How will Furucombo become the Super Defi aggregation platform

The Defi craze of 2020 undoubtedly completed a lot of Ethereum user education, and spread the Defi fire to trading platform public chains like BSC Smart Chain and new public chains like Solana via Ethereum and its wallet Metamask.

But with the further development of the market, simply reducing the charge is not the core of public chain ecological competition. No matter how "attractive" on-chain Gas costs are, new elements, new protocols are needed to improve the market infrastructure and ease of use to further energize DEFI's market, allowing DEFI to accommodate more capital and become more user-friendly, and to truly "go out".

Therefore, as the DEFI market enters the second half, the emergence of new agreements, such as the concept of fixed interest rate, synthetic assets, on-chain derivatives agreements and other market segments are often mentioned.

But the most familiar and frequent Defi users know that this is far from the case, and one of the most overlooked things about Defi is that it hasn't really taken off, not only because it's difficult for novices to participate in Defi, but also because even skilled Defi users aren't able to fully exploit Defi's potential. For beginners, frequent operation between different DeFi protocols can "get lost"; For experienced DeFi users, code is one of the biggest barriers to entry.

Just like when users use Internet applications such as Meituan or Didi, they do not need to consider whether they can use code, but only need to pay attention to price, interface and user experience. Nowadays, many application functions of Defi still rely on code, such as cross-protocol and repetitive operation, as well as high-end operations such as on-chain clearing, spread arbitrage and flash lending. These are the attractions of DEFI.

This gap in the market was seen by Furucombo.

Everyone is a product manager

A lot of people have bright ideas, like creating an Internet application that can solve some problem, and all of those ideas end up with a lack of code knowledge. With DEFI for example, every time we see the lightning loan in a block of time to complete several steps, or even a dozen steps of the operation of the final profit, in envy at the same time can only sigh the powerful scientists.

Simulated Wrap.Finance attack with Furucombo (the Wrap contract is not connected to Furucombo)

Furucombo lets you do "fancy" things like a scientist without being able to write code.

Similar to IOS instructions, Furucombo can encapsulate and combine the interaction with smart contracts with visual UI modules, helping users to easily design complex DeFi combinations for themselves using visual UI with a series of combinatorial graphs without knowing the code.

The logic of Furucombo is a tool built for Defi users, just like building your own Defi Lego blocks, you can design your own Defi strategy by dragging and dropping without programming. It visualizes the complex DEFI protocol as a combination of multiple layers of operations. All the user needs to do is input/output the number of tokens and set the order of the multiple levels of operations (you can call this a "Lego block combination"), and Furucombo will package all the data sets into one transaction and send it. This is a great tool for users who want to perform operations across different protocols, or even for users who want to use lightning loans that require programming.

Like a quantitative tool, the average user, lacking knowledge of the relevant code, cannot make the computer do the trading automatically but manually. Furucombo acts as a quantization tool, and ordinary users quantify it directly through Furucombo.

At present, Furucombo has accessed 14 DEFI protocols, and has been continuously integrating other well-known DEFI protocols, gradually breaking through all fields of DEFI. Meanwhile, once the aggregator of Furucombo acquires a certain number of end users, it will attract more Defi ecological developers to come and actively put their product projects on Furucombo. More users will then be drawn to Furucombo to use these new services, and those large numbers will in turn attract more developers, creating a virtuous cycle.

In addition to the integration protocol, Furucombo continues to develop its ecosystem to bring additional functionality to the platform's users. Furucombo previously announced a partnership with Gelato Network, Ethereum's automated programming tool, allowing users to have their own on-chain automated trading bots on Furucombo without the need for programming.

Just like the Internet APP, users only need to know the process and experience of the application, but do not need to understand the principle behind it. Using Furucombo, just like Lego blocks, you can match the required Defi protocol on the screen like blocks, and then you can experience the products you match.

Everyone thinks differently. Everyone is a product manager and designer. Further making Defi offerings more accessible, in conjunction with the upcoming Strategy Platform system, Furucombo will eventually become the gateway/entry point for all Defi users to participate in on-chain activities.

