{"id":18110,"date":"2022-02-21T17:34:08","date_gmt":"2022-02-21T14:34:08","guid":{"rendered":"https:\/\/esatoshi.club\/?p=18110"},"modified":"2022-02-21T17:34:11","modified_gmt":"2022-02-21T14:34:11","slug":"project-overview-single-finance-single","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2022\/02\/21\/project-overview-single-finance-single\/","title":{"rendered":"Project Overview: Single Finance ($SINGLE)"},"content":{"rendered":"\n<p>Have you ever hit a terrible roadblock trying\nto run some financial transactions? Perhaps you have had a terrible\nnerve-wracking experience while farming on leveraged yield farming facilities.\nIf this is you, then you are not alone. <em>Let&#8217;s\nsay that again\u2026<\/em> Since we are talking about Single Finance, you might be\nsingle but you&#8217;re not alone when talking about losing huge percentages of your\ncapital when farming. We know a big project that went through just about the\nsame thing and decided to do more than whine about it \u2014 they choose to make a\ndifference!<\/p>\n\n\n\n<p>Close your eyes and imagine a platform where\nyou as a farmer are free from all the stress, anxiety, and brainstorming that\ncomes with monitoring the market and performing complex activities. Just\npicture for teensy seconds that you are free from the burden of doing\ntime-consuming stop-loss activities manually. Wouldn&#8217;t it mean so much if there\nwere more accurate indicators to reflect the true profits &amp; losses of your\npositions as a leveraged yield farmer?<\/p>\n\n\n\n<p>We bet if that did happen, it&#8217;d be Christmas\nevery day for leveraged yield farmers like you perhaps. The good news is that\nyou and we are among the lucky ones to witness the birth of a single financial\ntool dedicated to helping farmers. Want to find out more about it? Pack your\nbags, you don&#8217;t mind if you tag along.<\/p>\n\n\n\n<h2 class=\"has-text-align-center\">Meet Single Finance<\/h2>\n\n\n\n<p>Meet the superhero we&#8217;ve been talking to you\nabout Single Finance! Single Finance is a <\/p>\n\n\n\n<p>Single Finance is an exceptionally\nfriendly&nbsp;user platform for all of your DeFi assets, reducing correlations\nto the general market. Everything on Single Finance is calculated using the\ncapital you have injected in US dollars (USD). Every detail is envisaged. And\nit&#8217;s all right there at your fingertips.<\/p>\n\n\n\n<p>Single Finance is the first DeFi protocol\noffering USD-based capital-protecting strategies for leveraged yield farmers.\nLooking for that platform that would help you keep your leveraged yield farming\npositions secure and stable, then you&#8217;ve been searching for Single Finance.\nSingle Finance helps protect your principal with amazing strategies. To ensure\nyour profits are well known by both parties, your performance is tracked based\non your principal marked to USD.<\/p>\n\n\n\n<p>Single Finance is unlike anything you&#8217;ve ever\nseen in the market, it is the first cryptocurrency project to offer a\nhistorical performance tracking database to help users choose their preferred\nliquidity pairs using quantitative criteria. You don&#8217;t necessarily have to\nworry about charges when using Single Finance, you only get to pay performance\nfees when you&#8217;re making some dough based on your principal in USD<\/p>\n\n\n\n<p>Another amazing fact we can not fail to state\nabout the Single Finance platform is that it acts as a DeFi 2.0 protocol by\nturning the eyes of everybody to automated strategies. How it does this is\nsimple: It amplifies the liquidity offered to the whole ecosystem.&nbsp; You can be more than certain that just by\nholding SINGLE tokens, you are making the future of not only Single Finance but\nDeFi as a whole, brighter. <\/p>\n\n\n\n<p>Single Finance Platform is built on Cronos and\nother EVM-compatible blockchains. It not only creates positions for users but\nalso analyzes the always-changing market conditions and uses bots in its\necosystem to execute pre-programmed tactics. Single Finance&#8217;s implementation is\nopen source.