Carbon Defi Community Update #2 - Beta Release

Carbon Defi Community Update #2 - Beta Release

Carbon Defi Community Update #2 - Beta Release

Carbon DeFi

Carbon DeFi

Carbon DeFi

Jun 21, 2023

Jun 21, 2023

Jun 21, 2023

In this update we’ll cover:

  • Carbon Beta Stats


  • Trading Competition + Top APRs


  • Integrations


  • Governance


  • Community & Content


Carbon Beta Network Stats

Carbon has seen a significant increase in user activity in recent weeks, with a large rise in strategies and trades executed via the carbondefi.xyz app, trade aggregators and directly onchain.


As of this writing, the Carbon beta has seen over $1.15M in liquidity deployed across 200 strategies, and over $500K in total volume. That’s a 267.41% increase in liquidity and 405.15% increase in volume in the past month.


Source


📊 Track Carbon network stats on analytics.carbondefi.xyz or on this brand new Dune dashboard.


Protocol Arbitrage

The Carbon arbitrage framework, powered by Fast Lane, continues to earn fees for the protocol while enabling efficient strategy execution. The Fast Lane recorded its largest daily protocol earnings to date on June 14th (2,658 BNT). Recent gas optimizations are expected to further improve arb efficiency.


🤖 Learn how to run your own arbitrage bot using Fast Lane, or get support in the Carbon Telegram channel.


Carbon’s ROI Trading Competition

Carbon’s ROI trading competition is live! Unleash your trading skills and compete with fellow community members to achieve the highest ROI. Win USDC for top-ranking strategies and swag along the way. The competition lasts until July 11, 2023, and existing strategies deployed before the competition’s start date also qualify —just claim the competition NFT on Galxe.


💰 More details: carbondefi.xyz/tradecarbon


One week into the competition, leading wallets are already posting double-digit APRs 👀


Breakdown of the top 3 leading strategies:

  1. Trader 0x6E..531


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.52% (78.81% APR)


  • Sell ETH range: 1975–2300 USDC


  • Buy ETH range: 1600–1850 USDC


Funding:

  • Start: 0.55529 ETH, 1008.37 USDC

  • Current: 0.99385 ETH, 272.56


2. Trader 0xBa..b67


  • Pair: WBTC/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.08% (55.75% APR)


  • Sell WBTC range: 27,187–31,000 USDC


  • Buy WBTC range: 19,750–25,603 USDC


Funding:

  • Start: 0 WBTC, 21,010 USDC


  • Current: 0.09713 WTBC, 18558.58 USDC


3. Trader 0x36..6f6


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 limits


  • ROI: 0.95% (49.20% APR)


  • Sell ETH limit: 2090 USDC


  • Buy ETH limit: 1710 USDC


Funding:

  • Start: 2.8 ETH, 4997 USDC


  • Current: 5.72254 ETH, 0 USDC


🏆 Think you’ve got what it takes? Enter to win today.


🎉 More ways to win: Incentivized Dappback tasks are also live, with USDC prizes up for grabs!


Integrations

InsurAce

You can now insure your Carbon strategies using InsurAce, one of the industry’s leading decentralized insurance protocols! As of this writing, there’s nearly $200K in capacity and rising!

🛡Get protected: https://app.insurace.io/coverage/buycovers


DeBank

A proposal to integrate Carbon is live on DeBank, a leading portfolio analyzer. Over $10m in total voter value has voted in support of the integration.

🗳 Support the initiative, and upvote the proposal: https://debank.com/proposal/5411


DEX Aggregators

Aside from Carbon’s existing integration with OpenOcean, a number of integrations with leading DEX aggregators are in the works and expected soon, so stay tuned!


Governance

There is a proposal in Bancor governance to create a protocol-owned strategy on Carbon valued at roughly $4–5 million using protocol-owned liquidity. The BancorDAO is currently discussing how to create the strategy and which token pair to create the strategy with. DAO participants have proposed using a stablecoin/stablecoin recurring strategy (e.g., USDC/USDT) or an ETH-LST/ETH-LST recurring strategy (e.g., rETH/wstETH) due to these token pairs trading in relatively predictable ranges and requiring minimal maintenance by the DAO.


