October 19, 2020 View Online
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Time for the Friday dance! You should open one of those Crypto Wines from Grap Finance. KuCoin hack was first, now BitMex founders are indicted, next up it should be Binance – right? Bitcoin is still trading above $10k so who cares.

Value Liquid will feature Flexible Farming

Value Liquid will provide flexible farming to its users for best APY on Ethereum
Yfv Finance revealed its roadmap for Value Liquid, an innovative automated market maker (AMM) designed to facilitate yield farming for its liquidity providers. Yfv finance combines many popular DeFi products such as automated asset management. Along with liquidity mining into one product, Value Liquid, incentivizing users with rewards in VALUE tokens. Interestingly, the platform will enable liquidity providers to move assets to another protocol while continuously earning rewards from the platform.

What is Value Liquid's flexible farming? It is team Yfv's answer to the competitive nature of yield farming for staking LP tokens. Currently, we find a landscape where DeFi platforms keep offering new incentives to attract liquidity providers. In most cases, the yield farmers are not interested in the project itself and rather the best possible returns. As a result, you find a scenario where participants continuously move their assets around. This clogs up the network and raises gas fees for everyone.

A disadvantage for small portfolios… If you can’t afford the high transaction costs of moving assets around. Then, you are stuck and will not earn the best yields. Value Liquid’s innovation is that it will minimize all costs associated with moving your assets to a new farming opportunity.
Flexible farming avoids inefficiencies… Instead of losing liquidity providers, Value Liquid provides a one-click solution for rotating staked LP tokens into a different protocol. This way the protocol still manages the liquidity, meaning there is no negative impact on slippage rates.

If you're feeling confused, check out the following graphic for Value Liquid which breaks down the roadmap plans.

What is DEGO Finance? Sustainable Liquidity Mining

dego finance is building new sustainable liquidity mining through DeFi blocks and NFTs
DEGO Finance is a DeFi farming platform for liquidity mining where users can deposit assets and earn rewards. At first glance, you may label it as another copycat following the food token themed protocols. However, the platform utilizes a different formula for rewarding liquidity providers, one that enables a more decentralized and sustainable ecosystem. Dego finance calls it liquidity mining with algorithmic adjusted.

Why use DEGO finance? Most of the popular DeFi farming protocols such as SushiSwap or SashimiSwap follow a design that rewards whales. Whales can easily earn huge chunks of liquidity rewards, which they usually dump on the market. For smaller shrimp farmers, this can have a massive negative impact on their DeFi strategy.
what is dego finance liquidity mining?
Dego finance NFTs
Furthermore, smaller portfolios cannot move their funds around easily due to high transaction costs. Overall, the craze has created numerous DeFi protocols that do not have sustainable ecosystems or tokenomics in the long run.

How does DEGO remain sustainable? The platform uses a set of deterministic algorithms for liquidity mining. When a user stakes LP tokens in the platform, it converts them to POWER to determine how much rewards they will receive. You could compare POWER to hashrate in Bitcoin mining. The formula puts less importance on the staked amount, and more on the total amount of participants. Which is why Dego Finance also has an upcoming referral program.

Hunting DeFi gems is costly… Being an early adopter can be worthwhile, but it is hard to catch the correct timing and you always risk the project being a scam. Dego mitigates this risk by following a modular design where every DeFi protocol (Aave, Uniswap, Yearn etc…) is a lego brick in its ecosystem. As a result, the platform creates a diverse investment portfolio for its users.
  • To add to the sustainability design, the DEGO governance token has a deflationary and profit sharing model. On every transfer, 1% is permanently destroyed through burning and 1% is transferred into the dividends pool.
NFT mining… the platform is forward thinking and has embraced the current market trend around crypto collectibles and art. Token holders can stake their DEGO tokens to yield farm unique non-fungible tokens which they can trade on OpenSea for additional income streams.

Crypto Wine with Grap Finance

grap finance lets you farm GRAP tokens and mint Crypto Wine collectibles in a gamification style
Crypto Wine with Grap Finance, a DeFi and NFT farming platform. Users earn GRAP tokens which let you mint crypto wine collectibles.

What is SnowSwap? Liquidity for Yearn USD Vaults

SnowSwap is liquidity for yUSD vault tokens from yearn finance
What is SnowSwap? Liquidity for Yearn USD Vaults. Supply yUSD tokens to earn trading fees and SNOW tokens. Help Yearn ecosystem grow!

Also take note

  • Don’t Buy Rope: Apparently nobody should be buying ROPE? Or should they, guess you will have to decide.
  • Lition: mainnet launch, their sidechain protocol is running and Lition Energy Mainnet is live.
  • YGY Finance: collateralized flash loans to boost stablecoin yield farming, with deflationary tokenomics – check it out!
  • Binance Card: Swipe Visa Card users (except SLATE tier) will be migrated to the Binance Card platform.
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The information provided on this email should not be taken as investment advice, financial advice, trading advice, or any other sort of advice. dExplain does not recommend the use of any decentralized application nor that any cryptocurrency should be bought, sold, or held by you. You should do your own research and consult a financial advisor before making any investments.

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