Why Genius Yield? While DeFi provides many investment opportunities, managing capital is both complex and time-consuming. Genius Yield is your all-in-one solution to benefit from advanced algorithmic trading strategies and yield optimization opportunities. Our Smart Liquidity Management protocol is intuitive, hassle-free, and secure. Genius Yield minimizes risk and maximizes profits.Democratize DeFi for everyone Genius Yield was designed to address the complexity of navigating yield opportunities in DeFi. Our mission is to democratize DeFi for everyone by providing best-in-class automated liquidity management, powered by AI.&nbsp;Problem &amp; Challenge The current DeFi world is too complex; Genius aims to simplify it for the masses. With Genius, anyone can reap the benefits of the DeFi world. - Deposit your tokens in our Smart Liquidity Vaults - Select and customize your liquidity management strategy - Watch your assets grow and take profits&nbsp;Solutions Concentrated Liquidity DEX combined with Smart Liquidity Management.&nbsp;<ul><li>High Returns: Access to best yield optimization opportunities&nbsp;</li><li>Capital Efficient: Get more out of your liquidity&nbsp;</li><li>AI-powered: Automated algorithmic trading strategies&nbsp;</li><li>All-in-one Solution: First DeFi platform in the industry to combine a concentrated DEX with a liquidity management system</li></ul>

