Whale Loans Makes A Splash in DeFi 2022: Check Out What’s Coming in Our Newest Blog
Whale Loans stands as an entity that sets out to simplify the perceived complexity of Decentralized Finance (DeFi). Doing this will bring about a scalable and defendable DeFi system that offers nothing but value to its users. To achieve this goal, Whale Loans is set to launch products that create an easy button for anyone who wants to make ridiculous gains in DeFi.
As we take a deep dive into the year 2022, we are thrilled to announce some interesting products that we have in store for you. Below are the major ones that stand out:
FLASH MINTING
What if you can borrow some token to fund other token or crypto purchases of yours without having to use your portfolio as a collateral? That is exactly what our flash minting product is all about.
With our flash minting platform, users are granted the ability to mint an arbitrary number of tokens into their account. This is considered valid only if users burn the same number of minted tokens from their account before the transaction ends. Without doing that, the transaction will be reverted by default.
Likened to giving a loan, flash minting is provided as a tool for arbitrage, which offers users in the DeFi ecosystem an unlimited source of funds for their transactions. With Flash minting, you turn a quick profit by borrowing funds, it is risk-free, and makes you, the trader, more resourceful.
This flash mint is given to users without the need for collateral. What is really exciting is that not only do LP’s get access to flash events without the need to know how to implement a flash mint, both the trader and the LP make profits. We are set to roll out this feature in the coming days.
DELTA NEUTRAL VAULTS
The Delta Neutral Vaults is a feature that allows users to use our risk management strategy by depositing their stable coins and collecting the funding rate of any token or stock. What the vault does is that it dynamically invests funds, hedges users’ position, and allows them to profit regardless of market conditions. You will be profiting by risking little or nothing. This feature is made possible with the help and partnership from Kitten Finance, who aims to provide volatility surfaces and yield curves for all smart contracts and dApps.
MORE FROM WHALE.LOANS
Our mission is to create an easy button for DeFi users where we do the hard work, and you reap all the rewards. If you find it a bit difficult to understand how our products work, our team is actively engaged in conversations via Discord and Twitter. You’ll also get detailed information about product launch and other exciting Whale.Loans news.
To stay up to date on our launch, news, and announcements, visit:
Website: https://whale.loans/
Discord: https://discord.com/rFzNx4wRtK
Twitter: https://twitter.com/whaleloans
