Startups

Factorial enables developers to build DeFi apps with a shorter codebase and mature/grow/accelerate their ecosystem more effectively. DeFi apps built on Factorial will utilize the framework's core financial modules and shared ecosystem resources.

Winner of Connect the World with Chainlink, Ethereum Denver.

Factorial Network

yEarn is a liquidity aggregator providing automated yield farming strategy through a number of lending pools. The protocol’s most well-known pool, yearn.finance, shifts capital between top DeFi lending protocols like Compound, Aave and dYdX – ultimately geared at providing lenders the best return on liquidity.

yEarn also created Curve’s Y pool, a lending pool consisting of top stablecoins like USDC, DAI, TUSD and USDT, and is used for the BUSD Curve pool thanks to yEarn’s interest-earning yToken standard.

yEarn recently released a native governance token, YFI, which is earned through liquidity money on a number of different pools. YFI is earned by staking proof of liquidity and is one of the only DeFi tokens which was launched with no premine and no initial DEX offering.

yEarn

Meet LBRY, a content sharing and publishing platform that is decentralized and owned by its users.

LBRY Credits

Uniswap is a protocol for automated token exchange on Ethereum.

A simple smart contract interface for swapping ERC20 tokens. A formalized model for pooling liquidity reserves. An open source frontend interface for traders and liquidity providers. A commitment to free and decentralized asset exchange.

Uniswap

MakerDAO is “Decentralized Autonomous Organization” (“DAO”) operating on the Ethereum blockchain. At its core, MakerDAO permits the creation of a decentralized ‘stablecoin’ on Ethereum called Dai. A stablecoin is a token that seeks to eliminate price volatility, effectively tracking the price of a fiat currency like the US dollar. 1 Dai = 1 USD. In contrast to Dai which is a stablecoin that is suitable for payments and savings, MKR is a token that has a volatile price because of its unique supply mechanics and role on the Maker platform. MKR is a utility token, governance token and recapitalization resource of the Maker system.

Maker

IPFS is a peer-to-peer hypermedia protocol to make the web faster, safer, and more open.

HTTP downloads a file from a single computer at a time, instead of getting pieces from multiple computers simultaneously. With video delivery, a P2P approach could save 60% in bandwidth costs.

IPFS makes it possible to distribute high volumes of data with high efficiency. And zero duplication means savings in storage.

The average lifespan of a web page is 100 days. Remember GeoCities? The web doesn't anymore. It's not good enough for the primary medium of our era to be so fragile.

IPFS keeps every version of your files and makes it simple to set up resilient networks for mirroring of data.

The Internet has been one of the great equalizers in human history and a real accelerator of innovation. But the increasing consolidation of control is a threat to that.

IPFS remains true to the original vision of the open and flat web, but delivers the technology which makes that vision a reality.

Developing world. Offline. Natural disasters. Intermittent connections. All trivial compared to interplanetary networking. The networks we're using are so 20th Century. We can do better.

IPFS powers the creation of diversely resilient networks which enable persistent availability with or without Internet backbone connectivity.

IPFS aims to replace HTTP and build a better web for all of us.

IPFS

Truebit is an open source community committed to appreciation, understanding, and implementation of cryptoeconomic protocols and scalable, blockchain infrastructure.

TrueBit gives Ethereum smart contracts a computational boost. Don't let Ethereum's gas limit drag your imagination!

While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks. Any smart contract can issue a computation task to this oracle in the form of WebAssembly bytecode, while anonymous “miners” receive rewards for correctly solving the task.

The oracle’s protocol guarantees correctness in two layers: a unanimous consensus layer where anyone can object to faulty solutions, and an on-chain mechanism which incentivizes participation and ensures fair remuneration. These components formally manifest themselves through a combination of novel, off-chain architecture and on-chain smart contracts.

Rather than relying on external, cryptographic proofs of correctness, Truebit leverages game theoretic principles to effectively increase the on-chain computation power of existing networks.

TrueBit

Dai is an Ethereum ERC20 token that is pegged to $1 USD — every Dai is worth $1.