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Genius Yield

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Laurent Bellandi

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Dr. Lars Brunjes

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Dr. Sothy Kol-Men

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Marvin Bertin

Action and adaptability create opportunities. With that credo in mind, the Genius X team has deeply reworked and redesigned various aspects of the documentation to enable the best success of the project and its investors.Find the changes in our <a href="https://genius-x.gitbook.io/genius-x-whitepaper-v.-0.1/introduction/about-genius-x">updated documentation.</a>Genius X NFT bonus programInitially, the Genius X team designed a complex and interesting NFT bonus program. To unlock the weighting factor boosters in the redistribution pools, users needed a Genius X NFT. To earn a Genius X NFT, users would stake a predetermined amount of $GENSX for a certain amount of time and would receive these NFT boosters. While this feature was interesting and incentivized $GENSX holders to remain staked for long periods of time, it was highly subject to gamification. That’s why we implemented a strict rule: NFTs utilities would be tied to the wallet that earned it.We received a copious amount of feedback from the community and it was clearly not a welcomed feature. Users want to be able to trade the NFTs and their utility as they deem fit.We’ve listened to our community and now Genius X NFTs utilities are tradable!To avoid gamification of the NFT bonus program we’ve decided to change our approach. To unlock weighting factor boosters in the $GENSX staking program one must now use locked staking periods.The details: - 6 months locked staking: offering a 3% weighting booster- 9 months locked staking: offering a 6% weighting booster- 12 months locked staking: offering a 10% weighting booster + the ability to stake your vested rewards from ISPO using any Genius X NFT rewarded during the ISPO.This means there won’t be any new Genius X NFTs minted besides the ones that were rewarded during the Genius X ISPO. We remind our Genius X Community that minting for the Genius X ISPO NFTs is ending on April 19th, 2023 as the Policy will close on that date. This will significantly increase scarcity of the collections and create demand and value for the secondary market as the Genius X community requested.Titan, Comet and Vesta NFTs will have the same utilities: respectively +10%, +6% and +3% weighting factor booster.Genius X NFT holders and early supporters now have a new opportunity to unlock more weighting factor boosters by combining locked staking and a Genius X NFT!For example: A Titan NFT holder staking $GENSX and the NFT in a 12 months locked vault will be able to unlock +20% weighting factor on the redistribution pools from the accelerator program!!Staking program updateWhile we had designed an elegant and complex tiered staking program, we felt it was unnecessarily complicated. Genius X shares Genius Yield’s vision of unlocking financial opportunities for all and the way the tiered staking program was designed necessitated a high level of involvement and oversight. One needed to carefully check what tokens were available for redistribution and take action at the right time to not lose on any opportunity.Many of our community members are not monitoring our social media closely and we think they shouldn’t be excluded from any of the opportunities Genius X has to offer. For example, you could be away from the crypto space for a few weeks because of holidays and could have missed several epochs of redistribution from a token you really wanted to earn.That’s why we have decided to update the staking program. There won’t be anymore tiers, what counts now is your $GENSX staking positions only. From now, every $GENSX staker will automatically be eligible for ALL the tokens available for redistribution. The more $GENSX you stake (+ eventual weighting booster factor from locked staking periods and/or Genius X NFTs booster) the more you’ll receive rewards from all the tokens available.This way, one can simply stake $GENSX tokens and forget about it: rewards will automatically accrue overtime, anytime there is a token available for redistribution without any other action from the user. No more missed opportunities!Launchpad and public sale participationInitially, the tiered staking program was designed to grant whitelisting access and more maximum allocation in the launchpad during public sales. We designed that feature while the launchpad was in the Research &amp; Development phase and we implemented the oversubscription feature afterwards.Thanks to the oversubscription feature, we feel that whitelisting is not required anymore as anyone will get the opportunity to participate and receive a share of tokens from any public sale no matter what the participation is. To learn more about it please check this <a href="https://genius-x.gitbook.io/genius-x-whitepaper-v.-0.1/launchpad/launchpad-features#oversubscription">link</a> to our documentation.Thanks to the same oversubscription model, we can implement a high maximum allocation for everyone without being at risk to be in a First Come First Serve model. This way, anyone can participate in the launchpad depending on their investment strategy.We also think that whitelisting is unnecessary as the core value of the $GENSX token is the redistribution of the fees from the launchpad and the redistribution of tokens from the accelerator. With a more inclusive launchpad, there is a higher chance of successful public sales in the future, meaning more redistribution for the $GENSX stakers.Adaptability creates opportunity.TGE UpdateWhile we had initially planned a $GENSX Token Generation Event in April 2023 with the first airdrop of the Genius X ISPO, we have taken the hard decision to delay both events for early Q3 2023. We will announce exact dates in due time.$GENSX token core value is the redistribution of fees from the launchpad and tokens from the accelerator program. By April 2023, the Genius X startups ecosystem will not be mature enough to allow us to redistribute any tokens from the accelerator or redistribution of launchpad fees.We think it is worth waiting to release the $GENSX token when it already has a good utility because it will have more inner value. That’s why we have decided to wait until several Genius X onboarded startups have had their Token Generation Event before distributing the $GENSX token. This will directly give the $GENSX token an extra value as stakers will be able to directly accrue different token rewards.We are aware that there are a lot of changes, and these decisions were not taken lightly. We believe they are in everyone’s best interest and they will help both Genius X and our investors to succeed in the long term.We want to deeply thank you all for your continuous support and we are looking forward to continuing this journey with you, accelerating ambitious and promising blockchain startups while providing the best opportunities for our investors and token holders.About Genius XGenius X is a business accelerator and launchpad for fully-vetted, early-stage blockchain startups. Our mission is to create a more decentralized and inclusive future built by the brightest minds utilizing blockchain technology. The Genius X program helps ambitious founders turn their visions from startups into impactful and scalable solutions that add value by leveraging blockchain technology. We accelerate the most promising startups by providing advisory support in areas such as marketing, business strategy, token design, and fundraising, giving them the edge to become successful.The <a href="https://medium.com/@GeniusXOfficial/all-you-need-to-know-about-the-genius-x-launchpad-5aaff4fcc854">Genius X Launchpad</a> is the most advanced smart contract-based Launchpad on Cardano and provides a seamless way for investors to safely participate in early-stage project funding, and achieve maximum potential return for their involvement. The Genius X Launchpad’s operations for token sales are handled by a smart contract, allowing for oversubscription on sales with any unused ADA being automatically refunded to each user’s wallet.Venture Capital / Accredited Investors — Contact us <a href="https://y0vs1o4twew.typeform.com/to/VTzh7IET">here</a>.Startups wishing to apply for Genius X Accelerator program membership can fill out the form <a href="https://y0vs1o4twew.typeform.com/to/pFrsjsZo">here</a>.

