# About us

The Marketplace for Decentralized Automated Trading Strategies in Ethereum

<figure><img src="/files/ewhlOyd1ipSdsZeF5t7l" alt=""><figcaption></figcaption></figure>

## Introducing "Infinite Trading"&#x20;

&#x20;  [ Infinite Trading](/introduction/infinite-trading-app) is a platform that revolutionizes automated trading strategies within the Ethereum ecosystem, including its layer two solutions such as Optimism, Arbitrum, Base, and it's sidechain Polygon PoS. Powered by artificial intelligence and incorporating advanced yield farming strategies, Infinite Trading offers users a seamless and fully automated trading experience.&#x20;

&#x20;    Infinite Trading combines the power of automation, AI, and decentralized finance to empower users with unparalleled trading opportunities. By providing a user-friendly interface, access to a diverse range of strategies, and customizable services, Infinite Trading aims to revolutionize the way traders engage with the world of digital assets and automated trading. Most of the strategies of Infinite Trading are hosted in dHedge and DeFund protocols which are non-custodial asset management platforms that allow managers to create decentralized funds.


# What is Ethereum?

The foundation for our digital future

![](https://d33wubrfki0l68.cloudfront.net/ad478f99ccbbcaa3b416f1a674df3bb948c61fe2/030ba/static/4d030a46f561e5c754cabfc1a97528ff/eb4be/impact_transparent.png)

A complete beginner's guide to how Ethereum works, the benefits it brings and how it's being used by millions of people around the world.

![Illustration of a person peering into a bazaar, meant to represent Ethereum](https://d33wubrfki0l68.cloudfront.net/31865d268f0a9d200e0310a08eb85241c4c6a9ec/b907d/static/e7a074a56d991c4f9e65857bafa0f053/4e848/what-is-ethereum.png)

### Summary

Ethereum is a network, made up of many communities, and a set of tools which enable people to transact and communicate without being controlled by a central authority. There is no need to hand over all your personal details to use Ethereum - you keep control of your own data and what is being shared. Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network.

Still confused? Let's explain everything step-by-step.

![](https://d33wubrfki0l68.cloudfront.net/38bfbde028f3272f1adb05d7f5ff2f108d400212/09432/static/0feeac3f7182fbfa52ee3aa146840325/cc5ca/wallet.png)

### What is a cryptocurrency?

Crypto (short for cryptocurrency) is a new form of digital money powered by cryptography.

It all started in 2008 with Bitcoin. You could use it to send funds to anyone anywhere globally. What made crypto different from normal bank transfers or other financial services like Paypal or Alipay is that there was no middleman for the first time.

Wait, what is a middleman?

A middleman is a central authority like a bank or government that intervenes in a transaction between the sender and recipient. They have the power to surveil, censor or revert transactions and they can share the sensitive data they collect about you with third parties. They also often dictate which financial services you have access to.

Things are different with crypto. Transactions directly connect sender and recipient without having to deal with any central authority. Nobody else will have access to your funds and nobody can tell you what services you can use. This is possible because of the blockchain technology upon which cryptocurrencies operate.

A blockchain is a database of transactions that is updated and shared across many computers in a network. Every time a new set of transactions is added, its called a “block” - hence the name blockchain. Most blockchains are public, and you can only add data, not remove. If someone wanted to alter any of the information or cheat the system, they’d need to do so on the majority of computers on the network. That is a lot! This makes established blockchains like Ethereum highly secure.

![](https://d33wubrfki0l68.cloudfront.net/17d0469bcea0d22255c8f5ec3be26283102e6df1/09508/static/ddb9a22d53fdaaae70c0a0d94577f2aa/6816c/eth.png)

### What is the difference between Ethereum and Bitcoin?

Launched in 2015, Ethereum builds on Bitcoin's innovation, with some big differences.

Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also build and deploy decentralized applications on its network.

Bitcoin enables us to send basic messages to one another about what we think is valuable. Establishing value without authority is already powerful. Ethereum extends this: rather than just messages, you can write any general program, or contract. There is no limit to the kind of contracts which can be created and agreed upon, hence great innovation happens on the Ethereum network.

While Bitcoin is only a payment network, Ethereum is more like a marketplace of financial services, games, social networks and other apps that respect your privacy and cannot censor you.

### What can Ethereum do?

![🏦](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f3e6.svg)

#### Banking for everyone

Not everyone has access to financial services. But all you need to access Ethereum and its lending, borrowing and savings products is an internet connection.

![🕵](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f575.svg)

#### A more private internet

You don't need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance.

![👥](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f465.svg)

#### A peer-to-peer network

Ethereum allows you to move money, or make agreements, directly with someone else. You don't need to go through intermediary companies.

![🛡️](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f6e1.svg)

#### Censorship-resistant

No government or company has control over Ethereum. This decentralization makes it nearly impossible for anyone to stop you from receiving payments or using services on Ethereum.

![🛍️](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f6cd.svg)

#### Commerce guarantees

Customers have a secure, built-in guarantee that funds will only change hands if you provide what was agreed. Likewise, developers can have certainty that the rules won't change on them.

![🤝](https://cdnjs.cloudflare.com/ajax/libs/twemoji/12.0.4/2/svg/1f91d.svg)

#### All products are composable

Since all apps are built on the same blockchain with a shared global state, they can build off each other (like legos). This allows for better products and experiences being built all the time.

![](https://d33wubrfki0l68.cloudfront.net/c31e43b21f797d1750d0fae19e3c9895aeca81d2/f2f83/static/a0f00bb81aaf3743c3d42c8270451781/2f758/newrings.png)

### Why would I use Ethereum?

If you’ve ever sent money overseas (or plan to), or had to worry about the future of your assets due to external forces outside of your control where you live, or been fed up by the numerous restrictions and fees imposed by traditional financial institutions for everyday transactions, you might be interested in what cryptocurrencies have to offer.

If you're interested in more resilient, open, and trustworthy ways to create and share value, Ethereum is for you. Ethereum is a story that is written by all of us, so come and discover what incredible worlds we can build with it together.

#### Cheaper and Faster Crossborder Payments

Stablecoins are a novel type of cryptocurrency that relies on a more stable asset as the basis for its value. Most of them are linked to the United States dollar and therefore maintain the value of that currency. These allow for a very cheap and stable global payment system. Many current stablecoins are built on the Ethereum network.

Ethereum and stablecoins simplify the process of sending money overseas. It often takes only few minutes to move funds across the globe, as opposed to the several business days or even weeks that it may take your average bank, and for a fraction of the price. Additionally, there is no extra fee for making a high value transaction, and there are zero restrictions on where or why you are sending your money.

#### The Quickest Help in Times of Crisis

If you are lucky enough to have multiple banking options through trusted institutions where you live, you may take for granted the financial freedom, security and stability that they offer. But for many people around the world facing political repression or economic hardship, financial institutions may not provide the protection or services they need.

When war, economic catastrophes or crackdowns on civil liberties struck the residents of [Venezuela(opens in a new tab)](https://time.com/5486673/bitcoin-venezuela-authoritarian/), [Cuba(opens in a new tab)](https://www.economist.com/the-americas/2021/10/30/cubas-communist-regime-is-trying-to-control-crypto), [Afghanistan(opens in a new tab)](https://www.aljazeera.com/news/2022/3/21/crypto-provides-fix-for-some-in-crisis-hit-afghanistan), [Nigeria(opens in a new tab)](https://qz.com/africa/1922466/how-bitcoin-powered-nigerias-endsars-protests/), [Belarus(opens in a new tab)](https://www.euronews.com/my-europe/2021/12/22/meet-the-ngo-turning-to-cryptocurrencies-to-help-desperate-belarusians), and [Ukraine(opens in a new tab)](https://internationalbanker.com/finance/cryptocurrencies-filling-crucial-role-in-the-russia-ukraine-conflict/), cryptocurrencies constituted the quickest and often the only option to retain financial agency.[1(opens in a new tab)](https://www.financialinclusion.tech/) As seen in these examples, cryptocurrencies like Ethereum can provide unfettered access to the global economy when people are cut off from the outside world. Additionally, stablecoins offer a store of value when local currencies are collapsing due to superinflation.

#### Empowering Creators

In 2021 alone, artists, musicians, writers, and other creators used Ethereum to earn around $3.5 billion collectively. This makes Ethereum one of the largest global platforms for creators, alongside Spotify, YouTube, and Etsy. [Learn more(opens in a new tab)](https://stark.mirror.xyz/q3OnsK7mvfGtTQ72nfoxLyEV5lfYOqUfJIoKBx7BG1I).

#### Empowering Gamers

Play to earn games (where players are actually rewarded for playing the games) have recently emerged and are transforming the gaming industry. Traditionally, it is often prohibited to trade or transfer in-game assets to other players for real money. This forces players to use black market websites that are often a security risk. Blockchain gaming embraces the in-game economy and promotes such behavior in a trusted manner.

Moreover, players are incentivized by being able to trade in-game tokens for real money and thus being truly rewarded for their play time

### Meet ether, Ethereum's cryptocurrency

Ethereum has a native cryptocurrency called ether (ETH). It is purely digital, and you can send it to anyone anywhere in the world instantly. The supply of ETH isn’t controlled by any government or company - it is decentralized and completely transparent. New coins (also commonly called tokens) are issued only to stakers who secure the network.

Every action on the Ethereum network requires a certain amount of computational power. This fee is paid in the form of ether. This means you need at least a small amount of ETH to use the network.

![](https://d33wubrfki0l68.cloudfront.net/074bda010ea15c853c5de489abc62e861d295757/4750d/static/5d3af9eb308978e7a078bf51022d8a5c/45a2a/merge.png)

### What can I do with ETH coins?

Turns out: a lot of things! One of the most prominent usages of the Ethereum technology is decentralized finance (DeFi) that opens entire areas of banking services to anybody with an internet connection. You can use your ether as a collateral to take out loans or provide liquidity to earn interest on your funds.

![](https://d33wubrfki0l68.cloudfront.net/a072c674e74c95c597ad7dc23236ca562b48f787/12e1c/static/dbf666200848e8f160f485972460b177/de37a/ethereum-inside.png)

### Who runs Ethereum?

Ethereum is not controlled by any one entity. It exists solely through the decentralized participation and cooperation of the community. Ethereum makes use of nodes (a computer with a copy of the Ethereum blockchain data) run by volunteers to replace individual server and cloud systems owned by major internet providers and services.

These distributed nodes, run by individuals and businesses all over the world, provide resiliency to the Ethereum network infrastructure. It is therefore much less vulnerable to hacks or shutdowns. Since its launch in 2015, Ethereum has never suffered downtime. There are thousands of individual nodes running Ethereum network. This makes Ethereum one of the most decentralized cryptocurrencies out there, second only to bitcoin.

![](https://d33wubrfki0l68.cloudfront.net/46581706b3683b644545f5daf963c6606911aad0/59fe2/static/a44134e541c72364beb121234ab5864e/7a31d/infrastructure_transparent.png)

### What are smart contracts?

Smart contracts are simply computer programs living on the Ethereum blockchain. They only execute when triggered by a transaction from a user (or another contract). They make Ethereum very flexible in what it can do and distinguish it from other cryptocurrencies. These programs are what we now call decentralized apps, or dapps.

Have you ever used a product that changed its terms of service? Or removed a feature you found useful? Once a smart contract is published to Ethereum, it will be online and operational for as long as Ethereum exists. Not even the author can take it down. Since smart contracts are automated, they do not discriminate against any user and are always ready to use.

Popular examples of smart contracts are lending apps, decentralized trading exchanges, insurance, crowdfunding apps - basically anything you can think of.

![](https://d33wubrfki0l68.cloudfront.net/a279b9863f3f2a1b209414a4f9ef38312731f694/aceca/static/0453c88b09ddaa2c7e7552840c650ad2/94084/finance_transparent.png)

### I heard crypto is being used as a tool for criminal activity. Is this true?

Like any form of money, some of it will be misused. However, because all Ethereum transactions happen on an open blockchain, it’s often easier for authorities to track illicit activity than it would be in the traditional financial system, arguably making Ethereum a less appealing choice for those who would rather go undetected.

Crypto is used much less than fiat currencies for criminal purposes according to the key findings of a recent report by Europol, the European Union Agency for Law Enforcement Cooperation:

*“The use of cryptocurrencies for illicit activities seems to comprise only a small part of the overall cryptocurrency economy, and it appears to be comparatively smaller than the amount of illicit funds involved in traditional finance.”*

* [Europol Spotlight - Cryptocurrencies - Tracing the evolution of criminal finances.pdf(opens in a new tab)](https://www.europol.europa.eu/publications-events/publications/cryptocurrencies-tracing-evolution-of-criminal-finances#downloads) EN (1.4 MB)
* [Chainalysis (2021), The 2021 Crypto Crime report(opens in a new tab)](https://go.chainalysis.com/2021-CryptoCrime-Report.html) EN

### What about Ethereum's energy consumption?

On September 15, 2022, Ethereum went through The Merge upgrade which transitioned Ethereum from proof-of-work to proof-of-stake.

The Merge was Ethereum's biggest upgrade and reduced the energy consumption required to secure Ethereum by 99.95%, creating a more secure network for a much smaller carbon cost. Ethereum is now a low-carbon blockchain while boosting its security and scalability.


# Scaling Solutions

&#x20;  Ethereum scaling solutions are technologies that make Ethereum faster and more efficient. Two popular solutions are Polygon and Optimism. These solutions help reduce transaction costs and speed up the network by processing transactions in a different way. Polygon acts like a special area connected to Ethereum, making transactions quicker and cheaper. Optimism uses a technique called Optimistic Rollups to bundle transactions together, making Ethereum handle more transactions at once. These solutions are important because they improve Ethereum's ability to handle lots of users and make it easier for people to use decentralized applications.


# What Is Polygon?

### What Is Polygon (MATIC)? <a href="#mntl-sc-block_1-0" id="mntl-sc-block_1-0"></a>

Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale. Polygon—"Ethereum's internet of blockchains"— launched under the name Matic Network in 2017.

