Mobility in the Web Age 3 = Bandwidth in the Internet Age

元宇宙之道 view 24632 2022-1-14 09:32
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The Internet is changing at a huge cost.

A massive data exchange called the “Internet” is evolving into a series of transactions with direct exchange rates in the form of tokens. Web3 will change the way business, the way of business, the way people work and configure, and how products are delivered and used. This decentralized activity requires access to a grid and network access (such as the Internet).

It also requires access to the blockchain and, most importantly, performance.

The purpose of this article is to discuss how liquidity could be the bandwidth of the “Internet” of the future and, indeed, the bandwidth of all decentralized industries of the future. . We then briefly discuss the role of Toknak in maximizing bandwidth capacity.

Broadband mobility is pretty much here.

Web 3时代的流动性=互联网时代的带宽

To better understand the concept of liquidity as bandwidth, we must first understand what these two terms mean. Let's start with the easy-to-define definition of bandwidth and then take a look at the terms liquidity.

bandwidth

Network bandwidth is the speed at which data travels over a network. More bandwidth therefore means more data flow. In a world where users communicate online, it's clear that higher bandwidth means better internet performance (assuming all the hype around 5G).

Bandwidth is measured in data per second (bits per second). In the early days of the modern Internet, dial-up modem users sent data at 56 bits per second. This enabled the first Internet marketing products such as web pages and email.

When Ethereum appeared, the game changed rapidly. Ethernet increases bandwidth at speeds of up to 10 Mbps. This means that Ethernet can transmit up to 180 times more data over the Internet than a phone number. Bandwidth and high speed data transfer achieved!

Since then, speeds have been faster and are now typically 1-10 G/s (18,000-180,000 times faster than dial-up data). Such speed is needed to open many Internet devices that cannot be imagined in the low bandwidth of dial-up access. Streaming services like Netflix, cloud-based gaming, and cloud-native servers are now possible with increased internet bandwidth.

But more importantly, reliable network bandwidth requires not only power and speed, but also durability. Users send and analyze data asynchronously over the Internet. That is, it is required when secure bandwidth is needed. More on that later.

It's finish

Liquidity is a more difficult role to define. In DeFi / Web3, the income is used to translate the tokens (value) which are donated or held almost anywhere. There is nothing wrong with the general use of this word, but I will say a little more about it here.

We interpret income in a versatile way that can be used to swap one token for another. In a sense, liquidity is the juice for trading and converting tokens. For example, if you have ABC tokens and want to trade or "convert" them to XYZ tokens, you need to manage the income.

In terms of trading, you have to deal with the liquidity of ABC / XYZ. In other words, you have to sell ABC / XYZ. Selling ABC / XYZ means selling ABC for XYZ.

Next, let's talk about the pros and cons of fluids, starting with the cons.

Low liquidity is liquidity that loses a lot of value when dealing with liquidity. This means that "little liquidity" means bad liquidity. No liquidity occurs when there are not enough tokens to trade. For example, suppose you want to sell ABC for XYZ and all ABC's are now worth 1XYZ. If there is not a lot of XYZ available for income, it means that there is a charge for XYZ. You want to sell 10 ABC for 10 XYZ (priced at 1XYZ).

But in exchange, you can only get 8 XYZ from the market due to capital constraints. If you deal with inefficiencies and buy XYZ for a higher price than it actually is, you lose a lot of value (2XYZ in this case) in the process.

Good liquidity, on the other hand, is liquidity that can retain most of its value when trading. As you might guess, "general liquidity" is good liquidity.

Let's go back to the example above. Looking back, you want to sell 10 ABC for XYZ, and the price of 1 ABC is still 1XYZ. Then for deep waters with multiple XYZs to buy, you can exit the market at 9.9999XYZ. You still get just under 10XYZ. And that's the cost to get cash. However, it retains almost all of its benefits from the start.

✍️ Note to writers: some exchanges may offer better or lower rates for the same level of token liquidity, but it goes beyond that line!

