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        <title><![CDATA[Stories by Genius Yield on Medium]]></title>
        <description><![CDATA[Stories by Genius Yield on Medium]]></description>
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            <title>Stories by Genius Yield on Medium</title>
            <link>https://medium.com/@geniusyield?source=rss-90ddba640e5b------2</link>
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            <title><![CDATA[How Genius Yield ushers in the next generation of DeFi trading]]></title>
            <link>https://geniusyield.medium.com/how-genius-yield-ushers-in-the-next-generation-of-defi-trading-5be916990f8c?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/5be916990f8c</guid>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Wed, 12 Nov 2025 05:29:43 GMT</pubDate>
            <atom:updated>2025-11-18T11:42:27.269Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*-bNWRA3vCZeHPIPHrWGimw.png" /></figure><p><em>18th of November, 2025, Zug, Switzerland</em></p><h3><strong>One on-chain object. Multiple buy &amp; sell conditions. Passive, capital-efficient, and fully permissionless.</strong><br> Welcome to the next evolution of DeFi trading on Cardano.</h3><h3>Why This Matters</h3><p>For years, DeFi has been split between two worlds:</p><ul><li><strong>AMMs</strong> — simple but inherently exposed to slippage and impermanent loss.</li><li><strong>Order books</strong> — powerful but require multiple separate transactions to express complex strategies.</li></ul><p><strong>Two-Way Orders</strong> unify the best of both:<br> You can rest <strong>multiple buy and sell conditions</strong> inside a <strong>single smart-contract UTxO</strong>, without ever becoming an LP, without curve risk, and without constant babysitting.</p><p>This is not a stop-loss or a “trigger-on-price-feed” system.<br> This is <strong>pure on-chain maker logic</strong>: you post bids and asks at explicit prices, and <strong>takers fill them whenever they choose</strong>.</p><h3>1. AMMs → Order Books → Two-Way Orders: The Real Evolution</h3><h3>AMMs: simple swaps with structural costs</h3><h3>Why people use AMMs</h3><ul><li>Instant, predictable swapping</li><li>Always-on liquidity</li><li>Friendly UX for beginners</li></ul><h3>But AMMs have unavoidable drawbacks</h3><ul><li><strong>Slippage / price impact</strong> — large trades shift the pool balance</li><li><strong>Impermanent loss</strong> — LPs underperform holding during price divergence</li><li><strong>No conditional logic</strong> (no buy-only-if, no sell-only-if)</li></ul><p>AMMs democratized access — but they tax precision and expose LPs to inventory risk.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*oGyjnAEMz-GtBEpv97FbCw.png" /></figure><h3>Order Book DEXes: precision, strategy, and zero impermanent loss</h3><h3>Why advanced traders graduate to OB-DEXes</h3><ul><li>Exact <strong>limit prices</strong></li><li><strong>Post-only</strong> maker control (near-zero slippage)</li><li>Stop/Take Profit, Fill or Kill, etc.</li><li><strong>No impermanent loss</strong></li></ul><h3>Trade-offs</h3><ul><li>Need liquidity at your price</li><li>Slightly more complex UI than AMMs</li></ul><p>Order books bring back strategy — but a single limit only expresses <strong>one side</strong> of your intent.</p><h3>2. The Breakthrough: Genius Yield Two-Way Orders</h3><p>Two-Way Orders let you express <strong>multiple buy and sell intentions</strong> within a single on-chain UTxO.</p><h3>❌ What they are NOT</h3><ul><li>Not stop-losses</li><li>Not “triggered by oracle price”</li><li>Not automatically cancelled after one fill</li></ul><h3>✅ What they actually are</h3><p><strong>A self-contained UTxO can repeatedly perform buy and sell transactions, provided it contains the necessary assets.</strong></p><p>If the UTxO holds <strong>ADA</strong>, it can <strong>buy</strong> GENS.<br> If it holds <strong>GENS</strong>, it can <strong>sell</strong> GENS.<br> IIf the system holds both assets, it can perform either action in any order and any number of times until the assets are depleted.</p><p>All fills occur <strong>when a taker chooses to accept your posted price</strong>.</p><h3>3. Fixed Prices or Dynamic Prices — Both Supported</h3><p>Two-Way Orders support two pricing modes:</p><h3>1. Fixed-price logic</h3><ul><li>“Buy if price ≤ 0.10 ADA”</li><li>“Sell if price ≥ 0.15 ADA”</li></ul><h3>2. Dynamic oracle-relative logic</h3><p>Thanks to Oracle integration, you can express rules like :</p><ul><li>“Buy 1% below market price”</li><li>“Sell 1.5% above market price”</li><li>“Buy at oracle price × 0.99”</li><li>“Sell at oracle price × 1.02”</li></ul><p>These update automatically based on external price feeds, while still functioning as <strong>pure limit orders</strong> (not triggers).</p><p>This is a <strong>game-changer</strong> because it provides professional-grade, spread-aware execution without the need for bots.</p><h3>4. How Two-Way Orders Actually Work (Technical but Beginner-Friendly)</h3><h3>Important distinction:</h3><p><strong>Two-Way Orders don’t “trigger” based on external prices.</strong><br> You simply post resting bid/ask prices on-chain.<br> When takers see your prices and choose to fill them, they do so — on-chain, atomically, safely.</p><p>This is what makes them decentralized and trustless.</p><h3>Step-by-step</h3><ol><li><strong>You create a Two-Way Order UTxO</strong><br> It may include ADA, GENS, or both.</li><li><strong>The order exposes any combination of:</strong></li></ol><ul><li>One or more buy prices</li><li>One or more sell prices</li><li>Both simultaneously</li><li>Fixed &amp; dynamic prices together</li></ul><p><strong>3. The UTxO sits on-chain</strong><br> Always available for takers. No off-chain monitoring required.</p><p><strong>4. Buy fills occur when:</strong><br> A taker spends your ADA to give you GENS at the posted buy price.</p><p><strong>5. Sell fills occur when:</strong><br> A taker spends their ADA to take your GENS at the posted sell price.</p><p><strong>6. This can happen repeatedly</strong><br> As long as the UTxO contains:</p><ul><li>ADA → it can buy</li><li>GENS → it can sell</li></ul><p>It’s a live, self-managed micro-market in a single UTxO.</p><h3>5. Why This Eliminates Slippage &amp; Impermanent Loss</h3><h3>No slippage</h3><p>You rest on the book as a maker.<br> You only trade if someone accepts <strong>your</strong> price.</p><h3>Zero impermanent loss</h3><p>You are <strong>not</strong> a liquidity provider.<br> There is <strong>no AMM curve</strong>, just explicit trades at explicit prices.</p><h3>Fees stay low</h3><p>One order UTxO can execute dozens of trades without needing new transactions from you.</p><h3>6. A Concrete Example</h3><p>Imagine you deposit:</p><ul><li><strong>3000 ADA</strong></li><li><strong>2000 GENS</strong></li></ul><p>And you define:</p><ul><li>Buy GENS at <strong>0.10 ADA</strong></li><li>Sell GENS at <strong>0.15 ADA</strong></li><li>Buy 1% below oracle</li><li>Sell 1.5% above oracle</li></ul><p>Your Two-Way Order can now:</p><ul><li>Buy GENS repeatedly until ADA is depleted</li><li>Sell GENS repeatedly until GENS is depleted</li><li>Mix buy/sell cycles dynamically</li><li>Automatically adjust dynamic thresholds via oracle</li></ul><p>All inside a single UTxO, no babysitting.</p><p>This is professional-grade automation—without bots or custody.</p><h3>7. Why This Is Truly “Next-Gen” DeFi</h3><p>Two-Way Orders turn your UTxO into a <strong>self-rebalancing, rule-based trading agent</strong>:</p><p>✔ One UTxO can participate in dozens of buys &amp; sells</p><p>✔ Prices can be fixed or dynamic</p><p>✔ Slippage is minimized (maker execution)</p><p>✔ Capital efficiency is high (single UTxO, multiple fills)</p><p>✔ Zero impermanent loss</p><p>✔ No off-chain bots required</p><p>✔ No external triggers (trustless)</p><p>✔ Takers interact permissionlessly</p><p>This is <strong>not</strong> AMM 2.0 or an order-book clone.<br> It’s the <strong>first true multi-intent, stateful trading primitive</strong> native to eUTxO.</p><h3>8. Summary: Genius Yield Two-Way Orders</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*HdOP506LubgL8KpY88m6aQ.png" /></figure><h3>Final Word</h3><p>DeFi is evolving beyond simple swaps and basic limit orders.<br> Two-Way Orders represent a <strong>new class of on-chain financial primitive</strong>:</p><ul><li>Transparent</li><li>Capital-efficient</li><li>Smart-contract driven</li><li>Fully decentralized</li><li>Designed for both beginners &amp; professionals</li></ul><p><strong>Genius Yield is pioneering this new era — and Two-Way Orders are only the beginning.</strong></p><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">X</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=5be916990f8c" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield Partners with FluidTokens to improve user experience on order book DEXs]]></title>
