DeFi

Hedge fund MEV Capital is trying to make DeFi accessible to the masses

Published

9 months ago

8 May, 2024

Hedge fund MEV Capital is trying to make DeFi accessible to the masses

Only 1.4% of all crypto users are involved in DeFi, highlighting the difficulty of convincing retail investors to join this opaque asset class.

The protocol locked in around $25 million in total value locked (TVL) for its debut.

(Shutterstock)

Posted May 4, 2024 at 11:31 AM EST.

DeFi-focused hedge fund firm MEV Capital is expanding from its institutional roots to make a first play for retail investors.

Gytis Trilikauskis, chief operating officer and general partner of MEV, said the asset manager has incubated Amphor, a new decentralized finance (DeFi) protocol that integrates a number of on-chain vaults.

Amphor’s goal is to use algorithms and on-chain technology solutions to simplify the many complexities of DeFi for the general public, with the startup emphasizing to potential investors that only 1.4% of all crypto users are involved in DeFi.

It accepts investments in Bitcoin, Ether and USDC.

“Basically, if you’re not in DeFi 24/7, and you’re not doing it consistently, it’s very difficult to navigate, because there are so many points, so many underlying protocols, so so much risk involved,” Trilikauskis said.

There are around six million DeFi users, representing a total value locked (TVL) of $98 billion, according to Amphor research – dwarfed by cryptocurrencies. cumulative A market capitalization of $2.3 trillion and 420 million active users.

Amphor’s strategy, which has no minimum investment, is designed to provide exposure to market-neutral returns, including through Liquid Takeover Tokens (LRT) on platforms such as EigenLayer. Amphor is a separate entity from MEV, which requires a minimum investment of $500,000 for accredited investors.

Learn more: Eigen Foundation to allocate additional $1,000 in EIGEN tokens to over 280,000 users

“We think [Amphor] can solve a big headache for smaller players and those who want to allocate $5,000 or $10,000, but don’t have more,” Trilikauskis said, adding that “we have the experience…and the relationships with these underlying protocols ultimately. .”

Basic Amphor Strategies

One of Amphor’s two core products uses what the company calls an “LRT Omni-vault” that enables automated new exposure on EigenLayer. A number of counterparties are involved, including Pendle, Uniswap, Curve and Balancer.

The second product creates a token based on the vaults managed by Amphor. These tokens, called LP tokens, are used as collateral for ether (ETH) perpetuals on CME and centralized crypto exchanges. The objective is to hedge and generate returns.

And there are plans to get involved on EigenLayer not only as a restorer, but also to operate its AVS nodes, which are equivalent to validators on the network.

Integrations are also in place to capture points in various projects, automatically converting these points into crypto assets over time. Amphor aims to be chain agnostic.

More than 80 crypto angel investors participated in Amphor’s seed round, according to marketing materials. The startup closed a $4 million funding round, saying the new capital would be aimed at strengthening the project team, as well as growing its technology stack, as well as expanding its additional blockchain networks.

The emerging protocol has attracted approximately $25 million in TVL for its impending public debut.

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DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Published

6 months ago

29 July, 2024

CoinFlix Staff

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

No spam, no lies, only insights. You can unsubscribe at any time.

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DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Published

6 months ago

29 July, 2024

CoinFlix Staff

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

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