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Envelop ItTypes of Lending Protocols
DeFi is like a cow—looks calm, but can kick you if you’re not paying attention. Farmer Joe (C)Not all lendings are the same, so let's take a closer look at some of them.Peer-to-Pool (P2Pool) protocolsPeer2Pool lending protocols in DeFi (Decentralized Finance) work by connecting lenders and borrowers through a liquidity pool rather than direct matching.How it works:Lenders deposit crypto assets into a shared pool (the "pool").Borrowers take loans from this pool, typically by posting colla...
Envelop ItFair Blast drop distribution case by Envelop
On June 26, L2 Blast distributed the drop for Phase 1. One of the features of this campaign was to incentivize ecosystem users not directly, but through projects. Some of the Blast points and gold were allocated to projects, which they in turn had to distribute to their users. Blast has done a great job of involving users in the ecosystem, but there is always a dilemma in such cases. On the one hand you need to achieve successful metrics such as TVL, number of unique users, transactions, etc....
Envelop ItHow to make Blast Test Pack
Drops and testnets are the new narrative in the crypto market, which Blast has largely contributed to. Typically, chains and protocols for dropping tokens and faucets use a combination of smart contracts and bots or sites, and it has to be done separately for each token. Envelop offers a different approach. Envelop is now offering any protocol on Blast to create such vaults for its testers for free. Go to Envelop wrapper dAppEnvelop wrapper dAppSet Advanced Wrap Mode.You can leave the default...
<100 subscribers
Envelop ItTypes of Lending Protocols
DeFi is like a cow—looks calm, but can kick you if you’re not paying attention. Farmer Joe (C)Not all lendings are the same, so let's take a closer look at some of them.Peer-to-Pool (P2Pool) protocolsPeer2Pool lending protocols in DeFi (Decentralized Finance) work by connecting lenders and borrowers through a liquidity pool rather than direct matching.How it works:Lenders deposit crypto assets into a shared pool (the "pool").Borrowers take loans from this pool, typically by posting colla...
Envelop ItFair Blast drop distribution case by Envelop
On June 26, L2 Blast distributed the drop for Phase 1. One of the features of this campaign was to incentivize ecosystem users not directly, but through projects. Some of the Blast points and gold were allocated to projects, which they in turn had to distribute to their users. Blast has done a great job of involving users in the ecosystem, but there is always a dilemma in such cases. On the one hand you need to achieve successful metrics such as TVL, number of unique users, transactions, etc....
Envelop ItHow to make Blast Test Pack
Drops and testnets are the new narrative in the crypto market, which Blast has largely contributed to. Typically, chains and protocols for dropping tokens and faucets use a combination of smart contracts and bots or sites, and it has to be done separately for each token. Envelop offers a different approach. Envelop is now offering any protocol on Blast to create such vaults for its testers for free. Go to Envelop wrapper dAppEnvelop wrapper dAppSet Advanced Wrap Mode.You can leave the default...
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How is this possible? It's easy in today's world of DeFi compatibility.
Blast is an incredible blockchain, your stablecoins and ETH are already generating revenue on this network. But this is too easy a path. I will show you a solution to create yield-generating assets indexes suitable to almost any EVM network.
Lending liquidity is one of the most convenient ways to earn in DeFi.
We have $50 in our account that will be used to create the index
In order to use capital more efficiently, we will select projects so that our multiplier is maximized.
In the category of exchanges, I chose Thruster Finance. Go to Thruster Analitycs and choose a pool.
You can use different approaches to select pools, I will take the pool that earns the most fees as an example, USDB/WETH 0.3% V3.
So I add liquidity in pool (Here you can find the guide)
This is how this LP-NFT looks in the Envelop NFT Oracle
Now we have 2x Multiplier for Blast points
Ok, let’s select projects in perp DEXes
I chose Wasabi. Go to Wasabi and select a vault.
I deposit to Wasabi USDB Vault my ERC-20 USDB and get Wasabi USDB Vault ERC-20 Token
and now we have 4x Multiplier
Now we just wrap our yield-generating assets assets in an NFT vault using the Envelop protocol.
Some will ask why? But it is currently the only permissionless way to create a collateralized derivative in the form of an index. You don’t get a third party (broker, exchange and other custodian) representation of your assets, but an NFT that literally contains your assets. This NFT is fully compliant with the ERC-721, ERC-1155 standards.
I wanted my index to have an attractive cover, so I pre-minted an AI-NFT for it here
Now go to Envelop wrapper dApp and add your NFT in Advanced mode
Add our yield-generating assets
You can leave the other settings as default, but I usually turn on the timelock to follow a predefined investment strategy and not to give in to fear. In this case, your index will remain liquid, you can trade it, but you will not be able to unwrap and take out the collateral until the lockup ends.
Click the Wrap button
This is our transactioin
https://blastscan.io/tx/0x005ab6ccc5c723a04ab6116a27a6496d113b5f447335014f4aee594d0f8906cd
and this is our wNFT index
Envelop is a programmable asset protocol
🌎 Website | 🐦 Twitter | 🗯 Telegram-chat | 🐱 Github | 📢 TG channel
📩 Wrapper dApp | 🌾 Farming dApp | 🗂 SAFT wNFT | 🔨 Mint
How is this possible? It's easy in today's world of DeFi compatibility.
Blast is an incredible blockchain, your stablecoins and ETH are already generating revenue on this network. But this is too easy a path. I will show you a solution to create yield-generating assets indexes suitable to almost any EVM network.
Lending liquidity is one of the most convenient ways to earn in DeFi.
We have $50 in our account that will be used to create the index
In order to use capital more efficiently, we will select projects so that our multiplier is maximized.
In the category of exchanges, I chose Thruster Finance. Go to Thruster Analitycs and choose a pool.
You can use different approaches to select pools, I will take the pool that earns the most fees as an example, USDB/WETH 0.3% V3.
So I add liquidity in pool (Here you can find the guide)
This is how this LP-NFT looks in the Envelop NFT Oracle
Now we have 2x Multiplier for Blast points
Ok, let’s select projects in perp DEXes
I chose Wasabi. Go to Wasabi and select a vault.
I deposit to Wasabi USDB Vault my ERC-20 USDB and get Wasabi USDB Vault ERC-20 Token
and now we have 4x Multiplier
Now we just wrap our yield-generating assets assets in an NFT vault using the Envelop protocol.
Some will ask why? But it is currently the only permissionless way to create a collateralized derivative in the form of an index. You don’t get a third party (broker, exchange and other custodian) representation of your assets, but an NFT that literally contains your assets. This NFT is fully compliant with the ERC-721, ERC-1155 standards.
I wanted my index to have an attractive cover, so I pre-minted an AI-NFT for it here
Now go to Envelop wrapper dApp and add your NFT in Advanced mode
Add our yield-generating assets
You can leave the other settings as default, but I usually turn on the timelock to follow a predefined investment strategy and not to give in to fear. In this case, your index will remain liquid, you can trade it, but you will not be able to unwrap and take out the collateral until the lockup ends.
Click the Wrap button
This is our transactioin
https://blastscan.io/tx/0x005ab6ccc5c723a04ab6116a27a6496d113b5f447335014f4aee594d0f8906cd
and this is our wNFT index
Envelop is a programmable asset protocol
🌎 Website | 🐦 Twitter | 🗯 Telegram-chat | 🐱 Github | 📢 TG channel
📩 Wrapper dApp | 🌾 Farming dApp | 🗂 SAFT wNFT | 🔨 Mint
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