            <link>https://geniusyield.medium.com/genius-yield-partners-with-fluidtokens-to-improve-user-experience-on-order-book-dexs-532709bd09fb?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/532709bd09fb</guid>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[dex]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[fluidtokens]]></category>
            <category><![CDATA[genius-yield]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Thu, 10 Oct 2024 14:57:11 GMT</pubDate>
            <atom:updated>2024-10-10T14:57:11.797Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*O2kXQO6KgkK0qKhn7UJKYQ.jpeg" /></figure><p><em>10th of October, 2024, Zug, Switzerland:</em> Genius Yield, the community-centric Cardano DEX, is thrilled to announce the partnership with FluidTokens, the Cardano DeFi protocol that offers users a variety of non-custodial financial services.</p><p>Built on Cardano’s EUTxO smart contracts, Genius Yield offers unparalleled security while ensuring a seamless and efficient trading experience. As a community-centric DEX, Genius Yield open-sourced selected, core elements of its DEX and gives back 20% of the collected fees to $GENS stakers.</p><p>FluidTokens provides non-custodial financial services on Cardano, allowing users to leverage their on-chain assets in a permissionless manner. Whether borrowing against assets or lending them out to earn an APR, FluidTokens enables decentralized financial autonomy for its users.</p><p>Partnership Scope:</p><ul><li>Enhancing the user experience on order-book DEX-s: by combining Genius Yield’s and FluidTokens’ advanced tech and in-depth Cardano experience, both partners aim to streamline and improve the user experience for trading on order-book DEXes, emulating the smooth and familiar experience seen on centralized exchanges</li><li>Liquidity provision while retaining staking rewards: through this partnership, projects will be able to provide liquidity while maintaining their staking rewards and Catalyst voting power — an offering unique to the Cardano blockchain.</li></ul><p>We look forward to driving innovation and providing cutting-edge solutions for the whole Cardano community through this collaboration, leveraging the combined expertise of both teams in maximizing Cardano technology. Stay tuned for more updates!</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api/blob/main/geniusyield-onchain/src/GeniusYield/OnChain/DEX/README.md">DEX Smart Contracts</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api">DEX API Server</a></li></ul><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">X</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=532709bd09fb" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[The Trading Bot Leaderboard is Live!]]></title>
            <link>https://geniusyield.medium.com/the-trading-bot-leaderboard-is-live-213fd99a14df?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/213fd99a14df</guid>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[trading-bot]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[dex]]></category>
            <category><![CDATA[bots]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Thu, 08 Aug 2024 13:02:56 GMT</pubDate>
            <atom:updated>2024-08-08T13:02:56.917Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*ovgQW_M_JS9d-S3t" /></figure><p><em>7th of August 2024, Zug, Switzerland: </em>Genius Yield, the all-in-one DeFi platform, is excited to announce the launch of the Trading Bot Leaderboard!</p><p>This is another add-on to the Genius Yield DEX, that expands use cases of the whole platform. The <a href="https://app.geniusyield.co/leaderboard">Leaderboard</a> lets users analyze and fully utilize their trading strategies. Now everyone can register their existing bot, so its performance can be visualized on their profile and the public leaderboard.</p><h3>What exactly will I be able to do using the Trading Bot Leaderboard?</h3><p>With this new feature, you’ll be able to:</p><ul><li>Register your trading bot with just a few clicks</li><li>Monitor your bot’s metrics:</li><li>ROI (%)</li><li>How much the bot has earned, measured in ADA</li><li>Detailed information on the bots trading decisions to buy or sell Cardano Native Tokens</li><li>Fees paid</li><li>Check how long the bot has been operational</li><li>View the performance history on the chart</li><li>Compare your bot’s performance with other bots on the Leaderboard</li></ul><p>Would you like to create your own trading bot on the Genius Yield Platform and start trading? Then head to our open-source GitHub repository and start building today:</p><ul><li><a href="https://github.com/geniusyield/strategy-executor/tree/main">Python SDK: Trading Strategy Executor Framework</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api">RESTful API: Dex Contracts API</a> (programming language agnostic)</li><li><a href="https://github.com/geniusyield/market-maker">Market Maker Bot Framework</a> [Haskell]</li></ul><h3>Why is it worth creating and deploying your own trading bot on the Genius Yield Platform?</h3><ul><li>Easy algorithmic trading in DeFi: Start algorithmic trading using the Genius Yield DEX and participate in Decentralized Finance now.</li><li>One-sided liquidity: Configure your bot to buy or sell a single token, avoiding exposure to the other tokens.</li><li>Custom market-making strategies: Develop personalized strategies like DCA and trigger trades based on on-chain or off-chain indicators. Active liquidity providers can outsmart the market and generate gains while supplying liquidity to the order book.</li><li>ADA staking rewards: ADA locked-in limit orders remain eligible for Project Catalyst voting and staking with an SPO.</li><li>BUY/SELL spread: Set your BUY orders always lower than your SELL orders and grow your liquidity via arbitrage (not possible on DEXs that use AMM pools).</li></ul><h3>Create your own trading bot using Haskell, Python, or any other modern programming language!</h3><p>Experience the power of decentralized finance with the Genius Yield DEX Server API, your key to effortless cryptocurrency trading and market analysis. Our advanced, language-agnostic platform lets developers integrate trading bots and applications with ease. This opens the Genius Yield ecosystem to a global audience, providing rich functionalities for all users. Access real-time order books for various asset pairs, manage orders with precision, and dive into market dynamics. Whether executing transactions, analyzing trends, or building trading bots, our API offers the tools you need for success.</p><p>Create your own trading bot using our<a href="https://github.com/geniusyield/strategy-executor/tree/main"> Python SDK</a>,<a href="https://github.com/geniusyield/dex-contracts-api"> RESTful API</a> or the<a href="https://github.com/geniusyield/market-maker"> Market Maker Bot</a> documentation!</p><h3>How to register my trading bot</h3><p>1. Head to the <a href="https://app.geniusyield.co/leaderboard">“Leaderboard”</a> section on the <a href="https://app.geniusyield.co/">Genius Yield Platform</a> and then click the “Register Bot” button.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*DJIfH1k-hvjAC_sK" /></figure><p>2. Copy-paste your bot’s stake address. The address starts with “stake1.”</p><p>The bot’s name and icon will be assigned randomly.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*wiqO6deymLhUO_7n" /></figure><p>3. “Asset one” is always pre-selected for ADA.</p><p>“Asset two” — choose a desired CNT from the drop-down list.