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PGOV farming multipliers

PGOV farming multipliers

bZx Community ForumbZx Community Forum18 Jun 2021 | 10:46 am
Proposal to change the multipliers of PGOV farm due to instability of the PGOV price, which influences the APRs. Low liquidity in the LP means the price greatly fluctuates, it can dump or rise very fast. If you don't entice the LP with the highest multiplier, the experienced farmers are simply not going to join, meaning the liquidity stays low.
How Chainlink Powers bZx’s Multichain Growth Strategy | Chainlink Today

How Chainlink Powers bZx’s Multichain Growth Strategy | Chainlink Today

Chainlink TodayChainlink Today02 Jun 2021 | 18:34 pm
bZx has launched on Polygon’s layer-2 scaling solution. The protocol is expanding its integration of Chainlink Price Feeds, which are natively integrated on the Polygon mainnet. It aims to provide “an unprecedented user experience” that empowers users to more efficiently and cost-effectively lend, borrow and gain leveraged exposure to cryptocurrencies.
This Week in DeFi – May 14

This Week in DeFi – May 14

DeFi RateDeFi Rate14 May 2021 | 18:16 pm
This week, Enzyme and Lido collab for staking, UMA launches optimistic oracle, Gnosis safe and and bZx are coming to L2, and rugs for charity
Elon Musk accepts Dogecoin as payment for a SpaceX mission

Elon Musk accepts Dogecoin as payment for a SpaceX mission

ChronChron11 May 2021 | 18:45 pm
Elon Musk, the founder of Tesla and SpaceX, will accept cryptocurrency as a form of payment in a space mission of his company SpaceX, according to reports. A Canadian company, called Geometric Energy Corporation, confirmed that it will pay SpaceX to send a 40 kg satellite on a mission solely with digital currency. The objective of the satellite will be "to obtain lunar-space intelligence, through sensors and cameras".
Cboe BZX Exchange Backs Wise Origin Bitcoin ETF, Paves Way for SEC Review

Cboe BZX Exchange Backs Wise Origin Bitcoin ETF, Paves Way for SEC Review

CoinspeakerCoinspeaker11 May 2021 | 11:15 am
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
THETA, BZRX, OCEAN Reclaim Key Levels, Aim for New Highs

THETA, BZRX, OCEAN Reclaim Key Levels, Aim for New Highs

BeInCryptoBeInCrypto07 May 2021 | 11:30 am
Theta Token (THETA) has been moving upwards since completing a flat correction on April 23. Ocean Protocol (OCEAN) has reclaimed the $1.25 area but is still following a descending resistance line. BZRX has reclaimed $0.78 and looks primed for a significant increase. THETA is likely to increase towards the closest resistance area at $15.
BTC, ETH, XRP, ADA, YFI, BZRX, DASH—Technical Analysis April 28

BTC, ETH, XRP, ADA, YFI, BZRX, DASH—Technical Analysis April 28

BeInCryptoBeInCrypto28 Apr 2021 | 09:56 am
Ethereum (ETH) reached a new all-time high price on April 28. XRP (XRP) has completed a fourth wave pullback. Dash (DASH) is trading in a range between $245 and $330. Yearn Finance (YFI) has bounced at an important support area.
Krystal is LIVE! One Platform, All DeFi

Krystal is LIVE! One Platform, All DeFi

MediumMedium20 Apr 2021 | 13:01 pm
Krystal is a non-custodial DeFi (decentralized finance) app that will save users time, money, and effort by consolidating the best DeFi services under one roof. Krystal will launch first as a mobile app (already available on iOS and Android), with the web app available in the next few weeks. The app will be heavily community-driven and we welcome feedback on what features you’d like to see.
bZx DeFi Protocol to Launch Multi-Cross-Chain Governance Tokens

bZx DeFi Protocol to Launch Multi-Cross-Chain Governance Tokens

finance.yahoo.comfinance.yahoo.com19 Apr 2021 | 05:21 am
BZx reached a $1 billion TVL a week after launching on BSC, according to a recent tweet. The DeFi protocol has a BEP-20 standard token called BGOV which also acts as a governance and fee-generating token. It is a fork of the Sushi token contract which has an inflationary issuance model. BZx plans to launch a margin trading, borrowing, and lending product on Ethereum Layer 2
Torque Crypto Loans | Borrowing Made Simple | bZx