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Genius X

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Genius X Update

We sincerely thank our amazing Community for their long-term support of Genius Yield, Genius X, and the projects in the Genius X accelerator program. Your support makes the development of these projects possible and helps expand the offering of the whole ecosystem. We are Cardano.It’s time to move on to the next step: Due to the evolving nature of the regulatory landscape, we will not be hosting a second Multi-token ISPO. This aligns with our commitment to approaching regulatory compliance proactively to maintain the long-term health of our project.Hence, we will be shutting down GENS2, GENS3, and GENSX in epoch 403. If you are currently delegating to GENS2, GENS3, or GENSX, please redelegate to another stake pool as soon as possible.The last snapshot in these pools will be on epoch 403 (on March 31st). Please move your delegation before this date. Delegators will not earn rewards after epoch 403. If want to know how Cardano proof-of-stake protocol works, it’s <a href="https://academy.geniusyield.co/articles/cardano-stake-pools-explained">explained in this article of Genius Academy</a>However, we want to do our part by securing the network and contributing to decentralization by keeping GENS1 stakepool active. If you would like to show your continued support, please consider delegating to GENS1. Delegators will earn ADA with 0% margin fees.What’s Next?We encourage our delegators to support single stake pool operators to aim for a healthy decentralization of the Cardano Blockchain and kindly invite our community to redelegate as soon as possible in GENS1 or one of our Ambassadors’ pools, all of them single stake pools. If you would rather research the current ISPO options, check out Maestro’s ISPO marketplace found <a href="https://www.gomaestro.org/marketplace">here</a>.Pete- Learn Cardano Podcast is running ADAOZ: aims to provide optimal uptime and rewards while supporting the Cardano ecosystem as a single SPO and providing educational content, resources, and tools to help grow Cardano. Delegating will help the Learn Cardano Podcast and CardanoPress.<a href="https://adapools.org/pool/pool1vev8z03vh7jwx3mfrgzrt9fltt97nupaxv8ffj4r5r8mgwts5ze">Pool ID: 6658713e2cbfa4e347691a0435953f5acbe9f03d330e94caa3a0cfb4</a>George is running APEX: run by an IT Specialist with 25 years of IT experience, who is also developing Cardano, supporting the Cardano community and the decentralization of Cardano.<a href="https://adapools.org/pool/pool12wpfng6cu7dz38yduaul3ngfm44xhv5xmech68m5fwe4wu77udd">Pool ID: 538299a358e79a289c8de779f8cd09dd6a6bb286de717d1f744bb357</a>Farid is running DAPP: The Dapp Central Stake Pool is dedicated to educating and onboarding new members into the blockchain space by providing the latest news, tutorials, and reviews on all things Cardano.<a href="https://adapools.org/pool/pool1qakys0fxx5p2fxcnsc2tyjpqa88q7qgtdh5t3a32hplv6fg25r9">Pool ID: 076c483d263502a49b138614b24820e9ce0f010b6de8b8f62ab87ecd</a>Angelos is running SAPIO to Educate non-technical people about blockchain and Cardano in the Greek Community. Part of the mission-driven pools, 25% of their profits are for charity.<a href="https://adapools.org/pool/pool1c0xj2fa97zuz4phld87atg6yphz3hju409fm5xgnwuuvqww25qj">Pool ID: c3cd2527a5f0b82a86ff69fdd5a3440dc51bcb957953ba19137738c0</a>Brian is running HERO: working to change the world.<a href="https://adapools.org/pool/pool1ykwcqf7r8mj9fmprr9f3y62ftsrlalxm22j383gfpav76ddrc25">Pool ID: 259d8027c33ee454ec2319531269495c07fefcdb52a513c5090f59ed</a>Alonzo is running EPOCH: Is a high-pledge Cardano Stake Pool maintained by a duo of computer scientists who want to provide high-quality blockchain education and infrastructure for long-term HODLers<a href="https://adapools.org/pool/pool1q0jmr57udknpq8k5qtgt5vgdjq9pzrzevf68966wxn8zgz7qy3w">Pool ID: 03e5b1d3dc6da6101ed402d0ba310d900a110c59627472eb4e34ce24</a>La Petite ADA is running GRANA: Strive to sustainably decentralize the Cardano ecosystem with bare metal nodes running on renewables, and donating 25% of the rewards to tree-planting projects to make Cardano carbon neutral.<a href="https://adapools.org/pool/pool10fxpa6wkv0wc6wcmahcnz4wvvfx9m7547sevxrge3nfuv7yh8m0">Pool ID: 7a4c1ee9d663dd8d3b1bedf13155cc624c5dfa95f432c30d198cd3c6</a>Thank you again Genius Family. We look forward to continuing this journey with you. Stay tuned for exciting updates that are coming soon.About Genius YieldGenius Yield is an all-in-one protocol on Cardano that allows everyone to benefit from DeFi. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.