</p><p>Click the “Register” button.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*jFVNuZF_p2d0MJ2k" /></figure><p>4. You’ll receive confirmation that your trading bot has been successfully registered.</p><p>Congratulations, you have successfully registered your bot! Now you can click the “Close” button.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*qPBIwpvYAB1Yo5sD" /></figure><p>5. Now your bot is visible both in the “Leaderboard” and “My Bots” sections.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*RvOl8xp5JWx4wH5Q" /></figure><h3>About Genius Yield</h3><p>Genius Yield is the all-in-one DeFi platform built from the ground up on the Cardano blockchain. It is designed to take advantage of benefits provided by Cardano’s EUTxO smart contracts, such as security, determinism, parallelism, scalability, and composability.</p><p>The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api/blob/main/geniusyield-onchain/src/GeniusYield/OnChain/DEX/README.md">DEX Smart Contracts</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api">DEX API Server</a></li></ul><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">X</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=213fd99a14df" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield’s Trading Strategies Competition]]></title>
            <link>https://geniusyield.medium.com/genius-yields-trading-strategies-competition-a4019ecce790?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/a4019ecce790</guid>
            <category><![CDATA[emurgo]]></category>
            <category><![CDATA[mehen]]></category>
            <category><![CDATA[python]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[cardano]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Fri, 07 Jun 2024 02:41:48 GMT</pubDate>
            <atom:updated>2024-07-08T13:28:27.164Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xD8wWKtFjozpnI4HENJv5w.png" /></figure><p><em>6th of June 2024, Zug, Switzerland:</em> Genius Yield, the all-in-one DeFi platform, is excited to announce the launch of our Trading Strategies Competition, in partnership with <a href="https://mehen.io/">Mehen</a>, creators of the USDM fiat-backed stablecoin, <a href="https://www.emurgo.io/">Emurgo</a>, an organization that drives the adoption of Cardano’s Web3 ecosystem, <a href="https://www.utn.edu.ar/">Universidad Tecnológica Nacional</a>, one of the top engineering universities in Argentina, and <a href="https://twitter.com/CardanoSolar">ADA Solar</a>, Cardano-based platform that links solar energy with global investors.</p><p>This is a <strong>unique opportunity for Python programmers</strong> to showcase their skills by developing the most effective trading strategies on the Genius Yield DEX. Participants will not only compete for valuable prizes but also have the chance to earn special awards for exceptional code quality and innovative ideas.</p><h3>Competition Overview</h3><p>This competition is designed to engage and incentivize developers to contribute to open-source trading strategies using Python. Participants will <strong>create trading strategies</strong> that operate on the <strong>ADA/GENS</strong> or <strong>ADA/USDM</strong> token pairs. Genius Yield is committed to supporting participants by providing open-sourced repositories and educational materials (please see below).</p><p>Genius Yield, Mehen, Emurgo, Universidad Tecnológica Nacional, and ADA Solar partnered in this competition to:</p><ul><li>encourage developers to contribute to open-source trading strategies,</li><li>capture the interest of software engineers in algorithmic trading, and</li><li>drive the expansion of the Cardano ecosystem.</li></ul><h3>How to Participate</h3><p>Active Python developers, university students, graduates, and self-taught Python developers are all welcome to join the competition!</p><p>Participants are required to submit their open-source trading strategy implementations to <a href="https://github.com/geniusyield/strategy-executor">Genius Yield’s GitHub repository</a>. Each submission must include a pull request (PR) using a custom template provided for registration.</p><p>Submission deadline: July 21, 2024, at 11:59pm UTC.</p><h3>Competition Details</h3><p>The competition will feature trading strategies running on the mainnet with a small amount of funds. As evaluated by the Genius Yield committee, the selected strategies will receive small funding for the pre-launch stage.</p><p><strong>Main Category</strong></p><p>The primary ranking criterion for the contest is the <strong>total ADA balance each participant’s trading strategy accumulates by the end of the contest period</strong>. Any CNT balance will be converted to ADA. <a href="https://www.taptools.io/">TapTools</a> will be used for the ADA value reference, ADA balance snapshot will be taken August 12th, 2024, at 11:59pm UTC.</p><p>The goal is to assess the efficiency and profitability of each trading strategy. In cases where bots run out of funds, the winner will be the bot that exhausts its funds last, demonstrating greater sustainability and risk management.</p><p>The top strategies, pre-selected by the Genius Yield committee, will also compete in <strong>an additional category: “Best Code”.</strong> This award goes to the participant whose code demonstrates superior quality in terms of structure and readability. The winner in this category will be determined by a committee of technical experts selected by Genius Yield, who will assess each submission based on coding best practices, the implementation of efficient algorithms, and overall technical execution.</p><p>Other strategies are also welcome to compete in the Main Category for the main prize but must be funded by their authors.</p><h3>Prizes</h3><p>The competition boasts a prize pool of $3,000, distributed as follows:</p><p><strong>Main Category:</strong></p><ul><li>First Place: $1,300, paid out in GENS</li><li>Second Place: $700, paid out in GENS</li><li>Third Place: $500, paid out in GENS</li></ul><p><strong>Special Category:</strong></p><ul><li>Best Code Quality: $500, paid out in GENS</li></ul><h3>Key Dates</h3><ul><li>Submission deadline: July 21, 2024, at 11:59pm UTC</li><li>Competition start: July 29, 2024</li><li>Competition end: August 12, 2024, at 11:59pm UTC</li><li>Winners announcement: end of August, 2024</li></ul><h3>Resources</h3><ul><li>GitHub repository, Trading Strategy Executor Python SDK: <a href="https://github.com/geniusyield/strategy-executor">https://github.com/geniusyield/strategy-executor</a></li><li>Trading Bot API, explanatory video: <a href="https://www.youtube.com/watch?v=yilEO3myGLA">https://www.youtube.com/watch?v=yilEO3myGLA</a></li><li>Example strategy implementation (for the reference): <a href="https://github.com/geniusyield/strategy-executor/blob/main/strategies/bollinger_bands_strategy.py">https://github.com/geniusyield/strategy-executor/blob/main/strategies/bollinger_bands_strategy.py</a></li></ul><h3>Recommended skillset</h3><p>To effectively implement simple trading strategies on the Genius Yield DEX using Python, the following skillset is essential:</p><ul><li><strong>Basic Python Programming:</strong> Proficiency in Python is crucial. Participants should be comfortable with core programming concepts such as variables, control structures, functions, and classes. Familiarity with Python’s syntax and the ability to write clean, readable code are required</li><li><strong>Understanding of Order Book Mechanics:</strong> A foundational understanding of how an order book works is necessary. This includes knowledge of bid and ask prices, order depth, and how trades are executed and matched in the order book. Insight into market orders, limit orders, and potentially more complex order types will enable participants to develop effective strategies</li><li><strong>Analytical Thinking:</strong> Ability to analyze market data and interpret signals that can be transformed into trading decisions. This involves a logical approach to decision-making based on the current state of the order book and market conditions</li><li><strong>[Optional] Use of Python Libraries:</strong> Familiarity with Python libraries that are relevant to data