio V1, at this point, allows users to track their wallets on the following chains: Solana, Ethereum, BSC, HECO, Avalanche C-Chain, Tron, TomoChain (TOMO), Near, Polkadot, Kusama, Celo.^[10]

4. Coin98 Markets:

Coin98 Market is a Defi tool of Coin98 Exchange ecosystem, that aggregates real-time, detailed, and useful market data assists users in monitoring the market changes and fluctuations.

Currently, users can easily look up reliable information for different 9,000 Cryptocurrencies across more than 635 exchanges. Via Coin98 Markets, users can gain understanding and objective perspectives of a coin/token to make appropriate investment and trading decisions.^[11]

5. Coin98 Terminal

It is a powerful DeFi toolkit which incorporates a suite of Multi-Send, Token Issuer, Solana Migration, Wallet Approval. These tools helps users to get hassle-free DeFi experience on Coin98 Platform.

6. Coin98 DApps Browser

Coin98 offers a multi-chain browser for various decentralized applications (DApps). Currently, Users have access to any Dapp on more than twenty blockchains including Ethereum, BSC, HECO Chain, Solana, Avalanche (C-Chain), Polygon, Fantom, TomoChain, OKExChain, GateChain, xDAI Chain, Klaytn, KardiaChain, Celo, Optimism, Arbitrum, Boba Network, Kucoin Chain, Near and various EVM Custom Networks. ^[25][26]

7.Coin98 Staking

Coin98 platform offers passive income for the C98 token holders by involving in coin98 ecosystem. The coin 98 Staking plans ranges from minimum 1k to maximum 1m C98 token holdings. Once a user stakes his tokens, it remains locked for the staking duration opted. After staking ends, users can unstake and receive earnings directly to their wallets. Important to note that, the stakers are unable to unstake in the first 15 days. If a user unstakes before the expiration date, he/she will only earn a fixed 2.0% floating interest rate, no matter what types of staking plans they invested in. Additionally staker gets an exclusive NFT staking card. For each staking plan, there is a unique NFT card. There are total nine classes of NFT Staking Cards. Users need to take into account that the NFT card is also a proof of the user's staking, so the transfer of the NFT card means transferring staked assets. Current Staking Plans are tabled below-^[27]

C98 Tokens	3Months	6Months	12Months
1K-10K	6%	8%	12%
10K-100K	5.4%	7.2%	10.8%
100K-1M	4.8%	6.4%	9.6%

7.Coin98 Vault

Coin98 Vault is basically a contract designed for storing and automatic token distribution; to allow for a step-by-step decentralization process as entrusted with deployed smart contract code. Using it, it becomes easier to claim and manage tokens from different chains.^[28]

Coin98 Super App

It is a multifeatured Application built by Coin98 to help users all-around the globe to experience crypto world safely and securely. The app not only offers essential services such as
non-custodial, multi-chain NFT & cryptocurrency wallet, but additional it has many interesting features like Inbuilt DEXes, Cross Chain Bridges, Dapp Browsers for various networks. It also gives users opportunity to earn via Attractive Earn, Gift and Campaigns. The Coin98 Super app is available for Android and iOS mobile platforms. On desktop, the user can access it by downloading an extension for Chrome or Firefox browsers. Alternatively, there is web version available as well. ^[23][24]

C98 Token

C98 is the native utility token of the Coin98 DeFi platform, powering the entire Coin98 Finance ecosystem. It has a circulating supply is 185,000,000, which is the same as the total supply. The maximum supply of C98 is 1,000,000,000.

The C98 token is supported on Ethereum, Binance Smart Chain (BSC) and Solana, and exists as an ERC-20, BEP-20 and SPL. C98 is available on multiple exchanges, including Binance, FTX, KuCoin, Crypto.com, PancakeSwap and SushiSwap.^[12]

Coin98 Token Use Cases:

