DeFi Solutions for Institutions and Crypto Enterprises
DeFi Solutions for Institutions and Crypto Enterprises
As of May 2021, the Ethereum DeFi ecosystem has surpassed US$60 billion in collateral. Cryptocurrency exchanges, funds, decentralized projects, and financial institutions seek to engage and capitalize on opportunities created by this new economic system. ConsenSys offers several software solutions to facilitate entry and participation in DeFi.
Access the entire DeFi ecosystem with institutional trading features
As the Ethereum DeFi ecosystem grows by billions of dollars each week in collateral, cryptocurrency funds, family offices, and financial institutions increasingly seek exposure and access to the diverse decentralized finance opportunities that compose Web3. To keep up with the pace of DeFi innovation, institutions require safe, secure, and efficient investment and operational processes.
MetaMask Institutional gives institutional investors access to the DeFi ecosystem through the most trusted and used wallet. We enable funds to easily swap tokens, borrow, lend, invest, and interact with DeFi protocols and applications directly using the MetaMask interface—upgraded to include enterprise security, operation, and reporting features to power a professional DeFi experience.
With MetaMask Institutional, institutional investors achieve unrivaled access to decentralized applications with native integration, enterprise-grade security, and robust compliance features to create secure and efficient processes for institutional workflows.
Earn rewards with Eth2 staking
Since December 2020, thousands of validators have staked billions of dollars in order to earn rewards for securing the Ethereum 2.0 Beacon Chain. Crypto funds, exchanges, and financial institutions are among the big players in this space.
However, becoming a validator is complicated. Maintaining validator infrastructure and fulfilling responsibilities generates both overhead and risk exposure. While technical bugs, software failures, and connectivity issues can jeopardize rewards, mismanagement of keys and transaction problems can lead to a loss of principal funds.
Codefi enables institutions to stake ETH without the complexities of maintaining validator infrastructure or ever surrendering custody of their ETH to a third-party. We significantly reduce technical risks and optimize operations for increased rewards generation. We utilize best-in-class validator key and transaction security and facilitate efficient validator management.
Early staking participants, including exchanges, funds, and custodians, are generating an average of 9.9% annual percentage yield.
Increase trade-flow efficiency with price information aggregation
Decentralized exchange (DEX) users often don’t automatically receive the best prices. Because each DEX or DEX aggregator performs differently under different circumstances, some users still need to navigate multiple decentralized exchanges to compare options. Tokens then need to be approved for trading on each venue, incurring gas costs, and making regular swaps inaccessible to millions. In order to remain competitive, DEXs need to improve this user experience.
Codefi offers a Price Information Aggregation API that collates prices from multiple decentralized exchange aggregators, professional market makers, and individual DEXs—including Uniswap, AirSwap, 0x API, 1inch.exchange, Paraswap, and Totle—creating the largest pool of decentralized pricing information in the DeFi ecosystem. Self-custodial wallets like MetaMask have incorporated this technology to produce MetaMask Swaps, facilitating over 341,000 peer to peer swaps worth over US$ 1 billion within its first six months.
Aggregating price information removes friction for millions of users, increasing the efficiency of these systems, and further democratizing access to Web3 and DeFi.
Launch and strengthen decentralized networks
Building decentralized networks is challenging. Product teams need to (1) put in place sound technical infrastructure to support on-chain and off-chain activities, (2) develop sustainable operational models and incentive systems, (3) build various application functionalities, (4) design a seamless user experience, (5) grow a community that will actively engage in securing the network through staking or participating in network governance, and more.
These components are key to creating a successful decentralized network, incentivizing optimal user behavior, building network resilience, and improving performance.
Codefi supports decentralized networks through application development, network launch, community growth, token distribution, and network governance. We leverage the ConsenSys product suite—including infrastructure from Infura or Quorum, development tools from Truffle, security audits from Diligence, and DeFi access through MetaMask—to help build and strengthen decentralized applications.
Build your DeFi applications on trusted infrastructure
While cryptocurrency exchanges need to facilitate token trades, liquidity management, and new pool creation; exchange aggregators need to source on-chain prices, query user balances, and track the state of user transactions. In order to accomplish this, they need to pull an array of information from smart contracts on the Ethereum blockchain. This data is used to inform pricing between pairs, user balances, and swap rates.
