Increment

Increment Labs is developing different DeFi protocols on the Flow blockchain, with the objective of becoming the liquidity and yield engine for the Flow ecosystem.Incrementecosystem. Increment Earn refers to a pool-based, algorithmically-set interest rate, decentralized money market created for fungible tokens on the Flow blockchain. It collates user supplieduser-supplied funds into smart contracts, and deposited fungible tokens are utilized as collaterals for borrowing fungible tokens.

Increment Finance is a DeFi Platformplatform on Flow Blockchainblockchain enabling users to get staking rewards without locking tokens. Users can lend and borrow tokens on Money Market, and trade on AMM/DEX. It offers a decentralized Money Market for Fungible Tokens on the Flow Blockchain. Users can supply Fungible Tokens infungible ordertokens to getreceive interest, and utilize deposited funds as collateral, in order to borrow other Fungiblefungible Tokenstokens

The decentralized exchange for trading Fungiblefungible Tokenstokens on Flow allows users to swap. Users can create arbitrary Fungiblefungible Tokentoken trading pairs, and trade pegged assets on Flow. Liquid Staking siis also enabled with stFlow, a token derivative to receive Flow Staking Rewards. Users can deposit stFlow to the lending market for extra yields and to borrow other assets. They can redeem stFlow back into liquid Flow through DEX.

Increment Labs is developing different DeFi protocols on the Flow blockchain, with the objective of becoming the liquidity and yield engine for the Flow ecosystem.Increment Earn refers to a pool-based, algorithmically-set interest rate, decentralized money market created for fungible tokens on the Flow blockchain. It collates user supplied funds into smart contracts, and deposited fungible tokens are utilized as collaterals for borrowing fungible tokens.

Increment Finance is a DeFi Platform on Flow Blockchain enabling users to get staking rewards without locking tokens. Users can lend and borrow tokens on Money Market, and trade on AMM/DEX. It offers a decentralized Money Market for Fungible Tokens on the Flow Blockchain. Users can supply Fungible Tokens in order to get interest, and utilize deposited funds as collateral, in order to borrow other Fungible Tokens

The decentralized exchange for trading Fungible Tokens on Flow allows users to swap. Users can create arbitrary Fungible Token trading pairs, and trade pegged assets on Flow. Liquid Staking si also enabled with stFlow, a token derivative to receive Flow Staking Rewards. Users can deposit stFlow to the lending market for extra yields and to borrow other assets. They can redeem stFlow back into liquid Flow through DEX.

The ultimate vision of Increment is to become a fundamental DeFi infrastructure in the Flow ecosystem, one that serves as a liquidity engine for fungible tokens, to efficiently release and leverage more capital, paving the way for further decentralized financial applications and innovations on the Flow blockchain.

Flow blockchain has been well-known for NFTs and the team behind it, i.e. Dapper Labs, creator of CryptoKitties and ERC721 standard, with a bunch of successful projects like NBA TopShot, Blocto, Rarible, ChainMonsters, Mynft, etc. launched on Flow mainnet in 2021.

Many people now bear the opinion that Flow is a blockchain built specifically for NFTs. This is only 50% true — the account system and resource-oriented model is very suitable to describe true ownership — instead of relying on a central smart contract storing ownership mappings, Flow allows storing the NFTs and digital assets directly into user accounts. It represents real ownership by granting users full control of their assets — this is a new paradigm that’s very suitable for building NFTs and scarce digital assets.

However, as a generalized public chain with the vision to power next generation apps and games, Flow has far more potential to be unleashed beyond NFTs. We do hear the voices from users and see the growing demand for decentralized financial products, but still the infrastructure is missing. Taking a retrospect of every boomed public chain, DeFi is one of the most important indispensable catalysts, specifically in areas like stablecoins, lending platforms, DEXes, yield strategies, etc. Increment Labs is building several DeFi protocols on Flow to solve the above mentioned problems, with Decentralized Money Market being the first product going public testnet launch on 02/10/2022, and a lot more to come

The ultimate vision of Increment is to become a fundamental DeFi infrastructure in the Flow ecosystem, one that serves as a liquidity engine for fungible tokens, to efficiently release and leverage more capital, paving the way for further decentralized financial applications and innovations on the Flow blockchain.

Flow blockchain has been well-known for NFTs and the team behind it, i.e. Dapper Labs, creator of CryptoKitties and ERC721 standard, with a bunch of successful projects like NBA TopShot, Blocto, Rarible, ChainMonsters, Mynft, etc. launched on Flow mainnet in 2021.