• Platform Service Fees: Users are required to pay a small fee for each transaction successfully done on the Coin98 Exchange, Which is paid using the native C98 token.
• Staking Incentives: Users of the Coin98 crypto ecosystem are incentivized to become liquidity providers using Coin98 staking options to lock up a variety of digital assets into automated market maker (AMM) pools. By providing liquidity, or participating in liquidity mining across the various Coin98 staking options, users can earn a passive income by locking up funds and receiving C98 tokens in return.
• Governance: C98 can also be used to govern the Coin98 ecosystem. C98 token holders may propose and vote on governance proposals to determine features and/or parameters of the Coin98 Exchange and its products. By participating in the platform’s governance model, users can commit C98 tokens to vote on new features and changes to various protocol parameters throughout the Coin98 crypto network.
• Unique Membership Rights: C98 Token holders are arranged into a tiered system that provides access to exclusive privileges and premium events, based on the amount of C98 held. Users in higher tiers will gain exclusive access to premium events and privileges, such as priority for Coin98 launchpad participation and marketing events with strategic partners.^[13][14]

Token Allocation:

Token Name	C98
Binance Launchpad Sale	5% of the total Supply
Seed Sale	5% of the total Supply
Strategic Sale	15% of the total Supply
Team	20% of the total Supply
Advisor	2% of the total Supply
Treasury	12% of the total Supply
Ecosystem Growth	21% of the total Supply
Community Development	20% of the total Supply[15]

C98 Token Release Schedule:

• Ecosystem Growth: 4 years vesting, 30% release at TGE (Token Generation Event), linear unlock starting from the 2nd year.
• Community Development: 4 years vesting, 30% release at TGE (Token Generation Event), linear unlock starting from the 2nd year.
• Team: 4 years vesting, 1 year cliff, linear unlock starting from the 2nd year.
• trategic Sale: 2 years vesting, 1 year cliff, linear unlock starting from the 2nd year.
• Treasury: 4 years vesting, 10% release at TGE (Token Generation Event), 1 year cliff, linear unlock starting from the 2nd year.
• Seed Sale: 3 years vesting, 1 year cliff, linear unlock starting from the 2nd year.
• Binance Launchpad Sale: 100% release at TGE.
• Advisors: 3 years vesting, 1 year cliff, linear unlock starting from the 2nd year.^[16]

SpaceGate (Cross-chain Bridge)

SpaceGate Cross-chain Bridge allows users to swap and transfer tokens across multiple networks. Starting with Coin98 Wallet Ver 10.5.0, users can convert C98 TRC21 (TomoChain) <> C98 BEP20 (BSC)via SpaceGate.

It is an innovative cross-chain bridge protocol that facilitates the transfer of value across more than 20 blockchains and layer 2 solutions via the Coin98 crypto ecosystem. Also, Space Gate enables users of the network to access multiple blockchains, DeFi platforms, and decentralized exchange protocols. This includes Avalanche, Uniswap, SushiSwap, Elrond, Fantom, PancakeSwap, and Polygon.^[17]

NFTs

Coin98 Finance also supports NFTs through its non-custodial, multi-chain wallet. The Wallet support NFTs on Ethereum, Binance Smart Chain, and Solana. Starting with 8 torrid projects is Axie Infinity, My Defi Pet, Faraland, CryptoBlades, Sipher, Soltopia, Bold Badgers Squad, Sollamas NFT.

Coin98 Mobile Wallet is designed to bring users convenience to send, receive and manage all their NFTs in one neat place with the classy showcase. What is more, we aim to become one of the leading NFT marketplaces. The first step of this journey is to make NFTs interchangeable anytime and anywhere in the market, where users can buy and sell those kinds of NFTs through DApp Browser natively on Coin98 Wallet.^[18]

Founders

The platform was co-founded by Thanh Le and Vinh The Nguyen. Thanh Le was a serial entrepreneur and an early investor of ThorChain, Band Protocol, Alpha Finance, and more.

Vinh The Ngyuyen is the co-founder of Kytek Software, a company which helps to review and build applications. Khiem Dang is the CTO, who is also a co-founder of Kytek Software.^[19]

Roadmap

The Coin98 Finance Roadmap includes 4 Phases:

Phase 1:

Single-Chain Swap only.

Phase 2

Market Expansions on different blockchains (Ethereum, BSC, Solana, Avalanche,…), simultaneously Bridge development to move assets between those chains.

Phase 3

Develops Smart Route on each Blockchain, offers users the best rates and low slippage without requiring them to visit each AMM at a time to finish transactions.

Phase 4

Connects native assets through Smart Route on different blockchains, forms a fully mature cross-chain crypto market.