Enso Finance
Basics
- Based in: Zürich
- Started in / Announced on: 13th of April 2021
- Testnet release:
- Mainnet release:
- Enso Finance is a DeFi tool for creating permissionless trading strategies.
History
- From Enso Finance Blog(13-4-2021):
"The idea for Enso was first born at ETHCC2020, when Ethereum smart contract composability became a major topic in the ecosystem."
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
DAO
Admin Key
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
How it works
- From Crypto Briefing (13-4-2021):
"Enso Finance is a DeFi tool that allows anyone to create permissionless trading strategies. Enso will give traders access to native social trading strategies, which can be invested in directly or through the creator’s token. These tokens can be used for activities such as yield farming, liquidity mining, arbitrage, and flash swaps. Traders can also invest in strategies through multi-signature syndicates or decentralized autonomous organizations."
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
"Enso Finance has announced that it’s launching a month-long vampire attack that could drain nearly $1 billion from six competing DeFi protocols. Set Protocol and Index Coop, which allow users to create their own indexes, dHedge, a decentralized hedge fund, and PowerPool, an automated DeFi token portfolio manager, PieDAO, a platform for building DeFi ETFs, and Indexed, a protocol for passive portfolio management.
Enso itself has set out to provide all of those features and will gamify the migration process with a virtual arcade that reimburses users's gas fees as they migrate liquidity during the 4-week vampire attack. Liquidity providers who migrate will also be rewarded with NFTs—unique collectible tokens—and Enso native tokens once the attack is complete."
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
- Connor Howe; co-founder
- Gorazd Ocvirk; co-founder
Funding
- From Crypto Briefing (13-4-2021) and Enso Finance Blog (13-4-2021):
"Enso Finance has closed a $5 million funding round. Polychain and Dfinity Beacon Fund led the investment, while other participants included Multicoin Capital, P2P Capital, Spartan Group, Zola Global, and The LAO." In addition, Enso Finance is supported by angel investors Jarrad Hope (Status), Arthia Mogbel (Dfinity), Kain Warwick (Synthetix), Stani Kulechov (Aave), Nexus Mutual, Fantom and Messari.
Partners
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