Crypto exchanges and exchange aggregators need reliable infrastructure to access this data, in addition to scaling capabilities in order to meet large request volumes.
The Infura API suite helps cryptocurrency exchanges like Uniswap and exchange aggregators like Paraswap meet the data demands of their users, with easy integration and high volume scaling capabilities.
Work with ConsenSys to build DeFi solutions
DeFi for Institutions
The institutional DeFi world is at an incredibly exciting moment in its adoption cycle. The time is ripe for your institution to learn about the experience of first movers, the emerging opportunities in the DeFi space, and how best to get started.
DeFi for Institutions: Why Now?
ConsenSys, Aave, and Centrifuge are joining forces to engage with institutions in order to facilitate entry and participation in DeFi. This webinar will walk through how institutions can shape their DeFi strategy and which major milestones to look out for in order to optimize their DeFi roadmaps.
Benefits of DeFi for Institutions
Access to the Internet of Money
A parallel financial system is emerging through blockchain technology. Financial service applications for money, banking, exchanges, brokerages, insurance, payments, and asset management are being established.
Exposure to New Models for Yield Generation
Decentralized Finance presents exposure to new financial primitives in the areas of lending, investing, and reward for services (staking), providing participants with expansive opportunities for growth.
Trusted Technology and Tested UI
ConsenSys is an engineering and infrastructure leader with both enterprise blockchain and DeFi. We offer blockchain infrastructure, decentralized application development, launch, and governance, institutional trading features, and Eth2 staking services.
DeFi Products for Institutions by ConsenSys
MetaMask InstitutionalEnterprise-grade security, operational, and reporting features for Institutional Finance—built into the world's most trusted Ethereum wallet. We enable funds to swap tokens, borrow, lend, invest, and interact with DeFi protocols and applications using the MetaMask interface.
Codefi StakingCodefi Staking enables crypto exchanges and financial institutions to capitalize on the revenue opportunity of Ethereum 2.0 without the technical and operational complexities of running an independent validator.
Codefi MarketsCodefi Markets enhances liquidity for digital assets with an integrated OTC trading solution and a price information aggregation API to enable fast, secure, and optimally structured peer-to-peer transfers.
Codefi ActivateCodefi Activate accelerates decentralized projects through application development, network launch, community growth, token distribution, and network governance. We facilitate interaction between three main stakeholders: Token holders, decentralized networks, and staking-as-a-service providers.
InfuraInstant scalable API access to the Ethereum, Ethereum 2.0, IPFS, and Filecoin networks. Our world-class infrastructure allows developers to reliably scale decentralized applications to meet user demand.
DeFi Solutions News and Insights
Your Complete Guide to DeFiMillions of people across the globe are using the Ethereum blockchain to build and participate in a new economic system that is powered by code and setting new standards for financial access, opportunity, and trust. Here’s your complete guide to the exciting new world of DeFi.
WEBINAR | Introduction to DeFiAn introduction to Decentralized Finance by Corbin Page, Head of Product at ConsenSys Codefi
Eth2 Staking for Institutions: January 2021 UpdateStaking on Ethereum 2.0 has gained enormous traction since the launch of the Beacon Chain on December 1st 2020. Over 2,655,074 ETH has been staked, with the average APR now at 9.9% for validators.
ConsenSys and Securosys to launch secure method for long-term Ethereum 2.0 stakingConsenSys, the leading Ethereum software company, and Securosys, a leader in cybersecurity, encryption, and digital identity protection, today announced the launch of a seamless and secure method for long-term Ethereum 2.0 staking.
MetaMask Early Adopter Program Enables Institutional Access to DeFiCurv, a leader in digital asset security, will be the first launch partner to integrate an institutional version of MetaMask to connect its customers to decentralized finance protocols and applications.
What is the Codefi Blockchain Application Suite?How does Codefi's blockchain product suite present a solution to the challenges of operating within traditional finance, scaling decentralized networks, and widening access to Web3? Codefi comprises nine product modules that work together to power the next evolution of commerce and finance.