This is the core of the DeFi. Through blockchain technology and smart contracts, it is possible to build a decentralized open financial protocol, so that everyone in the world can carry out financial activities anytime and anywhere.  

Recently, a Defi project called Da Gama appeared in the cryptocurrency community where Bitcoin was born. They described the vision in the forum:  

“Building an inclusive financial platform that everyone can participate in, regardless of nationality, region, race, social status or personal wealth”.  

How to realize?  

They plan to build a DeFi aggregation platform with multiple functions of Staking, lending markets, Dex, derivatives trading, wallets, synthetic asset issuance, decentralized forecasting, crowdfunding, insurance, and so on. Interoperability and programmability based on blockchain technology allow these product modalities to stack with each other like Lego blocks to create more innovative financial products and form strong synergies with each other. It also better interacts with other free-license open financial protocols. According to their conception, achieving this vision requires four objectives, as shown in the figure:

Do you think it can be realized? Welcome to discuss it together.

Divi is a user-friendly cryptocurrency that can be used for payments, awards, and a range of diversified planned financial services. The “Crypto Made Easy” Divi Project focuses on building the world’s most user-friendly ecosystem that takes a multi-currency approach, mixing DIVI, other cryptos, and fiat currency into a single platform.

Divi aims to solve a shared problem for the crypto space – lack of participation from the general public due to technical barriers or expensive fees – by asking for near-zero commissions on its platform. The company has purchased a controlling share of an e-bank, re-branded Ridivi, and is integrating fiat currencies, with in-wallet one-click bank accounts, staking pools, instant swaps, and fiat on/off-ramps, to compete in the Trillion-dollar remittances and DeFi markets.  

Currently, Divi is the only crypto that has its own fintech (Ridivi), which effectively supports Divi’s pursuit of a future where anyone in the world with a cell phone or computer can own and spend digital assets efficiently. Divi has constructed a solid tokenomics structure to achieve this goal, including its invention of a multi-tiered masternode network, weekly “lottery block” technology, and cross-chain staking. Combining the structure with its community-focused approach, Divi has become the second-best performing ICO since May 2017, achieving a current market valuation of $110 million after raising only $2.6 million.  

Divi’s various sub-teams, partners, and communities are building a variety of use cases such as gaming, a digital nomad space, media/entertainment, merchant solutions, and DeFi applications as it leads the way into the coming age of cryptocurrency mass adoption.  

With regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, addresses, “A major issue for the crypto community is how to engage more traders from the public. The Divi Project is providing a powerful solution with its original masternode network. By listing DIVI, BitMax.io not only contributes to narrowing the gap between the crypto space and ordinary investors but benefits the users of both BitMax.io and Divi.”

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About DIVI

Divi is an innovative cryptocurrency based on a multi-tiered masternode network. The Divi Wallet intends to construct a platform where crypto is made easy. Divi will launch its new wallet in Q4 2020 with new features that will transition the product to challenge traditional financial solutions. Other channels and products of Divi include the Divi Foundation, DiviGo, and Divi Ventures.  

Divi has recruited experts in all major verticals, from product to technology, operations to development, and marketing to finance. Together, the team forms a perfect balance of experience within blockchain and crypto and the traditional market.

For more information and updates, please visit:
Website: https://diviproject.org
Whitepaper: https://wiki.diviproject.org/#whitepaper
Twitter: @DiviProject
Telegram: @diviproject
Medium: @diviproject

Featured image from Unsplash

Akash Network is the world's first decentralized cloud computing marketplace. Functioning as the DeCloud for DeFi, Akash accelerates scale and price performance for high-growth industries, including DeFi, decentralized organizations, and applications, as well as machine learning/AI. Leveraging 85% of underutilized cloud capacity in 8.4 million data centers, Akash will enable anyone to buy and sell cloud compute with efficiency, flexibility, and security.

The Akash Token (AKT) is a native utility token and the core of Akash's sovereign proof-of-stake chain. Akash Token Economics uses AKT to solve volatility while ensuring its public blockchain's economic security. The platform leverages AKT to govern, secure the blockchain, and provide a default mechanism to store and exchange value. The token also acts as the reserve currency in Akash's multi-currency settlement ecosystem, enabled by Cosmos’s Inter-Blockchain Communications (IBC) protocol. The company recently partnered with the Interchain Foundation to accelerate the development of the IBC interoperability protocol and bring it to market. Akash Network’s integral contribution to the development of IBC will enable the company to adopt and benefit from interchain technologies faster than any other company.

Akash is developing a faster, more efficient, and lower cost cloud for DeFi with its advanced containerization technology and a unique staking model. As global demand for throughput and content has increased, the company sees enormous potential in the expanding cloud computing industry, projected to be a $370 billion market by 2022, currently dominated by an oligarchy of four cloud service providers (CSP), including Amazon Web Services, Google Cloud, Microsoft Azure, and Alibaba Cloud.

