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Stacks (STX) is a cryptocurrency designed to bring smart contracts and decentralized applications to Bitcoin. It operates as a layer-1 blockchain that enables developers to build on Bitcoin's security while leveraging its existing ecosystem, effectively enhancing Bitcoin's functionality without altering its core protocol.
Tokemak (TOKE) is a decentralized liquidity protocol that aims to facilitate the efficient allocation of liquidity across various decentralized finance (DeFi) platforms. By allowing users to pool their assets and earn rewards, Tokemak enhances liquidity availability while providing a mechanism for users to control how and where their liquidity is utilized.