handling and numerical analysis, such as NumPy, pandas, and matplotlib for data visualization. Knowledge of libraries specific to trading and financial analysis, such as backtrader or pyalgotrade, is highly beneficial</li></ul><h3>Genius Yield’s Strategic Partners</h3><p><a href="https://www.mehen.io/">Mehen</a>:</p><ul><li>Support broad communication of the competition across all owned and earned media channels</li><li>Fund USDM/ADA top strategies</li></ul><p><a href="https://www.emurgo.io/">Emurgo</a>, <a href="https://www.utn.edu.ar/">Universidad Tecnológica Nacional</a>, and <a href="https://twitter.com/CardanoSolar">ADA Solar</a>:</p><ul><li>Support broad communication of the competition across all owned and earned media channels</li></ul><h3>Other Rules</h3><p><strong>Eligibility and Participation</strong></p><ul><li>All participants must use Python to implement their trading strategies</li><li>Submissions must be compatible with the <a href="https://github.com/geniusyield/strategy-executor">strategy executor framework</a> provided by Genius Yield</li><li>The use of external libraries and tools for strategy development is encouraged to enhance functionality and effectiveness</li></ul><p><strong>Submissions</strong></p><ul><li>Each participant must submit their trading strategy code before the announced deadline (registration and submission via pull requests to the main branch)</li><li>The trading strategy should be original and solely the work of the participant</li><li>Submission must be done by July 21, 2024, 11:59pm UTC.</li></ul><p><strong>Fair Play and Integrity</strong></p><ul><li>Any form of cheating, including generating volume for one’s own strategy, or interacting with orders placed by one’s own bot, is strictly prohibited</li><li>Attempts to manipulate results, or engaging in other activities to gain an unfair advantage will lead to immediate disqualification</li><li>In the case of any ambiguities, Genius Yield reserves the right to disqualify any participant found in violation of contest rules or engaging in unethical behavior</li></ul><p><strong>External Integrations</strong></p><ul><li>Participants are permitted and encouraged to use external libraries and integrations that enhance the functionality and effectiveness of their trading strategies</li><li>All external integrations must be declared at the time of submission, with detailed documentation on their use and impact on the trading strategy</li></ul><p><strong>Intellectual Property</strong></p><ul><li>Participants retain intellectual property rights to their trading strategies, however, by entering the contest, they grant Genius Yield non-exclusive rights to use the strategies for promotional or educational purposes</li><li>Trading strategy code contributions are automatically licensed under the permissive, open-source, flexible, and developer-friendly <a href="https://www.apache.org/licenses/LICENSE-2.0">Apache License, Version 2.0</a>.</li></ul><p><strong>Disclaimer</strong></p><ul><li>Genius Yield reserves the right to make final decisions regarding the interpretation of the rules and the resolution of disputes</li><li>Participants acknowledge that the decisions made by Genius Yield are final and binding</li></ul><p><strong>Potential Amendments of the Rules</strong></p><ul><li>Genius Yield reserves the right to amend the rules at any time. Participants will be notified of any rule changes through official channels</li></ul><p>This is a fantastic opportunity for developers to demonstrate their algorithmic trading prowess and contribute to the Genius Yield community. We look forward to seeing your innovative strategies in action!</p><p>Let the coding begin!</p><h3>About Genius Yield</h3><p>Genius Yield is the all-in-one DeFi platform that combines an order-book DEX with an AI-powered yield optimizer, built from the ground up on the Cardano blockchain.</p><p>It is designed to take advantage of benefits provided by Cardano’s EUTxO smart contracts, such as security, determinism, parallelism, scalability, and composability.</p><p>The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api/blob/main/geniusyield-onchain/src/GeniusYield/OnChain/DEX/README.md">DEX Smart Contracts</a></li></ul><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">X</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><h3>About USDM</h3><p>USDM is the first fiat-backed stablecoin issued on the Cardano blockchain. It is backed 1:1 by USD in the USDM Reserve and can be purchased or redeemed for $1. The token conforms with the standard Cardano native token formats, with 6 decimal points, for maximum compatibility and composability within the Cardano blockchain ecosystem. Reserves are verified by the Charli3 Oracle network, which has read-only access to the USDM Reserve accounts. For ultimate Proof of Reserves transparency, the Charli3 Oracle independently reports the value of the USDM Reserve on-chain daily. Minting of the USDM token is controlled by smart contracts that ensure the amount of USDM that is able to be minted is equivalent to the USDM Reserve as independently reported by Charli3. The USDM Reserve is held in a group of AAA-rated USD Government-only Money Market Funds and bank accounts. Designed to be stable, transparent, and efficient, USDM bridges the gap between traditional fiat currencies and the decentralized world of blockchain.</p><p><a href="https://www.mehen.io/">Website</a> | <a href="https://discord.gg/usdm">Discord</a> | <a href="https://twitter.com/MehenOfficial">X</a> | <a href="https://medium.com/@MehenOfficial">Medium</a> |</p><h3>About Emurgo</h3><p>EMURGO is a founding entity of the Cardano blockchain and provides products and services to drive the adoption of Cardano’s Web3 ecosystem.</p><ul><li>Trust: In a remote working environment, teammates rely upon and trust each other to achieve individual and collective goals.</li><li>Laser-Focused: people are laser-focused to achieve goals and deliver results in a fast-moving industry.</li><li>Teamwork: our 110+ global employees work in close collaboration across different time zones, native languages, and cultures to achieve a common goal of driving Cardano adoption.</li><li>Grit: we value people who display perseverance and grit to take on new initiatives and find the best results for Cardano users and projects</li><li>Quick Action: as a global remote company in the blockchain industry, quick action and decisiveness are highly valued traits.</li></ul><p><a href="https://www.emurgo.io/">Website</a> | <a href="https://discord.com/invite/AWEp2SG437">Discord</a> | <a href="https://twitter.com/emurgo_io">X</a> | <a href="https://www.linkedin.com/company/emurgo_io">LinkedIn</a> | <a href="https://www.youtube.com/channel/UCgFQ0hHuPO1QDcyP6t9KZTQ">YouTube</a> |</p><h3>About Universidad Tecnológica Nacional</h3><p>The National Technological University / Universidad Tecnológica Nacional (UTN) was created to generate, preserve and transmit universal cultural and technical knowledge in the field of technology, being the only national university in Argentina with engineering as the central focus of its academic structure.</p><p>The UTN has two characteristics that distinguish it from the rest of the institutions of the Argentine university system:</p><ul><li>It is the only university in the country that has engineering as a priority in its academic offerings</li><li>It has a federal character , as it includes all the regions of Argentina</li></ul><p>Research at UTN aims to develop innovative solutions to the most challenging technological challenges posed by the society. This is how Science and Technology Development is carried out in more than 33 Centers and 66 Research and Development Groups. In these executing units, more than 1,800 teacher-researchers carry out their tasks, along with graduate and undergraduate students. The projects are organized thematically into 14 programs with priority research and development lines.</p><p><a href="https://utn.edu.ar/">Website</a> | <a href="https://www.linkedin.com/school/universidad-tecnologica-nacional/">LinkedIn</a> | <a href="https://www.youtube.com/@utnrectorado1420">YouTube</a> | <a href="https://www.tiktok.com/@utn.rec.ar">TikTok</a> | <a href="https://www.instagram.com/utn.rec.ar/">Instagram</a> | <a href="https://www.whatsapp.com/channel/0029VaG5OAkKQuJHZ0eP8B45">WhatsApp</a> |</p><h3>About ADA Solar</h3><p>ADA Solar is a Cardano blockchain-based platform that links solar energy with global investors. Organizer of hackaton in Argentina and co-organizer of the Cardano Summit.</p><p><a href="https://twitter.com/CardanoSolar">X</a> | <a href="https://t.me/adasolar">Telegram</a> |</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a4019ecce790" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield smart contracts successfully audited by Anastasia Labs]]></title>
