1/
Liquidity is the backbone of DeFi and we built @PopsicleFinance to make it simple for our users to manage and profit off of it. Here are some lessons we’ve learned and where we’re heading.
Liquidity is the backbone of DeFi and we built @PopsicleFinance to make it simple for our users to manage and profit off of it. Here are some lessons we’ve learned and where we’re heading.
2/
We’ve launched two @PopsicleFinance products in the last 12 months: Sorbetto Fragola, a Uniswap v3 optimizer and Sorbetto Limone, a cross-DEX LP manager that provides leverage for LPers.
We’ve launched two @PopsicleFinance products in the last 12 months: Sorbetto Fragola, a Uniswap v3 optimizer and Sorbetto Limone, a cross-DEX LP manager that provides leverage for LPers.
3/
Uni v3 is an exciting innovation but one that is overshadowed by the additional complexity that LPers face around setting LP ranges. Fragola fixes this. We use strategies to automatically optimize LP ranges that maximize your yield.
A deep dive 👇🏻:
Uni v3 is an exciting innovation but one that is overshadowed by the additional complexity that LPers face around setting LP ranges. Fragola fixes this. We use strategies to automatically optimize LP ranges that maximize your yield.
A deep dive 👇🏻:
https://twitter.com/0xDanger/status/1481540715301982210?s=20&t=C_6J__uuRgHJXjxyAowA-w
4/
Last summer, new DEXs were popping up every week. As fragmentation grew, users had to manually move LP tokens from DEX to DEX to take advantage of farming incentives. Limone fixes this. Our contracts let us deploy user LP to the highest yielding DEX without any intervention.
Last summer, new DEXs were popping up every week. As fragmentation grew, users had to manually move LP tokens from DEX to DEX to take advantage of farming incentives. Limone fixes this. Our contracts let us deploy user LP to the highest yielding DEX without any intervention.
5/
We want to double down on Fragola. Right now, its biggest weakness is PnL tracking. It’s difficult for users to break out gains and losses from IL, rewards, and swap fees. We need your help! If you know of an analyst who can help us track Fragola returns, drop a comment.
We want to double down on Fragola. Right now, its biggest weakness is PnL tracking. It’s difficult for users to break out gains and losses from IL, rewards, and swap fees. We need your help! If you know of an analyst who can help us track Fragola returns, drop a comment.
6/
Limone hasn’t yet found product-market fit and we’re continuing to experiment. DEXs are consolidating and farming opps have dwindled during the 🐻. We will continue to release new pools, but will begin focusing on new ideas and ways to make @PopsicleFinance stronger.
Limone hasn’t yet found product-market fit and we’re continuing to experiment. DEXs are consolidating and farming opps have dwindled during the 🐻. We will continue to release new pools, but will begin focusing on new ideas and ways to make @PopsicleFinance stronger.
7/
Two ideas that have captured our attention: Just-in-time (JIT) LPing and Orderbook DEXs. These two products will be the topics of future threads, but let’s dive in briefly.
(if you don’t know about JIT, you should) coindesk.com/layer2/2022/02…
Two ideas that have captured our attention: Just-in-time (JIT) LPing and Orderbook DEXs. These two products will be the topics of future threads, but let’s dive in briefly.
(if you don’t know about JIT, you should) coindesk.com/layer2/2022/02…
8/
The prototype for our JIT engine has already been developed, and we’ve been testing it for several months. Before pushing it to production we want to make sure everything is working as intended, but expect it SOON™.
The prototype for our JIT engine has already been developed, and we’ve been testing it for several months. Before pushing it to production we want to make sure everything is working as intended, but expect it SOON™.
9/
One of the most exciting parts about JIT is that it can be paired with Fragola range adjustments to further reduce IL. Doing so will help minimize trade slippage, which will ultimately boost Fragola performance. More APY!
One of the most exciting parts about JIT is that it can be paired with Fragola range adjustments to further reduce IL. Doing so will help minimize trade slippage, which will ultimately boost Fragola performance. More APY!
10/
The Orderbook DEX is one of our long-term projects in stealth. We have been working on a new, innovative design that will allow users to have a completely chain-agnostic DEX, built on an order book model. We think this could revolutionize how we all trade crypto.
The Orderbook DEX is one of our long-term projects in stealth. We have been working on a new, innovative design that will allow users to have a completely chain-agnostic DEX, built on an order book model. We think this could revolutionize how we all trade crypto.
11/
Innovating is not easy, but we truly believe these new products will open a new chapter for @PopsicleFinance and our $ICE holders. We thank you all for your patience as we build #Isvikingers!
Innovating is not easy, but we truly believe these new products will open a new chapter for @PopsicleFinance and our $ICE holders. We thank you all for your patience as we build #Isvikingers!
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