Introduction DeFi survived the Summer of 2022. Phew. While the heat wave was roasting the Northern Hemisphere, Ref discreetly celebrated the one-year anniversary of its main smart contract [1], on August 21st. Add to that NEARCON, NEAR Protocol’s flagship event in Lisbon, and DART, the NASA spacecraft that intentionally crashed into…

Sweat Economy, 2022 number 1 downloaded health and fitness app with more than 120 Million users, just successfully launched its TGE event on Near & Ethereum on Sept 13th. The SWEAT Token was then listed on Ref finance immediately, followed by a SWEAT-NEAR farm on Sep 14 with triple tokens…

Efficient swap fee earnings and less impermanent loss. — Introduction The launch of concentrated liquidity AMM is an achievement for Ref Finance and de facto the NEAR ecosystem. First, what is concentrated liquidity? It is the liquidity allocated within a custom price range. With the mechanics of concentrated liquidity, liquidity providers (LPs) can accumulate capital with smaller price intervals than…

Introduction Q2 was wild. $NEAR price decreased by 73% while the DeFi Pulse Index, $DPI, plunged 63% [1]. We have learned, once again, that biggy overleveraged crypto positions are as contagious as Covid when they turn sour. Yes, (crypto) History repeats itself, but so is DeFi’s resilience in the face of…

Your LOVE gets your favourite pools boosted — Discover Ref Tokenomics 2.0 As one of the first dapps on NEAR, and a community DAO-led effort at that, Ref Finance’s mission has always been to serve the community. That is why Ref is bringing the veToken (voting escrow token) to Ref 2.0, to make sure the voice of the Refinians comes first. Popularized…

Unlocking further capital efficiency — stNEAR and LiNEAR tokens have already been traded for tens of millions in USD value on Ref Finance. Rated pools have been designed to fuel the growth of yield-bearing tokens, taking them to the hundreds of millions trading volume zone, taking advantage of: Lower price impact thanks to Stableswap-like invariant …

More stablecoin pools on NEAR — HBTC has already connected with NEAR ecosystem, along with high APY FARM. Following with instruction how to proceed. 【Conversion and cross chain steps】 1. How to get HBTC Deposit/Purchase BTC at huobi.com, then withdraw BTC by using ERC20 to your Metamask wallet address, HBTC then successfully minted. To redeem your HBTC back to BTC, reverse…

First DEX in the market to offer liquidity aggregation across networks — Composability and interaction between protocols are the beauty of DeFi and its enhancement on Aurora and NEAR Ecosystem has risen significantly over the last three months with 800M+ TVL pouring into the ecosystem, kickstarting many innovative protocols building for the future of NEAR Ecosystem. As a multi-chain future is on…

Introduction Aurora is an EVM-compatible chain built on top of the Near protocol. Composability and liquidity on Aurora have grown significantly over the last three months. TVL has increased from $500m+ to almost a billion and DeFi is now well-established, with over twenty applications building the legos of money. Although Aurora…