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DeFi picks up, 13 new DeFi projects worthy of attention

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13 Creative New DeFi Projects

Original author: @burstingbagel

Original compilation: 0x711, BlockBeats

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The DeFi market is picking up, encryption researcher @burstingbagel shared 13 DeFi start-up projects on social media, and BlockBeats translated them as follows.

Entangle Protocol< /a>

Entangle Protocol is the first to use synthetic derivatives to synergize liquidity and A cross-chain protocol that gives value to liquidity in common Layer1 and Layer2 ecosystems. In simple terms, the protocol allows users to seamlessly interact with liquidity pools across chains.

dAMM Finance< /a>

dAMM Finance provides secure Insufficient mortgage. Market making is capital-intensive, so it generally has to be over-collateralized. dAMM Finance's under-collateralized credit guarantees the safety of the lender's funds.

< a href="https://twitter.com/debtdao">Debt DAO

Debt DAO also provides under-collateralized loans. Their approach is to provide income-based financing contracts for both lenders and borrowers. The income generated by the borrower's product or service will automatically repay the principal and interest generated by its loan.

< a href="https://twitter.com/split_finance">Split

Split is creating an automated arbitrage DEX aggregator with innovative trading tools. The protocol aims to provide convenient arbitrage tools for the masses, which will mean a better DEX trading experience. The functions currently planned to be developed by the protocol include: Gasless trading, floating stop loss tools, and copy trading.

Abacus

Abacus is creating an NFT valuation system. Accurate valuation of NFTs will enable better composability and capital efficiency of NFT financial products such as NFT-based loans. NFT project parties can obtain veABC to motivate the agreement to evaluate their collections.

Guzzolene Finance< /a>

If you know the story between Curve and Convex well, it's not difficult Understanding Guzzolene Finance. The protocol is like Convex for Abacus.

Gradient
Gradient

Gradient is an NFT loan that can be based on any NFT. Note is any NFT, including 1/1 NFT. The protocol does this by integrating with Abacus. Notice a trend here?

nftperp
nftperp

nftperp, as the name suggests, this protocol provides NFT perpetual contract transactions on the Arbitrum network . It's about time someone created an easy way to long or short NFTs and hedge positions. It is said that someone is using NFT with low volatility for airdrop mining. Seems like the APR is pretty high.

< a href="https://twitter.com/MimicryProtocol">Mimicry Protocol

Mimicry Protocol is an NFT prediction market that operates on a global collateral pool. This enables unlimited liquidity while trading with zero slippage.

Timeless Finance< /a>

Timeless Finance tokenizes the rate of return while allowing users to increase the rate of return and hedge Yields and even trade future yield movements. There is a lot of room here to combine with other defi protocols. Looking forward to the final results of the team.

< a href="https://twitter.com/y2kfinance">Y2K Finance

Y2K Finance allows users to fundamentally long or short the risks involved in different Stablecoins. Basically, if you're anticipating a breakaway event or looking to earn yield while protecting yourself, this might be the place for you.

Bebop
Bebop

Bebop is a zero-slippage decentralized trading platform and supports one asset Trade for multiple assets and vice versa. Both UI and UX are nice.

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Golom

Golom is an NFT trading market that aggregates pending order information from different NFT markets and provides analysis of high-quality NFT projects. Token pledgers can receive 0.5% of transactions on the platform as income. Kind of like a cross between Blur and LooksRare. Genesis Trading is live.