🏛 See the proposal here: https://gov.bancor.network/t/consolidating-recent-proposals-by-alphavalion/4330


Community & Content

EthCC

Attending EthCC next month in Paris? Join us for a day dedicated to Token Engineering! Dr. Mark Richardson will present “Carbon — a Significant Change for Onchain Liquidity, and How We Designed it” on July 19th. More details


Carbon x Empire Podcast


Radix Podcast


Zeno: Backtesting Carbon Strategies


Spaces & Podcasts

Other content

In this update we’ll cover:

  • Carbon Beta Stats


  • Trading Competition + Top APRs


  • Integrations


  • Governance


  • Community & Content


Carbon Beta Network Stats

Carbon has seen a significant increase in user activity in recent weeks, with a large rise in strategies and trades executed via the carbondefi.xyz app, trade aggregators and directly onchain.


As of this writing, the Carbon beta has seen over $1.15M in liquidity deployed across 200 strategies, and over $500K in total volume. That’s a 267.41% increase in liquidity and 405.15% increase in volume in the past month.


Source


📊 Track Carbon network stats on analytics.carbondefi.xyz or on this brand new Dune dashboard.


Protocol Arbitrage

The Carbon arbitrage framework, powered by Fast Lane, continues to earn fees for the protocol while enabling efficient strategy execution. The Fast Lane recorded its largest daily protocol earnings to date on June 14th (2,658 BNT). Recent gas optimizations are expected to further improve arb efficiency.


🤖 Learn how to run your own arbitrage bot using Fast Lane, or get support in the Carbon Telegram channel.


Carbon’s ROI Trading Competition

Carbon’s ROI trading competition is live! Unleash your trading skills and compete with fellow community members to achieve the highest ROI. Win USDC for top-ranking strategies and swag along the way. The competition lasts until July 11, 2023, and existing strategies deployed before the competition’s start date also qualify —just claim the competition NFT on Galxe.


💰 More details: carbondefi.xyz/tradecarbon


One week into the competition, leading wallets are already posting double-digit APRs 👀


Breakdown of the top 3 leading strategies:

  1. Trader 0x6E..531


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.52% (78.81% APR)


  • Sell ETH range: 1975–2300 USDC


  • Buy ETH range: 1600–1850 USDC


Funding:

  • Start: 0.55529 ETH, 1008.37 USDC

  • Current: 0.99385 ETH, 272.56


2. Trader 0xBa..b67


  • Pair: WBTC/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.08% (55.75% APR)


  • Sell WBTC range: 27,187–31,000 USDC


  • Buy WBTC range: 19,750–25,603 USDC


Funding:

  • Start: 0 WBTC, 21,010 USDC


  • Current: 0.09713 WTBC, 18558.58 USDC


3. Trader 0x36..6f6


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 limits


  • ROI: 0.95% (49.20% APR)


  • Sell ETH limit: 2090 USDC


  • Buy ETH limit: 1710 USDC


Funding:

  • Start: 2.8 ETH, 4997 USDC


  • Current: 5.72254 ETH, 0 USDC


🏆 Think you’ve got what it takes? Enter to win today.


🎉 More ways to win: Incentivized Dappback tasks are also live, with USDC prizes up for grabs!


Integrations

InsurAce

You can now insure your Carbon strategies using InsurAce, one of the industry’s leading decentralized insurance protocols! As of this writing, there’s nearly $200K in capacity and rising!

🛡Get protected: https://app.insurace.io/coverage/buycovers


DeBank

A proposal to integrate Carbon is live on DeBank, a leading portfolio analyzer. Over $10m in total voter value has voted in support of the integration.

🗳 Support the initiative, and upvote the proposal: https://debank.com/proposal/5411


DEX Aggregators

Aside from Carbon’s existing integration with OpenOcean, a number of integrations with leading DEX aggregators are in the works and expected soon, so stay tuned!


Governance

There is a proposal in Bancor governance to create a protocol-owned strategy on Carbon valued at roughly $4–5 million using protocol-owned liquidity. The BancorDAO is currently discussing how to create the strategy and which token pair to create the strategy with. DAO participants have proposed using a stablecoin/stablecoin recurring strategy (e.g., USDC/USDT) or an ETH-LST/ETH-LST recurring strategy (e.g., rETH/wstETH) due to these token pairs trading in relatively predictable ranges and requiring minimal maintenance by the DAO.


🏛 See the proposal here: https://gov.bancor.network/t/consolidating-recent-proposals-by-alphavalion/4330


Community & Content

EthCC

Attending EthCC next month in Paris? Join us for a day dedicated to Token Engineering! Dr. Mark Richardson will present “Carbon — a Significant Change for Onchain Liquidity, and How We Designed it” on July 19th. More details


Carbon x Empire Podcast


Radix Podcast


Zeno: Backtesting Carbon Strategies


Spaces & Podcasts

Other content

In this update we’ll cover:

  • Carbon Beta Stats


  • Trading Competition + Top APRs


  • Integrations


  • Governance


  • Community & Content


Carbon Beta Network Stats

Carbon has seen a significant increase in user activity in recent weeks, with a large rise in strategies and trades executed via the carbondefi.xyz app, trade aggregators and directly onchain.


