TIDAL FINANCE MONTHLY REVIEW — JANUARY 2021

We successfully transitioned into February from the first month and it’s amazing how quickly it went by. We are proud of how much we achieved as we entered the new year.

As we trail back, we see there are so many things from last month that really made a difference for us and we would like to take you through each one of them.

Here is our monthly review for January 2021.

PARTNERSHIP DEVELOPMENTS:

We successfully secured 9 partnerships that usher our cause and can immensely contribute to our growth.

Equilibrium: This collaboration provides decentralized insurance to users of the Equilibrium platform. Equilibrium is a cross-chain money market that combines pooled lending with synthetic asset generation and trading. With Equilibrium, Tidal Finance can offer the highest quality decentralized insurance marketplace that is open and efficient.

Read more about this partnership here.

EdgeWare: This collaboration offers liquidity to Tidal’s insurance cover protocol from ecosystem users as well as EdgeWare’s on-chain treasury making it more resilient to flash loan-based attacks. Edgeware is a high-performance, self-upgrading smart contract blockchain with on-chain governance. Edgeware will utilize the TIDAL model to help manage risk for their platform. Tidal will provide insurance cover for Edgeware’s users’ assets and help Edgeware’s insurance fund earn yield.

Read more about this partnership here.

Bandot: This collaboration provides decentralized insurance service to Bandot’s pledge fund pool and liquidity mining, offering Bandot users to get covered in case of smart contract exploit. Bandot is Polkadot’s first stable coin credit system with cross-chain smart token swaps, unsecured credit, and a liquidity pool. Tidal chose to form a partnership with Bandot because of Bandot’s important role in working on the exchange of smart assets in parachains and improving the ability of token interaction between parachains.

Read more about this partnership here.

StakeDAO: This collaboration empowers Tidal to provide insurance cover for Stake’s users’ assets and help StakeDAO’s insurance fund earn yield. StakeDAO is a platform leveraging the entire DeFi ecosystem in order to provide access to the most effective and the most unique investment strategies. Stake will utilize the TIDAL model to help manage risk for their platform and explore future integrations of TIDAL in Stake’s yield optimization strategies.

Read more about the partnership here.

Cere Network: This collaboration provides decentralized insurance service to Cere’s pledge fund pool and liquidity mining, offering Cere users to get covered in case of smart contract exploit. Cere Network is the world’s first Decentralized Data and Finance Cloud platform built on Polkadot and a pioneer as the founder of the SaaS-DeFi Alliance. Cere will also become an option for Tidal capital providers to earn additional returns.

Read more about this partnership here.

Konomi: This collaboration protects Konomi’s users from malicious attacks or smart contract exploits. Konomi is a decentralized liquidity and money market protocol for cross-chain crypto assets. Tidal will help strengthen Konomi’s unique lending module which enables users to access a variety of supported pools.

Read more about this partnership here.

Stafi Protocol: This collaboration allows Tidal Finance to offer mutual cover pools to Stafi and assets held in the platform. Stafi provides a secured solution to address the conflict between the mainnet security and the token liquidity in the staking model. With Stafi, Tidal could protect cover buyers and improve yield optimization features.

Read more about this partnership here.

Reef Finance: This collaboration promotes decentralized smart insurance solutions. Reef Finance is the first cross-chain operating system on Polkadot and the first Polkadot project to be listed on Binance. Tidal Finance will allow the creation of customized smart contract insurance covers in a decentralized manner by providing enhanced security against malicious threats. The partnership aims to strengthen the ongoing adoption in the DeFi space by designing smart and intuitive solutions.

Read more about this partnership here.

KnitFinance: This collaboration allows Tidal to offer mutual cover pools to KnitFinance. Knit Finance is a decentralized protocol combining synthetics across multiple chains, Bridges, and real-world markets. Tidal users could provide decentralized insurance to KnitFinance users as they mint, stake, lend, borrow, and collateralize their native tokens.

Read more about this partnership here.

RELEASES AND CAMPAIGNS

• The Tidal team has designed Mutual Cover Pools to offer a highly competitive insurance premium model by allowing LP’s capital to get exposure to multiple protocols. We released an article explaining the highlights of the Mutual Cover Pools to help the community develop a close understanding of it.
• We interviewed Dan Raykhman, CTO of Engineering, Tidal Finance, to share the highlights of his journey in the finance and blockchain industry with the community.
• A community voting event was introduced to bring the most favored IDO platform for Tidal Finance to light.
• The Polkadot DeFi Alliance hosted its first Panel Discussion to highlight the importance of Polkadot.

AMA SERIES

Our month was packed with AMA sessions with multiple communities. We also hosted a few AMAs to expand our community outreach and introduce different projects that can immensely support our goals.

List of projects we hosted AMAs with:

• EdgeWare
• Konomi
• Bandot
• Knit Finance
• Cere Network

And with these, we successfully closed the month.

It was an interesting ride with more exciting surprises along the way. We’re grateful to our community for their love and support. We hope you continue to support us.

An exciting month awaits.