1/ The #1 issue DeFi protocols face is maintaining adequate liquidity.

Earlier this year, @OlympusDAO formulated a way to permanently retain liquidity using “bonds”.

Now, it hopes to provide its bonds as a service to treasuries across DeFi through its new product, Olympus Pro. Image
2/ Olympus Pro aims to provide bond consultation and implementation as a service to DeFi.

Protocols will get access to @OlympusDAO's large policy and engineering teams as well as additional market exposure when their bonds are featured on Olympus Pro X, a bond marketplace.  In addition to the general...
3/ Olympus Pro launched to its first 6 protocols last week.

Using Olympus Pro X, participants can compare rates and purchase discounted $ALCX, $BANK, $FXS, $PENDLE, $xSDT, and $SPELL.

Projects interested in offering bonds can apply to be in a future cohort on an ongoing basis. Olympus Pro X
4/ Learn more about @OlympusDAO's new offering, Olympus Pro, in the full article by @chasedevens messari.io/article/olympu…

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More from @MessariCrypto

8 Oct
1/ Web 3 infrastructure can be described with 3 pillars:

+ Computing
+ Storage
+ Networking

New Kind of Network, or @NKN_ORG, describes itself as the third pillar. It's a P2P network connectivity protocol that seeks to upgrade the modern client-server Internet infrastructure. Web 3 infrastructure
2/ @NKN_ORG sits on top of the current Internet stack and allows users to participate through their own devices.

Linking devices together overlays a new network layer above what exists today, bringing the privacy and censorship-resistant features notable from decentralization. Internet infrastructure
3/ The easiest way to earn $NKN is for a miner to serve as a node in the network.

This creates an economic incentive for devices to share bandwidth and to keep the node running 24/7 with a stable connection.

NKN can also be used to make transactions within the network. $NKN diagram
Read 4 tweets
7 Oct
1/ The @anchor_protocol whitepaper describes its goal of disrupting central banks by providing a decentralized central bank target rate which will become a reference rate for the broader DeFi ecosystem.

The protocol aims to do this by building itself around the Anchor Rate. Terra Ecosystem
2/ Driven by @anchor_protocol's high headline fixed deposit rate, @terra_money's comparatively low costs versus @ethereum mainnet, as well as the strong run up in $LUNA's price, TVL has continued to increase since launch and in August it become the 3rd largest lending platform. Anchor TVL surpasses $3bn i...
3/ The $ANC token is designed to capture a proportion of the yield available and to scale with the assets under management in the protocol.

ANC is also used as borrower incentives (100m per year) as well as rewards within ANC liquidity pools.

ANC token supply is capped at 1B. ANC cumulative distribution...
Read 4 tweets
31 Aug
We're going live in 8 minutes!

Come check out @WilsonWithiam's discussion on scalability and more featuring @sgoldfed, @gluk64, and @MihailoBjelic!

And for those who can't make it, we'll be live-tweeting highlights below 👇

Snag your seat now: crowdcast.io/e/so-many-side…
@WilsonWithiam @sgoldfed @gluk64 @MihailoBjelic .@gluk64 on ZK/Optimistic rollups:

"I think it’s more important what it means in practice. There are 3 main things: transaction cost, usability of withdrawals, and differences in security - in the long term you want the highest security."
@WilsonWithiam @sgoldfed @gluk64 @MihailoBjelic .@MihailoBjelic on scaling #Ethereum:

"Scaling Ethereum while preserving decentralization and high security is really challenging, so we understood that we needed solutions today and that’s why we went with the Commit Chain."

crowdcast.io/e/so-many-side…
Read 9 tweets
31 Aug
1/ @MetisDAO seeks to offer the standard benefits of optimistic rollups:

+ low fees (<$1)
+ speed (<1s)
+ ETH-level economic security

It plans to stand out by providing native data storage, faster withdrawals to the ETH L1 main chain, and improved usability for DApp providers. Ethereum Scaling: Rollups
2/ There are 2 forms of rollups: ZK & optimistic rollups.

@MetisDAO uses the latter.

Optimistic rollups assume “optimistically” that all transactions are valid.

But transaction confirmations on the main chain are subject to a challenge period as a fraud prevention mechanism.
3/ @MetisDAO will be one of the family of EVM-compatible optimistic rollups to launch within the coming months.

It uses a fork of Optimism’s Optimism Virtual Machine (OVM) that it calls the Metis Virtual Machine (MVM).

The MVM mirrors the OVM in function and code execution.
Read 5 tweets
30 Aug
1/ While DeFi options volumes remain small, there is one options protocol that has seen significant growth over the last 4 months - @opyn_.

To start the year, Opyn was doing <25% of on-chain options volume, however it now accounts for >94% of a much larger options volume share. On-Chain Option Notional Vo...
2/ @opyn_ V2 is a protocol for creating tokenized options products.

Each separate option is minted as an ERC20 and can be traded on any DEX.

Anyone can mint options products with desired parameters such as expiry and strike as long as the underlying product is whitelisted.
3/ @opyn_ is a great integration partner for protocols wishing to leverage options.

Ex: @ribbonfinance vaults utilize yield-generating strategies in which options are sold weekly against the collateral and the premium collected is used to provide additional yields to depositors. Comparing Opyn Notional Vol...
Read 4 tweets
19 Aug
1/ Blockchains like @ethereum can replicate a small amount of data on computers across the world, however their on-chain storage capacity is often limited.

Because not all parts of an NFT can be stored, NFTs often leverage other immutable storage solutions for their metadata. NFT Stack
2/ @Arweave, @Filecoin, & @Sia__Foundation are a few solutions that use their own blockchains as the foundational layer for their decentralized data and app storage solutions.

These networks differ in how the operate, as well as their focus (on-demand vs long-term file storage). Storage layer
3/ As the future adoption of decentralized storage solutions continues, one key facilitator of growth may be CeDeStor firms – Web2.5 companies that make using Web3 tech easier, whether by providing clean interfaces, additional services, or bundling the various services into one.
Read 4 tweets

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