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Stake Pools GENS2, GENS3, and GENSX Retiring in Epoch 403

<h1 style="margin-left:0px;">The future is interoperable</h1>Bitcoin successfully achieved interoperability through blockchain technology. Bitcoin was able to create a mechanism for anyone around the world to transfer value in a secure, permissionless way without the need for a centralized intermediary. Next, many blockchains, such as Cardano, are working to take things a step further. What if you could lend out your NFTs for short-term funding on <a href="https://fluidtokens.com/">Fluid Tokens</a>? What if you could trade Web3 tokens on a decentralized exchange like the <a href="https://www.geniusyield.co/">Genius Yield DEX</a>?Cardano envisions a future world where the global financial system, Web3 businesses, decentralized identities, and much more can all run securely on its blockchain. Genius X also believes in this vision, which lead to the creation of our Accelerator Program. The Genius X Accelerator Program provides customized advisory and tools to help Web3 startups achieve success. So far around 20 projects have joined our program as Genius X continues its mission to accelerate projects that bring real utility for users.<h1 style="margin-left:0px;">Genius X’s future will be interoperable</h1>Genius X has two core products: the Genius X Accelerator and the Genius X Launchpad. The Genius X Accelerator empowers early-stage Web3 startups to build impactful products by providing expert consulting on areas such as product development, marketing, and token design. The Genius X Launchpad is Cardano’s first token sale launchpad to have its operations completely run by smart contracts. The launchpad is unique in that it is completely non-custodial, and any oversubscribed funds on public token sales are automatically refunded to buyers.The Genius X Launchpad has been built to capitalize on the features of Cardano’s EUTxO architecture and will remain a token launchpad for the 1,200+ projects building on Cardano. However, the Genius X Accelerator will become blockchain agnostic. The Cardano community represents one of the fastest growing, most vibrant communities. The Genius X Accelerator will continue to build on its success with the Cardano community. However, the future of crypto won’t be limited by blockchains and we believe our services will benefit a broader community by the Genius X Accelerator Program expanding to include projects being built on other blockchains.In the crypto ecosystem, great projects are not limited to one blockchain. There are incredible projects building on Layer One blockchains as well as on Layer Two scaling solutions. Most blockchains are moving towards interoperability, where tokens can be bridged to different blockchains and applications built on one blockchain can run as sidechains on a different blockchain. For accelerator programs, expanding to other blockchains is a natural part of growth as many other similar companies are multi-chain.In addition, the Cardano ecosystem is also moving towards interoperability rapidly as an <a href="https://iohk.io/en/blog/posts/2022/07/06/introducing-the-cardano-evm-sidechain/">Ethereum Virtual Machine (EVM) sidechain</a> proof of concept public testnet was recently released. This EVM sidechain has the goal of bringing EVM-based projects to Cardano, allowing token transfers and Ethereum-based dApps to run on the Cardano blockchain.<h1 style="margin-left:0px;">What does this mean for $GENSX holders?</h1>Nothing has changed! In fact, $GENSX holders who stake their token will now have access to more Web3 assets. Genius X will be evaluating technology such as bridges or other ways to deliver on the core utilities of the $GENSX staking program. We believe Genius X’s blockchain agnostic approach will benefit $GENSX holders and Cardano by bringing liquidity and even more projects to the Cardano ecosystem. We look forward to continuing this journey with you.<h1 style="margin-left:0px;">About Genius X</h1>Genius X is a business accelerator and launchpad for fully-vetted, early-stage blockchain startups. Our mission is to create a more decentralized and inclusive future built by the brightest minds utilizing blockchain technology. The Genius X program helps ambitious founders turn their visions from startups into impactful and scalable solutions that add value by leveraging blockchain technology. We accelerate the most promising startups by providing advisory support in areas such as marketing, business strategy, token design, and fundraising, giving them the edge to become successful.The <a href="https://medium.com/@GeniusXOfficial/all-you-need-to-know-about-the-genius-x-launchpad-5aaff4fcc854">Genius X Launchpad</a> is the most advanced smart contract-based Launchpad on Cardano and provides a seamless way for investors to safely participate in early-stage project funding, and achieve maximum potential return for their involvement. The Genius X Launchpad’s operations for token sales are handled by a smart contract, allowing for oversubscription on sales with any unused ADA being automatically refunded to each user’s wallet.

