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Alex ObchakevichDeFi lesson: 1inch resolvers
Lesson Structure: 1/ Resolver Incentive Program 2/ Earn rewards by staking and delegating 3/ Modular Delegation 4/ Resolution 5/ Resolvers 1/ Resolver Incentive Program Resolvers Resolvers are algorithms that determine the best paths and strategies for exchanging tokens and providing liquidity based on data about available liquidity pools on different exchanges. They play an important role in optimizing trades and minimizing risk. Through the Resolver Incentive Program, users who provide liqu...
Alex ObchakevichDeSci can revolutionize insulin access and affordability / BionicDAO
This article is a follow-up to BionicDAO: Rethinking Healthcare Through Decentralized Science. My goal is to explore this topic in more detail and give you food for thought on the direction of decentralized science and how it can change the field of health care. Let's first understand what insulin and DeSci are: What is insulin? Insulin, produced in the pancreas, is an important hormone that unlocks the ability of cells to obtain sugar (energy). Originally derived from animals, it is now...
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Alex ObchakevichDeFi lesson: Swap surplus collection [ 1inch ]
Lesson Structure: 1/ What is Swap surplus collection 2/ The 1inch DAO discontinues swap surplus collection 3/ Problematic and solution 1/ What is Swap surplus collection In the context of DeFi, "swap surplus collection" refers to the process of collecting or distributing surplus funds that are generated from decentralized swaps. When users make swaps, they pay fees or contribute liquidity to pools. These fees or additional tokens added to the liquidity pool can generate surplus funds over tim...
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Alex ObchakevichDeFi lesson: 1inch resolvers
Lesson Structure: 1/ Resolver Incentive Program 2/ Earn rewards by staking and delegating 3/ Modular Delegation 4/ Resolution 5/ Resolvers 1/ Resolver Incentive Program Resolvers Resolvers are algorithms that determine the best paths and strategies for exchanging tokens and providing liquidity based on data about available liquidity pools on different exchanges. They play an important role in optimizing trades and minimizing risk. Through the Resolver Incentive Program, users who provide liqu...
Alex ObchakevichDeSci can revolutionize insulin access and affordability / BionicDAO
This article is a follow-up to BionicDAO: Rethinking Healthcare Through Decentralized Science. My goal is to explore this topic in more detail and give you food for thought on the direction of decentralized science and how it can change the field of health care. Let's first understand what insulin and DeSci are: What is insulin? Insulin, produced in the pancreas, is an important hormone that unlocks the ability of cells to obtain sugar (energy). Originally derived from animals, it is now...
Alex ObchakevichDeFi lesson: Swap surplus collection [ 1inch ]
Lesson Structure: 1/ What is Swap surplus collection 2/ The 1inch DAO discontinues swap surplus collection 3/ Problematic and solution 1/ What is Swap surplus collection In the context of DeFi, "swap surplus collection" refers to the process of collecting or distributing surplus funds that are generated from decentralized swaps. When users make swaps, they pay fees or contribute liquidity to pools. These fees or additional tokens added to the liquidity pool can generate surplus funds over tim...
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A little introduction about Turbo ETH:
The key feature of Turbo ETH is leverage. Leverage is a technique that allows you to control a larger position in the market with less capital. With Turbo ETH, you can maximize your potential gains or losses by using leverage.
Many may wonder why exactly ETH is used on Polygon. I give you the answer:
Turbo ETH is implemented on the Polygon network, it does rely on the Ethereum blockchain for some functionality. Ethereum is known for its reliability, security, and liquidity, making it the preferred choice for many dAap.
What is Rebalancing, Active and Pending in Turbo ETH:
Rebalancing - process by which the state of your position in Turbo ETH is automatically adjusted to maintain the required level of leverage.
Active -this means that you are actively participating in trading and your position is open. You can observe changes in the value of your position in real time and make decisions accordingly.
Pending - this means that your application to open or close a position has not yet been executed. Possible reasons for this state may include pending transaction confirmation or fulfillment of other conditions necessary to complete the transaction.
Now let's understand what Total staked, Strike price, Next rebalancing and Pool utilization are:
Total staked - total amount of ETH that users have frozen in the staking pool to participate in Turbo ETH trading. This amount represents the total amount of funds that are participating in this trading strategy.
Strike price - price at which an instrument will be executed if a certain price level is reached. In the context of Turbo ETH, this is the price that the instrument must reach in order for the option to be exercised and the trader to make a profit.
Next rebalancing - time or event when a strategy reviews its parameters and makes changes to its trading strategy. This may include changing rates, reallocating assets, or other adjustments to adapt to changing market conditions.
Pool utilization - percentage of total staking and available funds in the staking pool. It is a metric that measures how actively the pool is utilized and how effective it is in raising funds for Turbo ETH trading.
Choose the level of leverage:
When you select the leverage level: 25%, 50%, 75% or 100%, these values indicate how much of your available capital you are using to open a position.
If for example I open a position at 100% it means that I am using 100% of my available capital to open a position. In this case I am fully utilizing my capital to trade in Turbo ETH.
When using leverage, I advise beginners to start with a small level of leverage and gradually increase it as they gain experience and confidence.
Important: Higher levels of leverage can increase potential returns, but also increase the risk of capital loss.
Now let's go to an example. I decided to put 0.6 ETH into Turbo ETH, what happens next?
