全球首个UGC+DAO聚合策略交易投资DEFI平台DP将在2022年上线

报告财经

发布时间: 2022-03-13 17:56关注

 

团队所在地；美国·硅谷

 

DP下一代Defi基础设施

 

★DP开发者：下一代流动性，旨在解决DeFi的痛点，没有无常损失，资金利用率高，易于使用！

 

 

★标签； 斯坦福大学 、 芝加哥大学 、J.P.Morgan、 高盛、币安、FTX、Gate、谷歌、协议控制资产价值（PCV）、流动性既服务（LaaS）、NFT均衡铸造协议、提高资本利用率、减少无常损失、为其他项目提供流动性、UGC交易策略分享与排行

 

 

★投资方 ； 泰坦资本（TITAN CAPITAL） 、等

 

 

★项目亮点；

 

 

①帮助用户实现UGC策略对比一站式协议选拔和调取，在节省时间和精力的同时，实现低风险和高回报

 

 

②通过积木策略工具，将复杂的投资策略简单化，利用对冲、ETF指数基金等策略最大化降低无常损失。

 

 

③作为高阶的defi协议集群，创造性的将借贷池Lend、流动性池swap、质押池Box结合在一起，从而把资金利用率至少提高3倍

 

 

④为其他的defi、DAO等项目提供“流动性即服务”创造更深的流动性。

 

 

⑤NFT均衡铸造也是项目的一大亮点。

 

 

本数据核心内容转载自DP-（谷歌自动翻译-仅供参考）仅供参考，不作为投资建议

 

 

原标题；DP:the world’s first swap platform of UGC + Dao will be launched soon in 2022

 

 

Without a doubt, the biggest craze to grip DeFi in 2020&2021 was liquidity mining. Liquidity mining, also known as yield farming, is an incentivization scheme that encourages crypto asset holders to lock their tokens in decentralized networks to obtain high returns . This effectively bootstraps the protocol, providing the necessary liquidity required for it to function.

 

 

毫无疑问，2020 年和 2021 年 DeFi 最大的热潮是流动性挖矿。流动性挖矿，也称为收益农业，是一种激励方案，鼓励加密资产持有者将其代币锁定在去中心化网络中以获得高回报。这有效地引导协议，提供其运行所需的必要流动性。

 

 

Although all decentralized financial platforms hope to provide users with non discriminatory, low-risk, high-return, user-friendly and open-source services. Easier said than done though.

 

 

虽然所有去中心化交易平台都希望为用户提供无歧视、低风险、高回报、人性化、开源的服务。不过说起来容易做起来难。

 

 

Impermanent loss，Crypto’s Silent Killer

 

 

无常损失，加密货币的无声杀手

 

 

Impermanent loss is the risk that liquidity providers take in exchange for fees they earn in liquidity pools. If impermanent loss exceeds fees earned by a user when they withdraw, it means the user has suffered negative returns compared with simply holding their tokens outside the pool.

 

 

无常损失是流动性提供者为换取他们在流动性池中赚取的费用而承担的风险。如果无常损失超过用户提款时赚取的费用，则意味着与简单地将代币持有在池外相比，用户遭受了负回报。

 

 

A recent study on impermanent loss conducted by crypto consultancy Topaze Blue found that around 50% of users staking their tokens in Uniswap V3 are suffering negative returns. In certain pools, the percentage of users who lost more from impermanent loss than they gained in trading fees was as high as 70–75%. For almost all pools impermanent loss surpasses the fees earned during the period and the average liquidity provider in the Uniswap v3 has been financially harmed by his choice of activities and would have been more profitable simply holding the assets.

 

 

加密咨询公司Topaze Blue最近对无常损失进行的一项研究发现，大约 50% 的用户在 Uniswap V3 中质押他们的代币正在遭受负回报。在某些矿池中，因无常损失而损失超过交易费用获得的用户比例高达 70-75%。对于几乎所有矿池来说，无常损失都超过了在此期间赚取的费用，而 Uniswap v3 中的平均流动性提供者因他选择的活动而受到经济损失，而仅仅持有资产会更有利可图。

 

 

“Due to the complex nature of impermanent loss, only a small handful of the most active and sophisticated users are able to reliably hedge against the risk and minimize its impact on their DeFi earnings,” said Nate Hindman, Head of Growth at Bancor.

