Trending now

Building for Tomorrow: Anand Lalaji Calls for…

Switching from Peachtree to QuickBooks can simplify…

QuickBooks Passwords and Password Recovery: Ensuring Account…

ImFact Declares Connection of 6.8 Billion Devices…

More Than Movement: Rachelle Clingo Walker Smithfield…

Deipno® Tea and Spice Blends Expands Spice…

Drug-Free Tennessee Helps Youth in Ripley Tackle…

THAIFEX – ANUGA ASIA 2025 Opens with…

BLOOD and GOLD: A Wake-Up Call Wrapped…

Tearline’s ChatPilot Surpasses 2.5M Interactions — The…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

DeFi Pool Share Launches to Facilitate Lending/Borrowing Of Liquidity Positions

by Binary News NetworkMay 29, 20230241

Tortola, British Virgin Islands, 29th May 2023, ZEX PR WIRE, DeFi Pool Share, a new protocol built on the Ethereum network, has launched to provide liquidity providers with predictable returns and borrowers with access to generated fees on the liquidity pool.

Introducing DeFi Pool Share:

DeFi Pool Share, a platform that allows anyone to lend and borrow Uniswap V3 liquidity position, has launched today. The platform provides a number of benefits to both lenders and borrowers, including predictable and consistent returns, mitigated risks, and instant access to the claim fees function.

For lenders, DeFi Pool Share offers a way to earn a predictable and consistent return on their Uniswap V3 liquidity by lending it to borrowers. By locking their liquidity for a specified period of time, lenders can also mitigate the risk of impermanent loss that comes with providing liquidity to Uniswap V3 pools.

For borrowers, DeFi Pool Share offers a way to gain instant access to the claim fees function on provided liquidity on Uniswap V3 pools by just paying a small fraction (rent) of the entire liquidity provided. They can also potentially borrow at a lower cost as the lending fee is based on the estimated fees that the pool within the loan duration will generate. Furthermore, borrowers will be able to negotiate the terms of their loans, providing them with greater flexibility.

The protocol is already live on Goerli testnet, so you can try and play around already: https://defipoolshare.io/app/pools/

How to Get Started?

Getting started with DeFi Pool Share is simple and straightforward. Here’s how you can begin your journey:

1️. Obtain an LP NFT: First, you need to acquire an LP (Liquidity Provider) NFT from Uniswap V3. This NFT represents your ownership of a liquidity pool on Uniswap.

2️. Connect your Wallet: Connect your crypto wallet to the DeFi Pool Share platform. This ensures a secure and seamless experience throughout the lending and borrowing process.

3️. Start Lending: Once your wallet is connected, you can start lending your LP NFT to interested borrowers. By doing so, you earn predictable returns in the form of fees generated by the specific pool positions.

4️. Access Borrowing Opportunities: As a borrower, you can explore the available liquidity pools and select the ones that align with your strategies or market predictions. By accessing these pools, you can maximize your potential returns.

About DeFi Pool Share

DeFi Pool Share is a lending and borrowing protocol built on the Ethereum network. It allows liquidity providers to lend their Uniswap V3 Position NFTs to borrowers in exchange for a lending fee based on the estimated fees generated by the pool for the loan duration. DeFi Pool Share also provides a number of benefits to both lenders and borrowers, including predictable returns, reduced risk, and greater flexibility.

 Some of the key features of DeFi Pool Share:

  • Predictable returns

Lenders on DeFi Pool Share can earn predictable returns on their positions by lending their Uniswap V3 Pool Position NFTs to borrowers. The lending fee is based on the estimated fees generated by the pool for the loan duration, so lenders know exactly how much they will earn before they lend their positions.

  • Reduced risk

By locking their LP NFTs for a specified period of time, lenders on DeFi Pool Share can reduce the risk of impermanent loss. Impermanent loss is a risk that comes with providing liquidity to Uniswap V3 pools, and it can occur when the prices of the tokens in the pool move against each other. By locking their LP NFTs, lenders can reduce the risk of impermanent loss by preventing the prices of the tokens in the pool from moving too much.

  • Greater flexibility

Borrowers on DeFi Pool Share have greater flexibility than borrowers on other lending platforms. Borrowers on DeFi Pool Share can negotiate the terms of their loans, including the lending fee and the duration of the loan. This gives borrowers more control over their finances and allows them to get the best possible deal on their loans.

DeFi Pool Share is a new and innovative protocol that has the potential to transform the way liquidity is provided and borrowed in DeFi. By providing a safe and efficient way for lenders to earn predictable returns and borrowers to access fees, DeFi Pool Share is helping to make DeFi more accessible and inclusive for everyone.

Stay updated on socials

Twitter: https://twitter.com/DefiPoolShare

Discord: discord.gg/7BWedF7Msx

Tg: https://t.me/defipoolshare 

For additional information and business inquiries, please contact: https://defipoolshare.io/

The Post DeFi Pool Share Launches to Facilitate Lending/Borrowing Of Liquidity Positions first appeared on ZEX PR Wire



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
The Remarkable market size and growth of AI in the supply chain
next post
SAWA Closes First Private Sale Round, Poised for Public Presale Launch
Binary News Network

Related posts

RideBoom India Reach Another Milestone By Adding a Taxi Service In Delhi NCR

Binary News NetworkFebruary 13, 2022

RIGHTINT Digital – The Evolution of Digital Label Printing

Binary News NetworkJune 13, 2024

Pixbim Helps Remove Any Type of Watermark from Videos with Its Useful Video Watermark Remover Software

Binary News NetworkAugust 28, 2022

Recent Posts

  • Building for Tomorrow: Anand Lalaji Calls for Leadership That Lasts
  • Switching from Peachtree to QuickBooks can simplify accounting, increase accessibility, and support future growth
  • QuickBooks Passwords and Password Recovery: Ensuring Account Security and Access
  • ImFact Declares Connection of 6.8 Billion Devices via On-Device and Personal Blockchain
  • More Than Movement: Rachelle Clingo Walker Smithfield Shares Her Insights on How to Tell a Story Through Dance

Popular posts

CatBoy Token Now Available on PancakeSwap – Announces...

Binary News NetworkMarch 20, 2022
March 20, 2022

Turkey Visa Requirement For Philippines Citizens

Binary News NetworkFebruary 25, 2024
February 25, 2024

API3 is introducing Managed dAPIs: Building Trust through...

Binary News NetworkJune 6, 2023
June 6, 2023

Joe DeGenova Leads Big D Print and Logistics...

Binary News NetworkFebruary 5, 2025
February 5, 2025

The Mammoth Foundation Expands The Global Presence Of...

Binary News NetworkMay 20, 2023
May 20, 2023

All Year Cooling Offers Energy Saving Tips For...

Binary News NetworkJuly 10, 2023
July 10, 2023
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact