This morning, the decentralized protocol 1inch announced the issuance of coins and airdrops to early users.
Those who received the airdrop happily sent a message thanking the Christmas gift. If you missed the airdrop, whether you beat your chest and your feet, regret it.
In 2020, we have witnessed many phenomenal "coin throwing" projects such as Uni, GRT, 1inch, and LON. The more can earn millions of dollars, and the less can reach 10,000 yuan. The airdrop in the currency circle seems to be telling you that the money comes from a gale.
I missed the "coin" project above, where is the next opportunity? Odaily Planet Daily has sorted out the decentralized protocols that have not yet issued coins, and interested users can focus on them.
It should be noted that many projects have now set airdrop conditions for the wool party, such as this 1inch: there will be at least one transaction before September 15th, or at least 4 transactions in total, or a total of at least $20.
Therefore, it is best for users to reasonably set their transaction amount and transaction frequency to prevent missing future airdrops.
Matcha
URL: https://matcha.xyz/
Daily trading volume: US$14 million
Introduction: Matcha is an on-chain aggregation exchange launched by the 0x protocol of the decentralized exchange liquidity aggregator. It can be combined with DEX such as Uniswap, Kyber and Oasis to use smart order book routing, and with 0X Mesh to provide the best in the market fluidity. When a trader places an order on a new service called "Matcha", the transaction will be divided into multiple different networks, including 0x Mesh, Uniswap, Cursive, Oasis and other "proprietary liquidity sources" to get the most Good price.
In addition, Matcha uses "meta transactions" to help users reduce the cost of token exchange on the chain. In addition, Matcha has also been trying to use "Ethereum fee tokens" to lock in transaction costs when the Ethereum fee is at a low level, and play a role in reducing or waiving when the fee increases.
dYdX
Website: https://dydx.exchange/
Daily trading volume: US$51 million
Description: dYdX is Ethernet Square
In terms of spot, dYdX mainly provides trading pairs in three currencies, ETH, DAI and USDC, among which DAI/USDC has the highest trading depth.
In terms of leveraged trading, dYdX supports up to 5 times long and 4 times short. Users can deposit margin for leveraged trading, thereby amplifying their profits. In leveraged trading, in addition to paying interest on borrowing, users also need to pay a transaction fee of 0.05%-0.5% for the platform based on their transaction pair and transaction amount.
In terms of lending, 5% of the borrowing interest paid by users will be deposited into an insurance pool to deal with the occurrence of short positions.
Website: https://tokensets.com
Daily trading volume: $19.7 million
Introduction: TokenSets is a cryptocurrency investment portfolio management platform developed based on the Set Protocol protocol, supporting mainstream assets such as ETH, WBTC, DAI, USDC, etc. Set Protocol is a digital asset portfolio creation and management protocol.
TokenSets provides users with two different types of investment portfolios, one is an automated management strategy with smart contract codes to define rules, and the other is a manual strategy, mainly by experienced traders with many years of trading experience to manually formulate trading strategies .
InstDapp
Website: https://instadapp.io/
Locked position: 150 million US dollars
Introduction: InstaDapp is a one-stop DeFi asset management platform that provides users and developers with a single point of integration, safer and scalable access to all DeFi protocols.
InstaDapp provides users with a highly expandable contract wallet that can perform complex aggregation operations based on contract wallets to meet the needs of experienced DeFi users to manage assets in Maker and Compound at the same time. At the same time, on the basis of supporting the functions of Maker and Compound's own platforms, InstaDapp also provides functions such as one-click switching of platforms to help users easily switch to a lending platform with cheaper interest.
More importantly, it is completely free to use, and users only need to pay for gas.
MetaMask Swaps
Website: https://metamask.io/, used directly in the MetaMask plugin.
Daily trading volume: no statistics
Introduction: MetaMask Swaps is a transaction aggregator released by the decentralized wallet MetaMask.