Dai is created by users borrowing against locked collateral and destroyed when loans are repaid. Anyone can create new dai by depositing ether as collateral and drawing an appropriate amount of dai. Locked collateral can be recovered at any time by paying back the borrowed dai (plus a stability fee). Thus, all dai in circulation is at all times backed by at least as much collateral. You can also exchange for Dai at both traditional exchanges and decentralized exchanges. 
 
Hedging: During periods of high market instability, Dai offers a safe harbour to store value without having to exit the crypto space.

Lending: High volatility creates an uncertain lending environment as borrowers and lenders cannot comfortably plan for the future. Dai’s low volatility makes them a perfect medium for a stable, predictable loan.

Decentralized Leverage: In creating CDPs, users can get more capital without spending collateral they are bullish on.

Payments / Online Purchases: Users can spend Dai at merchants that accept crypto at point of sale.

Decentralized exchanges: Decentralized exchanges are frequently unable to provide fiat-offramps. Dai allows their users to trade their assets for a low volatility currency that is stable relative to other widely accepted currencies like the US Dollar.

Exchange pairs: Crypto-to-crypto trading can be a complicated proposition. It is difficult to track earnings when the base trading pair is rising and falling in value as users are making trades. Creating low-volatility pairings with Dai allows for greater price predictability.

Supply Chain: As goods and assets exchange hands, middlemen take large fees for ensuring safe transactions, lending stable capital, and brokering cross-border initiatives. Dai and blockchain can reduce the costs of supply chain and international trade.

Prediction Markets: Long term betting becomes infeasible if users also have to gamble on the future price of the asset they are wagering. A cryptocurrency with price stability like Dai can be the natural choice for prediction markets and gambling applications.
 
Important features of Dai  - Each Dai is worth $1.
- All Dai are backed by real assets, a surplus of collateral that has been escrowed into audited, ownerless, and publicly viewable Ethereum smart contracts.
- It’s solvency doesn’t rely on trusted counterparties.
- It’s a currency that lives entirely on the blockchain.
- It’s stability is unmediated by locality.

ZK Labs is Zero Knowledge Labs, we provide Smart Contract Development and Auditing Services for projects built on the Ethereum platform.

ZK Labs

Building the distributed Financial Market Infrastructure (dFMI) of the Future.

Protocols and peer-to-peer platform architecture - cryptographic systems for member owned and governed networks to exchange value.

Founded in 2015, Clearmatics is a London-based blockchain R&D company. We build member-owned and governed decentralised network platforms for the peer-to-peer exchange of tokenised value between network members. Our ethos and architecture is grounded in protocol, peer-to-peer architecture, removing friction and market inefficiencies, strong security guarantees and interoperable exchange across platforms to build a peer-to-peer ecosystem for market infrastructure. Our focus is capital markets; we work with firms that have the ambition to reinvent the industry's business models.

Our technology is p2p network platforms and protocol first - protocol suite, software that implements those protocols and provides client software and infrastructure for p2p networks. Its based on Ethereum and we call it Autonity - the protocol, the Geth-based client.

We use our technology to build p2p networks and dFMI.

P2p networks are private, member-owned and governed networks that enable peer-to-peer transfer of financial value and automation of contractual and fiduciary operations without reliance on trusted third-parties. Such decentralised networks can interact with one another, creating a wider ecosystem of value and leveraging the network effect, and they can form part of a dFMI.

dFMI is a new concept, one that builds on the security and resilience guarantees of distributed ledger and systems engineering to provide a platform for tokenising value and transferring its ownership between participants on that or, by cross-platform exchange, on other platforms.

We believe that our technology will drive adoption of a next-generation dFMI where intermediaries are removed, incentive structures encourage self-regulation, and risks are mitigated and reduced to the maximum. dFMI doesn't just provide a cryptographically secure environment for market participants to transact, it provides a peer-to-peer model that removes financial intermediaries and engenders a wider ecosystem for value transfer across platforms and pre- post-trade processes. dFMI works to mitigate concentration and liquidity risk, reduce settlement cycles to real-time, remove friction, and lower the transaction cost of economic exchange.

Clearmatics is a company with a strong belief in the open source movement and good ties to the Ethereum community. We also work closely with the Ethereum Foundation, and are an active member of the Ethereum Enterprise Alliance (EEA).

Factorial Network

The DeFi Builder's Playground.