DeBank
Basics
- L2 announced on: 11-8-2023
- Testnet: 11-8-2023, planned to roll out the Mainnet in 2024
- Mainnet release:
- Based in:
- From its website (8-10-2020):
"DeBank is an all-in-one DeFi wallet, from where you can track DeFi portfolio, explore DeFi projects, compare DeFi rates."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Notable Governance Votes
Treasury
Token
Launch
Token allocation
Utility
Token Details
DeBank Chain Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: OP Stack
- Consensus mechanism.
- From their announcement (11-8-2023): "We've modified the consensus mechanism, reducing the gas cost of individual transactions by 100 to 400 times to accommodate the high-frequency nature of social interactions.
- Algorithm:
- Virtual Machine: EVM
Transaction Details
How it works
- From their announcement (11-8-2023):
"We've natively integrated a system similar to Account Abstraction at the chain level, allowing users to enjoy a near-Web2 experience while maintaining 100% compatibility with the current EVM standard.
The new account system supports transactions signed with a dedicated L2 private key, reducing the use of L1 private keys in social scenarios and enhancing the security of users' L1 assets."
Fees
Upgrades
Staking
Liquidity Mining
Different Implementations
Interoperability
Other Details
Compliance
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Revenue
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
- From Bitcoin.com (31-12-2021):
"Debank has announced that just before the year ends, the defi portfolio tracking company raised $25 million in equity financing from strategic investors. According to Debank, the financing brings the firm’s overall valuation to $200 million. Debank revealed the investment in a tweet on Tuesday, and said the round was led by “Sequoia China, followed by Dragonfly, Hash Global, Youbi, and other angel investors, along with strategic investments from Coinbase Venture, Crypto.com, Circle, and Ledger.”
Partners
- On the website of Opium Protocol it is mentioned as one of its partners (7-3-2021).