The Polygon platform operates using the Ethereum blockchain and connects Ethereum-based projects. Using the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project while still affording the security, interoperability, and structural benefits of the [Ethereum](https://www.investopedia.com/terms/e/ethereum.asp) blockchain.<br>

MATIC is an [ERC-20](https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/) token, meaning that it's compatible with other Ethereum-based digital currencies. MATIC is used to govern and secure the Polygon network and to pay network transaction fees.<br>

#### Key Takeaways <a href="#mntl-sc-block-callout-heading_1-0" id="mntl-sc-block-callout-heading_1-0"></a>

* The Polygon platform, powered by the MATIC token, was launched to connect and grow Ethereum-compatible projects and blockchains.
* MATIC tokens are used to govern and secure the Polygon network and pay transaction fees.
* Polygon uses a modified proof-of-stake [consensus mechanism](https://www.investopedia.com/terms/c/consensus-mechanism-cryptocurrency.asp) to efficiently operate the platform.

### Understanding Polygon <a href="#mntl-sc-block_1-0-9" id="mntl-sc-block_1-0-9"></a>

Polygon uses a modified [proof-of-stake](https://www.investopedia.com/terms/p/proof-stake-pos.asp) consensus mechanism that enables a consensus to be achieved with every block. (Achieving consensus using traditional proof-of-stake requires processing many blocks to achieve consensus.) The proof-of-stake method requires network participants to stake—agree to not trade or sell—their MATIC, in exchange for the right to validate Polygon network transactions. Successful validators in the Polygon network are rewarded with MATIC.

The Polygon network, as a secondary scaling solution, aims to address the limitations of the Ethereum platform—namely high transaction fees and slow transaction processing speeds. Polygon can:

* Deploy existing blockchain networks and develop custom blockchains
* Enable communication between Ethereum and other blockchains
* Help existing [blockchain](https://www.investopedia.com/terms/b/blockchain.asp) networks to become compatible with Ethereum<br>

Polygon has committed $100 million to projects enabling the transition to decentralized internet, otherwise known as Web 3.0.

Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. The platform now supports over 7,000 blockchain-based projects.

### Advantages and Disadvantages of Polygon <a href="#mntl-sc-block_1-0-20" id="mntl-sc-block_1-0-20"></a>

You may be wondering about the major strengths and weaknesses of Polygon. Especially if you are considering buying MATIC, keep reading to understand Polygon's advantages and disadvantages.

Polygon's strengths include:

* **Ability to process transactions quickly:** By using a consensus mechanism that completes the transaction confirmation process in a single block, Polygon can maintain fast transaction processing speeds. Polygon's average block processing time is 2.1 seconds.
* **Transaction fees are consistently low:** Polygon keeps its fees to use the platform low, with a typical transaction fee of around $0.01.

Polygon's weaknesses include:

* **Not an autonomous blockchain:** Polygon is a Layer 2 solution that works atop the Ethereum platform. If the Ethereum platform experiences serious disruptions or ceases to exist, then Polygon would likely lose its value.
* **Limited use cases for MATIC:** The MATIC token is designed to govern and secure the Polygon platform and pay transaction fees. Unlike some digital currencies, MATIC is not generally used for everyday purchases.<br>

### Polygon vs. Ethereum <a href="#mntl-sc-block_1-0-31" id="mntl-sc-block_1-0-31"></a>

Polygon is a secondary scaling solution that is compatible with and complements the Ethereum blockchain. Polygon aims to improve upon Ethereum as a blockchain development network. Polygon complements Ethereum by providing additional features relating to security, blockchain sovereignty, user and developer experience, and modularity.

Both Ethereum and Polygon use a modified proof-of-stake mechanism that enables transactions to be processed quickly and cheaply. (Ethereum officially switched to a proof-of-stake consensus mechanism in 2022.)

### Future of Polygon <a href="#mntl-sc-block_1-0-36" id="mntl-sc-block_1-0-36"></a>

Polygon launched Polygon Studios, a subsidiary of Polygon that focuses on blockchain gaming and [non-fungible tokens](https://www.investopedia.com/non-fungible-tokens-nft-5115211) (NFTs), in 2021. Polygon Studios, if successful, could establish Polygon as a leading technology provider for decentralized gaming and NFTs.

In Jan. 2022, Polygon got a new chief executive officer (CEO). Ryan Watts has joined Polygon from YouTube, where he was the head of gaming.

### How Much Are MATIC Coins Worth?

For most of their history, Polygon's MATIC tokens have [traded](https://www.investopedia.com/terms/t/trade.asp) for less than 5 cents. MATIC's price has appreciated significantly but has remained below $3.00. MATIC was trading for around $0.75 as of September 22, 2022.

### How Many Polygon Coins Are There?

The maximum supply of MATIC is 10 billion [tokens](https://www.investopedia.com/terms/c/crypto-token.asp). The majority—8.73 billion MATIC—have already been issued.

### How Can I Buy MATIC?

The easiest way to buy Polygon's MATIC tokens is through a major cryptocurrency exchange. You can establish an account with an exchange like [Coinbase or Kraken](https://www.investopedia.com/kraken-vs-coinbase-5120700), and then fund the account with your local currency. You also need a digital wallet, which can be self-hosted or hosted by the cryptocurrency exchange.

### The Bottom Line <a href="#mntl-sc-block_1-0-47" id="mntl-sc-block_1-0-47"></a>

Polygon (MATIC) is a cryptocurrency and a technology platform that was launched to connect and grow Ethereum-compatible projects and blockchains. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees and investors can buy MATIC tokens on exchanges such as Coinbase or Kraken.


# What is Optimism ?

### Fast, stable, scalable Ethereum.

OP Mainnet is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. Built as a minimal extension to existing Ethereum software, OP Mainnet's EVM-equivalent architecture scales your Ethereum apps without surprises. If it works on Ethereum, it works on OP Mainnet at a fraction of the cost.

#### OP Mainnet goes Superchain

The Superchain project seeks to maximize interoperability and composability between different chains using the OP Stack, and integrate siloed L2s into a single, cohesive layer.

OP Stack

The modular code powering OP Mainnet and the Superchain.

[View docs](http://stack.optimism.io/)

The Superchain

Building towards a unified future that doesn’t fracture our ecosystems, our applications, or our ability to work together.

[Get in touch](https://forms.monday.com/forms/055862bfb7f4091be3db2567288296f8?r=use1)

**Developer resources**

Everything you need to get started building on OP Mainnet, all in one place.


# What is Base ?

Coinbase BASE Ethereum L2 Chain Information

Cryptocurrency and blockchain technology have changed the way we think about finance, data security, and decentralized applications (dApps). As these technologies evolve, scalability and efficiency become increasingly important factors.

This is where [Base Chain](https://www.base.org/), Coinbase's Layer-2 (L2) network, steps in. From DeFi apps to open-world gaming and loyalty programs, projects are building on Base to make it easier for their users to transact on Ethereum.

**In this article, we'll explore what Base Chain is, how it works, its benefits, use cases, challenges, and more.**

**Base Chain** is an **Ethereum Layer-2 blockchain** network developed **by Coinbase**. It is designed to improve scalability, performance, and interoperability while reducing transaction costs and settlement time on the Ethereum network. As a decentralized platform, Base supports a wide range of dApps and smart contracts.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/base%20logo.png" alt="An image of the Base logo"><figcaption><p>(<a href="https://base.mirror.xyz/jjQnUq_UNTQOk7psnGBFOsShi7FlrRp8xevQUipG_Gk">Image source</a>)</p></figcaption></figure>

Base Chain emerged from [Coinbase's](https://www.coinbase.com/) attempt to create a more efficient and scalable blockchain ecosystem. It utilizes [Optimism's](https://www.optimism.io/) OP Stack, a scalable and modular framework designed for Ethereum L2 networks. This foundation allows Base to integrate seamlessly with the Ethereum ecosystem while offering improved scalability and reduced gas fees.

**Decentralized applications (dApps) and smart contracts**

Base Chain serves as a platform for developing and deploying dApps and smart contracts. Its compatibility with Ethereum's toolsets, like [Solidity](https://soliditylang.org/) and [Truffle](https://archive.trufflesuite.com/), makes it easy for developers to create and deploy decentralized apps and smart contracts. This flexibility encourages a wide range of use cases, from decentralized finance (DeFi) to gaming and non-fungible tokens (NFTs).

### **How does Base work?** <a href="#how-does-base-work" id="how-does-base-work"></a>

Base Chain operates as a Layer-2 (L2) solution on top of Ethereum's Layer-1 (L1) blockchain. It uses a combination of on-chain and off-chain transaction processes to improve efficiency while aiming to maintain security.

Here's a deeper look at the key aspects of how Base works:

#### **Transaction processing** <a href="#transaction-processing" id="transaction-processing"></a>

Base's off-chain processing model works to significantly reduce costs and the load on Ethereum's mainnet. This is achieved through "**rollups**," where multiple transactions are bundled together into a single batch. This batch is then submitted to the L1 for validation, reducing the number of on-chain interactions while maintaining the security and immutability provided by Ethereum.

#### **OP Stack** <a href="#op-stack" id="op-stack"></a>

Specifically, Base utilizes an OP Stack modular framework via Optimistic Rollups. This is a rollup method where transactions are assumed to be valid ("optimistically") and are only challenged if an inconsistency or fraudulent activity is detected.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/opt.svg" alt="An image of the Optimism logo"><figcaption><p>Optimism's OP Stack is a key part of Base's structural makeup (<a href="https://dailycoin.com/what-is-optimism-crypto-ethereum-premier-layer-2/">Image source</a>)</p></figcaption></figure>

During this challenge window, validators can attempt to prevent incorrect transactions from being published on the mainnet. The OP Stack and optimistic approach minimize the need for on-chain validation, contributing to the scalability of the network.

#### **Ethereum interoperability** <a href="#ethereum-interoperability" id="ethereum-interoperability"></a>

Base Chain is designed to be fully interoperable with Ethereum. This allows for seamless interaction with Ethereum-based decentralized applications and smart contracts. Developers can leverage existing tools, like [Solidity](https://docs.soliditylang.org/en/v0.8.25/) and [Web3.js](https://web3js.readthedocs.io/en/v1.10.0/), to build and deploy applications on Base Chain.

### **Base security measures** <a href="#base-security-measures" id="base-security-measures"></a>

Base is designed to provide a high level of [security](https://base.mirror.xyz/_SiAx8dQRYJJ4lygkJc0QvBKvf16VVm7_-mdWMdFv20) while offering scalability and lower transaction fees. Here's how it achieves this:

* **Immutability**: The Base Chain ledger is immutable, meaning once transactions are recorded and validated, they cannot be altered or tampered with. This is crucial for maintaining trust and ensuring the integrity of the blockchain.
* **Rollup technology**: The OP Stack and rollup mechanism used by Base Chain enhance underlying security by summarizing off-chain transactions and committing them to Ethereum's L1. This process benefits from Ethereum's Proof-of-Stake consensus mechanism, ensuring that the Layer-2 network inherits the security and immutability of the L1.
* **Decentralization**: Decentralization is a key aspect of blockchain security. The Base network of nodes and decentralized processing model ensure that no single entity has control over the network, reducing the risk of attacks and vulnerabilities.

### **Benefits of Base Chain** <a href="#benefits-of-base-chain" id="benefits-of-base-chain"></a>

Base Chain offers several advantages over traditional Layer-1 networks and other Layer-2 scaling solutions. Here are a few of them:

#### **Scalability** <a href="#scalability" id="scalability"></a>

Base Chain's Layer-2 architecture and OP Stack allow it to handle a high volume of transactions, reducing congestion and improving efficiency. This scalability is crucial for supporting a growing and open ecosystem of dApps and smart contracts.

#### **Performance improvements** <a href="#performance-improvements" id="performance-improvements"></a>

With faster transaction times and lower fees, Base Chain offers significant performance improvements over[ Ethereum's mainnet](https://ethereum.org/en/). These benefits are especially valuable for DeFi applications that are home to high-transaction environments.

#### **Reduced transaction fees** <a href="#reduced-transaction-fees" id="reduced-transaction-fees"></a>

Base Chain's off-chain mechanism processes transactions with lower gas fees and faster confirmation times. Having nearly gasless transactions makes Base more accessible for developers and users, encouraging greater mass adoption and a more robust ecosystem overall.

#### **Enhanced security and resilience** <a href="#enhanced-security-and-resilience" id="enhanced-security-and-resilience"></a>

Base Chain leverages Ethereum's security features and Proof-of-Stake consensus mechanism, providing a high level of security and resilience. Ethereum validators, who maintain the blockchain's integrity, ensure the reliability of the rollup batches submitted by Base Chain.

#### **Flexibility for developers and users** <a href="#flexibility-for-developers-and-users" id="flexibility-for-developers-and-users"></a>

Base Chain's compatibility with Ethereum-based tools and frameworks allows developers to create and deploy dApps with ease. Users benefit from a seamless experience, with access to a wide range of applications and services.

### **Base Chain use cases** <a href="#base-chain-use-cases" id="base-chain-use-cases"></a>

Base Chain's versatility enables a variety of use cases across many different industries. Let's examine some common applications built on Base:

#### **DeFi platforms** <a href="#defi-platforms" id="defi-platforms"></a>

Decentralized finance (DeFi) has emerged as a revolutionary force in the financial world, allowing users to access a wide range of financial services without relying on traditional intermediaries.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/uni%20base.png" alt="A screenshot of the Uniswap DEX landing page for USD Base Coin (USDbC)"><figcaption><p>Uniswap is a leading decentralized exchange that supports Base tokens like USD Base Coin (USDbC) (<a href="https://app.uniswap.org/explore/tokens/base/0xd9aaec86b65d86f6a7b5b1b0c42ffa531710b6ca">Image source</a>)</p></figcaption></figure>

Base's Layer-2 platform provides a scalable and efficient environment for [DeFi platforms and protocols](https://www.base.org/ecosystem?tag=defi), offering low fees, faster transactions, and enhanced interoperability. Base supports a wide range of DeFi applications, including [lending and borrowing platforms](https://compound.finance/), decentralized exchanges ([DEXs](https://uniswap.org/)), [aggregator services](https://plasma.finance/), as well as [yield farming](https://pancakeswap.finance/farms), [staking](https://www.sushi.com/stake), and [liquidity protocols](https://app.aave.com/).

