[1/14] @DeltaPrimeDefi 's innovative design enables users to borrow up to 5x their collateral, unlocking:. Increased liquidity.
20 Dec 2023, 16:15
[1/14] @DeltaPrimeDefi 's innovative design enables users to borrow up to 5x their collateral, unlocking:
๐ Increased liquidity
๐ Customized DeFi strategies
๐ Optimized security
Breaking down DeltaPrime's approach to providing a unified gateway to the DeFi ecosystem ๐งต
Same news in other sources
9AvalaunchXAVA #3362
20 Dec 2023, 16:15
[14/14] DeltaPrime is paving the way for a stronger, interconnected DeFi ecosystem, open to all risk profiles.
By adding safeguarding layers, DeltaPrime is setting industry standards with its security-focused approach.
๐ Follow @DeltaPrimeDefi for all the latest news!
[14/14] DeltaPrime is paving the way for a stronger, interconnected DeFi ecosystem, open to all risk profiles.
[14/14] DeltaPrime is paving the way for a stronger, interconnected DeFi ecosystem, open to all risk profiles.
By adding safeguarding layers, DeltaPrime is setting industry standards with its security-focused approach.
๐ Follow @DeltaPrimeDefi for all the latest news!
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[13/14] In addition to @redstone_defi 's oracles, DeltaPrime has partnered with 3rd party security protocols for added protection:
@hexagate_ - Monitors for potential exploits
@chainalysis - Retrieval of stolen funds if an exploit were to occur
@atomica_org - Protocol insurance
[13/14] In addition to @redstone_defi 's oracles, DeltaPrime has partnered with 3rd party security protocols for added protectio
[13/14] In addition to @redstone_defi 's oracles, DeltaPrime has partnered with 3rd party security protocols for added protection:
@hexagate_ - Monitors for potential exploits
@chainalysis - Retrieval of stolen funds if an exploit were to occur
@atomica_org - Protocol insurance
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[11/14] Because funds are sent to a DSC, Prime Accounts have the ability to liquidate funds regardless of the protocols they are in.
Protocol Gatekeeping:
๐ก๏ธ To reduce risk, Prime Account users can only deploy their funds to whitelisted, battle-tested protocols.
[11/14] Because funds are sent to a DSC, Prime Accounts have the ability to liquidate funds regardless of the protocols they are
[11/14] Because funds are sent to a DSC, Prime Accounts have the ability to liquidate funds regardless of the protocols they are in.
Protocol Gatekeeping:
๐ก๏ธ To reduce risk, Prime Account users can only deploy their funds to whitelisted, battle-tested protocols.
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[10/14] Liquidation Approach:
๐ค To protect depositors & maintain stability, liquidation bots perform liquidations on Prime Accounts with a health factor of 0% or less.
๐ค Accounts up to 25% health undergo partial liquidation, allowing borrowers to repay during price spikes.
[10/14] Liquidation Approach:.
[10/14] Liquidation Approach:
๐ค To protect depositors & maintain stability, liquidation bots perform liquidations on Prime Accounts with a health factor of 0% or less.
๐ค Accounts up to 25% health undergo partial liquidation, allowing borrowers to repay during price spikes.
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[6/14] Each Prime Account is separate by design, enabling:
โ
Trustless lending & borrowing - your funds can never be used by a centralized party.
โ
Protection from exploits - makes it much harder for attackers to access the funds within DeltaPrime.
[6/14] Each Prime Account is separate by design, enabling:.
[6/14] Each Prime Account is separate by design, enabling:
โ
Trustless lending & borrowing - your funds can never be used by a centralized party.
โ
Protection from exploits - makes it much harder for attackers to access the funds within DeltaPrime.
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[5/14] Benefits of your DSC:
๐ As the sole owner, you have full custody of your collateral & borrowed assets.
๐ Cross margin - to allow for enhanced risk management, your portfolio's health factor is calculated across your combined DeFi strategies.
[5/14] Benefits of your DSC:. As the sole owner, you have full custody of your collateral & borrowed assets.
[5/14] Benefits of your DSC:
๐ As the sole owner, you have full custody of your collateral & borrowed assets.
๐ Cross margin - to allow for enhanced risk management, your portfolio's health factor is calculated across your combined DeFi strategies.
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[4/14] When a user opens a Prime Account, a dedicated smart contract (DSC) is created:
โผ Similar to a margin account, your collateral & borrowed funds are sent to your DSC.
โผ Your Prime Account acts as a central hub for accessing a variety of whitelisted DeFi protocols.
[4/14] When a user opens a Prime Account, a dedicated smart contract (DSC) is created:.
[4/14] When a user opens a Prime Account, a dedicated smart contract (DSC) is created:
โผ Similar to a margin account, your collateral & borrowed funds are sent to your DSC.
โผ Your Prime Account acts as a central hub for accessing a variety of whitelisted DeFi protocols.
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[3/14] By opening a Prime Account, users can access undercollateralized loans to be used in integrated DeFi protocols.
DeltaPrime has put a strong focus on built-in security features to ensure that users can safely design custom strategies utilizing blue-chip protocols ๐
[3/14] By opening a Prime Account, users can access undercollateralized loans to be used in integrated DeFi protocols.
[3/14] By opening a Prime Account, users can access undercollateralized loans to be used in integrated DeFi protocols.
DeltaPrime has put a strong focus on built-in security features to ensure that users can safely design custom strategies utilizing blue-chip protocols ๐
AvalaunchXAVA #3362
20 Dec 2023, 16:15
[2/14] Traditional DeFi protocols requires users to lock up large amounts of capital to ensure their loan can be repaid, resulting in:
โ ๏ธ Trapped liquidity
โ ๏ธ Unattractive rates for lenders
โ ๏ธ Expensive rates for borrowers
[2/14] Traditional DeFi protocols requires users to lock up large amounts of capital to ensure their loan can be repaid, resulti
[2/14] Traditional DeFi protocols requires users to lock up large amounts of capital to ensure their loan can be repaid, resulting in:
โ ๏ธ Trapped liquidity
โ ๏ธ Unattractive rates for lenders
โ ๏ธ Expensive rates for borrowers