My funds will be used in the trading strategy. This strategy is based on the use of options and allows traders to profit from changes in the price of ETH.
The process of Turbo ETH operation includes several steps:
Staking: My 0.6 ETH will be frozen and used in the Turbo ETH trading strategy. I will be given an equivalent amount of Turbo ETH that will reflect my stake in the strategy.
Trading: The Turbo ETH strategy will actively trade based on changes in the price of ETH. If the price of ETH reaches or exceeds a set strike price level, my option will be exercised and I will make a profit.
Rebalancing: The Turbo ETH strategy will rebalance periodically to adapt to changing market conditions. This may include changing rates or reallocating assets within the strategy.
What happens next:
If the price of ETH reaches or exceeds the set strike price level, my option will be exercised and I will profit according to the price change.
If the price of ETH does not reach the strike price level, my option may not be exercised and I will not profit. In this case, my stake in the strategy will be retained for further trading.
Important:
Step-by-step instructions:
1/ Switch to Polygon Network
2/ Swap MATIC/USDC/USDT or other token → ETH ( W )
3/ Move to Earn → Strategies
4/ Move to Turbo ETH
5/ Enter the amount and choose leverage ( 25%, 50%, 75%, 100% )
6/ Click on Give permission + approve = done!
Take into account current market volatility and expected ETH price movements. Volatile market conditions may increase the risk of using high leverage levels. Be prepared for possible price fluctuations and choose a leverage level that is appropriate for current market conditions.
Additional materials:
https://help.1inch.io/en/articles/6162115-what-is-1inch-derivative-staking-and-how-does-it-work
A little introduction about Turbo ETH:
The key feature of Turbo ETH is leverage. Leverage is a technique that allows you to control a larger position in the market with less capital. With Turbo ETH, you can maximize your potential gains or losses by using leverage.
Many may wonder why exactly ETH is used on Polygon. I give you the answer:
Turbo ETH is implemented on the Polygon network, it does rely on the Ethereum blockchain for some functionality. Ethereum is known for its reliability, security, and liquidity, making it the preferred choice for many dAap.
What is Rebalancing, Active and Pending in Turbo ETH:
Rebalancing - process by which the state of your position in Turbo ETH is automatically adjusted to maintain the required level of leverage.
Active -this means that you are actively participating in trading and your position is open. You can observe changes in the value of your position in real time and make decisions accordingly.
Pending - this means that your application to open or close a position has not yet been executed. Possible reasons for this state may include pending transaction confirmation or fulfillment of other conditions necessary to complete the transaction.
Now let's understand what Total staked, Strike price, Next rebalancing and Pool utilization are:
Total staked - total amount of ETH that users have frozen in the staking pool to participate in Turbo ETH trading. This amount represents the total amount of funds that are participating in this trading strategy.
Strike price - price at which an instrument will be executed if a certain price level is reached. In the context of Turbo ETH, this is the price that the instrument must reach in order for the option to be exercised and the trader to make a profit.
Next rebalancing - time or event when a strategy reviews its parameters and makes changes to its trading strategy. This may include changing rates, reallocating assets, or other adjustments to adapt to changing market conditions.
Pool utilization - percentage of total staking and available funds in the staking pool. It is a metric that measures how actively the pool is utilized and how effective it is in raising funds for Turbo ETH trading.
Choose the level of leverage:
When you select the leverage level: 25%, 50%, 75% or 100%, these values indicate how much of your available capital you are using to open a position.
If for example I open a position at 100% it means that I am using 100% of my available capital to open a position. In this case I am fully utilizing my capital to trade in Turbo ETH.
When using leverage, I advise beginners to start with a small level of leverage and gradually increase it as they gain experience and confidence.
Important: Higher levels of leverage can increase potential returns, but also increase the risk of capital loss.
Now let's go to an example. I decided to put 0.6 ETH into Turbo ETH, what happens next?
My funds will be used in the trading strategy. This strategy is based on the use of options and allows traders to profit from changes in the price of ETH.
The process of Turbo ETH operation includes several steps:
Staking: My 0.6 ETH will be frozen and used in the Turbo ETH trading strategy. I will be given an equivalent amount of Turbo ETH that will reflect my stake in the strategy.
Trading: The Turbo ETH strategy will actively trade based on changes in the price of ETH. If the price of ETH reaches or exceeds a set strike price level, my option will be exercised and I will make a profit.
Rebalancing: The Turbo ETH strategy will rebalance periodically to adapt to changing market conditions. This may include changing rates or reallocating assets within the strategy.
What happens next:
If the price of ETH reaches or exceeds the set strike price level, my option will be exercised and I will profit according to the price change.
If the price of ETH does not reach the strike price level, my option may not be exercised and I will not profit. In this case, my stake in the strategy will be retained for further trading.
Important:
Step-by-step instructions:
1/ Switch to Polygon Network
2/ Swap MATIC/USDC/USDT or other token → ETH ( W )
3/ Move to Earn → Strategies
4/ Move to Turbo ETH
5/ Enter the amount and choose leverage ( 25%, 50%, 75%, 100% )
6/ Click on Give permission + approve = done!
Take into account current market volatility and expected ETH price movements. Volatile market conditions may increase the risk of using high leverage levels. Be prepared for possible price fluctuations and choose a leverage level that is appropriate for current market conditions.
Additional materials:
https://help.1inch.io/en/articles/6162115-what-is-1inch-derivative-staking-and-how-does-it-work
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