Concentrate your Liquidity in the Bull or Bear Market Without Much risk and More
Trade BTC, ETH, AVAX and other top cryptocurrencies with up to 30x leverage directly from your wallet (& save on fees using our link HERE)
DeFi Slate Fam:
One of the biggest downfalls to DeFi in the last couple years has been the LP experience on DEXs…many participants have lost money from Impermanent Loss (IL).
IL happens when the two tokens move in a divergent way thus causing rebalancing to maintain the 50:50 ratio…and not to mention, its tough to hedge a bear market while in a volatile AMM pair.
Maverick Protocol has a solution, building with the idea of Uniswap V3 in mind (but not atop Uniswap), they have created a novel design to allow users to bet directionally with their LP position.
Effectively, you can concentrate your liquidity in the bull or bear direction and be paid more if you’re right and not necessarily lose dramatically more if you’re wrong.
I spoke with Bob, a Phd and total wiz, about the ins and outs of this dynamic liquidity provision product. Very interesting stuff here in the depths of the bear market.
🙌 Together with:
Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!
🔥 Partner Project Updates
One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
🚨 Want to learn DeFi from Silicon Valley Investors & Entrepreneurs? Check out the DeFi Masterclass Here!
🌐 Check Us Out On Twitter!
🚀 Join the community on Telegram Channel to get our free V.1. yield farming guide!
📺 Subscribe to our YouTube channel!
👩💻 Join the DeFi Slate DAO Discord Server!
🖼 Interested in NFTs? Check out our new project NFT Slate!