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ROOT
1. Summary
- Description
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Root is DeFi's unified SuperApp, consolidating next-gen protocols for a simplified user experience by providing a secure and decentralized environment for digital asset management, trading, and interoperability.
Root is DeFi's unified SuperApp, consolidating next-gen protocols for a simplified user experience by providing a secure and decentralized environment for digital asset management, trading, and interoperability.
The Root Protocol is a comprehensive system designed to address key challenges in the decentralized ecosystem, including interoperability, data fragmentation, and complex user interfaces. It consists of several core components:
Components
- Root Operation Executor: Handles the execution of aggregated user operations across different blockchain networks.
- Root Chain (Rollup): Supports the Ethereum Virtual Machine (EVM) and natively integrates the Root Abstract Account.
- Root Account: Manages digital identity and assets across various platforms.
- Root Protocol Indexer: Facilitates the optimization and proof of operations.
Additionally, the Root Protocol introduces the concept of Omni Protocols, which encompasses various functionalities such as decentralized exchange (Root DEX), lending (Root Lending), and graph operations (Root Graph). These protocols aim to deliver a streamlined user experience across multiple Web3 platforms.
Key Features
- Unified User Interface: Simplifies the management of digital assets and interaction with different blockchain platforms.
- Interoperability: Facilitates seamless communication and asset exchange between various blockchain networks.
- Decentralized Identity Management: Securely manages user identity and digital assets across different platforms.
- Gasless Multi-Chain Environment: Allows users to manage assets on multiple chains without worrying about gas fees.
- Omni Protocols: Offers a range of decentralized services for a seamless user experience.
Throughout its ecosystem, Root Protocol prioritizes user-centricity, security, and interoperability to enhance the overall usability of the decentralized web.
Price | |
52W High price | $0.27 |
52W High date | 31st Oct 2023 (1 year ago) |
All Time High (ATH) Date | 12th Dec 2024 (2 months ago) |
All Time Low (ATL) Date | 12th Dec 2024 (2 months ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $896.00 |
How does ROOT's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
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No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://root.credit/ |
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Explorer | https://etherscan.io/token/0x8d2658e0f52df7875a7b3... |
Forum | https://rootdao.substack.com/ |
What is the correct contract address for ROOT?
Ethereum | 0x8d2658e0f52df7875a7b3e58fc12f82f5e34dd61 |
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Has ROOT been audited for security?
No security audits found for this project.
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