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Charlie, Founder of @felixprotocol, is discussing BLP, which the Hyperliquid team is testing. In an interview (see video), he speculated on the following: 1. It's highly likely a multi-margin system will be built on the core. 2. However, accepting currencies other than Hyperliquid, such as BTC/ETH, may pose risks associated with third-party contracts. Tips: Because spot transactions on HL are primarily bridged from units. Furthermore, we can see more speculation in his tweet: @0xBroze x.com/0xBroze/status/199023623...… Three potential design patterns for BLP: <1> Pure lending protocol A native lending market built by HL Labs on HyperCore, similar to competitors like Morpho or Aave. <2> Similar to ByBit's unified account design The protocol accepts various collateral, converted into USD-equivalent margin, which can be directly used to open perpetual contract positions. <3> Integration with the HyperEVM protocol Deeply integrated with mature lending protocols on HyperEVM, allowing users to select different providers (such as Felix HyperLend...) from a dropdown menu on the multi-margin interface. I personally prefer the third option, establishing a connection between Core and EVM. What do you all think?

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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