What is Solrise Finance (SLRS) | What is Solrise Finance token | What is SLRS token

In this article, we’ll discuss information about the Solrise Finance project and SLRS token

What is Solrise Finance (SLRS)?

Solrise Finance is a decentralized, trustless, and non-custodial asset management platform built on Solana. Solrise allows anyone to start or invest in a fund with as little as $20.

Solrise was established in response to personal frustrations about Robinhood’s centralized decision to halt all trading of GME stock - the team realized that there was no effective way for retail investors to invest small amounts on ETH based asset management platforms due to the high transaction fees.

At Solrise Finance, we’re building a protocol for creating and running decentralized, trust-minimized investment funds on the Solana blockchain.

With Solrise, managers will be able to create funds that include asset classes from across the Solana ecosystem and beyond — we intend to integrate with every DeFi protocol that can expand the pool of assets available. Investors will be able to explore and track the performance of funds across the platform in detail — both historically and in real time — before deciding where to invest, with an extremely low barrier to entry.

We want Solrise to be positioned in the middle of the Solana ecosystem as the best way for those who have untapped asset management potential to realize it, and for the rest of us — busy, lazy, or just not financial geniuses — the best way to get great returns from excess investment capital.

But why will Solrise pull it off?

Compared to existing decentralized fund models operating on the Ethereum blockchain, we can reduce the cost of basic operations from hundreds of dollars to cents at most, alongside dramatically faster trading speeds. Solana offers unparalleled low latency and transaction costs alongside full decentralization. It’s the natural home for a platform of this kind.

The Solrise team itself has been building hard on Solana for quite a while. We previously built both  https://solflare.com/ and  https://solanabeach.io/, so we’re confident we have the skills to execute both fast and well.

How does it work?

The Solrise protocol allows anyone to create an Investment Fund and act as a Manager of said fund. The Investment Fund holds a pool of assets — supporting any SPL tokens that exist on the Solana blockchain. The protocol currently supports native and wrapped assets, but we will be expanding this to include more generalized asset classes soon.

We’ll achieve this by onboarding price oracles — initially performed by the team, later through protocol governance. We intend to generalize our definition of “assets” to include anything that has a determined price — synthetic assets, stocks, inverses, asset buckets and even other funds.

The protocol currently permits a single Manager key to perform trades with integrated platforms on behalf of fund investors without the possibility of exiting the funds. In the future, we plan to add a pluggable governance module, allowing for fine-grained access control of investors as well as constraints on the form of whitelisted protocols and assets the fund is allowed to perform and interact with.

Why are we building on Solana?

At Solrise, we want to enable anyone to run or invest in decentralized funds. In practice, creating a DeFi fund platform “for everyone” means keeping transaction fees and entry fees (that is, the cost of investing in a fund) down as much as possible — an increasingly significant challenge in the modern crypto landscape, as anyone who has recently sent an ETH TX and paid $30 for it knows.

Ethereum is very much here to stay, with tens of thousands of active projects and a bright future — but it’s a terrible fit for a decentralized fund platform of this kind. Creating a Solrise style fund on Ethereum means an initial fee of approximately $500 in gas due to storage costs, alongside an $250+ fee for investor entry and even higher fees for exit. Managers can find themselves paying $150+ every time they rearrange assets.

This just isn’t good enough for our customers. We can’t make our product an universal offering when investors need to be putting in tens of thousands at once to justify the loss to fees, and we can’t provide a competitive environment for our fund managers when they’re paying hundreds of dollars for trades that take half a minute. These fees disincentivize managers from active trading, pushing them towards moving their portfolios around once every few days at most, and restrict investment to those who are able to pay onerous fees.

Luckily — the future is multi chain. Enter Solana.

Solana provides a truly high-performance blockchain architecture that offers currently unparalleled transaction speed and costs. Solana can scale up to 50k transactions per second without an issue (versus Ethereum’s 15) and offers costs that are multiple orders of magnitude lower than the competition. In practice, this means our users can enter or exit funds for an effective cost of around $0.001, and trades are confirmed within moments.

We’ve been building on Solana for the past year — in fact, we previously built both Solflare and Solana Beach — so we know as well as anyone what builders can do on Solana, and we’re very confident about it. We believe that Solana is perfectly adapted to become the third blockchain to hit true widespread adoption after Ether and BTC. BTC has adapted to become a long-term store of value with low trading frequency, whereas Ether has become a natural “clearing house” — an intermediary station for high-value trades and settlement.

Solana provides a crucial alternative offering — that is, a platform naturally adapted for high-frequency activity at low cost, with cross-chain integrations that allow access to key assets from across the crypto universe. Solana’s bidirectional token bridge,  Wormhole, is now in the process of active rollout and allows tokenized assets to be transferred directly from Ethereum to Solana — meaning Solana has access to every notable ERC20, alongside the thousands more that nobody cares about.