To provide the market with more flexible and efficient services, and significant cost savings, Akash offers companies and developers a new alternative at a price up to 10x slower than the market. As Akash Network supports generic cloud compute, its serverless computing platform is compatible with all cloud providers and all applications that run on the cloud, easily integrating with a company’s existing technology stack.

On September 25th, Akash launched it's Mainnet 1 with 64 validators. Akash Mainnet 1 focuses on network stability and enables staking and governance operations, including the ability to delegate to validators and vote on governance proposals. In October, the platform will open its Phase 3 Testnet to serve as the launchpad for Mainnet 2 with one million AKTs in rewards. Mainnet 2 will go live in Q4 2020.

"The primary listing of AKT is one of the most important projects of BitMax.io in Q3," says Shane Molidor, Global Head of Business Development at BitMax.io. "BitMax.io applauds the Akash team for bringing a DeCloud alternative to the booming Cloud Service Provider (CSP) market. We aim to provide extensive support for AKT spanning from listing, staking, and more extensive infrastructure buildout."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About Akash Network

Akash Network is the world’s first decentralized cloud computing marketplace, enabling any data center and anyone with a computer to become a cloud provider by offering their unused compute cycles in a safe and frictionless marketplace. A faster, more efficient, and lower cost cloud compatible with all cloud providers and all applications that run on the cloud, Akash DeCloud will greatly accelerate the scale and price performance for DeFi, decentralized organizations, and high-growth industries including machine learning/AI/deep learning.

The company was founded by Greg Osuri and Adam Bozanich, who are globally recognized open source developers and among the top 20 programmers worldwide for authoring open-source libraries adopted by organizations like Ubuntu, HashiCorp, and Kubernetes.

For more information and updates, please visit:

Website: https://akash.network
Twitter: @akashnet_
Telegram: @AkashNW
Reddit: r/akashnetwork
Blog: https://akash.network/blog

DeFiner is a decentralized finance network for digital savings, loans, and payments. Its FIN token is an ERC 20, Ethereum-based, cryptographic token connecting all parts of the DeFiner ecosystem. FIN's core use cases include distributed profits, proof of premium (POP), and voting rights.

In contrast to its competitors, DeFiner features a deposit strategy that centers on yield farming and expanding collateral options for its users. The revenue generated from 10% interest sharing and the auto-insured deposit insurance set DeFiner apart from other decentralized finance networks. DeFiner’s suite of tools also includes a yield aggregator, making the platform appealing for retail investors, institutions, and sophisticated yield farmers.

DeFiner is designed to be a solution to the broad spread between borrowing and lending rates. The platform successfully bridges this gap by depositing excess capital to DeFi money markets like Compound, optimizing DeFiner's capital utilization to remain above 85%. This gives depositors on DeFiner an average advantage of 2.46% interest greater than those deposited with Compound.

The DeFiner team brings together expertise from the technology and finance industries, with team members coming from the Federal Reserve and companies like Microsoft and Google. After the platform launch, DeFiner plans to release a wallet, savings product, and mobile application. The team engaged Trail of Bits and Consensus Diligence, the firms with proven track records of thorough, successful audits, to audit the security of the platform.

"The primary listing of DeFiner on BitMax.io will be beneficial for all involved – DeFiner, BitMax.io users, as well as users of the DeFiner platform," remarks Shane Molidor, Global Head of Business Development at BitMax.io, "DeFiner provides an optimized solution to capital utilization. The listing collaboration advocates and stimulates the development of this solution, and at the same time, brings the solution directly to BitMax.io users."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About DeFiner

As its name suggests, DeFiner aims to define the future of open finance by becoming the safest DeFi lending network in the crypto space. The platform empowers users to embrace the new digital economy and unlock instant value from their crypto assets through earning, lending and borrowing. In the next two quarters, DeFiner will inaugurate its wallet launch, savings product launch, and mobile application launch.

The DeFiner team consists of experts with a robust background in the tech and finance industry, who gained expertise from former Federal reserve and fortune 500 companies like Microsoft, Google, and Symantec

For more information and updates, please visit:

Website: https://definer.org
Twitter: @DeFinerOrg
Telegram: @definer
Blog: https://blog.definer.org
Medium: @definerorg

Featured image from Freepik

Plutus is an emerging DeFi card that allows users to earn 3% in crypto for every in-store or online purchase, and manage both fiat and crypto via an accompanying app. By shopping with Plutus, people earn its native token, PLU, as a reward. The PLU token can be redeemed for premium services, spent in-store by proxy with the Plutus Card, or staked to unlock additional cashback at some of the most popular online retailers such as Amazon, Sky, AliExpress, Nike, and many other household brands. In the next two quarters, Plutus will launch numerous services/features; highlights include BTC integration and Plutus’ very own non-custodial wallet extension for both the mobile and web app.

