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We’ve added a protocol documentation feature to the contract agent of Wayfinder Foundation so people can build contracts that interact with protocols without needing to drop all the contracts into the chat. The agent has a knowledge base of contracts and protocol docs, so users can make cool, complicated...

78,782 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von Marcus
Marcusvor 1 Jahr

@AIWayfinder This all sounds absolutely awesome. Aerodrome for swaps is perfect since it's my go to on Base anyway. When adding LP for example, will I be able to get suggested ranges based on historical data and current APR for the pool?

Profilbild von opensourceCM
opensourceCMvor 1 Jahr

What’s the cost of mistakes in your contracts? If you work with contracts day-to-day, it’s time to automate. Track every detail, streamline workflows ... ✨ Make managing contracts as easy as a few clicks. Visit our new website & book your demo today!

Profilbild von Gabby Dizon | YGG 🛡️⚔️
Gabby Dizon | YGG 🛡️⚔️vor 1 Jahr

@AIWayfinder @OwlOfMoistness

Profilbild von King.sol 🇶🇦
King.sol 🇶🇦vor 1 Jahr

@AIWayfinder Interesting updates, believe wayfinder would solve alot of issues rn and create an easier solution to crazy entry barriers.

Profilbild von LukeYoungblood.eth 🛡️
LukeYoungblood.eth 🛡️vor 1 Jahr

@AIWayfinder Impressive, very based.

Profilbild von Dave Schick // 🌶️🧙‍♂️
Dave Schick // 🌶️🧙‍♂️vor 1 Jahr

@AIWayfinder That's brilliant, actually. Saves a ton of time when Vulcan has the right ore to forge the new weapons.

Profilbild von aadvark
aadvarkvor 1 Jahr

@AIWayfinder would it be possible to integrate aggregators like defillama swap and jumper?

Profilbild von Intersas //
Intersas //vor 1 Jahr

@AIWayfinder Tech keeps getting better

Profilbild von Mókus
Mókusvor 1 Jahr

@dingalingts @AIWayfinder Amazing tech. I can see how this will evolve and in 5-10y, there will be crazy possibilities. Wayfinder is a pioneer

Profilbild von Viper
Vipervor 1 Jahr

@BrasilianKid10 @AIWayfinder I did not understand anything you just said, but happy my AI Agent will take care of it for me!

Profilbild von knisaci.eth
knisaci.ethvor 1 Jahr

@AIWayfinder Access for all or limited?

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Given the current bullish market sentiment and the evident shift of users towards more volatile assets, there's a steadily increasing demand for stablecoins within the ecosystem. This shift is underscored by the growing use of leverage, where users borrow stablecoins to amplify their exposure to preferred volatile assets or to implement various strategies in DeFi. As the #MultiversX ecosystem currently lacks a native stablecoin, it faces challenges in achieving mature stable liquidity. Recognizing this gap, Hatom has significantly advanced in developing $USH, the first native stablecoin for #MultiversX. This stablecoin is akin to $DAI, the pioneering decentralized and over-collateralized stablecoin known for its resilience through numerous stress tests over the years, but will also feature some unique characteristics and design implementation. Within the #MultiversX ecosystem, the currently limited liquidity of stablecoins has led to notable metrics in the Hatom Lending Protocol. Here, the yields users can generate on their $USDC or $USDT have escalated to impressive middle double-digit percentages. This situation offers a golden opportunity for individuals with idle stable assets in their portfolios. The Lending Protocol is an appealing option to leverage these assets, offering remarkable flexibility—there are no lock-up periods, and it carries no risks of impermanent loss. This makes it an excellent choice to generate additional revenue while waiting for those assets to be deployed. Breaking down the current yields through the Lending Protocol as follows: • A 36.83% yield on $USDC, with 32.88% APY derived from the natural supply and demand within the lending protocol—where borrowers are paying the lenders. Additionally, the yield can be increased by 3.95% through the Booster. • A 40.24% yield on $USDT, with a 33.68% APY from providing liquidity to the Lending Protocol, which can be further boosted by 6.56% by staking $HTM into the Booster. All rewards generated through the Booster can be further amplified by 5% with the Accumulator if claimed in $HTM. *For a comprehensive understanding of how the Booster and Accumulator work, please read Hatom's official documentation. Clarification on the yields is crucial, as there is considerable interest in understanding the mechanics behind these attractive rates. Essentially, the yields on both $USDC and $USDT within the Lending Protocol are derived from the dynamics of supply and demand. Suppliers contribute funds to a pool from which other users borrow. As borrowing increases, so does the pool's utilization rate, leading to higher interest rates in both the supply and borrow markets. To achieve an optimal balance, borrowers are incentivized to repay their loans due to the higher cost of loan, which, in turn, provides lenders with more attractive returns on their deposits. This self-regulating mechanism ensures the Lending Protocol maintains a healthy equilibrium between supply and demand, optimizing yields for all participants. Rewards are paid out in the same assets that users deposit. For instance, if a user deposits $USDT into the money market, the yield generated will also be paid in $USDT. The sole exception to this rule applies to Booster rewards, which are paid out in $USDC or $HTM, with the latter offering a 5% premium. **Please note that the yields presented in this post represent current values at the time of posting and may differ by the time you read this. The most efficient way to take advantage of the high yields on the stablecoins is to bridge liquidity into the ecosystem through the official bridge developed by the #MultiversX team. The process is simple and efficient, allowing users to bridge from both #Ethereum and #BSC. You can access the bridge through the following link: To participate in the #MultiversX ecosystem, you will require a compatible wallet, which can be found here: Once your assets are ready, you can supply on the Hatom Lending Protocol by accessing this link: To facilitate your journey, please follow this step-by-step video tutorial, which covers all the basics, from the creation of a #MultiversX wallet to bridging and depositing in the Lending Protocol, to take full advantage.

