Since the beginning of 2021, the DeFi market has continued to heat up. DeFi services have burst into full swing, and the total value of pure decentralized financial services (based on cryptocurrencies) has achieved amazing growth. The total value of locked-up DeFi transactions in the entire market currently exceeds 60 billion U.S. dollars.
Concepts such as DeFi and DEX were mentioned in 2018, but due to factors such as technology, cognition, and market environment, the market did not begin to pay attention until 2020, and the track is still in its infancy. In the rapid development period of more than half a year, the ecology between CEX and DEX has gradually been opened up, and the addition of leading platforms such as Binance and Huobi has made the competitive landscape in the market full of new possibilities.
BSC and heco have successively impacted the dominance of Ethereum. A large number of excellent DEX platforms have poured into the track, a new force has emerged, and the market competition has become increasingly fierce. Some potential projects that are still in the IDO stage have also become the focus of market attention. As a new force on the DEX circuit, why can Beer achieve such a high degree of market recognition? How to break through the fierce competition? Perhaps “ecology” is the key to the answer to the above question.
Have a high degree of technological advantage: Beer lights up the decentralized financial world
Beer is a one-stop cross-chain DeFi platform based on smart contracts invested by the Hunter Foundation, which meets multiple needs such as aggregate mining, IDO, DEX and NFT trading platforms. Beer’s vision is to provide every smart investor with a useful decentralized trading platform and a gathering platform to increase the security of each user’s assets, asset liquidity, and return on assets as the core goal of the platform.
At the same time, Beer is a decentralized bridging network developed based on smart contracts. It is a highway in the cross-chain ecosystem and provides the safest universal bridging solution. It can realize cross-chain and universal remote chain transfer of assets between heterogeneous chains such as OK/BSC/HECO/ETH four major public chains. The main application areas include DeFi, cross-chain NFT trading market, games, etc. The value of Beer platform currency mainly lies in the multiple functions in the beer ecology, including the distribution of rewards for aggregate mining pool revenue & acceleration, cross-chain bridge access, repurchase deflation, transaction fee reduction, platform governance, etc.
What is more surprising is the Beer machine gun pool. This system is based on the big data AI machine learning revenue optimization protocol set, and is independently designed and developed on the mainstream machine gun pool Yearn and other infrastructures. The intelligent routing heterogeneous network aggregation mining arbitrage algorithm “Auto Arbitrage” “It can monitor the liquidity changes & risks of Defifi’s entire ecosystem in real time for 24 hours, and can quickly locate the liquidity pool and arbitrage opportunities with the best revenue for the entire network. Realize the lossless mining of investment funds.
Broad ecology: Beer aggregation ecological trading platform expands the entire chain to break the barriers between ecology
Beer supports a multi-chain deployment architecture. Beer’s goal is not just a simple Beer aggregation ecological trading platform, but a complete ecosystem that can carry the value of DeFi. At this stage, Ethereum is still the main position of the DeFi ecology, but its network congestion and high transaction costs have seriously hindered the further development of the ecology.
The arrival of high-performance Ethereum 2.0 will take time. The market effects and user needs generated by the rise of DeFi need to be met urgently. It is for this reason that smart chain ecosystems such as BSC and Heco will enter the market, and there will be more in the future. Many public chains have all the layouts, and cross-chain technology will surely become the standard configuration of every ecology.
Beer supports the deployment of a multi-chain architecture, and the protocol is completely open source. Currently, it supports the four public chains of Ethereum, OK Chain, BSC and Heco. In the future, it will be connected to other public chains such as Polkadot, allowing users to participate in multiple public chains with one click. Ecological, trading assets on different chains. It avoids the embarrassing situation of Uniswap being trapped in the Ethereum ecosystem.
Due to the realization of four-chain interoperability, Beer can realize cross-chain aggregated transactions. By integrating the liquidity and pricing of DEX service providers on the four major public chains, choosing the best price and transaction path, it solves the free loss caused by the traditional AMM mechanism. , Slippage and other issues. At the same time, relying on cross-chain technology, Beer can realize rapid inter-chain arbitrage aggregation income at any time, and obtain ultra-high returns of combined investment of machine gun pool + aggregation pledge. In addition, Beer can complete the transaction by splitting orders and bridging multiple platforms, avoiding the problem of insufficient liquidity of a single DEX platform and unable to meet the needs of traders, and breaking the ecological barrier between major public chains.
Bright highlights: Beer aggregated ecological trading platform to give users the ultimate experience
Beer has been committed to supporting the cross-chain of ERC20 and HRC20 assets through a cross-chain bridge, combined with a lossless liquidity mining mechanism and its own oracle data integration function, and is committed to creating a logical closed-loop distributed mining system. Its predictions The machine function can provide users with unlimited verifiable computing power, and submit information to smart contracts in an encrypted manner, effectively helping users avoid impermanent losses and reduce sudden losses, thus playing an important role in decentralized derivatives . Details are as follows:
1. The membership system on the beer chain, where community users can register on the chain and share their registration connections to bind the membership relationship. Social masters can earn excess income through this, which is different from the traditional model, and the contract is bound at one time, Life-long binding without burns, and encourage more members to join.
2. The Beer pledge pool provides pledge entrances such as single currency zero pledge, LP liquidity pledge, and aggregate asset pledge. The core focuses on LP pledge and aggregate pledge, both of which have higher returns.
3. Beer’s NFT exchange realizes NFT cross-chain transactions, allowing users to easily buy the NFT products they want, and can issue and auction NFTs for enterprises/institutions/individuals with underlying assets.
4. Beer’s decentralized asset crowdfunding platform allows anyone to issue new assets at low cost through the crowdfunding pool.
5. Beer lending, based on its own independently developed oracle machine, provides users with smooth and safe lending services.
6. Beer’s decentralized insurance service.
In addition, the four-chain DEX model established according to Beer’s issuance mechanism, in simple terms, is that the business has been deployed on Binance Smart Chain, Huobi Ecological Chain, OK Chain and Ethereum. The benefits of this are obvious: Enjoy the mainstream DeFi basic ecology of Ethereum, and at the same time can take advantage of the three major exchanges behind Binance Smart Chain, Huobi Ecological Chain, and OK Chain. In addition to such a good layout, Beer’s destruction mechanism is worthy of users’ attention:
1. Beer first issued the Binance Smart Chain to issue 60 million Beer tokens;
2. Beer is connected to Huobi Heco to issue 45 million Beer tokens, and then 45 million are burned on the Binance Smart Chain;
3. Connected to OK Chain to issue 30 million Beertokens, and then Huobi Heco burns 30 million Beertokens;
4. Access to the ETH ecological chain to issue 15 million Beertokens, and then OKChain will destroy 15 million Beertokens.