In contrast to centralized banking products, Plutus is one of the only non-custodial cards in the crypto market. Cardholders can also conveniently access a custom-built decentralized exchange, PlutusDEX, through the web and mobile apps. PlutusDEX is one of the only decentralized exchanges to offer crypto-fiat pairs, allowing users to convert assets without any third-party intermediaries.

Plutus is designed to put crypto into the hands of more people, letting them earn 3% back in crypto rewards for every day online and in-store purchases instead of buying through a centralized exchange. Users can create a UK account or a European IBAN as well as connect their cryptocurrency wallets to interact with both asset types from one interface.

The Plutus team brings together veterans with over 40 years of experience across finance, payments, and software development. Plutus is currently pursuing a banking license, potentially making the company the first non-custodial crypto bank in the industry. The team is also planning to launch various extension services across its web and mobile apps in the next two quarters.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Plutus

Plutus is an emerging DeFi app and card that allows users to earn crypto rewards for their everyday purchases. It serves as a bridge between crypto and traditional finance by supporting both (crypto/fiat) asset types. A custom-built decentralized exchange, the PlutusDEX, allows for seamless swaps between crypto and fiat without any third-party intermediaries. The PLU token is the world's first decentralized loyalty token, offering 3% crypto rewards on every online and in-store purchase.

For more information and updates, please visit:

Website: https://plutus.it
Twitter: https://twitter.com/Plutus
Discord: https://discord.com/invite/JRzs7YQ
Medium: https://medium.com/plutus 

Nsure is an open insurance platform for open finance. Nsure’s “DeFi insurance” borrows the idea of Lloyd’s London, a marketplace to trade insurance risks, where premiums are determined by a dynamic pricing model. Users can supply capital to the network to mint the native token, NSURE. The token serves as a governance tool for the network as well as the instrument used to underwrite policies on the platform, generating premiums paid out in ETH or stablecoins.

In contrast to other projects, Nsure aims to provide a more sophisticated insurance model for the average cryptocurrency user. Nsure’s dynamic pricing model sets prices based on real-time supply and demand, and the platform’s capital model is used to secure the required capital to cover any claims and back system-wide risk at any given moment. A three-phase crowd voting mechanism is used to assess all claims in an open, transparent, and professional manner.

Total value locked (TVL) in DeFi protocols exceeds $4 billion, but to date, only 0.4% of that value is insured. By working with insurance veterans and licensed actuarial analysts, Nsure is dedicated to researching and developing new risk assessment methodologies that can lead to broader industry adoption and capture more usage in the cryptocurrency space.

The Nsure team brings together veterans from the blockchain, insurance, and venture capital industries, with core members from respected companies like Allianz and AON. The mainnet alpha launch is planned for Q4, 2020, including the core features of buying insurance, providing capital, and underwriting policies. The beta mainnet, scheduled for early 2021, will introduce extended functionality such as stablecoin pools with a governance DAO to follow.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Nsure

Nsure is an open insurance platform for Open Finance. Capital providers can utilize its NSURE token to stake on insurance risks to obtain daily premiums. The platform supports a vote-based Dynamic Pricing Model and Capital Mining to determine the price and to back the risk. In the next two quarters, the team will be launching Mainnet and working in parallel to deploy on other chains (i.e. Polkadot), aiming to become an underwriter to support the supply of capital and the demand for insurance coverage.

For more information and updates, please visit:

Website: https://nsure.network/
Twitter: https://twitter.com/Nsure_network 
Telegram: https://t.me/nsurenet
Medium: https://medium.com/@nsure_network

HARD Protocol (previously Harvest.io) is a cross-chain money market that enables users to lend, borrow, and earn with their digital assets. HARD, the native governance token for the protocol, launched with the mainnet upgrade that took place on October 15th, 2020. The token can be used as collateral in the HARD Protocol supply and borrowing markets, as well as for voting on the management and evolution of the platform.

In contrast to other money markets, HARD opens DeFi to the larger cryptocurrency market, taking token holders beyond ETH access products like lending and borrowing. As an application built on multi-asset DeFi platform Kava, HARD is set to capitalize on the Kava-4 Mainnet upgrade which will introduce support for BTC, BUSD, XRP, and other digital assets. New digital assets will be also supported within the HARD Protocol money market alongside Kava native assets like KAVA, HARD, and USDX.

