Scaling DeFi to New Heights
Dear DefiEdge community,
This month we are announcing the launch of two new features that will enhance your experience on our platform.
Position Migration Feature
Dune Dashboards
We're excited to announce the launch of our new Position Migration feature! With this feature, you can easily transfer your UniswapV3 positions to DefiEdge and manage them more efficiently with our advanced liquidity management tools. By importing your position to DefiEdge, you'll be able to take advantage of our ALM strategies, which optimize your capital efficiency and minimize impermanent loss. Plus, you'll have access to detailed analytics and insights that will help you make better decisions about your liquidity provision. Compared to managing your position natively on UniswapV3, using DefiEdge is a game-changer in terms of efficiency and ease of use.
You can find more details about “Position Migration Feature” here:
“https://medium.com/@DefiEdge/import-position-uni-v3-at-defiedge-a1b1ca682afc”
We're also excited to announce the launch of our Dune Dashboards for DefiEdge. These dashboards provide a comprehensive view of your interactions with DefiEdge, allowing you to track your liquidity provision, strategy performance, and more. With our Dune Dashboards, you'll have all the data you need to make informed decisions and optimize your liquidity provision on UniswapV3.
Links to Dune Dashboards for DefiEdge:
https://dune.com/defiedge/defiedge-optimism
"Discover DefiEdge: Join Our Daily Discord Feature Showcase"
Our Discord Feature campaign is the perfect opportunity to get familiar with DefiEdge and learn how to use all of its features to their fullest potential. Join our Discord server today to stay informed and be a part of our growing community!
Here are the details for the past feature highlights, be sure to check out our next series of feature highlights and sharpen your liquidity game.
Partner Spotlight
"In this edition of our newsletter, we are excited to introduce a new section called Partner Spotlight, where we highlight the latest developments and achievements of our ecosystem partners. In this edition, we are proud to showcase our partner Unbound V2."
Unbound Finance is a decentralized cross-chain lending protocol that lets DeFi users borrow synthetic assets with zero interest by pledging their idle, interest-bearing tokens (ib tokens). In its initial version (Unbound V1), users could borrow the protocol’s native stablecoin UND by collateralizing stable pair liquidity pool tokens in a decentralized and permissionless way. With the latest update (Unbound V2), the protocol will support all forms of liquidity on decentralized exchanges, including volatile asset pairs and concentrated liquidity positions of Uniswap V3.
Unbound has partnered with DeFiEdge to allow for the collateralization of DE shares, enabling DeFiEdge users to access additional value in the form of UND. The borrowed UND can be used for lending, borrowing, trading, or acquiring more ib tokens for added returns. Improved price stability mechanisms (PSM) ensure the UND remains close to its peg. With Unbound’s interest-free and perpetual borrowing options, users can easily unlock their collateral anytime by paying back the borrowed amount
Check them out at:
Website: https://www.unbound.finance/
Docs: https://docs.unbound.finance/documentation/whitepaper
Platform Highlights
DefiEdge Tech Updates
1.Uni v3 position Import
2. Now strategy managers can track past fees and claim history.
3. Update navbar design.
4. Token list.
5. Manager delegation feature.
6. Deshare collateralization at Unbound to mint UND
What’s Hot in the market?
Uniswap has announced its mobile wallet, to make swapping and storing assets easy
Optimism has introduced its concept Superchain and now, Coinbase has built Base and it's a Ethereum L2
Governance is now live on Uniswap V3 to build on Base
Uniswap V3 governance has now completed its snapshot to build on BNB chain