<\/p>\n\n\n\n<p>Want to know what&#8217;s more fun? All participants\non the platform are encouraged to contribute, to hold the SINGLE token, to\nparticipate in governance, and to enhance the Single Finance Platform. So you\nsee, Single Finance considers its users a part of the team and works extra hard\nto keep them satisfied. <\/p>\n\n\n\n<h2 class=\"has-text-align-center\"><strong>Introducing the Liquidity Pool Time Machine<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/unnamed-1-10.png\" alt=\"\" class=\"wp-image-18111\" width=\"596\" height=\"342\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/unnamed-1-10.png 512w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/unnamed-1-10-300x172.png 300w\" sizes=\"(max-width: 596px) 100vw, 596px\" \/><\/figure><\/div>\n\n\n\n<p>Congratulations! Today you found the first\nliquidity pool database \u2014 Single Finance&#8217;s Liquidity Pool Time Machine.<\/p>\n\n\n\n<p>It captures all past data from all\nEVM-compatible chains&#8217; entire index nodes. It provides a yearly P&amp;L\nbreakdown that includes trading fee rewards, DEX reward tokens, and value\nchange owing to the impact of token price.<\/p>\n\n\n\n<p>Remarkably, it is also the first database in\nthe DeFi market to track such performance data, and the Single Finance team\nwill continue to publish different LP earning indicators to assist its users to\nchoose the best pairs.<\/p>\n\n\n\n<p>But keep in mind that this is a tool to help\nyou with your own study. There is no investment advice available here. And, as\nthe adage goes, &#8220;past results are no predictor of future success.&#8221;\nSingle Finance created this database in the hopes of assisting you in making\nprofitable wagers. Here is a summary of what the Liquidity Pool Time Machine is\nall about:<\/p>\n\n\n\n<ul><li><strong>Historical performance tracker<\/strong><\/li><\/ul>\n\n\n\n<p>You can determine the length of history to\ndisplay and backward-simulate the P&amp;L using capital in US dollars.<\/p>\n\n\n\n<ul><li><strong>A full breakdown of annualized P&amp;L<\/strong><\/li><\/ul>\n\n\n\n<p>Show you the complete annualized P&amp;L\nanalysis, including LP awards, DEX reward tokens, and change in value due to\nprice impact.<\/p>\n\n\n\n<ul><li><strong>LP earning metrics<\/strong><\/li><\/ul>\n\n\n\n<p>APY. Fees. Rewards. All of these are crucial.\nBut what about risks and price fluctuations? Single Finance has improved\nmetrics to assist you in selecting the finest matches.<\/p>\n\n\n\n<ul><li><strong>DeFi strategy analytics<\/strong><\/li><\/ul>\n\n\n\n<p>Staking. Yield farming. Leveraged.\nDeleveraged. Examine the risks and rewards for yourself and devise your own\nsuccessful plan.<\/p>\n\n\n\n<h2 class=\"has-text-align-center\"><strong>Fees You&#8217;ll Owe Single Finance for Its Services<\/strong><\/h2>\n\n\n\n<p><strong>Liquidation\nBounty<\/strong><\/p>\n\n\n\n<p>Single Finance charges 5% fees when the\nliquidation bot is triggered to protect the lender.<\/p>\n\n\n\n<p><strong>Stop-loss\nFees<\/strong><\/p>\n\n\n\n<p>When the stop-loss bot is triggered 1% fees\nare charged. <\/p>\n\n\n\n<p><strong>Single-click\nStrategy Performance Fees<\/strong><\/p>\n\n\n\n<p>19% of strategy return is collected as a\nperformance fee.<\/p>\n\n\n\n<p><strong>Lending\nInterest <\/strong><\/p>\n\n\n\n<p>Single Finance charges 19% of the borrowing interest profit of lenders as a performance fee.<\/p>\n\n\n\n<h2 class=\"has-text-align-center\"><strong>Tokenomics<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"512\" height=\"249\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/unnamed-13.jpg\" alt=\"\" class=\"wp-image-18112\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/unnamed-13.jpg 512w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/unnamed-13-300x146.jpg 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><\/div>\n\n\n\n<p>$SINGLE is the limited supply governance token\nfor the Single Finance Protocol. $SINGLE&#8217;s total supply is 1,000,000,000.