From defi aggregator to cross chain finance Blubber Dao is ready!
| Ben Thompson, a famous technology blogger, once put forward the “aggregator theory” to explain the basic logic of the prosperity of Internet giants. Now aggregators are emerging in the field of defi. The creation of defi aggregator has become the core competitiveness of blockchain projects. Blubber Dao, as the dark horse of Dao + defi track, has included the creation of defi aggregator in the future ecological planning, and everything is ready to go!
1、 What is a defi aggregator
Aggregators are companies like Google or Facebook that mediate between third parties and users. It’s a bit simplistic, but Facebook and Google have a lot of user information and use it to make companies spend a lot of advertising money on them. In many cases, media companies or travel companies don’t have customer relationships, and they have to pay Google and Facebook to publish.
If you’re planning a trip to Tokyo, you might start searching on Google instead of on Expedia. As a result, Expedia spent $6.03 billion on “sales and marketing” in 2019, mainly on Google Advertising.
So what is a defi aggregator?
At present, due to the relatively lack of liquidity of products in the field of defi and the relatively high entry threshold, aggregators can play a huge role in the field of defi. For
users, the cost of participating in the first use of defi is very high. Even for those who have been engaged in the cryptocurrency industry for a long time, these platforms are difficult to use. Which lending platform can bring the highest income? Which DEX can provide the minimum sliding point? Which stable currency has the best long-term security? For investors who have invested real money in defi, they especially need answers to these questions.
The defi aggregator plays the role of putting lending next to trading opportunities. In reality, this means that market makers borrow on one platform and then lend in another. The advantage of it is that it helps to let more audiences access to the defi. Users don’t need to care about those trivial details, which can introduce new users to the defi. That’s why there’s a defi aggregator. They provide the best functionality of the entire defi ecosystem, reducing the burden of users looking for the right platform.
At present, the aggregator products have become an indispensable part of the defi ecosystem, and the defi aggregator is providing many useful services for the market. The development of defi industry towards convergence has become a future trend, which plays a very important role in the capital flow of the whole defi ecosystem.
As a dormant decentralized financial activity governance platform integrating Dao and defi in 2018, blubber Dao will enter into the defi market with the entry of financing and lending. In the future, it will introduce defi aggregator into the ecology, including but not limited to liquidity mining, income aggregator, transaction aggregation, financial enhanced insurance, one click aggregation lending, etc. Blubber Dao thinks that the meaning of aggregation is to lower the threshold of users. Blubber aggregator can bring together high-quality DeFi applications for users. To put it more simply, the aggregator is the entrance to the future world of DeFi. It is as important for users to participate in defi as exchange is for digital currency trading and wallet is for digital currency storage.
2、 Value capture of blubber Dao — defi aggregator
Compared with self-capturing value, blubber Dao’s defi protocol will give liquidity providers more value. Unlike enterprises, the protocol is usually designed to coordinate the supply side and demand side of the network, which means that most of the value created by the defi protocol will flow to the liquidity providers, who will basically fund the protocol and use the aggregator to manage the funds. Blubber Dao aggregator represents users’ associated funds, so it will provide users with considerable return opportunities.
The defi aggregator in blubber Dao’s future ecology will play a decisive role in the allocation of funds in the defi industry. Because the defi agreement itself is very interested in holding governance tokens, it can affect the direction of capital flow. In extreme cases, these capital flows may be different (basically between zero and abundant capital flows), and the defi agreement may be willing to pay for the funds that the community thinks they are worth, which will also attract other capital inflows. From this perspective, the market needs to have a product that can assess how much additional value defi can provide, which may attract more additional capital into the agreement.
3、 Blubber Dao multi layout to open up ecological closed loop
Defi derivatives
Decentralized derivatives means that both sides of the transaction rely on the smart contract, without a trusted third party, they can write the underlying assets, bullish or short selling, price and other factors into the smart contract. The contract will automatically trigger execution according to the market situation, reducing the intermediate transaction cost and the possibility of malicious manipulation by the third party. Blubber Dao related defi derivatives will have the advantages of anti-censorship, settlement on the chain and easy to use.
Defi insurance
Blubber will create an insurance service with “Insured vaults”, “Insured vaults” and “claim governance” as its core components on top of the defi agreement. The system is designed to allow the insurance of any asset with original financial elements, whether it is an underlying asset (e.g. BD) or a composite asset. LP will get start-up fee and weekly fee, but they are also responsible for claim management. There is no minimum quorum in this basic system, so LP should take the initiative to manage claims. If LP refuses to settle the claim effectively, the insured will only move out the fund, making LP unprofitable and adjusting the incentive.
Elastic stability
The flexible stable currency developed by blubber Dao will not anchor any assets such as legal currency, but will stabilize the price through additional issuance or destruction. The obvious advantage of this setting is that the depreciation of any country’s legal currency will not directly affect the security of the encryption market. Blubber will learn from the design of base-coin and combine the experience of liquidity mining and elastic stable currency to form a relatively perfect “currency” regulation mechanism based on the change of market supply and demand.
Fund trusteeship
The security of cryptocurrency assets is one of the most important factors in the blockchain industry. Many blockchain companies have failed because of poor security procedures. Blubber Dao will combine unmanaged and managed wallet solutions to protect key resources by taking simple preventive measures. Most security vulnerabilities can be avoided, and the specific way depends on the specific service.
In addition, blubber Dao will make a comprehensive layout in cross chain payment, options and other cross chain financial directions!
Conclusion:
Blubber Dao ecosystem is a flexible and complex network that interweaves all stakeholders and systems. Blubber Dao network is composed of important stakeholders, such as nodes and third-party service providers who protect and maintain blubber Dao ecosystem. They will work with BD holders to supervise and regulate the policies and parameters of management network. With the creation of the future defi aggregator and the expansion of other ecology, blubber Dao will become the most dazzling star in the track.