#### **Non-fungible tokens (NFTs)** <a href="#non-fungible-tokens-nfts" id="non-fungible-tokens-nfts"></a>

NFT marketplaces and tokenization benefit from Base Chain's scalability and reduced fees. Artists, creators, and collectors can trade and tokenize assets with fewer barriers and costs.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/nft%20base.png" alt="A screenshot of Base NFTs on OpenSea"><figcaption><p>Explore Base NFTs available for purchase on OpenSea (<a href="https://opensea.io/rankings?chain=base">Image source</a>)</p></figcaption></figure>

Base has integrated with several [NFT marketplaces](https://www.base.org/ecosystem?tag=nft) like [OpenSea](https://opensea.io/) to list NFTs minted on the Base network. Users can purchase [Base NFTs](https://opensea.io/rankings/trending?chain=base\&sortBy=one_day_volume) directly with a card thanks to MoonPay's seamless Checkout integration. Just search for the Base NFT you wish to buy on OpenSea, and pay using MoonPay.

**Tokenization**

In addition to digital art and collectibles, Base Chain can be used to tokenize real-world assets, such as real estate or intellectual property. This capability opens new doors for innovation and provides potential new opportunities for businesses inside and out of the Web3 ecosystem.

Web3 represents a paradigm shift in how we view and interact with the internet. While Web2 allows users to read and write only, Web3 adds the benefit of ownership, emphasizing decentralization and user-driven content.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/blackbird.png" alt="A screenshot of the Blackbird homepage"><figcaption><p>Blackbird is a Base social platform that rewards users with points for eating at restaurants (<a href="https://www.blackbird.xyz/">Image source</a>)</p></figcaption></figure>

Base Chain is well-suited for supporting [Web3 social media platforms](https://www.base.org/ecosystem?tag=social), and currently hosts social applications like [membership and loyalty rewards](https://www.blackbird.xyz/), [community currency](https://www.oak.community/), [cross-project communication](https://pitchtalk.com/en), [event management](https://www.showup.events/), and more. This decentralized structure gives users greater control over their content, data, and interactions, and provides a level of resistance to censorship not typically found on traditional platforms.

#### **Supply chain and logistics** <a href="#supply-chain-and-logistics" id="supply-chain-and-logistics"></a>

Base Chain's security and immutability make it a potential choice for supply chain and logistics applications. By leveraging blockchain technology, companies can track products and verify their origins, in an attempt to improve transparency and reduce fraud.

Base Chain's smart contract capabilities could serve to facilitate automation in supply chains, streamlining operations and reducing costs. Smart contracts automate processes like inventory management and order processing, lessening the need for manual work. This automation could help maintain optimal inventory levels, eliminate excess stock and minimize shortages.

#### **Gaming and virtual worlds** <a href="#gaming-and-virtual-worlds" id="gaming-and-virtual-worlds"></a>

[Gaming](https://www.base.org/ecosystem?tag=gaming) and virtual worlds represent a rapidly growing sector in the blockchain industry, with [millions of dollars](https://defillama.com/protocols/Gaming) in total value locked (TVL). Blockchain-based games and worlds require fast transaction times and low fees that gamers expect.

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/parallel%20game.jpg" alt="An image of the Parallel game logo"><figcaption><p>Parallel is a blockchain-based game that uses Base as an in-game currency (<a href="https://techcrunch.com/2021/10/21/nft-sci-fi-card-game-parallel-raises-at-500m-valuation-from-paradigm/">Image source</a>)</p></figcaption></figure>

Through Base's scalability, fee structure, and transaction throughput, developers can create immersive gaming experiences and in-game economies. Gaming companies building on Base include traditional RPGs, MMORPGs, NFT-based games, strategy games, and more.

#### **Other projects built on Base** <a href="#other-projects-built-on-base" id="other-projects-built-on-base"></a>

In addition to the use cases mentioned above, a wide range of projects are building on Base Chain, from a variety of Web3 fields:

* [Crypto bridges](https://www.base.org/ecosystem?tag=bridge)
* [Decentralized autonomous organizations (DAOs)](https://www.base.org/ecosystem?tag=dao)
* [Infrastructure](https://www.base.org/ecosystem?tag=infra)
* [On-ramps](https://www.base.org/ecosystem?tag=onramp)
* [Security](https://www.base.org/ecosystem?tag=security)
* [Wallets](https://www.base.org/ecosystem?tag=wallet)

<figure><img src="https://moonpay-marketing-c337344.payloadcms.app/media/base%20eco.png" alt="A screenshot of the Base (Coinbase) ecosystem"><figcaption><p>Base has an open ecosystem of projects building on Ethereum Layer-2 (<a href="https://www.base.org/ecosystem">Image source</a>)</p></figcaption></figure>

Many companies are already leveraging Base Chain's benefits to build or partner on the Ethereum Layer-2 platform. These include popular names in the world of Web3 like [Aave](https://aave.com/), [Brave](https://brave.com/), [Chainlink](https://chain.link/), [Compound](https://compound.finance/), [Etherscan](https://etherscan.io/), [Exodus](https://www.exodus.com/), [Ledger](https://www.ledger.com/), MoonPay, [OpenSea](https://opensea.io/), [PancakeSwap](https://pancakeswap.finance/), [Rainbow](https://rainbow.me/en-us/), [Sushiswap](https://www.sushi.com/), [Trust Wallet](https://trustwallet.com/), [Uniswap](https://uniswap.org/), and [more](https://www.base.org/ecosystem).

**Developer tools and resources**

Developers working on Base Chain have access to a range of tools and resources, including Solidity, Truffle, and other Ethereum-based frameworks. This wealth of resources simplifies development and has the ability to encourage future innovation.

### **Limitations of Base** <a href="#limitations-of-base" id="limitations-of-base"></a>

While Base Chain offers numerous benefits, it's not without challenges and limitations. Let's examine some potential hurdles that developers and users might face.

#### **Technical complexity** <a href="#technical-complexity" id="technical-complexity"></a>

Base Chain's technical complexity can present a learning curve for developers and users. Understanding Layer-2 architecture, smart contracts, and decentralized applications may require specialized knowledge and expertise before being able to interact with the Base platform.

#### **Regulations and compliance** <a href="#regulations-and-compliance" id="regulations-and-compliance"></a>

The regulatory landscape for blockchain and cryptocurrencies is evolving rapidly. Base Chain and its applications must navigate legal complexities and ensure compliance with relevant regulations. This can pose challenges for developers and businesses operating on the platform, especially for applications specializing in fields like DeFi, social media, and security.

#### **Network security** <a href="#network-security" id="network-security"></a>

Although Base Chain offers enhanced security, no network is immune to potential attack vectors. Developers and users must be vigilant and take security concerns seriously, while enacting appropriate measures to protect their assets and data.

*To learn how you can help protect your digital assets, read our helpful guides*: Crypto security basics, How to spot and avoid crypto scams, and 10 steps to a safer Web3 experience.

### **FAQs about Base** <a href="#faqs-about-base" id="faqs-about-base"></a>

Here are some frequently asked questions about Base Chain to help clarify key concepts and address common queries.

#### **Does Base have a native token?** <a href="#does-base-have-a-native-token" id="does-base-have-a-native-token"></a>

No, Base Chain does not have a native network token associated with its Layer-2 blockchain.

Instead, it relies on Ethereum's native currency, Ether (ETH), for transaction fees and other network operations. This design ensures interoperability with Ethereum and other compatible networks.

Additionally, there are other [Base tokens](https://coinmarketcap.com/view/base-ecosystem/) supported by and used within the Base ecosystem, including stablecoins like [USD Base Coin (USDbC)](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usd-base-coin), a bridged version of USDC.

#### Who developed Base? <a href="#who-developed-base" id="who-developed-base"></a>

Base was developed by [Coinbase](https://www.coinbase.com/), the centralized cryptocurrency exchange (CEX). Coinbase's aim with Base is to create a scalable, secure, and efficient Ethereum L2 blockchain network built on top of the Ethereum mainnet.

#### What is Base used for? <a href="#what-is-base-used-for" id="what-is-base-used-for"></a>

Base aims to be a platform for decentralized apps (dApps) and smart contracts with lower fees and faster transaction times than the main Ethereum network.

### Buy BASE assets <a href="#buy-base-assets" id="buy-base-assets"></a>

Now that you know a bit more about Base, it's time to experience the Ethereum L2 platform for yourself.

MoonPay makes it easy to buy Base assets like ETH (Base) and USDC (Base) using a credit card, bank transfer, Apple Pay, Google Pay, and many other [**payment methods**](https://support.moonpay.com/hc/en-gb/articles/360017624078-What-are-your-supported-payment-methods-).

Just enter the amount of crypto you wish to purchase and follow the steps to complete your order.

MoonPay is also available for direct purchases in many Base ecosystem partners, such as Exodus, Ledger, PancakeSwap, Uniswap, Trust Wallet, and more.

<img src="https://moonpay-marketing-c337344.payloadcms.app/media/5eWuEBDVg14XmoZsrD1xWB?w=128&#x26;q=90" alt="Corey Barchat" height="64" width="64">

Written byCorey Barchat

#### You might also like


# Rabby Wallet

Use INFINITETRADING as your referral code to support our project.

### Why Use Rabby Wallet? <a href="#why-use-rabby-wallet" id="why-use-rabby-wallet"></a>

Rabby Wallet offers users a smooth multi-chain experience for DeFi that automatically selects the chain for a dApp, saving users from the hassle of manually switching between chains. Rabby Wallet also prioritizes security, with security features such as transaction previews, risk scanning, and security alerts.&#x20;

***

#### Key Takeaways

* Rabby Wallet is a multi-chain web3 wallet developed by DeBank that focuses on accessibility and security.
* Rabby Wallet supports over 10,000 cryptocurrencies and NFTs on Ethereum and over 141 EVM chains and testnets.
* This article guides readers through some of the basic features of Rabby Wallet and how to use them.

***

![how to use Rabby Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9511/content_How_to_use_Rabby_Wallet.webp)

Cryptocurrency wallets are focused on improving the way people interact with blockchains and cryptocurrencies. Rabby Wallet is gaining popularity among cryptocurrency investors with its focus on security and user-friendliness, as it offers users a smooth multi-chain experience along with pre-transaction risk scanning and transaction previews. To date, it has over 400K users on the Chrome web store and over 10K downloads on Android.&#x20;

**Note that at the time of writing, the iOS app is still under review and users should only download Rabby Wallet from the official website: <https://rabby.io/>**

### What Is Rabby Wallet? <a href="#what-is-rabby-wallet" id="what-is-rabby-wallet"></a>

Rabby Wallet is a multi-chain web3 wallet created by DeBank, a DeFi portfolio tracker. It supports Ethereum and Ethereum Virtual Machine (EVM) chains including Polygon, Arbitrum, and Optimism. To date, Rabby has integrated 141 chains and testnets, and over 10,000 cryptocurrencies.

Rabby Wallet offers users a smooth multi-chain experience, where it automatically chooses the corresponding chain for a DeFi dApp based on their database, saving users the trouble of switching between chains when accessing multiple dApps at the same time.&#x20;

Rabby also prioritizes user security, and the wallet features transaction previews that show the user’s estimated balance change before signing a transaction, along with pre-transaction risk scanning that alerts users if it finds potential vulnerabilities.&#x20;

#### Rabby Wallet Points

[Rabby Wallet distributes points](https://www.coingecko.com/learn/rabby-wallet-airdrop) to users when they perform certain activities on the wallet. The Rabby Wallet point system was introduced in January 2024 and is meant to promote the wallet’s usage.&#x20;

Users can earn points when they refer new users or use some of the wallet features like **Gas Top Up** and **Swap** (more on these later). Despite rumors that the wallet points could translate to qualification in future token airdrop(s), the Rabby team is yet to announce the complete plan for the Rabby Wallet Points program.&#x20;

Now, let’s get started on installing and setting up your Rabby Wallet.

### Installing and Setting up the Rabby Wallet <a href="#installing-and-setting-up-the-rabby-wallet" id="installing-and-setting-up-the-rabby-wallet"></a>

Rabby Wallet is available on desktop for Windows and Mac, along with Android devices, although the iOS version is still under review at the time of writing. It is also available as a Chrome extension, which we will be using for this tutorial.

To install the Rabby Wallet;

1. Visit the [Rabby Wallet site](https://rabby.io/).

![Download Rabby Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9474/content_downloade_for_chrome.webp)

2. Select **Extension** and click **Download for Chrome**.

*Always verify the authenticity of your source when downloading any applications.*

3. When the download and installation process is complete, you can select the application from your list of extensions.
4. Click **Next** to begin the wallet setup process.

![Proceed with Rabby Wallet setup](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9475/content_proceed_install.webp)

#### Setting up a New Rabby Wallet

To set up a new wallet for your Rabby wallet;

1. Click **Create a New Seed Phrase**.

![Create new seed phrase Rabby wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9476/content_create_new_seed.webp)

2. Enter a password for your wallet.
3. Click **Next** to continue.

![Set up Rabby Wallet password](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9477/content_create_pword.webp)

4. Click **Show Seed Phrase** to proceed.

![Show Rabby Wallet seed phrase](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9478/content_show_phrase.webp)

5. Your wallet seed phrase is displayed on the next page. Carefully copy and save the phrase (ideally offline and on crypto steel) and click **I’ve Saved the Phrase** to continue.

