Midas Capital Integrates Moonbeam. The integration will help users unlock the full potential of their assets through customized and isolated lending and borrowing pools. Moonbeam is a smart contract platform for cross-chain connected applications that unite assets and functionality from many blockchains. The addition of Moonbeam to the Midas Capital ecosystem will help users be a part of an environment that combines vast interoperability with familiar Ethereum-style wallets and addresses built on the power of Polkadot.

Building A Customizable Cross-Chain Infrastructure

Midas aims to build a highly rewarding ecosystem across chains for both developers and investors. For our developer-facing strategy, we are building a cross-chain native application using the best tooling available (Nomad, Connext, and LiFi) that has a fully integrated approach to building code, tooling, governance, product, and tokenomics. Our expertise allows us to consider the difficulties and tradeoffs of cross-chain development from the beginning and mitigate them upfront. We plan to contribute our dev tooling and mindshare back to the community.

Moreover, to maximize the potential of money markets for pool creators and investors through an external strategy, we are leveraging bridgehead chains, which are EVM chains sitting on top of a non-EVM environment. This will allow us to tap into the underlying ecosystems through the native cross-chain protocols and design of these chains, and create money markets that combine EVM assets with non-EVM assets.

To fully utilize the power of the Polkadot ecosystem, they plan to build XCM connections into their smart contracts that allow unique assets and yield-generating opportunities to be directly integrate into their lending pools.

As we democratize money markets for all, we offer:

• Users the opportunity to use any yield-bearing asset as collateral while continuing to earn rewards
• Developers white-label solution for major DeFi primitives with the ability to be integrated on any interface through the Midas SDK
• Pool builders to create their own money markets with customized parameters for any asset of their choosing, across chains & ecosystems
• A cross-chain ecosystem that offers stellar features for both the large-scale institutions and single investors

Bringing Midas Pools To The Moonbeam Ecosystem

With isolated money markets, Midas Capital enables individual users, DAOs, and treasuries to earn yield, collateralize, and lend all the top assets in the ecosystem. With a truly decentralized model, pool builders can build their own pools with custom parameters. Once an isolated pool created, users can build their own money markets for lending, borrowing, and liquidity mining.

Integration with Moonbeam a substantial boost to the Midas Capital ecosystem, where they are providing users to maximize their returns across chains & assets. With Moonbeam as our ally, users at Midas can now enjoy a scalable and rewarding ecosystem.

ERC-4626

Midas Capital also utilizes the new tokenized vault standard — ERC-4626, which is a standard to optimize & unify the technical parameters of yield-bearing vaults. It provides a standard API for tokenized yield-bearing vaults. Lowering the integration effort and unlocking access to yield in various applications with little specialized effort.

When used in combination with the Flywheel contract. It enables the deposits of the yield-bearing assets like LP tokens and staked tokens into a Fuse pool where users can still earn rewards while using the asset as collateral.

About the Moonbeam Network

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Like Moonriver, its sister parachain on Kusama, Moonbeam is expected to accumulate developer and user activity from the 80+ projects building DApps and protocols on the network.

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About Midas Capital

Midas Capital a new DAO within the Tribe DAO ecosystem, bringing Rari Capital’s Fuse pools to EVM compatible blockchains. Fuse a permissionless money market allows anyone to create customized and isolated pools for lending and borrowing any asset. Pool creators have the flexibility to modify various parameters according to their risk appetite.

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