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13 DeFi projects that have recently caught the attention of researchers.

Leo

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The integration of new fields or public chains into a project always gives rise to new narratives.

Original author: Louis Cooper

Translated by: Leo, BlockBeats

Regardless of the bull or bear market, regardless of the age of the project, the combination of new fields or new public chains will always give birth to new narratives and attract more attention. DeFi researcher Louis Cooper recently introduced some AI+crypto, newly launched L2, and innovative narrative projects, which he believes are underrated. BlockBeats has compiled and translated them as follows:

X7 Finance

X7 Finance's application is Xchange, which is an anti-censorship Dex that provides leveraged initial liquidity. It offers users 10-1000 times leverage for swapping, borrowing, and more. Xchange can provide a large amount of capital to entrepreneurs and has a complex multi-token ecosystem. Unlike Uniswap, Xchange relies entirely on on-chain data for swapping. Don't trust anyone, trust the agent.

Code, DeFi forever.

BeepERC20

BeepERC20 is a fully automated token project operated by AI (its AI: Jarvis). Can AI really take over the release of tokens from humans? BeepERC20 can monitor and solve token taxes, buybacks, and destruction issues 24/7 in an automated manner according to instructions. Human management always has various problems.

Verasity

Verasity is an advertising optimization protocol that utilizes Proof of View to improve efficiency and reward token holders. PoV has been patented in both the US and China, and is used to combat advertising fraud by distinguishing between human and robotic ad viewers. PoV rewards creators who have real human audiences, rather than incentivizing false views (non-human ad views). With over 40% of advertising costs lost to fraud, a more effective system would benefit everyone.

yieldification

Perp Dex on Arbitrum/ETH, which provides NFTs as receipts, is a protocol that I was passionate about at the end of last year. It has now entered the integration phase and its NFT market has just gone live. I am very interested in seeing their performance in 2023.

Sperax

Sperax is an open-source financial software that revolves around SperaxUSD (USDs). By providing this fully collateralized (1:1 support) stablecoin, Sperax generates organic and sustainable automatic income for its holders, rather than relying on algorithmic stability like UST. The new Demeter protocol allows projects to create no-code incentive Uniswap v3 farms, and this new protocol may promote the adoption of Arbitrum.

Syrup.Finance

Syrup is a completely decentralized spot and perpetual trading platform that allows users to long or short with leverage of up to 100x (expandable based on available liquidity) without the need for registration or giving up custody of their assets. Syrup's ultimate goal is to become a one-stop platform consisting of advanced trading tools suitable for any type of trader, whether novice or experienced. They have launched impressive products during the bear market.

MASQ Web3 Browser

MASQ Web3 Browser is a Web 3-based browser. Its highlight is:

-Built-in VPN and earn ecosystem, and just released their Dapp store;

-Collaborating with Starlink;

- Stemming from a lack of trust in TradFi and a strong focus on privacy.

Gamma

Gamma is a protocol that focuses on liquidity management and market-making strategies. Recently, it has launched on Arbitrum, which boasts the following advantages:

-Convert liquidity into a simple passive income strategy.

- There are deep partners like Frax who manage liquidity for a large number of different protocols.

-Utilize LSD to achieve excellent APR.

Smolverse

Smolverse is the first proof-of-concept NFT project built within the Treasure ecosystem, deeply integrated with Treasure's token MAGIC, and also built on Arbitrum. This may mean that Smol will become a blue-chip project on Arbitrum in the next bull market.

Vesta

Vesta is a lending protocol on Arbitrum that mints stablecoins with over-collateralization. It offers zero-interest loans and has a TVL of 22 million and growing, along with numerous new vaults. Its over-collateralization feature makes it a safer choice.

DEXTools

DEXT is my preferred chart aggregator and tool for tracking long and short term trades. It has added some advanced versions and encourages people to use DEXT. The developers are constantly updating and improving it, so becoming a more perfect tool is only a matter of time.

PlutusDAO

Plutus is an Arbitrum-native governance aggregator aimed at maximizing user liquidity and returns, while aggregating the governance of the PLS token. Plutus focuses on creating excellent products around governance tokens on Arbitrum, with high APR, high emission ATM, and coverage of all major protocols.

Fetch.ai

Fetch.ai is a P2P AI-driven protocol. As an operating system for the Internet of Things, its goal is to create an interconnected digital world where AI agents interact in real-time, make decisions automatically, and execute protocols without human supervision. In the field of AI and crypto, Fetch.ai is the largest and most promising project with a clear revenue roadmap. Essentially, it is a SaaS and all payment media are its token FET.

"By 2025, the revenue of the global AI software market is expected to reach $126 billion," while Fetch.ai's market value is expected to exceed $1 billion.