![Copy and save Rabby Seed Phrase](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9479/content_copr_phrase.webp)

The provided seed phrase is multi-wallet. On the next page, a list of wallets addressed under your seed phrase is presented.&#x20;

6. To add any of the addresses to your wallet, toggle the switch icon at the left corner of each wallet address.

![Add addresses to Rabby Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9480/content_select_wallets.webp)

7. Click **Done** to proceed after selecting the addresses you wish to add to your wallet.

Your Rabby Wallet is now set up and ready to use.

You can also import your existing wallet address to Rabby or connect to your old wallet provider using Rabby.&#x20;

#### How to Import Pre-existing Wallet to Rabby Wallet

To import your wallet,

1. To import using your wallet’s seed phrase click **Import Seed Phrase**.
2. Enter your wallet’s seed phrase accordingly and click **Confirm** to continue.

![Import wallet into Rabby with Seed Phrase](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9481/content_import_seed.webp)

3. To import using your private key click **Import Private Key**.
4. Enter your wallet private key and click **Confirm** to continue.

![Import wallet into Rabby with private key](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9482/content_import_private_key.webp)

5. You can now transact with your old wallet on Rabby.

### How to Send and Receive Tokens With Rabby Wallet <a href="#how-to-send-and-receive-tokens-with-rabby-wallet" id="how-to-send-and-receive-tokens-with-rabby-wallet"></a>

To send a crypto asset using your Rabby wallet;

1. Click on the **Send** icon from your wallet menu.

![Click on Send icon in Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9483/content_send.webp)

2. On the transfer page:
3. Select the network for your transfer.
4. Enter the recipient’s address.
5. Select the asset you wish to send and enter the amount.

![Enter transfer details to send assets on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9484/content_set_up_send.webp)

6. If the wallet is not whitelisted, check the box on the dialog at the bottom corner of your wallet to grant temporary permission for the transfer.

![Grant temporary transfer permissions for non-whitelisted wallets on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9485/content_whitelist_warning.webp)

7. Click **Send** to continue.
8. On the next page, set up other transaction parameters and click **Sign and Create** to complete.

![Complete send on Rabby wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9486/content_complete_send.webp)

#### &#x20;To Receive a Crypto Asset in Your Rabby Wallet

1. Click **Receive** on your wallet menu.
2. Select the network.

![Receive crypto assets on Rabby Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9487/content_recieve.webp)

3. Copy your wallet address, or scan the QR code.

![How to receive assets on Rabby wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9488/content_copy_address.webp)

### Rabby Wallet Security Features <a href="#rabby-wallet-security-features" id="rabby-wallet-security-features"></a>

In-built security applications are one of Rabby Wallet’s most standout features. These features are designed to reduce erroneous transactions and improve the overall security of cryptocurrency transactions.&#x20;

#### Wallet Whitelist

When sending assets to a wallet using Rabby Wallet, users are prompted to whitelist the address or go through an extra approval procedure for wallet confirmation. The whitelist feature enables users to save frequently used wallets and wallets of their verified peers. This allows for easy address selections and reduces the chances of sending crypto assets to the wrong address.&#x20;

#### Wallet Preview

Rabby Wallet allows users to get a glimpse of the wallet they are interacting with from the transfer completion interface. It pulls the wallet balances and a few other details to give users an idea of the wallet’s details. Using this data, users can proceed to execute their transactions with a better knowledge of the recipient.

![Wallet preview on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9489/content_wallet_preview.webp)

#### Transaction Simulation

Transaction simulations present users with the outcome of the intended transaction. It runs a test version of the transaction off the loop and provides users with an idea of what will happen when the transaction is executed. Rabby Wallet users enjoy this service without needing to install an additional security extension.

In cases such as message signing or running a claim, it informs users of possible extra events that are not made clear by the smart contract developer. Rabby Wallet features an in-built transaction simulation feature, ensuring that users are aware of any implications that may arise from their transaction.

#### Scam Transactions

Rabby Wallet alerts users to suspected or known scam transactions, which could be a dusting attack or fake asset transaction.&#x20;

#### Security Alert

Rabby Wallet prompts users on various security issues before the final transaction confirmation. The security warning alert is displayed for issues such as the first transaction to a wallet, transfer to a suspected or non-whitelisted wallet, and more. To proceed with the transaction, these security warnings must be resolved.&#x20;

![Rabby Wallet security alerts](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9490/content_security_warning.webp)

### Additional Rabby Wallet Features <a href="#additional-rabby-wallet-features" id="additional-rabby-wallet-features"></a>

Rabby Wallet also includes additional features such as swaps and gas top ups.&#x20;

#### Gas Top Up

Rabby Wallet’s **Gas Top Up** allows users to purchase gas tokens for a network instantly using other assets on the same network or other networks. The **Gas Top Up** comes in handy when users accidentally run out of gas tokens for a transaction, and allows users to easily top up their wallets without needing to swap assets on an external exchange.

Here’s how to use the **Gas Top Up** feature;

1. Click on the **Gas Top Up** icon from your Rabby Wallet menu.

![Gas Top Up on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9491/content_gas_top_up.webp)

2. Select the network you wish to purchase a gas token for.
3. From the available options, select the top up value you wish to purchase.
4. Click **Continue** to proceed.

![Top up amount for gas](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9492/content_select_top_up_amount.webp)

5. Click **Select Payment Token**.
6. Select the asset you wish to use for the gas top up payment.
7. Click **Confirm** to continue.
8. Follow the prompt to complete the transaction..

![Select payment token for gas top up on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9493/content_continue_gas_top_up.webp)

The gas token will be credited to your wallet on the selected network once the transaction is completed.

#### Swap Tokens

Rabby Wallet’s token swap feature connects users to multiple decentralized and centralized exchanges. It routes token swap requests through exchanges selected by the user to complete an asset swap without the user needing to connect their wallets to an external exchange.

The in-wallet swap feature is available on most networks supported by Rabby Wallet. Supported decentralized exchanges include KyberSwap, 1inch, ParaSwap, and OpenOcean. Supported [centralized exchanges](https://www.coingecko.com/learn/what-are-centralized-crypto-exchanges-cex) include Binance, OKX, and Coinbase. Note that some assets are not supported (yet) on some centralized exchanges.

Here’s how to perform an asset swap using the Rabby Wallet **Swap** feature.

1. Click on the **Swap** icon from your wallet’s menu.

![Swap on Rabby Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9494/content_swap.webp)

2. Select the network and the asset you wish to swap.
3. Set the amount you wish to swap.
4. Click **Get quote**s to proceed.

![Get quotes for swaps on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9495/content_get_quotes.webp)

On the next page, you are presented with a list of supported exchanges for your token swap.

5. To enable trading on your exchange of choice hover your mouse over it and click on **Enable it**.

![Enable trading on exchanges on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9496/content_enable_trading.webp)

6. Complete the approval process and select the exchange for your swap.

![select exchange for swaps on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9498/content_select_exchange.webp)

7. Click **Swap Via \<selected exchange>** to continue.

![Click on Swap via Exchange to continue](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9499/content_swap_via_kyberswap.webp)

8. On the approval page, inspect the details of your transaction, including the transaction simulation results.
9. Click **Sign and Create** to complete.

![Swap via exchange on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9500/content_complete_swap.webp)

Your swapped token will be available in your wallet once the transaction is completed.

### &#x20;Rabby Wallet on Mobile <a href="#rabby-wallet-on-mobile" id="rabby-wallet-on-mobile"></a>

Rabby Wallet is also available for mobile devices. According to information from the project, the iOS version of the application is still under review but the Android version is available for download on the Play store. The mobile version’s user interface is similar to the wallet extension; however, some features are not accessible on the mobile version at the time of writing.&#x20;

Again, please note that there are reports that there is a fake iOS app on the Apple store.

> 🚨 A FAKE iOS app has resurfaced. Please note that our iOS app is still under review.
>
> Identify the real app by Developer: DeBank (Android) & DeBank Global Pte. Ltd. (iOS).
>
> For secure downloads, ONLY use our official website: <https://t.co/FZmFjG2o5X> <https://t.co/OX9HxHo354>
>
> — Rabby Wallet (@Rabby\_io) [February 16, 2024](https://twitter.com/Rabby_io/status/1758476458559738181?ref_src=twsrc%5Etfw)

#### Setting up Rabby Wallet on Mobile

1. Download the application via your device’s [application store](https://play.google.com/store/apps/details?id=com.debank.rabbymobile). Verify the developer (DeBank) before downloading.
2. Once the download and installation process is completed, you can open the application by tapping on the icon.
3. The mobile wallet allows you to connect to your existing wallet provider like MetaMask and Trust Wallet. Note that the (existing) wallet application must be installed on your device.

![Import wallet to Rabby on Mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9501/content_select_wallet_mobile.webp)

4. Select your wallet provider to proceed. The application redirects to the selected mobile wallet.
5. Approve the Rabby Wallet connection request to proceed.

![connect wallet to Rabby on mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9502/content_connect_wallet_mobile.webp)

Your old wallet is now imported into your new Rabby Wallet.

#### Sending Crypto via Rabby Mobile Wallet

You can now send crypto using your Rabby Wallet on mobile.

1. Click the **Send** icon on your wallet menu.

![Sending crypto assets on Rabby Mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9503/content_mobile_send.webp)

2. Select the network for your transfer
3. Enter the recipient’s address
4. Select the asset you wish to send and enter the amount

If the wallet is not whitelisted, check the box on the dialog at the bottom corner of your wallet to grant temporary permission for the transfer.

![Send assets on Rabby wallet mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9504/content_set_up_send_mobile.webp)

5. Click **Send** to continue.

#### Receiving Crypto via Rabby Wallet

To receive a crypto asset in your Rabby wallet,

1. Click on the wallet icon from the top of your wallet dashboard
2. On the wallet page, copy your wallet address for your transaction.

![Receive tokens on Rabby Wallet mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9505/content_mobile_recieve.webp)

#### Exploring Decentralized Applications

You can view a list of supported dApps by clicking on the **Dapp** icon on your wallet’s bottom menu.

![Explore Dapps on Rabby Mobile Wallet](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9506/content_mobile_wallet_Dapps.webp)

Click **Explore Popular DApps** to proceed.

![Explore popular dapps Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9507/content_explore_daap_mobile.webp)

From the dApp list, select your favorite applications and click **Add to Favorites** to add them to your list for easy access.

![Add favorite Dapps to list on Rabby](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9508/content_add_favorite_dapp.webp)

#### Claiming Rabby Wallet Points on Mobile

Click on **Points** from the bottom menu of your Rabby mobile wallet to navigate to the claiming page.

![Claim points on Rabby mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9509/content_mobile_points.webp)

Click **Claim** to claim your accrued points.

[Read more about the Rabby Wallet’s point program](https://www.coingecko.com/learn/rabby-wallet-airdrop).

![Rabby points on Mobile](https://assets.coingecko.com/coingecko/public/ckeditor_assets/pictures/9510/content_claim_point_mobile.webp)

Note that several features are not available on mobile at the time of writing, this could change in the future with more updates to the application.

### Final Thoughts <a href="#final-thoughts" id="final-thoughts"></a>

Wallets are a key application in the crypto space and a significant contributor to the mass adoption of cryptocurrencies as relevant financial instruments. Whether you are a pro cryptocurrency investor or a newbie, Rabby Wallet could just be the wallet that works for you.&#x20;

This is because of its approach to in-wallet utility. Rabby Wallet integrates several key functionalities, some of which are new or normally existing as an external feature. Rabby’s all-in-one approach to wallet utility simplifies cryptocurrency transactions for users while implementing additional security features that make crypto transactions safer.

In the course of this tutorial, we have covered some operations you can perform on the Rabby Wallet. However, note that this is not exhaustive of the features in the wallet and the user interface might differ slightly across other supported devices or versions of the wallet.&#x20;

Note that this article is only a guide on how to use the Rabby Wallet and should not be taken as financial advice.


# MetaMask

What is metamask ?

### A crypto wallet & gateway to blockchain apps

Start exploring blockchain applications in seconds. Trusted by over 30 million users worldwide.

<div><img src="https://images.ctfassets.net/9sy2a0egs6zh/5n9UZwFnPyMTphfiT6SDMv/67001204dd8d16fa99070e902c512b9c/home-hero.png?w=1920&#x26;q=80&#x26;fm=webp#only-light" alt="" height="360" width="640"> <img src="https://images.ctfassets.net/9sy2a0egs6zh/7wNAiVbgssyrL7UY3xd4FY/2a15d3f50b85a34e8443c08c49579191/home-hero-dark.png?w=1920&#x26;q=80&#x26;fm=webp#only-dark" alt="" height="360" width="640"></div>

<img src="https://images.ctfassets.net/9sy2a0egs6zh/78HoDbPwuWz8M6er6joJdE/c440f3e5d7262a424f13da69a46e958a/wallet-illo.svg" alt="" height="360" width="640">

### Buy, store, send and swap tokens

Available as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange—everything you need to manage your digital assets.

<img src="https://images.ctfassets.net/9sy2a0egs6zh/5w0q0fWbGtmiSts6oIDJ5x/6746f0e6d562c0e8315d841eb4c85f87/Explore-illo.svg" alt="" height="360" width="640">

### Explore blockchain apps

MetaMask provides the simplest yet most secure way to connect to blockchain-based applications. You are always in control when interacting on the new decentralized web.

<img src="https://images.ctfassets.net/9sy2a0egs6zh/Cgl4g0Z2URG5PhRXT7CjP/54984377c95ba08d7aa5b36acb038b61/Browse-illo.svg" alt="Illustration of a woman seemingly floating with a laptop on her lap and colorful swirls surrounding her." height="360" width="640">

### Own your data

MetaMask generates passwords and keys on your device, so only you have access to your accounts and data. You always choose what to share and what to keep private.

### Get started

### What is MetaMask?

### Your key to blockchain applications

MetaMask is the leading self-custodial wallet. The safe and simple way to access blockchain applications and web3. Trusted by millions of users worldwide.


