DeFi
In 2020, the " DeFi Summer" left people fascinated by the charm of Decentralized Finance, and also brought the Ethereum ecosystem to the forefront of crypto space. Let us show you here how to play with the DeFi "Money Legos".
VVS Finance is a DeFi platform based on the Cronos blockchain, focusing on user empowerment and security.
Lyra Finance is a project within the Synthetix ecosystem, an options market built on Optimism and Arbitrum. The protocol employs a pool-to-pool trading model, where liquidity providers (LPs) act as counterparties to options and share in the transaction fees. Building upon the Black-Scholes model, the Lyra Automated Market Maker (AMM) model considers the impact of options supply and demand on price, adjusting the implied volatility through various parameters. This acts as a balance for uncovered positions, preventing excessive one-sided positions from causing LP losses.
The team has introduced dynamic fees and relevant circuit breaker mechanisms for LP risk management. The official website integrates Synthetix and GMX protocols, enabling LPs to hedge their own trades and achieve near delta neutrality in their risk exposure.
Established in 2019, GALA Games was envisioned to be a gaming platform on the blockchain. With consistent research and collaborations over the years, the platform has offered its players a vast and diverse array of blockchain games. Now, GALA Games can be likened to the 'Steam' platform of the blockchain industry, earning its title through not only the magnitude of its platform but also its wide user acceptance.
MOBOX is a community-driven GameFi platform, built on the BNB chain, integrating the advantages and characteristics of DeFi, NFTs, and GameFi.
The platform's token, $MBOX, delivers a mature Play-to-Earn mechanism, while the combination of DeFi and NFT offers players entertainment and fun. The platform itself employs financial mechanisms and gaming systems to grant players corresponding benefits, creating a truly unique, sustainable, and economically well-circulated ecosystem.
MUX Protocol is a decentralized derivatives trading platform deployed on BSC, Avalanche, Arbitrum, Optimism, and Fantom. It supports up to 100x leverage, with an overall mechanism similar to GMX's. The Protocol's uniqueness lies in its shared multi-chain liquidity and built-in contract trading aggregator.
Stader is a decentralized multi-chain liquidity staking platform that allows third parties to easily build custom solutions by constructing modular smart contracts. Currently, Stader has enabled liquidity staking on chains such as Hedera, Polygon, BNB Chain, Fantom, NEAR, and Terra 2.0, allowing users to stake tokens and earn returns.
In the future, Stader plans to expand its staking services to Ethereum, Avalanche, Solana, and Aptos, among other public chains. By extending its presence to multiple chains, Stader aims to provide a user-friendly liquidity staking service with low entry barriers, thereby assisting users in optimizing their capital efficiency.
Since its launch, Opyn has been committed to developing its growing ecosystem that encompasses not only structured products, but a series of development tools and templates to provide developers with resources. Opyn V2 has now become the underlying protocol for structured option products, giving full play to the composability of DeFi. The core product, Squeeth, pioneered the concept of Power Perpetual and tracks the square of the ETH price. It simplifies on-chain calculations for options while offering users positive convexity in return, making it a new attempt in the options market.
NEM is a novel blockchain ecosystem composed of networks and tools, designed to solve the problem of blockchain interoperability and enable cross-chain interactions between different blockchains.
Mask Network is a decentralized application that offers private and secure messaging, transactions, and access to decentralized applications on the Ethereum blockchain.
Cosmos is a novel blockchain ecosystem composed of networks and tools. It is designed to address the interoperability issue of blockchain, thereby enabling cross-chain communication between different blockchains.
How can beginners understand DeFi protocols through indicators as an investment reference? Remember these six indicators.
This article introduces six data indicators that measure the development of a DeFi project: FDV, TVL, DAU, P/S, collateralization ratio, and trading volume.
Pendle Finance is a fixed-rate derivatives protocol deployed on Ethereum and Arbitrum, which tokenizes future yields by separating the principal from the interest.
API3 is a decentralized API infrastructure that enables smart contracts to interact with real-world data, offering a reliable and secure way to connect decentralized applications with off-chain data sources.
Kaspa is a proof-of-work blockchain that provides the world's fastest and most scalable transactions with instant confirmations, ensuring security and decentralization.
Google Drive and DropBox. But what if you could store your files in a decentralized way? This article explains this in detail.