            <link>https://geniusyield.medium.com/genius-yield-smart-contracts-successfully-audited-by-anastasia-labs-83f6dcde878b?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/83f6dcde878b</guid>
            <category><![CDATA[audit]]></category>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[smart-contracts]]></category>
            <category><![CDATA[defi]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Tue, 23 Apr 2024 20:13:26 GMT</pubDate>
            <atom:updated>2024-04-23T20:13:26.441Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*ldJM_bq2hIzHVLSO" /></figure><p>We are thrilled to announce the successful audit completion of Genius Yield’s smart contracts, done by Anastasia Labs — an R&amp;D firm on Cardano and experts in smart contract optimization, security analysis, and auditing.</p><p>One of the Genius Yield’s DEX pillars are on-chain limit orders, which are governed by smart contracts. These smart contracts ensure that funds locked in limit orders are released only under specific conditions, such as order cancellation or when a buyer pays the specified price. As these contracts dictate the operational framework of the platform, ensuring their robustness and “military-grade” safety is paramount. Thus, Genius Yield sought an additional layer of security by commissioning an audit conducted by Anastasia Labs.</p><p>The audit covered three smart contracts:</p><ul><li>1st, governing limit orders</li><li>2nd, the NFT minting policy, used to uniquely identify an order across its different phases of a lifetime like partial fills</li><li>3rd, governing DEX’s fees</li></ul><p>The findings have been already addressed by the Genius Yield team, resulting in the successful accomplishment of the audit process. <strong>This confirms that users’ funds are safeguarded and transactions are executed with integrity</strong>.</p><p>Moreover, audit results provided valuable insights and suggestions for further performance improvements, which will be gradually applied by the Genius Yield team.</p><p>The audit report is available <a href="https://github.com/geniusyield/dex-contracts-api/blob/main/geniusyield-onchain/src/GeniusYield/OnChain/DEX/Anastasia_Labs____Genius_Yield_Audit.pdf">here</a>.</p><p>Following the successful completion of the audit, Genius Yield is pleased to announce the forthcoming smart contract Bug Bounty Program. This initiative aims to further fortify the platform’s security by incentivizing security researchers and developers to identify and report potential vulnerabilities. Details of the Bug Bounty Program will be unveiled shortly, inviting community participation in enhancing the security and reliability of the Genius Yield ecosystem.</p><p>For more information and updates on Genius Yield and the Bug Bounty Program, please make sure to follow our official channels listed below.</p><h3>About Genius Yield</h3><p>Genius Yield is the all-in-one DeFi platform that combines an order-book DEX with an AI-powered yield optimizer, built from the ground up on the Cardano blockchain.</p><p>It is designed to take advantage of benefits provided by Cardano’s EUTxO smart contracts, such as security, determinism, parallelism, scalability, and composability.</p><p>The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api">Trading Bot API</a></li><li>[coming soon] DEX’s Smart Contracts</li></ul><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=83f6dcde878b" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield Trading Bot API Beta]]></title>
            <link>https://geniusyield.medium.com/genius-yield-trading-bot-api-beta-a1667a74b252?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/a1667a74b252</guid>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[trading-bot]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[api]]></category>
            <category><![CDATA[dex]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Mon, 15 Apr 2024 17:47:07 GMT</pubDate>
            <atom:updated>2024-04-15T17:47:07.159Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*zFbAkwOjsmnpdHgL3XFuDQ.png" /></figure><p>Unlock the full potential of decentralized finance with the Genius Yield DEX Server API, your gateway to seamless cryptocurrency trading and market analysis. Our cutting-edge API provides a robust, language-agnostic platform that allows developers to effortlessly integrate trading bots and applications, regardless of the programming language. This innovation opens up the Genius Yield ecosystem to a broader audience, enabling users across the globe to tap into the rich functionalities it offers. With the Genius Yield DEX Server API, users gain access to a comprehensive suite of features designed to enhance the trading experience. Dive into the depths of market dynamics with real-time access to order books across a variety of asset pairs. Seamlessly place and manage orders with precision, thanks to our intuitive order placement and cancellation functionalities. Whether you’re looking to execute on-chain transactions, analyze market trends, or build the next-generation trading bot, our API provides the tools you need to succeed. Key Features:</p><ul><li><strong>Real-Time Market Data:</strong> Access detailed asset information, including asset decimals, tickers, and class, providing a clear view of market dynamics.</li><li><strong>Comprehensive Order Management:</strong> Place new orders with specific criteria such as offered amount, offered token, and price, and effortlessly cancel existing on-chain orders, all through a straightforward API call.</li><li><strong>Historical Market Analysis:</strong> Leverage historical price data and order book information for in-depth market analysis, helping you make informed trading decisions.</li><li><strong>Efficient Transaction Handling:</strong> Sign and submit transactions directly through the API, streamlining the process of executing trades and managing your portfolio.</li><li><strong>Flexible Trading Strategies:</strong> Our API supports integration of custom trading strategies, enabling users to optimize their trading approach while using the programming language of their choice.</li><li><strong>Enhanced Interoperability:</strong> Our RESTful API’s design emphasizes programming language independence, ensuring seamless integration across various environments. This feature greatly enhances interoperability, allowing for the easy incorporation of diverse trading strategies, regardless of the programming language used. This streamlined integration process not only boosts developer efficiency but also opens up a world of possibilities for trading innovation and strategy optimization.</li></ul><p>The Genius Yield DEX Bot API represents a significant leap forward in democratizing access to DeFi trading tools. By removing programming language barriers and simplifying integration processes, we’re not just opening up the Genius Yield ecosystem; we’re paving the way for innovative trading solutions that can adapt to the ever-evolving digital asset landscape. Start building with Genius Yield today and unlock the full potential of your trading strategies.</p><p><strong>About Genius Yield</strong></p><p>Genius Yield is the all-in-one DeFi platform that combines an order book DEX with an AI-powered yield optimizer, “Smart Liquidity Vault”, built from the ground up to fully benefit from Cardano’s EUTxO-based ledger. The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://github.com/geniusyield/smart-order-router">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li>[coming soon] DEX’s Smart Contracts</li></ul><p>Visit our social links below:</p><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a1667a74b252" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Announcing the New V2 GENS Staking Program]]></title>