MetaMask Swaps aggregates decentralized exchanges including Uniswap, Airswap, Kyber, 0xAPI, 1inch, DEX.AG, ParaSwap, Totle, etc., to ensure that MetaMask users always get the best price with the lowest network fees. In addition, each transaction charges a transaction fee ranging from 0.3% to 0.875%. MetakMask has not yet issued any platform tokens.
Emoon
Website: https://www.emoon.io/
Daily trading volume: unknown
Introduction: Emoon is an aggregator of DEX aggregators. It aggregates quotes from several major DEX aggregators through API calls: 0x, 1Inch Exchange, Totle, ParaSwap and Dex.ag, and trades on various exchanges such as Uniswap, Sushiswap, Bancor, etc. In addition to currency transactions, Emoon also supports deposits of legal currencies such as Google Pay and Apple Pay to directly purchase cryptocurrencies. Currently, Emoon team members remain anonymous, there are no audit reports, and no platform tokens are issued.
BlockFi
URL: https://blockfi.com/
Daily trading volume: none
Introduction: BlockFi is an encrypted asset lending platform. Users can deposit encrypted assets and get 8.6% annualized income, or they can mortgage encrypted assets to lend USD. In addition, BlockFi also supports spot trading. By aggregating multiple DEXs, users can get the best price.
OPYN
Website: https://opyn.co/
Daily trading volume: US$4.32 million
Introduction: Opyn is a general option protocol built on the Ethereum blockchain, which can protect DeFi assets from risks. The current insurance objects include ETH, cDAI and cUSDC in Compound.
For compound deposit users, after depositing assets to obtain cToken, they can pay the premium by purchasing oToken, and then regardless of whether Compound is run or hacked, they can redeem their assets with the oToken and cToken in their hands.
You can become an insurer on the Opyn platform. You can obtain the oToken mentioned above by providing collateral to Opyn's insurance fund pool. You can earn insurance premiums by selling oToken in the market. However, if the mortgage rate is less than 140% during the underwriting period, it will be liquidated. At this time, collateral can be added or oToken can be bought back from the market and destroyed to avoid liquidation.
Zapper
Website: https://zapper.fi/
Daily trading volume: none
Introduction: Zapper is a DeFi asset management platform that helps users make one-stop investment, monitor and manage all their DeFi assets and liabilities.
Zapper was formed by the merger of DeFiSnap and DeFiZap. You can browse the investment opportunities of more than 20 DeFi platforms at the same time on Zapper, thus saving your time and energy. You can also view all your DeFi assets and liabilities on a dashboard.
The most important thing is that you can easily provide liquidity to the market in multiple DEX (Uniswap V2, Curve) that support constant product automatic market maker function, and balance your liquidity positions among different markets to create Your own opportunity and get a pro rata market maker commission. Zapper packs all the complex technical details of the underlying layer for you.
Zapper is a free service and there is currently no public audit report. In addition, due to price fluctuations in shopping malls, when you are an automatic market maker, you may suffer impermanence losses at certain times.
Dharma
Website: https://www.dharma.io/
Daily trading volume: none
Introduction: Dharma used to be a decentralized lending platform. Now it has been upgraded to an OTC platform. Users can purchase cryptocurrencies directly from their bank accounts. At the same time, the currency transaction function is added internally to facilitate users to exchange encrypted currencies.
In terms of handling fees, Dharma has recently updated its free Gas policy, defining three scenarios separately. For the deployment and restoration of the Dharma smart wallet contract, the gas transaction fee will be borne by Dharma; for the transaction function in the wallet, the gas transaction fee will be provided by Dharma for the transaction amount greater than US$500, and the gas transaction fee will be provided by the transaction amount below 500 US dollars. The user pays; for the user's withdrawal operation from the Dharma wallet, the Gas fee will be paid by the user. When users are required to pay for Gas fees, users can choose any token to pay on their behalf.