After successful release on Arbitrum’s Goerli Testnet, we are excited to move to the next phase: DeFrag Alpha launch on Arbitrum Mainnet! Keep in mind DeFrag will launch in phases, gradually adding features as the protocol matures. Key details for Alpha phase: Available underwriting liquidity: 10,000 USDC * NFT collateral: TreasureDAO’s COMMON Genesis Legions Whitelist requirement: YES Price oracle: Trove Marketplace + Chainlink

Last week marked the launch of Gitcoin Grants Round 13. Gitcoin Grants is a new funding mechanism for open-sourced initiatives. As a leader in web 3 talent sourcing, Gitcoin introduces a novel matching approach by leveraging quadratic funding to further boost contributions to popular projects. Quadratic funding places emphasis on…

Metamatician minting is live! Visit defrag.fi now to mint yours and check out detailed walk-through below. A quick recap: DeFrag will launch in phases, gradually adding features as the protocol matures. In order to provide a frictionless borrowing experience, the protocol needs to raise liquidity which will be used to underwrite the loans. This is where Metamaticians come in. Metamaticians are randomly generated NFTs based on famous mathematicians. By…

This post was originally published on DeFi Tutorials and Twitter. Two years ago Zaps made their DeFi debut @ Kyber’s Hackathon with one simple goal — abstract the complexities of accessing unique opportunities in open finance. What’s a ‘Zap’? A Zap is a smart contract that bundles multiple DeFi actions into a…

DeFiZap+DeFiSnap=Zapper.fi ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ From day one, DeFiZap focused on abstracting away the complexities of composing and accessing the most innovative opportunities in open finance. Since launching Beta in December: 🔗 20+…

Analyzing DAI<>ETH LP vs. 100% ETH holding vs. 50/50 holding since MCD inception. — This report analyzes liquidity provisioning on the new DAI<>ETH Uniswap exchange from the moment it was deployed on Block #8,957,433 (November 18, 2019 04:15:18 PM +UTC) to #9,692,210(Mar-17–2020 11:58:52 PM +UTC) or roughly 120 DAYS. 📊DAI<>ETH LP Activity Since Inception: Some conclusions: HOLDING 100% ETH would result in ~🔻35.97% LOSS

An ERC20 token that lets you accrue additional sETH LP tokens from automatic SNX rewards re-balancing. — We at DeFiZap are big fans of Synthetix project and are always looking for ways to improve the experience for this community. For example, our sETH Unipool Zap helps users add liquidity to the sETH<>ETH Pool on Uniswap in one-transaction, using just one asset (ETH or sETH or other ERC20s)…

Learn how to Get instant access to interesting opportunities in DeFi directly from your wallet. Lending, Staking, Pooling, Leveraged Liquidity Pooling and more… DeFiZap is a system of smart contracts — Zaps — that deploys ETH (and soon DAI) across multiple DeFi protocols in one transaction. Get instant access to…

This post was originally posted on my newsletter. Subscribe for free to stay in touch. Pre-requisite: Basic understanding of blockchains, smart contracts, Bitcoin, and Ethereum. DISCLOSURE: This is not investment advice. Please do your own research before investing. …