Voltz will launch stETH and rETH pools, providing traders with a way to speculate on future Ethereum mergers.
London, July 1, 2022 / PRNewswire-PRWeb /-DeFi’s first Synthetic Interest Rate Swap (IRS) AMM, the Voltz Protocol, launches Lido (stETH) and Rocket (rETH) pools to give traders capital efficiency to guess about future mergers. Offers a high way. As a sophisticated primitive for return risk management.
The move to launch these new stETH and rETH pools will take place after the Voltz Protocol was first launched at Aave and Compound-based stablecoin rates. Each pool has a liquidity provider margin cap. $ 1.5 million, Will increase over time until fully lifted. The protocol is comprehensive and generalizable, allowing you to create pools for any asset with variable rates of return, providing an opportunity for a wider range of financial instruments and trading strategies.
Simon JonesVoltz Labs CEO and Co-Founder said: Without the core pillars of the .IRS, DeFi will not be able to meet the global financial needs and therefore its full potential. “
In Voltz’s IRS trading, one side is defined as a fixed interest rate (FT), where one trader exchanges floating interest rates, eventually resulting in a fixed rate of return. This allows traders to mitigate portfolio risk by “fixing” fixed interest rates. The other side of the transaction, defined as a variable taker (VT), swaps fixed rates and ultimately results in a variable rate of return. Together, this allows more sophisticated traders to increase their potential profit gains at rates of individual assets such as stETH, rETH, and base stablecoin rates found in Aave and Compound. The Voltz IRS strategy is effective in bullish, bearish and neutral market conditions.
The Voltz Protocol, unlike other IRS protocols in its design, utilizes state-of-the-art financial engineering to provide a mechanism that is up to 3,000 times more capital efficient than alternative models. The innovations used in this protocol include a centralized liquidity virtual AMM (vAMM) for price discovery, a margin engine for managing underlying assets, and the risk of using large amounts of leverage while minimizing clearing risk. There is an engine. In addition, the single-asset LP eliminates the risk of permanent loss for Voltz’s liquidity providers.
As an open source and highly configurable protocol, Voltz can act as a catalyst for new waves in DeFi products that were previously unattainable. Potential applications include fixed rate mortgages on the chain, loans, savings accounts, swaptions, IRS caps and caps, automated risk management systems, and DAO financial management. The Voltz Labs team aims to provide developers with the guidance and resources they need to build on top of the Voltz protocol with minimal friction.
of December 2021VoltzLabs, the entity behind the VoltzProtocol, $ 6 million Seed round led by Framework Ventures. Angel investors such as FabricVentures, Coinbase Ventures, Amber Group, Wintermute, Robot Ventures, Mgnr, Entrepreneur First, Backed and NEMO are participating. Voltz Protocol launched on Ethereum Mainnet June 2022..
For media inquiries, please contact us. Phil Le Roy (310) at 260-7901 or phil (at) melrosepr (dot) com.
About the Voltz protocol
The Voltz Protocol is DeFi’s first synthetic interest rate swap AMM, up to 3,000 times more capital efficient than its alternative model. Interest rate swaps are a central pillar of TradeFi, $ 1Each year, 000 trillion notional principals are exchanged, but previously only accessible to banks and other institutions. The Voltz Protocol puts the power of rate trading in the hands of everyday traders and developers, leading a new era of configurable and unlicensed open source financial instruments.
Media contacts
Phil Le RoyMelrose PR, 310-260-7901, phil @ melrosepr.com
Source Voltz
