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Increment Finance

Increment Finance is One-stop DeFi Platform on Flow Blockchain. Trade permissionlessly on AMM/DEX. Lend and borrow tokens on Money Market. Earn staking rewards without locking tokens.

Seed Round $1 Million

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Overview

Project industryFinance Services & Banking
Product typeDeFi
WhitepaperIncrement Finance White Paper Open

What is Increment Finance

The ultimate vision of Increment is to become a fundamental DeFi infrastructure in the Flow ecosystem, one that serves as a liquidity engine for fungible tokens, to efficiently release and leverage more capital, paving the way for further decentralized financial applications and innovations on the Flow blockchain.

Increment Swap is a uniswap-v2 like CPAMM-based decentralized exchange (DEX) on the flow blockchain.

It allows creation of trading pairs between arbitrary fungible tokens (FT) in a totally permissionless way, with functionalities like CreatePair, AddLiquidity, RemoveLiquidity, Swap, TWAP-Oracle, etc.

Increment Earn is a smart-contract-based, algorithmically-set interest rate, and decentralized money market for mainstream tokens on Flow blockchain. Since its launch on the mainnet 3 weeks ago, 160 suppliers and 50 borrowers have already used the protocol.

Decentralized Price Feed. We've built and been maintaining a native price oracle service on the Flow blockchain that combines both decentralization and practicability. The service may also serve as public goods for other projects building on Flow blockchain.

Details

Raised: 1,000,000 USD

Legal

Blockchain Platform: FLOW

Increment Finance Roadmap

1
2022 Q1
  • Idea inception and ramp up on flow & cadence development.
  • Research and develop a CPAMM-based decentralized exchange, allowing arbitrary FungibleToken trading pair creation and swapping.
  • Research and develop a medianizer-based decentralized price feed.
  • Research, develop and public beta testing of the decentralized lending protocol and liquidation service.
  • Flow testnet deployment and public testnet events.
2
2022 Q2
  • Security auditing and mainnet deployment for the decentralized exchange, decentralized lending protocol, as well as decentralized price feed.
  • Integrating with self-custodial wallet providers and cross-chain bridges.
  • Publishing tutorials and guidances for more user education and engagement.
3
2022 Q3
  • Release liquidity-provision-as-a-service v1.0 to incentivize liquidity providers and long-term believers.
  • Research and develop a stableswap-based decentralized exchange for trading between pegged assets.
  • Research and develop flashloan infrastructure and flashloan-based liquidation service.
  • Explore potential integration & collaboration, onboard more Fungible Token assets on Flow.
  • Design and prepare the incentive model for all Increment platform participants.

Social media

Increment Finance web-siteIncrement Finance MediumIncrement Finance X (Twitter)Increment Finance DiscordIncrement Finance Github

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