            <link>https://geniusyield.medium.com/announcing-the-new-v2-gens-staking-program-7f76ce5e3127?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/7f76ce5e3127</guid>
            <category><![CDATA[staking]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[dex]]></category>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[blockchain]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Thu, 28 Mar 2024 17:59:06 GMT</pubDate>
            <atom:updated>2024-05-01T06:52:16.795Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*1deiR43QzNkbfm-Z" /></figure><p>Genius Yield continues to move forward with our community. To reward our community, in December 2022 we introduced the <a href="https://geniusyield.medium.com/introducing-the-genius-yield-staking-dapp-acdee47f753e">Genius Yield Staking Program</a>, allowing GENS holders to participate in the Genius Yield platform by staking their tokens and receiving a fixed APY of GENS rewards. This program has been a success with over 20 million GENS staked and around 2.5 million GENS claimed as rewards.</p><p><strong>TL;DR</strong></p><ul><li>Locked staking — the possibility to create a staking vault with fixed APY on GENS ends May 1st, 2024</li><li>Fixed APY on GENS is replaced with reward multipliers on DEX fees rewards, starting May 6th, 2024</li><li>Between the 1st of May and the 6th of May, 2024, harvesting, unstaking, and creating new staking vaults will be halted, due to migration between the old and new staking system</li><li>An additional 1.5M GENS is added to the GENS Staking Program, starting May 6th, 2024</li><li>Flex staking is introduced, starting May 6th, 2024</li><li>Genius and Mascot NFTs utilities remain unchanged. NFTs staking will be available until December 31st, 2025</li></ul><p>In January 2024, the <a href="https://twitter.com/GeniusyieldO/status/1753118993156813248?s=20">DEX Fee Sharing Program</a> was launched, allowing GENS stakers to claim 20% of fees generated by the DEX. DEX fee sharing represents a key milestone of the Genius Yield platform and a unique utility of the GENS token, allowing GENS stakers to collect dozens of different tokens that are traded on the DEX. The DEX Fee Sharing Program also creates long-term sustainability for GENS stakers, where GENS stakers’ rewards are linked with the use of Genius Yield’s DEX.</p><h3>Transition to V2 GENS Staking Program</h3><p>With the introduction of the DEX Fee Sharing Program, we will begin to <strong>phase out the fixed APY in the GENS</strong> reward option.</p><p>Fixed APY rewards in GENS will end at 23:59:59 UTC on May 1st, 2024.</p><p>Starting May 3rd, 2024, rewards will only be based on the DEX Fee Sharing Program. To smooth this transition, <strong>an additional</strong> <strong>1.5 million GENS will be allocated to GENS stakers</strong> on a declining supply curve using a methodology similar to Cardano’s mechanism that is used to reward those who stake their ADA to stake pools. Cardano pays staking rewards from two sources, ADA reserves and Cardano transaction fees. Reserves gradually decline as a greater share of the rewards comes from growing transaction fees caused by the increasing adoption of the Cardano blockchain. We will deploy a very similar mechanism to gradually phase out GENS rewards with a growing share of the rewards coming from growing DEX fees as more users utilize Genius Yield’s DEX.</p><h3>Flex Staking</h3><p>Based on popular demand, we are introducing a <strong>Flex Staking option for GENS stakers!</strong> With flex staking, your GENS are never locked, allowing you to employ more sophisticated trading or DeFi strategies with your GENS.</p><p>Check the details below.</p><h3>Merging GENS Staking and DEX Fee Sharing Programs</h3><p>On May 6th, 2024, the GENS Staking Program will effectively be merged with the DEX Fee Sharing Program, allowing GENS holders to choose between various staking options and APY amplification opportunities.</p><p>With an additional 1.5M GENS allocated, the V2 GENS Staking Program not only adds more flexibility, but also creates a <strong>unique opportunity to earn even more rewards passively!</strong></p><p>Depending on the option chosen, GENS stakers will be eligible to do:</p><p><strong>1. Flex Staking:</strong></p><ul><li>Participate in the DEX Fee Sharing Program: earn part of the 20% fees collected by the DEX</li><li>Participate in Tier 2 of the Accelerated Yield Program <em>(additional conditions apply, please check the details </em><a href="https://geniusyield.medium.com/accelerated-yield-is-coming-to-genius-yields-dex-d0b4e60a2508"><em>here</em></a><em>)</em></li><li>Utilize your Genius NFTs and Mascot NFTs</li></ul><p><strong>2. Locked Staking:</strong></p><ul><li>Participate in the DEX Fee Sharing Program: earn part of the 20% fees collected by the DEX AND receive additional yield amplification — details in the table below</li><li>Participate in Tier 2 of the Accelerated Yield Program <em>(additional conditions apply, as above)</em></li><li>Utilize your Genius NFTs and Mascot NFTs</li></ul><p><strong>GENS Locked Yield Staking Vaults</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/949/1*iH2tikwouOS6Olevz-mudg.png" /><figcaption><em>APR: A rolling 30-day APR will be computed using the last 30 days of GENS stakers’ rewards.</em></figcaption></figure><p>The longer you stake, the more DEX Fee rewards you’ll receive.</p><p>Below is an example:</p><ol><li>ADA rewards for periodₙ from DEX Fees = 1,000.0</li><li>GENS rewards for periodₙ from DEX Fees = 3,000.0</li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/804/1*pkVB5L1e81wCAQWR1m9osQ.png" /><figcaption><em>Rewards numbers are rounded.</em></figcaption></figure><h3>Future of Genius NFTs and Mascot NFTs</h3><p>Genius Yield’s <a href="https://www.jpg.store/collection/geniusnfts">Genius NFTs</a> and <a href="https://www.jpg.store/collection/geniusyieldmascotcontest">Mascot NFTs</a> are utility NFTs offered to the community that allows GENS stakers to access <a href="https://docs.geniusyield.co/staking-dapp/staking-dapp-features">increased GENS APYs</a> between 2% to 6% for up to a year. In keeping with our promise to the community that these NFTs could be utilized for up to three years,<strong> both Genius and Mascot NFTs APY boosters can be used when staked until 23:59:59 UTC on December 31, 2025.</strong></p><p>When exercised, each NFT will receive its additional GENS-specific APY for one year or the remaining days of utility available. To check an NFT’s remaining days of utility, copy and paste the NFT’s Fingerprint / Asset ID <a href="https://app.geniusyield.co/earn">here</a>.</p><p><strong>Key Points:</strong></p><ol><li><strong>Starting at 00:00:00 UTC on January 1, 2026, you will no longer be able to stake your Genius or Mascot NFT</strong> — For example, a GENS holder stakes their Genius NFT in August 2025 to the six-month vault to get a 2% APY in GENS. In February 2026, the GENS staker decides to claim their GENS rewards and unstake their GENS and Genius NFT. After checking the <a href="https://app.geniusyield.co/earn">remaining days of utility</a>, the GENS staker sees there is six months left of utility to receive a 2% APY in GENS. <strong>In this scenario, the staker will not be able to stake their Genius NFT anymore because the deadline to stake the Genius NFTs, 23:59:59 UTC on December 31, 2025, has passed.</strong></li><li><strong>As long as you stake before the deadline, you can receive the maximum time remaining on your Genius or Mascot NFT</strong> — For example, on December 30, 2025, a GENS holder decides to stake his GENS with a Genius NFT. As their Genius NFT has never been staked and has a full year of utility available, the GENS holder selects the 12-month vault. <strong>In this scenario, the staker will be able to stake their Genius NFT and receive 12 months of a 2% APY in GENS. Since the Genius NFT was exercised before the deadline, the GENS staker can get the full 12-month utility time of the APY boost by selecting the appropriate staking vault.</strong></li><li><strong>Rewards for the Genius and Mascot NFT will be in GENS</strong> — If staked before the deadline, the 2% to 6% APY rewards will be in GENS. GENS stakers who stake their NFTs will have the benefit of getting DEX Fee sharing rewards and GENS rewards simultaneously.</li></ol><p>Thank you for unwavering support and we look forward to the future where the community continues to get more utility through the Genius Yield platform.</p><p>Visit our social links below:</p><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7f76ce5e3127" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield’s DAO is live!]]></title>
