EOS DeFi has indeed become more and more lively and fun recently. When the cryptocurrency market plummeted before, EOS often led the decline, and the decline was the largest. This time, due to Trump’s diagnosis and Affected by the KuCoin incident, the cryptocurrency market has experienced a general decline. This time the market fell, EOS did not lead the decline as usual, and its decline was not the largest. The reason for this, I think, is mainly related to the development of EOS DeFi related.

It is precisely because of the good development of EOS DeFi that the price of EOS has not plummeted. I believe that with the continuous development of EOS DeFi, EOS will become more resilient.

In today's EOS DeFi pattern, I used to use the three-legged pattern before, that is, Dafengshou, Dabao, and Diamond are three parts of the world, but it is not enough to describe the existing pattern of EOS DeFi by using the three-legged pattern. I think Haixingchen uses The four little dragons describe the EOS DeFi pattern more appropriately. After all, PIZZA is developing rapidly. It is also an important pole in EOS DeFi. However, with the development of OGX, it seems that it can’t keep up with the description of the four little dragons. I think it may be more accurate to describe it with the five kings .

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1. Great Harvest

The reason why EOS DeFi has attracted more attention, I think it mainly started from the development of Dafengshou and Dabao, and Dafengshou was launched earlier than Dabao.

The current main function of Dafengshou is Swap. The best SWAP in EOS DeFi is Dafengshou and Dabao, and the gap between the amount of assets in Dafengshou pool and Dabao is getting smaller and smaller.

In some pools of Dafengshou, its depth is better than that of Dabao. For example, in the EOS+KEY fund pool, the number of KEYs is nearly 2 billion. This is a very large number. The EOS+KEY funds of Dafengshou The pool has become the deepest EOS+KEY fund pool in the market. If you buy 20 million KEY at one time, the price slippage is only 1%, which is quite terrible.

In the main website of Dafengshou, the DSS function is also launched, which can also be understood as a treasury. As long as we deposit DFS in it, we can realize lying and earning. The main website of Dafengshou also has a voting function.

In addition to the Dafengshou main station, there are more and more projects developed around the Dafengshou main station, such as the Matryoshka project based on the Dafengshou LP Token. Recently, Dafengshou also launched the aggregation exchange PDDEX, which Integrating the mainstream SWAP protocol in EOS DeFi, users can get more favorable prices for transactions here, and they can also perform pending order transactions on PDDEX.

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2. Dabao

Dabao is an EOS DeFi project funded and developed by Newdex. Since Newdex has been deeply involved in the EOS ecosystem for more than two years and has accumulated rich industry resources, the development of Dabao has gone smoothly with the support of Daddy Gacha.

At present, the main business of Dabao is also Swap, and the total capital pool of Dabao is much higher than that of other EOS DeFi projects. The amount of EOS locked in the Swap capital pool and the stable currency capital pool has exceeded 30 million at the peak.

Moreover, in the core transaction pair EOS+USDT of the EOS chain, Dabao has an absolute advantage. The number of USDT in Dabao’s EOS+USDT pool has reached more than 18 million. When we are conducting EOS/USDT transactions , it is undoubtedly a better choice to go to Dabao, after all, the depth here is good, the price slippage is small, and it is more cost-effective for users to trade here.

On Dabao's main site, BOX DAO is also launched for decentralized voting, voting on some proposals related to BOX development, and also launched mortgage rewards.

Dabao is currently going further in LP Token. When the LP Token of other EOS DeFi projects is still a string of numbers, Dabao’s LP Token has evolved into a real token on the EOS chain. Dabao’s LP Token tokens such as BOXL, etc. , it is transferable.

For example, when user A transfers his LP Token BOXL in Dabao to user B, then user B will not only get this part of the market-making funds, but also get BOX rewards for this part of the funds for market-making in Dabao, as long as user B goes to Dabao If you cancel the market making in the process, you can split this part of the EOS assets into your own account.

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3. Diamond

In the development of EOS DeFi, the contribution of diamonds is also quite large. The reason why the issuance of EOS-USDT increased greatly was originally caused by the mortgage mining of diamonds.

The first batch of diamonds to go online is mortgage mining. Diamond DMD can be obtained by mortgaging EOS and USDT. Later, mining based on the LP Token of Dafengshou began.