Torque Crypto Loans | Borrowing Made Simple | bZx

07 Apr 2021 | 14:23 pm
Bamboo Relay is the first 0x-standard relay, and in fact the first DEX, to offer non-custodial peer-to-peer margin lending. The debut of Bamboo is also the first time a DEX has ever offered non-CUSTODial peer to peer lending. Bamboo has raised over $1.5 billion in funding.
Onsen ♨: Steamy Round 2 Mid-Update

Onsen ♨: Steamy Round 2 Mid-Update

MediumMedium01 Apr 2021 | 00:18 am
Sushi has added new Onsen and permanent Onsen pairs to its menu of cryptocurrency yield farming pairs. The new pairs are added and updated based on token performance factors such as volume, liquidity and project promise. The number of allocation points are also given based on a vetting process with factors like market cap taken into consideration.
How $100M Got Stolen From DeFi in 2021: Price Oracle Manipulation And Flash Loan Attacks Explained

How $100M Got Stolen From DeFi in 2021: Price Oracle Manipulation And Flash Loan Attacks Explained

hackernoon.comhackernoon.com11 Mar 2021 | 17:36 pm
The world witnessed some of the massive DeFi hacks in 2021 on some of the most renowned protocols like bZx, Cheese Bank, Harvest Finance, Value Defi, etc.
Zero to One: Notes about Innovation on Ethereum

Zero to One: Notes about Innovation on Ethereum

MediumMedium08 Mar 2021 | 23:15 pm
Ethereum has been home to some incredible innovation in its short five-year existence. There have been moments of individual brilliance along with a lot of incremental improvements as thousands of people have remixed each other’s open-source ideas. I have listed three categories of these zero-to-one moments that people can peruse.
Tidal Finance partners with bZx Protocol providing Asset Insurance

Tidal Finance partners with bZx Protocol providing Asset Insurance

MediumMedium04 Mar 2021 | 15:08 pm
Tidal Finance has partnered with bZx protocol, the most flexible decentralized finance protocol on Ethereum for shorting, leverage trading, borrowing, and lending that empowers decentralized, efficient, and rent-free blockchain applications. Tidal Finance is a decentralized discretionary mutual cover protocol offering the DeFi community the ability to hedge against failure of any DeFi protocol or asset.
Where does the future of DeFi belong: Ethereum or Bitcoin? Experts answer

Where does the future of DeFi belong: Ethereum or Bitcoin? Experts answer

CointelegraphCointelegraph04 Mar 2021 | 00:00 am
Decentralized finance (DeFi) is one of the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi has been approaching the $40-billion mark this month, which indicates a value increase of around 200 times since February 2019. The future success of the ecosystem depends on accurate and secure data that is free from manipulation.
Konomi and bZx works together on offering DeFi options

Konomi and bZx works together on offering DeFi options

MediumMedium24 Feb 2021 | 03:02 am
Konomi and bZx are teaming up to create more money markets for digital assets in the Polkadot ecosystem. Konomi is a state-of-the-art lending platform meant to return the full value of transactions back to the end-users. BZx, Fulcrum, and Torque users will be able to migrate their assets across blockchains, opening up new opportunities.
Robinhood CEO Unintentionally Makes the Case for DeFi - Decrypt

Robinhood CEO Unintentionally Makes the Case for DeFi - Decrypt

DecryptDecrypt02 Feb 2021 | 23:46 pm
Robinhood CEO Vlad Tenev has proposed a change in regulations that would allow securities trades to settle in minutes rather than days. The current system, overseen by the Securities and Exchange Commission and the private Depository Trust and Clearing Corporation, requires a two-day settlement period. "There is no reason why the greatest financial system the world has ever seen cannot settle trades in real time," he wrote.
Mark Cuban: DeFi, Not Robinhood, Gives Money Back to Users - Decrypt

Mark Cuban: DeFi, Not Robinhood, Gives Money Back to Users - Decrypt

DecryptDecrypt30 Jan 2021 | 00:30 am
Dallas Mavericks owner Mark Cuban has criticized Robinhood for taking fees that in DeFi would otherwise go to the user. He pointed out that short-sellers on Robinhood pay a 30% fee to borrow a stock that is already heavily shorted. "This is one more way that Wall St takes advantage of the little guy," Cuban wrote.
Reef Finance has Partnered with bZx Protocol to Offer a Diverse Range of DeFi Services to Reef…

Reef Finance has Partnered with bZx Protocol to Offer a Diverse Range of DeFi Services to Reef…