 

 

Bancor 增长主管 Nate Hindman 表示：“由于无常损失的复杂性，只有少数最活跃和最成熟的用户能够可靠地对冲风险并将其对其 DeFi 收益的影响降至最低。”

 

 

Developer reduce the impermanent loss to the lowest？

 

 

开发商把无常损失降到最低？

 

 

A low-risk hedging strategy can be built on DP-PCV platform to greatly reduce the possibility of Impermanent loss,Unlike other traditional DeFi platforms, they only provide fixed trading strategies，Developer as a UGC DeFi platform, the strategy is diverse，Users can customize and create strategies such as DAO.PCV，ETF,Over-collateralized,carry trade to realize full protection from impermanent loss.As shown in the figure below, the blue line represents direct liquidity mining, and the red line represents hedging strategies.

 

 

在DP-PCV平台上可以建立低风险的对冲策略，大大降低无常损失的可能性，与其他传统DeFi平台不同，它们只提供固定的交易策略，开发者作为UGC DeFi平台，策略多样，用户可以自定义创建DAO.PCV，ETF等策略，超额抵押，套利交易，实现无常损失的全面保护。如下图，蓝线代表直接流动性挖矿，红线代表对冲策略。

 

 

Extremely low capital utilization in traditional defi.

 

 

传统defi中的资本利用率极低。

 

 

The cryptocurrency marketplace has its own economy. In an expanding economy, the velocity of money tends to be higher- this means that the faster value is exchanged, the more new value is created. Additionally, growing economies tend to have higher currency circulation rates.

 

 

加密货币市场有自己的经济。在扩张的经济中，货币流通速度往往更高——这意味着价值交换得越快，创造的新价值就越多。此外，发展中的经济体往往具有更高的货币流通率。

 

 

The capital utilization rates of DeFi are low due to the following two reasons:

 

 

DeFi 的资金利用率低主要有以下两个原因：

 

 

1, The Nature of Automated Market Making

 

 

1、自动化做市的本质

 

 

DeFi uses automated market makers, or AMMs, to settle all orders. AMMs use smart contracts and advanced math that enables liquidity and sets prices for pairs of cryptocurrencies. Most importantly, AMMs are responsible for risk management, making sure that there is enough liquidity at all times to prevent spoke and crashes- this means that they tend to be more conservative with reserve funds than individual market makers. Based on the parameters of most AMMs today, if a user wants to execute a large trade with a low amount of slippage, there needs to be a significantly higher amount of liquidity left in the pool in comparison to the size of the trade. For example, if you wanted to complete a $100,000 USD valued trade with 1% slippage on, the pool would need to have upwards of 20x the value of the trade to complete it.

 

 

DeFi 使用自动做市商或 AMM 来结算所有订单。AMM 使用智能合约和高级数学来实现流动性并为成对的加密货币设定价格。最重要的是，AMM 负责风险管理，确保始终有足够的流动性来防止轮辐和崩盘——这意味着他们在储备资金方面往往比个别做市商更保守。根据当今大多数 AMM 的参数，如果用户想要以低滑点执行大宗交易，那么与交易规模相比，池中的流动性需要显着增加。例如，如果您想以 1% 的滑点完成价值 100,000 美元的交易，则资金池需要达到交易价值的 20 倍以上才能完成。

 

 

2，Lending Overcollateralization

 

 

2，借贷超额抵押

 

 

In traditional finance, banks tend to reach about 50–70% loan to deposit ratio. This means that around 50–70% of the capital that they receive from their customers is circulated back through loans. Although this is not a perfect comparison to DeFi platforms for a myriad of reasons, it does shed light on how much fiat money is in use.