The HARD Protocol money market is the first project of its kind launched on the Kava blockchain. Kava gives the platform access to cross-chain assets, Chainlink oracles, and other key infrastructure. To support platform security and stability within this relatively new design paradigm, compared to Ethereum, HARD code is being audited by CERTIK, peer-reviewed, and tested prior to listing.

"The primary co-listing of HARD on BitMax.io will be beneficial for both BitMax.io users and users of the Kava DeFi ecosystem," said Shane Molidor, Global Head of Business Development at BitMax.io, “HARD offers investors a cross-blockchain money market to lend and borrow assets in a new way. This listing collaboration gives BitMax.io users exposure to HARD Protocol through the HARD token, and at the same time, allows HARD users to further invest in the platform’s governance."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About HARD Protocol

HARD Protocol is the world’s first cross-chain money market that enables users to lend, borrow, and earn with their digital assets. Leveraging Kava’s blockchain security for DeFi products, the HARD Protocol will be expanded to support BTC, XRP, BUSD in HARD money markets along with native Kava assets like KAVA, HARD and USDX.

For more information and updates, please visit:

Website: https://harvest.io
Twitter: https://twitter.com/harvest_io
Telegram: https://t.me/harvest_io 
Medium: https://medium.com/kava-labs/tagged/harvest

Because DeFi lacks some basic products and services, it is still incomplete in the construction of a "decentralized financial market (DeFi market)" and needs the support of structured financial tools.

We find that in the traditional financial market, a large number of monetary asset collaterals, including short-term debt collaterals, long-term debt collaterals based on sovereign credit, and quasi-currency created based on repurchase or asset securitization, constitute large-scale financial derivative instruments and form a systematic financial market, playing an important role in risk management, asset pricing, and improving market liquidity. DeFi also requires durable and stable assets and liquidity. Currently, the basic assets supporting liquidity mining can be roughly divided into three categories: Transaction fees, income from loan interest rate spreads, and guaranteed governance tokens. When basic asset income (or "productivity") is insufficient to sustain the credit boom, a risk similar to the traditional "financial crisis" will appear.

Synbit is committed to building a more comprehensive income market and volatility structure. In the mapping process of traditional financial market products, it has broken through the construction of comprehensive decentralized financial derivatives, laying a rich and solid asset foundation for the development of the DeFi industry. In the setting of collaterals, Synbit supports multiple pledge methods, such as ETH, stablecoins, and SYN. The mortgage rate of each asset is calculated through modeling based on the stability of its price. In the future, the calculation model and its mortgage rate can be adjusted through the community governance mechanism. Users can mortgage the synthetic assets issued or directly exchange with other types of synthetic assets by purchasing synthetic assets. Synbit's excess mortgage mechanism and unique liquidation mechanism ensure the safety of all debts. The collaterals can perfectly cover the debts, which means that the systemic risks mentioned above are unlikely to occur in Synbit. In order to attract users to participate in the Synbit ecosystem and ensure the smooth launch and sustainable development of the Synbit platform, the platform has formulated targeted incentive plans for ecological participants such as mortgagers, traders, and coin holders. In addition, Synbit adopts a unique debt pool model, traders do not need counterparties when trading, which effectively solves the liquidity and slippage problems faced by DEX (decentralized exchange). The multi-pledge, multi-form, and multi-reward setting can provide liquidity for Synbit's continuous transfer of assets.

Of course, Synbit is more than that. We hope to fully map the traditional financial market and build a complete "decentralized financial market (DeFi market)". From swaps to futures and options, interest rates, stocks, foreign exchange, commodities, and other asset products are widely used on the chain to meet the needs of position risk balance, liquidity, hedging, leverage, and other investment portfolio and liquidity managements, create long-term value, and exploit the huge potential of the decentralized derivatives market. It will be the most promising part, the core of the entire DeFi ecosystem, and the most difficult part to accomplish and overcome in the DeFi industry.

We have overcome some of the problems-breaking the isolation of the DeFi protocol, and creating a financial product with rich risk-return characteristics - Synbit by making full use of the composability of DeFi. We will continue to explore the depth and breadth of products, redefine the nature of asset management, and meet the needs of professional investment consulting and services. Achieve our grand vision, which is to "combine everything and cross the financial boundary".

Synbit will release a beta version on the Ethereum Kovan network on December 11. Synbit is a decentralized synthetic asset issuance protocol based on Ethereum smart contracts, allowing users to mint assets and trade financial derivatives in a decentralized manner. Every user who participates in the test and provides feedback will get a certain token incentive. Welcome to join the Synbit community to participate in the test. Specific test-related contents and test incentives will be released on the official Twitter and Discord channel later.

Synbit's official website: https://www.synbit.io
Twitter: https://twitter.com/SynbitProtocol
Telegram: https://t.me/Synbit
Discord: https://discord.gg/MycR8DK

Looking forward to entering a new world of synthetic assets together with you.

