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What is Platypus?

One of the major obstacles encountered during the early development of stableswap's closed liquidity pools is the fragmentation of liquidity, which hinders various pools from effectively sharing their liquidity and leads to heightened slippage for users. Furthermore, traditional stableswap models often require the integration of multiple tokens of similar value within a pool, thereby complicating the pool's structure by mandating the combination of liquidity provider (LP) tokens with a range of new tokens. This added complexity significantly restricts the scalability of the system and adversely affects the user experience. To address these challenges, Platypus has launched a groundbreaking automated market maker (AMM) on the Avalanche network that offers an open liquidity, single-sided AMM capable of autonomously managing risk based on the coverage ratio, thereby optimizing capital efficiency. At the core of Platypus's innovative framework is the concept of asset liability management (ALM), distinguishing it as the first platform to employ a single-variant slippage function instead of traditional invariant curves. In addition to enhancing capital efficiency, Platypus's open liquidity pool drastically lowers slippage rates compared to standard stableswaps, resulting in a more efficient and user-friendly trading experience. This advancement not only marks a significant milestone in decentralized finance solutions but also elevates Platypus's status as a frontrunner in the industry's ongoing evolution. Ultimately, the unique approach taken by Platypus may inspire further innovation in the field.

What is Minterest?

Minterest is a groundbreaking decentralized lending platform aimed at capturing and redistributing value among its users, with the intent of delivering exceptional long-term returns within the decentralized finance sector. By employing its unique on-chain liquidation and buyback mechanisms, Minterest effectively channels the value generated from interest rates, flash loans, and liquidation fees straight to its users. This distribution of value is enabled through MINTY tokens, which the protocol consistently acquires in the market, ensuring that users enjoy improved annual percentage yields. Moreover, Minterest incorporates a sophisticated risk prediction engine that aids borrowers in protecting their assets by providing real-time alerts, thus allowing for efficient management of potential losses. The protocol has undergone extensive security audits from reputable firms, underscoring its commitment to providing a secure and reliable platform. With a focus on strong blockchain software development methodologies, Minterest skillfully blends intelligent, user-friendly design with carefully managed tokenomics, creating a compelling proposition that appeals to its community. Furthermore, Minterest's dedication to enhancing user experience is matched by its continuous drive for innovation within the decentralized finance space. This relentless pursuit of improvement not only benefits its users but also contributes to the overall evolution of the decentralized finance ecosystem.

Media

Media

Integrations Supported

Avalanche
Avalaunch
Coinbase Wallet
Core
Degis
Echidna Finance
Ethereum
Mantle
MetaMask
PostgresML
Taiko
Telegram
WalletConnect
XDEFI Wallet
Yield Yak

Integrations Supported

Avalanche
Avalaunch
Coinbase Wallet
Core
Degis
Echidna Finance
Ethereum
Mantle
MetaMask
PostgresML
Taiko
Telegram
WalletConnect
XDEFI Wallet
Yield Yak

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Platypus

Company Location

United States

Company Website

platypus.finance/

Company Facts

Organization Name

Minterest

Date Founded

2020

Company Website

minterest.com

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