            <link>https://geniusyield.medium.com/genius-yields-dao-is-live-d769d506f9a6?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/d769d506f9a6</guid>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[dao]]></category>
            <category><![CDATA[clarity-dao]]></category>
            <category><![CDATA[governance]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Wed, 20 Mar 2024 21:26:19 GMT</pubDate>
            <atom:updated>2024-03-20T21:26:19.674Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*MVXHHb51iFycQ3HhNIuwkw.png" /></figure><p>As we advance in the decentralized realm, we are thrilled to announce the activation of<a href="https://voice.geniusyield.co/"> Genius Yield’s Decentralized Autonomous Organization (DAO),</a> realized through a strategic alliance with Clarity — experts in community governance and management tools for Cardano projects.</p><h3>Championing Community-Led Innovations</h3><p>Genius Yield’s DEX is known as the “Cardano Community DEX,” and its DAO’s inception marks a crucial leap in reinforcing this identity. Our dedication to open-source ethos is evident through making the smart contracts, Market Maker Bots, and Smart Order Routers publicly available. Advancing towards a DAO highlights a profound belief in the power of community-led governance, enabling GENS token holders and stakeholders to actively participate in the project’s course.</p><h3>GENS Tokens: Unlocking Governance Potential</h3><p>The introduction of the DAO marks a significant enhancement in the<a href="https://docs.geniusyield.co/gens-token/genius-token-gens"> utility of GENS tokens</a>, placing governance in the community’s hands. GENS token owners, including both holders and stakers, are empowered to vote on proposals, with each token representing a vote. This democratizes the governance process, allowing the Genius Yield community to drive the project’s evolution in alignment with collective aspirations and principles.</p><h3>Join the Governance Journey</h3><p>The launch of the Genius Yield DAO is a big step forward, aiming for more community involvement, openness, and collective decision-making. We’re inviting everyone with GENS tokens to take part in the voting, sharing your views on where Genius Yield should head next. This isn’t just about casting a vote; it’s about being part of a team effort to shape the future of finance on the Cardano network.</p><p>As Genius Yield continues to innovate and grow, the DAO showcases our commitment to putting the community first in our decision-making. Expect more chances to get involved and help steer Genius Yield’s direction. We’re all in this together, working to build the future of DeFi.</p><p>For more info and to join the governance process, check out the<a href="https://voice.geniusyield.co/"> Genius Yield DAO site</a> and read through the<a href="https://docs.geniusyield.co/gens-token/governances"> GY Governance documentation</a>. Let’s work together to shape the future of Genius Yield and the wider Cardano community.</p><p><strong>About Genius Yield</strong></p><p>Genius Yield is the all-in-one DeFi platform, that combines an order-book DEX with an AI-powered yield optimizer, built from the ground up on the Cardano blockchain.</p><p>It is designed to take advantage of benefits provided by Cardano’s EUTxO smart contracts, such as security, determinism, parallelism, scalability, and composability.</p><p>The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://github.com/geniusyield/smart-order-router">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://geniusyield.medium.com/how-to-create-your-own-market-maker-bot-q-a-and-a-video-walkthrough-by-dr-4cf081a8cea8">Market Maker Bots</a></li><li>[coming soon] DEX’s Smart Contracts</li></ul><p>Visit our social links below:</p><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d769d506f9a6" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield becomes an official USDM launch partner]]></title>
            <link>https://geniusyield.medium.com/genius-yield-becomes-an-official-usdm-launch-partner-68412b26bb4e?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/68412b26bb4e</guid>
            <category><![CDATA[stable-coin]]></category>
            <category><![CDATA[mehen]]></category>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[defi]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Fri, 15 Mar 2024 16:01:36 GMT</pubDate>
            <atom:updated>2024-03-15T16:01:36.632Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*Rw-xGAy3M2ZpHqzI" /></figure><p><em>15th of March 2024, Zug, Switzerland:</em> Genius Yield, the all-in-one DeFi platform, that combines an order-book DEX with an AI-powered yield optimizer, is thrilled to announce its partnership with Mehen, provider of the fiat-backed stablecoin solution for the Cardano blockchain, marking the official launch of the USDM stablecoin on Genius Yield’s DEX.</p><p><a href="https://www.mehen.io/">USDM</a>, the fiat-backed stablecoin, fills a critical gap in Cardano’s ecosystem, enabling seamless interaction with fiat currencies in decentralized finance (DeFi). By providing a stable trading pair against fiat, USDM enhances predictability and facilitates smoother transactions within the Cardano network. Beyond DeFi, USDM extends Cardano’s utility to everyday transactions, attracting new users and injecting liquidity into the ecosystem while offering a safer fiat-to-ADA onboarding alternative to centralized exchanges.</p><p><strong>USDM must-know facts:</strong></p><ul><li>Fiat-Backed Stability: Backed 1:1 by USD in a US-based Reserve, ensuring stability in the volatile crypto market.</li><li>Cardano Integration: Leveraging the security and efficiency of the Cardano blockchain for seamless transactions.</li><li>Capital Efficiency: Designed for maximum capital efficiency, ideal for DeFi protocols and on-chain payments.</li></ul><h3>USDM Listing on Genius Yield’s DEX</h3><p>USDM will be listed on the <a href="https://app.geniusyield.co/">Genius Yield’s DEX</a> the week commencing 18th of March, 2024. To celebrate the launch, the Genius Yield team will offer exciting incentives for traders and liquidity providers. For a limited time, <strong>all USDM/ADA limit orders, created and executed on the DEX, will receive a x3 APY boost </strong>paid out in GENS and distributed as a part of the <a href="https://x.com/GeniusyieldO/status/1767270686782026177?s=20">Accelerated Yield Program</a>!</p><p>The exact starting date will be communicated in the upcoming days by Genius Yield and Mehen teams on the respective social media channels.</p><p>Additionally, dedicated USDM/ADA Market Maker Bots (MMBs) and Smart Order Routers (SORs) will enhance liquidity and trading efficiency on the Genius Yield’s DEX. Both <a href="https://www.geniusyield.co/marketmakerbot">MMBs</a> and <a href="https://www.geniusyield.co/smartorderrouter">SORs</a> are open-sourced to the Cardano community, so everyone can create theirs and participate in the USDM launch! If you need assistance with creating your own Market Maker Bot, then join <a href="https://discord.com/invite/TNHf4fs626">Genius Yield’s Discord</a> and head to the <em>“#mmb-operators”</em> section.</p><p>Both Mehen and Genius Yield teams are excited to cooperate and bridge the gap between traditional fiat currencies and the decentralized world of blockchain.</p><p>Stay tuned for more updates and follow both projects’ social media channels listed below!</p><h3>About Genius Yield</h3><p>Genius Yield is the all-in-one DeFi platform that combines an order-book DEX with an AI-powered yield optimizer, built from the ground up on the Cardano blockchain.