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)
As layer 2 rollups evolve, they’ll help link blockchains together. This is particularly great news for DeversiFi as we’re ahead of the curve in using and adopting layer 2, and this gives us the opportunity to be a hub for all layer 2 DeFi.

(4/11)
We can expand from being just a single rollup to being a multi-layer 2 solution, providing seamless inbuilt bridging to new multi-chain ecosystems and offering all the best tools and opportunities from across the other layer 2 projects.

(5/11)
This will, in turn, enable us to work with interesting ecosystems beyond #Ethereum like @AvalancheAvax, @Solana, @Cosmos and @Polkadot. These ecosystems can be directly connected by bridging to #L2’s like #DeversiFi, so the process is completely smooth.

(6/11)
This year we have begun building the foundational layer of infrastructure and tooling to enable many wallets and #Dapps to quickly and easily make the jump, from solely supporting $ETH #Layer1 to supporting L2 natively as a default option.

(7/11)
We’re already working with the first of these partnerships and are very excited! They are a BIG name with millions of users, and we’re planning for this to be a big part of what #DeversiFi becomes in terms of powering other apps and user experiences.

(8/11)
We understand that many users do not speak English as their native language. We’re creating multi-language support, starting with Chinese, to allow a more diversion audience to use the platform.

(9/11)
Above all, we’re excited for what 2022 will bring to DeversiFi. We’ll see a much more interconnected world, both between layer 2s on Ethereum and across the rest of the emerging multi-chain ecosystem, and we envision DeversiFi to be right at the heart of it all.

(10/11)
To read @Will_harbornes full summary of the year and predictions for 2022, check out our latest blog post here ⬇️

deversifi.com/blog/2022-the-…

(11/11)

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More from @deversifi

31 Dec 21
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)
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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