YIELD, a FinTech company licensed and regulated by Mwali International Services Authority, offers Defi-based banking services and high-yield investment solutions using crypto or traditional currencies with an objective to make the full potential of Defi accessible to everyone. Leveraging their intuitive app and web platform, users worldwide can start earning up to 20% APY without experiencing a lengthy, complex, and costly learning process.

On the backend, YIELD’s team is constantly evaluating the profitable market-neutral strategies such as liquidity mining, arbitrage, margin, and collateralized lending. The highly sophisticated risk management process will also help investors realize portfolio diversification within a trusted environment.

At the core of YIELD's strategy is the YLD utility token, which allows users to considerably boost their APYand support the ecosystem. While YIELD offers a minimum APY of 12%, users will be able to boost it to 20% by holding YLD on the platform by signing up for the Loyalty & Rewards program.

YIELD’s team brings together veterans from investment banking, blockchain, and cybersecurity with core members from fintech payment providers like Paxful and Wirex. The team is backed by leading blockchain investment institutions, including Alphabit Fund, Digital Strategies, and PALcapital. 

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Yield App

Yield is a Mwali licensed and regulated FinTech company that provides an innovative platform to bridge the gap between traditional and decentralized finance. The YLD utility token allows users to boost their APY, earn interest, and support YIELD’s ecosystem.

For more information and updates, please visit:

Website: https://www.yield.app
Twitter: https://twitter.com/yieldapp
Telegram: https://t.me/yieldapp
Reddit: https://www.reddit.com/r/Yield_App/

Kira Network aims to be the first decentralized network that powers DeFi with Liquid Staking. As opposed to typical Proof-of-Stake (“PoS”) networks, Kira enables staking on multiple chains and digital assets that can be used across the platform with full access to liquidity. With audits performed by Certik and Quantstamp, the network security increases with the growing number of tokens staked, aiming to maintain full liquidity and custody of overall user assets with lower risk.

KIRA Token (KEX) is the native token of the KIRA Network. KEX is required to be held by community members for governance purposes and to determine interest rates for staking. KEX has both inflationary and disinflationary issuance mechanisms.

The Kira team brings together veterans from corporate finance, blockchain, and investment banking industries with core members from top institutions including Morgan Stanley, Polycom, and Barclays. Kira is currently planning on launching Mainnet and a hardware wallet - Kira Saifu Signer and the team is backed by leading institutions including Alphabit Fund, NGC Ventures, and, BTC12 Capital.

"Kira Network's value proposition of liquid staking resonates deeply with the BitMax.io team and responds to the 'Catch-22' dilemma of PoS assets within the crypto ecosystem," said Shane Molidor, Global Head of Business Development at BitMax.io. "Listing KEX will allow token holders to join Capital Mining and Staking on BitMax, which should further evolve the utility and fundamental value of Kira Network."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Kira

Kira the first decentralized network that powers DeFi with Liquid Staking. As opposed to a typical PoS network, Kira enables staking on multiple chains and digital assets that can be used across the platform in their liquid form. KIRA Token (KEX) is a native staking asset of the KIRA Network. It is required to be held by community members for governance in decision making and optimizing yield.

Website: https://kira.network
Twitter: https://twitter.com/kira_core
Telegram: https://t.me/kirainterex
Medium: https://medium.com/kira-core

Cudos is a global computing network providing a trusted multi-chain layer-two oracle to power decentralized finance (DeFi). The platform connects blockchain developers with off-chain data and external APIs, increasing the scale with over 20,000 global nodes while reducing the cost of computation. Its CUDOS token is the native utility token for staking and earning discounts within the Cudos network.

Cudos aims to create a global computing marketplace where developers, gamers, and service providers can benefit through smart contracts and cost-effective cloud services. With computing support running in WASM, EVM, Docker, or VM environments, the platform is currently generating revenue with user adoption across 145 countries. Cudos is on track to exceed 1 million nodes in 2021.

The Cudos team brings together serial technology entrepreneurs, engineers, data scientists, and strategists with world-class advisors from Sony Playstation and AMD. Backed by leading institutions, including Moonwhale.io and Outlier Ventures, the team has successfully built one of the UK’s largest cloud and backbone networks, and the platform is on track to achieve its vision of making better use of the world’s computing power.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Cudos

Cudos is a decentralized computing network providing a trusted multi-chain layer-two oracle. The platform connects blockchain developers with off-chain data and external APIs, increasing the scalability of blockchains while reducing the cost of computation. Its CUDOS token is the native utility token for staking and earning discounts within the Cudos network.

