Decentralized Finance (DeFi) 1.0 has been dominated by liquidity pools, mostly composed of a single pair of tokens. As the ecosystem and technology have evolved, the inherent downsides of liquidity pools have become a burden for DeFi users. The idea of token pairs being used as a liquidity pool needed a major overhaul.
To enable mainstream adoption and truly catalyze the manifestation of DeFi 2.0, a paradigm shift is inevitable. Liquidity pools need to be technologically improved or even reinvented while providing maximum user convenience.
Liquidity portfolios are the fuel for an ecosystem ready to take off. By restructuring the core of liquidity pools and introducing liquidity portfolios, Blueshift has managed to realize numerous improvements that were missing in the old world of DeFi 1.0. Dozens of cryptocurrencies can be included in liquidity portfolios, while users can only provide a single token as liquidity.
Additionally, crypto users can now also purchase any or all of the assets present in a liquidity portfolio.
By providing a single type of cryptocurrency for liquidity portfolios, crypto users can now receive fees from liquidity providers without being weighed down by significant transient losses.
At the moment, Blueshift Decentralized Applications (DApp) users can leverage a DeFi Index, Multichain, Metaverse or Occam liquidity portfolio.
Readers can learn more about liquidity portfolios here.
Occam Liquidity Portfolio
Occam’s liquidity portfolio is a showcase of how Blueshift is capturing a niche, cutting-edge segment of the crypto market. It contains four tokens: Occam.Fi (OCC), CWallet (CW), DeFire (CWAP) and Milkomedia Cardano (milkADA).
Occam.Fi
Occam.Fi is a relatively young but thriving ecosystem, creating new teams with cutting-edge technology, launching tokens and deploying its own innovative crypto developments. So far, the Occam.Fi team has deployed a decentralized exchange (DEX), a launchpad for an initial DEX offering (*IDO), an incubator, and more.
CWallet
CWallet is a handy mobile wallet DApp that, among other things, allows a user to send and receive Cardano (ADA) or Cardano Nonfungible Tokens (NFTs) via a mobile phone. Other chains are available such as Ethereum, BNB Smart Chain and the Bitcoin blockchain.
DeFire
Once DeFire is fully deployed, DeFi on Cardano will be changed forever. The first Cardano DEX aggregator will offer crypto users the best trading prices aggregated from across the Cardano chain.
Milkomeda Cardano (MilkADA)
Milkomedia Cardano (milkADA) is not an Occam.Fi related asset as it is the packaged form of ADA. The packaging is done by decentralized technology developed and maintained by the Milkomeda team. Its value is intended to reflect and be intrinsically linked to ADA.
Occam partnership
Blueshift, backed by Shima Capital and others and incubated by Occam.Fi, will push the boundaries of DeFi 2.0.
The Occam.Fi incubation provides resources, networking and consulting services that have proven very useful to the Blueshift team.
However, the Occam.Fi-Blueshift relationship is much deeper than an incubation arrangement.
Occam.Fi and Blueshift intend to jointly develop and deploy technology to maximize the potential of Cardano and leverage the opportunities offered by the unique eUTXO technology.
Even when Occam.Fi and Blueshift are developing competing products on a chain like Cardano, collaboration between competing teams can be beneficial.
New liquidity portfolios and upcoming developments
Currently, users can leverage a DeFi Index, Multichain, Metaverse, or Occam liquidity portfolio. However, more tokens and portfolios will be added in the near future.
In the coming days, the Blueshift team will add more liquidity portfolios tied to specific trends, industries or blockchain niche markets. The liquidity portfolios coming to Blueshift can be categorized as follows:
- Indices such as top 10 ecosystem or metaverse tokens
- Sectors such as gaming, football, music or education
- Organizations that have brand portfolios with bundled tokens
- Technologies such as oracles, smart contracts, augmented and virtual reality and NFTs
- Special tokens such as Newcomer or Rising Stars.
The Blueshift team will continue to add new tokens to existing portfolios. After the foundation stone has been laid, there will still be some changes in the portfolios before the decentralized autonomous organization goes online in the third quarter of this year.
Other upcoming milestones include additional market listings for Blueshift (BLUES) and the integration of the Arbitrum chain.
After BLUES posted incredible post-IDO price development on Mexc, there is no doubt that these events have kept many community members in suspense.
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