All information below is not financial advice. Always DYOR
-What is Diamond Protocol?
Diamond is a community for good traders to meet on-chain liquidity. On diamond, investors can get access to good functional strategies and real returns before anybody else in the market. Simply saying Diamond Protocol is a Leveraged Liquidity Provision Platform built on top of Univ3. And Univ3 is concentrated liquidity makes liquidity pools more capital efficient, but also being a profitable LP is extremely hard.
-What makes it different from other DeFi products?
Diamond aims to expand the profit-generating avenues in DeFi to many new areas, like derivatives trading, cross-chain liquidity provision, integration of on-chain and off-chain systems, etc. Classical DeFi plans, Defi 1.0 tend to focus on proprietary lending coins, liquidity mining, etc., to provide yield.
-And what about the risks of investing?
There are always risk, with any DeFi investments. The protocol could be imperfect, and unknown parties could exploit the complicated mathematics model, but that’s why there is a community to make sure the protocol continues to innovate and strengthen. With risks, there are also rewards. Even buying gold bars will have risks as gold prices go up and down. The crux is not to have zero risk, it is to make educated and calculated risk, and Diamond can help you with that.
So how to turn this all into profit while the crypto’s downfall?!
First of all You can now earn 100%-300% Real Yield on your liquidity! Yes,It’s real. You can earn it on Diamond UniBot Factory. Diamond UniBot Factory is a platform built on the Arbitrum network that allows individuals to create their own Uniswap V3 liquidity-providing position with leverage by borrowing the volatile asset in the Uniswap pair. UniBot factory currently supports Uniswap's WETH/USDC 0.05%, and thus far participating traders in closed beta access have earned more than 400% fee APR on their positions. Diamond is a permissionless leveraged liquidity provision(LLP) platform with automation for concentrated liquidity pools Use the Power of UniV3 and increase Fee APY at the same time.
Here’s tutorial video, where you can learn how to operate with UniBot Factory. You might be interesting that on Diamond UniBot Factory you can also interact with leverage and range on your position.
Beside of UniBot Factory you can also enjoy Pool full of ETH with comfortable APR
If you have some idle ETH lying around, check out our diamond pool, the lending interest rate is crazy high right now.
If you Having both factory positions and ETH in the pool, so when you borrow, it does not hurt that much, 'cause you know the interest will go to you also.
One of another important thing is that Diamond Protocol is non-custodial and works on Arbitrum.
That means fast, low fees, great experience after Arbitrum Nitro (possibly future deployment on other L2).
Design:
To use Unibot, users provide liquidity in one token (currently USDC), and UniBot then lends the user a required amount of ETH from the lending pool -UniBot allows users to create a net long/short position on ETH to profit from LP and directional market moves.
What's been planned already then?
Diamond Automated Vaults (DAV) the one-stop shop that provides in-house liquidity provision strategies that were backtested and optimized(set and forget). More trading pairs in Uniswap V3 and be a cross-chain protocol in the future.
Here’re Diamond’s partners
Thank you for your time. Enjoy Diamond Protocol together with us.