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! 🎉

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 🤝

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!

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 🥳

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 💸
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.

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

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

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

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


• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with DeversiFi 🥷

DeversiFi 🥷 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

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.

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.

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!

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. 

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!
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!
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

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

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!


0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy


3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!