Ek Year Ka Recap

Struct Finance India
Struct Finance
Published in
7 min readDec 30, 2023

Saal ke ant ke is recap ke liye, humne apni story ke bare mein aur adhik jaankari sajha karne par dhyan kendrit karne ka nirnay liya hai, humari shuruat se lekar bazar mein sabse toughest periods mein se ek ke dauraan humare product ke nirman ki prakriya tak.

2023 mein history ke books mein crypto ke sabse longest bear market ke ant aur us saal ke roop mein darj hoga jab Struct Finance born hua tha.

Hum saal ke ant ka labh uthaye hue apne ab tak kee story par vichar karte hain, Struct kee conception par interesting insights saajha karte hain, saal ke liye humare major milestones, aur humne is path par kae challenges ko kaise par kiya hai.

Aage ke halchal ke bina.

Yaha Struct ek saal kaisa dikta hai.

Humble Beginnings

Struct Finance serendipity aur shared dreams ke roop mein ubharta hai.

Iske shuruaat teen visionaries logo ke VC accelerator se hee, jinhone apni khud ki DeFi protocol banane ka vision saajha kiya. Ek online conversation ke roop mein shuru hui baat cheet antatah blockchain technology kee transformative power mein saanjh vishwas aur DeFi space mein innovation karne ke mutual ambition se prerit ek deep partnership mein badal gaye.

Humare journey ne ek significant leap ke jab humne Wintermute aur Chainlink se do virtual hackathons mein bhag liya. In challenges ke dauraan hum truly decentralized spirit se duniya ke vibhin kono se aane wale other core team members se mile.

Dedication aur synergy in hackathons mein 3rd aur 4th place ke roop mein phal lekar aaya. Ye na keval self-standing achievements theen balki hum jo nirmaan kar rahe the usa kee shamata ke bare mein hume avashyak vishwas dilaye.

Hackathons se mile gati ne team ko ek successful fundraising round mein prerit kiya. Yeh milestone Barcelona mein AVAX conference mein culminate hua, jaha pahale baar, humari team ke members personally roop se mile aur hum apne successful fundraising wale round ka celebration manane mein saksham hue.

Ek Bear Market Ke Madham Se Nirman

Iske baad bazaar mein crashes — Luna, 3AC, aur FTX — ne crypto world ko knees par la diya.

Fir bhi, 2023 Struct ke liye significant development ka saal hai.

Bear market mein girawat ke bech, June mein hamara mainnet launch ek obvious highlight tha.

Bear market se nipatna koe aasaan upalabdhi nahi hai.

Uncertain market conditions ne humare product ke vikas ke liye unprecedented challenges pesh ke, jismein investors ka vishvaas ab tak ke sabse nichale star par tha.

Unfavorable market conditions ke bawajood, humare team ne DeFi users ke liye nae upyog ke cases ko unlock karne ke best way ke roop mein humare product development par dhyan kendrit karte hue displayed remarkable resilience kiya hai.

Finally, Q2 2023 mein, Struct Finance ne apna pahla GLP-based USDC-USDC vaults launch kiya.

Vaults record time ke bhetar bhar gayi thi, aur humare users ke response spasht the: DeFi products kee strong need hai jo users ke individual risk au reward preferences ko pora karte hain.

DeFi investors ke landscape aur sophistication ke badhte complexity ko dekhte hue, ek one-size ke liye fits approach ab valid nahi hain.

keval 6 week baad humne apna BTC.B vaults launch kiya, jo Avalanche par $150m se adhik BTC.B par avenue unlock karne ka avsar pradan karta hain.

Yeh ek samay par timely addition hue, kyuki Bitcoin kee keemat $30k reclaimed prapt ho gaye, jisse humare Variable Tranche ka returns 200% tak badh gaya.

Teji se badalte landscape mein, Struct Finance ne vaults kee ek series develop karna jare rakha hai jo vibhinn market conditions mein alag-alag pradarshan karte hai.

Yaha humare vaults par kuch aggregate data diya gaya hain:

Saal bhar mein, humne 9 bazaro mein 58 se adhik vaults launch kiye, jinhe is prakar divide kiya gaya hai:

BTCB_BTCB: 19

USDC_USDC: 22

BTCB_USDC: 13

BTCB_WETH: 4

Struct manage ne TVL mein $2.6m Total Value Locked (TVL) haasil kiya, jo USD mein $3.32m se adhik ke all-time high ke sath, Avax mein top 15 DeFi protocols tak pahunch gaya aur protocols kee robustness ka pradarshan kiya.

Is period ko learning, innovation, aur ek aisa platform banane ki nirantar khoj dwara chihnit kiya gaya tha jo crypto markets kee dynamics aur flows ka samana kar sake.

Choonki humara primary objective DeFi ke bheetar fixed yields kee shuruaat karna tha, hume yeh saajha karte hue bhi garv ho raha hai ki 2023 mein humare sabhi vaults ne humare vaults ke fixed side par 8–9% APR ke bech users kee guarantee dee hain, jo ye bata sakta hai ki slight majority kyu hai adhikansh users unhe adhik risk bhare variable side ke liye pasand karte hain.