For more information and updates, please visit:

Website: https://www.cudos.org
Twitter: https://twitter.com/CUDOS_
Telegram: https://t.me/cudostelegram
Medium: https://medium.com/cudos

That is because the Defi has sprouted in the market of blockchain, the birth of Defi makes it possible for investors to experience the appeal of decentralized financial service. Whether it is a loan, insurance, or money management, it is executed via the code on the chain or the pre-set rules automatically and without facing the risks of black casework of brokers. On the one hand, the investors tend to be more at ease for their fund is hold by them; on the other hand, the use of funds is increased and they have more choices when choosing and matching their investment strategy.

At present, various kinds of Defi emerge endlessly. However, a one-stop Defi product that can satisfy all kinds of needs is still absent in the market. In this context, Rabbit Finance comes into being.

What is Rabbit Finance?

Rabbit Finance is a leveraged yield farming protocol based Binance Smart Chain (BSC) released by Rabbit Finance Lab. It supports users participating in liquidity farming through over-lending plus leverage to get more revenue.

When the user has insufficient funds but wants to participate in DeFi liquidity farming, Rabbit Finance can provide up to 10X the leverage to help users obtain the maximum revenue per unit time, and at the same time provide a borrowing pool for users who prefer stable returns to earn profits.

As predecessors of this area like Link, COMP, and BAL are fighting alone, Rabbit Finance, a latecomer, has started to propel resource integration to be the one for all of Defi.

Defi ecology, on the Rabbit Finance, ambitiously included modules like lever gun pool + arithmetic stablecoin, NFT+ arithmetic stablecoin. For Rabbit Finance, they hope to build the Defi ecology through the easy to more advanced and Interlocking combination of functions.   

It makes it possible for users to experience the various context of the use of DeFi in a one-stop way, as well as yielding rich returns.  

The feature and value of Rabbit Finance

Rabbit Finance provides lever gun pool arithmetic and can support up to 10X the leverage, which means the return of the earnings of the users can be inflated tenfold. 

Figuratively speaking, if you are mining in a CAKE/BNB pool, maybe you have your liquid token worth 1,0000 RMB mining in the pool, and the revenue there is 100%. However, via Rabbit, you can borrow extra asset mining in the pool to get 1000% annualized returns(the interests and costs were taken out), this is the most direct way to maximize the revenue.

Of course, same as other levers, if the price trend is at a disadvantage, the risk of clear existing. Even so, you can still borrow USD or BNB from a much safer pool of money and get reasonable annualized returns under lower risks.  

On Strategy, Rabbit Finance adds to the mechanism of reinvestment to maximize the users’ earnings. The bounty hunter can act reinvestment at any time and then converts them into the LP tokens for the pool you are farming and compounds them onto your farming principal so you can maximize your APY.

Besides, when the bounty hunter pitches on the pool and executes the reinvestment, 30% of the bounty of the pool is used as buyback funds to promote the value of the token.

Why does reinvestment raise the value of the token? This can be explained by the supply and demand relationship in economics. When the demand exceeding the supply, the value of the asset is bound to raise. According to the deflation mechanism of Rabbit Finance, the 30% of reinvestment earnings is used to repurchase fund to realize the continuous deflation of the token. In the author’ perspective, the deflation mechanism of Rabbit will become the vital factor for realizing the price of token. Continuous buyback and dispose make it possible for the volume of token supply to decline on a limited scale. These will drive the token to be increasingly precious. When Rabbit achieves its implementation, the price of the token is expected to rise correspondingly.   

The 30% of the bounty of the pool is used as buyback funds to promote the value of the token. For this service, 0.4% of the bounty pool is directly given to the bounty hunter as a reward, the remaining 69.6% will be converted into LP of the pool and pledged again to obtain compounding returns. The huge power gifted by repeated investment makes it possible for investors to make more profits.

Except for the value increase driven by the token deflation, Rabbit has some other values. For example, before Rabbit coming into being, gun pool tokens can do nothing but to govern. However, Rabbit holders can mortgage their stakes to the board to share bonuses. As long as Rabbit Finance is profitable, its holders are given the right to share the bonus as shareholders and make easy money.   

NFT (Non-fungible Token) is an emerging niche market for nearly everyone to take his chance. It is predicted by the specialist that NFT has its potential to become one of the world’s biggest market. The authority of the Rabbit has given much thought to its token. Rabbit Finance Lab will continuously empower Rabbit token, for example, Rabbit holders can snap up irregular issued NFT artwork, and the Rabbit will be automatically locked up during this period. Its circulation will be blocked and its value is expected to be pulled up in a short term. Holding NFT can accelerate mining, empowering the NFT with value with the help of Rabbit.

These two parties are of reciprocal relationships, that is to say, holding Rabbit makes it possible for holders hold NFT, the appreciation of NFT token reacts on the appreciation of Rabbit.