 

 

在传统金融中，银行的贷存比往往达到 50-70% 左右。这意味着他们从客户那里收到的大约 50-70% 的资金通过贷款流回。尽管出于种种原因，这与 DeFi 平台的比较并不完美，但它确实揭示了使用了多少法定货币。

 

 

The ratio of locked assets to lent assets on most DeFi platforms can be very low due to overcollateralization. For example, on many DeFi lending platforms, to borrow $100 worth of WBTC users may need to stake $150 worth of ETH. That $150 of ETH is locked into the smart contract and never circulated back into the market the way deposits or collateral would be at a bank. Only the loaned amount is circulated. Collateralization ratios on DeFi platforms can be upwards of 300% — that means for every $3 of assets locked, $1 of assets is used by borrowers.

 

 

由于过度抵押，大多数 DeFi 平台上锁定资产与借出资产的比率可能非常低。例如，在许多 DeFi 借贷平台上，要借入价值 100 美元的 WBTC，用户可能需要质押价值 150 美元的 ETH。这 150 美元的 ETH 被锁定在智能合约中，并且永远不会像存款或抵押品在银行中那样流回市场。只有借出的金额被流通。DeFi 平台上的抵押率可以高达 300%，这意味着每锁定 3 美元的资产，借款人就会使用 1 美元的资产。

 

 

Overcollateralization is useful and needed to this point because of the risk of impermanent loss (price risk), as well as the lack of credit history in DeFi lending. It has kept platforms solvent. To borrow, you need to risk something of equal or greater value. But it does cause a lot of value to not be used. DeFi’s main goal is to make financial products accessible to all, and overcollateralization does make this goal harder to achieve.

 

 

由于存在永久性损失（价格风险）的风险，以及 DeFi 借贷中缺乏信用记录，因此超额抵押是有用且必要的。它使平台保持了偿付能力。要借款，您需要承担同等或更高价值的风险。但它确实会导致很多价值无法使用。DeFi 的主要目标是让所有人都能使用金融产品，而超额抵押确实让这个目标更难实现。

 

 

Developer’s market-making algorithm achieve 300% capital utilization?

 

 

开发者做市算法实现300%资金利用率？

 

 

As a DeFi protocol cluster, Developer creatively combines the collateral pool in Lend with the liquidity pool in Swap and the pledge pool in Box.

 

 

作为一个 DeFi 协议集群，Developer 创造性地将 Lend 中的抵押池与 Swap 中的流动性池和 Box 中的质押池相结合。

 

 

Among current mainstream Lend, part of protocol assets is underutilized subject to inefficient token utilization. In Developer, users provide liquidity in Swap and mint coins in Box. While staking tokens to obtain incomes, they borrow from Lend, with the pledged assets in these protocols as collateral. Under this mechanism, the utilization of Developer’s funds is at least three times more efficient than that of the traditional model.It not only solves the problem of high TVL caused by AMM risk control, but also solves the Overcollateralization problem in defi lending.

 

 

在当前主流的 Lend 中，由于代币使用效率低下，部分协议资产未被充分利用。在 Developer 中，用户在 Swap 中提供流动性并在 Box 中铸造硬币。他们在质押代币以获取收入的同时，向 Lend 借款，并以这些协议中的质押资产作为抵押品。在这种机制下，开发者资金的使用效率至少是传统模式的三倍，既解决了 AMM 风控带来的高 TVL 问题，也解决了 DeFi 借贷中的超额抵押问题。

 

 

Pain point of traditional DeFi: complex use and poor experience

 

 

传统DeFi痛点：使用复杂，体验差

 

 

The user experience is notoriously complex and understanding how to interact with different DeFi protocols is not a skill everyone can master.

 

 

众所周知，用户体验非常复杂，了解如何与不同的 DeFi 协议交互并不是每个人都能掌握的技能。

 

 

Many defi projects need to carry out cumbersome operation steps on the website. At the same time, there are high gas costs for each operation. In addition to developers and investors with high capital volume and strong learning ability, most ordinary crypto currency investors and new users are difficult to participate in the liquidity mining of the DeFi market, which also directly hinders the DeFi projects from obtaining more users to capture more business value and bring more value to coin holders.

