Today I will talk about the innovation protocol of the dex track. I read "Those Things in the Ming Dynasty" again and found that it is easier to understand in vernacular. I will try my best to describe it in vernacular in the future, but there are some proper nouns that cannot be avoided. You can leave a private message.
The four permanent DEXs, GMX, GNS, VELA and MUX, are the best performers in this bear market except Ethereum. Don’t criticize the local dog projects here. They are not of the same magnitude, but what I want to talk about today is one Gatalyst that can enhance the performance of this type of DEX
Vaultka (hereinafter referred to as VAU) @Vaultka is released with the enhancement protocol on the ARB chain (enhancement is commonly understood as increasing liquidity). It allows those who provide liquidity to make more informed decisions about where to allocate funds, and also Providing Perp, DEX, and LP strategies allows us, the investors, to improve efficiency and risk control. Currently, his partners that I can find include GMX, ARB, GNS, MUX and Ouyi.
And on July 13th, VAU’s TVL exceeded 1 million usdt, and their team is still updating the value-added LP strategy. I would like to take this opportunity to talk about these three commonly used strategies Vodka, Whiskey, and Sake. In the future, I will add some common sense or tips on the chain to the article, so everyone can focus on it by themselves.
Vodka
He can maintain Delta’s neutral position by automatically hedging and rebalancing the risk of the unstable token component of GLP tokens. Simply put, it protects the pool through automatic hedging.
Sake
Sake is a VLP (leveraged vault) built on vela. The benefit to us is that Sake uses the rewards generated by VLP and increases the rewards in the form of the actual rate of return of USDC. Dynamic rewards have also been added, that is, those who hold stake tokens can pay the leverage cost when making profits.
Whiskey
Whiskey is a very unique gDAI leveraged vault that can provide us with many functions. However, in my opinion, in layman’s terms it does the same thing as Sake, which is to achieve a multiplied reward. It is also the same in generation. Coin holders pay the leverage cost when they make a profit. If a loss occurs due to the strategy, we do not need to pay this part of the cost.
After talking about the strategies adopted by these three Vau, let’s go back and talk about its own situation. Just mentioned above, we cooperated with vela to jointly launch a liquidity reward plan. According to the team, it can bring an additional 78 USDC. % annual interest rate.
Of course, this is just what the project side said. Whether this flywheel can spin or not, we need to continue to observe later. According to their roadmap, to use a word from Tugouquan, the project team has been working hard haha
Overall, this protocol is still a very good protocol for those of us who use strategies to maximize returns.
But the token has not been released yet. According to their roadmap, it will be in the third quarter. There may be airdrops, but I can’t say for sure now. It’s okay to interact when you have nothing to do. It’s very comfortable. After all, this It is a combustion accelerant on Arb. The profit rate below is also very objective.
Arb is now the fastest growing place for permanent transactions, locking tvl in terms of total value. In the entire DeFi ecosystem, the market share exceeds 45%. This momentum is unstoppable and we believe Arb will continue to dominate the crypto trading market.
But one risk that still exists is that the project team is still anonymous. For an agreement with such a high yield, the project team still needs to pay attention to anonymity. It would be better if we just look at the innovation points and partners.
Speaking of which, let’s think about it further, what is the best way to make money in the currency circle? It’s just meme that makes the fastest, and Pond’s that makes the most. If meme + Pond’s = invincible, for the emergence of a new protocol, it will be a Pond’s at the beginning. Pond’s is better than technological innovation, or the other way around. To put it bluntly, the ultimate capturer of technological innovation is Pond's. Take A-shares as an example (not quite appropriate). What everyone is speculating on is the future. Whoever bets first will have the advantage. Because of the prosperity of stocks, the economy can develop rapidly and technology can be rapidly updated and iterated.
So Pond's is not scary. What's scary is that you didn't see through it earlier. MME is not vulgar. You have to know that the simplest things can cover the widest group of people and capture more traffic. Traffic is also the catalyzer of value.
The end of today is a bit of a leap, but I still want to tell you the fundamentals. The crypto market is not the big pie of ether that everyone simply sees. There are many good targets. Don’t worry about Pond’s and memes. Embrace boldly and chase boldly, even if it has thorns. Yes, you have to watch it from a close distance. Later, I may tell you about the bad things about the token economy. See you next time. Bye.