Estonia, Tallinn, April 14, 2022 (GLOBE NEWSWIRE)-Since DeFi was born in 2017, DeFi has changed the way people perceive just by joining the world. The bindings and inefficiencies of the old CeFi world have been replaced by truly technologically superior. Suddenly everything was possible.
However, shortly after its first appearance, and after Uniswap and others 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.
until now.
With the launch of Blueshift’s liquidity portfolio, which can contain up to 40 different cryptocurrencies, and many other innovations, these issues will soon become a legacy issue that will be forgotten by many …
Blueshift has far more than the completely reinvented AMM mathematical model that enables the existence of a liquidity portfolio. A fusion of several other important inventions has given DeFi users access to opportunities that have always been blocked by inefficiencies such as high gas prices and low liquidity.
DeFi is about to be upshifted by some gear! Continue reading to learn how to use Blueshift technology as an advantage and to ride the first wave of adoption of Blueshift’s technological advances.
How to use Blueshift’s innovative DeFi technology
One-sided liquidity supply
DeFi User’s Favorite — Provides liquidity and reduces permanent losses by up to 10x. 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, existing target portfolio weights seek 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: Single-sided liquidity supply is only possible if the liquidity portfolio has a token imbalance.
Cross-chain environment
By leveraging Milcomeda’s cross-chain technology capabilities, Blueshift allows users to access a variety of blockchain assets such as Solana and Avalanche. For now, Ethereum, BNB, and Cardano chain assets are available.
Crosschain is the cornerstone of Blueshift. This is an important 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 to do is pay attention to the “target” and “portfolio sharing” values and take the opportunity.
Notice the “Price Impact” warning with the flashing red and green UI. Users may be using Blueshift’s technology to promote ultra-low perpetual losses, but due to price impacts, portfolio liquidity is low and tokens are weighted, resulting in significant losses. May occur.
Blue shift reserve model
In addition to reducing transaction fees and zero-fee arbitrage, another revolutionary step. Adopted to provide the best opportunity for DeFi users. By giving the arbitrage jar the option to increase slippage and perform arbitrage, you will be able to arbitrage with a price difference of less than 0.3% at the expense of no transaction fees. 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 pair virtual A pair of cryptocurrencies that does 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: ADA <> BLUES, BLUES <> ETH, ETH <> AGIX.
By combining these multiple trading pairs, the user gets a virtual pair ADA <> AGIX. 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 the DAO Council. that is Selected by the community.
The Liquidity Portfolio Manager provides advice aimed at protecting your portfolio from poor quality assets and how to increase the value of your portfolio by adding new assets with high growth 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.
1) Portfolio APY, related to the growing market value of portfolio share
2) DEX APY, related to transaction fees
3) Farm APY related to agricultural and yield pool profits
4) External protocol APY. It is related to the revenue generated by providing liquidity to the partner protocol (such as lending). (Integration in development) *
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 just three waves on the Octam Razer.
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 (there are few changes to the portfolio), 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.
Look forward to via Blueshift Twitter page When discord..
Website: https: //blueshift.fi/
igorm@blueshift.fi
Disclaimer: This article does not offer sales offers, purchase solicitations, or recommendations for security or other products or services. In addition, what is included in this PR should not be construed as a recommendation. Readers are encouraged to do their own research there.Newsroom: socials.submitmypressrelease.com
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