izumi Finance – a decentralized financial platform, the main feature of which is the use of the LaaS (liquidity as a service) concept. Equipped with an integrated multi-chain exchange and obtains liquidity from DEX Uniswap V3. Offers unique proprietary analytics protocols that increase efficiency in attracting liquidity.
THIS – a platform service token, which acts as a means of paying commission fees in the cross-chain trading process. It also participates in the staking pool and is required to use the v3Toolbox. If you stake the IZI token, you can receive a ve-iZi governance token, which cannot be sold or transferred.
Our editors will talk about the izumi Finance (IZI) project, whose token sale is taking place in Bybit Launchpad December 15-20, 2021. The balance freeze period ends on December 19 at 23:59 UTC (2:59 a.m. December 20, 2021 GMT), and the subscription season begins.
Participate in the izumi Finance Token Sale on Bybit Launchpad
Real-time currency price/quote
general information
| Designation | Izumi Finance |
|---|---|
| Clock | TO BE |
| Release year | 2021 |
| Token Type | ERC-20 |
| Blockchain | Ethereum |
| Maximum emission | 2,000,000,000 THIS |
| Official website | https://izumi.finance/home |
| White paper | https://docs.google.com/document/ |
| Documentation | https://docs.izumi.finance/ |
| Blog | https://izumi-finance.medium.com/ |
| Social media | https://twitter.com/izumi_Finance https://discord.com/invite/vUFpSwxTzz/ https://t.me/joinchat/e7idO_QU_21iY2E9/ |
| news | Tweets por izumi_Finance |
| Bybit Launchpad Distribution Starts | December 15, 2021 |
| starting price | 0.04 $ per BIT |
| It will be distributed | 11,250,000 IZI (0.5625% of the total issue) |
What does the platform consist of?
izumi Finance includes four modules (some of which are not yet fully developed):
v3NFT Mining
Liquidity Mining (LM) protocol with Uniswap v3 NFT.
The third version of Uniswap introduced a new way to confirm the liquidity deposited by users. Previously, the investor received ERC-20 tokens, but now each item is represented as an NFT. These NFTs are also fully owned by the user and can even be sold on a third-party marketplace like OpenSea, although this is not recommended (it would not be profitable). An NFT is always worth as much as the assets contributed to the pool.
v3NFT Mining supports incentive distribution for Uniswap V3 incentives based on the liquidity index. The main advantage of the notion is that NFT owners are rewarded automatically and a heterogeneous distribution across different price ranges is maintained.
When prices fluctuate in the currency in which the bet is placed, impermanent loss (IL) occurs, which deters the inspiration of new interested liquidity providers. Izumi Finance, by providing additional incentives, significantly offsets IL.
C-AMM Bridge
Uniswap v3 source code, according to license, cannot be commercially used by other DEXs for two years. Therefore, users of other cross-chain systems cannot benefit from Uniswap’s concentrated liquidity efficiency. The C-AMM Bridge spans multiple blockchains, providing fast and low-cost transfers:
- Speed – less than a minute per transaction.
- Taxa – 0,3%
The process is carried out through a relay network with several validators. The order is executed as soon as an agreement is concluded with the smart contract on the target chain.
v3ToolBox
v3ToolBox is a set of tools to manage liquidity and increase trading efficiency. Examples of features that will be included in the final output:
- Cross-chain arbitration.
- Data tracking in the chain.
- Calculation of network fees.
- Automatic order output with pause indication.
- Relay network with oracles.
- Miner Extractable Value (MEV) protection. This is the potential profit of the miner due to unauthorized inclusion, exclusion or reRanking of transactions in the created blocks.
R3 Chest
This Izumi Finance solution allows you to use options that are not available in Uniswap v3 – for example, limit orders. Active Uniswap V3 liquidity management strategies are being developed that will use data mining. The most profitable pools with the best rewards and large volumes are automatically selected, after which it is determined which price range is suitable for placing liquidity. In this case, the pause with the maximum expected density of price fluctuations is sought.
The full functionality of the platform is expected to be released in the second half of 2022.
Token IZI e-ve-iZi
TO BE IZI is a project utility token used to pay for transactions and creation costs of an incentive pool called LiquidBox. Users can obtain IZI through IDO and IEO or directly purchase it on exchanges after launch. Furthermore, rewards for working with the platform will be paid out in these tokens later. When purchasing IZI tokens, users can select a specific liquidity pool and staking assets to generate supplemental income.
In the future, a second season of token usage and expansion of the range of useful scenarios is planned. In particular, this is decentralized governance with ve-iZi tokens.
Once the platform has proven its security, izumi Finance will transition to community management and open up the possibility of minting ve-iZi. These tokens can only be obtained by staking IZI, but cannot be bought or sold. Holders of ve-iZi can receive up to a 2.5x boost when extracting liquidity, as well as voting on the platform’s governance.
Where to Buy and Store IZI+ Distribution on Bybit Launchpad
IZI will be listed on the brokerage Bybit after the token sale, i.e. after December 20, 2021.
Token Sale Parameters:
- Format – signature
- Token for purchase – BIT
- Initial sale price: $0.04 in BIT at the exchange rate at the time of subscription
- Total IZI issuance: 2,000,000,000
- Will be distributed: 11,250,000 IZI (0.5625%)
- Juice per user: 10,000 IZI
Conveniently store received tokens in your wallet Metamaskwhich is designed to work with the ERC-20 standard and allows you to easily connect to decentralized applications including izumi Finance.
📢 We are pleased to announce that our latest project, @izumi_Finance (# TO BE), is now live! 📢
👉🏻 $ THIS is the native token of @izumi_Finance a multi-chain Liquidity-as-a-Service (LaaS) provider in @Uniswap V3.
📲 Explore the launchpad now! https://t.co/ACe38wgpi2 pic.twitter.com/qHyXnyHRJG
-BYBIT 🦍 (@Bybit_Official) December 10, 2021
Conclusion
izumi Finance is a promising liquidity aggregator that can be a good assistant for active Uniswap v3 users thanks to extensive tools to increase the efficiency of trading and Farming. The testnet is already available, by connecting to it using the Metamask wallet, you can test the NFT Farm (Tips). The project is able to resolve a number of existing issues, including inconsistent losses, which discourage many potential liquidity providers. Finally, this is a good way to fully explore the potential of Uniswap’s “NFTs over standard LP tokens” technology.