Author: dfmines

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Any gamers here? I have a rant to make. Decentraland. Probably everyone here heard of it. And many also bought and sell MANA. But how many of you actually even visited the website? It is now worth 4.87$ a token, with over 8.8 billion market cap. Now, I know how hard it is to make…
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Automated market makers (AMM) are becoming more popular as innovation and development in decentralized markets continue to accelerate. In the past two years, the demand for alternatives to centralized exchanges has been growing exponentially with the introduction of “Know Your Customer” (KYC) regulations and the implied interest shown by the “Securities and Exchange Commission” (SEC) on cryptocurrencies and crypto exchanges. In addition, as decentralized exchanges’ customers’ numbers continue to increase, more and more products and services are being introduced to cater diverse interests of new users. Alfprotocol will utilize Solana’s blockchain to expand on decentralized liquidity provision and yield farming with previously unseen leverage ranging up to 20x. The protocols will efficiently handle capital deployment between traders and investors to maximize liquidity provision (LP) for AlfMM (a decentralized exchange service) and AAlf (an overcollateralized borrowing service) for unleveraged liquidity while providing leveraged liquidity via external protocols which are handled by one of the protocols associated with Alfprotocol. Alf Leverage 101 Solana’s Alfprotocol comprises several modules that will work together to provide users with a complete intermediary product that will facilitate liquidity provisions. The treasury is one of the core modules that will handle collateral and the tracking of leveraged positions. It is the basis of all user interactions with the leverage protocol and will be responsible for any borrowed funds on behalf of users. The treasury module will not handle any position initiation or liquidation; the liquidation of unhealthy positions will therefore be the responsibility of the second module, which is the auction module that will get triggered by the treasury. Another core set of modules are the protocol connectors that are responsible for initiating and modifying positions triggered by the treasury module; these modules are responsible for connecting the treasury with the users and with external liquidity pools so long as the positions remain in a healthy state and are not subject to a liquidation trigger. Alfprotocol will continue developing and expanding connector modules to other Solana platforms to incorporate more use cases that suit users’ requirements. The final module is the lockbox module that will secure the collateral and track the value of positions. Lockboxes will be automatically created for leveraged users’ positions by initiating a wrapper on the deposited tokens to incorporate them into the Alfprotocol. Alfprotocol is an extensive protocol with many underlying advantages and high leverage liquidity, providing solutions for decentralized markets traders and investors using the Solana blockchain. Alfprotocol is currently in development. To find more info about the project and stay updated with the project’s current progress, please visit the website and check out the whitepaper.    

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If you are curious about Clover Finance, you are not alone! Now listed on Coinbase, Clover Finance is no longer just a new player in the space, it’s a leading name in the DeFi space. In fact, Clover Finance is leading the interoperability phase for decentralized finance, bringing blockchain together to grow not only the Clover ecosystem, but increase the user-friendliness of DeFi and crypto as a whole. Here is a breakdown of how this revolutionary new platform actually works: Clover Finance and its Consensus Mechanism: First of all, let’s break down blockchain. A blockchain is a system of recording information in a manner that makes it extremely difficult to change, hack, or cheat the network. Essentially the blockchain is a complex, fancy and way cooler version of a database of transactions. Instead of being stored in one place, copies of this database are distributed across an entire network of computers over the internet. They are connected with each other, but are not run by a central control point. Instead, they are decentralized and they follow exact rules in working with each other to keep the blockchain secure, decentralized and protected from bad actors. They also need an agreed upon way to deal with a single data value or a single state of the network. This is known as a consensus mechanism. Polkadot provides scaling solutions through parachains. Its blockchain framework, Substrate, is ideal for building bridges between different blockchains so they can operate together. Clover Finance is a blockchain built on top of Polkadot with the very purpose of building those bridges in the world of decentralized finance (DeFi). In Clover, there is a special kind of consensus mechanism called Nominated Proof-of-Stake or NPoS. How the Clover Finance Consensus Mechanism Works: Clover is built on top of Polkadot, giving the ability to build bridges between different blockchains. Using the standard system of Polkadot, there are two key members of NPoS: Nominators and Validators. Validators are the computer nodes acting to provide the infrastructure and are responsible for the maintenance of the network. Nominators are token-holders who contribute economically, by, as you may have guessed, nominating validators of their choice. The nominators are essentially rewarded when the Validators do their job to secure the network, along with the Validators. And if it was found that those Validators misbehaved, the Nominators are also penalized along with them as well. An In-Depth Look at Clover Finance: Let us look closer at the inner working of Clover Finance and its ecosystem: ERC-20: Clover Finance is built using the ERC-20 token standard, which is a coding standard used within the Ethereum blockchain. This essentially gives the rules and actions that an Ethereum smart contract or token must follow and steps to be able to execute it. Cross-Chain:  Solana and Polkadot are in the background of Clover finance. Clover is building bridges between blockchains, and is fully interoperable with and harnessing the power of Solana and Polkadot. Interoperability: Clover Finance has the capability of bridging blockchains together and is working to connect with and integrate with numerous wallets. The Clover wallet already supports Ethereum, Polkadot, Kusama, Binance Smart Chain, Avalanche, Fantom, and Edgeware. The Clover Finance team is working to continue to expand this regularly. Multiple Swaps. Clover Finance wallet gives the user the ability to swap cryptocurrencies in all wallets that are supported. Other wallets can only perform one swap. Ease of Use. With the Chrome Wallet Extension, you can literally just log into Clover Wallet via your email address on Google. This also works on the Brave Browser in the same way. With the amount of blockchains supported, and the swap features above, this takes many steps out of a complicated process where one has to go to an exchange, buy a cryptocurrency, swap, transfer to their wallet, etc. NFT dApps. Clover is built as the ideal ecosystem to connect with dApps.  The wallet can connect to dApps and supports holding NFTs. The “Always On” Function. In Basic or Standard Mode, you can have the “always on” function on. Essentially, there is a function app running in the background, preventing the app from being idle, but also saving time when you go in and want to use it. Social Media Connect with Clover Finance and learn more across social media and the web here: Website | Telegram | Discord | Twitter | Github | WhitePaper  | Cloverwallet  

I got a message zksync would launch a token sale on zksync.sale This is not legit! The address has already received over 20 ETh! https://etherscan.io/address/0x3e3aecee63ccd5c96ba6fa19666d64e194457e06 submitted by /u/Tm1337 [link] [comments]

Starting in 2013 with a supply limit of 100 billion coins, Dogecoin eventually switched to an uncapped supply.

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