TVL, or Total Value Locked, is a DeFi-vital metric used to measure the overall health of a DeFi protocol. Its calculation and growth are the key characteristics identifying the success of an ecosystem.
To help protocols increase their TVL, Protofire develops solutions that positively influence the project’s growth.
High-net-worth individuals, funds, and big whales go for DeFi solutions that guarantee their funds and yields. At the same time, many investors are willing to invest $1M+. Most liquidity providers can increase their deposits by 2-10x.
To address this challenge, your solution should demonstrate transparency, risk-mitigation measures, and risk-transfer options to evaporate the fear of high risk and uncertainty from the liquidity providers' minds.
Major risks in the DeFi space:
We research the best TVL growth opportunities for your project and suggest architecture and deployment plans for your solution.
We create a solution prototype to show what it may look like and make necessary changes.
We develop the TVL solution under your supervision, known schedule, and budget.
We carry out quality assurance procedures to ensure all features of the solution work as intended.
We deploy the solution to the designated environment under your control, following technical requirements.
We maintain the solution and the infrastructure and will trigger you if certain decisions are required.
Protofire can be your strategic partner to boost your TVL's exponential growth by improving security and providing a safer environment for liquidity providers. Surveys + TVL readiness assessment will help you to understand how to unlock TVL growth. Oracle security implementation and usage audits allow you to assess economic exploit threats and technical aspects of implementation. Comprehensive dApp infrastructure security audits for Dapp Infrastructure assess Web2/Web3 website frontend, network, and cloud infrastructure to protect your project from the most common attacks and threats. Protofire Certification Badges are given to projects upon audit completion in the form of NFTs (ERC-721) with the description of verification services provided.
Researching the behavior of liquidity providers, such as their unique needs, wants, pains, and fears can unlock the next wave of TVL growth. Your DAO core-Dev, Product, and Marketing teams will receive recommendations on how you can attract HNWI and institutions and increase deposits per LP along with TVL.
The scope of the audit covers:
The scope of the audit covers:
Most DeFi users are concerned about exposure to the risks of first-party smart contract hacks, stablecoin depeg, or third-party attacks against smart contracts, oracle and bridge attacks, etc.
Protofire can enable insured deposits for users where Premiums are automatically calculated, based on the market price (% of the deposits to be insured, and % of the amount for payment).
Protofire is ready to create multiple risk pools to protect all kinds of markets, where liquidity providers can provide liquidity, earn incentives/yields, and guarantee the markets.
Protofire can enable insured deposits for users. Premiums are automatically calculated, based on the market price (% of the deposits to be insured, and % of the amount for payment).