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Genius X Becoming Blockchain Agnostic

<div>Cardano based over-collateralized algorithmic stablecoin, “Djed” managed to amass a whopping $10 million in total value of assets locked (TVL) in just 24 hours, since launch. Meanwhile, <a href="https://crypto-economy.com/knowing-cardano-protocol/" target="_blank">Cardano (ADA)</a> price jumped 3% as decentralized finance (DeFi) activity on Cardano recorded a sharp uptick. 
Following a barbaric previous year, Cardano (ADA) has witnessed a sudden upsurge sice the onset of the New Year. On January 10 on-chain analytics platform Santiment reported a surge in ADA trading volumes as well as an increase in new address holders on the Cardano network. Furthermore, Cardano decentralized applications saw a substantial rise in the number of unique accounts indicating an increase both in Cardano adoption and DeFi activity on the Proof-of-Stake (PoS) blockchain.
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📈 <a target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> has now jumped an impressive +30% since December 30th. Since the start of the rally, 28 new addresses have popped up on the network that hold 1M or more <a target="_blank" href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a>. Trading volume has hit a 2-month high, including increasing large whale transactions. <a target="_blank" href="https://t.co/6Zli0Q9IcI">https://t.co/6Zli0Q9IcI</a> <a target="_blank" href="https://t.co/GgEVOzXOF8">pic.twitter.com/GgEVOzXOF8</a>
— Santiment (@santimentfeed) <a target="_blank" href="https://twitter.com/santimentfeed/status/1612559541220315143?ref_src=twsrc%5Etfw">January 9, 2023</a></blockquote>
A number of market experts also believe the underlying fundamentals of the network along with a considerable increase in the stablecoins, NFTs, and DeFi activities will boost the overall Cardano ecosystem. On January31, Cardano’s new <a href="https://crypto-economy.com/algorithmic-stablecoins" target="_blank">algorithmic stablecoin</a> Djed, was deployed on the Mainnet. Djed is is pegged to the United States dollar and backed by ADA. It also uses the Shen (SHEN) token as its reserve coin.
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Djed is LIVE!!!<a target="_blank" href="https://t.co/a9CWJtT4z4">https://t.co/a9CWJtT4z4</a>
Visit <a target="_blank" href="https://t.co/p7eV0jd400">https://t.co/p7eV0jd400</a><a target="_blank" href="https://twitter.com/search?q=%24DJED&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DJED</a> <a target="_blank" href="https://twitter.com/search?q=%24SHEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHEN</a> <a target="_blank" href="https://twitter.com/search?q=%24COTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$COTI</a> <a target="_blank" href="https://twitter.com/InputOutputHK?ref_src=twsrc%5Etfw">@InputOutputHK</a> <a target="_blank" href="https://twitter.com/Cardano?ref_src=twsrc%5Etfw">@Cardano</a><a target="_blank" href="https://twitter.com/Cardano_CF?ref_src=twsrc%5Etfw">@Cardano_CF</a> <a target="_blank" href="https://t.co/9W7au8imrr">pic.twitter.com/9W7au8imrr</a>
— COTI (@COTInetwork) <a target="_blank" href="https://twitter.com/COTInetwork/status/1620392034124328960?ref_src=twsrc%5Etfw">January 31, 2023</a></blockquote>
<h2>Djed Picks Up Steam</h2>
According to <a href="https://defillama.com/chain/Cardano" target="_blank">DeFillama</a>, Djed has atrracted a lot of attention since its launch accumulating more than $10 million in TVL. Several decentralized exchanges (DEX) on Cardano including Wingriders, MuesliSwap, and Minswap, among others have already listed the stablecoin. In addition, many Cardano projects such as “Fluid” have integrated stablecoin as a liquidity option against loans. Interestingly, Fluid would allow its users to borrow Djed using their non-fungible tokens (NFT) as collateral.
