Top Interesting DeFI & web3 protocols (II)

Highlight on these L2s Protocols

1. Forta @FortaNetwork

A DeFI protocol that tends to detect anomalies/threat by monitoring network over DeFI, NFT, governance, bridges & web3 systems in real time.

It's made up of two components

• Detection bots

• Scan nodes

Forta works by independent node of operators that scans all transcation block by block to detect threats, which when it does, node operators sends alert to subscribers of potential risk, which enables them to take action.

This can be integrated to NFTs, Dapps, Bridges & co. Since Bridges have been a honey pot of hack, IMO I suggest Bridges to integrate Forta to thier protocol.

Forta is live on L1 & L2s ( Arbitrum & Optimism).

2. Coinfeeds @coinfeeds_ai

A web2/web3 tool feed for actionable insight & news tracking sentiment across crypto social.

Its product includes:

• Projects

• NFTs

• Investors

• Trending

3. Mean Finance @mean_fi

A Dollar Cost Average protocol that allow users or dapps to DCA into positions of any ERC 20 token into ERC20 token within thier preferred time interval.

In other words, it's simply "DCA" automated rather than you manually doing so.

Benefits of Mean Finance

To users:

• Protection against volatility

• MEV-Protected trades

• Gasless DCA

To market makers:

• Earn a percentage of the fees.

• Can leverage the whole protocol balance to execute the trade.

• Can arbitrage the pool.

Also mean fi positions are represented by (ERC721) which can be transferred, bought & sold, so selling or transferring the NFT simply means the other user has control over the position.

4. Mystiko @MystikoNetwork

A web3 infrastructure layer which provides both connecting & confidentiality to blockchain data, transcation & applications.

It can integrated to enable private transcations: not just on bridges but on dapps,wallet & blockchains both on L1 & L2s.

Not a mixer but uses privacy infra via PAAS ( Privacy as an SDK). IMO this will also be a game changer for dapps & bridges in the future if integrated.

5. Overtime Markets @OvertimeMarkets

A DeFI sporting bet platform/a sports market AMM built on @thalesmarket. It's live on Optimism network only.

Football, Soccer, MMA & Baseball are currently live on overtime.

Its data feed for the markets are generated through chainlink oracle which aids in bringing real world data to blockchain.

All bet lovers, this is for you !

6. Sablier @SablierHQ

A streaming protocol on L1 & L2s ( Arbitrum & Optimism). In other words "Real-Time finance" Streaming?? Yes !

How movies are streamed on Netflix, so tokens can be streamed on sablier. Sablier is also integrated in @gnosisSafe.

Sablier can be integrated in Real-Time in the FF ways:

• Pay roll (payment verification rather than trust based)

• Allowance (stream it rather in lump sums).

• Co-working Space (pay for work duration).

• Grants & scholarship.

• Parking Cars (stream by parking duration).

7. Speedboat @Speedboat_STDO

A web3 toolkit for deploying NFTs without code

Its two product includes:

• Self-service smart contract platform (deploy your smart contract or NFT without a single code)

• Turnkey smart contract service (To deploy custom NFTs or smart contract)

Speedboat plans to integrate web3 APIs in the future, so that any project which requires blockchain integration can simply integrate using thier REST APIs

It's live on L1 & L2s. ERC721/ERC721A contracts can be deployed.

That's a wrap! Thanks for reading theDefisaint's Newsletter !

If you enjoyed this thread;

Follow me @TheDeFISaint for more of these, Interesting DeFI protocols (III) will be coming in the future.

And Subscribe for free to receive new posts and support my work.