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Waves is a worldwide open-source platform for decentralized apps that was launched in 2016. Waves intends to make the most of blockchain while leaving a small carbon footprint, based on proof-of-stake consensus.Waves' technological stack can be used in a variety of applications that require security and decentralization, including open banking, personal identity, sensitive data, and many others. It allows anyone to create apps, resulting in widespread blockchain use.WAVES is Waves' native token, which has an unlimited supply and is utilized for routine payments like block rewards.