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Now tracking <a target="_blank" href="https://twitter.com/DjedStablecoin?ref_src=twsrc%5Etfw">@DjedStablecoin</a> on <a target="_blank" href="https://twitter.com/Cardano?ref_src=twsrc%5Etfw">@Cardano</a> 
Cardano's native overcollateralized stablecoin, developed by IOG and powered by COTI. <a target="_blank" href="https://twitter.com/search?q=%24DJED&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DJED</a> is backed by <a target="_blank" href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a> and uses <a target="_blank" href="https://twitter.com/search?q=%24SHEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHEN</a> as a reserve coin <a target="_blank" href="https://t.co/oldHL31wJc">pic.twitter.com/oldHL31wJc</a>
— DefiLlama.com (@DefiLlama) <a target="_blank" href="https://twitter.com/DefiLlama/status/1620669600378638342?ref_src=twsrc%5Etfw">February 1, 2023</a></blockquote>
The Djed stablecoin has been jointly developed by Cardano (ADA) maker Input Output Global (IOG) and Coti, a layer 1 blockchain. As per experts, the new stablecoin will simplify transactions for users to swap native Cardano (ADA) tokens on DEXs with minimal fees. It has a circulating supply of 1.7 million, while its reserve token, SHEN’s supply, is at 20.8 million.
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<img src="https://crypto-economy.com//wp-content/uploads/2023/02/12.jpg" alt="Cardano's new stablecoin &quot;Djed&quot; reaches $10M TVL in just 24 hours" srcset="https://crypto-economy.com//wp-content/uploads/2023/02/12.jpg 931w, https://crypto-economy.com//wp-content/uploads/2023/02/12-300x113.jpg 300w, https://crypto-economy.com//wp-content/uploads/2023/02/12-768x290.jpg 768w" />
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Previously, IO Global chief executive, Charles Hoskinson, had shared the Djed stablecoin could be a “game-changer” in the crypto space, and will cater the needs of an entirely new audience. In a statement, Shahaf Bar-Geffen, CEO at COTI said,
“Recent market events have proven again that we need a safe haven from volatility, and Djed will serve as this safe haven in the Cardano network.”
<h2>ADA Rises</h2>
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<img src="https://crypto-economy.com//wp-content/uploads/2023/02/11.jpg" alt="Cardano's new stablecoin &quot;Djed&quot; reaches $10M TVL in just 24 hours" srcset="https://crypto-economy.com//wp-content/uploads/2023/02/11.jpg 804w, https://crypto-economy.com//wp-content/uploads/2023/02/11-300x169.jpg 300w, https://crypto-economy.com//wp-content/uploads/2023/02/11-768x433.jpg 768w" />
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Following the development, Cardano (ADA) prices also jumped nearly 3% in the past day. According to CoinMarketCap, ADA is up 2.41%  in the last 24 hours to trade at $0.38. The altcoin gained more than 7% over the past seven days as the crypto market reclaimed the bullish trend once again.
As per data from DeFillama, Cardano’s DeFi activity has also benefited from Djed’s launch. The total value of assets locked within the ecosystem rose by 22% to $91.4 million in the last 24 hours. Recently, Cardano Daily had published a report stating DApps like Genius Yield have seen a massive 2810% growth in unique accounts in just over 5 days.
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Crypto economy (EN)

Cardano (ADA) new stablecoin "Djed" reaches $10M TVL in just 24 hours - Crypto Economy

Genius Yield ($GENS)

Genius Yield is the all-in-one DeFi platform, that combines a concentrated liquidity DEX (“Genius DEX”) with an automated yield optimizer (“Smart Liquidity Vault”).

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