Crypto

Supra Unveils Its DeFi Revolution Campaign

Supra’s DeFi Revolution: Transforming the Future of Decentralized Finance

Supra, a pioneering Layer-1 blockchain, is spearheading a groundbreaking campaign known as the DeFi Revolution. This ambitious initiative aims to empower developers and participants within the decentralized finance (DeFi) ecosystem. According to recent updates shared with Finbold on Thursday, February 20, this campaign is set to introduce significant advancements in the DeFi landscape.

Innovative Features of the DeFi Revolution Campaign

The DeFi Revolution campaign is set to offer a plethora of enhancements that promise to redefine the capabilities of DeFi platforms. These include:

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  • Enhanced MultiVM support, providing a more robust and versatile virtual machine environment.
  • Advanced in-protocol oracles, ensuring accurate and reliable data for smart contracts.
  • Native on-chain randomness, offering unpredictable and secure random number generation.
  • Cross-chain communication, facilitating seamless interactions between different blockchain networks.
  • Expanded automation capabilities, revolutionizing the efficiency of DeFi operations.

These features represent more than just incremental improvements; they are set to transform the DeFi landscape fundamentally. This transformation is at the heart of what Supra calls The DeFi Revolution, promising to benefit the entire community.

Supra’s Automation Framework

Supra’s automation framework is a cornerstone of this revolutionary campaign. It offers enhanced functionalities such as auto-arbitrage, auto-liquidations, and Maximum Extractable Value (MEV) protection at the blockchain level. This integration effectively safeguards the ecosystem from external threats like liquidators, arbitrageurs, and MEV exploiters.

Joshua Tobkin, the CEO and Co-Founder of Supra, eloquently summarized the campaign’s mission:

“The current DeFi landscape has significant flaws. However, with Supra’s fully integrated stack, we empower developers with the tools they need to regain control, enhance execution quality, and build a DeFi ecosystem that truly serves their needs.”

Auto-arbitrage functionalities ensure trades are executed directly at the protocol level, resulting in tighter spreads, better pricing, and profits that remain within the ecosystem. Meanwhile, auto-liquidations enable zero-block delay liquidations to prevent cascading failures and guarantee protocol stability. Additionally, by randomizing transaction ordering through cryptographic threshold signatures, MEV resistance mitigates cybersecurity threats such as front-running and sandwich attacks. Consequently, Supra’s automation framework prioritizes the facilitation of DeFi transactions in a secure and efficient manner.

A New Revenue Model on Supra

In addition to optimizing transactions, the innovations initiated by the DeFi Revolution campaign are poised to establish a novel revenue model. The value generated through automated processes will be utilized to enhance two core focuses on Supra:

  1. The introduction of a revenue-sharing model, which will distribute earnings across decentralized applications (dApps), node operators, and the treasury.
  2. The creation of a decentralized network treasury, managed by the community, which will ensure sustainable growth and continuous reinvestment in the ecosystem.

According to Tobkin, these automated execution systems are designed to guarantee “fairer transactions, improved liquidity, and stronger DeFi incentives.” This represents a significant step forward in creating an equitable and thriving DeFi environment.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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