As of this writing, the Carbon beta has seen over $1.15M in liquidity deployed across 200 strategies, and over $500K in total volume. That’s a 267.41% increase in liquidity and 405.15% increase in volume in the past month.


Source


📊 Track Carbon network stats on analytics.carbondefi.xyz or on this brand new Dune dashboard.


Protocol Arbitrage

The Carbon arbitrage framework, powered by Fast Lane, continues to earn fees for the protocol while enabling efficient strategy execution. The Fast Lane recorded its largest daily protocol earnings to date on June 14th (2,658 BNT). Recent gas optimizations are expected to further improve arb efficiency.


🤖 Learn how to run your own arbitrage bot using Fast Lane, or get support in the Carbon Telegram channel.


Carbon’s ROI Trading Competition

Carbon’s ROI trading competition is live! Unleash your trading skills and compete with fellow community members to achieve the highest ROI. Win USDC for top-ranking strategies and swag along the way. The competition lasts until July 11, 2023, and existing strategies deployed before the competition’s start date also qualify —just claim the competition NFT on Galxe.


💰 More details: carbondefi.xyz/tradecarbon


One week into the competition, leading wallets are already posting double-digit APRs 👀


Breakdown of the top 3 leading strategies:

  1. Trader 0x6E..531


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.52% (78.81% APR)


  • Sell ETH range: 1975–2300 USDC


  • Buy ETH range: 1600–1850 USDC


Funding:

  • Start: 0.55529 ETH, 1008.37 USDC

  • Current: 0.99385 ETH, 272.56


2. Trader 0xBa..b67


  • Pair: WBTC/USDC


  • Strategy type: recurring, 2 ranges


  • ROI: 1.08% (55.75% APR)


  • Sell WBTC range: 27,187–31,000 USDC


  • Buy WBTC range: 19,750–25,603 USDC


Funding:

  • Start: 0 WBTC, 21,010 USDC


  • Current: 0.09713 WTBC, 18558.58 USDC


3. Trader 0x36..6f6


  • Pair: ETH/USDC


  • Strategy type: recurring, 2 limits


  • ROI: 0.95% (49.20% APR)


  • Sell ETH limit: 2090 USDC


  • Buy ETH limit: 1710 USDC


Funding:

  • Start: 2.8 ETH, 4997 USDC


  • Current: 5.72254 ETH, 0 USDC


🏆 Think you’ve got what it takes? Enter to win today.


🎉 More ways to win: Incentivized Dappback tasks are also live, with USDC prizes up for grabs!


Integrations

InsurAce

You can now insure your Carbon strategies using InsurAce, one of the industry’s leading decentralized insurance protocols! As of this writing, there’s nearly $200K in capacity and rising!

🛡Get protected: https://app.insurace.io/coverage/buycovers


DeBank

A proposal to integrate Carbon is live on DeBank, a leading portfolio analyzer. Over $10m in total voter value has voted in support of the integration.

🗳 Support the initiative, and upvote the proposal: https://debank.com/proposal/5411


DEX Aggregators

Aside from Carbon’s existing integration with OpenOcean, a number of integrations with leading DEX aggregators are in the works and expected soon, so stay tuned!


Governance

There is a proposal in Bancor governance to create a protocol-owned strategy on Carbon valued at roughly $4–5 million using protocol-owned liquidity. The BancorDAO is currently discussing how to create the strategy and which token pair to create the strategy with. DAO participants have proposed using a stablecoin/stablecoin recurring strategy (e.g., USDC/USDT) or an ETH-LST/ETH-LST recurring strategy (e.g., rETH/wstETH) due to these token pairs trading in relatively predictable ranges and requiring minimal maintenance by the DAO.


🏛 See the proposal here: https://gov.bancor.network/t/consolidating-recent-proposals-by-alphavalion/4330


Community & Content

EthCC

Attending EthCC next month in Paris? Join us for a day dedicated to Token Engineering! Dr. Mark Richardson will present “Carbon — a Significant Change for Onchain Liquidity, and How We Designed it” on July 19th. More details


Carbon x Empire Podcast


Radix Podcast


Zeno: Backtesting Carbon Strategies


Spaces & Podcasts

Other content

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Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs

Carbon DeFi Logo

Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs

Carbon DeFi Logo

Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs