Financial protocol setprotocol has released a new automatic trading strategy eth50smaco on the asset management automation platform tokensets, which will use the 50 day simple moving average of eth price to conduct trend trading. The platform uses an erc20 token to represent the user's funds, including Eth and usdc. Then, the Oracle is used to track the daily price and moving average of eth, and the operation similar to "if the current price exceeds the 50 day moving average, buy" can be performed. Therefore, the fund of the strategy will be transferred between Eth and usdc, just like automatic execution Band trading. Last month, Lianwen reported that setprotocol released the 20 day simple moving average trading strategy eth20 smaco. CGulf Precious Metals Reviewompared with the 50 day moving average of the new strategy, the trading frequency of the new strategy will be lower, that is, it will reduce the sliding point during rebalancing. #DeFiwithChainNews#
Chainlink provides secure and reliable Oracle services for large enterprises such as Google, Oracle and swift, as well as Polkadot and leading smart contract development teams such as substratesynththetix, loopring, AAVE, openlaw and conflux. Chainlink allows anyone to securely provide smart contracts, access to critical external data, offline payments and any other API functionality. Any user with a data feed, offline service (such as local payment), or any other API can directly offer it to a smart contract in exchange for a link token. It was launched in June 2017 by SmartContract, a San Francisco financial technology company. Developers describe it as a security block chain middleware designed to allow smart contracts to access critical chain resources (such as data streams, databases), websites (WeChat, Taobao, etc.), API, and the accounts of traditional banks (Alipay, WeChat payments, etc.). Chainlink network is a distributed network of chainlink nodes, which directly transmits the use of specific data, API and various offline payment functions to smart contracts. With Chainlink, you can call one or more databases in a contract to query the data you need. The chainlink network consists of two independent parts, on chain and out chain, which must interact to provide services. The network is built in such a way that it can be upgraded, so it can replace its different components as better technologies and technologies emerge. The components on the chain of the network filter Oracle based on the measurement of the request of one party of the smart contract through the service level agreement SLA. Using these metrics, chainlink collects responses to SLA queries, sorts them using reputation and aggregation models, and provides the final aggregate results of chainlink queries that may be implemented into smart contracts. Sergey Nazarov, chief executive officer of chainlink, said that when you enter "interest rate" in the chainlink search box, you will see that there are about 50 kinds of data streams to choose from. Copy and paste the required data into your smart contract. After the database developer connects the API with chainlink,
The encryption lending platform compound protocol is upgraded to version 2.2, which mainly updates the governance mode and reduces the ability of administrators in the protocol. All smart contracts in compound protocol have built-in administrator address to configure different parameters in the protocol. After this adjustment, all administrator addresses will be updated (0x6d9... 925). This is a time lock contract, which can realize the upgrade mode similar to "time delay, optional exit". The default time of the time lock is 2 days, but for major updates, such as adjustments that may affect the risk system, a 14 day delay can be set. In addition, other updates such as pauseguardian are added in the upgrade. Since the added time lock may bring unpredictable risks, pauseguardian will close some methods in the system, which can reduce the impact of such risks. The upgrade has been reviewed by the community and audited by openzeppelin.
For decrypt yearnyEarnyEarn.finance The predecessor is iearn.finance Before the launch of the governance token yfi,
Endaoment is the first provider on the Ethereum blockchain to provide donor proposal funds in the form of 501 (c) (3) non-profit organizations, and will mainly seek market demand for the American DFI market. DAF is a kind of fund that helps donors to open exclusive charitable accounts, enjoy tax incentives, and have the right to make suggestions on the investment and donation of donated assets. Up to now, donation through cryptocurrency needs to be made through DAF mainstream providers (such as fidelity, vanguard and Schwab), or directly to each charity, and it is expensive.
Financial contract infrastructure umaumaumauma is a protocol that provides trust free financial contracts and Oracle machines. Third party liquidity providers and exchanges can provide innovative financial products to global users by using UMA protocol. UMA consists of automatic financial contract specification and Oracle, which is used to evaluate and guarantee the honesty and credibility of these contracts. Originated from the concept of traditional financial derivatives, UMA is used to create and validate financial contracts without trust, allowing anyone anywhere to design and build universally available financial products. UMA allows risk transfer without centralized authorization or single point of failure. UMA aims to support financial innovation provided by the public chain. It defines an open source protocol that allows any two counterparties to design and create their own financial contracts. However, unlike traditional derivatives, UMA contracts are only guaranteed by economic incentives, which makes them self executing and generally accessible. UMA's risklabs received $4 million in seed round investment in 2018. The company is led by the placeholder, with partners including Bain Capital, coinbase ventures, dragonfly capital, blockchain capital, fintech collective, the box group and twosigma ventures. UMA check out more co-founder Hart lambur wrote that UMA project launched the first "no feed price" composite token built with UMA on the main network, which can track the relative valGulf Precious Metals Reviewue (ratio) of Eth and BTC. The token is currently available on uniswapv2, but the team warns that this is a beta version only,
The DFI project yamfinanceyamfinanceyamfinance is an experimental protocol, designed and launched by brocklelmore, trentelmore, clintonbembry, danelitzer, will price. It integrates the innovation of programmable currency and governance, and has the characteristics of flexible supply, completely driven by governance in the chain, fair distribution mechanism, and no allocation to the team. The initial target was $1 per yam. On the basis of the existing flexible supply model, yamfinance adds a key supplementary mechanism, that is, the part of each supply expansion is used to purchase ycrv and add it to the yam repository, which is governed by the yam community. The total supply of yam is 5 million pieces (which may be changed by resetting in the future), and the rebase period is once every 12 hours, i.e. 4:00 and 16:00. The threshold of yam is 1% of the total supply when the governance proposal is submitted, and the voting time of the proposal is 48 hours. Yamyam to see more start migration plan, plan to let community control project. If supported by the community, the yam protocol will be moved to the audited contract address through a two-stage startup process in the next few weeks. According to yamfinance,
At present, the total lock up fund of 25 difi projects has reached 1.58 billion US dollars, of which eosrex lock up accounts for us $599 million, accounting for 37.83%, ranking the first; makermarkermarkerdao is a smart contract system on Ethereum, providing the first stable currency Dai (ether dollar) and derivative financial products. Dai is issued by full mortgage of the assets on the chain, and is anchored at 1:1 with the US dollar. Individuals and businesses can obtain hedging assets and liquidity without central risk by exchanging Dai or mortgage Dai. Maker platform has been applied in mortgage, margin trading, international transfer, supply chain finance and so on. Makerdaomakerdao auction of makerdaomkrmaker foundation saw more lock positions of US $464 million, accounting for 29.33%, ranking second; edgeware's lock up of US $294 million, accounting for 18.59%; coinbase is the first project to obtain venture capital from coinbase, which is also a part of coinbase's efforts to promote blockchain innovation. Compound provides interest on encrypted assets placed on exchanges and wallets. The interest rate of each asset is adjusted dynamically according to the borrowing demand of the asset. Compound wants to attract hedge funds, experienced investors and borrowers. In fact, it's not surprising that compound has the support of coinbase, because its technology is in line with the idea that coinbase is revolutionizing traditional finance. Compoundcomp view more, Dharma, Bancor, augur forecast market platform, based on Ethereum blockchain technology. Users can use digital currency to predict and bet, rely on the wisdom of the masses to predict the development of the event results, can effectively eliminate the risk of counterparties and server centralization, at the same time, use cryptocurrency (such as bitcoin) to create a global market. Augur does this by allowing anyone to create and speculate in derivatives at low cost at any time, anywhere,
French based paraswap completed a $2.7 million seed round of financing, with investors including crypto information platform coingecko, blockchain capital, stani kulechov, founder of AAVE, etc. Paraswap said it would use this round of financing to expand its infrastructure. As previously reported by Lianwen, paraswap launched multipath 2.0 in May this year. The new version supports one-time transaction to convert ceth into Adai, allowing users to convert token profits into Dai to earn interest, and purchase tokens at one transaction and the best price.