Isse returns kee offer karne ke liye in tools ka labh uthane kee humare initial hypothesis kee bhe confirme hue hai jo aajkal adhikaansh desho mein chal rahe inflation ko kam se kam partially offset kam kar dege.

Is dauran, Struct Finance ne un products ko refine karna jaari rakha hai jo humare GLP vaults ke complement hoge. humare rodamap ke hisse ke roop mein, 2023 humare agle product ke liye testing phase ko antim roop dega: Trader Joe’s (TJ) auto-pool vaults.

Auto-pool vaults humare GLP vaults se alag pradarshan karte hain, kyuki ve range trading environments mein behtar pradarshan karte hain, jaha bahut adhik volatility nahi hote hai.

Iske alawa, Auto-pool vaults greatly simplify ke active positions ko bahut saral banate hain.

Overcoming Challenges

Jaise ki bear market ke dauraan nirmaan karana enough nahi tha, humare team ko hamari vaults se sambandhit kuch operational challenges ka bhi saamna karana pada.

Struct ke samane aane wale major challenges mein se ek GMX GLP Vaults ke saath unforeseen issues thi.

Vastav mein, GMX dwara apne liquidity ko v1 se v2 mein parivartit karne ke karan, hamare do vaults prabhavit hue the.

  1. Term 4th October — 29th of November

2. Term 7th October — 2nd of December

Haal ke bazaar outlook ke saath combined , adhikansh traders ko teji se aage badhane aur long positions kholne ke liye prerit karte hue, liquidity migration ne GLP reserves ko adhikatam kar diya tha, jisse humare vaults se withdrawals ruk gaye the.

Kuch samay ke liye, mature hone aur nikale jane ke bajay, funds GLP mein bane rahe aur bazaar kee volatility ke sampark mein rahe.

Eventually agale kuch dino mein samasya ka samadhan ho gaya, jisse prabhavit funds kee withdrawals kee anumati mil gayi.

Kise bhi inconvenience ke lie hum sincerely apologize chahte hain. truct Finance current APRs aur maturity par APRs ke bech kise bhe discrepancy kee compensate ke liye treasury funds ka upyog karega.

Is situation mein transparency, regular updates aur fair solutions find kee commitment ke delicate balancing kee required the.

GMX team ke unwavering support

aur users ke saath equitable treatment par dhyan dene ke liye dhanyavad, Struct ne in challenges ka successfully navigated kiya, jisse apne community ka vishvaas aur majaboot hua.

Final Thoughts

Ek saal flew ho gaya — jab hum build karte hai to samay flies ho jata hai. time.

Humare product development aur TVL ke alawa, Struct team ke paas lagataar sekhane ka ek incredible saal tha. Isne bear market mein surviving rahne aur yaha tak ​​ki ek naye DeFi primitive aur fervent global community kee sthapana karke usse aage badhane ke humare anubhav aur commitment ko majboot kiya.

Yeh na keval tech success kee kahane hai, ismein vah rasta bhi shamil hai jis par ham ab tak chale hain, saath hee yah DeFi mein nirman jari rakhne ke liye humare unwavering commitment ke pramaan ke roop mein bhi kaam karta hai.

Yeh approach 2024 mein humare product releases mein reflected hoga, products ka ek strong suite banane par dhyaan kendrit kiya jaega jo kise bhi market conditions mein achha pradarshan kar sakta hai, jisse humare users ko bazar ke asthirata ke aadhar par unmein se kise ka laabh uthane kee ijazat mil sake.

Bullish momentum ke liye GLP vaults , Range trading ke liye TJ vaults.

Is remarkable journey par vichar karte hue, Struct pratyek individual aur entity ke prati apne deepest gratitude vyakt karta hai jo unke story ka hissa rahe hain.

Investors aur ecosystem partners se lekar community aur team ke members tak, har contribution invaluable raha hai.

Jaise hee Struct 2024 mein kadam rakhata hai, team maturity, wisdom aur innovation kee deep hunger kee bhavana se bhar jaatee hai. pichale sallo mein praapt anubhav ne unhe novel opportunities se bhare ek romanchak bhavishya ke liye taiyar kiya hai.

Upcoming TJ integration ke bas shuruat hai.

Bazaar ke trends aur ecosystem kee jarorato kee clearer understanding ke saath, humare paas agle varsh ke liye bahut kuch hai, jismein humare loyal supporters ke liye kuch gifts planned bhi hain.

Ab tak ki hamari journey passion, resilience, aur collaboration kee shakti ka praman hai.

Yaha ek aisa future hai jaha Struct DeFi kee dynamic world mein innovate karna, inspire karna, and lead karna jaari rakhega.

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Struct Finance India
Struct Finance

Building the next generation of financial products in DeFi