Continue Capital joint Venture Horse: Defi has three impressive innovations

在流动性挖矿初始阶段， Continue Capital（肯定牛资本） 联合创始人匹马就已开始了解 DeFi 流动性挖矿并保持长期追踪和高参与度。其个人观点在社区中也获得了较高的认可度，律动BlockBeats 在本文中整理了近期匹马在公开渠道的一些观点和简要介绍的流动性挖矿教程，希望对读者进一步了解DeFi市场有所帮助。He says recently DeFi market let himThe three innovations that impressed me the most are Ampl's magical Rebase approach. The second is Compound fluid mining; The third is the fair distribution of YFI.  

Founded in 2016, Continue Capital focuses on global blockchain venture Capital, early-stage investment in scientific and technological innovation enterprises, and secondary market quantitative services, etc. It deeply participates in and incubates blockchain innovative enterprises that promote technological progress and business model innovation.

This article does not contain any investment advice and is only intended to help users better understand DeFi market. Cryptocurrency investment is risky. Please do not blindly enter the market to protect against asset losses.

September 8 How to participate in Swrv mining and accelerated operations, views on YFI and progress of governance proposals

Many readers have asked how to participate in Swrv mining and acceleration operations, and users who have participated in Crv mining may better understand the concept.

The first step is to deposit stability currency, the second step is to deposit Swusd LP (liquidity) in DAO, and then you can participate in mining.

Acceleration calculates a lock cell parameter based on the number of USDT stored by the user. The number of USDT stored is different, and the number of lock cells is different with the number of TVL pools. So there's an optimal solution: how do you lock in the fewest SW tokens and get the highest Boost 2.5x?

Figure 1

First, the user needs to go to the CALC page to automatically match the number of USDT saved and pool share. There is no special operation for these two options. Next, choose a lock for 4 years (the longer the lock, the fewer SWS you need to lock). In Figure 2, if you store 10,000 USDT and lock 10 SWS, you find that Boost can reach 2.5x. So how do you tell if this is the optimal solution?

Figure 2

Let's verify that if we change the number of locks to 1 SW, we find that Boost is 2.26x, which means we can get a 2.26x speed bonus with 1 SW in the lock for 4 years. However, our target is 2.5x at most, so we will continue to adjust the number of lock lockers. After several adjustments, we will find that we only need 1.2 SW in the lock lockers at most to achieve 2.5x. That's the optimal solution.

Figure 3

The above step is the first step to speed up mining, and the second step is to go to the DAO page. Enter the number of 1.2 pieces and select the time on September 6, 2024 to Create Lock. The last step of accelerating mining is Lock after executing Claim, Claim any Swrv will do. Then it becomes official, and the user can go back and see how efficient they are.

About YFI

Some ask why YFI hasn't been mentioned recently. Not that I don't want to mention it, but YFI is growing so fast, it's almost rocketing. In the early days, we invested a lot of energy to participate in discussions, governance and maintenance, and now YFI has grown up and even become a god. If DeFi wants to pick a typical representative, the barometer of the DeFi world, it's YFI.

No matter from the market positioning, team technology, strength community consensus and team personality pattern, all are top. If you look at all the great proposals in the YFI community, and you can take each one and do a project on its own, it's just horrible. There will be a steady stream of talented people and outstanding projects. Of course, I (a horse) is the largest holder of domestic YFI token amount, the point of view will be more extreme, also welcome to discuss. But I think YFI will really be DeFi's shoulder if it goes on as it is.

Yearn Finance RoadMap:

Completed:

1. Community governance voting through the foundation model to accelerate development;

2. Aave mortgage YFI token for borrowing;

3. YFI holders can conduct Curve Governance proxy voting;

4. YUSD /yCRV upgraded version, stable currency that can still flow while financial management gains;

5. Insurance business, without KYC to vote on smart contracts;

6.  YETH, deposit ETH for financial income;

7. Reward innovative Vault strategy authors with revenue % split;

8. YLiquidate lightning loan leverage tool, to prepare for subsequent development.

Coming soon:

1. New front end involved (works of community members, which can be launched after a vote);

2. And forever will be a venture capital pool (no official release yet);

3. New revenue strategy of yYFI Vault;

4. YCRV Vault revenue accelerated;  

5. YETH will continue to take deposits.    

In a review of DeFi on 7 September, more attention should also be paid to project quality in participating in mobile mining

A good comb is needed for the latest development of the DeFi project. If we skip the Hollywood Sushi show, here's the Swrv (Curve Bifurcation project Swerve) we've been watching before. The lock has been around $400 million, not much more since September 6th, but the price of a single scrip has reached $4. (Currency price rises, lock amount is constant) Maybe the recent slump makes people feel that it is the king to directly raise and sell tokens after digging the mine, or maybe the Harvest/Yfii machine gun pool keeps digging and selling Swrv.

