The post LysitheaVentures Partnership with Roseon appeared first on Smart Liquidity Research.

FINOA partnership with DLT Finance, they’re adding the trading functionality for selected Finoa Custody clients. You can exchange crypto and fiat by accessing a regulated trading venue directly from your account.

This step in opening up access to crypto services to institutional players is made possible by our partnership with DLT Finance AG, a German securities trading bank for crypto regulated by the Federal Financial Supervisory Authority.

They are glad to be servicing clients not just as a qualified custodian, but also as a provider of novel crypto services such as in-custody staking and brokerage, helping institutions get secure access to the growing crypto ecosystem.

How does it work? 

From your Finoa custody account, you can now transfer your assets into the DLT Finance hot wallet to trade. Once you’ve conducted your orders, withdraw the assets into Finoa’s qualified custody wallet to benefit from added security.

Please note that the DLT wallet is a hot wallet that carries additional risks from the Finoa Custody product. A separate contract will need to be sign between you & DLT Finance, which details the scope of the trading product.

To get started, fill in the form on the trading info page, and await your invitation from DLT Finance. After the KYC (Know-Your-Customer) verification, your Finoa account manager will help you connect the two wallets.

Trading via the Finoa Custody account is immediately available to all existing and prospective clients based in the European Union. Clients from all other jurisdictions are subject to a verification procedure and will be admit on a case-by-case basis. Finoa does not serve clients from sanctioned countries.

About Finoa

Finoa, Europe’s leading crypto-asset platform designed to fulfill the needs of institutional investors. The company serves high-profile investors throughout the world, including renowned venture capital firms, corporates, crypto hedge funds, and high-net-worth individuals.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post Finoa Partnership With DLT Finance appeared first on Smart Liquidity Research.

Aura Network & Matchbox DAO Strategic Partnership, Matchbox DAO, a leading ecosystem DAO to ignite and fuel on-chain games.

This collaboration represents a significant step forward in their efforts to build a more robust blockchain ecosystem that fully embraces the potential of Web 3.0 and NFTs.

Why Matchbox DAO?

Matchbox DAO is a Matchbox DAO is a game studio aimed at igniting and powering fully on-chain games. Founded in 2021, Matchbox DAO is a community-driven platform that enables members to collaborate on projects, provide funding for startups and initiatives, and participate in decentralized governance.

One of the critical goals of Matchbox DAO is to support and invest in infrastructure partners that can expand the scope of on chain games. Through a rigorous due diligence process and the expertise of its members, Matchbox DAO identifies and funds projects that have the potential to drive innovation and adoption in the blockchain ecosystem.

Matchbox DAO is also committed to promoting community-driven governance and transparency. Its members have a say in the direction and decision-making of the project, ensuring that it remains true to its values and goals.

A further step to the Gaming space

The partnership will enable them to explore new use cases for NFTs and Web 3.0 technologies, especially in gaming. Through this partnership, they will collaborate on various initiatives, including joint development efforts, community engagement programs, and cross-promotion activities. We will work together to explore new opportunities for innovation and growth in the on-chain gaming space.

At Aura Network, they also aim to enable the development of dApps by providing a built-in platform for developers to build, deploy, and interact with smart contracts. Matchbox DAO shares their vision for a more decentralized future & committed to enhancing the growth of the blockchain ecosystem through community-driven governance & funding.

About Matchbox DAO

Matchbox an ecosystem DAO to ignite and fuel on-chain games .

Matchbox helps game developers use the blockchain to produce novel experiences for their communities. To do so, they foster an ecosystem of builders passionate about gaming. They create technical infrastructure, produce written content, and engage in discourse. Matchbox DAO provides grants and mentorship allowing contributors to create on-chain games without financial concerns or contractual obligations.

Website | Twitter |

About Aura Network

Aura Network an ecosystem built to accelerate global NFTs adoption. Aura Network focuses on building the Internet of NFTs and bringing NFT and web3 to the masses.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post Aura Network & Matchbox DAO Strategic Partnership appeared first on Smart Liquidity Research.

Bifrost is launching vFIL, one of the first Liquid Staking solutions for the Filecoin Network. Staking is an essential component of the Filecoin ecosystem. Storage providers must stake a proportional amount of FIL, based on the computing power they provide, to ensure the stability of the network.

Filecoin Network

Since its mainnet launch in 2020, the network has attracted over 19.19 EiB of storage space. Thanks to its economic incentives and cryptographic measures that ensure the reliability of stored files over time. However, the project’s ambitions have not been fully realized: Filecoin continues to work towards achieving a “global hard disk” with more computing power.

One key strategy is to lower the entry barrier for new participants to achieve its goal. There are currently two barriers that potential Storage Providers must meet: high FIL staking cost and physical storage operating costs.

To ensure the stability of the network, all Storage Providers must stake a proportional amount of $FIL based on the computing power they provide. In the event of offline storage or data loss, Storage Providers face a Slash penalty.

Each sector packaged for storage providers requires hard drives and stake tokens. Overall, the staking cost of FIL accounts for 80% of the cost structure of storage providers, whilst the cost of physical storage operations (including hard drive purchase, depreciation, maintenance, iteration, electricity, network deployment and network fees, etc.) accounts for only 20% of the cost.

Thus, the difficulty in FIL acquisition could deter potential storage providers from entering this field or stop everyday users who hold FIL from earning more via operating their own devices.

Liquid staking solutions present possibilities for breaking down these barriers. We can overcome both hurdles with liquid staking, which is also facilitated by Filecoin’s recently launch of FVM, a Filecoin-based virtual machine environment that allows developers to deploy smart contracts directly to Filecoin.

Liquid Staking

Liquid staking is a rapidly growing alternative to locking up a users’ tokens and contributing to the security of PoS blockchains. PoS chains require stakes from nodes in the network to maintain their security, and there is a waiting time before unstaking allows for the retrieval of staked assets. This imposes an opportunity cost on the node and the pledgee delegating to the node. Liquid staking provides stakers with increased liquidity and capital efficiency.

Bifrost – Omnichain LSD

Bifrost, a leading permissionless cross chain liquid staking protocol for staked assets, has leveraged liquid staking to provide opportunities for multiple asset types through its SLP (Staking Liquidity Protocol) protocol. Through the protocol, Bifrost mints liquid staking derivatives (LSD), vTokens, enabling users to participate in staking without losing liquidity.

Bifrost SLP will release a new LSD asset, vFIL, which supports full-chain LSD extensions. With vFIL, Bifrost will become the liquid staking service provider for the Filecoin ecosystem & extend the base layer of Filecoin.

vFIL Mechanism

Bifrost’s non-custodial liquid staking solution allows users to stake their FIL and receive vFIL (voucher FIL) in exchange. vFIL is one of the voucher tokens in the Bifrost vToken set, representing the liquid-staking token of staked FIL.

By using the bridge between Filecoin and Polkadot, vFIL can exist in EVM and Substrate asset formats, simplifying the operativity between the Polkadot and Filecoin FVM ecosystems. The underlying mechanism behind vFIL is run by the Bifrost SLP.

vFIL holders will also receive an ongoing share of FIL revenue. While storage providers can expand their storage capacity in this way, without focusing on staking requirements.

Revenue Structure

The storage provider’s revenue is divided into three main components:

1. Storage revenue – The storage provider earnings for storing data for Filecoin users. After gaining storage revenue, the system locks it and unlocks it linearly over 520 days.
2. The participation reward for the consensus nodes of the Filecoin network.
3. Gas fees.

Revenue Allocation

The storage provider and the vFIL holder will receive a portion of the revenue, with the storage provider earning ~60% and the vFIL holder receiving ~40% (as defined by the storage provider). The vFIL’s revenue portion shall be compounded automatically as interest and represented in an upward adjustment of the exchange rate.

Consider the following example with an accumulation return of 5%. By staking initially 1 FIL, users acquire a 5% return on their initial principal. With this system in place, the swap rate will automatically adjust upward so that each vFIL equals 1.05 FIL returns — allowing users to reap increased rewards from providing liquidity. The payout mechanism eliminates the need for users to manually claim and compound their earnings, providing a hassle-free experience for vFIL holders.

