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Charm Labs: experimental protocols.

Charm is an ecosystem of innovative products within DeFi.

The goal is to build a vibrant community where anyone can research, build, and govern the protocols within Charm, as well as to provide new tools and resources for billions of people to learn and develop.

Alpha Vaults, an automated LP vault for Uniswap V3, is Charm's flagship product. It was the first Uniswap V3 LP vault to launch; and the simplest, most stable, and highest returning LP vault of its kind.

Alpha Vaults pioneered range order strategies and passive rebalancing, and its success created a new industry for market makers on Uniswap V3.

Previous products launched by Charm include Charm Options, a groundbreaking options AMM; and Cube Tokens, a leveraged token protocol. Both products have been discontinued, in order to focus research and development efforts on Alpha Vaults and version 2 of Charm Options.

Despite the proliferation of financial products, DeFi has yet to produce a savings

product simple and safe enough to gain mass adoption. The price volatility of

most cryptoassets makes staking unfit for the vast majority of consumers. On the

other end of the spectrum, the cyclical nature of stablecoin interest rates on DeFi

staples like Maker and Compound makes those protocols ill-suited for a household

savings product. To address this pressing need we introduce Anchor, a savings

protocol on the Terra blockchain that offers yield powered by block rewards of major

Proof-of-Stake blockchains. Anchor offers a principal-protected stablecoin savings

product that pays depositors a stable interest rate. It achieves this by stabilizing

the deposit interest rate with block rewards accruing to assets that are used to borrow

stablecoins. Anchor will thus offer DeFi’s benchmark interest rate, determined by

the yield of the PoS blockchains with highest demand. Ultimately, we envision

Anchor to become the gold standard for passive income on the blockchain.

What is Shadows?

Shadows is a decentralized synthetic asset issuance protocol built on Substrate. The value of these synthetic assets is underpinned by DOWS, and as long as DOWS is locked in a smart contract, synthetic assets can be issued.

Unique debt pool design mechanism. Trading of synthetic assets is essentially a transfer between debts. Smart contracts automatically execute the conversion of a synthetic asset to another synthetic asset without an order book, without counterparties, and without the problems of liquidity and trading slippage.

Why do you need Shadows？

Since there will always be people who are unable or unwilling to hold the initial assets, synthetic assets can fulfill our more diversified needs.

or users with hedging needs, they need stablecoins (which are synthetic assets) on the blockchain for liquidity rather than dollars;

synthetic assets often have more financial attributes than original assets.

For example, your cannot earn interest by holding BTC, but you can obtain continuous income by holding xBTC anchored to BTC.