Jan 6Ref Quarterly Update: Q4 2022Introduction What is the common denominator of Mt Gox, Quadriga and FTX? In addition to being potential Hollywood blockbusters, they all suffered from poor risk management and internal controls. Yet, with $9B in realised losses [1] (vs. $250M for Quadriga and $460M for Mt Gox [2]), the downfall of FTX and…9 min read9 min read
Published in NEAR Protocol·Updated Dec 13, 2022Why Ref v2 is Better than Uni v3Introducing the Discretized Liquidity AMM with Limit Orders — Introduction & Background Ref Finance v2 is bringing the future of trading to NEAR: a Discretized Liquidity AMM (DLAMM) with limit orders. Launching in the coming weeks, you can soon enjoy a CEX-like trading experience with all the DEX benefits. TL;DR 1. The collapse of FTX points to the necessity for DEXs with trading…Trading7 min readTrading7 min read
Nov 3, 2022Not So Stable-coin: An Analysis of the Market and the US Stablecoin BillA Ref Finance Research Series — Introduction & Background The current stablecoin market cap has reached an estimate of $146.41 billion (Oct 23, 2022 CoinmarketCap) and the number continues to grow. By comparison, Bitcoin’s market cap is $375 billion (Oct 23, 2022 CoinmarketCap) and Ethereum’s is $167 Billion (Oct 23, 2022 CoinmarketCap). The global cryptocurrency market cap is $943…Stablecoin Cryptocurrency8 min readStablecoin Cryptocurrency8 min read
Oct 11, 2022Ref Quarterly Update: Q3 2022Introduction 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. …7 min read7 min read
Sep 30, 2022SWEAT x Ref Finance: The comprehensive bridging & staking user guideSweat 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. …Token6 min readToken6 min read
Sep 14, 2022Ref V2 — Unlock concentrated liquidity for better capital efficiencyEfficient 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…Trading3 min readTrading3 min read
Jul 14, 2022Ref Quarterly Update: Q2 2022Introduction 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. …Defi7 min readDefi7 min read
Jul 5, 2022Ref Tokenomics 2.0: veTokenomics on TestnetYour 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…Blockchain4 min readBlockchain4 min read
Jun 27, 2022Rated Pools: pools designed for yield-bearing tokensUnlocking 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 …Liquidity Mining2 min readLiquidity Mining2 min read
May 19, 2022How to stake HBTC on Ref FinanceMore 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…Stable Coin3 min readStable Coin3 min read
