According to DeFi Pulse, the total value of digital assets locked up in the DeFi tools and protocols has increased from $15 billion to over $40 billion in the first quarter of 2021. Statistically, it’s crystal clear that DeFi is the most impactful trend within the crypto and blockchain space recently with a wide range of use cases for individuals, developers, and institutions. Most DeFi platforms are powered by either Ethereum or Binance Smart Chain (BSC), providing open and permissionless systems that are easily accessible to all.
Furthermore, DeFi has opened up new standards for financial access, opportunity, and trust. The paradigm shift in financial infrastructure has enabled crypto entrepreneurs to recreate traditional financial instruments in a decentralized manner, while eliminating the disadvantages of having to work with intermediaries. Today, DeFi has the majority of use cases in blockchain because it has vast dynamism and offers much-needed solutions in the financial sector.
Among numerous DeFi projects on the market at the moment, ‘Value Defi’ emerges as an ingenious innovation, creating unique and well-rounded opportunities for crypto enthusiasts in the DeFi sphere.
Bringing true value to DeFi
In August 2020, Value DeFi launched on the Ethereum Mainnet and expanded to the Binance Smart Chain (BSC) Mainnet in late February 2021. With this expansion, users are able to take advantage of cheaper fees and the overall enthusiasm around BSC with the current ETH scalability issues.
Value DeFi offers a complete solution on both ETH and BSC networks, bringing fairness, true value, and innovation to decentralized finance through a set of high-performing products and services. Basically, Value DeFi operates on four core values:
- Increasing yield farming accessibility.
- Protecting community’s funds through the integration of an insurance treasury.
- Providing on-chain voting for governance.
- Rewarding stakeholders with flexible, optimized, and profitable pool strategies.
With these four core values, Value DeFi is committed to driving the mass adoption of the DeFi mechanism by creating a platform with easy-to-use services that allow stakeholders to earn rewards and grow their digital assets with ease.
Value DeFi’s Missions
- Accessibility: With intuitive user interface and detailed instructions, Value DeFi’s services are designed with accessibility and user experience in mind.
- Governance: VALUE enables access to a sleeker and more effective on-chain voting model that allows free votings that are publicly verified by VALUE holders. Also, the governance model incentivizes VALUE holders with vETH and vUSD to cover gas costs.
- Profitability: Value DeFi utilizes flexible and optimized vault strategies that support tokens/coins with small caps. Additionally, Value DeFi hasan optimized aggregator that ensures the best price/liquidity for trading VALUE. All profit from the aggregator will be distributed to VALUE Holders.
- Insurance: VALUE Protects community funds by integrating an insurance protocol to further mitigate risks on behalf of all VALUE stakeholders.
Value DeFi flagship Products
Here are the major products of the Value DeFi platform.
- vPegSwap: This is an automated market maker for stable coins that can either be backed or not in a Seigniorage form.
- vFarms (FaaS): A unique service of Value DeFi is vFarm (Farms-as-a-Service) which further simplifies the procedures in creating blockchain projects. Users are relieved of the burden of depositing upfront payments or forking before they can invest in the liquidity pool. vFarms are created and presented to a large community who can then proceed to pledge for the token. This is in line with Value DeFi’s goal of fairness and accessibility for all. Creating a vFarm on the platform is free for all. The vFarm feature also allows users to be issued predefined tokens at each block.
- vSwap: This functions as a decentralized exchange that incorporates smart routing while enabling members to customize pools of tokens with dynamic exchange ratios and swap charges. Traders can therefore exchange assets through vSwap and enjoy huge returns on investment on their staked funds. Furthermore, vSwap also allows users to make profits by facilitating exchanges and earning VLP tokens in return.
- vSafe: This is another automated feature that incorporates unique tactics in increasing the interest of assets and reinvesting them. This is the reason why you could see “infinity” APY’s for some vSafes.
- vTokens: vTokens can be pegged to other tokens in a decentralized way even if they are created on different chains such as Binance, Ethereum, or Polkadot.
- vGovernance: This service allows stakeholders who pledge $VALUE (the governance token) to make important decisions. Users who have made stakes benefit from the 14% gains from vSafe and 35% of the swap charges from vSwap, while they can trade the gains from the deposited asset to create more value.
It can be seen that the Value DeFi ecosystem is revolutionizing the blockchain industry by providing innovative, unique, and secure solutions to the crowded DeFi space. With their practical services, ambitious visions, and hard-working team, Value DeFi will indeed establish standards that the DeFi community can stand behind.