DeFi

Pioneering a new standard in DeFi governance and utility

Published

7 months ago

26 June, 2024

Pioneering a new standard in DeFi governance and utility

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / DeltaPrime, a decentralized borrowing and investing platform, is excited to announce its Token Generation Event (TGE) on Uniswap and Trader Joe. TGE marks another innovation in crypto with the launch of $PRIME and $sPRIME tokens on July 1, 2024. Born in the bear market and operating on the Arbitrum and Avalanche networks, DeltaPrime’s inventive tokenomics design focuses on stable growth of its liquidity pools. , as well as community rewards and improved governance capabilities.

Community-focused and transparent, DeltaPrime has developed a new protocol with exceptional security measures for trustless, under-collateralized borrowing of crypto assets to be used for trading, yield farming, and providing liquidity on other whitelisted protocols.

The protocol’s revenue in the first quarter of this year exceeded $1.5 million and ColonyLab’s community seed round was 58% oversubscribed, demonstrating strong investor confidence in DeltaPrime’s vision and execution. Additionally, a significant LTIPP grant of 750,000 ARB, the same amount as those received by well-established platforms like Lido and Aave, highlights DeltaPrime’s emerging stature and reliability in the DeFi space. But unlike Aave, DeltaPrime is propelling the DeFi industry from the bloated past into the future of undercollateralized crypto lending.

By launching $PRIME and $sPRIME, DeltaPrime preserves its sustainable business model while rewarding and gradually transferring governance to its greatest supporter, its community.

Revolutionizing DeFi: Advanced Trading and Governance

$PRIME and $sPRIME empower users by providing enhanced trading and LP capabilities using idle capital and robust governance structures, setting new standards for participation and profitability in the decentralized finance (DeFi) landscape.

$PRIME, the main tradable token in the DeltaPrime ecosystem, is an integral part of the platform’s liquidity framework. As a versatile ERC20 token, $PRIME can be traded on open markets, used in liquidity pools on decentralized exchanges (DEXs), and transferred between entities, facilitating transparent market interactions.

$PRIME means community.

What makes $PRIME unique is its role in creating $sPRIME via liquidity pairs, such as PRIME-AVAX or PRIME-ETH, integrating it deeply into DeltaPrime’s operational and governance mechanisms. Contributing to LP is made simple through the DeltaPrime app, making it easy to acquire $sPRIME.

$sPRIME marks a significant innovation in the field of DeFi governance and revenue sharing. This LP token serves as a utility token within the DeltaPrime ecosystem and also as a governance vehicle, allowing holders to actively participate in decision-making processes. $sPRIME holders who support the growth of the platform enjoy the dual benefit of influencing the direction of the platform and contributing to and sharing in its financial success, which has notably raised $1.65 million in the first quarter of 2024.

Of the protocol’s total revenue, 33% goes to active $sPRIME holders, 33% to the treasury for further development, and 33% to the protocol’s insurance funds.

$PRIME issuances are dynamically calibrated based on current market conditions to ensure economic stability and sustainable growth. This adaptive supply strategy helps stabilize the value of $PRIME during market fluctuations, with mechanisms in place to increase supply during high demand and initiate buybacks when demand decreases. $PRIME is not a stablecoin, however, and is therefore sensitive to price changes based on supply and demand.

$sPRIME stands out as the first concentrated LP token used as the primary currency of a platform, in addition to generating governance power. The token becomes “live” by keeping the underlying liquidity centered around the current price, thereby increasing its value relative to that which supports the growth of the platform.

DeltaPrime stands out for its community-focused governance

At the heart of DeltaPrime’s approach is a commitment to transparency and a governance model that places decision-making directly in the hands of its users. $sPRIME holders who contribute to the growth of the platform not only receive 33% of the protocol’s revenue, but they also gain voting rights that shape the policies and direction of the platform. A user receives governance points by holding a 10:1 ratio of $sPRIME to protocol usage, either as a borrower or lender on the platform. This democratic process ensures that every decision reflects the collective will of those who use the platform, fostering a truly decentralized governance structure composed of active DeltaPrime users.

Prioritize safety

DeltaPrime prioritizes the security of user funds above all else. This commitment to security, coupled with DeltaPrime’s strategic expansion, has solidified its position as a trusted and enduring presence in the DeFi landscape. To mitigate inherent risks, DeltaPrime has implemented a comprehensive suite of security features designed to protect user assets and maintain the security of the platform: borrowed funds can only be used on whitelisted protocols and tokens , users cannot run away without repaying the loan, and there is insolvency protection through liquidation bots that monitor the health of loans.

Preparing for its 7th successful audit, DeltaPrime protects against market manipulation and exploits, and, in the unlikely event that multiple on-chain audits miss an issue, an insurance fund covers all affected depositors. DeltaPrime remains fully committed to providing a secure and reliable platform for all users today and tomorrow.

About DeltaPrime

DeltaPrime is your prime broker on a mission to unlock the full potential of DeFi. They do this by providing secure, under-collateralized loans with a focus on maximum capital efficiency. Built on the foundations of Avalanche and Arbitrum, their Prime account holders know they’re getting fast, reliable transactions for their most important investments.

Built on its inventive Diamond Beacon Proxy model, DeltaPrime’s deposit smart contracts are infinitely scalable and enable the platform to maintain the fastest turnaround time of integrations in the DeFi space.

Learn more:

X | Discord | AVERAGE | GitHub

Media Contact:
Delta Prime
https://deltaprime.io/
New York City, New York

SOURCE: DeltaPrime

Fuente

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.

Fuente

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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