Blueshift has successfully completed IDO and is already leading the price of DeFi 2.0
DeFi 2.0 is ready to move to high gear with Blueshift’s ultra-fast conclusions from Blueshift’s IDO on Octam.fi’s OctamRazer platform and the successful implementation of Blueshift technology.
In DeFi terms, we’ve come a long way …
Since the birth of DeFi in 2017, DeFi has changed the way we perceive the world just because we are part of it. The bindings and inefficiencies of the old CeFi world have been replaced by truly technologically superior. Suddenly everything was possible.
But shortly after its first appearance, and after such things went live, the thrill and initial enthusiasm for many crypto users diminished. Problems such as high gas charges and significant permanent losses were quickly identified.
Since then, these issues have been largely exacerbated and have not been properly addressed.
So far. With the launch of Blueshift’s liquidity portfolio, which can contain up to 40 different cryptocurrencies, and many other innovations, these issues become legacy issues that many will soon forget …
Blueshift has far more than a completely reinvented AMM math model that enables a liquidity portfolio. A fusion of several other important inventions has given DeFi users access to opportunities that have always been hampered by inefficiencies such as high gas prices and low liquidity.
DeFi is about to be upshifted by some gear! If you want to ride the first wave of adopting Blueshift’s technological advances and learn how to take advantage of it, keep reading.
How to use Blueshift’s innovative DeFi technology
One-sided liquidity supply
DeFi User Favorites — Provides liquidity and reduces perpetual losses by up to a tenth. Another reason many users prefer is the simplicity of offering a single token type as liquidity rather than offering a token pair or wrapping one of the assets.
“Traditional” liquidity supply
Blueshift liquidity supply
Significant reductions in permanent losses are achieved by equalizing losses across more tokens within a single portfolio. Similarly, the weights of existing target portfolios try to balance the liquidity of the portfolio. This means minimizing permanent losses and maximizing transaction volumes and fees. Here are some important notes related to weights: Offering one-sided liquidity is only possible if you have tokens. Liquidity portfolio imbalance!
Cross-chain environment
By leveraging Milcomeda’s cross-chain technology capabilities, Blueshift allows users to access a variety of blockchain assets such as, and so on. For now, BNB, and chain assets are available.
Crosschain is considered by the team to be the cornerstone of the blue shift as a key feature of a successful blockchain network and Dapp. Therefore, the team has set the following blockchain integration roadmap: Arbitrum, BSC, Avalanche, Solana, and then-other EVM compatible chains.
Soon, you will be able to access many blockchains from one point, one wallet. The Milcomeda Bridge allows smart contracts on different chains to communicate and allow crypto users to use smart contracts running on a different chain than the one the crypto user is connected to.
Zero Fee Arbitrage
Zero Fee Arbitrage is a ready-to-use option with Blueshift DEX. Traders can execute transactions without transaction fees as long as virtual reserves are used.
The virtual reserve is one tenth of the actual reserve, which significantly increases slip. As slippage increases, the liquidity provider’s loss decreases, but the trader’s own loss increases. A transaction can be considered successful as long as the slippage loss is less than the potential transaction fee loss that was not incurred due to the Zero Fee Arbitrage Utility.
This utility is available now via the Blueshift dApp. All you need is “ Goal Share the values of “(NYSE :)” and “portfolio sharing” and take opportunities.
Notice the “Price Impact” warning with the flashing red and green UI. You may be using Blueshift’s technology to promote ultra-low permanent losses, but the impact on prices can lead to higher losses due to the low liquidity of the portfolio and the weighting of tokens. there is.
Blue shift reserve model
Another revolutionary step has been taken to reduce transaction fees and provide free arbitrage to DeFi users. By providing arbitrage with the option of increasing slippage and performing arbitrage instead of being charged a transaction fee, arbitrage with a price difference of less than 0.3% is possible. It’s slippery, but it’s still profitable (potential and likely).
This innovation was combined with automation to detect price fluctuations in assets within the liquidity portfolio. This is below or above the EMA for pump and dump schemes or similar operations. If this happens, the portfolio will automatically reduce the reserve for the virtual pair with this asset. This increases price slippage and protects LP from dramatic losses.
Virtual pair
When the user initializes the swap, a virtual pair is built based on the Blueshift Reserve Model and the swap is performed. This means that the pair is created “on the fly”, allowing you to take full advantage of your overall asset liquidity through virtual pairing.
Virtual pairs are virtual cryptocurrency pairs that do not permanently exist on the Blueshift platform. These are dynamically created to provide platform users with minimal slip and permanent loss.
CeFi, which corresponds to a virtual pair, is a so-called “synthetic pair”.
Neither synthetic pairs nor virtual pairs exist on the platform, but they can be created and used by combining multiple pairs into one pair.
However, there is a big difference between the CeFi platform and the Blueshift synthetic pair. Blueshift automatically creates it according to the best price performance calculations and creates it as a “hands-free” utility in the background.
Examples of trading pairs: ADABLUES, BLUESETH, ETHAGIX.
Combining these multiple trading pairs yields a virtual pair ADAAGIX. This can be a better price than either ADA or AGIX when compared to the standard ADA AGIX pair.
Expert Liquidity Portfolio Manager
The Blueshift project will enable the community to work with professional crypto veterans who are familiar with both crypto technology and market movements.
The Liquidity Portfolio Manager is selected by a DAO councilor selected by the community. The Liquidity Portfolio Manager will advise you on how to protect your portfolio from poor quality assets and how to increase the value of your portfolio by adding new, high-growth assets. Potential.
This liquidity portfolio manager mechanism is further improved by providing liquidity managers with bonuses for advice that has created a lot of value. It also allows the community to remove poorly performing liquidity portfolio managers.
In the near future, DeFi users will be able to build their own custom liquidity portfolio, but this feature will only be available to advanced users via the terminal, not the Blueshift dApp UI.
Important APY through various blockchain mechanics
The unprecedented APY that Blueshift provides to DeFi users derives from four different APY generation mechanisms.
Reach important Blueshift milestones
After reaching agreements with critical partners such as Occam.fi, Shima Capital, Wave Financial and Next Chymia, Blueshift rolled out its technology. This technology rollout continued a few days before IDO, and it’s no wonder that IDO quickly finished with Occam Razer in just three waves.
Price performance after being listed on MEXC for the first time on the secondary market is extremely rewarding for loyal Blueshift fans who believe in fundamentals.
The next day, the Blueshift team will add more liquidity portfolios related to specific trends, industries, or blockchain niche markets. Similarly, the team will continue to add new tokens to the existing portfolio. Once the portfolio and the foundation of tokens within the portfolio are set (the portfolio remains almost unchanged), until DAO is online in the third quarter of 2022.
In any case, trading through Blueshift Liquidity Portfolios, or trading $ BLUES, is becoming even more interesting with the development of future technology releases.
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