"Deep liquidity" means that the price is retained during the token transaction, while "sparse liquidity" means that the value is lost during the token transaction.

This means you can trade at market value when capacity is important. Liquidity is scarce, so the rate fluctuates greatly when interacting.

Who needs cash?

Having discussed bandwidth and liquidity, it is important to understand why it matters and who needs liquidity. One word: people. Also, it's not wide enough. He understands everything and everything.

The above discussion may lead to the assumption that only traders should be passionate about liquidity. In Web3, this is not far from the truth. Each user manages the income because each user has to buy and sell the tokens needed to trade the tokens. Similarly, each process must be linked to income when buying/selling and borrowing/borrowing from other processes linked to it.

Here are some examples:

is 1?

First, let's give an example where a user is looking for income. Suppose the user needs APR by staking ABC. It will then usually start with ETH or USDC (or any other fixed currency), so it will need to be incorporated into ABC / ETH income to join the original ABC.

At the same time, they started to collect results. When asked, they may want to sell it for a fee, a purchase, or some other investment. Again, they interfere with the fluid to do this.

is 2?

Suppose the game user decides to buy buildings and avatars in the new "P2E" game. And the game only accepts ING game currency. Well, users need to trade with ING earnings first to get ING. Then, users use ING to purchase housing NFTs and avatar NFTs and interact with refunds (this time available in ING and NFTs).

is 3?

The role of multiple processors is to transform part of TVL from one cause to another. For example, Sample Protocol A interacts with Protocol B to hedge when the value reaches a certain point.

When this happens, Protocol A needs to use a certain amount of AAA token and exchange it with the BBB of Protocol B so that it can interact with Protocol B. A particular example of this is a deletion from MakerDAO Vault when the a product's price falls below the minimum guarantee ratio. In this case, we sell enough collateral to pay off the additional debt corresponding to the existing liquidation penalty.

is 4?

It has been speculated that the DEX Protocol relies on Revenue Providers (LPs) to keep the entire business model functioning. More deposits means better prices can be offered (less cost to consumers). This in turn encourages users to trade here more than anywhere else, increasing trading volume through this DEX. Of course, an increase in the packaging industry means an increase in DEX revenue.

After looking at a few examples of how spending is done in Web3, we turn to the issue of bandwidth resources.

liquidity = bandwidth

In this new "internet of value" liquidity is the key thing you need to do. So in this world, liquidity serves as bandwidth.

In other words, as Internet data increases, more bandwidth must be created and more data is moved. Low data bandwidth means participants cannot move more data. We can't do Netflix until we have enough data bandwidth to rely on streaming video over the network.

Internet prices want to be able to do more and move more costs. Lack of capital means that participants will no longer be able to change the price because the loss in value is too high. Think of a business where prices cannot flow freely because prices drop every time prices change or change. Current state of DeFi and Web3.

The exchange rate can change the data exchange rate, and the revenue or new Web3 network bandwidth. The problem is that current liquidity bandwidth is scarce and unreliable. Check how many tokens you currently have that you are not used for. The answer is usually yes.

Taking ALCX as an example, Sushiswap can consume less than 20% of its product in liquid form. There are also additional non-additives, so the bulk of the ALCX generation is not used in liquid form. This is not unique to ALCX, but it is an example that applies to all common cases.

The root cause of the incompetence is that DeFi creates too much friction for users to become LPs. For ordinary carriers, we have no capacity for our purposes.

Users are having difficulty

poop endlessly

Peev's ineffectiveness

UX issues arise because veterans can discover and allocate income to Uniswap, Sushiswap, or Balancers (for example), with the end user only being released from any previous experience. .

Those at risk for user experience should also understand and be at risk of permanent loss. It also requires the “other side” of the trading partner, which makes the investment less profitable in terms of income generation. For example, in order to provide ABC performance, you must have and provide both ABC and ETH to provide ABC / ETH liquidity.

Accordingly, DeFi performance is now called. Insufficient ability to support and sustain change with depression.