Words in the End

From ordinary investors’ perspective, there are high entry barriers to use traditional finance—it’s hard for borrowers to raise a loan, while the providers get low earnings. Rabbit is expected to solve this problem under the context of Defi to give its users high earnings as well as increasing the liquidity of the fund. This is just one kind of benefit and change made by Rabbit Finance to investors. In the future finance world, Rabbit Finance will play a bigger constructive role. 

Disclaimer

This article does not contain any investment advice. Investment always involves risk, be careful with every decision.

In 2021, with the emerging of the digital currency bull market in the past few months, the transaction frequency of digital currencies deployed in the Ethereum network increased massively, resulting in a significant increase in network usage, especially the bursting in the DeFi area. This makes a desperate lack of the original throughput.

For a long time, the entire crypto community has been working hard to solve the throughput and high gas fees problem of Ethereum. One of the major solutions in Ethereum 2.0, which will increase TPS greatly. But is it possible to fix this from another perspective? The answer is yes, it is Layer 2.

About Layer 2

As we all know, the biggest weakness of ETH is the performance. ETH uses full nodes, which led to low speed and congestion during transactions. ETH came up with the solution of sharding to improve its performance, means to divide Ethereum blockchain into several shards, put nodes in different shard to participate in accounting and consensus. After sharding, Ethereum becomes a number of relatively smaller blockchains, and the amount of nodes on each shard is significantly reduced. Thus improve work efficiency greatly.

However, sharding based on the current situation causes great challenges for development and upgrades, as Ethereum is working constantly every day and already has a lot of nodes and data.

What is Layer 2? Literally, it refers to the second layer of the network. The logic is to transfer and process transactions from Ethereum’s main chain Layer 1 (L1) to Layer 2( L2), then send results back to Layer 1 for confirmation. We call this solution Ethereum Layer 2.

Simply put, Layer 2 develops another blockchain outside the Ethereum main chain, transfers transactions on Ethereum to Layer 2 for further processing, and sends results or briefing back to the Ethereum blockchain. The theoretical TPS of L2 reaches 2000-4000, which surpasses Visa's processing capacity-1700 transactions per second. Therefore, many people believe that the L2 solution is the hope for Ethereum to win the future.

At present, Layer 2 ecological construction has been carried out in full force, and design schemes in different types have received support from a certain amount of community users. However, the trilemma (i.e. decentralization, security, and scalability, only two options are achievable) remains an unavoidable issue for most schemes. However, Agalta Protocol provides another thinking to solve this for the market.

About Agalta

Agalta is a decentralized cross-chain protocol featured by its high speed, security, and reliability. It is one of the first expansion protocols that support Ethereum, and can efficiently solve the congestion and high gas fees problems of Ethereum. Through side-chain expansion technology, Agalata extends the internet to existing and future blockchain, Agalta helps developers to build Dapp quickly, and carry out large-scale commercial applications.

Agalta Protocol is committed to the construction of the public chain Layer-2 cross-chain DeFi ecosystem, will launch multi-chain cross-chain research and development plan as scheduled, and gradually open Layer-2 high-speed cross-chain network of Binance Smart Chain, Huobi Eco-Chain, Polkadot Main Chain, OKT, and other public chains. As well as the enterprise development toolkit. One-click fork of Defi projects and products on Ethereum will also be available here. And Agalata will become a cornerstone of the global public chain Defi eco-system.

In today’s market, Layer 2 solutions like Rollup and State Channel are emerging, including some repetitive functions. Many investors tend to be speculators and ignore some common problems of projects. For example, in the economic model of Optimistic Rollup Protocol, each batch sequencer of epoch needs a smart contract called a bond administrator to be marked as collateral. To become a collateral sequencer, a fixed amount of ETH has to be added to the contract. This economic model can prevent the sequencer from becoming abnormal, but it does not fix the potential risk that the verifier may try to send a large number of fraud proofs to the blockchain in different batches (Forcing a large amount of L1 calculations ).

Celer,  a representative project of the State Channel.  Even though the side chain channel in its network can significantly reduce the required collateral deposit, it still has to be proportional to channel numbers and replay capacity of a singal channel (such as payment). This requires massive liquidity in Celer network to ensure normal running of the State Channel. Besides, usually, the State Channel requires users from both sides to be online all the time, otherwise, fairness and security cannot be guaranteed. This kind of availability lack ness limits State Channel’s application greatly.

Agalta Protocol technical advantages

Agalta Protocol carried out in-depth research and innovation to solve the common problems mentioned above. And proposed a new generation of Layer 2 Agalta solution: namely, a high-performance cross-chain Protocol that supports multi-chain ecology. Specifically, it has the following highlights.

