Introducing Arkis, a multichain prime brokerage with portfolio margin for institutional digital asset investors.
We are excited to announce that today, Blink Finance is rebranding as Arkis. With a completely revamped website and a daring, fresh brand identity, we’re revolutionizing your engagement with decentralized finance. Discover how Arkis facilitates the provision of the most capital-efficient undercollateralized leverage for DeFi financial institutions and traders.
Arkis’s infrastructure allows users to leverage their on-chain trading positions across multiple protocols and blockchains within one on-chain margin account. Arkis brings to DeFi the most sophisticated margin engine for multichain portfolios that enables portfolio margin and solves on-chain prime-brokerage financing.
DeFi, Accelerated
Since our creation 10 months ago, we have been hard at work building Arkis Protocol and Arkis Margin Engine, two products that work together to enable multichain undercollateralized leverage that uses portfolio margin for institutional investors and professional asset managers.
Leverage provisioned by Arkis is distinguished by its adaptability, cross margining, and the multitude of strategies it supports. It facilitates a range of activities, from leveraged long and short positions to pairs trading, liquid staking derivatives (LSD), leveraged yield farming, and delta-hedged pools. Arkis delivers the essential infrastructure and capital required for advanced DeFi trading.
Read more about Use Cases here.
Solving the Fragmentation Problem
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. It also complicates the process of getting a clear overview of the market, as prices and relevant information are split across various exchanges.
Arkis solves this issue with two products: Arkis Protocol and Arkis Margin Engine. The Arkis Protocol consists of trading and liquidity pools and smart contracts adapters and implements multichain undercollateralized leverage powered by the Arkis 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.
The Arkis Margin Engine is a centralized portfolio analytics system that evaluates portfolio risk and 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.
The Advent of a DeFi-native Prime Brokerage
DeFi will require something more than a straightforward analog of TradFi Prime Brokerage in order to solve the reductive on-chain trading experience and inefficient portfolio risk calculation. Unique financial primitives are being created constantly within the DeFi, which has blossomed into a diverse and broad ecosystem with tools enabling almost any use case known in TradFi.
Professionals and Financial Institutions will need proper navigation tools within this beautiful financial chaos in order to lead the adoption of DeFi. Unfortunately, the required infrastructure is not there and has to be built.
Every infant asset class or financial ecosystem was once unstable, hectic, and scary to newcomers, but what we are currently seeing is just history repeating itself; you just need to learn the pattern.
That is why we’ve built Arkis, a multichain DeFi leverage protocol that aims to become prime brokerage middleware to DeFi.
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!
About Arkis
Arkis — DeFi Prime Broker offers multichain, undercollateralized leverage powered by portfolio margin. Author Oleksandr Proskurin is the Co-founder and Chief Product Officer.
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