If another user were to stake 1 FIL at this time, they would only receive ~0.9524 vFIL, which would be fair to any user casting or redeeming at any point in time.

vFIL Benefits

There are various advantages for users staking FIL and minting vFIL on Bifrost:

• Exposure to FIL native staking rewards whilst holding vFIL and having liquidity: vFIL’s price attribute will mimic FIL; therefore, vFIL will fluctuate with the rise and fall of FIL, however, vFIL’s price will rise relative to FIL because of the accumulation of staking income.
• Automatic compounding of staking rewards: without any operation, the rewards will be automatically re-commissioned and compounded.
• Access to liquidity with Flexible trading: vFIL is tradable at any time in the secondary market, holding vFIL users will not have any liquidity risk.
• Advance earnings: Although storage revenue takes 520 days to unlock linearly, the price of vFIL reflects unissued earnings in advance, with a discount rate.
• Fast Redemption: Users can redeem their underlying FIL with rewards whilst vFIL is destroyed by the protocol. The system places redemption requests in a queue and matches them with new mint requests to facilitate fast processing. This approach may still require a certain waiting period for the user initiating the redemption. However, If the user wishes to redeem immediately, they can swap through the liquidity pool of vFIL/FIL on Bifrost.
• vFIL will have various LSD & #DeFi benefits, including trading, lending, and borrowing within Bifrost.

Finally, whilst users can earn staking rewards on their staked FIL, they will have the flexibility in participating in DeFi scenarios with vFIL within native Polkadot Substrate, EVM and Filecoin ecosystems.

What vFIL means for the Filecoin network

vFIL adds the following advantages, besides the FIL holder and Storage Providers benefits:

• As the capital threshold for storage providers decreases, more storage providers will join the network, boosting the overall computing power of the Filecoin network.
• vFIL will facilitate increased FIL staking in the network, improving the consensus security of the Filecoin network.
• They’ll write the delegation algorithm to skew delegation towards storage providers in regions with less arithmetic power to improve the balance of Filecoin’s arithmetic power in the geographic distribution and promote the arithmetic democracy of Filecoin.

The vFIL Launch Details

The vFIL issue based on the Bifrost SLP protocol and it will be implement in two phases:

Phase One – The Multi-Signature Phase

We’ll deploy vFIL using a multi-signature account on Filecoin and an off-chain EVM. The user will transfer FIL to the multi-signature address on the Filecoin chain. The off-chain EVM will notify the SLP module on the Bifrost chain to mint vFIL for the user. The amount minted depending on the current swap rate.

The multi-signature address will delegate the FIL to the storage provider, encapsulate the sector, and start generating revenue. During the multi-signature phase, the vFIL will liquid staking a hard top. Upon reaching the hard top, staking vFILs becomes impossible.

Phase Two – The FVM Phase

FVM is a virtual machine environment based on the Filecoin network. FVM went live on the Filecoin network on March 14. Allowing developers to deploy smart contracts on the Filecoin network directly based on FVM. VFIL will enter the second phase after they complete the development of the corresponding contracts. Which they’ll achieve full decentralization of vFIL based on FVM contracts. At that point, we’ll remove the vFIL minting hard top.

vFIL will obtain the investment opportunities of Filecoin and storage arithmetic to Polkadot and the broader chain-wide ecosystem. As an interest-bearing asset, vFIL will be a better underlying asset in the DeFi world, and vFIL holders will potentially reap multiple benefits in multi-chain DeFi.

About Filecoin

Filecoin a peer-to-peer network that stores files, with built-in economic incentives & cryptography to ensure files are store reliably over time. In Filecoin, users pay to store their files on storage providers. Storage providers are computers responsible for storing files and proving they have stored them correctly over time.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post Bifrost is Launching vFIL appeared first on Smart Liquidity Research.

Generate Synthetics using sfrxETH. Users are now able to deposit their sfrxETH positions as collateral on Metronome to generate synthetic assets.

TLDR:

• Users can now deposit sfrxETH as collateral on Metronome Synth
• sfrxETH is a Liquid Staking Token (LST) product by FRAX Finance
• sfrxETH enables users to leverage the staking power of Frax ETH validators to earn a yield
• Holding sfrxETH gives you a valuable stake in frxETH

Overview

Back in January, we announced our support for FRAX and vaFRAX on Metronome Synth. Now we’re teaming up yet again to integrate sfrxETH as a collateral asset. This will provide new farming opportunities, increase demand for sfrxETH, and enable Staked FRAX ETH holders to take on additional positions while still earning rewards.