 

 

许多defi项目需要在网站上进行繁琐的操作步骤。同时，每次操作都有很高的gas成本。除了资金量大、学习能力强的开发者和投资者外，大部分普通加密货币投资者和新用户很难参与到 DeFi 市场的流动性挖矿中，这也直接阻碍了 DeFi 项目获得更多用户以获取更多商业价值，为持币者带来更多价值。

 

 

Developer is a new type of DeFi to start easy started, even for the new users

 

 

Developer 是一种新的 DeFi 类型，即使是新用户也能轻松上手

 

 

DP Help Liquidity provider easily compare UGC strategies on the platform, and provide “one-stop” selection of PCV Strategies. Excellent PCV strategies will appear in the ranking list, and users can subscribe directly， it is as easy as ABC! DP help you save on personal time and transaction fees, maintain healthy collateral to debt ratios, self-optimize for the best possible yields, and automatically reinvest earnings. Attempting to do this manually would result in large inefficiencies. In addition to helping LP obtain high returns based on the security of funds，DP also allow liquidity providers to participate in PCV governance of specific projects and receive dividends.

 

 

DP帮助流动性提供商在平台上轻松比较UGC策略，并提供PCV策略的“一站式”选择。优秀的PCV策略将出现在排行榜中，用户可以直接订阅，就像ABC一样简单！DP 帮助您节省个人时间和交易费用，保持健康的抵押品与债务比率，自我优化以获得最佳收益，并自动将收益再投资。尝试手动执行此操作会导致效率大大降低。DP除了帮助LP基于资金安全获得高额回报外，还允许流动性提供者参与具体项目的PCV治理并获得分红。

 

 

At Developer we like to say: “Sit back and relax, DP does all the work for you.”

 

 

在 Developer，我们喜欢说：“高枕无忧，DP 为您完成所有工作。”

 

 

For a long time, reducing Impermanent loss, increasing capital utilization and improving the ease of use of the platform have been the biggest challenges and keys to enhancing the decentralized trading experience.DP’s mission is to create the best possible trading experience characterized by low-risk, high-return, user-friendly and open-source services.The DP team believes that this vision will enable us to offer one of the strongest products in the decentralized exchange space.While AMM opened the door to the DEX world, DP has been working on the next-generation liquidity solution, the DP-PCV.

 

 

长期以来，降低无常损失、提高资金利用率、提高平台易用性一直是提升去中心化交易体验的最大挑战和关键。DP的使命是创造以低风险为特征的最佳交易体验、高回报、人性化和开源的服务。DP 团队相信，这一愿景将使我们能够提供去中心化交易所领域最强大的产品之一。在 AMM 打开 DEX 世界之门的同时，DP 已经致力于下一代流动性解决方案 DP-PCV。

 

 

（来源DP官方推特）

 

 

已投机构介绍

 

 

一，DP（Developer）获泰坦资本领投的200万美元种子轮投资

 

 

泰坦资本（TITAN CAPITAL）介绍

 

 

泰坦资本（TITAN CAPITAL）成立于2016年，总部位于新加坡和中国香港，管理资金规模超过2亿美金，创始核心团队均有高盛背景、投行人员规模超过200人，美国、韩国、日本等设有办事处，在全球超过20多个国家建立了优质投资人/投资机构、区块链KOL资源网及分布式全球运营节点。致力于将金融与区块链创新结合，通过生态资源完成投资项目的商业化落地。同时在全球范围内建设及投资区块链基础设施，通过分布式商业为区块链行业创造更多价值，在区块链各个领域都进行了投资，包括ETH生态、Polkadot生态、FIL生态项目，并垂直于公链、分布式计算及存储、元宇宙、NFT、GAMEFI等赛道的精准投资

 

 

专注推动世界区块链行业发展，并陪跑企业创新发展区块链技术落地，

 

 

投资案例包括Fil、MANA、CFX、Uni、SAND、GALA、Computecoin、SPAY、Euterpe、DEESSE等。