Today you will learn more about ecosystem dapps in Fuel. So let’s start!
Aerv Finance
Today, the topic of LST (liquid staking) is very interesting and hype in the WEB3 world. Aerv Finance will be launching two products to provide Ethereum liquidity on the Fuel ecosystem, namely ETH Bridge and ETH Staking.
What problem is Aerv solving?
There is a huge problem with the underutilisation of ETH locked in pre-L2 transition contracts, Aerv intends to maximise this value by locking in all ETH that is fermented into Fuel.
ETH Bridge:
ETH Bridge will allow users to bridge over their ETH holdings to Fuel but the key component being that instead of ordinary wETH they will receive interest bearing avETH while their ETH holdings earn staking rewards on the Ethereum mainnet.
ETH Staking:
ETH Staking will allow those who initially chose not to receive an interest bearing version of ETH when bridging over, to stake wETH directly from Fuel.
Acumen StableDapp
Introduce
The Acumen Stabledapp is the core application of the Acumen Protocol, the Stabledapp allows users to browse both Fixed and Senior Pools. Through the Stabledapp Stablecoin holders can deposit in the Fixed Pools or provide liquidity to the Senior Pool.
Acumen Fixed Pools
Acumen offers Fixed Pools that enable users to participate in tokenized Real World Asset pools. These pools provide an opportunity for stablecoin holders to earn an attractive, stable, uncorrelated yield. Acumen has designed the Fixed Pools to cater to various risk profiles, allowing users to allocate funds according to their comfort levels.
The Fixed Pools encompass a wide array of tokenization deals from third party entities, facilitated through the Acumen platform. This includes diverse offerings such as loans backed by Real Estate or the corporate debt of publicly traded companies.
Acumen Pool Risks
Acumen DAO assumes no liability or responsibility for any errors or omissions in the description of the pools. Acumen DAO does not endorse or represent the completeness, reliability or accuracy of any content or information distributed through or accessed from the protocol website, and has not performed any investigation into such information. We make no representation or warranty regarding the legality or compliance of any offering in your jurisdiction.
Seda Protocol
Introduce of SEDA
SEDA (Secure and Efficient Data Access) is a blockchain protocol that aims to redefine the standards for data transport, access, and querying across diverse data types and sources. It is designed as a fully modular data layer that facilitates the seamless integration of data feeds into blockchain networks without the need for native deployments. This enables developers to fetch and utilize data for computations directly within their applications or smart contracts, ensuring compatibility and integration across different blockchain environments.
Background and Team
The development of SEDA is led by a team of blockchain and data experts, although specific details about the founders or lead team members are not disclosed in the available resources. The project leverages established technologies like the Cosmos SDK and Ethereum 2.0 staking concepts, indicating a strong foundation in contemporary blockchain technology and security practices.
Sail
What is Sail?
Sail, is a Dercentralized Exchange(DEX) that’s designed from the ground up to be lightweight, composable, and extremely performant.
Current implementations of order books on-chain do not meet demand because they have low throughput, contribute heavily to state bloat, or are not fully decentralized. Sail is a Central Limit Order Book exchange built on the FuelVM. We take advantage of the FuelVM’s performance improvements to make for a better experience for traders. The exchange is fully on-chain permissionless and low state.
The state of DEX’s
To date, there have been no scalable onchain order book solutions for DeFi on Ethereum. This is mainly because any possible solution would have too high state bloat, not enough speed, require offchain components, or be unable to keep costs low. AMMs are a novel solution for creating decentralized exchanges but come with many downsides. Uniswap v3 alone costs traders ~$600M to impermanent loss. Onchain order books solve this.
The new architecture that is uniquely enabled by Fuel is a fully onchain order book using predicates. With predicates, there is no expensive writing to state problem because creating an order is just a simple transfer, as long as there is some data availability layer that allows the public to observe the orders that exist somewhere, they can fully be verified onchain by checking the balance of the predicate.
How Sail works
Sail has three major differentiators, third-party matching, low state, and a design that enables extensibility.
It incentivizes matchers through a fee system, further fostering a vibrant ecosystem of engaged participants.
Through a client on your local machine, you possess the ability to tailor order creation, defining the conditions under which someone can fulfill your order. Meanwhile, the brilliance of order matching lies in its accessibility, open to anyone invoking a matching function from their machine, with all existing orders transparently visible.
PEPA
What is PEPA
PEPA is a gamified DeFi service aggregator that seamlessly fuses the excitement of Web3 gaming with the innovative world of DeFi in an unified hub, revolutionizing user engagement and amplifying returns. Our state-of-the-art simulation and multiplayer strategy game empowers players by offering unique in-game items, tokens, and valuable rewards, all while interacting with a comprehensive range of DeFi products such as lending, DEX, perpetuals, liquidity mining, LSD and more.
By lowering the barrier to enter the Web 3 ecosystem, we’re democratizing access and fostering widespread participation. As a chain-agnostic platform, we attract a diverse range of users to interact with multiple blockchains’ ecosystems, further strengthening the networks and fostering growth.
Our vision is to onboard the next millions of users by empowering players, transforming DeFi, and redefining web 3 engagement.
Conlusion
You’ve noticed how the Fuel ecosystem is growing rapidly, and so are we.
are a big part of Fuel, so we need to support these startups, you can find more dapps here: https://app.fuel.network/ecosystem
But all of these projects are just starting their journey with Fuel, so be patient to wait for them to perfect their projects.