# What is dHedge Protocol ?

&#x20;<img src="/files/odjAujMtHtQK4XWTUNHW" alt="" data-size="line">

dHEDGE is a decentralized set of open-source smart contracts operating on the Ethereum Virtual Machine-based blockchains. Currently: Ethereum, Polygon and Optimism. It’s an asset management protocol that facilitates a censorship-resistant and non-custodial connection between individuals seeking to allocate funds and asset managers.

dHEDGE aims to leverage blockchain technology to create a permissionless protocol for individuals to retain full ownership over their assets while reaping the rewards of enabling the best managers to trade their capital. Utilizing the dHEDGE protocol, individuals can easily connect any ERC-20 compatible wallet to the decentralized app (dApp) to deposit, store, and sell trust minimized vault tokens at any time without lock-ups.&#x20;

The transparent nature of the Ethereum Virtual Machine blockchain allows the dHEDGE protocol to record every trade, deposit, withdrawal, and vault tokens as immutable transactions on the blockchain. Users can easily track and verify all of the transactions of a trust minimized vault utilizing the dHEDGE app.&#x20;

Key focal points of the dHEDGE protocol are:

* **Non-custodial:** users retain ownership over their funds, asset managers cannot run away with individuals funds.
* **Decentralized:** dHEDGE aims to create a permissionless, unstoppable protocol for asset management.
* **Social:** Managers have a direct line of communication with their depositors, so individuals know the reasoning behind their decisions.
* **Verifiable:** All transactions are recorded on the blockchain as transparent and immutable transactions


# What is Velodrome Finance ?

Why it's a next-gen AMM

<figure><img src="/files/yOU8cUm2uWptux4IgAav" alt=""><figcaption></figcaption></figure>

While they were a popular and growing facet of the last crypto bull market, Automated Market Makers (AMM) are well-established these days, having become a staple in the [DeFi](https://www.okx.com/learn/defi-explained) space thanks to their 24/7 liquidity, low slippage, and access to various trading pairs. However, not all AMMs are created equal. A trailblazer like Velodrome Finance distinguishes itself by offering a unique blend of features and incentives that cater to both traders and liquidity providers. With a strong emphasis on community governance, Velodrome Finance empowers its users to map out the platform's direction, as native token holders can participate in decision-making processes and benefit from various rewards.

Interested in finding out more about how Velodrome Finance stands out from its peers? From exploring how Velodrome Finance works to covering what the VELO token is about, here’s your ultimate guide to what is Velodrome Finance and how it's managing to shake up the AMM game.

### TL;DR <a href="#id-1" id="id-1"></a>

* Velodrome Finance is a decentralized exchange built on Optimism that aims to optimize liquidity and trading efficiency.
* Velodrome Finance's core features include gauge weights for community governance, the veVELO token for amplified rewards and voting power, and liquidity mining for incentivizing liquidity providers.
* By offering customizable fees, concentrated liquidity pools, and a focus on user experience, Velodrome Finance is popular in the competitive DeFi landscape.
* VELO is the platform's native token, and it plays a crucial role in governance and rewards, fostering a strong community and driving platform growth.
* Velodrome Finance is often compared to Aerodrome Finance, which is also on the Optimism Superchain and operates on Base.

### What is Velodrome Finance? <a href="#id-2" id="id-2"></a>

[Velodrome Finance](https://velodrome.finance/) is an advanced DEX designed to revolutionize the DeFi landscape. Built on the high-speed Optimism network, Velodrome serves as the liquidity hub for the Optimism Superchain and combines the best aspects of Curve, Convex, and Uniswap V2. By offering deep liquidity, ultra-low fees, and minimal slippage, Velodrome aims to foster a thriving ecosystem for traders and liquidity providers alike.

Unlike traditional AMMs, Velodrome’s innovative veVELO governance model empowers users to shape the platform's future through the VELO token. This community-centric approach, combined with the platform's focus on user experience, has attracted a rapidly growing user base. Designed for DeFi enthusiasts, Velodrome offers a suite of tools and features to optimize trading gains that keeps seasoned traders coming back for more.

### What is Optimism Superchain? <a href="#id-3" id="id-3"></a>

To fully appreciate Velodrome Finance, it’s essential to understand what the Optimism Superchain is. As a network of interconnected Layer-2 solutions sharing a common development stack, the Optimism Superchain is a scalable and secure ecosystem designed to enhance the Ethereum network. By employing optimistic rollups, Optimism significantly reduces gas fees and increases transaction throughput. This underlying infrastructure provides the foundation for high-performance DeFi protocols like Velodrome Finance to thrive.

#### How Optimism Superchain benefits Velodrome Finance

Compared to other Layer-2 solutions like Arbitrum and Polygon, Optimism stands out due to its developer-friendly tools, robust security measures, and seamless integration with the Ethereum ecosystem. By harnessing the power of Optimism, Velodrome Finance experiences notably lower transaction costs, faster trade execution, and a smoother overall user experience. This combination of factors has been instrumental in attracting a growing community of traders and liquidity providers to the platform.

### A deep dive into how Velodrome Finance works <a href="#id-4" id="id-4"></a>

Now that we’re familiar with the foundations Velodrome Finance is built upon, let's explore the mechanics of how Velodrome Finance works and understand what its key features are. At its core, Velodrome Finance functions as an AMM, and facilitates token swaps through liquidity pools. However, it goes beyond basic swapping by introducing a suite of innovative features designed to maximize returns for both traders and liquidity providers.

#### Gauge weights

A cornerstone of Velodrome Finance is the gauge weight system, which empowers users to directly influence the platform's trajectory and democratizes liquidity distribution. By staking the platform's native token, VELO, users can allocate voting power to determine how liquidity is distributed across different pools. This democratic approach makes sure the platform's resources are aligned with the community's preferences, because those who are staking VELO have the right to decide where the liquidity should be allocated.

For instance, if a community is particularly interested in a specific trading pair, they can allocate more voting power to that pool's gauge, incentivizing liquidity providers to add to that pool and ultimately improving the trading experience for everyone involved.

#### veVELO token

Previously known as ve(3,3) tokens, the veVELO token is an integral part of Velodrome Finance, amplifying the impact of governance and rewarding long-term commitment. By locking up VELO tokens for varying durations (typically 3, 6, or 9 months), users create veVELO tokens, which grant enhanced voting power and increased rewards.

To illustrate this better, a user who locks up VELO for nine months will receive a higher veVELO balance compared to someone who locks for three months. This means they’ll have a stronger influence on governance decisions and earn more rewards. This mechanism incentivizes users to strategically lock their VELO tokens, aligning their interests with the long-term health of the protocol.

#### Liquidity mining

Velodrome Finance offers a robust liquidity mining program to attract and retain liquidity providers beyond a share of trading fees. By depositing tokens into liquidity pools, users can unlock a multiplier effect on their gains in the form of VELO. This incentivized approach helps to ensure deep liquidity for swappers and tighter spreads, benefiting all participants in the ecosystem.

Here’s an in-depth look at Velodrome Finance’s liquidity mining system:

* Earn trading fees: As a liquidity provider, you’ll earn a portion of the trading fees generated within the pool you contribute to.
* VELO rewards: Velodrome Finance allocates a portion of its platform fees to be distributed as VELO rewards to liquidity providers. The amount of VELO received is proportional to the user’s contribution to the pool’s liquidity.
* Boosted VELO rewards with veVELO: By locking VELO tokens, users can create veVELO tokens, and significantly amplify their VELO rewards from liquidity mining. The longer the lock duration, the greater the boost in rewards.

This combined approach allows users to benefit from contributing liquidity and gain influence over the platform’s governance. By providing deep liquidity, liquidity providers enable efficient and low-slippage trades for users, while traders generate the fees that contribute to liquidity provider rewards. Ultimately, this symbiotic relationship between traders and liquidity providers benefits the entire Velodrome ecosystem.

By combining these elements, Velodrome Finance creates a unique user experience by empowering the community, incentivizing long-term engagement, and rewarding contributions to the platform’s liquidity. This three-pronged approach sets Velodrome apart from other AMMs and is a core reason for the AMM’s success.

### Velodrome V2: what's new <a href="#id-5" id="id-5"></a>

In December 2022, Velodrome announced [Velodrome V2](https://medium.com/@VelodromeFi/velodrome-v2-a-new-era-1bd84509fa23?source=user_profile---------8----------------------------), which represented a significant leap forward in decentralized exchange technology. Some noteworthy features include concentrated liquidity pools (clAMMs), customizable fees, and dynamic emissions rates with [VELO FED](https://medium.com/@VelodromeFi/velodrome-the-infinite-race-ecac269cc302). These features ultimately empower both traders and liquidity providers to optimize their strategies.

Customizable fees offer traders unprecedented flexibility. Regardless of whether they’re seeking the lowest possible slippage or prioritizing guaranteed trade execution, users can tailor fee structures to suit their specific needs. This dynamic approach to fee determination fosters a more competitive and efficient trading environment.

To further enhance the user experience, Velodrome V2 introduces VELO FED. As the name suggests, VELO FED is an onchain treasury designed to support the ecosystem's growth. It will give veVELO voters the power to set an overarching monetary policy for VELO supply and determine VELO emission rates. By strategically managing platform fees and rewards, VELO FED plays a crucial role in stabilizing the platform and providing additional incentives for liquidity providers and traders.

clAMMs revolutionize liquidity management by allowing liquidity providers to focus their capital within specific price ranges, ultimately enhancing capital efficiency and increasing potential returns. This innovation benefits liquidity providers and improves the overall trading experience by reducing slippage and ensuring deeper liquidity in high-demand price areas.

Together, these features position Velodrome V2 as a leading-edge platform that caters to the evolving needs of the DeFi ecosystem.

### What is VELO and veVELO? <a href="#id-6" id="id-6"></a>

As the Velodrome Finance ecosystem’s native token, VELO is the lifeblood of the platform, powering governance, incentives, and overall value accrual. It’s a governance token that grants holders the right to participate in platform decisions, playing a crucial role in the protocol’s future.

#### VELO utility

To maximize the impact of their VELO holdings, users can stake their tokens to earn additional rewards and gain voting power. This dual functionality incentivizes long-term token holding and active participation in the community. Furthermore, VELO is instrumental in driving liquidity provision. By locking VELO to create veVELO tokens, users can amplify their voting power and earn boosted rewards, including a larger share of trading fees. This mechanism fosters a cycle where token holders are rewarded for contributing to the platform's growth and stability.

#### VELO tokenomics and distribution

![Velo tokenomics and distribution](https://www.okx.com/cdn/assets/plugins/contentful/4nqoo8goeymu/5Z1BdkXfG87htP9l9FPZwa/f91caf8d977450dbc82e3a943d75c70a/Velo_tokenomics_and_distribution.PNG?x-oss-process=image/resize,w_822,h_291/format,webp)

Source: Velodrome Finance

[VELO's tokenomics](https://velodrome.finance/docs#tokenomics) are designed to create a sustainable and equitable ecosystem. With an initial supply of 400 million, VELO's distribution was carefully managed to balance the interests of early supporters, the community, and the protocol itself. Of this 400 million, a bulk of it is allocated to the community as the team rewarded those who played the biggest role in incubating Velodrome Finance, and those who were most likely to contribute to its long-term success.

![Velo emissions](https://www.okx.com/cdn/assets/plugins/contentful/4nqoo8goeymu/XDhOJzRI7clPkYklb9C1l/bb6b8f464d72f0b68e4ab3f0f4cd1986/Velo_emissions.png?x-oss-process=image/resize,w_778,h_550/format,webp)

Source: Velodrome Finance

Since VELO's launch, VELO's total supply has grown considerably thanks to its weekly emissions of 15 million VELO. This caused the total supply of VELO to reach an estimated 1.8 billion after almost four years of constant weekly VELO emissions. This large token supply should be something to take into account if you’re intending to trade VELO for the long haul.

### Velodrome vs Aerodrome <a href="#id-7" id="id-7"></a>

Velodrome or Aerodrome? This is a common question that comes up with Velodrome Finance being mentioned. Wondering how it differs from [Aerodrome Finance](https://aerodrome.finance/)? Let's now look at the similarities and differences between both DeFi protocols.

For starters, both DApps share a strong foundation, being built on the Solidly fork and operating on Layer-2 solutions. Their core mechanics are quite similar as both platforms introduce gauge voting, ve-style tokenomics, and liquidity incentives. However, they differentiate themselves based on the underlying blockchain, ecosystem focus, and specific features.

* Blockchain: Velodrome Finance operates on the Optimism network, while Aerodrome Finance is deployed on Base.
* Ecosystem focus: Velodrome Finance has established itself as a cornerstone of the Optimism ecosystem, while Aerodrome Finance aims to become the central liquidity hub for Base.
* User base: Velodrome Finance generally has a larger and more established user base due to its earlier launch and the maturity of the Optimism network.
* Pool creation: Velodrome Finance offers permissionless pool creation, allowing users to create new liquidity pools, while Aerodrome Finance's pool creation process might be more curated.

#### Key considerations for users

When choosing between Velodrome and Aerodrome, users should consider the following factors:

* Blockchain preference: If you’re invested in the Optimism ecosystem, Velodrome Finance might be a natural choice. If you’re interested in Base, Aerodrome Finance is the obvious option.
* Fee structure: Compare the fee structures of both platforms to determine which offers better value for your trading volume.
* Liquidity: Evaluate the depth of liquidity available for your desired trading pairs on both platforms.
* Governance model: Consider the governance mechanisms and tokenomics of each platform to assess your level of influence and potential rewards.
* Risk tolerance: Aerodrome Finance, as a newer platform, might carry higher risks but also potentially offer greater rewards.

### The future of Velodrome Finance: : what lies ahead? <a href="#id-8" id="id-8"></a>

Velodrome Finance has positioned itself as a leading force in the Optimism ecosystem, demonstrating a strong commitment to innovation, community governance, and user experience. As the DeFi landscape continues to evolve, Velodrome is poised for significant growth and expansion. While there's no official Velodrome Finance roadmap available for reference, here are some possible areas of focus for Velodrome Finance's future based on the trajectory of their current updates and product releases.

