How It Works

An example of DeFi flows on Mixsome, all executed in 1 transaction:

  • DeFi Shark: Buy DAI with credit card -> Supply DAI to Compound -> Earn interest APY 9.02%

  • DeFi Fish: Swap ETH to DAI -> Supply DAI to yCurve vault -> Deposit yCRV to earn APY 17.19%

  • DeFi Crab: Swap 50% ETH to USDC -> Supply ETH/USDC to Uniswap -> Get Uniswap LP token and earn fees from trading - APY 39.37%

DeFi Shark: to earn 9.02% APY, your Mixsome action flow is to acquire DAI tokens with Credit Card and Deposit DAI tokens to Compound protocol. Once Mixsome flow is completed, you will get interest payments in DAI.

DeFi Fish: to earn 17.19% APY, your Mixsome action flow is to exchange ETH to DAI stablecoin, Deposit DAI tokens to Curve protocol Y pool and get yCRV tokens, and then deposit yCRV tokens to vault. Once the flow is completed, you will get yUSD representing your token share of yCRV vault.

DeFi Crab: to earn 39.37% APY, the Mixsome flow will be completed in one transaction. You will exchange 50% of your ETH tokens to USDC and deposit ETH and USDC to Uniswap Liquidity pool. You will then earn fees as % in Uniswap LP tokens based on your share in liquidity pool trading volumes.

And here is how the settlement of Mixsome’s transactions looks like:

Gas saving on fees by bundling transactions into one backed by xDai blockchain:

  • Fast transaction times (5 seconds) & low transaction fees (500 tx for $.01).

  • A stable chain is ideal for real-world value exchange where 1 xDai = 1 US Dollar.

  • Smart Contract, DApp & toolset compatibility with other Ethereum-based chains like Ethereum, Chainlink, and others.

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