Delphi Labs Demo Day 9 major project overview

Author: Delphi Labs, Translation: Golden Finance xiaozou

Recently, Delphi Labs held its first Demo Day, and 9 projects incubated and accelerated by Delphi Labs were publicly demonstrated.

This article will take you through these projects and why we are optimistic that they will achieve long-term success.

1, Mars Protocol: SuperDeFi App

Mars Protocol (Mars Protocol) support Use only one credit account for spot trading, margin trading, pole income farming, etc. In this account, each position can be used as collateral for hedging, leverage, borrowing, loans, etc. All are permissionless and non-hosted.

Mars v2 currently supports lending, spot trading and margin trading of 14 assets, and is constantly increasing. However, in order for the protocol to reach its true potential, we believe it must (and will) also provide perps (perpetual futures contracts) support.

Unlike standalone perps protocols, Mars can leverage its Rover credit account, allowing users to cross-collateralize their perps positions through margin trading, loans and borrowings. It will unlock unprecedented capital efficiency for the DeFi field.

2 , Astroport: Bringing liquidity supply back to its glory

With its unique hub and outpost architecture, Astroport can deploy it on any Cosmos chain that requires liquidity. AMM contract.

This is a proven model as Astroport is already the largest AMM on all the chains it is deployed on: Neutron, Terra, Injective and Sei.

We are optimistic about ASTRO, which is a centralized liquidity (PCL) pool that tends to be passive. Through advanced repegging algorithms, PCL allows even the smallest passive LPs to compete with the big players who actively manage positions on active centralized liquidity platforms such as Uniswap v3.

Some of the protocol’s most anticipated features will soon be available, including:

• A new release voting system inspired by Curve's veCRV.

• Launching "tributes": a voting reward market where users can donate tokens to voters.

Astroport contributors are also constantly exploring the frontiers of cryptocurrency. Just yesterday, they helped launch the Asteroid protocol, enabling Inscription to run on the Cosmos Hub.

As the Cosmos blockchain with the largest market capitalization in the world, Hub is not designed to provide native support for tokens or NFTs. Asteroids changed that forever with the launch of CFT-20 — a fungible token that runs directly on the Cosmos Hub.

Astroport contributors are helping to launch a secondary market for tokens based on Asteroid, with a small transaction fee flowing back into the xASTRO staking pool. They are also exploring bridging options to allow CFT-20s to flow seamlessly between Hub and other Cosmos chains, where they will function as token factory tokens that can be deployed in Astroport’s liquidity pools.

3 , Levana: Injecting liquidity into perps

During an extreme bull or bear market, crowded trading can overwhelm many perps protocols Go bankrupt...or they become too expensive just when you need them most.

The Levana protocol is cleverly designed to eliminate this illiquidity risk through its "fully funded Perps model".

This approach ensures that all open trades remain solvent (or "fully funded") at all times because the liquidity behind the trade is locked in the moment the position is established. When users lock up stablecoins for trading, it means their upside is limited. However, when users lock in pairs denominated in cryptocurrencies, their upside is limitless.

Levana is currently active in more than 20 markets on Osmosis, Injective and Sei. It has processed over $1.7 billion in transactions across over 16,000 wallets, and the recent LVN airdrop was one of the most anticipated airdrops on Cosmos.

4 , Harbor: Better than a bank

Harbour uses a single account to store all your fiat and crypto assets, providing cryptocurrency natives with a transition from traditional finance Everything you need to enter the blockchain era. Enjoy free instant deposits and withdrawals, set up recurring payments, and check your balance anytime, anywhere.

With Harbor, crypto users now have the fastest and lowest-cost way to shuttle between fiat and cryptocurrencies. You can transfer funds from the app, or get a debit card to use your fiat or stablecoin balance. You can even connect your self-hosted wallet and use Harbor’s Magic Ramp to transfer USDC directly from your bank account to your wallet almost instantly.

5 , Almanak: Entering the simulation world

Almanak provides a powerful simulation platform to help web3 projects test their concepts before going on-chain.

Built by top talent from companies including Google, McKinsey, Uber, EY and DBS bank, Almanak leverages data ( rather than opinions) helps the protocol ensure economic security and sustainability while maximizing profitability.

6 , Uncharted: Perps DEX

Uncharted is a 100% decentralized perps protocol from day one. This means every component in the technology stack is owned and operated by the community - from front-end to back-end, from governance to token economics, from APIs to vaults. Uncharted will achieve this without using multisigs or covert control.

Uncharted’s design means that anyone can list and trade new perps in a fully decentralized manner. It is currently in development and will also include the following features:

• DEX integrated with oracle;

• Cross position account and sub-accounts;

• One-click transactions;

• No gas transactions.

7, ???????: DAOTechnical and Legal Operating Systems

As regulators pay attention, DAOs face An existential crisis. The existing legal framework creates too many risks for developers and even governance actors.

Let’s look at the Cybernetic Organization (CybOrg or BORG, control feedback organizational structure). This is a traditional legal entity that uses autonomous technologies such as smart contracts and artificial intelligence to enhance the entity’s governance and activities.

Just like science fiction cyborgs augment human capabilities with robotic organs and limbs or microchips or optical implants, BORGs augment state-licensed entities with autonomous software like smart contracts and artificial intelligence (legal person) functions.

MetaLex simplifies the DAO process by building out-of-the-box solutions with its full set of technical and legal "operating systems". Now in client testing phase.

8 , Resolv: Truedeltaneutral stablecoins

Stablecoins are cryptocurrency Trojan horses. Stablecoins are effective at dollarizing countries without access to the international banking orbit, with daily trading volumes for stablecoins often exceeding $50 billion.

However, the vast majority of stablecoins are centralized. This puts them at risk of censorship or confiscation. This is contrary to the mission of cryptocurrencies to establish neutral protocols that are open to everyone.

Resolv will release a truly delta neutral decentralized stablecoin. Using ETH-based collateral offset by hedging derivatives and a two-tier risk decomposition structure, Resolv can mint stablecoins that retain the backing of the stablecoin while delivering competitive organic returns.

9 , [?????????]: Capital formation projects

Issuing tokens and raising funds can be said to be the killer use case of cryptocurrencies. It all started with ICO. Through ICO, anyone can contribute to a founder’s dream.

The earliest ICOs were reasonably priced and could immediately form community alignment. But this model works so well. ICOs quickly began to attract a lot of attention and capital, and of course bad actors. Ultimately, vague regulations made compliant public sales simply unfeasible.

For better or worse, we end up in a situation where VCs are behind the scenes gobbling up pre-seed, seed, and subsequent rounds of funding before the token is finally publicly launched. When they do, they typically land on CEXs with multi-billion dollar valuations, forcing retail investors to withdraw liquidity...

Internal projects still in stealth mode [???? ????] aims to change this by:

• For first generation Coin issuance sets new standards for global recognition.

• Give everyone the opportunity to invest in the highest quality projects at the same stage as venture capital.

• Ensure that projects can raise funds and issue tokens in a compliant manner.

• The information of each project is standardized and transparent, including token unlocking, distribution, voting rules, resource usage, etc.

• Align early buyers with the protocol DAO (if applicable), just like Buterin envisioned in his DAICO proposal.

• Comply with changing regulations.

• Guide projects on how to achieve the best fundraising/launch possible.