* Product expansion focused on capital efficiency: Velodrome Finance intends to explore new financial derivatives, yield optimization strategies, and lending protocols to broaden its appeal and attract a wider user base. The introduction of clAMMs allows liquidity providers to optimize their capital allocation and potentially increase returns, but also suggests a continued focus on new developments that enhance efficiency within the platform.
* Ecosystem development: So far, Velodrome Finance has shown its commitment to the Optimism ecosystem by building itself as a central liquidity hub, leveraging the network's scalability and low transaction fees to provide a superior trading experience. Through fostering partnerships with other DeFi protocols and projects on the Optimism Superchain, Velodrome Finance will be able to unlock synergies and new opportunities in the ever-growing DeFi space.
* Improved user experience: Features like customizable fees empower users to tailor their trading experience based on their needs. This suggests a commitment to user-centric design and fostering a more competitive and efficient trading environment.

While Velodrome Finance faces competitive pressures from other DeFi platforms, its strong community foundation, innovative approach, and strategic focus on the Optimism ecosystem position it well to overcome challenges and achieve long-term success as a leading AMM and DeFi hub. As the Optimism Superchain continues to grow, we can expect Velodrome Finance to expand its offerings and attract more users over time.

### Getting started with Velodrome Finance <a href="#id-9" id="id-9"></a>

Ready to enter the world of Velodrome Finance? Let’s break down the steps to get you started.

#### Connecting your wallet

The first step is to connect your wallet to the Velodrome platform. Velodrome supports a variety of popular wallets, including OKX Wallet and MetaMask. Once connected, you can interact with the platform and manage your assets.

#### Trading on Velodrome Finance

Trading on Velodrome is intuitive and straightforward. You can [swap tokens](https://velodrome.finance/swap) by selecting the desired trading pair and inputting the amount you want to exchange. Velodrome provides real-time price information and slippage estimates to help you make informed decisions.

#### Providing liquidity

If you’re looking to earn rewards while contributing to the platform’s liquidity, providing [liquidity on Velodrome Finance](https://velodrome.finance/liquidity) is a good option. You can add liquidity to existing pools or create new ones. As a liquidity provider, you’ll earn a portion of the trading fees generated within the pool in the form of VELO.

#### Final words and next steps

Velodrome Finance stands out as a influential force in the DeFi landscape, redefining the possibilities of automated market makers. By combining innovative features like gauge weights, veVELO, and liquidity mining, Velodrome has created a dynamic ecosystem that rewards both traders and liquidity providers. The platform's deep integration with the Optimism Superchain leverages the network's strengths to deliver a strong user experience. As the DeFi industry continues to evolve, Velodrome Finance's commitment to innovation, community governance, and user-centric design positions it as a leading contender. By understanding the platform's core mechanics and participating actively in its ecosystem, users can unlock the full potential of decentralized finance.

Interested in learning more about DeFi? Check out our guide to Injective and find out why it’s pegged as the blockchain built for finance. Alternatively, you can also read up about Ethena and the DeFi storm it’s starting with its synthetic dollar.


# Infinite Trading App

Unlock the full potential of automated trading, AI and DeFi.

<figure><img src="/files/ewhlOyd1ipSdsZeF5t7l" alt=""><figcaption></figcaption></figure>

#### About Infinite Trading

Infinite Trading is a groundbreaking marketplace and protocol that enables you to invest in fully automated trading strategies within the Ethereum DeFi ecosystem. Our platform leverages AI and automated trading to provide you with exceptional investment opportunities while removing the reliance on centralized exchanges.

#### Key Benefits

* AI-powered Automated Trading: Unlock the potential of AI and automated trading strategies to optimize your investments.
* Marketplace of Strategies: Discover and invest in the best trading strategies available within the Ethereum DeFi ecosystem.
* Decentralized Approach: Embrace the power of on-chain, non-custodial, and permissionless crypto funds, giving you full control over your finances.
* Enhanced Security: Leverage the security benefits of decentralized blockchain networks for your transactions and investments.

## Quick links

{% content-ref url="/pages/N1w0xvYRnymBcPxuU8Io" %}
[About us](/)
{% endcontent-ref %}

{% content-ref url="/pages/NWb0o9na2lMWmlnoQlKN" %}
[Benefits](/introduction/infinite-trading-app/benefits)
{% endcontent-ref %}

## Get Started

We've put together some helpful guides for you to get setup with our product quickly and easily.

{% content-ref url="/pages/8ECM6BZrpWI9Pu9Jxbm3" %}
[Getting set up](/introduction/infinite-trading-app/getting-set-up)
{% endcontent-ref %}


# Benefits

## Self-custodial

Our self-custodial service allows users to invest directly from their own Ethereum wallets into our vaults. With seamless integration and total control over your funds, you can securely invest, track performance, and withdraw assets at your convenience. Experience the freedom of self-custodial investing, empowering you with ownership and transparency in the world of decentralized finance.

## Secure and decentralized

&#x20;Our secure and decentralized platform ensures the highest level of protection and empowers users with financial sovereignty. By leveraging blockchain technology, all transactions and interactions occur directly on the Ethereum network, eliminating the need for intermediaries and reducing the risk of unauthorized access or manipulation. With self-custodial wallets and smart contracts, users have complete control over their funds, while the transparency and immutability of the blockchain provide auditability and trust. Experience the peace of mind that comes with our secure and decentralized platform, where your assets and financial autonomy are safeguarded at all times.

Let's explore the exciting features this platform has to offer:

1. **Automated Trading Strategies Vaults**: Infinite Trading provides a collection of automated trading strategies vaults, carefully designed and optimized by AI algorithms. These strategies leverage sophisticated trading techniques, market analysis, and risk management algorithms to maximize profits and minimize risks for users.
2. **Layer 2 Integrations**: Infinite Trading supports Ethereum, Polygon, Optimism, Base, and Arbitrum, allowing users to take advantage of different blockchain networks and their associated benefits. Users can deploy their trading strategies on any of these networks based on their preferences, scalability requirements, and cost considerations.
3. **Marketplace for Strategies**: The Infinite Trading App serves as a marketplace for trading strategies. Users can explore a wide range of strategies contributed by expert traders and developers. These strategies are thoroughly vetted for performance and reliability, empowering users to diversify their investment portfolios.
4. **Security and Transparency**: Infinite Trading prioritizes the security of users' funds and data. Advanced encryption protocols and secure smart contract mechanisms are employed to safeguard assets and ensure reliable transactions. The platform also promotes transparency by providing real-time performance metrics, historical data, and detailed strategy reports.


# Getting set up

How to invest the decentralized automated strategies?

<details>

<summary>Step1: Creating your wallet</summary>

## Creating an Ethereum Wallet using MetaMask

To create an Ethereum wallet using MetaMask, follow these steps:

1. Install MetaMask: Visit the MetaMask website at [metamask.io](https://metamask.io/) and install the MetaMask extension compatible with your web browser.
2. Set up a Wallet: Launch MetaMask after installation and click on the "Create a Wallet" option.
3. Choose a Strong Password: Set a secure password for your wallet and confirm it.
4. Backup Phrase: MetaMask will generate a secret backup phrase consisting of 12 words. Write down this phrase and keep it in a safe place.
5. Confirm Backup Phrase: Verify your backup phrase by selecting the words in the correct order as prompted by MetaMask.
6. Wallet Creation Complete: Once you've confirmed the backup phrase, your MetaMask wallet will be created. You can now access and manage your Ethereum funds.
7. Connect to the Ethereum Network: By default, MetaMask connects to the Ethereum Mainnet. You can switch to other Ethereum networks like the Polygon or Optimism by clicking on the network selection dropdown in the MetaMask interface.
8. Account Address: Your Ethereum wallet address will be displayed in the MetaMask interface. This address serves as your unique identifier on the Ethereum network for sending and receiving ETH and other Ethereum-based tokens.

Remember to keep your MetaMask password secure and never share it with anyone. It is crucial to regularly back up your secret backup phrase and store it in a safe and offline location. With your MetaMask wallet, you can now interact with various Ethereum-based decentralized applications (DApps) and manage your digital assets securely.

</details>

<details>

<summary>Step 2: Depositing funds into your wallet</summary>

## Funding Your MetaMask Wallet

To fund your MetaMask wallet using either Coinbase or credit cards, follow these simple steps:

1. **Coinbase Funding:**
   * Open a Coinbase account if you don't have one already. Visit [coinbase.com](https://www.coinbase.com/) and sign up.
   * Complete the verification process on Coinbase to link your bank account or credit card.
   * Once your Coinbase account is set up and verified, navigate to the "Buy/Sell" section.
   * Select the cryptocurrency you want to purchase, such as Ethereum (ETH).
   * Choose your funding source, either your bank account or credit card.
   * Enter the desired amount of funds you wish to purchase and confirm the transaction.
   * Once the transaction is completed, go to your MetaMask wallet.
2. **Credit Card Funding:**
   * Open your MetaMask wallet and navigate to the "Buy" section.
   * Choose the option to buy cryptocurrency using a credit card.
   * Follow the instructions provided to enter your credit card details and complete the purchase.
   * Once the transaction is successful, the purchased cryptocurrency will be added to your MetaMask wallet automatically.
   * **Depositing Funds into Optimism or Polygon:**

     * To deposit funds into Optimism or Polygon (formerly Matic), you have two options:

     **Using Coinbase:**

     * Open your MetaMask wallet and click on the network selection dropdown.
     * Choose either Optimism, Polygon, Base or Arbitrum from the available options.
     * Once connected to the desired network, click on "Deposit" within your MetaMask wallet.
     * Follow the instructions provided to generate a deposit address.
     * Copy the deposit address and go to your Coinbase account.
     * Navigate to the "Send" section and enter the deposit address as the recipient.
     * Select the token and enter the desired amount for the deposit.
     * Confirm the transaction and wait for it to be processed.
     * After the deposit is completed, your funds will be available on the respective network.

     **Using Bridges:**

     * Open your MetaMask wallet and click on the network selection dropdown.
     * Choose either "Optimism" or "Polygon" from the available options.
     * Once connected to the desired network, click on "Bridge" within your MetaMask wallet.
     * Follow the instructions provided to initiate the bridging process.
     * Select the token and enter the desired amount you wish to bridge.
     * Confirm the transaction and wait for the bridging process to be completed.
     * After the bridge transaction is successful, your funds will be available on the respective network (Optimism or Polygon).

     You can access the bridges for each network using the following links:

     * Optimism Bridge: <https://bridge.optimism.io/>
     * Polygon Bridge: <https://wallet.matic.network/bridge/>

     Please note that transaction times and fees may vary depending on the network and method you choose. Always review and verify the details before confirming any transactions.Remember to review and double-check all transaction details before confirming. Be mindful of any associated fees or transaction limits that may apply. By following these simple steps, you can easily fund your MetaMask wallet using Coinbase or credit cards, and deposit funds into Optimism or Polygon networks.

</details>

<details>

<summary>Step 3: Making your first investment</summary>

* Click on the vault that you want to invest
* Once the new window open, click connect wallet and connect your metamask wallet to the site.
* Choose the asset that you want to deposit to see if its available. (USDC is recommended)
* Write the amount that you want to deposit (you can click max)
* Click Approve to approve the asset to be deposited in your wallet.&#x20;
* Confirm the transaction in MetaMask.
* Click Deposit to deposit the asset into the vault.
* Confirm the transaction in MetaMask.
* Welcome to the future of investing.

</details>

<details>

<summary>Step 4: Tracking your investment performance</summary>

* Click the vault that you deposited from the home page.
* You will see the balance there.
* If the vault is not in the home page (because it was deprecated or not active anymore) you can go directly to <https://app.dhedge.org/> and connect your wallet. You can click on "My deposits" and the vaults should appear there.

</details>


# Understanding Fees

Decoding Fees in Digital Asset Transactions

Understanding the various fees imposed by protocols is essential for anyone involved in trading digital assets. These fees sustain the extensive decentralized finance (DeFi) ecosystem, supporting numerous protocols and projects. Transaction fees are diverse: some apply to active processes such as trading, gas fees, and minting or redeeming assets. Others relate to asset holding, like management and performance fees. This article explores the different fee types that DeFi participants may encounter using the dHedge platform.

**Management Fees**: These fees represent ongoing holding costs, calculated as a percentage of the asset's total value, covering operational expenses like gas for the protocol. DeFi platforms utilize management fees instead of traditional annual fee collection through intermediaries. These fees accumulate over time and are periodically collected via smart contracts, based on the product's market cap throughout its lifecycle. Management fees are seamlessly deducted from the users’ returns, ensuring a transparent fee mechanism.

**Performance Fees**: Unlike management fees, performance fees are contingent on achieving positive results. They are automatically awarded as vault tokens to the strategy provider upon asset deposits or withdrawals. Strategy providers also have the option to mint these fees manually. For instance, if a product incurs a 10% performance fee and achieves a 10% yield, the provider earns 1% of the total, leaving 9% for the investor. Should the product fail to generate positive returns, no performance fees are applied. This fee structure motivates developers to create sustainable, high-performing products that benefit from the profits generated.

**Protocol Fees:**&#x20;

Protocols like dHEDGE impose protocol fees on strategy providers. Specifically, the dHEDGE DAO charges a fee of 10% on any management and performance fees collected by a strategy provider. It's important to note that these protocol fees are not charged to vault investors directly; instead, they  apply solely to the fees accrued by strategy providers.

For example, in a scenario where vaults are managed without any management or performance fees, no protocol fees are assessed. When fees are applicable, the protocol fee is deducted directly from the strategy provider's earnings. To illustrate, consider our previous situation where the strategy provider earns 1%. From this 1%, dHEDGE deducts 10%, which results in the strategy provider retaining 0.9% and dHEDGE receiving 0.1%.

