What is Multifarm.fi? Multifarm.fi builds analytics for leading DeFi protocols and DAOs, including Olympus DAO, Redacted Cartel, Reimaged Finance, Paragons DAO,.. So what makes Multifarm.fi stand out? What mechanism will it have? Join the Weakhand team to find out below in this article!
To understand more about Multifarm.fi, you can read the articles below:
- DeFi Panorama 101 | Episode 4: What is Yield Farming? When People Become “Farmers”
- What Are Yield Derivatives? Will Yield Derivatives Become the Next Trend of Yield Farming
What is Multifarm.fi?
Multifarm.fi is a trademark owned by Alpine Quant Labs AG. Multifarm.fi is a DeFi Analytics Company that builds dashboards for other protocols and DAOs. Multifarm.fi builds interfaces for Yiel Farming platforms, supporting other protocols in extracting data from the blockchain and displaying it as different types of interfaces. Multifarm.fi’s interface is easy to understand, fully customizable, and benefits protocols and users alike.
Mechanism of action
Formulas applied on the Yiel Farming platform:
APR – Annual Percentage Rate
APR does not take into account compound interest over a year, it calculated by multiplying the periodic interest rate by the number of periods in a year for which the periodic interest rate is applied. It does not say how many times the rate is applied to the balance.
APY – Annual Rate of Return
APY is calculated by adding 1 to the periodic interest rate das a decimal number and multiply it by a number of times equal to the number of periods over which the rate is applied, then subtract.
Impermanent Loss
Impermanent loss occurs when a user provides liquidity to the liquidity pool and the price of the user’s deposited assets changes as the user deposits them. Users can calculate impermanent loss using the following formula:
Price Divergence – Price divergence
The ongoing difference between the price changes (as a percentage) for the underlying asset compared to the price 30 days ago. Price differences between a pair of assets can result in losses for liquidity providers (see Transient Losses). Price divergence will have the following formula:
Volume/Reserve Ratio – Volume/Reserve ratio
The ratio of trading volume to liquidity/reserves (averaged for each over the past 30 days). This ratio signals how profitable the pair is in terms of rewards (transaction fees) for liquidity providers. The se formula is calculated as follows:
Where Volume/Reserve Ratio is equal to 30-day trading volume divided by 30-day reserves.
Total PnL – loss and profit indicator
Total Pnl is The amount of money the user has accumulated after conducting productive farming activities.
Listing process
Multifarm.fi will have a process to list a new Farm, Multifarm.fi will have the following requirements for new Farms:
- The new farm requires a TVL higher than $100K.
- The Market Cap of the native token needs to be higher than $1M.
- There needs to be significant trading volume and liquidity on the token/pool (i.e. pool 2).
- Farms that have high fees, high lock-in times, and unreasonable token awards will not be listed.
- Farm needs to display accurate numbers on the website.
- Projects whose Devs have a bad history will not be listed.
Development Roadmap
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Core Team
Markus Schmidt – Co Founder
- Markus Schmidt studied at Technical University of Munich majoring in Bachelor of Science, Business Administration and Computer Science in 2010 – 2014.
- Markus Schmidt has long worked as an external consultant for startup projects and business models.
- Markus Schmidt was the Founder of the MSM Online Marketing project in 2014 – 2021, a project working on providing digital marketing strategies for companies in the US.
- Markus Schmidt and his colleagues founded Multifarm.fi in 2021.
- Markus Schmidt is also Co Founder of the MetaZeus project in December 2022. The project is a Web3 ecosystem with core components of NFT, Gaming, MetaFi.
Manuel Zeiler – Co Founder
- Manuel Zeiler once studied at university Zürich in 2017 – 2018. Manuel Zeiler then continued his studies at university München majored in Master of Science, Communication, Management and Digital Technology in 2016 – 2019.
- March 2016 – June 2016: Manuel Zeiler worked as marketing director at MileBox, which is an app used to track driving habits, with the aim of educating drivers and reducing accidents and insurance costs. car danger.
- Manuel Zeiler is Co Founder at scalevertising.com, a media buying website in the mobile gaming industry.
- Manuel Zeiler was Co Founder at Token Valley in 2017 – 2019, Token Valley is a multi-blockchain dApp and NFT discovery platform.
- In 2021, Manuel Zeiler and his colleagues founded Multifarm.fi.
Investors
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Tokenomics
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Exchanges
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Project Information Channel
- Website: https://www.multifarm.fi/
- Twitter: https://twitter.com/MultifarmFi
- Discord:
Summary
Above is the information about Multifarm.fi that the Weakhand team learned. The Multifarm.fi project will provide core services: Treasury dashboard – Custom productivity dashboard – Multi-farm data analysis (Legacy platform) – Custom DeFi solutions – Optimize bribery.