A look into keepers and liquidations

Decentralization of finance is primarily associated with the ability to use smart contracts on blockchains. However, smart contracts by themselves are not capable of supporting protocols’ operation. They do not have access to information from the outside world and also, at least on Ethereum, cannot initiate transactions. For these reasons, DeFi needs keepers who will […]
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Mar 15, 2021, 10:28AM UTC

An Overview of Perpetual Swaps in DeFi

The original purpose of a futures contract was to stabilize cash flows for commodity producers by allowing them to lock in a sale price for goods not yet produced. Speculators in the market improve liquidity but are faced with the issue of having to roll contracts over before expiration. BitMEX solved this problem with the […]
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Mar 2, 2021, 10:28AM UTC

Flash loans as a capital boost tool

Along with the launch of the first DeFi protocols, on-chain arbitrage opportunities began to emerge. The number of such opportunities only increased due to the poor UX of first DEXs and high market volatility, when traders did not have time to cancel limit orders. Flash Boys 2.0 authors researched on-chain arbitrage in detail and concluded […]
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Feb 5, 2021, 10:32AM UTC