In addition, the existing income is very unreliable. Most projects increase capacity through salary increases. And this inflation-based income is not safe and can close immediately. Are you sure you want to waive the gift? loss of liquidity. Do you need more gifts? Dilute the value of the token.

Not a good thing.

Web 3时代的流动性=互联网时代的带宽

Tokemak is a solution that aims to address these issues by opening up a deep, stable and capable platform.

How Toknak Solves Liquidity

Tokenmak is a tool that aims to introduce you to the field of high speed floating bandwidth. This bandwidth unlocks the coveted Web3 / DeFi / GameFi applications. The power of the Tokemak engine is there.

So, what is a Token?

Tokenak is a Web3 integration platform that extends all DEXs, chains, and layers. It eliminates the friction for users to become business providers and achieves efficient bandwidth efficiency. The figure below shows the potential of Tokenemak.

Web 3时代的流动性=互联网时代的带宽

Starting at the top of the image, any user or process can place ABC directly into Toknak to generate revenue. They don't have to go through the UX issue of LPing at the exchange level, and they don't have to risk losing it all the time.

You can only deposit assets that you own, without combining them with other assets (ETH, USDC, etc.). In this way, Tokemak trades the trading portion of the stock market acquired by the real estate side in a dual end financial system.

Users are known as Project Managers who run water straight through all of DeFis. Routing industry bandwidth offerings provided by Tokenak maximize efficiency and drive revenue across the spectrum to drive successful DEXs, Chains, L2s, and Stability Coins. Users and processes can enter trades and interactions (between buying and selling) with deepwater Tokenmak offerings.

If we look at Tokemak art again, we see something very interesting. The level of equipment and the level of need are the same. Both have users and policies as participants. Because with Token, anyone can now become an unsuitable financial service provider. When all the lower assets of the whole network are in DEX as liquidity and can flow freely according to the needs of the participants, this unified liquidity layer will be strong for all users and lose the least value for all users. .

in the future

So what happens when maximum liquidity bandwidth is provided? This is the ultimate state of liquidity bandwidth, and Tokemak will fulfill its destiny as the liquidity engine that powers the entire network.

The decentralized enterprise will become a reality.

As we move into the future with widespread use, it's hard to imagine what the future holds. We know that being able to do well can lead to a stable and lower cost, but the impact is even greater.

Imagine the impending deep liquidity bandwidth, it's hard to imagine a dial-up internet user in 1995 streaming Netflix video on their phone. Future innovations driven by deep-sea bandwidth will become even more important.

However, I will try to estimate a few examples of new developments based on the general communication that I expect to come.

Web 3时代的流动性=互联网时代的带宽

First, think about how difficult it can be for someone in a country trying to get a loan as big as a house.

Often the financial infrastructure (like banks) does not exist or people do not have access to the system. In the new world of financial freedom with greater bandwidth capacity, individual cash can be identified on the chain and international lenders can offer loans or mortgages to individuals as needed. The smart contract immediately monitors cash flow, identifies the chain worker, and at the time of loan application, the money can enter the wallet.

Second, think of an entrepreneur who has a great idea for a new business but failed to get it off the ground. In the future, users will post content on the internet and start pitching "business ideas" using token models. Individuals and processes review this information to determine if a strategy is appropriate and to fund a new seed production (or pre-seeding) venture. It compresses the entire investment process into something that can happen as soon as ideas and designs are created, something every entrepreneur dreams of.

Finally, imagine the world we traverse through GameFi and Metaverse. Each has its own identity, information and cash flow associated with information and identity. The Web2 giant has no users. As deep water, the tokens used to load and support users can flow to people in real time on the blockchain. All sorts of entertainment and games can streamline the price and pay attendees to chat, shop, contribute and just hang out in the virtual "always on", well, that's the high price you get from games today's video. It is also easy to teach.

Overall, the impending liquidity bandwidth allows all billing flows to flow freely without interruption, with no middleman or less.

The future will be more surprising and astonishing than the examples described above. All activity will soon be dependent on electronics revenue, which you first heard about here.

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