Goodbye Blink Finance, Hello Arkis
The Arkis Times, Issue 4
Big announcement: We’ve rebranded!
Today, we proudly announce Arkis, a multichain prime brokerage with portfolio margin for institutional digital asset investors. While we remain focused on accelerating the maturity of DeFi, we are redefining what it means to facilitate the provision of the most capital-efficient undercollateralized leverage for DeFi financial institutions and traders through our transition from Blink Finance to Arkis.
Welcome to the fourth edition of The Arkis Times - your biweekly bulletin keeping you abreast of the fast-paced world of DeFi.
What does Arkis do?
DeFi accelerated. Arkis uses portfolio margin to facilitate the most capital-efficient undercollateralized leverage in DeFi.
Arkis’s infrastructure allows users to leverage their on-chain trading positions across multiple protocols and blockchains within one on-chain margin account. We bring to DeFi the most sophisticated margin engine for multichain portfolios that enables portfolio margin and solves on-chain prime-brokerage financing.
You can read more about our use cases here.
Why use Arkis?
Arkis is addressing the fragmentation problem in the crypto world, particularly in the DeFi sector. The fragmentation issue arises due to the dispersion of liquidity across different chains (Ethereum, BSC, Polygon, Arbitrum) and protocols (AAVE, Uniswap, Curve). This fragmentation can lead to higher transaction costs, market impact, and slippage, making it more challenging for buyers and sellers to find each other.
Arkis solves this issue with two products: Arkis Protocol and Arkis Margin Engine. Arkis Protocol consists of trading and liquidity pools and smart contracts adapters and implements multichain undercollateralized leverage powered by Arkis Margin Engine. Users can lock their liquidity in Arkis Protocol liquidity pools to passively earn interest on their tokens, while others can borrow funds from pools to trade with leverage in DeFi.
Arkis Margin Engine is a centralized portfolio analytics system that calculates the initial and maintenance margin needed to provide leverage to a user. This system allows users to get multichain leverage on various protocols with much lower LTV than traditional credit protocols.
What’s next?
We are working together with funds and DAOs to build products and aim to launch on Testnet in October 2023—only 2 months away. Don’t hesitate to reach out and join our exclusive list of financial institutions that help revolutionize DeFi prime brokerage!
You can follow us on LinkedIn and Twitter, and join our Announcements channel on Telegram to be the first to hear about product updates.
Multichain, undercollateralized leverage powered by portfolio margin—Arkis looks forward to being your go-to prime broker. We hope you’ll join us.
Don’t forget to sign up for our whitelist!
~ Arkis