3 reasons why Potion’s “aggressive decentralisation” is changing the DeFi game

PotionLabs comprises three key components: a protocol, a suite of analytic tools, and an intriguing launch mechanism. We’ll go through each in turn, highlighting the key features and how each one is changing the DeFi game. Potion Protocol Key features A new, powerful risk management layer in DeFi that offers products like insurance from an automated market maker (AMM) A one-of-a-kind bonding curve that prices any asset depending on the LP’s risk A decentralised order book that allows LPs to…

PotionLabs Kicks Off Auction for ‘Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol

The Potion Unlock game is a social experiment to bootstrap a decentralized community around a DeFi protocol. PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks…

Potion Protocol Review – The Next-Generation AMM for Risk Management in DeFi

Potion Protocol is a community-driven project that aims to protect users from the many risks lurking in decentralized finance. It is accessible, open, web3-native and transparent. Furthermore, it aims to help users earn yields when selling insurance minimizing the risk of losing their assets. Potion Labs is preparing to launch Potion Unlock shortly, an open-ended, on-chain social game that rewards players with the decryption and release to the public domain of the Potion protocol’s codebase and related documentation. It’s based…