Single Finance — an intuitive platform for all your DeFi investments, minimizing correlation with the overall market. Everything here is generated from your invested capital in US dollars.
Description of the Single Finance platform
Single Finance — the first DeFi protocol to offer USD capital protection strategies for leveraged farmers. Developers help to keep your leveraged farm positions safe and stable by protecting your principal with suggested strategies.
The unified financial platform runs on the Cronos, Fantom and other EVM compatible blockchains and is designed to interact with additional blockchains and generate income from cross-chain platforms. The platform not only opens positions for users, but also monitors constantly changing market situations and uses bots in its ecosystem to execute pre-configured strategies.
Distinctive features:
| One click strategies | The developers make every effort to share with you various useful strategies in one click, choosing the very strategies that are useful in all market situations. |
| Automated bots | Provide individual users with tools, previously available only to institutional farmers. |
| LP Time Machine | The liquidity pool time machine collects all historical data from the index nodes of all EVM-compliant chains. It provides data on real returns. Including trading fees, DEX (yield farming) yield and price effect to help users to choose their winning pairs. |
The unified financial platform runs on Cronos, Fantom and other EVM-compatible blockchains. There are a number of wallets that can be configured for use in the ecosystem, while the most popular currently supported wallet options are MetaMask and Defi-Wallet.
Capital protection
Single Finance offers users a variety of products to participate in the Defi ecosystem, from lending and betting to leveraged crop farming, with a liquidity pool analytics tool to enable users to select products that best reflect their risk appetite and expected return. While all protocols provide for liquidation thresholds to protect creditors, protection for farmers, using the leveraged funds, is very weak.
In addition to liquidation thresholds, Single Finance introduces a capital protection ratio, offering an additional layer of protection for all leveraged farmers. Unlike most stop-loss mechanisms in the market, which are based on a debt ratio, the Capital Protection Bot tracks the real-time value of a position in USD.