Multiple Protocol Weekly Report
This issue covers the week of June 20 — June 24
Dear Multiple Users,
We are excited about what holds the future of DeFi with Multiple as suite of Tools of Liquidity Providers. As we grow there will be more partnerships, collaborations, amazing Utility and Liquidity for users in whole of DeFi space.
Multiple Protocol is all decked up to bring lots of action in the coming months! Our community can definitely look forward to what we have in store for them as we continue to storm towards our ultimate goal — to become the Next Generation DeFi Protocol!
So, without further ado, let’s delve deep into this weekly report.Social Updates
Social Updates
💹 Proof of Profitability 💹 A 🧵
Multiple Protocol — Designed this unique signature consensus algorithm to make #DeFi transparent, rewarding and easier for investors who wish to invest but can’t manage their portfolios time to time due to
⏰ Lack of Time
💰 Lack of Knowledge
🧵 2
These Investors in the Multiple Ecosystem are known as Liquidity Providers or LP.
On the other hand there are partners who are expert in the matter of DeFi Liquidity Portfolio Management on various DeFi Protocols who have on chain background of huge profit taking in fees.
🧵3
These partners in the Multiple Ecosystem are the ones doing the actual work of managing the liquidity portfolios are known as General Partners or GP.
In DeFi AMM and with the #UniswapV3 it has been now possible to mitigate the losses and generate passive income for …
🧵4
providing liquidity and earn liquidity fees from the transactions.
In Proof of Profitability GPs are provided with #NFT work permit based on past performance and capital allocation based on profit ranking and scoring to earn commissions and LPs earn major portion of the fees.
- Multiple Insights
Do you know? The “Third Generation Cryptocurrency” or “Third Generation Blockchain” aims to solve the issues facing the 1st two generations, which are considered to be #Bitcoin
, the original crypto, and #Ethereum, the first crypto to offer smart contracts and decentralized apps.
Multiple Mainnet Public Version is completely open to all users. After users use Multiple Public to connect their wallets, they can check all the position information of the corresponding account in UniswapV3. Multiple is compatible with all existing UniwapV3 position data, and displays it with a more clear and suitable data structure, and thus users can view the profit and loss performance of the positions more intuitively. Multiple provides more professional data support and more freindly UX design. It is useful for users to manage the range liquidity in more convenient and efficient way.
Check Out complete article — https://mulfinanceinfo.medium.com/multiple-public-mainnet-is-live-ad47856ea7d3
Certik Audit
Yet again we have passed the critical CertiK Tech security beta test. A comprehensive examination has been performed, utilizing Static Analysis and Manual Review techniques. https://certik.com/projects/multiple
Earnings by Uniswap users in 2022 Q1 on Multiple
Multiple Protocol Mainnet has crossed $343k in earnings for the customers’ wiz GP & LPs.
Visit — https://app.multiple.fi/#/vault
• Multiple Protocol is defining evolution of DeFi 1.0 to DeFi 2.0 with a more connected community of investors and market makers in a secure and rewarding environment.
💪 DeFi 2.0 + Uniswap V3 Active Liquidity Management = Multiple Protocol
🔥 Multiple Mainnet Beta 🔥
Web3.0 to witness the beginning of DeFi 2.0 with Multiple Protocol Beta Launch.
A simple yet robust dashboard for Active Liquidity Management & Market Making strategies on Uniswap awaits you!
• Multiple Protocol is Decentralizing Money Market Funds.
Check out our latest article in Bitcoinist
https://bitcoinist.com/multiple-protocol-is-decentralizing-money-market-funds/)
• GP’s in Multiple Protocol are the strong pillars of Market Making on Proof of Profitability Consensus Algorithm. A unique proprietary proposition rewarding the best strategies with Liquid Funds of Liquidity Provider on Uniswap v3.
✅ Join as GP https://forms.gle/bpqvim9wB8MssQEt5
Tech Updates:
New trade settings, created to support user switching options, and to remember the user’s last option after switching:
• Move into the position corresponding to the description icon to display the functional description.
• New positions provide Lite and Pro versions for users to choose from, the Pro professional version is selected by default.
• Lite Version provides an interface for adding liquidity parameter settings is available.
New Pair price information, data source: Uniswap (all data refreshed in real-time, refresh once in every 15s)
Adding liquidity confirmation information
Second pop-up window to confirm adding liquidity information
Price Range: The price range
Ticks Number: Number of ticks covered by the price range
Smart Contract
We have done some gas optimization, refactoring, reducing complexity, and increasing test coverage of smart contracts. While the current version continues to test internally, we are planning to iterate related product documentation for smart contracts.
About Multiple Protocol
Multiple Protocol is a Decentralized Finance (DeFi) protocol based on Ethereum that allows expert traders (GP) to provide professional AMM liquidity strategies, which in turn ensures users (LP) securely benefit from the best yielding products.
Multiple Protocol — The Next Generation DeFi Protocol
Visit — https://app.multiple.fi/
Twitter: https://twitter.com/FinanceMul
Telegram: https://t.me/multiple_official
Medium: https://mulfinanceinfo.medium.com/
Discord：https://discord.gg/4fQXr35NKS