The vault recently launched by the diamond team is very good. Since the audit company is still on holiday, the contract code of the vault has not yet passed the audit. Therefore, the total limit of the diamond vault is 100,000 EOS, and each EOS account only has a quota of 200 EOS. Due to The amount is small, and the amount was quickly robbed as soon as the treasury went online. It is said that many people operate with multiple EOS accounts.

In the diamond treasury, if users deposit EOS, they will get the same amount of DEOS. Diamond takes this part of EOS to vote, buy REX, and use the machine gun pool to get income everywhere. Most of this part of the income is transferred to in the vault. For users, they can enjoy voting and other benefits, and after getting DEOS, they can go to Dabao to sell it at any time, thus solving the problem of mortgage and liquidity.

Moreover, in the help instructions of the Diamond Vault, it is also revealed that when the number of EOS in the vault is large enough to affect the current EOS node ranking, DMD-DAO will start to conduct decentralized voting, which will have a major impact on the current EOS node pattern.

According to statistics from bloks, the difference in the number of votes between EOS supernodes is getting smaller and smaller. The biggest difference between the votes of the previous node is only 7 million EOS, and the difference between the votes of the 21st and 11th nodes is only 800. Thousands of EOS. What does this mean?

It means that 10 million EOS votes can make the ranking of 21 nodes rise to 11th, and the ranking directly rises by 10 places.

I remember that in the first mortgage vote of Diamond, the total amount of mortgaged EOS was over 10 million without the contract being audited and multi-signed. It seems that the number of EOS in the vault will definitely increase in the future.

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4、PIZZA

In the current EOS DeFi segment, of course Dabao and Dafengshou are doing well in Swap, but of course PIZZA is doing well in mortgage lending.

In fact, PIZZA has been working since 2018, and it has reached a certain scale in 2019. However, due to market conditions and the fact that the PIZZA team is relatively low-key and rarely publicized, no matter how excellent PIZZA is, its business volume is not very large.

PIZZA's current businesses include flash exchange, stablecoin minting, and lending, among which lending is the most used function by EOS community users. On the one hand, PIZZA does a better job in this area. On the other hand, it is also because there are relatively few project parties that currently do lending in EOS DeFi. However, it is said that Dabao’s lending is already in progress, and it is likely to be launched in October.

In the mortgage lending business, over-mortgage and liquidation mechanisms are basically adopted to ensure the normal operation of the lending business.

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5、Organix

Organix is ​​a project invested by multi-chain wallet TokenPocket. Since there is TP behind it, it is the entrance of EOS DeFi applications. Many EOS DeFi projects have brought OGX along with them in nesting doll mining, which has also led to an increase in the price of OGX. You must know that OGX has just launched the testnet , in or"air coins"At that time, it was already a 10 times currency. It can be seen that everyone is quite optimistic about TP's project, after all, where is their strength.

As soon as TokenPocket came along, it killed so many EOS wallets and developed into the EOS wallet with the most users. Besides the EOS wallet, the wallets of other chains are also developing quite well. This is also related to the efforts of TP. The boss of TP Mr. Fu is active in the group personally, answering questions and promoting TP Wallet. It is said that they have hundreds of WeChat groups. TP users are not limited to our domestic users, and there are also many foreign users. Especially in this wave of DeFi, TP's services are very good and the speed is also very fast. The new project that just came out, mining The tutorial will be out soon.

Organix invested by TP is mainly for synthetic assets. Compared with other protocols, synthetic assets are the most complicated. However, there is already a very successful Synthetix on ETH for reference. After all, they have verified and run through the entire model , Organix can just copy it, nothing more than OGX is developed on the EOS public chain.

Through Organix synthetic assets, digital assets such as BTC and ETH can be synthesized into the EOS chain, and stocks, gold, etc. can also be synthesized into the EOS chain. In the future, we can purchase synthetic assets of Tesla stocks through Organix, so that we can To enjoy the benefits of Tesla stocks, we must know that it is still a bit troublesome for us to buy Tesla stocks, but it is much easier in the form of synthetic assets.

Synthetic assets can theoretically synthesize any asset, and it is a very imaginative DeFi track.

According to Organix's development plan, Organix will launch the EOS mainnet in November. I believe that the launch of Organix will have a major impact on EOS DeFi, and I am very much looking forward to it.

With the support of the five major gold steels and other projects, the price of EOS has also become somewhat resilient, and EOS DeFi has gradually become popular. In fact, there are many opportunities in EOS DeFi, and many people have prejudices against EOS so that they play There are fewer people, which gives more opportunities to those who stay.