Crypto Great | Bitcoin | DeFi

2021-12-10 11:47:00 ​​Balancer (BAL)

Balancer is an automated market maker (AMM), built on the Ethereum blockchain, that allows users to trade and create liquidity pools with up to 16 different tokens.

These Smart Pools are controlled by a smart contract.

Additionally, pools can be made up of 2–16 tokens, and can be customized to represent the desired ratio of each token in a pool. On traditional decentralized exchanges (DEXs), liquidity pools are smart contracts that balance groups of tokens against each other, “pooling” them together to calculate a market price for each token. Traders are continuously rebalancing these pools and generating fees for liquidity providers (LPs) whenever a trade is executed.

Unlike Balancer, when these pools are created, they cannot be altered or adjusted. Tokens that are included in the pool and the
trading fee amount cannot be changed or removed. Smart Pools expand the utility of the Balancer protocol. These will create a new generation of liquidity pools, enabling pool creators to regularly adjust their pools even after launching. Since users will not have to create a new pool for every adjustment, creators will save on gas fees, while also being able to easily respond to market conditions, and increase profitability.

Recognizing that the NFT marketplace can be greatly improved by these pools, on August 26, Balancer Labs awarded a grant to Spectre to build a new type of liquidity pool for NFTs. Spectre is built on the Spectralization Bootstrapping Pool (SBP), a Balancer Smart Pool. These Smart Pools allow owners to customize the pools to meet their specific needs.

Spectre enables anyone to mint Ethereum standard (ERC-20) tokens, backed by NFTs, to create a liquid and permissionless art market. Spectre opens up NFT ownership to the masses by turning previously exclusive NFTs into fungible and liquid assets anyone can buy, sell, pool and govern.

NFT illiquidity and lack of price discovery is a problem. Balancer’s configurable pool architecture helps Spectre enable a liquid market infrastructure for early liquidity providers (minters) to align with buyers and sellers. With Balancer, Spectre can create a decentralized and permissionless market without sacrificing liquidity.

Thanks to Balancer Labs, users can trade fractionalized art tokens on Spectre without worrying about high slippage or unfair prices. This collaboration marks a shift towards a more reliable NFT market and expands Balancer’s ecosystem. Open / Comment

2021-12-08 17:44:46 $GOGO Fair launch on Copperlaunch (Polygon) is LIVE and running!

Participate NOW Here!

Why you should NOT MISS this opportunity?
GOGOcoin is constructing the most user-friendly open source DeFi protocol for asset management and savings, and the first to enable segregated funds on-chain.
Doxxed Team with a Decentralized legal structure in Switzerland
Advisor board including the biggest names from the ecosystem
Game-changing UX/UI Design for the easiest DeFi experience out there

What’s to come?
NFT Staking
NFT Smart Vaults with non-custodial keyless wallet proxies
Managed vault strategies with segregated funds.
One-click access to DeFi

For airdrops and first-mover advantage join our community and tell your friends about https://t.co/0DNV0Df19T

Don’t miss out! Fair Launch ends soon Open / Comment

2021-12-08 11:45:00 ​​Aave (AAVE)

Aave is a decentralized lending protocol that lets users lend and borrow cryptocurrency.

Over the past few months, Aave has been battling with Curve for the most Total Value Locked (TVL) in DeFi. With Aave currently number one, it has over $13.34 billion locked in its protocol which has increased 47% in just two months.

Other protocols are quickly learning if you want to be a leader in dApps, you need to support all types of blockchains, sidechains, and parachains.

Aave isn’t showing any signs of slowing down in its efforts to expand, as it will soon go live on the Avalanche (AVAX) network. On August 18, the Avalanche Foundation announced it had allocated $180 million for a liquidity mining incentive program to attract more users to its rapidly growing ecosystem. The Avalanche chain is made up of multiple blockchain networks. It has a vast network of validators securing its proof-of-stake consensus mechanism which allows for fast, low-cost and green smart contract execution.

Over a three-month period, the Avalanche Foundation has allocated $20 million of its native token AVAX for Aave users and $7 million AVAX for Curve users. Additional mining rewards are planned for Phase 2 in the coming months.

