🔥🔥 [ANN][USPC] Unispace: Yield Farming & Liquidity Staking Protocol 🚀🚀

[ZACHARIAA]

The DeFi protocol distributes tokens to their users, and has sparked a frenzy of "liquid mining". Take the most famous liquid mining project as an example: Compound Finance. They send the protocol token to their depositors and borrowers. Compound Finance said that this is for more decentralized governance, and they hope to empower people who frequently use the protocol.

Liquidity providers can choose between migrating to the new system or staying in the old system. If possible, the new version will be backward compatible and be able to trade ERC20-to-ERC20 with the old version, similar to a custom pool.

Generally speaking, a mining pool with an unbalanced asset ratio can reduce the impact of non-permanent losses (depending on the weight in the mining pool). The higher the price of the token, the smaller the difference between holding the token in the wallet and providing liquidity for the mining pool

[Hornburg]

Yield Farmers are attracted by yCurve's extremely high APY. They definitely want the whole set of benefits. So what will they do?

They cast yCurve and deposited it in the farm YFI. Later, they discovered that the deposits in the Balancer pool could breed more YFI. They want to join, but most people don’t have any YFI yet.

Pool tokens are minted when liquidity is deposited in the system, and can be destroyed at any time to withdraw a certain percentage of reserves.

[Westerngren]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

When this happens, the profit of the token is taken away from the liquidity provider.

[Denbole9]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

When this happens, the profit of the token is taken away from the liquidity provider.

More importantly, when liquidity providers decide to withdraw their assets (liquidity), non-permanent losses will become permanent. Nevertheless, in rare cases, if the token price in AMM returns to its original state, the loss may be reversed.

[VIllabandu]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

When this happens, the profit of the token is taken away from the liquidity provider.

More importantly, when liquidity providers decide to withdraw their assets (liquidity), non-permanent losses will become permanent. Nevertheless, in rare cases, if the token price in AMM returns to its original state, the loss may be reversed.

Due to significant liquidity and stable profit returns, token pairs with a balanced price ratio prove that they can resist impermanent losses.

[Kopichechke]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

The concept of mirrored assets marks the beginning of further research on the token pair. The initial idea of pairing stable coins and volatile tokens appeared almost immediately

[gemmer]

The DeFi protocol distributes tokens to their users, and has sparked a frenzy of "liquid mining". Take the most famous liquid mining project as an example: Compound Finance. They send the protocol token to their depositors and borrowers. Compound Finance said that this is for more decentralized governance, and they hope to empower people who frequently use the protocol.

Liquidity providers can choose between migrating to the new system or staying in the old system. If possible, the new version will be backward compatible and be able to trade ERC20-to-ERC20 with the old version, similar to a custom pool.

Generally speaking, a mining pool with an unbalanced asset ratio can reduce the impact of non-permanent losses (depending on the weight in the mining pool). The higher the price of the token, the smaller the difference between holding the token in the wallet and providing liquidity for the mining pool

Fees ensure that the size of the total reserve increases with each transaction. This is used as a payment to liquidity providers, collected when they burn pool tokens to withdraw part of their total reserves.

[Silverlinga]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

Synthetix, Compound, Kyber, Balancer, and Curve have all announced similar so-called governance (but actually backed by future interests) tokens and have achieved great success in the industry.

This type of pool plan is suitable for liquidity providers who are interested in maintaining high risk exposure to specific assets and want to reduce the risk of capital loss when the price of volatile tokens falls.

[phillipps]

Front end is an open source interface designed to improve the user experience when interacting with smart contracts. Anyone can use the source code to host the interface, or build their own interface. The hosting interface is independent of Unispace and shall comply with the laws and regulations under its jurisdiction.

Non-permanent losses usually occur in standard liquidity pools, where the liquidity provider is obliged to keep the two assets at the correct ratio, but the price of the token fluctuates and diverges in one or the other direction, the larger of which Difference means greater non-permanent loss.

But when the volatile tokens only account for 2-5% of the value of the entire mining pool, what happens to this impermanence loss?

[hoell]

This changes the reserve ratio and increases the price of ERC20 tokens relative to ETH for subsequent transactions. Relative to the total size of the reserve, the larger the transaction, the greater the price slippage.

[Jaskulski]

This changes the reserve ratio and increases the price of ERC20 tokens relative to ETH for subsequent transactions. Relative to the total size of the reserve, the larger the transaction, the greater the price slippage.

Essentially, exchange contracts use the open financial market to determine the relative value of currency pairs and use it as a market-making strategy.

[PARIVEENN]

This changes the reserve ratio and increases the price of ERC20 tokens relative to ETH for subsequent transactions. Relative to the total size of the reserve, the larger the transaction, the greater the price slippage.

Essentially, exchange contracts use the open financial market to determine the relative value of currency pairs and use it as a market-making strategy.

Arbitrage opportunities that guarantee price fluctuations should promote a stable transaction flow in the system and increase the fee income generated.