MediumMedium12 Jan 2021 | 13:33 pm
Reef Finance has partnered with bZx Protocol to offer a wider variety of services and income opportunities to the users of its DeFi platform. With this partnership, Reef users will be able to achieve various leveraged baskets through bZX. Reef will also add another basket type on its platform which will be designated for bZ
bZx to Bring Decentralized Margin Trading & Lending to Avalanche

bZx to Bring Decentralized Margin Trading & Lending to Avalanche

MediumMedium07 Jan 2021 | 20:00 pm
bZx is integrating Avalanche to bring decentralized margin trading, borrowing, and lending to Avalanche’s DeFi ecosystem. Upon completion (set for Q1 2021), bZx applications will work seamlessly on Avalanche, enabling a new wave of growth for the protocol. Avalanche consistently finalizes transactions in less than a second for fees under a cent.
Crypto Margin Trading with Fulcrum | bZx

Crypto Margin Trading with Fulcrum | bZx

19 Dec 2020 | 09:18 am
Bamboo Relay is the first 0x-standard relay, and in fact the first DEX, to offer non-custodial peer-to-peer margin lending. The debut… is also the first time a DEX has been able to offer margin lending in the US. Bamboo is a 0x standard relay.
Learn & Earn: Fulcrum Margin Trading Platform & the new BZRX tokenomics

Learn & Earn: Fulcrum Margin Trading Platform & the new BZRX tokenomics

MediumMedium11 Dec 2020 | 13:03 pm
bZx Co-Founder Kyle Kistner talks about the BZRX token and the governance structure of bZx Protocol’s new governance model. He also explains the benefits of decentralized margin trading on DeFi platforms like Fulcrum, which is the only one of its kind in the DeFi space. BZX Protocol is currently working on upgrades like permissionless listing, security mining and limit orders.
The unluckiest DeFi protocol? A personal take on bZX’s tumultuous year

The unluckiest DeFi protocol? A personal take on bZX’s tumultuous year

CointelegraphCointelegraph24 Oct 2020 | 07:00 am
Decentralised finance (DFD) platform bZX's Co-founder Kyle Kistner has revealed that the platform was once hacked thrice this year. He said, "Ever since we got the money back and the funds are safe, we've got a whole bunch more total value locked and a huge amount of trading volume." He added, "We haven't quite made it back to where we were."
bZx: the Most Efficient DeFi Protocol that Integrated Margin Trading and Lending

bZx: the Most Efficient DeFi Protocol that Integrated Margin Trading and Lending

MediumMedium31 Aug 2020 | 02:29 am
US-based crypto-lending platform bZx has raised an undisclosed amount of funding in a private funding round led by Hashed. Hashed, which has invested in DeFi and encouraged entrepreneurs to adopt tokenisation since 2017, said, "We saw its potential because the team knew how to crystallise the understanding of openness and composability of DeFi liquidity for better results."
The Rebirth of bZx Protocol