Deploying Aave and Curve on Avalanche encourages high-speed, low-cost, and more diverse options for DeFi users. Aave allows
users to supply and borrow crypto and earn interest on tokens supplied to the protocol. Curve will enable Avalanche users to exchange stablecoins with low fees and low slippage, covering a wide range of stablecoins and using pools to provide rewards. Deploying on multiple chains and providing incentives will increase use cases on Aave’s platform and will continue to solidify its place as one of the top protocols in DeFi and leading the space in TVL.

Aave is an important utility in the DeFi space and the usage on the network has been positively affecting the AAVE token as it is currently trading at 388$ and up 42% in the past two months. Open / Comment

2021-12-07 22:54:59 Crypto Great | Bitcoin | DeFi pinned a photo Open / Comment

2021-12-07 21:53:50 Today we surpassed the milestone of 100,000 Tedefi Exchange users!

Expected Price at the end of December: ~$0.5$ + 495%

This Week completed updates:

TrustWallet Integrated
Metamask Integrated
Minor bug fixes

Next two weeks plan:

P2P Transfers Inside TedefiBot
New trading pairs implementation
Staking Airdrop announcement

@TedefiBot

First Live Exchange for Trading based on Telegram
LIVE CHART TEFI COIN BASED ON BINANCE CHAIN I

Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @Tedefibot.

Tedefi Chart
7 Days : +20.70%
30 Days : +190.70%
Expected Price at the end of December: ~$0.5$ + 495%

@TedefiBot Features
Live Chart Inside Telegram
Referral Program without verifications
Instant Withdrawals inside Tedefi Exchange


Useful Links
Website Tedefi.com

#Unique Telegram-Based Technology Open / Comment

2021-12-06 12:06:54 Uniswap (UNI)

The Uniswap protocol facilitates automated transactions between cryptocurrency tokens through the use of smart
contracts. It’s one of the largest and most popular decentralized exchanges (DEX) on the Ethereum network.

Last month was significant for Uniswap, as it passed an exciting milestone… Becoming the first DEX to generate more than $1 billion in fees for liquidity providers.

On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, posted a chart showing the details of the fees generated from both Uniswap’s V2 and V3 surpassing $1 billion since its launch in November 2018.

DEXs are an important tool for the DeFi ecosystem. In traditional services, liquidity comes from a centralized entity and the fees generated from trading go to the company’s treasury. But in DeFi, you can be the liquidity provider and be a part of the DeFi network while also generating rewards from fees.

Last month was also significant for Ethereum with its London upgrade going live and the implementation of EIP-1559 and its base-fee burn mechanism.

Uniswap is not only one of the top DEXs in the world… But it’s also a leader in reducing the supply of ETH. Uniswap ranks second with the most Ether burned by a dApp. Over 400 Ether ($1.36 million) has been burned by the protocol, according to data from Ultrasound money which it acquired directly from Ethereum’s public ledger.

Uniswap is critical for the evolution of DeFi… And to be a holder of the UNI token is a powerful tool for DeFi users, as it governs and decides the future direction of the protocol. Open / Comment

2021-12-03 18:05:27 Introducing GOGOcoin, the NFT/DeFi crossover on a mission to onboard the next big wave of users to DeFi by making DeFi easy!

They are constructing the most user-friendly open source DeFi protocol for asset management, savings and the first to enable segregated funds on-chain.

$GOGO Token Fair Launch on Polygon via CopperLaunch: Dec 7th
Doxxed Team with a Decentralized legal structure in Switzerland
Advisor board including the biggest names from the ecosystem
Game-changing UX/UI Design for the easiest DeFi experience out there

What’s to come?
NFT Staking
NFT Smart Vaults with non-custodial keyless wallet proxies
Managed vault strategies with segregated funds.
One-click access to DeFi

GOGOcoin is celebrating their token fair launch with $50,000 worth of $GOGO tokens!

The giveaway begins today @ 2:00 pm UTC and ends on Dec 7th!

Hurry, don’t miss out on this massive opportunity to get early access to the GOGO verse!

Participate here, NOW Here! Open / Comment

2021-12-03 11:45:00 ​​KeeperDAO (ROOK)

KeeperDAO is building a decentralized protocol for “Keeper” and “Hiding” strategies that will help make Ethereum a more secure, fair, and profitable network for all.

Since June, we’ve been following the development of the KeeperDAO governance. KeeperDAO wants to move as fast as it can to completely decentralize its technology.

