Even since this year DeFi The market has gained remarkable growth ,DEX Has begun to enter the real use stage , But trading volume is mainly from individual traders , Use DeFi There are very few institutional users of agreement trading . For this question , Once asked a friend who does digital money quantitative Fund , If ETH2 after Gas Can reduce the , Will that take into account Uniswap etc. DeFi Trading on the platform ？ The answer is the lack of mature trading tools , for example API etc. , The research and development of transaction team is often based on algorithm research and development , If it needs to be based on DeFi There is still a certain pressure for the protocol to carry out functional research and development at this stage .
For trading institutions DeFi The agreement deserves attention , See traditional financial markets and centralized digital money markets , This is a DeFi The next development direction of ,DeFi The market will also consist of individual traders and institutional traders .
Fireblocks DeFi For Institutional users Provides a preliminary available solution , Contains the main functions ：
Programmable algorithms API
Multi approval signature mechanism
Transaction integration supporting audit
DeFi（ Decentralized Finance ） Its popularity has exploded over the past year , Now it's almost 150 Billion dollars locked in DeFi In smart contracts , And last year 12 Months are not enough 10 Billion dollars .
however , At present, most institutional investors cannot use DeFi. Just like the former Morgan Stanley banker and now Jump Capital Peter, executive · Johnson （Peter Johnson） said ：“ If you want to take part in DeFi And carry out liquidity mining , Know what you need to do . It is mainly the technicians who have been working in this area for some time .”
For the hope of using DeFi Strategy （ For example, decentralized exchange trading , Decentralized lending / Loan , Liquidity and mining ） Organization ,Fireblocks Now provide secure enterprise level access , Most importantly, easy access to all decentralized exchanges and Applications .
Fireblocks So that the mechanism can start DeFi Strategy , At the same time, ensure that security can be met 、 Operational and regulatory requirements .
Fireblock DeFi The way it used to be
To access today's DeFi agreement , Most organizations use browser based applications 、 Hardware wallet or custom integration . But these technologies don't provide enterprise level security 、 Efficiency and scalability .
Public private key
Some organizations use browser based or mobile applications to access DeFi agreement . Although these apps are enough to meet the needs of individual investors , But they're trading houses 、 Hedge funds and OTC Businesses bring a variety of security risks .
browser-based DeFi The biggest problem with applications is that they keep the private key and sign and trade through the browser . When hackers steal information from the browser , Stealing money is the next simple operation .
Some organizations store their private keys in hardware wallets （ Such as Trezor and Ledger Nano equipment ） On , For its DeFi The operation adds an extra layer of security .
Using hardware wallets for DeFi The problem with increasing security is that , It brings operational and governance issues to institutions . Large scale trade fairs require multiple approval processes 、 Check strategy . But when using a single physical device, it is difficult to implement the organization's own processes and Strategies , Especially in this age of telecommuting .
Relying on developers
You can also develop your own DeFi Infrastructure , For every kind of DeFi The protocol establishes a custom integration method .
but DeFi There are many kinds of agreements , And it's growing , Each protocol requires technical team development and security maintenance , It can be a waste of time .
It's almost impossible to create an integrated audit record with a single wallet . For enterprise level accounting and compliance , Auditability and transparency are critical .
The standard of personal rank
Unfortunately , Access through consumer applications DeFi It also means that assets are not insured , For example, many exchanges have been hacked into and unable to return user funds , This is when institutions need insurance .
Fireblocks DeFi The function of
2020 Beginning of the year ,Fireblocks Launched the Compound Integrated application — The first one is with DeFi Connected institutional wallets .Fireblocks Of DeFi Access mechanisms are currently being extended to all DEX And Applications .
Fireblocks DEFI API and Browser extensions Provides security for including operations 、 A complete institutional level solution for efficiency and consistency .
Secure private key （ utilize
Automated algorithmic trading （DeFi API）;
Internal strategy and workflow , For example, multiple authorizations are requested when an asset is sent to a specific protocol ;
Prevention of hacker intrusion governance — Restrict access to immature protocols ;
The auditability of compliance （ Integrated transaction log ）;
insurance （ The coverage is as high as 3000 Thousands of dollars , For cyber attacks 、 Internal fraud 、 Software errors, etc ）.
Uniswap founder Hayden Adams：
We are very glad to see Fireblocks Provides access to institutional clients Uniswap Depth and long tail liquidity pool opportunities . Continuous support and adoption by professional investment companies and infrastructure providers , It is essential for the healthy long-term growth and maturity of decentralized Finance .
How to use Fireblocks DeFi？
Fireblocks Two mechanisms are provided to access decentralized exchanges and DeFi Applications .
1）Fireblocks DeFi API
API The framework allows for DeFi Programmatic access , This is most suitable for agreement with （ Such as DEX Market making 、 To loan 、 Clearing robot 、 Coinage and firing ） And other use cases that need real-time interaction for automated algorithm interaction .
Fireblocks DeFi API Include ：
A new set of endpoints that allow users to invoke smart contract functionality .
Contains the most popular protocol code examples and Ethers.js,Web3 And other popular DeFi Library linked SDK.
New policy rules , A management mechanism that allows multiple users to approve smart contract transactions and protocol levels .
2）Fireblocks DeFi Browser extensions
Besides ,Fireblocks Provides a browser extension , So that users can use their Web Application and DeFi Protocol to interact . Browser extensions recognize users , And will ask for DeFi Transaction input to selected Fireblocks Vault in , To enhance preconfigured policies and MPC Signature security .
Fireblocks DeFi Accessible applications
Use Fireblocks DeFi, Can be accessed safely at present Uniswap and Curve The decentralized exchange 、 Decentralized lending agreements 、 Liquidity mining agreement 、 Pledge agreements and many other popular DeFi Applications , for example ：
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