New space for imagination

Before introducing the new product, one basic question needs to be clear first, why do we need Furucombo and why are there so many Defi "LEGOs" in the market? The bottom line is, why do we need those DEFI protocols? Why can't you centralize it on CEX (Centralized Exchange) for cash, leverage, contract trading, or loan lending?

Decentralized DEFI is an obvious solution to the problem of CEX opacity, which is one of the goals of the whole industry: to make structural changes in social production in a fair and reasonable way. In this process, different agreements solve different problems, and research and refinement in their respective niche areas, which not only ensure decentralization, but also allow the industry to grow. Of course, DEFI has a tendency to internalize at this stage, but token incentives, the "wealth effect", and user governance are important to users, which is why DEFI, over CEFI, is the gateway to a new paradigm.

Furucombo, for Defi, is a portal platform that helps resolve the "degree of fragmentation" between Defi protocols. Defi users can of course go to Uniswap for Altcoin trading, DyDX for contract trading or AAVE for borrowing and lending, but the composability after that is the key to DeFi as a whole. The combination of Furucombo, which links the various protocols into a community, may be the new paradigm for the future of the Defi industry. In doing so, not only does it address professionalism, but Furucombo addresses connectivity while maintaining the ultimate vision of decentralization and the reward mechanism of the DEFI protocol.

When products can be freely combined, there is room for new imagination, and Furucombo V2 also shows users its position as Defi traffic portal, and the possibilities for many use cases.

DeFi quantitative

Just like the quantitative trading of experienced traders in the capital market, different strategies and different combinations can achieve different returns. For example, the best understood arbitrage includes cross-platform arbitrage and on-chain clearing arbitrage, etc. Through Furucombo, ordinary users can arbitrage among the agreements of Defi completely, and even expand the arbitrage scale through flash lending.

DeFi with single

With orders is a common profit model of Internet brokers, top brokerage eToro has a tracking model, users can choose to follow the ideas of some senior traders trading, profit sharing. At the same time, Coin also has a similar mechanism in the industry. By accessing API, the followers of publishers can timely follow up the operation. However, the manual operation is not timely followed up, and the "same profit and loss" cannot be realized if the orders are not complete. There are even cases where the so-called "teacher" specializes in harvesting followers.

Through Furucombo, not only can you achieve DEFI shipping order, but also more timely and more safe.

Furucombo offers mature Defi investors, as well as its ideas, the possibility of earning new revenue. When a mature DEFI investor completes a set of high-quality strategy portfolios, anyone who is interested in this strategy can invest in it. The creator of the Combo strategy acts as a portfolio manager, launching a portfolio strategy and pooling investors' funds to execute the strategy. Other users can invest in high-yielding strategy groups that are interested in raising funds. Mature strategy creators can get revenue sharing, while investment users can get higher revenue beyond their own design ability, achieving a win-win result. By using the third party's smart contract to operate the capital, it makes it difficult for the strategy founder to do evil, thus ensuring the security of the capital. At the same time, the practice of concentrating funds in one place can also greatly reduce the time problem and avoid the situation of the operation is not timely.

Across the chain

Furucombo also has an important "hidden function", which is cross-chain.

According to the team, Furucombo will create a more user-friendly cross-chain experience for users: it doesn't matter what underlying public chain the Dex belongs to, but once the Furucombo connects to that public chain and its protocol, it can interact across chains. For example, if Furucombo is connected to the BSC smart chain, the user using the same address does not have to distinguish whether Pancake/Sushi belongs to ETH or BSC. Instead, the user can find the desired combination and connect it to the desired transaction strategy to complete the transaction.

The blockchain industry has been trying to get out of the way, and Defi's outbreak has given the industry hope, but for traditional financiers, Defi's threshold is too high and simplification is necessary, and Furucombo is trying to simplify Defi.

Defi Eco Developers, Defi Trading Specialists, and Defi Novices can find the features they need from Furucombo to make up for the lack of location. With the new features of Furucombo, perhaps in the near future, Furucombo will not only further stimulate the vitality and creativity of the Defi market, but will probably become the most important entry point for new traffic to Defi.

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