**Note**

The performance chart for each vault reflects fees deducted, ensuring that what you see represents the actual performance after accounting for both provider management and performance fees. These fees are not charged separately on top of the displayed performance.


# ITP Token

Token Information

<figure><img src="/files/6rCPDgzDzCfFJRGaq3Xe" alt=""><figcaption></figcaption></figure>

Ticker: ITP

Token Type: ERC20 (Burnable & Permit)&#x20;

Max Total Supply: 1 Billion

Native Blockchain: Optimism Network

Alternative Blockchain: Base Network ( Bridged using Hyperlane )

Optimism Contract: [0x0a7b751fcdbbaa8bb988b9217ad5fb5cfe7bf7a0](https://optimistic.etherscan.io/token/0x0a7b751fcdbbaa8bb988b9217ad5fb5cfe7bf7a0) (Verified)

Base Contract: [0xBA8CD87120aCA631F59231f9fD6c5469BbEE3440](https://basescan.org/token/0xBA8CD87120aCA631F59231f9fD6c5469BbEE3440) (Verfied)

Dexscreener

<https://dexscreener.com/optimism/0xc04754f8027abbfe9eea492c9cc78b66946a07d1>

Buy ITP on Velodrome<https://velodrome.finance/swap?from=eth&to=0x0a7b751fcdbbaa8bb988b9217ad5fb5cfe7bf7a0>

Velodrome Liquidity Pools: [<br>](https://velodrome.finance/liquidity?query=ITP)

<https://velodrome.finance/liquidity?query=ITP>

### **DAO ADDRESS**

[0xb5dB6e5a301E595B76F40319896a8dbDc277CEfB](https://optimistic.etherscan.io/address/0xb5dB6e5a301E595B76F40319896a8dbDc277CEfB) (Mainnet, Optimism, Base, Arbitrum, Polygon)


# Token Distribution

<figure><img src="/files/MuLZVISWnOKLNVcKUoIs" alt=""><figcaption><p>ITP Allocations</p></figcaption></figure>

### **Distribution Details**

<br>

**Development (10%):** Funding for ongoing protocol development is provided through an allocation of 10% of ITP tokens. These tokens are subject to a structured 2-year linear vesting period through [Sablier](https://app.sablier.com), aligning the developers' interests with the long-term success of the protocol. This staggered release strategy ensures sustained commitment and rewards the developers for their continued contributions. The DAO oversees the allocation and distribution of these developer tokens, ensuring transparency and fairness in the process. Developers are compensated monthly with ITP tokens, starting one month after their engagement begins. Each payment is calculated based on the approximate dollar value converted to ITP tokens at the time of payment and is linearly locked for two years, securing a vested interest in the protocol's prosperity.

**Staking (30%)**

The protocol will use a staking mechanism, allowing participants to stake ITP and will receive vITP tokens, which are integral to governance decisions, reinforcing the importance of community involvement in the protocol's direction. See our governance forum on snapshot.org where vITP can be used to vote on important decisions: <https://snapshot.org/#/infinitetrading.eth>

**DAO (30%)**

The DAO is pivotal to the protocol, embodying the principles of decentralization and community-driven development. It is tasked with key responsibilities that ensure the protocol's adaptability and financial health. The responsibilities are treasury Management including asset allocation and investment decisions.

**Liquidity Bootstrap (10%)**&#x20;

A maximum of 10% of the total token supply is allocated for liquidity bootstrap activities. These tokens are being deposited into Velodrome LP and will be deposited into a dHedge Seed Liquidity Vault to enhance market liquidity and create a strong market for ITP during the initial stages. The deposits in the seed vault are going to be used to provide liquidity to ITP/USDC pool into [Velodrome](https://velodrome.finance) after the token is listed into dHEDGE by matching the stablecoins amount with the Protocol Owned Liquidity ITP tokens. Every USDC deposit will be matched with ITP from the POL.

**Incentives(10%)**

To incentivize participation, 100M tokens will be reserved for incentives. These tokens will be allocated to vaults selected by token holder votes, ensuring that the rewards distribution aligns with community preferences, and will be used as bribes/incentives into Velodrome to obtain veVELO votes and receive VELO emissions to our liquidity pool and reward liquidity providers. See the 'Incentives' section for more information.

**Protocol Owned Liquidity (10%)**

Tokens in this category is designated for creating protocol-owned liquidity pools. These tokens are being paired with stablecoins and other treasury assets to participate in [Velodrome ITP liquidity pools](https://www.velodrome.finance/liquidity?query=itp). Allocating up to 10% of the token supply to this end helps the protocol generate $VELO, improve the ITP liquidity and bolster the protocol's treasury. The $VELO earned from POL are being used to buyback and burn $ITP and also the DAO has been locking those to obtain veVELO and deposit those into the [Infinite Trading Protocol Relayer.](https://www.velodrome.finance/relay?deposit=true\&relay=0x4CaF01B0Be785DDeD8aBC2FF70b8D547AEA12cd2)&#x20;

<br>


# Tokenomics

**Usage of ITP in the Ecosystem**

* **Manager Interactions**: Managers utilizing the protocol in will employ their resources (such as ETH or MATIC for gas) to interact with the API. When executing these transactions, a multiplier of the gas fee is going to be deducted from the trader's account. The DAO will use a portion of these fees to buy back ITP and send those to the null address (burn). The other portion will be retained by the protocol to redistribute it for other initiatives such as airdrops, pool incentives, Velodrome bribing, and product development. ITP Tokens sent to the null address are permanently removed from circulation (burned).&#x20;

**Manager Contracts and Fee Structures**

* **Vault Management by Protocol**: Should managers opt for the protocol manager contracts to oversee their vaults, they incur no gas fees. However, management fees accrued will be exclusively distributed in ITP tokens.
* **Fee Distribution**: When managers claim their management fees, 80% of those fees will be automatically converted to ITP tokens and sent to the manager's address, and the protocol will keep the other 20%. This structure incentivizes the continuous circulation and utility of the ITP token within the ecosystem.&#x20;

**Autonomous Vault Management**

* **Protocol-Managed Vaults**: The Infinite Trading Protocol manages vaults on dHedge. From these, all fees collected are being used to buy ITP to add liquidity for the token or burn those.
* **Liquidity and Listing Goals**: This arrangement persists until the token achieves sufficient liquidity (targeted at over $500,000). Reaching this threshold aims to qualify the token for listing on platforms such as dHedge. Post-listing, 50% of the fees collected from these vaults will also be burned. The other 50% will be used by the DAO for different initiatives.

#### Note

&#x20;  The information provided here outlines the functional utility of the ITP tokens within the Infinite Trading Protocol ecosystem. It is intended for informational purposes and should not be construed as investment advice or an offer to invest. Importantly, a maximum of 50% of the ITP supply will be eligible for burning. The burning process will cease once the allocated 30% of the supply for staking rewards has been fully distributed or 50% of the supply has been burned. Thereafter, instead of burning, the ITP tokens will be redirected to staking contracts to serve as staking rewards, further supporting the protocol's ecosystem and incentivizing participation.

**Disclaimer**

&#x20;  Please note that the tokenomics described here are subject to change based on a variety of factors, including but not limited to community proposals, token holder votes, and evolving regulatory landscapes. The protocol remains committed to adapting its strategies to meet the needs of its community and comply with regulatory requirements, ensuring a robust and dynamic ecosystem.


# ITP LP Incentives

Incentives help keep the ITP Liquidity Providers (LP's) yields at competitive rates.

#### Infinite Trading Protocol Incentive Calculation

In the Infinite Trading Protocol, we provide weekly incentives to voters to make liquidity pool (LP) yields more attractive. These incentives are distributed proportionally based on the total liquidity provided, excluding the value of ITP tokens themselves.

**Variables**

* &#x20;L : The total liquidity in USD value, excluding the value of ITP tokens.
* &#x20;P : The current price of ITP.
* I : Total weekly incentives on ITP (2% of the total liquidity USD value on ITP)
* &#x20;$$LP\_j$$ : The USD value of the liquidity for each ITP pair, excluding the value of ITP tokens. The pairs are as follows:
* &#x20;$$LP\_1$$ :  ITP/VELO liquidity
* &#x20;$$LP\_2$$ :  ITP/wstETH liquidity
* &#x20;$$LP\_3$$ :  ITP/WBTC liquidity
* &#x20;$$LP\_4$$:  ITP/xOpenX liquidity
* &#x20;$$LP\_5$$:  ITP/DHT liquidity
* &#x20;$$LP\_6$$ :  ITP/OP liquidity
* &#x20;$$LP\_7$$ :  ITP/MAI liquidity
* &#x20;$$LP\_8$$ :  ITP/USDC liquidity

**Total Weekly Incentives**

$$
I= \frac{0.02 \cdot L}{P}
$$

**Incentive Distribution**

The incentives for each liquidity pool $$LP\_j$$ , denoted $$I\_{LP\_j}$$, are distributed proportionally based on the pool’s liquidity relative to the total liquidity:

$$
I\_{LP\_j} = \frac{LP\_j}{L} \cdot I \quad \text{for} \quad j = 1, 2, \ldots, 8
$$

This ensures that larger liquidity pools receive a higher portion of the incentives, while smaller pools receive proportionally less.&#x20;


# Staking v1

The Infinite Trading Protocol (ITP) Staking Contract is designed to provide a decentralized platform for staking ITP tokens, enabling users to earn rewards by locking their tokens. The platform supports a flexible staking model that adapts to various user needs, including options for early withdrawal with a dynamically decreasing penalty system and the potential for high compounded annual returns denominated in ITP. This contract allows ITP holders to grow their unused tokens for future use in exchange for the protocol's services.

Initially, 10,000,000 ITP were deposited as a reward for the Staking V1 contract. The protocol has allocated 300,000,000 ITP for staking, but the rewards will be deposited over time into the staking contract. We will deploy several staking contracts, each with different terms, rewards, and rules. After the rewards are utilized by stakers, token holders should vote to decide in which staking vaults the new rewards should be allocated.

**Key Features**

1. **Compounded Annual Returns**:

   * Users receive an annual compounded interest rate of 15%. This means if a user stakes for two consecutive years, they earn 15% on the original amount in the first year and an additional 15% on the new total (original amount + first year's interest) in the second year. The contract allows assets to be locked in multiples of one year, giving users the flexibility to decide their strategy.&#x20;
   * Let R be the rewards function, n be the number of years staked, P be the principal amount staked and r be the current staking interest rate, then the rewards formula is given by the compound interest formula

   &#x20;        $$R(P,n,r) = P (1+r)^{n}$$

2. **Early Withdrawal with Decreasing Penalty**:

   * Users can choose to withdraw their staked assets before the maturity date. The early withdrawal penalty is a maximum of 20% if the assets are withdrawn on the same day of deposit. This penalty decreases linearly over time; for instance, withdrawing at half the unlocking period incurs a 10% penalty. The penalty approaches 0% as the unlock period nears.

   * Let a be the amount staked, x be the initial lock date, y be the final unlock date, t be today's date, and p be the max penalty parameter (0.20 initially), then the formula for the penalty is given by

   &#x20;       $$P(a,x,y,p,t) = a \cdot p\cdot \frac{( y - t )}{ (y-x)}$$

&#x20;

* Penalties incurred from early withdrawals will be burned, contributing to deflationary pressure on the total token supply.

1. **Governance**:
   * The governance token, vITP, is used by token holders to vote on various proposals, ensuring that changes to the protocol are made democratically and in alignment with the interests of the stakeholders.
   * Both the reward accumulation and the penalty for early withdrawal are calculated based on linear functions, which depend on the staked duration and the yield/penalty parameters.&#x20;
   * The staking parameters such as the reward/penalty rates can be adjusted via proposals and voting by token holders.&#x20;

**Contract Interactions**

1. **Deposit**:
   * Users can deposit their tokens into the staking contract. Upon deposit, the tokens are locked for a predetermined period set by the user, in yearly increments.
2. **Withdraw**:
   * Withdrawals can be made at the end of the locking period without any penalties. Early withdrawals are subject to a decreasing penalty depending on the time of withdrawal relative to the total lock period.
3. **Extend Lock**:
   * Users have the option to extend the locking period, potentially qualifying for higher rewards o or keeping their actual rates in case the new yield is lower. Penalties also can go up and down (by voting), and the user that extends their lock will obtain a higher reward and lower penalty. Lock extensions will increase the voting power of the user.
4. **Participate in Governance**:
   * Token holders can use their vITP tokens to participate in governance decisions, influencing key aspects of the protocol, staking contract’s operational and reward parameters, and more.

**Technical Implementation**

* The staking contract is implemented using Solidity and deployed on the Optimism Network.
* It utilizes robust and secure libraries from OpenZeppelin to manage ownership, security (via ReentrancyGuard), and safe token handling (using SafeERC20).

**Security Features**

* The contract incorporates standard security features, including reentrancy protection to prevent potential attack vectors such as re-entrant attacks.
* Ownership and access controls are strictly managed to prevent unauthorized access and changes to critical contract functions.

**Conclusion**

The Infinite Trading Protocol Staking Contract offers a dynamic and user-centered approach to staking. By integrating decentralized governance, the platform aligns with the broader DeFi ethos of transparency and community-driven decision-making.


# The Protocol

<figure><img src="/files/y3DpkMusaHAFMb5WOxpI" alt=""><figcaption><p>The protocol for automated traders.</p></figcaption></figure>

The Infinite Trading Protocol comprises our smart contracts, the API and our SDK's (private for now). This protocol aims to deliver a comprehensive toolkit that enables the streamlined development and deployment of automated trading strategies across diverse networks, including decentralized protocols and centralized exchanges. Built with flexibility in mind, it offers developers a robust set of development tools and API endpoints to create, deploy, and manage portfolios on various blockchains and platforms.&#x20;

Key features of our protocol include:

* **Asset Rebalancing**: Automatically adjusts the asset allocation in a portfolio to maintain desired investment ratios.
* **Composition Monitoring**: Tracks and reports in real-time the composition of portfolios.
* **Leverage Management**: Facilitates the control of leverage levels, enhancing trading strategies while managing risk by using Toros Finance Leveraged tokens (Optimism and Polygon).
* **Algorithmic Order Execution**: Implements complex trading orders based on predefined algorithms for optimal execution.
* **Short-Selling Capabilities**: Integrates mechanisms for short selling within platforms like dHedge, offering strategies for bear markets through Toros Finance Bear Tokens.

