Instrumental Finance | $STRM

Instrumental will be the home of DeFi strategists, generating incredible value for users but also making cross-ecosystem markets efficient. Capture value & deploy investment vehicles with strategies that span across the various ecosystems such as Polkadot, Kusama, Cosmos & NEAR.

We are excited to bring additional value to @Picasso_Network's cross-chain ecosystem being built by Composable and keeping a close eye on all developments from their team to align our roadmap and vision. Stay tuned for updates on our progress!

We are also exploring the use of liquid staking derivatives, such as those provided by @LidoFinance and @stride_zone, as the basis for an Instrumental strategy. This would allow users to earn yield on their staked assets through a process of bridging and LPing on Pablo.

Our vision for 2023 remains to provide users with access to a range of cross-chain vaults and strategies to allow users to generate value from cross-chain opportunities in a simple and user-friendly way. @instrumentalfinance/our-vision-for-2023-b2a86cee169b" target="_blank" rel="nofollow noopener">medium.com/@instrumentalf…

The first of our strategies will be built on top of the Pablo DEX, allowing users to maximize their yield on Picasso. Instrumental aims to release initial strategies to enable single-asset deposits and withdrawals from Pablo pools. 🧉

Instrumental will enable users to capture cross-chain value in all the connected chains and ecosystems of Picasso. Yield strategies will no longer be confined to a single chain or even a single ecosystem. Instrumental on @Picasso_Network. 🏹

A milestone for @ComposableFin with the @Picasso_network’s phased launch sequence. We are working to deploy on Picasso and leverage yield opportunities for users from across the Substrate and IBC ecosystems. 🤝

To see the latest development updates from the Instrumental team, catch up on our latest blog post. 📕 twitter.com/instrumentalfi…

Legible users unable to claim rewards in the previous batch have been rewarded appropriately. 🤝 You can find information regarding the utility of veSTRM in this blog. ⬇️ twitter.com/instrumentalfi…

🔒 veSTRM ANNOUNCEMENT 🔒 As part of our initial liquidity mining incentives, we have released a further 0.3% of the $STRM supply to reward existing veSTRM lockers. 🌪️

Although there are options for on-chain order books, they are often plagued by network congestion, high gas fees, and slow execution. Thus, liquidity pools are the preferred method for trading on-chain at this time and the method Instrumental uses as a cross-chain strategy hub.

Traditional order book method allows for buyers to enter a position at a desired price, and for sellers to exit their positions in the same manner. Provided there is a party willing to accept the trade. Trades are automatically executed by the order book when a match is found.

A thread on LPing Liquidity, the ability to quickly purchase, sell or swap assets, is key to the success of any DeFi protocol. As such, liquidity pools have become the backbone of trading on-chain. Here, we will cover what makes liquidity pools so well suited for trading on-chain