Topic: ✅[ANN] 🔥🚀 1Pool.finance is a decentralized money market protocol 🔥🚀✅ (Read 57 times)
September 27, 2021, 04:03:55 AM
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September 19, 2021, 01:31:31 AM
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September 18, 2021, 08:23:38 AM
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September 18, 2021, 08:20:31 AM
What is 1Pool.finance?
1Pool.finance is a decentralized money market protocol built in Ethereum mainnet
and Binance Smart Chain.
1Pool establishes 'money markets' for lending, borrowing and yield aggregation of
Liquidity Providers (LP) Tokens and other stand-alone digital assets.
1Pool Yield aggregator automatically farms selected LP tokens and stand-alone digital
assets to generate the most competitive APY in the industry.
1Pool Lending Protocol is a decentralized cross-chain lending protocol built on Ethereum
and Binance Smart Chain facilitates on-chain lending and borrowing against selected
Liquidity Provider (LP) tokens) and stand-alone digital assets. The users ( Lenders) can
earn interest on their digital assets by providing supported digital assets to the protocols.
Borrowers can obtain a loan by providing selected digital assets, which would include
stand-alone assets,i.e. BTC, ETH, DOT and selected LP tokens. Interest rates are adjusted
algorithmically by the protocol.
Read More...
and Binance Smart Chain.
1Pool establishes 'money markets' for lending, borrowing and yield aggregation of
Liquidity Providers (LP) Tokens and other stand-alone digital assets.
1Pool Yield aggregator automatically farms selected LP tokens and stand-alone digital
assets to generate the most competitive APY in the industry.
1Pool Lending Protocol is a decentralized cross-chain lending protocol built on Ethereum
and Binance Smart Chain facilitates on-chain lending and borrowing against selected
Liquidity Provider (LP) tokens) and stand-alone digital assets. The users ( Lenders) can
earn interest on their digital assets by providing supported digital assets to the protocols.
Borrowers can obtain a loan by providing selected digital assets, which would include
stand-alone assets,i.e. BTC, ETH, DOT and selected LP tokens. Interest rates are adjusted
algorithmically by the protocol.
Read More...
Here is the token sale info: https://1pool.gitbook.io/1pool-finance/1pool-token-sale-info
1Pool Yield Aggregator
Important :- >>1Pool Yield aggregator is a cross-chain yield accumulator of Erc- 20 and Binance
Smart Chain (BEP- 20) digital assets. 1pool automatically farms the highest yielding assets and
distributes the profits among the platform users. Farming is currently available on Ethereum and
Binance Smart Chain token assets.
>>The majority of the current and upcoming assets can be farmed through 1POOL.
1Pool vaults ( Eth, USDT, USDC, wBNB, wBTC) are designed to route the investment to the risk-
weighted highestm APY generators.
>>Similarly, the holders of selected LP tokens of Uniswap, Sushiswap , Pancakeswap can deposit their
LP tokens with 1POOL.
>>The yield aggregator 'farm' the LP assets to generate the most competitive APY in the industry.
>>The farmers can earn an additional interest by depositing ( staking) their claimed 1POOL tokens in
1POOL revenue share vault.
>>1POOL staking holders would claim for 20 per cent of platform revenue proportionately to their share
in the staking pool.
>>The yield is accumulated and distributed to the depositor wallets which can be withdrawn, staked, auto
staked in full or partially anytime.
1Pool Lending Protocol
>>1Pool lending protocol facilitates on-chain lending and borrowing against selected Liquidity Providers
(LP tokens) and stand-alone digital assets.
>>The users ( Lenders) can earn interest on their digital assets by providing supported digital assets to
the protocols. Borrowers can obtain a loan by providing selected digital assets, which would include
stand-alone assets,i.e. BTC, ETH, DOT and selected LP tokens. Interest rates are adjusted algorithmically
by the protocol.
>>Most existing platforms offer lending and borrowing on stand-alone digital assets (such as borrowing
USDT/USDC against BTC or ETH collaterals). Whereas the users of 1pool can use selected Liquidity pairs as
collateral and take a loan.
>>The holders of LP tokens ( for instance Sushiswap LP -SLP DAI/ETH) can deposit their LP tokens to 1POOL
lending protocol as collateral and obtain a loan in USDC or ETH.
>>The protocol algorithmically set the interest rate depending on the market supply and demand.
>>Similarly, the Loan to Value Ratio (LVR) would be adjusted according to the overall size of the LP pool and the
market cap of the underlying asset.
>>Automated liquidation would occur if the asset depreciates below the LVR.
>>Liquidation would happen in stages, only sizeable enough to sustain the LVR rate.
>>The lender can provide additional collateral to avoid liquidation, or settle a part of the loan by liquidating a portion
of the loan.
Reward Token emission
>>75% of the total supply of 1POOL is allocated to reward the platform users. Reward tokens will be emitted
weekly until the full token supply is exhausted over the next five years.
>>Per Block: 0.595225694 1POOL
>>Per week: 24,000 1POOL each on Eth Mainnet and on BSC chain.
Use Cases of 1POOL token
>>1POOL token holders can participate in platform governance by submitting proposals and voting.
More details on voting and platform governance will be updated later.
>>1POOL token holders can stake their 1POOL tokens and share 20 per cent of platform revenue pro-rata. ( see
below)
>>1POOL token can be used as collateral to take a loan
>>Users can add liquidity to 1POOL token pairs in selected DEXes and earn a percentage of platform fees.
>>Farm 1POOL LP pairs in 1POOL platform and earn 2 X rewards.
How to receive 1POOL token?
>>The users who trade in the 1POOL platform would claim pro-rata 48,000 1POOL tokens emitted weekly.
>>The usage may include, among others: taking loans and borrowing, farming of LP tokens and staking 1POOL token
>>The holders of 1POOL token can receive 20% of platform revenue by staking their 1POOL tokens. The AMM will sell
20% of revenue and buy 1POOL tokens which will be distributed among the staking holders pro-rata.
>>Now that you have done your own research and are set to try out 1Pool.finance, here is a brief user guide to
help you!
>>This is neither extensive nor exclusive but can serve as a basic guide if you are new to Defi or cryptocurrency in
general.
>>Your private keys are your ownership of your digital assets. If you lose or compromise your private keys, you
are most likely to lose your funds.
>>The Seed phrase ( Secret Recovery Phrase) is a unique 12-word phrase generated when you first set up
MetaMask or Binance Chain Wallet.
>>Your funds are connected to that phrase. If you ever lose your password, your Secret Recovery Phrase allows
you to recover your wallet and your funds.
>>Under NO circumstance, should you give someone your private key or recovery phrase ("seed phrase").
This will give someone complete access to your crypto!
>>1POOL team will never ask for your private key or seed phrase.
>>With that cautionary note, let's get started on your crypto journey!
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