The Solana ecosystem is growing rapidly, with some very strong integrations available. Serum and its extensive cross-chain functionality will allow us to offer multiple top tokens including BTC, ETH, and USDC at launch. Recent winners of the Solana x Serum DeFi hackathon include  Mango Markets, who offer leveraged trading, and Synthetify who are building out a synthetic asset protocol — key aspects of allowing us to offer a “hedge fund-like” set of tools for traders. If we’re able to integrate these services with Solrise, we’ll be able to offer an incredible diversity of assets and strategies to fund managers and investors — and is really just the start of what can be done with Solana.

The key to all this — transaction costs and technology aside — is that using Solana allows us to offer an unprecedented service to our users. With Solrise, anyone can start their own fund with setup and operating costs of close to 0, and anyone with a laptop and $500 can invest and reap the same level of returns that were previously reserved for high net worth individuals. Simply put, building on Solana allows us to offer a drastically better user experience than we could on any other blockchain.

How and Where to Buy SLRS token?

SLRS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SLRS token.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since SLRS is an altcoin we need to transfer our coins to an exchange that SLRS can be traded. Below is a list of exchanges that offers to trade SLRS in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase SLRS from the exchange: FTX exchange

The top exchange for trading in SLRS token is currently FTX

Find more information SLRS

WebsiteSocial ChannelSocial Channel 2Social Channel 3Message BoardCoinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!

☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐

Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!

#blockchain #bitcoin #slrs #solrise finance

What is GEEK

Buddha Community

What is Solrise Finance (SLRS) | What is Solrise Finance token | What is SLRS token

What is Solrise Finance (SLRS) | What is Solrise Finance token | What is SLRS token

In this article, we’ll discuss information about the Solrise Finance project and SLRS token

What is Solrise Finance (SLRS)?

Solrise Finance is a decentralized, trustless, and non-custodial asset management platform built on Solana. Solrise allows anyone to start or invest in a fund with as little as $20.

Solrise was established in response to personal frustrations about Robinhood’s centralized decision to halt all trading of GME stock - the team realized that there was no effective way for retail investors to invest small amounts on ETH based asset management platforms due to the high transaction fees.

At Solrise Finance, we’re building a protocol for creating and running decentralized, trust-minimized investment funds on the Solana blockchain.

With Solrise, managers will be able to create funds that include asset classes from across the Solana ecosystem and beyond — we intend to integrate with every DeFi protocol that can expand the pool of assets available. Investors will be able to explore and track the performance of funds across the platform in detail — both historically and in real time — before deciding where to invest, with an extremely low barrier to entry.

We want Solrise to be positioned in the middle of the Solana ecosystem as the best way for those who have untapped asset management potential to realize it, and for the rest of us — busy, lazy, or just not financial geniuses — the best way to get great returns from excess investment capital.

But why will Solrise pull it off?

Compared to existing decentralized fund models operating on the Ethereum blockchain, we can reduce the cost of basic operations from hundreds of dollars to cents at most, alongside dramatically faster trading speeds. Solana offers unparalleled low latency and transaction costs alongside full decentralization. It’s the natural home for a platform of this kind.

The Solrise team itself has been building hard on Solana for quite a while. We previously built both  https://solflare.com/ and  https://solanabeach.io/, so we’re confident we have the skills to execute both fast and well.

How does it work?

The Solrise protocol allows anyone to create an Investment Fund and act as a Manager of said fund. The Investment Fund holds a pool of assets — supporting any SPL tokens that exist on the Solana blockchain. The protocol currently supports native and wrapped assets, but we will be expanding this to include more generalized asset classes soon.

We’ll achieve this by onboarding price oracles — initially performed by the team, later through protocol governance. We intend to generalize our definition of “assets” to include anything that has a determined price — synthetic assets, stocks, inverses, asset buckets and even other funds.

The protocol currently permits a single Manager key to perform trades with integrated platforms on behalf of fund investors without the possibility of exiting the funds. In the future, we plan to add a pluggable governance module, allowing for fine-grained access control of investors as well as constraints on the form of whitelisted protocols and assets the fund is allowed to perform and interact with.

Why are we building on Solana?

At Solrise, we want to enable anyone to run or invest in decentralized funds. In practice, creating a DeFi fund platform “for everyone” means keeping transaction fees and entry fees (that is, the cost of investing in a fund) down as much as possible — an increasingly significant challenge in the modern crypto landscape, as anyone who has recently sent an ETH TX and paid $30 for it knows.

Ethereum is very much here to stay, with tens of thousands of active projects and a bright future — but it’s a terrible fit for a decentralized fund platform of this kind. Creating a Solrise style fund on Ethereum means an initial fee of approximately $500 in gas due to storage costs, alongside an $250+ fee for investor entry and even higher fees for exit. Managers can find themselves paying $150+ every time they rearrange assets.

