Aurigami is a decentralized, non-custodial liquidity protocol. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Additionally, depositors provide liquidity to the protocol to earn a passive income, while borrowers are able to borrow in an over-collateralized fashion.

Depositors will receive continuous earnings (interest) on their deposited assets. The earning rates adjust algorithmically for each asset based on their independent market conditions.

The auToken is a representation of the user’s asset balance supplied to the Aurigami protocol. The auToken mint base on the underlying asset deposited to the protocol (auUSDC, auDAI, etc). The exchange rate between auTokens to the underlying appreciates as more interest is earns in the market.

Atmos AMO and Aurigami USDC pool

Atmos Protocol has the AMOs mechanism — automated market operations that include Collateral Investor and Protocol Earned Liquidity. Let’s talk about Collateral Investor.

The Collateral Investor moves idle USDC collateral to DeFi protocols (protocols can be added through governance).

Finally, they have approved that Atmos Protocol will deposit idle USDC into the Aurigami USDC lending pool.

Actions with the idle USDC

Once a user wishes to mint aUSD, he needs to deposit both USDC and ATM tokens based on the current Target CR. While ATM moves to the Protocol Earned Liquidity, idle USDC does not just lie on the contract, it automatically gets invest.

Moreover, the collateral invested with an instant withdrawal ability does not count as decreasing the protocol’s CR since it is always spontaneously available to the protocol.

The protocol automatically invests up to 85% of USDC collateral to generate passive income. Profit from depositing converts to ATM. The execution flow is both immediate and efficient in terms of maintaining the ATM price indefinitely, as the token is buy-back, and burnt.

Furthermore, collateral investment has the potential to provide a substantial income in addition to the benefits outlined above. In addition, both principal and interest can naturally expand ECR and contribute to the system’s long-term stability.

ABOUT AURIGAMI

Aurigami (PLY) enables users to lend, borrow, and earn interest with their digital assets. Depositors provide liquidity to the protocol to earn a passive income, while borrowers are able to borrow in an over-collateralized fashion. Aurigami is pioneering the concept of “Liquid Locked Tokens’’ to allow a DeFi-native solution for vested tokens. Aurigami is backed by top-tier investors such as Dragonfly Capital as well as Polychain Capital and is a proud recipient of Proximity Lab’s DeFi Grants.

Website | Twitter

ABOUT ATMOS PROTOCOL

Atmos is an entirely decentralize, open-source, permissionless protocol that operates on the Aurora chain. The protocol aims to provide an automated stablecoin mechanism, with
minimization of control and human influence, which brings decentralized and algorithmic
money to the entire space of the blockchain.

Website | Twitter

RESOURCES

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PinkPea Finance is a fully integrated seamless wealth maximizer solution on Aurora that allows any DeFi user to accomplish their financial tasks without intermediaries.

PinkPea Finance and Aurigami have joined forces to provide users with an additional 3,333,333 $PLY and 66,666 $PEA tokens for 30 days.

In the future, PinkPea Finance will continue to work with high-quality DeFi protocols in the NEAR-Aurora ecosystem to bring diversified, high-yield, and sustainable DeFi tools to their users.

Mining time: June 30th 8:00 — July 30th 8:00 (UTC)

Rules:

Users deposit USDC LP into the PinkPea Finance/Aurigami Partner Pool. The deposited assets will automatically lock for seven days, after which users can withdraw them at any time. PinkPea Finance will automatically deposit the USDC into Aurigami’s USDC Pool and reinvest the PLY rewards every 30 minutes.

The weighted average will calculate the unlocking time if users deposit additional new assets to their position.

Reward distribution:

50% of the PEA and PLY produced by Partner pools will be released immediately after receiving it. The remaining 50% will unlock every six days, with 5% within 60 days.

Notice: After users deposit assets into Partner Pools, they will not be able to enjoy Vaults rewards or Boost acceleration.

About Aurigami

Aurigami (PLY) is a decentralized, non-custodial, native money market on Aurora where it offers money market services such as deposit and collateralized lending, which enables users to effortlessly lend, borrow, and earn interests with their digital assets. Aurora is an Ethereum Virtual Machine (EVM) on the NEAR Protocol blockchain. Aurigami has developed the most gas-efficient lending market and is one of the top projects on Aurora by TVL.

Website | Twitter 

About PinkPea Finance

A Fully Integrated Aurora DeFi Optimizer, Seamlessly Yield, Lend, Leverage, and Loop. Within the PinkPea Finance ecosystem, users can quickly and efficiently complete everything they need without chain-hopping or fee-watching. Effortlessly save, compound, lend, borrow, trade derivatives and manage risk all in one place.Any DeFi user can apply multiple strategies to maximize their investments in one place.

Website | Twitter 

SOURCE: MEDIUM

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This is to celebrate the launch of their 12th IDO, Aurigami (PLY), they are excited to open up US$45,000 of Whitelist Allocation for PLY tokens! Their awesome community members can easily participate in their gleam campaign, subject to local rules and regulations.

There are several community tasks available that will help you increase your chances of winning the whitelist allocation. Flash entries during AMA roadshows are also available for bonus entries. You can earn a significant amount of entries by doing flash tasks during these AMAs.

Details of Event:

• 450 winners will be randomly selected at the end of the campaign.
• Each winner will be whitelisted and eligible, after passing KYC, to purchase US$100 (in USD value) of the PLY token during the IDO event. More details on the IDO to be announced later.
• Participants can increase their chance of whitelisting with multiple task submissions. Each task is worth a number of entries. The more entries you have, the higher the chance of getting an allocation.

To increase the chances for a spot in the whitelist allocation campaign, you must complete the tasks. See Source link below.

Aurigami Token Sale Details:

• Token Ticker: PLY
• Launchpad Sale Hard Cap: 550,000 USD (split into multiple pools)*
• – Standard pool: 250,000
• – Unlimited pool: 250,000
• – Whitelist allocation: 50,000
• Token Vesting: 100% distributed on day 1
• Token distribution: Airdropped directly to your Aurora wallet.
• Total Token Supply: 10,000,000,000 PLY
• Day 1 Circulating Market Cap: TBD
• Tokens Allocated to Impossible Launchpad: 110,000,000
• Public Sale Token Price: 1 PLY = 0.005 BUSD
• Listing Price: USD $0.005
• Token Sale Format: Staking Subscription
• Sector: DeFi
• Supported Staking Tracks: IDIA staking only
• Learn more via PLY Medium and Whitepaper

KYC requirements: Residents from countries or regions such as US, Mainland China, and UN-sanctioned countries are excluded from participating.

About Aurigami:

Aurigami is a decentralized, non-custodial money market on Aurora. The team has developed the most gas efficient lending market on Aurora through contract optimisation and deploying a proprietary liquidation engine. Aurigami now offers core money market services such as deposit and collateralized lending for 8 largest assets in the Aurora ecosystem.

Website | Twitter

About Impossible Finance

Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading and better yields through our accelerator, launchpad, and swap platform.

Website | Twitter

SOURCE:

MEDIUM

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