In just a few months, the protocol has become a core tool in both the $YFI & $SUSHI ecosystem, being put to use every day.
Some even more recent news has given us reason to believe further integration is underway... 👀
First described by @LevxApp, a core SushiSwap developer, MIRIN proposed a $SUSHI V3 concept which utilizes Keep3r to significantly increase APY among pools on the bar.
“Swaps, Options, and Loans into a capital efficient single contract, allowing interaction between the two assets that make up the pair”
Essentially it is a platform that combines all of the segmented liquidity spread across DeFi, in an aim to solve the capital efficiency problem
But, where does Keep3r network tie into all of this? The answer to that question will be obvious taking a look at the various hints left by Andre Cronje...
You’ll notice the explanation of Keep3r oracles to be awfully similar to that of the features offered by Deriswap
“Uniquote, is a simple liquidity provider (LP) pricing system, it denominates your liquidity into one of the two pairs. So you can quote ETH-WBTC LP tokens as ETH denominated or WBTC denominated.”
Deriswap oracles “take readings every 30 minutes, this allows us to report realized variance, realized volatility, implied volatility (derived from Realizing Smiles), and price over an arbitrary selected time series.”
Does this imply that Deriswap will utilize Keep3r oracles?
Keep3r network coincidentally utilizes sliding window oracles, and black scholes to price options...
Furthermore, a user can select which “arbitrary” selected time series this wish... 👀
For even further reference:
One section of the Deriswap article details an impermanent loss mitigation system, which you guessed it, is very similar in function to UniHedge offered by Keep3r network.
With this info I’m sure you’re all well aware of the synergy between both Keep3r network, Deriswap, and SushiSwap...
Deriswap is even one of the first things mentioned on the GitHub of $SUSHI
In the $SUSHI x $YFI merger, a collaborative “stealth project” made by the two was mentioned, which they say will follow the release of Deriswap.
Very interesting, don’t you think? It is also worthy to note just how often Keep3r is mentioned in this section... 😉
So, what exactly may this project be?
Is it possible that $SUSHI may soon be releasing a new project with $YFI, featuring a gasless DeFi wallet for trades?
This appears to be what is happening in the near future, considering the info I am about to reveal below:
Remember this?
What is MetaWallet?
“MetaWallet is a smart contract that functions as a normal smart wallet...
You can transfer ETH, send tokens, approve contracts, or execute arbitrary contract call data to other contracts.
The core exception here, you can do all the above without ever needing to submit a transaction or spend gas yourself. You simply sign the send, transfer, approve, or execute and this is queued in the Keep3r Network.”
The best piece of information pointing at this being the “stealth project” between $SUSHI & $YFI outside of what has already been mentioned is revealed in a tweet from Future Fund, a DeFi investment firm (very close to $SUSHI)
Take a look: (notice how the wallet name is blank?)
With the violent explosion of Maker DAO recently, I am very surprised that $FLX has not begun to blow up...
What is $FLX?
$FLX is the “ungovernance” token of the new Reflexer ecosystem.
In this thread I will go over why I think this will be a top gainer in the coming weeks!👇🏻
@reflexerfinance was started by Stefan Ionescu, & it is advised by Nikolai Mushegian, the co-founder of Maker DAO
$FLX was what Nikolai had originally envisioned for a significant portion of the MakerDAO ecosystem and is part of why he working with Stefan to realize this vision
There are a few key differences between MakerDAO & Reflexer, which may just give it a particular advantage over many other multi billion dollar stable coin protocols in DeFi.
How? The “Reflex Bond.”
Pioneered by @reflexerfinance, a reflex bond dampens the volatility of an asset
In todays thread, I am going to be sharing a highly anticipated project that is slated for launch this year.
It has been in development since 2016, boasts a massive 180+ member dev team, and is backed by some of the top names in the industry.
You don't want to miss this one.👇
Introducing @dfinity: Created by the Dfinity foundation, a non-profit scientific research organization based in Zurich, Switzerland, The Foundation’s mission is to build, promote, and maintain the Internet Computer.
The Internet Computer promises to be the first blockchain computer running at web speed with unbounded capacity. It achieves this speed through something called Chain Key Technology, which splits calls to smart contracts into two types: update calls and query calls.
I’d like to share with you guys a highly anticipated project that’s been in development for years and is gearing up for mainnet launch on the 16th. Below, I will introduce $MINA protocol, the worlds lightest blockchain.
@MinaProtocol’s #Testworld is officially the largest pos testnet aside from ETH 2.0. The amount of users joining $MINA has been growing rapidly in the final testnet in anticipation of the mainnet launch.
$MINA is a layer one protocol designed to deliver on the original promise of blockchain - true decentralization, scale, and security.
By design, the entire $Mina blockchain is and will always be about 22kb - the size of just a couple of tweets.