Whether you're building on Polygon, Optimism, Arbitrum or Base, the Infinite Trading Protocol API and SDK will provide the foundation needed to innovate and expand the possibilities of DeFi trading solutions. The SDK is currently under development and the repositories will remain private until the team finishes it's development and testing. Developers can request early access to our API for beta testing.&#x20;

<figure><img src="/files/RIeVE7p9xSZmcjxT9FVr" alt=""><figcaption></figcaption></figure>


# Infinite Trading Velodrome Relayer

Maximize and automate your veVELO voting strategy.

The[ **Infinite Trading Protocol Relayer**](https://velodrome.finance/relay?deposit=true\&relay=0x4CaF01B0Be785DDeD8aBC2FF70b8D547AEA12cd2) on Velodrome Finance is a tool designed by Velodrome Finance and Infinite Trading  to maximize rewards for liquidity providers veVELO token holders. Here's how it works and the benefits it offers

#### What is a Relayer?

A relayer on Velodrome Finance is essentially an automated strategy that votes for liquidity pools on behalf of users. These votes determine how liquidity incentives (in the form of rewards) are distributed across different pools. By concentrating votes on the most profitable pools, a relayer can maximize returns for its participants.

#### How Does Our Relayer Work?

The Infinite Trading Protocol Relayer automates the voting process on Velodrome, selecting the most profitable pools each week based on the potential yield. Users who deposit their tokens with our relayer don’t need to worry about weekly votes—everything is handled automatically to ensure optimal returns.

#### Key Benefits:

1. **Best Performing Relayer:** Our relayer consistently outperforms all others on Velodrome, delivering the highest APR. This means users who stake their tokens with us enjoy superior returns compared to other relayers.
2. **Automatic Voting for Growth:** The relayer votes for the most profitable pools, helping to grow both the relayer itself and the DAO’s veVELO holdings. The more veVELO our relayer accumulates, the higher the APRs for the ITP liquidity pools.
3. **Hassle-Free Optimization:** Users can "set and forget" their strategy—simply deposit and let our relayer handle the voting. There’s no need to monitor markets or participate in weekly votes, as the relayer optimizes everything on auto-pilot.
4. **Boosted Liquidity Pool APRs:** By voting for pools that maximize rewards, the relayer helps improve the overall APR of the ITP liquidity pools. This directly benefits liquidity providers, attracting more liquidity and driving up yields.

Deposit and earn with us on auto-pilot—no weekly voting required!

Relayer link:&#x20;

<https://velodrome.finance/relay?deposit=true&relay=0x4CaF01B0Be785DDeD8aBC2FF70b8D547AEA12cd2>


# What is a Velodrome Relayer?

A new way for protocols to maximize their liquidity strategies.

Velodrome combines a powerful incentive engine, vote-lock governance model, and friendly user experience to offer a simple platform for protocols to build and maintain liquidity on-chain.

Projects on Optimism can leverage veVELO votes to direct VELO emissions and attract liquidity for their pools. Since voters receive 100% of the fees and incentives on Velodrome, protocols with a veVELO NFT (veNFT) can actively build liquidity while simultaneously earning rewards.

Managing a veVELO NFT, however, can be time-consuming for teams requiring multisig signers to execute transactions related to locking VELO, voting, and claiming rewards each week.

Velodrome Relay will transform the protocol and user experience by automating the process of managing veNFTs. With Relay, protocols will be able to create personalized voting strategies, select how rewards should be managed, and let the Relay vaults do the work for them.

### How Relay Works <a href="#id-8501" id="id-8501"></a>

**Velodrome Relay is designed with two primary audiences in mind:**

**Protocols seeking liquidity** can automatically direct emissions to their preferred pairs and compound any earned rewards into additional veVELO voting power.

**Users seeking rewards** can allow Relay to vote optimally to maximize rewards and sometimes convert into veVELO.

In Relay V1 protocols will control Relay auto-compounder vaults, for which they’ll create personalized strategies for voting. Once a strategy is created, protocols can delegate their veNFTs to the vaults and let Relay do the voting and compounding of rewards for them. Protocols may choose, for example, to vote exclusively for their own liquidity pools or split voting across different pairs. This will make it easy for them to grow their veNFT positions passively while continuing to support their pairs.

All veVELO holders will be able to use the vaults created by protocols. In its next release, Relay will also enable vaults that will vote optimally to maximize the value of rewards each epoch, ensuring that veVELO holders always get the most out of their votes.

### Core Features <a href="#id-9c8b" id="id-9c8b"></a>

* Protocols will be “given” a Relay auto-compounder vault that they can control. This means they can control how the managed veNFT votes.
* When depositing into a Relay auto-compounder vault, the veNFT positions are merged and converted into a single managed veNFT. Any user may deposit into these vaults.
* Managed veNFTs are in a permanently locked state, which maximizes voting power and thus rewards and rebases. A veNFT withdrawn from a managed veNFT will have its lock time set to the maximum.
* Rebases will be automatically collected and distributed to depositors.
* Rewards will be automatically collected and compounded into the veNFT position, with the amounts distributed proportionally between depositors.
* The auto-compounder is fee free in the ordinary case, as Velodrome will run keepers that will do the auto-compounding (cost should be minimal).
* In the event our keepers are down, the keeper functions are openly available for permissionless calls on the last day prior to the epoch flip. The maximum allowed slippage for the swap call is 5%.

### Other Details <a href="#id-311c" id="id-311c"></a>

* In Relay V1, voting follows strategies defined by the owners of the Relay auto-compounder vaults. A version with auto-max reward voting and compounding will follow following the release of Slipstream.
* Relay V1 will only support V2 pools for compounding; support for Velodrome Slipstream pools will follow after its launch.
* The auto-compounder factory has a list of all tokens that Relay will programmatically compound into more votepower. These tokens have been chosen because of of their relatively deep liquidity.
* All other tokens — may be swept on first day of every epoch by auto-compounder owners, by keepers after day 1, and any user last day.


# SDK Docs

Coming soon!


# R SDK

soon


# Python SDK

soon


# Infinite Trading API v1

The Gateway to Automated Trading and Asset Management

The Infinite Trading API v1 transforms how traders and asset managers interact with DeFi by providing seamless access to advanced trading automation and vault management tools. Designed for simplicity and scalability, our API empowers users to turn on trading bots, rebalance indices, and execute algorithmic trades across multiple blockchain ecosystems without worrying about infrastructure or Web3 protocol integrations.

Ideal for experienced DeFi users, traders, and managers transitioning from Web2, the API allows anyone to deploy their TradingView strategies directly into dHEDGE with ease. It bridges the gap between traditional and decentralized finance by enabling users to leverage familiar tools while expanding their reach into cutting-edge DeFi protocols. With ongoing development, the API will soon include capabilities to execute algorithmic trades directly into user wallets, providing even greater flexibility and control.

The API's multi-chain, multi-protocol, and multi-strategy design provides a robust platform for executing algorithmic orders, monitoring trading signals, and rebalancing vaults dynamically. Our backend continuously monitors pools, maintaining balance integrity, and enabling users to go short using Toros Finance’s innovative bull and bear tokens.

Currently integrated with dHEDGE, the Infinite Trading API v1 has plans to expand to support Enzyme, Valio, Velvet, and other decentralized asset management protocols, solidifying its position as the go-to solution for sophisticated DeFi strategies.

Take your strategies live with Infinite Trading API v1 and unlock the full potential of DeFi automation and asset management.


# Creating and Linking Gas Wallets

This page is dedicated to the instructions for the creation and linking of gas wallets to the vaults and API.

### What are Manager Wallets?

A **manager wallet** is responsible for managing all the vaults within the dHEDGE protocol or any other protocol integrated with Infinite Trading. For security reasons, it is highly recommended that the manager wallet be either a **hardware wallet** or a **multi-signature wallet**. This is crucial because if the manager wallet is compromised, the management of the vaults and all assets under the Total Value Locked (TVL) could be lost.

**Recommendation**: Use a hardware or multi-signature wallet for better security and protection of your vault management operations.

### What are Gas Wallets?

**Gas wallets** are designated as **trader wallets** for executing transactions within the vaults. These wallets should only hold the gas token of the respective network (e.g., ETH on Ethereum or POL on Polygon) and no other assets.

Each vault can either have its own dedicated gas wallet or share a common gas wallet across multiple vaults. However, it is **recommended to create one gas wallet per vault** to avoid potential disruptions. If a shared gas wallet runs out of gas, it could prevent all vaults associated with that wallet from being managed.

**Purpose**: Gas wallets are essential for securely managing vault operations. They enable the execution of orders within the vaults while minimizing the risk of exposure to other assets.

### How to Create or Import a Gas Wallet

1. Visit <https://infinitetrading.io/managers>
2. Sign in using your 'dHEDGE manager wallet'
3. Create a new gas wallet from the front-end

   <figure><img src="/files/rWp8yjL2Anoval6tD1mn" alt=""><figcaption></figcaption></figure>
4. Send gas to the gas wallet on the desired network, add a label, and associate it to your manager.

   <div><figure><img src="/files/GQhWh8iTCyJugpMR9UJX" alt=""><figcaption></figcaption></figure> <figure><img src="/files/1rkQ0AVUJHVN3t4aTRKh" alt=""><figcaption></figcaption></figure></div>
5. Go to the **Managed Vaults** section. Your vault created on dHEDGE should appear there — if not, refresh the page.

   5.1 Click **Set Trader** and assign your **gas wallet** as the trader.

   5.2 Wait for the transaction to confirm.

   5.3 Once confirmed, click **Link Vault to the API**.

   If the system doesn’t let you link it right away, wait a few minutes and refresh the page — the blockchain may need time to register the transaction. After the vault is successfully linked, it will appear under the **API Linked Vaults** section.

### Notes

To link a gas wallet to a dHEDGE vault:

1. Ensure that the gas wallet is set as a **trader** within the dHEDGE vault.
2. The gas wallet must have a sufficient gas balance before it can be linked (it cannot be empty).

By following these steps, you ensure the gas wallet is correctly configured and ready to manage vault transactions.


# Trading Bot Setup using the frontend (NEW)

This page is dedicated to the API Trading Bot and its endpoints.

## Create a new trading bot

First, you need to go to the trading bots section on <https://infinitetrading.io/managers> and then click on 'Create New Bot' section.&#x20;

<figure><img src="/files/5EG55KEtGFfcxOEyGQNW" alt=""><figcaption></figcaption></figure>

## Deploy the new bot

You select the gas wallet and the vault, the assets you want to trade and configure all the settings. After you click deploy, the bot will do the approves and will start executing trades with your desired site. From the frontend, you can change the bot side at any time to be neutral (USDC) or "hold" which will stop the bot from doing anything. If the side is "Long" any USDC on the vault will be converted to the asset selected (in this case cbBTC).

<figure><img src="/files/ib58kSQCqD7UDG3Nujun" alt=""><figcaption></figcaption></figure>

## Automate your strategy

When you open or edit a deploy bot dialog, the frontend provides code snippets in **Python, R, and JavaScript**, as well as the **endpoint URL** to invoke the trading bot. Whenever your strategy switches to **Long**, **Hold/Neutral**, or **Short**, call the endpoint with the corresponding `"side"` parameter and the bot will execute the trade inside your vault.

**MAX USD per trade** limits the dollar amount used for each buy or sell. The **share** parameter also limits position size — for example, a 10% share will sell 10% of the vault each time, but if MAX USD per trade is smaller, that smaller amount is used.

Use **wide slippage settings**:

* Illiquid tokens: **1–3%** (above 0.1 recommended)
* Liquid tokens: **0.1–0.3%**, depending on vault size

You can copy-paste the code with the correct `"side"` value for each signal to automate your strategy. This system is **not designed for HFT**. For a high-frequency setup, contact us — it requires a custom environment and has an additional cost.

<figure><img src="/files/ryyl1OKMw9JiKiSUMBVM" alt=""><figcaption></figcaption></figure>


# Trading Bot Setup (Manual, Not needed) + Trading view

This page is dedicated to the API Trading Bot and its endpoints.

Activate the Trading Bot

* Use the `approve` endpoint to assign permissions to the gas wallet to spend the tokens to be traded. If you plan go short, please approve BTCBEAR1X (Polygon/Optimism/Arbitrum), ETHBEAR1X (Polygon/Optimism/Arbitrum) or MATICBEAR1X (Polyogn) to activate permissions for shorts and when approving those, use platform=toros. Shorts are only available for the following chains and tokens:

  * **Polygon**: WETH, WMATIC, and WBTC
  * **Optimism and Arbitrum**: WETH and WBTC

  Note: Those assets must be enabled on dHEDGE vault as allowed assets first from the official UI.
* Use the `setSide` endpoint to activate the trading bot.
* Specify the strategy side (long/short/neutral) and the asset you want to trade.

#### Integrate with Trading View

* **Buy Signal Alerts**: Copy the `setSide` endpoint to your Trading View strategy alert and paste it into the webhook URL with `side=long`.
* **Sell Signal Alerts**: Copy the `setSide` endpoint to your Trading View strategy alert and paste it into the webhook URL with `side=neutral`.
* **Short Signal Alerts**: Copy the `setSide` endpoint to your Trading View strategy alert and paste it into the webhook URL with `side=short`.


# Admin endpoints

Soon


# Trading Endpoints

Soon


# Data Endpoints

Soon


# Index Rebalance Endpoint

Coming soon!


# AI Endpoint

Coming soon!


