This whitepaper introduces a digital lending platform, DeFiner, with both a decentralized architecture and a decentralized governance process. DeFiner is designed to develop into a self-governed digital lending ecosystem for users worldwide to easily access new financial opportunities, secured by blockchain technology. Using an innovative cross-chain application that simplifies user experience through “Off-Chain Agreement Matching with On-Chain Settlement”, DeFiner provides a trustworthy platform for lending and borrowing digital assets without any intermediary interference. By providing 24/7 global accessibility with significantly lower than traditional lending costs, our platform offers crypto holders the unique ability to unlock instant value from their digital capital. Our Proof of Premium(POP) mining token economy is designed and introduced to help DeFiner grow to be the first decentralized architecture and self-governed digital lending ecosystem. We intend to return the power of finance to the end user to promote financial inclusion and democratization.
Category: Recently Added Whitepapers
CoFix Whitepaper
DeFi projects have a problem; they cannot calculate and manage risk because they are not
using an oracle with controllable and computable risk. The NEST oracle solves this problem by providing a reliable price feed with a computable risk factor that does not rely on centralized infrastructure. By using the NEST oracle, we can provide an entirely new DEX, CoFiX, that brings reliable prices and a computable risk factor for traders and market makers. This article will discuss the background of DEX’s today, explain in detail the works of our new DEX, CoFiX, and how we expect it to become an essential product in the space.
Juggernaut (JGN) Whitepaper
Introducing Juggernaut (JGN)
Imagine if you could think of a business idea and add customized DeFi into its components. This is the JGN mission. The JGN ‘j’ token series will offer unique synthetic derivatives for specific business use cases. jSKM will be the first in the series. More business use cases are being explored and will be announced very soon.
According to Coin Telegraph, the term “synthetic asset” refers to a mix of assets that have the same value as another asset. Traditionally, synthetics combine various derivative products — options, futures or swaps — that simulate an underlying asset — stocks, bonds, commodities, indexes, currencies or interest rates.
Centaur Whitepaper
Decentralized financial systems built on blockchain are poised to revolutionalise traditional finance, with projects such as MakerDAO and Compound Finance achieving some level of adoption. However, these projects suffer from issues such as niche use cases, lack of adoption due to technical barriers to entry, and significant regulatory and legislative uncertainty. These issues are compounded when considering the walled garden characteristics of blockchain protocols, resulting in further complications when attempting to collaborate with other parties.
Centaur proposes a different way forward. With a set of solutions built upon a hybrid of centralized/ decentralized principles, Centaur will create offerings that are decentralized in one or more of the three aspects, yet centralized across others. The execution of these solutions would be supported by financial licenses worldwide while the underlying blockchain will focus on backward compatible interoperability.
The implementation will be conducted in three phases. The first phase will focus on building the foundation of the ecosystem by creating liquidity pools, developing the testnet and providing an interface. The second phase will involve developing the Centaur Chain and implementing core functions such as cross-chain interoperability, oracles and ecosystem rewards. Finally, the third phase will involve the development of decentralised applications such as the crypto index fund, domestic and cross-border transfers, and a lending platform.
Ultimately, Centaur aims to be the bridge between centralized and decentralized finance by combining the best elements of each, with the ultimate aspiration of moving towards a fully decentralized model.
Easyfi Whitepaper
EasyFi is a protocol built with a vision to solve some of the inherent challenges faced by gen 1 defi solutions with respect to the transaction speed and cost which are a bottleneck for defi operations at scale.
Hathor Whitepaper
Hathor is a transactional consensus platform comprised of an entirely novel architecture, based on concepts from both directed acyclic graph (DAG) and blockchain technologies combined. We propose a solution to the problems of scalability and decentralization maintenance among distributed ledger networks by including a chain of mined blocks inside a DAG of transactions. The blockchain ensures security when the number of transactions per second is small, whereas the DAG prevails
when the number increases significantly. The primary result is that it seems to work correctly under any number of transactions per second.
PieDAO Whitepaper
PieDAO is an asset allocation Decentralized Autonomous Organization (DAO) for governing tokenized portfolio allocations.
In this paper we introduce an Ethereum decentralized autonomous organization (DAO) initially focused on creating tokenized asset allocations called PIEs where weights are collectively governed by DAO members, allowing users to frictionlessly get exposure to different allocations.
Introduction
In the last decade, a significant shift in people’s relationship with money has occurred, due to a combination of macro-trends in economic, political, and technological forces. People have become increasingly mindful of domestic systemic risk and been seeking passive investment tools designed to mitigate that risk.
In finance, index funds guarantee investors a controlled exposure to a portfolio. These products, however, are centralized solutions for portfolio management and offer little exposure to new asset classes like crypto and DeFi.
Liquidity pools offer a new standard for efficiently trading assets while allowing investors to retain some properties of an index fund with automated rebalancing while earning a yield on their holdings.
