Waterfall DeFi is one of the first risk diversification DeFi protocols that enable the users to carefully optimize their yield farming strategy by financing in different “tranches.” The protocol was launched on the Binance Smart Chain (BSC) network but later become a cross-chain platform compatible across the various blockchain. In addition, the platform enables both risk-averse and high-risk-tolerance users to generate expected risks from the same set of DeFi assets.

According to its whitepaper, most DeFi applications require capital to achieve functionality like swapping, allowing users to borrow against cryptocurrency, etc., through a liquidity pool. Besides, liquidity providers on DeFi platforms are exposed to various risks driven by market volatility and economic attacks. Thus, the Waterfall DeFi platform aims to narrow the set of possible tragic scenarios by providing users a dynamic exposure with a customized risk and returns profile. The platform seeks to use the Waterfall DeFi tranches mechanism for optimizing yield farming. Yield farming is a financing strategy that involves lending or staking cryptocurrency is decentralized finance (DeFi). Meanwhile, the Waterfall DeFi tranches are structural financial products that include yield-generating DeFi assets and slice them into different buckets known as “tranches.”

WTF is the native governance token used for the Waterfall DeFi platform. The token plays a vital role in facilitating governance through DAO, rewarding users, aligning incentives, and capturing fee revenues for users by the platform. In addition, WTF token users can use the token for staking, attaining voting rights, and sharing the platform fees.

In the future, the WTF platform aims to include more diversified assets to ensure an abundance of options available for its community. The platform also strives to launch the “choose your risk appetite” feature where users can easily select different portfolios and access key information.

The WTF protocol aims to attain a maximum supply of one billion WTF. The roadmap of the WTF platform suggests that the protocol seeks to be launched in three versions:

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The current market cap of Waterfall DeFi is $34.666K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Waterfall DeFi is $0.000555. This all-time high is highest price paid for Waterfall DeFi since it was launched.

Over the last 24 hours, the trading volume of Waterfall DeFi is $54.957K.

Assets that have a similar market cap to Waterfall DeFi include Single Collateral Dai, UNICORN Token, Parachute, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Waterfall DeFi is 63 million.