2021 has changed everything for #DeversiFi 🔥

We’ve broken $1 billion in total trades, launched loads of new features, and paved the way for the mass adoption of #DeFi 🚀

Here are nine key breakthroughs that have shaped our year

#Thread (1/11)
At the start of 2021, we hadn’t even rolled out the swap feature on our platform...

But we launched it in January and now it’s our most-used feature of all! 🎉

(2/11)
We’ve launched our native governance token, $DVF, on our brand-new launch market.

The success of the #DLM shows we’ve got a viable mechanism to launch tokens on L2 - and #DVF allows you, our supporters, to take control of our protocol 🤝

(3/11)
We’ve prevented bots from buying up tokens and welcomed a new era of fair, transparent token sales (without gas fees😉).

This was proven during the #DLM, and then again during @entropyfi's $ERP token launch!

(4/11)
The UI of the entire platform has been transformed. Now we have a sleek, modern interface that makes #DeFi instantly understandable - no matter your knowledge level 🥳

(5/11)
Multihop swaps have been added by popular demand (when you guys shout, we always listen😉)

You can now seamlessly switch any two assets on our platform - completely gas-free 💸
(6/11)
We’re building bridges across the #DeFi universe. The most popular one is to @0xPolygon - it allows you to quickly move assets on and off the platform without paying expensive #L1 gas fees.

(7/11)
Speaking of gas… we’ve recently upgraded to @StarkWareLtd #StarkExV4 📈

This upgrade has drastically reduced the cost of depositing onto the platform via #L1 $ETH

(8/11)
We have created a double-ended incentive programme, to reward both traders AND liquidity providers.

Our rewards programme returns a share of your trading fees as a $DVF gift, and our #AMM programme will provide tokens and APY for filling our new liquidity pools

(9/11)
Finally, we’ve just announced the most exciting thing of all… our partnership and integration with @moonpay 🙌

This will enable millions of new users to come straight from the fiat world into #L2, bypassing the fees and removing the barriers to entry

(10/11)
Ok, so now over to you… what’s been the #DeFi-ning moment of 2021 for you on our platform?👀

(11/11)

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More from @deversifi

1 Jan
With DeFi about to reach critical mass, the next 12 months will be crucial for the future of #Layer2 - and for our platform in particular.

Let’s take a Deep Dive with @will_harborne as he explains what's to be expected for DeversiFi in 2022.

#Thread (1/11)
2022 will be the avalanche year for Ethereum, the year that it takes back the centre-ground of crypto DeFi ecosystems and this will be driven by #Layer2 ecosystems. In fact, we predict there will be significantly more people using #Ethereum Layer 2 than #L1.

(2/11)
In parallel, we will see the growth of multi-chain ecosystems, which allow several blockchains to connect with one another - enabling #decentralised apps and protocols to launch on several networks.

(3/11)
Read 11 tweets
30 Sep 21
With #DeFi options ever expanding, many investors are turning to #yieldfarming as an alternative to trading with safer and often higher returns! 

But what is yield farming and how can you get involved? 👀

🧵 #Thread🧵 (1/6)
Just like a bank 🏦 giving you interest on your savings, you can earn interest on your #crypto by lending your tokens to a #cryptocurrency project such as @CurveFinance, @BalancerLabs, @AmpleforthOrg and more!

(2/6)
Lending your #tokens is trustless, meaning you always control your funds and can access them at any time. The whole process is open and #permissionless, with the rules determined by computer code 🖥️ instead of a centralised gatekeeper - like a bank. 

(3/6)
Read 6 tweets
24 Sep 21
Yesterday we launched the FIRST EVER #Layer2 bridge to a centralised exchange 🥂 - @bitfinex, but what does that mean for you?

🧵 #Thread🧵 (1/6)
Remember how you used to pay those pesky gas fees 💸 and wait absurd times ⏳ when moving from an exchange to #DeFi? This all changes now with minuscule fees and rapid transfers!
(2/6)
This bridge🌉now enables fast and low-cost transfers between #Bitfinex & #DeversiFi meaning that you can move @Tether_to tokens ($USDt) seamlessly between the two platforms, without ever touching #Layer1 #Ethereum! And what's more, we’ll be adding more #ERC20 tokens soon!
(3/6)
Read 6 tweets
22 Sep 21
With #DeFi heating up, more and more people are beginning to use #DEXs over traditional #CEXs🙌

However, some people are still confused about what a #DEX is and the different types that exist!

Here's a summary👇 #Thread
#CEXs are often the place users go to buy their first #cryptocurrency 🪙
However, in order to use them, you must create an account on their website and send your money to them trusting that they will (hopefully🤞) send it back when you’re finished 😅
#DEXs exist on multiple blockchains, but the most popular ones are built on #Ethereum. Instead of creating an account to use them, you connect existing Ethereum wallets (such as @MetaMask) and then start making trades! 🙌
Read 10 tweets
12 Aug 21
So you’ve just heard that we have just launched our $DVF Governance mechanism but are unsure about the technicalities?

Join us on a little deep dive
🧵 #Thread 🧵 (1/4)
So how can you get involved?

To get started, you will need to stake your $DVF to receive xDVF, and unlock your voting power. From here you will be able to vote on the “big stuff” and the “small stuff” (2/4)
By “big stuff” we mean major changes to the token and protocol such as:

➡️Smart contract upgrades
➡️Treasury spending
➡️Multisig holder changes

And much more (3/4)
Read 5 tweets
3 Aug 21
We have just launched the first ever #Layer2 bridge to @0xPolygon but what does this mean for you?🤔

The bridge 🌉 enables fast, gas-free and frictionless deposits & withdrawals between the two platforms whilst also increasing liquidity across both ecosystems

🧵#Thread🧵(1/5)
What can you transfer between the two platforms?

You can now instantly transfer $USDC, $DAI and $USDt from Polygon to your DeversiFi wallet on the Polygon network (2/5) Image
How quick will funds transfer across the platforms? 🌉

Within minutes of sending funds from @0xPolygon, they will be available in your #DeversiFi exchange account!

What's even better is that withdrawals back to #Polygon occur even faster! (3/5)
Read 6 tweets

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