What is sfrxETH?

Staked FRAX ETH is one of the newer players in the Liquid Staking Tokens game, and it’s already making waves. Designed as an ERC-4626 vault, sfrxETH enables users to leverage the staking power of Frax ETH validators to earn a yield on their frxETH tokens. The sfrxETH vault can seamlessly exchange your frxETH for sfrxETH at any time, giving you the power to maximize profits.

Over time, the exchange rate between frxETH and sfrxETH grows increasingly favorable as staking rewards are added to the vault. Holding sfrxETH gives you a valuable stake in frxETH, which is distributed proportionally among sfrxETH holders based on their share of the total sfrxETH supply. This means that as the value of the vault grows, so does the value of your sfrxETH holdings. So if you’re looking for a smart and efficient way to make your money work for you, Staked FRAX ETH is the perfect solution.

How to Deposit sfrxETH into Metronome

1. Visit the Metronome App
2. Select sfrxETH and click ‘Deposit’
3. Generate the Synth of your choice
4. Confirm the transaction and pay gas fees

For a more comprehensive and visual guide, please refer to our blog all about how to use the Synth Beta.

About METRONOME

A DeFi ecosystem powered by the Synth protocol, METDAO, and the MET Token

Website | Twitter |

Source

REQUEST AN ARTICLE

The post Generate Synthetics using sfrxETH appeared first on Smart Liquidity Research.

OAK Network incredibly excited to show off the cross-chain message passing capabilities of the Turing Network in partnership with Mangata. To offer auto-compounding of liquidity pool rewards on the MangataX decentralized exchange!

The OAK Network & Mangata are proud to be pioneering parachain cross-chain functionality for the Kusama & Polkadot ecosystems.

Introduction

After the $TUR successful bootstrap on the MangataX DEX. The Turing Network now offering technical functionality to auto-compound liquidity rewards for MGX liquidity pairs including $TUR:$MGX. The auto-compounding partnership between Turing and MangataX was established through the creation of key infrastructure. To allow XCMP calls across parachains to schedule future transactions. Firstly it will be use to auto-compound MGX liquidity pools but the infrastructure can still be used for even more advanced & complex actions.

The auto-compounding function utilizes the XCM compoundRewards call to schedule a future event on the Turing Network parachain which triggers an action on the MangataX parachain. By using the XCM protocol all user funds are secure and the action is completely non-custodial. The OAK team believes this impressive demonstration of the the key advantages for parachains on Polkadot & Kusama & the potential for XCM.

Using Auto-Compounding

The auto-compounding functionality allows developers to use Polkadot.js to set up automatic claiming of liquidity pool rewards on MangataX. Then automatically add the claimed rewards into a liquidity pool. Individuals may set their own percentage threshold and use the schedule parameter to choose to execute tasks at fixed times or recurring. Combining these actions creates a variety of use cases that we are excited to see how our communities utilize.

The Future

OAK Network is happy to be collaborating closely with Mangata to offer innovative new functionality to the ecosystem. MangataX continues to create more liquidity pairs, such as their recent listing of ZLK, and our team is excited to create auto-compounding for more parachain tokens.

Outside of MangataX the Turing Network & OAK Network is working to create automation and auto-compounding for other platforms and exchanges across Kusama & Polkadot.

About OAK Network

OAKNetwork layer one blockchain that enables multi-chain applications to automate single or recurring transactions using a simple transaction instruction. The OAK unlocks a diverse range of rich DeFi user experiences including scheduled and recurring payments, stable-cost-averaging, stop loss & limit orders, and non-custodial copy trading.

Twitter | Website |

Source

REQUEST AN ARTICLE

The post OAK Network & Mangata: XCM Liquidity Pool Auto-Compounding appeared first on Smart Liquidity Research.

Civilization Partnership With BabySwap. BabySwap one of the top rated DEX on #BnbChain, also supporting Baby #MetaFi including #AMM, #NFT, #GamePad and #Web3 for newborn projects.

What does our collaboration have in store for you?

