Spectrum Neuigkeiten

There are a lot of changes coming up for the Spectrum brand including the introduction of Splash and Spectrum Network updates.

What is Spectrum Network?

Spectrum Network focuses on solving the interoperability problem. It's a blockchain that connects various blockchains.

The core focus of Spectrum Network: ✅ Security ✅Decentralisation ✅Elimination of wrapped assets ✅Develop cross-chain dApps

What happens to the SPF Token?

There's a common misconception that SPF is a Spectrum Dex utility token. However, it's actually Spectrum Network's native currency. We want to draw a clear line between the blockchain and the dex on Cardano to focus on the two brands separately.

SPF was and remains the cornerstone of the Spectrum Network, securing its consensus and playing a pivotal role in its PoS mechanism. Its fair distribution across Ergo and Cardano is a testament to its foundational significance in the future interconnected blockchain ecosystem.

Why is separation important for moving forward?

The two projects have different goals, users and value propositions. We have decided to make a clear line:

• Keep Spectrum brand for Spectrum Network - the blockchain
• Spinoff Spectrum DEX into its own entity - Splash Protocol

Spectrum DEX becoming Splash is far from just a name change. We have a grand vision for Splash and are looking forward to sharing it with you soon!

https://vxtwitter.com/SpectrumLabs_/status/1701744027656163542

https://m.youtube.com/watch?v=cExVAyNjWI0

Hello, I'm Yasha from the Spectrum Finance team. We would like to engage with the Cardano community to discuss the present state of DeFi within the ecosystem. We have identified several issues that need to be addressed in order to enhance liquidity and fully realize the potential of Cardano DeFi.

We introduce the Spectrum Bloom framework that is aimed to address such problems as lack of transparency, centralization, capital inefficiency, and poor composability.

Do you as a community member feel and care about those problems?

TL;DR of the solutions to those problems

1.Explicit order routing. Imagine an open network of batchers where each of them is rated by users. The faster a batcher executes orders the more his rating. Such kind of system forces batchers to improve their solutions to execute orders faster and faster to earn more fees. As a result, we get a self-developing, open, and composable DeFi ecosystem that serves the end-user.

2.Green orders. Currently, one order = two blockchain transactions which is quite inefficient. Green orders are off-chain orders secured by cryptography. With green orders, only 1 blockchain transaction is required. As a result, we get faster (near instant) execution and two times lower fees.

3.Universal orders. With the above, it becomes possible to construct complex orders that use different liquidity sources maximizing capital efficiency. Imagine swapping 1,000,000 ADA for a stablecoin. With the current liquidity, you will have a significant loss due to slippage. However, if the ecosystem adopts the solutions above, your 1,000,000 ADA will be split between different DeFi protocols IN ONE ORDER (not only DEXes) and you will get THE BEST possible price. Fees will remain low.

The whitepaper is here 👉 https://spectrum.fi/spectrum_bloom_wp.pdf

Let us know your thoughts to provide better DeFi to you.

Spectrum Bloom is a foundation for building a sustainable, self-developing DeFi ecosystem on Cardano and Ergo. By realizing the true potential of extended-UTxO it will deliver the best user experience in the industry and eliminate MEV.

Just wondering. I know most aren’t allowed to give financial advice. Perhaps you can just share a thought. What liquidity pair (yield farming) would earn the most SPF (Spectrum Finance token)?

The options I saw were:

OPT - Option Flow Token AGIX - Singularity Net AGIX Token IAG - IAGON cBTC - cBTC DJED - Djed USD LENFI - Lenfi DAO token STABLE - Stablecoin cNeta - anetaBTC INDY - Indigo DAO Token SNEK - Snek SHEN - Shen USD HOSKY - HOSKY Token PAVIA - PAVIA Token CLAY - CLAY LQ - Liqwid DAO Token NMKR - NMKR MELD - MELD C3 - CHARLI3 SOCIETY - SOCIETY BANK - Bankercoin LIFI - Linkage Finance Token iBTC - iBTC XRAY - XRAY NTX - NuNet Utility Token iETH -iETH COPI - Cornucopias Token iUSD - iUSD

or perhaps is there a combination that works for you on a different Decentralized Exchange that you’re using?