Hatom Labs

159,969 Aufrufe • vor 2 Jahren

USH, the first native stablecoin on MultiversX, easily explained. TL;DR - USH is an overcollateralized stablecoin (similar in a sense to DAI) built by Hatom Labs (Hatom Labs), natively on the MultiversX blockchain. #USHto1 🔊 Hatom (HTM) is a leading DeFi platform offering 💧 $EGLD and $TAO liquid staking (sEGLD & sTAO) 💱 A Money Market (lending & borrowing) 💵 And, now, USH. --- TIMESTAMPS Introduction - 0:00:09 Exploring Hatom - 0:00:25 USH Isolated Pools Explained - 0:01:00 USH IP Liquidation Explained - 0:01:38 USH Arbitrage Opportunities Explained - 0:03:04 What Else Can You Do With USH - 0:04:29 Open EGLD Long Positions - 0:04:35 Buy Things With USH - 0:05:05 Provide Liquidity to USH-Related Pools - 0:05:20 Conclusion - 0:05:45 --- ## USH Staking Hub and the Isolated Pools The isolated pools are the core and heart of USH minting. So, how do the isolated pools work? Here's an example, supplying $1,000 worth of EGLD as collateral. As an overcollateralized stablecoin, the pool will always require a higher collateral deposit than the maximum possible minting amount. For EGLD, users can only mint 70% of the collateral deposit. Thus, for a $1,000 worth of EGLD deposited to the isolated pool, you could mint a maximum of $700 in USH. This, however, is super risky, and would set your minting limit to 100%. This is risky because if EGLD drops in value against the dollar, for example making your collateral worth $900, your position would be eligible for liquidation, crossing the 100% limit. In an oversimplification of the liquidation mechanism, a liquidator could repay 50% of your USH loan and take 50% plus an 8% penalty of your deposited collateral. In this example, the liquidated user would end with a position of $522 worth of EGLD as collateral. And a debt of $350 in minted USH. His minting limit would now be 95%, temporarily preventing another liquidation. It's worth noting that the liquidation wouldn't affect the USH you are securely holding in your wallet (like xPortal). Just your USH minting debt with the Hatom Protocol. Another user playing safer could, for example, mint only 50% of the available seven hundred dollars for a $1,000 deposit, minting $350 worth of USH. This would have avoided liquidation for the same price drop as before, as the mint limit would increase to 55%, still far from the 100% limit that makes an account eligible for liquidation. These mechanics guarantee that 1 USH is always redeemable for 1 dollar worth of assets in the protocol, opening doors for price arbitrage. **this is an oversimplification of the liquidation mechanism. DYOR! --- ## USH Arbitrage Opportunity (1 USH = 1 USD) Once one USH is always equal to one dollar at a protocol level, traders can arbitrage the USH value in different markets, making sure it will always get back to one dollar. 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Similar to the other operation, the user can now use this EGLD to buy more USH with a discount on the market and continue the process until the arbitrage opportunity remains, also profiting from it. **this is an oversimplification of the arbitrage mechanism. DYOR! --- ## What Can You Do With USH? Now, besides the arbitrage, here are some other ideas on things you can with USH. ### BUY MORE EGLD First, you can enjoy the 0% interest rate to open long positions on EGLD or other MultiversX tokens. For that, you can deposit EGLD or TAO to the isolated pools, mint USH, and use these dollars to buy, for example, more EGLD. If the price goes up, you can then close the position by selling EGLD for USH, repaying the isolated pool, and withdrawing the EGLD back. ### BUY THINGS WITH USH Another idea is simply using the minted USH to buy things in the MultiversX ecosystem or also in the real world. This can be an interesting idea if you don't want to sell your EGLD, for example, depositing the tokens as collateral and minting USH to use as payment. While the first idea increases the buying pressure, this one can diminish the EGLD selling pressure. Both being beneficial to MultiversX. ### PROVIDE LIQUIDITY Last but not least important, you can use the minted USH to provide liquidity in many DeFi platforms, like the USH EGLD liquidity pool on the xEchange, or the USH USCD USDT LP on AshSwap 🔥. There will be other liquidity pools and farms that users will be able to stake USH and provide liquidity to the ecosystem. --- If you enjoyed the content, make sure you share it! Also, follow me for more educational content on DeFi. This is an educative content and not financial advice! You should always do your own research.

Vini B |「 thecoding 」

34,546 Aufrufe • vor 1 Jahr

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