Blueshift

Blueshift is a highly efficient automated market maker and liquidity management platform that has reinvented DeFi

Blueshift is a new capital-efficient AMM digital exchange protocol based on decentralized liquidity portfolio management, providing low impermanent loss and low price slippage.

At the very core, Blueshift is a DEX, however, Blueshift is combined with a multitude of innovative mechanisms, hence it cannot be considered as solely a DEX.

Blueshift's novel functionalities include:

Single-token liquidity
Virtual pairs
Internal pricing oracles
Blueshift Reserve Model
Community managed liquidity portfolios and liquidity portfolio managers
Controllable minting schedule of the BLUES token

These novel functionalities translate into broader areas of benefits that can be summarized by:

An enhanced user experience and improved convenience
Superior security
Higher capital efficiency and effectiveness.

In numbers, these areas of benefit translate to:

Price slippage reduced by 2-10x
Impermanent loss reduced by up to 10x
APRs of 60-75%
Zero or even negative fees for arbitrage operations

Additional benefits that are derived from Blueshift technology:

Cross-chain environment
Professional and automatic portfolio management
Controlled token burning process
Access to external protocols that generate APY for users
Integrated Farms and Yield Pools
Revenue generation from slippage for liquidity providers
Executing multi-token trades at the cost of a single transaction

Cross-Chain Integration

The key enabler of Blueshift is Milkomeda, a Layer-2 blockchain, which will allow users and Blueshift itself to tap into various opportunities in the future.

Users will be able to cross chains with ease and execute transactions at low fees on any EVM chain whilst not having to leave their own preferred chain. The emerging cross-chain environment will provide access to extended liquidity and enhance the scalability of the Blueshift ecosystem.

After Milkomeda, the Blueshift team will continue to integrate new EVM-compatible chains into the platform. Arbitrum, BSC, Avalanche, Solana. After the integration of Solana, other EVM-compatible chains will be considered and integrated as well.

Benefits for Blueshift ecosystem users

Traders

In addition to and beyond the industry benchmark of Smart Order Routers (SORs), Blueshift provides the following for traders:

Simplified trading and enhanced user experience
Lowest price slippage in the industry (2-10x lower)
Every possible swap pair between tokens in a portfolio
Zero fees for arbitrage operations

Liquidity Providers

Liquidity providers benefit from various innovations (e.g. single-sided token liquidity, virtual pairs, internal price oracles, Blueshift`s Reserved Model, DAO-based portfolio management) in the following ways:

Single-sided token liquidity provision, eliminating unnecessary swaps and pairs for enhanced simplicity and convenience
DAO-based portfolio management, allowing liquidity providers to benefit from professional traders (selected by the community) and the wisdom of the crowd (selection of tokens in portfolios)
Up to 10x lower impermanent loss, thereby removing one of the most significant financial barriers of DeFi`s mass adoption
Additional revenues from external protocols and every transaction in a portfolio for any (virtual) pair of tokens

BLUES holders

Controlled token mint and burn
Control of the protocol through decentralized governance which allows the community to vote on portfolio managers and the composition of portfolios
Additional revenues from yield pools with an unprecedented APR
Being part of a community pushing the boundaries of DeFi 2.0

Industry

DeFi

Investment Management

Tags

Cross-chain

Liquidity Manager

Milkomeda Ecosystem

Liquidity Portfolio

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Glossary

Oracle

In the ancient world oracles were people through whom the Gods spoke directly to the inhabitants of earth. In the blockchain and crypto world oracles are a service that provides off-chain data to smart contracts running on a blockchain.

On-chain functions, i.e. smart contracts, cannot access real world data on their own. This is problematic when a smart contract is trying to provide the real-time price of financial assets to users, or when it needs to determine the outcome of a sporting event for a gambling protocol, or even when it has been asked to use something measurable in the real world, such as the temperature or quantity of snowfall, in its calculations. Oracles can feed any real world data onto the blockchain for use by smart contracts.