<\/p>\n\n\n\n<p>40% of the token was set aside for mining.\n22.3% was allocated to partnership and ecosystem, 22% was distributed to the\nteam, 2% to the liquidity pool, 10.7% went into the private and seed sales, 1%\nwas allocated to IDO and the advisors received 2% of the tokens. <\/p>\n\n\n\n<p>Holders of $SINGLE token are entitled to\nawesome benefits like being able to participate in governance and build $SINGLE\ntogether with the Single Finance team. Holders also get to decide to calculate\nsignificant parameters for the interest rate model, fee rates, protocol fees,\nand reserves accumulated to the Single Finance Protocol. $SINGLE token holders\ncan participate in protocol governance by staking SINGLE for xSINGLE in the\nfuture. <\/p>\n\n\n\n<p>$SINGLE tokens are deflationary in the long\nrun. Emissions will continue for about 36 months, with halvenings happening\nevery 6 months. Just so you don&#8217;t get confused about this, a halvening refers\nto halving the budget for maximum tokens utilized for emissions over six months\nin comparison to the prior time. During that time, the entire money will not\nnecessarily be expended.<\/p>\n\n\n\n<h2 class=\"has-text-align-center\"><strong>Communities<\/strong><\/h2>\n\n\n\n<p><strong>Single\nFinance&#8217;s Telegram<\/strong>&nbsp;\n<\/p>\n\n\n\n<p>Become a part of active Single Finance\ncommunity members by joining the Single Finance Telegram channel. Click <a href=\"https:\/\/t.me\/singlefinanceofficial\">here<\/a> to join.<\/p>\n\n\n\n<p>You can also find the most recent news about\nSingle Finance on its <a href=\"https:\/\/t.me\/singlefinancenews\">announcement\nTelegram channel<\/a>.&nbsp; <\/p>\n\n\n\n<p><strong>Single\nFinance&#8217;s Twitter<\/strong><\/p>\n\n\n\n<p>Join Single Finance&#8217;s Twitter community <a href=\"https:\/\/twitter.com\/single_finance\">here<\/a>. <\/p>\n\n\n\n<p><strong>Single\nFinance&#8217;s Website<\/strong><\/p>\n\n\n\n<p>Start your journey as a Single Financer and\nlearn more about Single Finance <a href=\"https:\/\/singlefinance.io\">here<\/a>.<\/p>\n\n\n\n<p><strong>Single\nFinance&#8217;s Discord<\/strong><\/p>\n\n\n\n<p>It&#8217;s a large community but it&#8217;s lacking you,\njoin Single Finance&#8217;s Discord community to learn and participate. Click <a href=\"https:\/\/discord.gg\/raQcBPXEWu\">here<\/a> to join.<\/p>\n\n\n\n<p><strong>Single\nFinance&#8217;s Medium<\/strong><\/p>\n\n\n\n<p>Read more articles about Single Finance <a href=\"https:\/\/medium.com\/singlefinance\">here<\/a>.<\/p>\n\n\n\n<p><strong>Single\nFinance&#8217;s LinkedIn<\/strong><\/p>\n\n\n\n<p>Become a part of Single Finance&#8217;s LinkedIn.\nClick <a href=\"https:\/\/www.linkedin.com\/company\/singlefinance\/\">here<\/a>\nto join. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever hit a terrible roadblock trying to run some financial transactions? Perhaps you have had a terrible nerve-wracking experience while farming on leveraged yield farming facilities. If this is you, then you are not alone. Let&#8217;s say that again\u2026 Since we are talking about Single Finance, you might be single but you&#8217;re not [&hellip;]<\/p>\n","protected":false},"author":179,"featured_media":18113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/18110"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/179"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=18110"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/18110\/revisions"}],"predecessor-version":[{"id":18114,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/18110\/revisions\/18114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/18113"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=18110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=18110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=18110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}