Participate in the flow of mining or to see the project. Mobile mining is a means of distribution, but it only temporarily gave COINS to FARMER (users participating in mobile mining). Although Sushi caused great damage to the anonymous community, people always felt that what they saw was "different", and even more so, it was a project they followed from the very beginning. New projects keep popping up, but this kind of social practice is so exciting and challenging that every investor may be walking a tightrope every day, nervous, afraid of hackers, bugs, breaking deals, and theft. You never know what's going to happen next. I feel like I'm hooked. Maybe that's the magic of being deeply involved.

August 31

Mining (if can throw security) is the time to make friends, you stand in time, there will be a may be in an impregnable position, capital utilization is the essence of earnings after sleep, when you are too busy to take into account all someone help you farm/machine (dig), you have to do is likely to be risk control, compound interest or you feel quiet time. Once I feel it, it is an explosion effect. In a Slogan with a resounding Slogan of YFI community, it means "Few understand".

On August 21

YFV launched a few days, the total lock from 5 million to now 25 million. Start with the problem: team anonymity. I now have some resistance to anonymous teams, depending on personal preference; Secondly, the contract has not been audited yet. The final total amount is 21 million, which should be much overestimated according to the current price of 4-5 USD.

The small team did think a lot of things about the Y series of counterfeit COINS. The first is locating DeFi mining polymerization, which is not simply Rebase air positioning; Secondly, there are few details about the original intention of saving gas fees for minority users, but I can think of YFI's YVault strategy.

The second is his unique vUSD and vETH, which are the bonus of digging YFV and will be distributed uniformly after digging. They have been written in the code. This flexible supply of stable currency vUSD is for small scattered users to join the happy farm mining, and a lot of possibilities can be derived from the later production.

Thirdly, the reward weight of the pool can be dynamically adjusted by voting, and the reward of the pool can be adjusted by the rate of inflation, which also penalizes users who do not participate in governance.

These are essentially self-interested aspects of the internally circulating Token model, but the key is how the revenue aggregator works and makes money. If the foundation is right, then everything else will evolve into a multiplier effect for the project, bringing strong added value; The core does not do well, then these designs are all mirrors, not from the spray. All I can say is walk and see if the small team can bring more surprises. (The volume of trade was mainly in Balancer pool, not Unis pool, which could be used for digging and selling.)

August 21 DeFi's three most felt innovations

Ampl has entered a difficult deflationary spiral and recently published a series of flexible financial routes. It has to be said that the Ampl team still has a very deep understanding of the financial industry as a whole,The three innovations that Defi has felt most so far this year (and there are many imitators to follow) are Ampl's magical Rebase approach (a series of imitations: Yam, Based, and various shrimp noodle fruit farms); The second is Comp's extensive mobile mining (Bal Mta Crv, etc.); The third is YFI's fair distribution (Yam, and the fruit-farmers series).

Defi's low cost makes it very difficult to maintain a competitive moat in the long run, which means that too many uncompetitive projects will not be able to fight back when the bubble bursts. Only by keeping a firm grip on the core leader can it beat the market in the long run. Up to the current business development, the three most anticipated unissued projects at the beginning (destined to be listed at a high valuation in the early stage) : Curve, 1 inch, Uniswap, can also cause great waves, as various Swap project emerge in endlessly, 1 inch Mooniswap has been online, and today (August 21) Ampl directly above the 9 currency liquidity pool, pool part yield is astonishing, this ability to grasp the opportunity to look for the trend, also let a person to the Ampl and 1 inch more cooperation in the future expectation.

We know that the Curve before the launch, a few months Premine stage, although tokens have not mark price, but the tokens will go to the user, is the most easy to dig, now is to wait for 1 inch liquidity mining plan, if attend Ampl nine pool, both Ampl rewards, and 1 inch tokens, this is the most worth waiting for.

This article is the personal view of Continue Capital co-founder Pyima and does not represent the rhythmic BlockBeats view. This article is for exchange study only and does not have any investment advice.

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