The Rebirth of bZx Protocol

tokentuesdays.substack.comtokentuesdays.substack.com26 Aug 2020 | 04:06 am
Yield farming is all the rage. Every project is now incentivizing liquidity and this trend is only going to get 10x more competitive in the coming months. However, there are a select few projects approaching token distribution and liquidity mining in a sensible fashion. One of the biggest things missing from this new wave is a lack of focus on security and long-term sustainability. To this end, we want to spotlight bZx Protocol - a financial primitive for shorting and lending behind Fulcrum and Torque. bZx is fueled by a native token BZRX which made a big splash in it’s Initial DEX Offering in July. While talk of the token has somewhat died down in DeFi circles since the launch, we’re here to shine a light on why the token has grown steadily since distribution and how the upcoming protocol relaunch is poised to capture a new wave of value for protocol users and tokeholders alike. Special thanks to bZx for sponsoring this post to make it free to read! Token Picks are normally for subscribers only, so be sure to sign up for articles like this delivered right to your inbox every Tuesday! bZx currently offers two flagship products: Fulcrum - For tokenized lending and margin trading Fulcrum - For tokenized lending and margin trading Torque - For fixed-rate loan origination Torque - For fixed-rate loan origination Users can lend any crypto asset, more in line with Aave’s wide-set approach than Compound’s conservative listing strategy. The ability to take out leveraged positions like 3x longs on supported assets offers another layer of composability for traders to collateralize positions with extra leverage.This goes to show that bZx is more than just a lending protocol, and is one which is likely to add more products to its stack in the coming months. It’s tough to discuss bZx without shining light on the attacks that plagued the protocol in February. While we won’t go too deep into this, the protocol suffered serious losses which have resulted in the inability for users to borrow or trade over the past 6 months. What’s worth noting is that bZx compensated every affected user out of pocket, along with a buyback program for iETH LPs who faced illiquidity following the protocol being restricted. Now, bZx is gearing up for a relaunch that has undergone extensive auditing. This includes a lean, elegant product experience that is twice as efficient on gas costs. Here’s what you need to know. The relaunch of bZx will feature a new and improved Fulcrum 2.0 along with an updated version of Torque featuring Flash Loans. Alongside the protocol upgrade are new incentives and features like: Sustainable Yield Farming Sustainable Yield Farming Collateral Management Collateral Management Gas Token integration Gas Token integration Order Histories Order Histories Liquidation Engines Liquidation Engines The takeaway here is that the protocol will become drastically more efficient, opening up value capture mechanisms to both arbitrageurs and tokenholders alike. Outside of the classic DeFi narrative of earning tokens for using the product, bZx’s approach to liquidity mining feels much more sustainable. “Each time a user pays a fee, 50% of the value of the fee is refunded to them in the form of BZRX.” - BZRX V3 This rebate-like model is drastically different from other liquidity mining opportunities where users earn exponentially more in token value than the amount of fees paid to the protocol. This is why Compound recursive lending + borrowing has gotten so extreme. Borrowers literally make a profit for spinning their assets to harvest governance tokens. “The bZx protocol is taking a slightly different approach by directing rewards toward active users” With this model, oracle-based pricing makes it so that liquidity mining is not exponentially profitable, rather a sustainable means of only distributing tokens to those adding more value to the protocol. Taking a quick look at what these fees are: Origination fee: 0.09% Origination fee: 0.09% Trading fee: 0.15% Trading fee: 0.15% Interest fee: 10% of interest paid Interest fee: 10% of interest paid As fees are accrued by the protocol, half go towards the DAO while half go towards an insurance fund until the DAO decides otherwise. These conservative rebates come in tandem with an attractive boostrap period in which 0.5% of the BZRX supply will be released per week based on the quantity of fees generated for that week. A total of 2% over the first four weeks, giving BZRX farming a competitive advantage over a project like Balancer in which only 0.145% of tokens are released each week. For BZRX token holders, collecting fees is as simple as staking to the DAO via the Staking Dashboard. More on BZRX staking here. What’s unique about bZx staking is users can enter the DAO with three different assets: BZRX - Vanilla tokens with 1:1 voting BZRX - Vanilla tokens with 1:1 voting BZRX LP/BPT - Liquidity positions in BZRX-based pools on Uniswap and Balancer BZRX LP/BPT - Liquidity positions in BZRX-based pools on Uniswap and Balancer vBZRX - Vested BZRX representing a claim on underlying BZRX vBZRX - Vested BZRX representing a claim on underlying BZRX This dichotomy of staking provides flexibility for every ecosystem actor to participate, something which many projects ignore when considering how investors and LPs are able to dually capture the upside of the project’s growth while adding value in other areas. Alongside the dashboard is a handy Staking Calculator, allowing users to track their monthly cash flows in different situations. BZRX holders can also redeem their tokens for insurance, a direct benefit of the protocol being battle-hardened to deal with crisis-level events. In recent weeks, the price of BZRX has been steadily climbing in anticipation of the protocol relaunch. We expect that the introduction of sustainable yield farming in tandem with a growing treasury will make bZx one of the more consistent players in the rising degen landscape of DeFi meme coins. Having undergone a crisis type event, we can rest assured that bZx is taking security extremely seriously, a major win in the land of unaudited smart contracts rising today. Backed by community insurance and a well-thought-out governance schema, we expect BZRX to quickly find its footing in an ever-growing DeFi landscape. With Aave just today topping the DeFi Pulse leaderboard, a community-operated lending, margin and borrowing protocol has endless upside in the midst of a DeFi bull market. To stay up with bZx, be sure to follow them on Twitter! Share Disclaimer: Fitzner Blockchain is long BZRX. All information in this newsletter is purely educational and should only be used to inform your own research. Token Tuesdays does not offer investment advice, endorsement of any project or approach, or promise any outcome. This is prepared using public information and does not account for anyone's specific goals or financial situation.