BabySwap integration with CVL Wallet is underway

The CVL token listing in BabySwap is coordinated

Cross-marketing and mutual PR, as well as joint contests to increase the community of both projects.

CVL Wallet is the only multi-wallet you need. This partnership will make CVL Wallet even more convenient and more people will use it.

And also CVL NETWORK users will get one more tool to earn money with BABY SWAP FARM program.

About BabySwap

BabySwap an AMM+NFT decentralized exchange for newborn projects. Providing a more friendly trading experience and better project support.

Website | Twitter |

About Civilization

Civilization on a mission to revolutionize the stablecoin market by introducing a new non-pegged reserve currency called $CVL. This innovative new asset is design to solve the problems of centralization and censorship that plague traditional stablecoin assets on the Web3 platform.

One of the key features of $CVL is that it is supported by a diverse basket of assets, which helps to ensure its stability and value over time. This is in contrast to traditional stablecoins, which are often tied to a single national currency like the US dollar and subject to the whims of central banks and governments.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post Civilization Partnership With BabySwap appeared first on Smart Liquidity Research.

The Logic Behind AutoVault. AutoSingle launched the first AutoVault — Automated Delta Rebalancing Vault recently, providing one more option for USDC staking with juicy reward and limited downside risk.

Live performance of the vault is updated from time to time and there is no lockup period. Currently the vault is performing around 17% APY since the inception date, all in USDC!!!

Facts behind the Auto Delta Rebalancing Vault?

1. Where does the yield come from?

Unlike some other staking pools using the self token as reward (i.e. stake XYZ earn XYZ), the AutoVault collects the yield from the real on-chain activities: (1) trading fee associated with CRO/USDC swap on VVS, and (2) farming yield distributed by the DEX with further auto-compounding. Both the income will be ultimately converted to USDC & CRO (CRO portion in the AutoVault is dynamically hedged in a continuous way).

2. What are the expenses incurred for leverage?

The first Automated Delta Rebalancing Vault is leveraged in 3X. Leverage is an angel tool if it is used in the right way. Leverage brings more possibilities to yield farming by (1) enlarging the principal; earn multiple incomes, and (2) initiating a market-neutral setup; be resistant to price changes. One will have to pay interests in terms of CRO & USDC to borrow CRO & USDC respectively.

So frankly, doing 3x leveraged yield farming is a better-off in a steady market when:

3. Regardless of the income & expense factors, what does AutoVault do to stabilize the LP equity value along with token price movement?

Auto Delta Rebalancing Vault is under 3x market-neutral setup.

(Market-neutral: Number of CRO in LP = Number of CRO borrowed)

Thus there is theoretically no price exposure toward CRO.

Nonetheless, in practice, the equity value of the 3x LP does drop when the CRO price moves farther from the initial price, mainly due to the logic of the prevailing AMM model.

It is notable that the equity value loss is relatively insignificant (i.e. the slope is flat) around 0% and the marginal loss enlarges when the price movement goes farther on either side.

Our bot in Auto Delta Rebalancing Vault detects the right dynamic moments to execute the delta rebalancing (i.e. to rebalance the hedge amount) and shift the flat region to the next price range stabilizing the equity value of the Vault.

This action protects the downside and offers more time for the Vault to accumulate the inflow and provide long-term stable real return in USDC.

4. So, what is the nature of Auto Delta Rebalancing Vault?

Indeed, it is technically NOT yield farming with volatile reward and equity value!!!

Auto Delta Rebalancing Vault is a USDC Vault with the tactic built on top of yield farming and it stays largely neutral to the market!!!

You may look more into the backtest result in extremely volatile 2022 with the same rebalancing logic (result was based on real on-chain historical data):

The post The Logic Behind AutoVault appeared first on Smart Liquidity Research.

OwlDAO pool changes, they commits $25,000 to their stablecoin and Owl staking pools each month. These pools are Owl-Owl BSC pool, Owl-BUSD BSC pool, Owl-USDC Matic pool and Owl-USDC Fantom pool.

Retire Stablecoin Pools and Buyback More OWL

By March 21st, when current pool ends, they will retire their stablecoin staking pools.