This just isn’t good enough for our customers. We can’t make our product an universal offering when investors need to be putting in tens of thousands at once to justify the loss to fees, and we can’t provide a competitive environment for our fund managers when they’re paying hundreds of dollars for trades that take half a minute. These fees disincentivize managers from active trading, pushing them towards moving their portfolios around once every few days at most, and restrict investment to those who are able to pay onerous fees.

Luckily — the future is multi chain. Enter Solana.

Solana provides a truly high-performance blockchain architecture that offers currently unparalleled transaction speed and costs. Solana can scale up to 50k transactions per second without an issue (versus Ethereum’s 15) and offers costs that are multiple orders of magnitude lower than the competition. In practice, this means our users can enter or exit funds for an effective cost of around $0.001, and trades are confirmed within moments.

We’ve been building on Solana for the past year — in fact, we previously built both Solflare and Solana Beach — so we know as well as anyone what builders can do on Solana, and we’re very confident about it. We believe that Solana is perfectly adapted to become the third blockchain to hit true widespread adoption after Ether and BTC. BTC has adapted to become a long-term store of value with low trading frequency, whereas Ether has become a natural “clearing house” — an intermediary station for high-value trades and settlement.

Solana provides a crucial alternative offering — that is, a platform naturally adapted for high-frequency activity at low cost, with cross-chain integrations that allow access to key assets from across the crypto universe. Solana’s bidirectional token bridge,  Wormhole, is now in the process of active rollout and allows tokenized assets to be transferred directly from Ethereum to Solana — meaning Solana has access to every notable ERC20, alongside the thousands more that nobody cares about.

The Solana ecosystem is growing rapidly, with some very strong integrations available. Serum and its extensive cross-chain functionality will allow us to offer multiple top tokens including BTC, ETH, and USDC at launch. Recent winners of the Solana x Serum DeFi hackathon include  Mango Markets, who offer leveraged trading, and Synthetify who are building out a synthetic asset protocol — key aspects of allowing us to offer a “hedge fund-like” set of tools for traders. If we’re able to integrate these services with Solrise, we’ll be able to offer an incredible diversity of assets and strategies to fund managers and investors — and is really just the start of what can be done with Solana.

The key to all this — transaction costs and technology aside — is that using Solana allows us to offer an unprecedented service to our users. With Solrise, anyone can start their own fund with setup and operating costs of close to 0, and anyone with a laptop and $500 can invest and reap the same level of returns that were previously reserved for high net worth individuals. Simply put, building on Solana allows us to offer a drastically better user experience than we could on any other blockchain.

How and Where to Buy SLRS token?

SLRS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SLRS token.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since SLRS is an altcoin we need to transfer our coins to an exchange that SLRS can be traded. Below is a list of exchanges that offers to trade SLRS in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase SLRS from the exchange: FTX exchange

The top exchange for trading in SLRS token is currently FTX

Find more information SLRS

WebsiteSocial ChannelSocial Channel 2Social Channel 3Message BoardCoinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!

☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐

Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!

#blockchain #bitcoin #slrs #solrise finance

Angelina roda

Angelina roda

1624219980

How to Buy NFT Art Finance Token - The EASIEST METHOD! DO NOT MISS!!! JUST IN 4 MINUTES

NFT Art Finance is currently one of the most popular cryptocurrencies right now on the market, so in today’s video, I will be showing you guys how to easily buy NFT Art Finance on your phone using the Trust Wallet application.
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=sKE6Pc_w1IE
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #nft art finance token #token #buy nft art finance #how to buy nft art finance token - the easiest method!

David mr

David mr

1624312800

SPORE FINANCE PREDICTION - WHAT IS SPORE FINANCE & SPORE FINANCE ANALYSIS - SPORE FINANCE

SPORE FINANCE PREDICTION - WHAT IS SPORE FINANCE & SPORE FINANCE ANALYSIS - SPORE FINANCE

In this video, I talk about spore finance coin and give my spore finance prediction. I talk about the latest spore finance analysis & spore finance crypto coin that recently has been hit pretty hard in the last 24 hours. I go over what is spore finance and how many holders are on this new crypto coin spore finance.
📺 The video in this post was made by Josh’s Finance
The origin of the article: https://www.youtube.com/watch?v=qbPQvdxCtEI
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #spore finance #what is spore finance #spore finance prediction - what is spore finance & spore finance analysis - spore finance #spore finance prediction

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token

walter geed

1607181248

Decentralized Finance (DeFi) Development Company | DeFi Development

Development of decentralized finance platform solutions.
Start leveraging your business financial operations towards the concept of decentralization via the embracement of decentralized finance platform solutions from our side.

Decentralized Finance Development (DeFi) to launch your Defi ecosystem.
Here are our decentralized finance development (Defi) services to make your business move to its next level of improvement in its technology front.

#decentralized finance (defi) development company #decentralized open finance (defi) development services company #decentralized finance platforms solutions #decentralized finance development (defi) #open finance development #decentralized finance (defi) development solutions