Today, we explore what Honey’s innovations means for you, whether you’re an NFT collector or yield chaser looking for new (and safe) DeFi opportunities. Honey firstly focuses on protecting lenders, by reducing the overall risk in the protocol, while also achieving capital efficiency to improve yields. This is made possible…

With the growing popularity of Sudoswap, and the rise of similar NFT AMMs on Solana, it’s important to look beyond the hype and understand what concentrated liquidity actually means for NFTs and traders. Concentrated liquidity — Basics I will keep it short, but if you’re interested in fully understanding how Automated Market Makers (AMMs)…

Concentrated Liquidity is arguably the biggest innovation in DeFi of the last 2 years. It has revolutionised Automated Market Makers (AMMs) and is now making its way to NFTs. Those that understand it will win a big way, while those that don’t secretly get rekt. So (very simply) how does it work ? First we need some background…

August has seen major changes within the DAO, as we continue to secure our protocol through increased decentralisation and liquidity. New NFT Liquidations After its redesign in July, the NFT liquidation engine has been implemented on Solana, and can already be tested in our development build. The new and improved liquidation engine is…

DeFi is quickly discovering its first growing pains. Low APRs, high risk and terrible user experiences are plaguing its adoption. To better visualise the problem, we can go on one of the most popular lending markets in DeFi — Compound ETH. Lenders supplying ETH into Compound currently receive 0.07% APY…

Today, Honey Labs is introducing the first part of its 3 step plan to overcome bottlenecks for scalability around NFT liquidity. I’ve discussed these bottlenecks in a previous article, Why Nobody Cares About NFT x DeFi — TL;DR : P2P allows customised, highly flexible loans, but is less efficient to…

July has been one of the most productive months for Honey Labs, so much so that it’s easy to lose track of everything we’ve been building. This, along with a small nudge from Gaius, inspired us to create monthly reports for the Honey DAO. Without further ado, let’s dig right…

Introduction Honey Finance is introducing instant loans and variable rates to NFT lending, allowing borrowers to get liquidity for their JPEGs while lenders obtain high yields. The system outlined in our whitepaper is backed by AMMs absorbing the liquidations of NFT collateral. Previously, when an NFT loan was not paid…

TLDR - We are deploying our NFT borrowing protocol natively on EVM chains - Governance will be cross-chain in partnership with Wormhole - We are integrating the portal and NFT bridges for cross-chain lending markets Some numbers on Solana Since launching NFT staking last year, Honey Finance has quickly grown into one of the…