</p><p>It is designed to take advantage of benefits provided by Cardano’s EUTxO smart contracts, such as security, determinism, parallelism, scalability, and composability.</p><p>The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li>[coming soon] DEX’s Smart Contracts</li></ul><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">X</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><p><strong>About USDM</strong></p><p>USDM is the first fiat-backed stablecoin issued on the Cardano blockchain. It is backed 1:1 by USD in the USDM Reserve, and can be purchased or redeemed for $1. The token conforms with the standard Cardano native token formats, with 6 decimal points, for maximum compatibility and composability within the Cardano blockchain ecosystem. Reserves are verified by the Charli3 Oracle network, which has read-only access to the USDM Reserve accounts. For ultimate Proof of Reserves transparency, the Charli3 Oracle independently reports the value of the USDM Reserve on-chain daily. Minting of the USDM token is controlled by smart contracts that ensure the amount of USDM that is able to be minted is equivalent to the USDM Reserve as independently reported by Charli3. The USDM Reserve is held in a group of AAA-rated USD Government-only Money Market Funds and bank accounts. Designed to be stable, transparent, and efficient, USDM bridges the gap between traditional fiat currencies and the decentralized world of blockchain.</p><p><a href="https://www.mehen.io/">Website</a> | <a href="https://discord.gg/usdm">Discord</a> | <a href="https://twitter.com/MehenOfficial">X</a> | <a href="https://medium.com/@MehenOfficial">Medium</a> |</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=68412b26bb4e" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Genius Yield Roadmap Update]]></title>
            <link>https://geniusyield.medium.com/genius-yield-roadmap-update-2c64bb49f90f?source=rss-90ddba640e5b------2</link>
            <guid isPermaLink="false">https://medium.com/p/2c64bb49f90f</guid>
            <category><![CDATA[genius-yield]]></category>
            <category><![CDATA[cardano]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[roadmaps]]></category>
            <category><![CDATA[defi]]></category>
            <dc:creator><![CDATA[Genius Yield]]></dc:creator>
            <pubDate>Tue, 06 Feb 2024 09:43:03 GMT</pubDate>
            <atom:updated>2024-02-06T10:16:43.930Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*5oC-05BUcKFvb2d-" /></figure><p>Genius Yield has successfully delivered its order-book decentralized exchange. Since December 2023, traders in the Cardano ecosystem can finally trade on a DEX with price transparency and advanced order types such as time-limit orders. We have a goal of being Cardano’s Community DEX. As the traction on Genius Yield’s DEX increases along with the addition of more advanced order types, we aim to become the premier DEX for all traders, whether you’re an experienced trader or a beginner.</p><p>Unlike AMM DEXs with centralized batchers, the operations of our DEX are ran independently by the community from our open-sourced market maker bots (MMBs) and smart order routers (SORs)</p><p>With Genius Yield’s DEX, the risks of impermanent loss from AMM DEXs are gone. If you want to be a liquidity provider, you can manually place limit orders on Genius Yield’s DEX or you can manage your liquidity through running your own <a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a>. MMBs can profit from trading activity by exploiting bid/ask spreads on token pairs when placing multiple buy or sell orders on the DEX. With these bots you avoid the impermanent loss seen in many AMM DEXs as your liquidity isn’t pooled with others. You have full control of how your funds provide liquidity, as you can provide one-sided liquidity and configure customized trading strategies. <a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a> run by the community handle the scanning, matching, and execution of orders on Genius Yield’s DEX, allowing orders to be filled in a timely and efficient manner.</p><p>Based on community feedback and the desire to be transparent, the Genius Yield team is providing an updated roadmap. The roadmap is a “living” document, subject to changes.</p><p>Phase 1</p><ul><li>DEX Fee redistribution — A key utility of Genius Yield’s utility token is the ability to receive 20% of fees generated by the DEX. By staking GENS, stakers will receive a portion of DEX fees proportionate to the amount they staked. <strong>A unique feature of the Genius Yield DEX is that since many different tokens trade on the DEX, GENS stakers can claim fees generated by trades with these tokens. GENS stakers benefit from this utility as the volume on the DEX grows. </strong>To stake, check, or and claim rewards, go to<strong> </strong><a href="https://app.geniusyield.co/earn">https://app.geniusyield.co/earn</a><strong> </strong>and connect the wallet that is currently staking GENS.</li><li><a href="https://geniusyield.medium.com/accelerated-yield-is-coming-to-genius-yields-dex-d0b4e60a2508">Accelerated Yield</a> — Trading on Genius Yield’s DEX is rewarded with GENS for a limited time. GENS stakers are eligible for a second tier of rewards, potentially accelerating their yield even more. highly-anticipated feature and one of the GENS token’s main utilities. Rewards can also be claimed at <a href="https://app.geniusyield.co/earn">https://app.geniusyield.co/earn</a>. The dashboard also shows rewards collected in the Accelerated Yield program.</li><li>Market Orders Multi-Fills — Large single orders can be matched and filled by multiple orders based on the most efficient price available on the DEX.</li><li>Audit — As we value security, we are getting our smart contracts audited for the second time.</li></ul><p>Phase 2</p><ul><li>DEX UI and UX improvements — As we receive feedback from the community, we will implement updates to improve DEX’s UI and UX, enhancing Genius Yield’s DEX user experience.</li><li>Bug Bounty Program Launch — A final security stress test of the Genius Yield platform</li><li>Marker Maker Bots framework — This feature will give liquidity providers flexibility in employing different trading strategies when managing their funds</li><li>Updated Staking Options — More staking options for GENS stakers.</li><li>DAO integration — GENS holders will be eligible to vote on proposals that influence future features and development of the Genius Yield platform.</li></ul><p>Phase 3:</p><ul><li>Smart Swaps — An advanced order types that allow for flexibility and modularity, with the potential to provide sophisticated trading functionalities</li><li>DEX smart contract open-sourcing — Continuing with transparency, we plan to open-source the smart contracts of the DEX.</li></ul><p>Phase 4:</p><ul><li>AI-Powered Smart Liquidity Vaults (SLVs) testnet — AI-powered algorithmic strategies that will leverage Genius Yield’s Market Maker Bots and Smart Swaps features. SLVs will automate users’ yield optimization strategies and unlock the additional opportunity to earn passive rewards!</li><li>AI-Powered Smart Liquidity Vaults (SLVs) mainnet</li></ul><p>Phase 5:</p><ul><li>Leaderboard and custom Smart Liquidity Vaults strategy sharing — Details to be provided at a later stage.</li></ul><p><strong>About Genius Yield</strong></p><p>Genius Yield is the all-in-one DeFi platform that combines an order book DEX with an AI-powered yield optimizer, “Smart Liquidity Vault”, built from the ground up to fully benefit from Cardano’s EUTxO-based ledger. The Genius Yield platform is accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.</p><p>Genius Yield minimizes risk and maximizes profits in an intuitive, hassle-free way.</p><p><strong>The Community DEX</strong></p><p>At Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:</p><ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li>[coming soon] DEX’s Smart Contracts</li></ul><p>Visit our social links below:</p><p><a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=2c64bb49f90f" width="1" height="1" alt="">]]></content:encoded>
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