You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...

You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...

Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...

Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...

This month the Risedle Labs development team has been focused dominantly on improving Risedle Leveraged Protocol, improving the Risedle Interface, building Risedle Snapshot services and testing the stability and security of upcoming features.Risedle Leveraged Token ProtocolPreviously, native asset such as ETH, MATIC or FTM are not supported by the protocol. This month we shipped a new implementation and now all native assets are supported by the protocol. Users wont need to wrap their native ...

This month the Risedle Labs development team has been focused dominantly on improving Risedle Leveraged Protocol, improving the Risedle Interface, building Risedle Snapshot services and testing the stability and security of upcoming features.Risedle Leveraged Token ProtocolPreviously, native asset such as ETH, MATIC or FTM are not supported by the protocol. This month we shipped a new implementation and now all native assets are supported by the protocol. Users wont need to wrap their native ...

We have finalized the development and audit for Fuse Leveraged Token since early this month. There’s some delay on the launch due to a global pause that currently happens on fuse, making us unable to launch FLT properly on Arbitrum. After having a few considerations, we have decided to work with midascapital.xyz to launch on binance smart chains. For anyone who doesn’t know about them, Midas Capital is a DAO within the Tribe DAO ecosystem, bringing Rari Capital’s Fuse pools to EVM compatible ...

We have finalized the development and audit for Fuse Leveraged Token since early this month. There’s some delay on the launch due to a global pause that currently happens on fuse, making us unable to launch FLT properly on Arbitrum. After having a few considerations, we have decided to work with midascapital.xyz to launch on binance smart chains. For anyone who doesn’t know about them, Midas Capital is a DAO within the Tribe DAO ecosystem, bringing Rari Capital’s Fuse pools to EVM compatible ...

Yoo anon, suppp? This month Risedle Core team is productive as ever. We’ve got a lot of updates to share, so let’s get started!Risedle x Tribe DAOWe are now part of Tribe DAO Core contributors. Risedle Core Team want to build the best leverage platform on top of Rari Fuse or die trying. We think that most people don't realize how far we can go with this. If you follow our github updates channel on discord, we have been openly building the next version of Risedle Leveraged Tokens on top o...

Yoo anon, suppp? This month Risedle Core team is productive as ever. We’ve got a lot of updates to share, so let’s get started!Risedle x Tribe DAOWe are now part of Tribe DAO Core contributors. Risedle Core Team want to build the best leverage platform on top of Rari Fuse or die trying. We think that most people don't realize how far we can go with this. If you follow our github updates channel on discord, we have been openly building the next version of Risedle Leveraged Tokens on top o...

Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.Better Product DocumentationWe have revamped Risedle’s documentation site. Previously we used a notion page for the documentation. There is no clear site navigation and full text search functionality built in. Then we move the documentation to gitbook. It has the best navigation and full text search functionality.Clear guideIn the new docs we focus on explaining Risedle’s products instead of the ...

Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.Better Product DocumentationWe have revamped Risedle’s documentation site. Previously we used a notion page for the documentation. There is no clear site navigation and full text search functionality built in. Then we move the documentation to gitbook. It has the best navigation and full text search functionality.Clear guideIn the new docs we focus on explaining Risedle’s products instead of the ...

We are sad and disappointed. We have spent the last 6 months basically trying to build on top of Rari Fuse and have pictured the future where the Rari Fuse can become the base layer of the permissionless leverage platform. With the dissolution of TribeDAO, this future will become much harder to attain. It took us a bit of time to recuperate and decide where the future of Risedle going to be. Couple of lessons that we learn coming out of this.Nothing Last ForeverTechnology adoption life cycleC...

We are sad and disappointed. We have spent the last 6 months basically trying to build on top of Rari Fuse and have pictured the future where the Rari Fuse can become the base layer of the permissionless leverage platform. With the dissolution of TribeDAO, this future will become much harder to attain. It took us a bit of time to recuperate and decide where the future of Risedle going to be. Couple of lessons that we learn coming out of this.Nothing Last ForeverTechnology adoption life cycleC...

Yesterday, we launched BNBRISE and BNBDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. BNBRISE and BNBDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the BNB token, which may amplify profitability and potential losses:If BNB price goes up 5% 🟢, then:BNBRISE price will up 10% 🟢BNBDROP price will down 10% 🔴If BNB price goes down 5% 🔴, then:BNBRISE price w...

Yesterday, we launched BNBRISE and BNBDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. BNBRISE and BNBDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the BNB token, which may amplify profitability and potential losses:If BNB price goes up 5% 🟢, then:BNBRISE price will up 10% 🟢BNBDROP price will down 10% 🔴If BNB price goes down 5% 🔴, then:BNBRISE price w...

Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...

Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...

Continuous integration (CI) is a software engineering practice that helps small-scale or large teams to collaborate better and improve their codebase. With Github Actions, you can easily integrate this into your dapptools project without using an external platform. In this tutorial, we see how you can use Github Actions to set up a CI pipeline to your dapptools project. Before we delve into Github Actions for CI, let’s understand what continuous integration is.What is continuous integration?C...

Continuous integration (CI) is a software engineering practice that helps small-scale or large teams to collaborate better and improve their codebase. With Github Actions, you can easily integrate this into your dapptools project without using an external platform. In this tutorial, we see how you can use Github Actions to set up a CI pipeline to your dapptools project. Before we delve into Github Actions for CI, let’s understand what continuous integration is.What is continuous integration?C...

Around 2 months ago, we announced our plan to build leveraged token on top of Rari Fuse. We call it Fuse Leveraged Token, an open and fluid leveraged token mechanism that can be easily implemented by any project that controls fuse pool. A couple of weeks ago, something unfortunate happened. Rari fuse was exploited by around 80 million and left some of the pool in bad debt. We feel that it is necessary to address this issue for our community. To cut it short: We still have all the intention to...

Around 2 months ago, we announced our plan to build leveraged token on top of Rari Fuse. We call it Fuse Leveraged Token, an open and fluid leveraged token mechanism that can be easily implemented by any project that controls fuse pool. A couple of weeks ago, something unfortunate happened. Rari fuse was exploited by around 80 million and left some of the pool in bad debt. We feel that it is necessary to address this issue for our community. To cut it short: We still have all the intention to...