That means, OwlDAO will commit $25,000 per month to buy back OwlDAO from PancakeSwap each month and refill their Owl-Owl BSC staking pool.

They believe this change will greatly strengthen our token price and serve their community better.

Please withdraw from stablecoin pools by March 21st and re-staking to Owl-Owl BSC reward pool.

For Polygon and Fantom holders please use owl.games Bridge to bridge your token to BSC chain for staking.

Reduced Transfer Tax

Currently the OWL token has a 10% tax fee, starting from today the xfer tax will be reduced to 5%.

Waived Fees for Relocation

From Feb 19th to March 31st, we will temporarily waive all deposit fees of all staking pools. They will waive all unstaking fees from all stablecoin staking pools.

Please double confirm that the fee is 0 before you proceed with the deposit/ unstaking operations.

Retire Polygon Tokens

After April 1st, they will retire their polygon tokens. We will remove the liquidity on Polygon and add them to other networks. Detailed plan on this will be released later.

Expand to Arbitrum or Ethereum

The team is evaluating the plan to add liquidity to Arbitrum or Ethereum network. Detailed plan on this will be release later.

About OwlDAO

OwlDAO the leading blockchain-based gaming provider for DeFi Projects. The DAO helps projects build their own Casinos to GameFi their tokens.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post OwlDAO Pool Changes appeared first on Smart Liquidity Research.

DFYN V2 Incentivized Testnet and grab rewards of over “1M $DFYN tokens”.

If you’ve been keeping tabs on our socials, you know that we’re getting ready to unveil something truly remarkable.

For those of you who need a refresher, here’s the recap-

They have been building Dfyn V2 in stealth mode for over 6 months and now after months of iteration and development we are finally just weeks away from releasing it. Dfyn V2 is a complete reorganisation of our technical infrastructure meant to address past shortcomings and introduce a plethora of new features and options.

If you want to know more about the changes we’re implementing, check out our last blog.

However, we are cognizant of the fact that adoption is just as important as development, when it comes to the ultimate success of such structural reorientations. Hence, in an effort to increase adoption and add a new dimension of purposeful engagement, we are introducing:

The Thunder of Clash: Live from (16th Jan 10:30 AM UTC to 28th Jan 10:30 AM UTC)

With this campaign we have essentially gamified almost every form of engagement with Dfyn V2 testnet. Whenever you successfully complete a task, you will be awarded some points.

As the difficulty of the tasks increase, so does the number of points accrued to your name.

Tasks & Rewards:

Here are all the tasks covered under this campaign along with the point distribution.

• Join the Guild: https://guild.xyz/routerprotocol (This a mandatory task and please use the same wallet to complete other tasks)
• Link to the incentivized testnet: https://testnet.dfyn.network/#/swap

Here are some additional pointers:

1. A user with more than or equal to 1600 points at the end of the tournament will get 1 $DFYN token for every 2 points earned.
2. A user with less than 1600 points at the end of the tournament will get 1 $DFYN token for every 3 points earned.
3. Users who complete all 8 tasks on all 12 days will get additional 2500 $DFYN tokens.
4. Top 1000 users in the leaderboard will be eligible for these rewards. In the event of a tie, the user achieving the end score first will be eligible for the reward.
5. UTC time will be applied to the competition.

Testnet Tokens:

Users can claim the testnet tokens here to test the product using the below links:

(Links will be added on 16th Jan 10:30 AM UTC)

With these series of activities, our sole intention is to incentivize you to experience the finest offerings that any DeFi tool has the capability of offering. Our team has tirelessly worked to isolate and rectify every single possible pain point that any DeFi user can face. Dfyn V2’s mainnet launch is imminent, and we can’t wait for you to see it in action.

Note: Minimal Transaction fees will be incurred to complete the above mentioned tasks since the competition will run on Polygon Mainnet with Testnet tokens.

About Dfyn

Dfyn’s vision is to become a one-stop solution for all trading-related activities. Dfyn is a fully decentralized multi-chain trading exchange that offers cross-chain swaps powered by Router Protocol and has now launched RFQ-based orders for better capital efficiency.

Website | Twitter |

Source

REQUEST AN ARTICLE

The post DFYN V2 Incentivized Testnet appeared first on Smart Liquidity Research.