Original author:Delphi Labs
Original compilation: Felix, PANews
Delphi Digital was founded in 2018 and focuses on providing institutional-level research for some crypto funds, institutions and investors. It has cooperated with Lido, Aave, Compound, Synthetix, Axie Infinity, Thorchain and other projects, and has invested in Sei, Jito Labs, zkLend, Projects such as Illuvium and dYdX. Delphi Digitals protocol research and development arm, Delphi Labs, is a team of more than 40 experts, including economists, quantitative analysts, developers, lawyers, etc. Delphi Labs has collaborated with Osmosis, Injective and Neutron on hackathons. Recently, Delphi Labs published an article on the X platform, summarizing the projects participating in incubation or acceleration. The specific projects are as follows:
Mars Protocol
Mars Protocol offers spot trading, margin trading, leveraged yield mining, and more, all from a credit account. In this account, each position can be used as collateral for hedging, leverage, lending, etc., and it is all access-free and non-custodial.
Mars v2 currently supports 14 assets for lending, spot and margin trading. In order for the protocol to reach its true potential, Delphi Labs believes that the protocol must (and will) integrate perps.
Unlike standalone perpetual protocols, Mars Protocol can leverage its Rover credit account, allowing users to cross-collateralize their perps positions with margin trading, loans and borrowings, which will unlock unprecedented capital efficiencies in DeFi.
Astroport
With its unique hub and architecture, Astroport can deploy its AMM contracts on any Cosmos chain that requires liquidity. This is a proven model, as Astroport is already the largest AMM on every chain that deploys it: Neutron, Terra money, Injective, and Sei Network.
Several features of the protocol are expected to come online soon, including:
New release voting system (vxASTRO) inspired by Curve’s veCRV
Voting reward market tributes
On January 17, Delphi Labs and the Astroport Foundation launched the inscription platform Asteroid and CFT-20 for the Cosmos Hub. While Cosmos Hub is the largest Cosmos blockchain by market cap, it is not designed to have native support for NFTs or fungible tokens. Asteroids changes that with the launch of CFT-20s, a method of deploying, minting, and transferring divisible tokens on the Cosmos Hub.
Astroport is helping launch a secondary market for Asteroid-based tokens on the Asteroid Protocol, with small transaction fees flowing back into xASTRO’s staking pool. Astroport is also exploring building a cross-chain bridge that would allow CFT-20 to flow seamlessly between the Hub and other Cosmos chains.
Levana Protocol
Congested trading during extreme market conditions could drive many perps protocols out of business...or become too expensive to use when users need it most.
Levana Protocol is designed to eliminate this risk of illiquidity through its “fully funded Perps model”.
This approach ensures that all open trades are always solvent by locking in the liquidity of a trade when a position is created. When users lock up stablecoins for trading, it means their upside is limited. But when users lock into crypto-denominated token pairs, the upside can be infinite.
Levana has processed over $1.7 billion in transactions across over 16,000 wallets, and the recent LVN airdrop is one of the most anticipated airdrops in Cosmos.
Harbour
Harbor provides users with one account for all their fiat and crypto assets, giving crypto newcomers everything they need to make the transition from traditional finance to the blockchain world. Enjoy instant, free deposits and withdrawals, set up recurring payments, and check your balance at any time.
Users can even connect a custodial wallet and use Harbor’s Magic Ramp to transfer dollars from their bank account directly to their wallet almost instantly.
Harbor is currently in beta testing with select users and will launch first in the UK.
Almanak
Almanak provides a simulation platform that can help Web3 projects test protocols before putting them on the chain.
Founded by people from companies including Google, McKinsey, Uber, Ernst Young and DBS Bank, Almanak uses data, not subjective opinion, to help protocols ensure economic security and sustainability while maximizing profitability.
Uncharted
Uncharted is a 100% decentralized Perps protocol from day 1 of launch. This means every component in the stack is community owned and operated – from frontend to backend, from governance to token economics, from APIs to treasury. Uncharted will be developed without multi-signatures or secret controls. The design is currently under development. Uncharted will also include:
DEX integrated with oracles
Cross Margin Account and Sub-Account
One click trading
No Gas Transaction
MetaLeX
The DAO faces an existential crisis as regulators take notice. The existing legal framework creates too many risks for developers and even governance actors.
As a traditional legal entity, MetaLex uses autonomous technologies such as smart contracts and artificial intelligence to enhance the entity’s governance and activities. MetaLex simplifies the DAO process by leveraging its complete technical and legal “operating system” to build out-of-the-box solutions. The protocol is currently being tested.
Resolv Labs
Stablecoins are the Trojan horses of cryptocurrencies. The vast majority of stablecoins currently are centralized. This puts them at risk of scrutiny or seizure. This runs counter to the crypto mission of building neutral protocols that are open to everyone.
Resolv will launch a true, delta-neutral decentralized stablecoin using Ethereum-based collateral-offset hedging derivatives and a two-tier risk split structure.
Redacted
Issuing tokens and raising funds is arguably the killer use case for cryptocurrencies. It all started with ICO. Early ICOs were priced reasonably and established a community alliance immediately. But as the market pays attention and capital gets involved, bad actors flood in. Ultimately, vague regulations make compliant public sales simply unfeasible. The current token issuance in the market has turned into a way for venture capital institutions to make profits and exit.
A still-invisible internal project, Redacted, aims to change that by:
Setting a new globally recognized standard for initial coin offerings.
Give everyone the opportunity to invest in the highest quality projects at the same stage as venture capital.
Ensure projects can raise funds and issue tokens in a compliant manner.
Make projects standardized and transparent, including token unlocking, distribution, voting rules, resource usage, etc.
Align early buyers with the protocol’s DAO, like Vitalik envisioned in his DAICO proposal.
Comply with frequently changing regulations.
Guiding projects on how to have the best possible fundraising/launch.