In this paper, we introduce a decentralized governance system for tokenized Smart Pools representing a portfolio allocation and frictionless exposure to a diversified basket of tokens, implemented as, but not exclusively, a liquidity pool.
Compound Whitepaper
The market for cryptocurrencies and digital blockchain assets has developed into a vibrant ecosystem of investors, speculators, and traders, exchanging thousands of blockchain assets. Unfortunately, the sophistication of financial markets hasn’t followed: participants have little capability of trading the time value of assets.
Interest rates fill the gap between people with surplus assets they can’t use, and people without assets (that have a productive or investment use); trading the time value of assets benefits both parties, and creates non-zero-sum wealth. For blockchain assets, two major flaws exist today:
● Borrowing mechanisms are extremely limited, which contributes to mispriced assets (e.g. “scamcoins” with unfathomable valuations, because there’s no way to short them).
● Blockchain assets have negative yield, resulting from significant storage costs and risks (both on-exchange and off-exchange), without natural interest rates to offset those costs. This contributes to volatility, as holding is disincentivized.
Centralized exchanges (including Bitfinex, Poloniex…) allow customers to trade blockchain assets on margin, with “borrowing markets” built into the exchange. These are trust-based systems (you have to trust that the exchange won’t get hacked, abscond with your assets, or incorrectly close out your position), are limited to certain customer groups, and limited to a small number of (the most mainstream) assets. Finally, balances and positions are virtual; you can’t move a position on-chain, for example to use borrowed Ether or tokens in a smart contract or ICO, making these facilities inaccessible to dApps.
Peer to peer protocols facilitate collateralized and uncollateralized loans between market participants directly. Unfortunately, decentralization forces significant costs and frictions onto users; in every protocol reviewed, lenders are required to post, manage, and (in the event of collateralized loans) supervise loan offers and active loans, and loan fulfillment is often slow & asynchronous (loans have to be funded, which takes time).
In this paper, we introduce a decentralized system for the frictionless borrowing of Ethereum tokens without the flaws of existing approaches, enabling proper money markets to function, and creating a safe positive-yield approach to storing assets.
Anatha Whitepaper
We are a vertically integrated decentralized economy dedicated to economic inclusion and helping end global poverty by putting human needs first.
Consisting of the ANATHA Network, ANATHA Nexus, and ANATHA REWARDS, Project ANATHA is a set of integrated applications — financial and social — that’s powerful enough for the professional, easy enough for the novice, with Decentralized Human Readable Addresses and featuring a global reward system — the ANATHA Torus — in which value generated by the network is returned to the community every 24 hours.
The legacy financial system has failed. By putting the needs of capital above the needs of human beings, it has created poverty on an astronomical scale. Today, nearly half of the world’s population — more than 3 billion people — lives on less than $2.50 a day. More than 1.3 billion live in extreme poverty — less than $1.25 a day.
And even if we wanted to give them money, we couldn’t as they exist outside the existing banking system.
This leads to all kinds of suffering — disease, violence, war, depression. But it also creates untold inefficiencies as all those people who have to fight to survive are not able to participate in the global economy, not able to contribute their talents to the common good. This is structural violence and it is unsustainable. Meanwhile, philanthropic efforts have to build new structures of distribution, an inefficient system, to say the least.
At Project ANATHA, we are practical idealists who believe that decentralization offers the opportunity for global meaningful economic inclusion that creates what we call structures of flourishing — an economy not based on the zero-sum logic of extraction but on the collective prosperity of abundance. Such is the promise of the Information Resource Economy.
By building an integrated nexus of applications that includes digital personhood and meaningful access via a global rewards program that returns value generated on the network back to that network every 24 hours, we are creating a new Information Age economy in which we can help elevate people above the global poverty line.
Kirobo Whitepaper
Kirobo is an Israeli startup with a single mission: to create a logic layer that sits on top of each individual blockchain and protects users from human error. Our ultimate goal is to make blockchain as simple and secure as online banking.
With support from the Israel Innovation Authority, we have already created logic layers over Bitcoin networks. These days, we are in a continuous process of rolling out advanced services and solutions on top of these layers.
The Problem:
Cryptocurrency transfer is a risky and stressful task People are prone to make mistakes – but such mistakes cannot be tolerated in cryptocurrency transfers where a single misplaced digit of the transfer value, or a wrong address, can wipe out large amounts of money permanently. Addresses can also be deliberately altered by third-party attackers, compromising the security of the funds.
Kirobo’s Solution
Kirobo adds a new layer of protection to currency transfers. This layer protects users from all of the above-mentioned scenarios, and works on two levels:
1. A transaction code that must be entered by the recipient in order to receive the transfer
2. Retrieval capability that allows a sender to retrieve the funds at any time, as long as the right code hasn’t been provided by the recipient