From Uniswap to AlphaSwap,Witness the changing road of the DeFi movement!

NFTCorner
6 min readJun 18, 2022

The essence of time is motion, and motion is the only dialectical methodology to prove the existence of things,Coincidentally,From the original Bitcoin electronic cash system to the booming development of today’s EVM, smart contract public chain, and Dapp-based markets, movement drives the dominoes in the encrypted world to keep pushing forward, and under this force, a Many advanced concepts, such as DeFi, NFT, Web3.0, etc., are manifested through the domino effect.

The movement of the market has promoted the continuous changes in the structure of the cryptocurrency market.The concave and convex areas of the market need to be flattened,and the vacuum needs to be filled. In this market environment, many blockchain solutions follow the changes in the market and user needs.For example, L1 and L2 smart contract public chains such as BSC/Solana/Terra/Polygon, which took advantage of the long-term network congestion delay and expensive Gas Fee of the Ethereum network to open up the situation, absorbed tens of billions of dollars in user-managed assets and became the It is an integral part of the current blockchain infrastructure market.

And in order to get through the non-communication between the early blockchain and the blockchain,Cross-chain technology-based projects such as Polkadot, Cosmos, and PalletOne that do not interact with each other have begun to occupy the market. They have promoted the integration and development of blockchain technology applications with different architectures, and opened up an early cross-chain technology ecosystem.And DeFi, which was born in order to solve the problems of insufficient asset security trust, loss of user asset sovereignty, and over-solidified model brought by traditional finance to investment users,By improving capital utilization efficiency, reducing potential risks, and creating diversified business scenarios, it guides the direction of new financial models in the future.

But even if DeFi is so efficient, it has also experienced the wild era of DeFi 1.0,a common standard feature of DeFi 1.0 protocols is — by staking token pairs in liquidity pools, investors will receive LP tokens in return.The DeFi 1.0 ecosystem allows users to further increase their returns by staking LP tokens in yield farms.However, apart from these core value propositions, there is not much else, which actually hinders the greater value of LP assets,if Uniswap and Curve let us witness the power of DeFi 1.0, then the decentralized protocol represented by AlphaSwap ushered in the DeFi 2.0 era, which solved the major flaws of the existing DeFi 1.0 projects.

Take AlphaSwap as an example: AlphaSwap has all the advantages of traditional DEX, such as asset transparency, capital security, and no need for KYC. Based on the strong composability of DeFi, AlphaSwap has achieved revolutionary breakthroughs in terms of transaction modes and service scenarios. New service scenarios have been created in terms of aggregated transactions, liquidity mining, scalability, and NFT markets!

First, AlphaSwap provides wider flexibility for staking assets

AlphaSwap has created a brand-new DeFi2.0 protocol, which solves some drawbacks of the DeFi1.0 protocol,for example, the liquidity is not continuous and the LP agricultural income process is complicated and the threshold is too high,the threshold is too high, etc,AlphaSwap builds a long-term, stable and friendly relationship between the AlphaSwap protocol and liquidity LPs through a simple pledge process and innovative ways to pledge LP income,in AlphaSwap, users can obtain the top LP pledge strategy through the aggregator strategy deployed in the AlphaSwap smart contract without constantly going to the market to find LP pledge pools with higher yields, in order to increase LP token assets value-added flexibility,AlphaSwap provides users with fixed-term pledges. Users can pledge specific assets to get regular income. At the same time, in order to allow users to re-hold tokens and liquidity,AlphaSwap starts the Compound mechanism and uses smart contracts to perform infinite repeat operations for users to obtain APY benefits. AlphaSwap broadens the narrow revenue channel of DeFi 1.0 and provides wider flexibility for pledged assets.

Second, AlphaSwap optimizes asset efficiency at the largest scale

Taking AlphaSwap as an example, AlphaSwap draws on the aggregation concept of 1INCH,namely: access to a variety of liquidity sources, including global liquidity providers, multi-chain DEXes and market makers, and aggregated transaction quotes from liquidity sources on blockchains such as Ethereum, Polygon, BSC, Polkadot, Arbitrum, Heco, and more .To provide users with the best price, the most profitable way of service. In addition to being a price comparison tool and providing price information on different platforms, the AlphaSwap transaction aggregator also runs its own price comparison strategy and directly recommends the optimal transaction path to users.In order to increase asset arbitrage capabilities, AlphaSwap cooperates with world-renowned quantitative institutions to develop AI intelligent quantitative systems, including various effective strategies including grid, CAT, Martin, multi-factor, hedging, high frequency, price difference, cross-chain arbitrage, etc. Platform members can use it for free and open the VIP area, allowing users to conduct transactions independently to meet the needs of trading enthusiasts.

Finally, AlphaSwap combines the various parts of the ecology into a whole

One of the notable signs of DeFi2.0 application is that it can continue to integrate with other ecological tracks on the premise of its strong DeFi composability. In AlphaSwap, in addition to the built-in multi-currency wallet to link the Web3.0 market, At the same time, the NFT market and the contract trading market are connected at the same time, and AlphaSwap starts a liquidity mining plan on the Binance Smart Chain,By staking the NFT issued by each NFT platform into the NFT special pool to mine ALP rewards, and the platform ecological token can be used for bidding and consumption in the NFT market, which tightly integrates the platform and the NFT market. And generate bilateral value. In the decentralized derivatives market, AlphaSwap has opened up a contract trading market. By adopting CF-PMM (Constant Function-Active Market Maker Model) and CC-LPP (Constant Currency Liquidity Protocol), it provides Millisecond-level transaction experience and depth, with a maximum leverage of 150 times, to meet the needs of traders. AlphaSwap truly forms an organic whole of the encrypted financial sector and maximizes economic benefits!

AlphaSwap integrates wallets, Farming, derivatives, NFT and other fields, and brings these scattered units together through the composable features of AlphaSwap to play a greater application value. In the past, many decentralized applications were used to expand and achieve product goals. , will abandon the decentralized part. Such a product goes against the original intention and exposes the product to a security crisis. AlphaSwap is a real DeFi 2.0 product built with decentralized logic.From DeFi 1.0 to DeFi 2.0, the original intention of solving the DeFi confrontational reward problem has not changed, but it is more efficient and diversified. The advantages of AlphaSwap allow us to see the development direction of DeFi 2.0 applications. From the DeFi 1.0 protocol represented by Uniswap to the DeFi 2.0 protocol represented by AlphaSwap; we are witnessing the changes of the DeFi era!

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NFTCorner

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