Republic Protocol, best small cap

[Anonymous No.9160236]

Republic Protocol (Ren), #8 github ranking for commits and code progress for the past 3 months. Available on idex and okex, huobi coming soon as they are also an investor.

Republic Protocol is building a decentralized dark pool. They have already partnered with 2 liquidity partners and are adding even more. If the belief is true institutional money is coming to crypto, then a decentralized dex seems like the next logical step with even potentially low fees of .1% being a massive amount of btc/eth to node runners.

About Republic and the REN token: None other than Loi Luu that was involved in Ethereum, Kyber, Zilliqa, and now Republic advises the project. They are also backed by both Polychain capital, Signum capital, and Huobi with Polychain being the premier VC fund in the crypto space and Signum being another major fund.

The Republic Protocol uses cryptography to hide the order book and prevent malicious actors from potentially revealing it and you can view all progress on github.

The REN token has several utilities. The first is 100k REN allows you to run a node on a CPU in which you get a transaction fees for all the orders your node matches on the platform. Users can accept fees in eth, btc, or erc20 tokens. Additionally all traders are required to use REN as a bond to discourage malicious behavior on the platform.

Testnet coming next month, mainnet in q3 with btc, eth, and erc20 atomic swaps. Fiat is then coming in 2019 and being actively worked on. 4000 nodes is the limit, no more will be allowed and that means each node is essentially 1/4000 owner of the exchange.

Only a 35 million cap currently, with no loi luu or polychain project below 110 currently by MC. This one has both.