CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0

CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors.

AMM+: Leveling up the AMM model on a CeFi platform

AMM+ Statistics

The revamped AMM+ page now offers users a statistical summary they can easily reference to access relevant information when selecting a market pair. This includes key figures such as average TVL (total value locked), volume, and APR across both 24-hour and 7-day time periods.

Tips and Guidance

AMM+ emphasizes an educational user experience, equipping users with the necessary skills and tools to navigate around both the product and relevant markets. The ‘Tips and Guidance’ toggle is turned on by default to provide users with simple explanations for different AMM+ features.

Setting Your Price Range

The live price chart offers users the ability to set their price range while directly referencing live, real-time prices from the CoinFLEX platform. For those who choose to use the ‘Capital Boost’ feature, an associated liquidation price can be seen on the chart in the form of a dotted red line. The more Capital Boost used, the closer the liquidation price will be to the limits of the chosen price range.

Impermanent Loss Calculator

Calculating impermanent loss (IL) has long been a headache for AMM users across the DeFi space. The AMM+ platform includes an innovative built-in IL calculator, so that users can simulate impermanent loss at specific prices—and the prices at which impermanent loss is eliminated. Providing this information upfront is key to making informed decisions when deploying capital through AMM+, and highlights the company’s commitment to accessibility and ease-of-use.

Yield

Below the IL calculator, users can see a simulated yield on their particular AMM+ position based on information such as the selected trading pair, price range, deposit amount, and for those utilizing leverage—the amount of Capital Boost. This gives traders a chance to estimate their returns before deploying any capital, and incorporate this information into their decision-making.

At the Forefront of Crypto Yield 2.0

Crypto yield opportunities are quickly evolving and expanding. Crypto Yield 2.0 is an indication of the shift from yield opportunities sourced through centralized intermediaries to those accessed “direct-from-market” across CeFi and DeFi. These opportunities are becoming more accessible to the mainstream through improved platform tools, dApps, and education. CoinFLEX remains at the forefront of this transition, building out the next generation of Crypto Yield 2.0 opportunities.

What is Crypto Yield 1.0?

Staking assets through third-party lending platforms and earning fixed or variable interest.
DeFi yield-farming and (often unsustainable) liquidity incentivization.
Farming-as-a-service products through clunky CeFi integrations.

What are some issues with Crypto Yield 1.0?

Higher double- or triple-digit rates of return are associated with smaller low-cap coins, while on AMM+ these numbers can be achieved on ‘blue-chip’ coins such as BTC, ETH, or XRP.
DeFi risks such as impermanent loss are more easily mitigated on AMM+ as impermanent loss only exists in one direction, i.e. for users who choose a price direction that is “overall increasing” or “overall decreasing”.

What is Crypto Yield 2.0 about?

Allowing users to source yield directly from the crypto futures market versus centralized intermediaries, resulting in higher yields for end-users.
Accessing transparent, market-based, sustainable yields.

How will AMM+ drive forward Crypto Yield 2.0?

Generating yield directly from futures market activity, allowing users to earn continuous yield over the long-term without relying on arbitrary liquidity incentives that can change at any time.
Offering higher APRs compared to standard DEXes due to higher trading volumes on futures orderbooks vs. lower volumes on blockchain-based spot DEXes.
Enabling users to be more capital-efficient with the use of leverage.

About CoinFLEX

Founded in 2019, CoinFLEX is the Home of Crypto Yield and is committed to provide passive investors and active traders an accessible platform to earn and trade crypto. CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most capital-efficient automated market maker in the world.

CoinFLEX is backed by crypto heavyweights, including Roger Ver, Mike Komaransky, Polychain Capital, and Dragonfly Capital. In 2021, the platform achieved $9 billion in daily trading volume.

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

from Bitcoin News https://ift.tt/3KREzgo

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...

breaking news this december get instant daily breaking news

Search This Blog