• Decentralized network: An efficient, safe, and credible decentralized side chain network. The first layer-2 expansion protocols that support Ethereum features scalability and robustness.
• Cross-chain anchoring: AGAT provides a two-way anchored Aga-adapter (adapter) for ETH and other ERC-20 tokens to transfer them to the Agalta chain and provide an EVM-compatible execution environment for DeFi applications.
• AMM model: The newly optimized AMM model automatically prices assets by using the pricing algorithm in the smart contract and creates a liquidity pool for each transaction token. The AMM pool provides liquidity for asset transactions in an automated manner.
• Ultra-high TPS: On the high-performance cross-chain network based on the Agalta API framework, the theoretical TPS performance is as high as 140,000+, far exceeding the existing blockchain transaction performance.
• 0 Gas fee: The unique layer-2 architecture avoids network congestion and the high gas fee. The 0 gas fee allows users to trade freely without worrying about high handling fees and network delays
• Real-time transactions: All transactions are migrated to Layer-2. Users can conduct real-time transactions without waiting for the confirmation time of a block.
• Privacy and security: Based on the advantages of blockchain distributed structure, anonymity and non-tamperable data, the data privacy of transaction users is fully protected, which avoids personal data leakage and data loss

Layer 2 solutions comparison

Now let's compare all the representative projects in the market in a table

As shown in the table, Agalta Protocol stands out among many projects with excellent overall performance. It is very suitable as the best L2 solution that supports high-performance applications under the main net Ethereum L1.

Editor's note

We have enough reason to believe that the landing of Layer 2 and Ethereum 2.0 will have the chance to become an important fuel for the second expansion of the Ethereum market. And this will eventually make Ethereum a financial giant with over one trillion US dollars. In the future, Agalta Protocol will play a major role in L2 ecosystem construction and develop an important infrastructure of the global blockchain, let’s witness the history together.

https://t.me/Agalta

https://twitter.com/AgaltaProtocol

https://medium.com/@agaltaprotocol

This test network was put online primarily to test and improve the functions of blockchain browser, wallet plug-in development, node operation, hanging order mining, ABO contract development and deployment, and other modules.

Decentralized storage is one of the most important underlying components of Web3.0 today, and Datamall Chain will provide a real trading platform for storage demanders and suppliers. The matched parties can get DMC token incentives by presenting their "storage delivery certificates". To put it simply, DMC will be a global decentralized storage trading platform. The proof-of-service technology adopted by DMC is a CYFS underlying protocol based on the theory of shared cloud computing. Its basic principle is that "it is only put on the cloud when there is a dispute". In more than 90% of the normal delivery scenarios, no handling charges will be needed, thus truly reducing the cost of decentralized storage and improving the speed of delivery. The CYFS underlying protocol includes an ODD addressing-based decentralized storage delivery protocol, which solves the delay problem of DHT-based decentralized storage systems.

The future ecosystem of DMC Public Blockchain will mainly consist of a series of cutting-edge products, including decentralized storage and mining, decentralized finance (DeFi), metaverse, and cloud storage, all geared up to build a real and fair decentralized storage platform. 

One of the most interesting developments in the blockchain world is the increasing technology adoption by major companies and governments. For example, in 2022, major companies such as Amazon, Facebook, and Google announced their intent to implement blockchain technology in their operations. This clearly indicates that blockchain is no longer just a niche technology and is becoming mainstream.

Another exciting development is the increasing use of blockchain for non-financial purposes. For example, blockchain is used to create secure digital identities for individuals and organizations. This has the potential to increase trust and transparency in online interactions greatly and could help to reduce fraud and scams.

In addition to these developments, the use of blockchain for decentralized finance (DeFi) is also rising. DeFi allows individuals to access financial services directly without the need for intermediaries such as banks. This has the potential to greatly increase financial inclusion, especially in developing countries where access to traditional banking services is limited.

As we move forward into 2023, it will be interesting to see how these trends continue to evolve. There is no doubt that blockchain technology has the potential to change the way we live and work, and we can expect to see more and more organizations embracing this powerful technology in the coming years.

In the future, we can expect to see more and more use cases for blockchain technology in various industries. This will include the use of blockchain in logistics and supply chain management, which will enable companies to track the movement of goods in real time and increase transparency.

Another exciting development will be the use of blockchain in voting systems, which will make the process more secure and transparent. This will increase voter confidence and reduce the potential for fraud.

Blockchain technology has the potential to revolutionize the way we live and work, and we can expect to see more and more organizations embracing this powerful technology in the coming years. The use of blockchain will continue to increase in various industries and bring more transparency and trust to the system. It will be interesting to see how it will be used in the future and the impact it will bring on society.