Crypto

Spectrum Protocol Second Roadmap

By I simon | Crytpo_Adventure_by_Ira | 3 Sep 2021


Just finished reading Spectrum Protocol second roadmap:

 

  https://spectrum-protocol.medium.com/?p=dc72ec70282f

 

 

Looking forward to the new capabilities:

1) single asset pools

2) Short Farming

3) borrowed asset farming

4) Fixed term SPEC staking

 

"Borrowed Farming works by borrowing assets from Single Asset vaults, user only provides UST to farm. You can farm with any assets (yes, ~400% APY SPEC vault included) at any time. You provide $100, you farm $100 ($50 UST, $50 Token) without over collateral. In addition, it requires less monitoring, auto-compound and auto-repay will improve the loan to value ratio (LTV) as you farm."

 

So far they have delivered what they planed in Roadmap 1. Also looking forward to completion of Audit.  Suggest everyone give Roadmap #2 a quick review.

 

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I simon
I simon

New crypto investor & avid photographer


Crytpo_Adventure_by_Ira
Crytpo_Adventure_by_Ira

My lessons learned by actually using Blockchain Networks and Defi Applications

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