Talk presented live and available at https://www.youtube.com/watch?v=__bzkD8h9KA
DeFiChain Tech TalkAugust 2022U-Zyn Chua@uzyn
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Topics1. Uniswap liquidity mining program2. Wrytes3. DeFi Meta Chain
Uniswap Liquidity Mining
https://uniswap.defichain.com
https://v2.info.uniswap.org/token/0x8fc8f8269ebca376d046ce292dc7eac40c8d358a
Uniswap staking1. 3 DEXes with rewards:1. ETH-DFI2. USDT-DFI3. USDC-DFI2. Must stake via https://uniswap.defichain.com to be eligiblefor LM rewards.
1% reward during trial
https://docs.google.com/spreadsheets/d/1zavKaPODJNprUtpX8IM4_7jRm1-YVkA_9B4p6ddL-i4/edit#gid=0
Demohttps://uniswap.defichain.com
DeFi communityLet's reach out to the wider DeFi community – esp. Ethereum!Show them the APR, and educate them about the nativeDeFiChain!
DeFi Options
https://wrytes.finance/
WrytesPrototype for Options for DeFiChain.Prototype is built on EVM.Features:- Liquidity mining!- Flexible strike price and parameters.- Analogous to automated market-maker (AMM) of DEX- Combined liquidity pool
WrytesTechnicalshttps://medium.com/birthdayresearch/decentralizing-options-a-new-approach-d7ef51f73747
Roles: Writer• Liquidity mining in DFI payout• Gets access to immediate premium• Provides guarantee to Optionssettlement• Exit requires wait time
Roles: Buyer• Purchase options via combined liquidity pool. No need tolook for counterparty.• Arbitrage against other Options market.• Pays premium (DFI).• Exercise if options expire ITM. (European style)
Early Preview
DeFiChain Options• Liquidity mining earning DFI (ERC20).• Trial for 3 months for feedback, bugfixes, improvements.• Recommendation for adoption into Native DeFi / DeFi MetaChain after that.• DFI rewards are already pre-allocated in DFIP.
DeFi Meta Chain
Features1. Full visibility on both chains:• Native DeFiChain + DeFi Meta Chain (EVM)2. Consensus:• Native DeFiChain: Proof of Stake + Work (PoS+W)• DeFi Meta Chain: Proof of Anchor• Native blocks emitfirst, carry DMC block meta data.• No block rewards at DMC, only tx fees.
3. Coin and Tokens interoperability• DFI and dTokens can cross chains• Fully trustless, no special nodes as all nodes have fullvisibility.• ERC20 compatibility – maximum compatibility withsmart contracts of today!Features
https://github.comDeFiCh/metachainFollow the devprogress
Exciting times ahead!