Asset Management

Startups

Taksh, Rise and DeFi! Everyone should get a fair chance to win.

Ravindra Kumar

Gajesh Naik

Taksh

Emeris, Experience the Power of Cross-Chain DeFi. Created by Tendermint Inc.

Emeris is a one-stop portal for all crypto apps, no matter what blockchain they run on. Let users experience cross-chain DeFi like never before.

Emeris has a simple goal: providing access to a wide range of decentralized applications scattered around various blockchain ecosystems in a single, easy-to-use interface. Starting as a non-custodial, cross-chain DeFi dashboard, Emeris will soon extend its line of products with other entries like a mobile app and a browser extension wallet.

As for the long term vision of Emeris, it revolves around one main concept: blockchain agnosticism. Emeris seeks to integrate the best decentralized applications no matter what sector they belong to or what blockchain they run on. It will provide access to various types of protocols, from lending and yield farming to NFT marketplaces, payment applications, data storage, and many other use cases.

Interoperability is at the core of Emeris’ vision. We will prioritize integrating blockchains that have an interoperability gateway (a bridge, an IBC connection, or another type of connection) with the rest of the ecosystem. This way, users can enjoy the entirety of what the internet of blockchains has to offer, no matter which ecosystem they originally come from.

Emeris

NEST Protocol, an economic model of distributed business. Decentralization of business systems through smart contracts; The user is not only the user, but also the beneficiary; Adhere to the essence of blockchain: fairness, justice, and benefit sharing.

NEST Protocol

StableCredit is an upcoming product in research & development that combines three pillars of existing DeFi infrastructure: Minting synthetic debt (DAI, Synthetix); Decentralized lending platform (Compound, AAVE); Automated Market Maker (AMM) functionality (Uniswap, Sushiswap).

StableCredit will enable users to deposit assets as collateral and obtain a line of credit (denominated in StableCredit USD) based on the dollar value of the assets at deposit. For example, a user can deposit 100 LINK and will obtain $1,100 worth of StableCredit USD (at the time of writing LINK is ~$11). StableCredit USD can then be traded for other assets available in the protocol.

Exchange rates between StableCredit USD and assets in the protocol are determined by price feeds from oracles (Chainlink), and current utilization ratios of assets within the platform. For example, if liquidity providers have lent 100 DAI to the pool and 90 DAI is borrowed, the utilization ratio is 90%. Similar to how bonding curves work, there will then be a significant premium for any additional DAI borrowing (the cost to borrow DAI will be > $1). Users will be able to borrow up to 75% of the value of their collateral (i.e., utilization ratio of 75%).

The AMM will also support single-sided liquidity exposure for liquidity providers (LPs). Current popular AMM models, such as Uniswap and Sushiswap, require LPs to deposit both assets in a liquidity pool. For example, in a ETH-USDC liquidity pool, the liquidity provider would be required to deposit ETH and USDC in a 50/50 ratio. This increases the barrier to entry for liquidity providers and also the capital requirements. Single-sided liquidity provisioning will enable LPs to deposit only one of the assets in the liquidity pool (i.e., either ETH or USDC). As a result, the barriers of entry to be a LP will be greatly reduced, and should contribute to an overall increase in capital efficiency.

StableCredit

Marble, an open-source bank on the Ethereum blockchain. The Marble smart contract owns Ether and tokens and makes its funds available to provably fair, low-risk protocols that require a lender.

The first of these integrations, a concept we’re calling flash lending, is deployed to the Ethereum mainnet in public beta.

Flash lending lets anyone borrow Ether and ERC20 tokens to take advantage of arbitrage opportunities on Ethereum. A smart contract can execute any arbitrary code after borrowing as long as the funds are returned to the bank within the scope of the same transaction. While simple in design, this allows developers to easily profit from inefficiencies in the prices of Ethereum assets without using their own capital.

For example, it’s possible to use flash lending to make arbitrage trades on decentralized exchanges. There are now several DEXs on Ethereum such as 0x, Bancor, and Kyber, which often have small price differences. With flash lending, a trader can borrow from the Marble bank, buy a token on one DEX, sell the token on another DEX for a higher price, repay the bank, and pocket the arbitrage profit all in a single atomic transaction.

Decentralized exchanges still account for only a very small percentage of overall trading volume of cryptoassets. Arbitrage trading creates liquidity and improves price discovery, which is an important step towards making decentralized exchanges more usable. Flash lending makes arbitrage trading more accessible by empowering traders to earn arbitrage profits without risking their own capital.

The smart contracts are deployed to the Ethereum mainnet in public beta. Visit our repo for a technical overview of our implementation. The bank currently has a balance of 2 Ether, which serves as a bug bounty. We’re excited to support a developer ecosystem, so if you are building a project that can leverage flash lending, please let us know! This might include an arbitrage bot, support for a new exchange (or for auctions, token sets, etc.), or something we haven’t even thought of yet.

We’re building Marble in a modular way, so that it can act as a generic on-chain lender in diverse use cases, such as margin trading and collateralized loans.

Marble

Degenerative, Built by Yam. Built on UMA. Built for Degens.

Degenerative Finance is a collaboration between Yam Finance and the UMA Project to develop a suite of innovative DeFi derivatives, starting with the inaugural launch of uGAS, which tracks and hedges the cost of gas on the Ethereum blockchain, and with many more exciting synthetics to come.

Deposit ETH as collateral to mint uGAS tokens. Each uGas token represents 1,000,000 gas and expires at 00:00 UTC on the 1st day of the following month. You can withdraw collateral at any time as long as the Minimum Collateral Ratio is maintained.

Hold your uGAS tokens until the expiry date or trade them on your favorite DEX to pocket the difference between your minting cost and the uGAS spot price as profit.

Mint and deposit your uGAS tokens in the Uniswap uGAS/ETH LP to earn UMA liquidity provider rewards. To qualify, users must both mint and deposit their uGAS tokens. Tokens which are traded and then deposited will not qualify.

Redeem your uGAS tokens upon expiry for ETH. The settlement price for uGAS is based on the rolling 30-day median price of all Ethereum transactions.

Degenerative

Aave is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets.

AAVE

Gelato, Automate your Ethereum smart contracts. Outsource your web3 DevOps needs and enjoy the perks of Ethereum's most reliable bot network at your fingertips.

Gelato enables users & developers to automate their Ethereum dapp interactions with projects like Uniswap, Maker or Compound.

Gelato

The Yield Protocol is a standard for a token that settles based on the value of a target asset on a specified future date, and which is backed by some quantity of a collateral asset. We call these tokens “yTokens.”

You can create yTokens by depositing collateral, then sell them to effectively borrow (and short) the target asset. Buying yTokens is economically similar to lending the target asset. The effective “interest rate” received by yToken holders is determined by the discount at which yTokens currently trade, as well as the time to maturity.

yTokens can also be used as a building block for more sophisticated products. While each maturity of yTokens has a fixed expiration date, you could build a perpetual product on top of it, by implementing a pool that invests in short-term yTokens and automatically rolls them over upon expiry.

Yield

We are tokeninzing the best interest rate across different lending protocols on the Ethereum money market. We connect different lending protocols with a decentralized rebalance process to always give you the best available rate.

This product allows investor to optimize profitability. By buying and holding IdleDAI (an ERC20) tokens your underlying DAI position will be automatically rebalanced when the best rate changes to always give you the most profitable return.

Taksh

Rise and DeFi!

Taksh Introduction

Taksh Team