What is Francium Protocol? Francium Protocol is a decentralized Yield Farming strategies aggregation platform built on Solana. Francium offers many strategies for both users and strategy builders. Let’s learn more about this project through the article below.
What is Francium Protocol?
What is francium? Francium is a DeFi Yield Farming Platform on Solana, offering leveraged/hedged farming, DeFi strategies and on-chain trading strategies. Francium also helps users build their own Yield Farming strategies through the dev toolbox developed by the project team.
Users on the Francium platform are divided into two groups. The first group is Lender and Yield farmer. The second group is Liquidator.
At the present time, users can use the project at https://francium.io/app/invest/farm
Lender can deposit their assets into Francium’s lending pools to earn interest.
Yield farmer earn profits by depositing their assets into a leveraged LP farming pool.
Liquidator monitor leveraged farming positions (when the owner’s equity collateral becomes too low, thus risking default) and liquidate them using bots.
What Are The Highlights Of Francium Protocol?
Francium provides intuitive and easy-to-use UI/UX for Defi users
Users just need to access https://francium.io/app/invest/farmconnect the wallet and select the functions you want to use, all the details are displayed on the platform.
Solana Yield Farming Calculator- tool to support calculations when you are a Yield Farmer
Solana Yield Farming Calculator can be used as a position equity simulation tool based on different position settings. You can establish a position and see how much you will make, how changes in price impact your equity, and the risk of liquidation. You can also model changes in value for different leverage levels and different borrowed assets.
Users just need to enter the amount of coins/tokens they want to provide to the Pool Farm, then choose the leverage and number of days they want to farm. Francium’s computer system will automatically calculate and provide estimates of profits and liquidation prices of assets.
Neutral Hedge Strategy
For long-term asset holders who want to earn more profits while minimizing risks, Francium offers a Neutral Hedge Strategy that simultaneously takes long and short positions in an asset pair to reduce minimize the impact on your portfolio when the price of that asset fluctuates.
If you are someone who does not like risk but still wants to participate in Yield Farming, you can consider using the Neutral Hedge strategy.
Development Roadmap Of Francium Protocol
The latest roadmap for 2022-2023 was announced by the team as follows:
Milestone 1
Auto-rebalance PDN Vaults (Q4 2022)
Auto-rebalance 1x Long Vaults (Q4 2022)
Milestone 2
Integrating Concentrated liquidity pools & automated vaults (Q1-Q2 2023)
Milestones 3
Loans with fixed interest rates to control prices when there are large fluctuations (Q3-Q4 2023)
Milestones 4
Cross-chain yield aggregation for Solana ecosystem (Q3-Q4 2023)
Core Team
Francium’s Core Team is an anonymous group. All team members come from leading Internet and blockchain companies. They have accumulated a lot of experience implementing and researching algorithms. and is also one of the pioneering DeFi users.
Francium Protocol’s honorary awards include the Solana Hackathon Prize Winner, Solana Grant and Serum Grant.
Tokenomics
Currently, the project does not have information about native tokens. Hak will update you with the latest information when there is a new announcement from the Francium team. However, the project does distribute Contribution Points (CP) which are a type of certification for early adopters of Francium who participate in contributing to the development of Francium (such as participating in initial activities , find errors, suggest good suggestions) will be rewarded! People can interact and participate in activities to achieve this point.
Francium Protocol’s Information Channel
Summary
Through this article, the team has provided you with an overview of the Francium Protocol project on the Solana ecosystem. Although 2022 is a difficult year for the entire ecosystem, Francium has been showing its tireless efforts to build a user-friendly Defi platform with integration and improved tools. getting better day by day. Please join Weakhand to look forward to the strong return of the Solana ecosystem as well as experience many new features on Francium Protocol in the near future.
