With coreDEX: Lending releasing later this month, we want to take a closer look at the tokenomics involving CORE, the floor price and how the new lending module will make use of CORE’s floor.
The forthcoming lending module will have an amplified deflationary effect on the total supply, due to its Liquidation mechanism. In order to allow loans on the former LP tokens against DAI, the three different LP tokens needed to be migrated into a unified pool of CORE and DAI. The underlying value of each pool was sold to DAI and both, CORE and DAI was transferred to…
The past months have been eventful on the development front for the CORE ecosystem. While the main focus remains on the upcoming lending module, an update for the Core Router has been published on cvault.finance which helps the remaining LP tokens to be wrapped into coreDAO vouchers. The Delta smart contracts have been thoroughly checked and are being tested and worked on, to regain full functionality, after the Sushiswap migration. A contract is being built which will address an issue with the liquidator contract which plays an important role for the yield of the Deep Farming Vault. …
The Deep Farming Vault collects and distributes Delta, based on its unique Vesting Schedule mechanism. Initially, the yield exclusively comes from Delta vesting schedule interruptions which generated high yield for LSW participants and early Delta stakers. Since the migration to Sushiswap, the reward payments of the DFV have come to a temporary halt. Yield is still being accumulated but not paid out until all contracts have been checked and approved. As a result, low APY is being displayed on delta.financial. The team wants to use this opportunity to introduce stable yield to the platform.
During the design phase of the…
coreDEX aims to become a self-sustaining project which puts emphasis on community and decentralization. To avoid growing pains, in the early stages of community governance, the CORE team aims to relinquish decisions on certain sections of coreDEX. Our long-term objective is to develop a robust and decentralized community which helps dictate the future of the product ecosystem and moves towards full decentralization and on-chain voting.
The CORE ecosystem is built on top of its underlying locked liquidity. Three Liquidity Generation Events added Ethereum, Bitcoin and DAI tokens to its locked liquidity pools while giving out UNIV2 LP tokens to its…
Delta has successfully migrated to Sushiswap!
We always put importance on decentralization and censorship resistant environments. Migrating to Sushiswap will allow us to continue innovating and bringing new technology to DeFi, without the worry of censorship.
We moved all our liquidity, a total of 3,785.78 ETH and 1,803,521.36 DELTA, to Sushiswap.
You can find the details of the transaction here:
Nothing. Our liquidity moved to Sushiswap seamlessly. You do not have to do anything to participate in the migration. From now on you can trade Delta on Sushiswap.
rLP and Delta tokens which are staked in the Deep Farming…
On March 28th 2021, Delta.financial successfully launched its tokens and ecosystem on the Ethereum Mainnet. Within the first hours, Delta generated over $40,000,000 in trading volume, revealing the demand of the community to participate and join the Delta ecosystem.
Since launch we have seen significant traction and demand for our Deep Farming Vault, with over 860,000 Delta and 75,334 rLP tokens staked so far.
Delta.financial has launched on the Ethereum mainnet! You can now claim & stake your rLP tokens at delta.financial! If you participated in the Referral Program you may claim your referral ETH on our site.
Token trading for DELTA will be enabled within the next hour! Make sure to follow the official channels to receive the announcement.
Note that liquidity will be added, and RLP minted as soon as the endLSW transaction…
Delta’s successful LSW allowed the team to sponsor one of the biggest Bug Bounty Programs in DeFi. With $1,500,000 worth of Ethereum in bug bounty rewards, we were able to attract a lot of attention on to our smart contracts. We collected feedback and performed a variety of gas optimizations which improved all our contracts.
The team focused on optimizing each contract to reduce the overall gas costs. While the Delta token has 100 times more lines of code than a simple ERC20 token, a transfer will only cost 10% more gas. The same optimization was performed on the Deep…
The team behind Delta is taking security very seriously. We are cautious with our smart contracts since they are the core of our products. The Delta team is excited to start the peer review period of our smart contracts, by releasing the first of three contracts to the public.
We are calling on security researchers worldwide to help us identify and fix possible vulnerabilities in our smart contracts. Delta recognizes the importance and value of security researchers’ efforts in helping keep our community safe.
Our Bug Bounty Program rewards those who help us find and address vulnerabilities early on.
If any researcher has serious security concerns, please report them using our bug bounty program for up to $1.5M in bug bounty rewards.
Upcoming Post Limited Staking Window Review Period:
Delta is having an extended review period which starts at the end of the Limited Staking Window. This review period…