We also introduced Act III and the first steps towards decentralization by introducing k-Compound to the Hiding Game – a system which allows users to hide and re-distribute value usually lost to network miners.

In our July portfolio update, we mentioned the DAO launch was soon to come and that a lot of research was going into unique ways to model the DAO from historical and modern governance models.

With KeeperDAO, one thing is clear… It does not take governance lightly. And it highlights the downfall of releasing an incomplete or rushed idea and how these mistakes can help incite the next DeFi hack.

With that in mind, KeeperDAO is introducing the next step in becoming fully decentralized. Enter Act IV: the Coordination
Game. The major focus of this Act is the development to coordinate the network of users, governors, partners, and Keepers together to generate its value.

Coordination Game’s main focuses are onboarding key stakeholders, rolling out governance, and adding features to existing products for users.

Act IV will launch KeeperDAO into an exciting phase of development. The Coordination Game will bring the final touches needed to push through with live testing of upcoming benchmarks.

As the protocol develops in collaboration with the launch of the KeeperDAO governance and proposal of the first Keeper Improvement Proposal (KIP) in the organization, the DAO will emerge.

Finally, The KeeperLabs and Core teams will be providing the tools necessary to make integration easier and provide the best experience possible for DeFi users by continually making improvements to the KeeperDao ecosystem. Open / Comment

2021-12-01 11:48:00 Compound (COMP)

Compound is an algorithmic, autonomous interest rate protocol built for developers and designed to unlock a universe of financial applications.

On July 12, Polychain Capital proposed to add Maker (MKR), Aave (AAVE), SushiSwap (SUSHI), and Yearnfinance (YFI) to Compound’s lending and borrowing platform. These four coins are each considered blue-chip DeFi tokens and as such, are logical additions to the protocol. Each token will have the same interest rate model and a zero collateral factor initially.

While these assets can be seen as competitors to Compound, the nature of a decentralized autonomous organization (DAO) allows the community to implement any proposal they feel will have a positive effect on the platform.

With 100% of votes in favor, it only took six days after the initial proposal for developers to implement the assets on the platform. Aave, Yearnfinance, Maker, and SushiSwap all officially went live on the platform on July 18. This allows users to lend and borrow these assets from a decentralized application.

In less than one month since the launch of these assets on compound, these four projects already have over $16.4 million collectively locked in the protocol.

Just weeks earlier, another proposal passed that would lower the governance proposal threshold from 100,000 COMP to 65,000… which reduces the difficulty to create new governance proposals.

DeFi users love when developers are quick to implement proposals from the community. It shows strength in the project and benefits the ecosystem.

The COMP token continues to show its utility on the network. As more proposals are made, the COMP token will continue to have strong demand as it powers the ecosystem. Open / Comment

2021-11-29 16:30:20 Badger DAO (BADGER)

Badger DAO is dedicated to building products to bring bitcoin to DeFi.

The latest way Badger DAO aims to achieve this goal is by bringing interest-bearing bitcoin (ibBTC) across multiple chains. Adding different ibBTC pools will further increase the liquidity of bitcoin on Ethereum and other chains, making it easier to swap assets. This also incentivizes liquidity to the Badger ecosystem through added rewards.

Badger DAO recently rebalanced the composition of collateral assets to increase yield for ibBTC along with reducing underlying risk of certain synthetic BTCs.

As part of rebalancing the protocol, it has added new vaults to the ibBTC basket. Badger also anticipates additional Curve optimizer vaults will be incorporated.

Similar to Curve’s optimizer strategy, these will leverage Badger’s other vaults, but will not sell its CRV rewards… instead it will only lock and stake them.

This is further dedication to support Curve and ensure there are no concerns from the community, as rewards going to this pool won’t be sold.

Instead, Badger will maximize its rewards and boost its annual percentage yield (APY) to the existing Curve/BTC vault. Ideally this will help drive significant liquidity to this pool fairly quickly. With Curve’s cross-chain expansion to Polygon, Fantom, xDai, and other chains as they launch, ibBTC is an ideal asset for providing BTC pools and liquidity on these chains.

Currently ibBTC is available on Ethereum, Polygon, and Solana with the intention to expand to Fantom, xDai, Avalanche, and many others.

With over $30 million of liquidity across Solana and Polygon, this shows the potential for ibBTC pools on Curve’s cross-chain markets in the future. Open / Comment