Data is collect it in a variety of ways: APIs, websites, sensors, etc, and can be manual input by humans. This data is collect by nodes and is then passed on to the oracle service that then supplies the smart contract with the data. Having one node supplying data means a central point of failure, and a high potential for manipulation of the data. As a result oracle services usually use a network of nodes to build a consensus of the correct data point and to prevent the data from being manipulated, thereby helping to ensure trust in the data they supply.

DEX

Here is a Cardano DEX list for you to explore all the decentralized exchanges built on Cardano. There are multiple Cardano DEX projects for you to choose from, each with a different take on the DEX concept and the way of managing a decentralized exchange protocol.

Listed here are Cardano DEX projects that are based on both the automated market maker (AMM) and the traditional order book style of exchange. Both types of DEX on Cardano, like any other exchange, require a good amount of liquidity to operate effectively. This leads many to say that the best Cardano DEX is the one with the most liquidity. However, there are many other factors that the users of these DEXes would tell you to take into account before deciding which is the best Cardano DEX, and which one you should interact with (although a high amount of liquidity is a good indicator for users).

Interestingly, many Cardano exchanges, such as Sundaeswap, use the concept of “batchers” to collect, order, and execute transactions. This reliance on a small group of batchers to order and execute user transactions reduces the decentralized nature these exchanges as these entities could easily collude to front run transactions from particular wallets or to censor transactions from other wallets.

DeFi

Here are all the Cardano DeFi projects complete with descriptions and tags. If you’re looking for a Cardano DeFi exchange, a lending protocol, a launchpad, a Cardano stablecoin, or platforms on which to tokenize real world assets then you’ve come to the right place. The Cardano DeFi ecosystem is maturing and, as it does, we will continue to list the new Cardano DeFi projects here. If you look at Cardano in 5 years this list will be substantially different, some projects will have left it, but many many more will have been added.

If you’re looking to simply swap Cardano native tokens then a Cardano DEX is your best choice. If you’re looking to utilize your crypto holdings for a loan then take a look at all the Cardano lending and borrowing platforms on offer and choose which one fits your needs. There is much more utility in the Cardano DeFi world and we invite you to explore it here!

DAO

If a project on Cardano operates with a DAO that you’ll find it tagged and listed on this page. All of these Cardano DAO projects have, in some form or another, incorporated or plan to incorporate a DAO. Not all of them will be full autonomous and this may be for one of many reasons, be it that features are being released gradually, that they will never actually be a full and proper DAO (and this a debate for another time).

There are specific Cardano DAO projects listed here, and these are those that operate as a full DAO, who’s direction is guided by the votes of its members. Others on here are projects and protocols built on Cardano, and these can take various forms, including: DeFi projects, NFT projects, and gaming projects.

Regarding full Cardano DAO projects, these have been created around many different topics, the most popular being Cardano investment DAOs that invest in Cardano NFTs and tokens. However, there are other DAOs focused around things such as the development of open-sourced tooling, the growth of the DAO idea itself, and art.

Cross-Chain

The protocols and projects tagged here are interoperable with one or multiple other blockchains. Projects with this tag include those that provide the infrastructure of this inter-chain-operability, such as the providers of blockchain bridges, or they could be protocols or projects that operate across multiple chains by utilizing these blockchain bridges. There are also projects that can be cross-chain without these blockchain bridges, however these usually rely on a 3rd party, custodial entity to facilitate this, instead of a trustless, blockchain bridge.

AMM

AMM stands for Automated Market Maker. This is an algorithm, often supplemented by oracles, that facilitates the pricing and exchange of assets between users. Assets are exchanged at market value through liquidity pools. These pools are created by Liquidity providers, LPs, who deposit assets to the exchange in pairs. This “asset pair” then allows users to swap one asset for the other through the liquidity pool. Fees are paid to the LPs who provided the liquidity. The more liquidity a pair has the less “slippage” a user experiences, meaning the less likely the user is to experience a price change in their trade.

Cross-Chain Integration

Benefits for Blueshift ecosystem users

Liquidity Providers

BLUES holders

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