Despite being a Proof of Work (PoW) blockchain, Ergo offers several avenues for holders to earn yield on their ERG assets without traditional staking. From participating in liquidity pools to exploring dApp tokenization, trading bots, lending platforms, and more, Ergo provides a diverse ecosystem for yield generation.
Please note that the information in these tables may change as projects and platforms evolve. Always do your own research and stay updated on the latest developments before making any investment decisions.
Financial Instruments in the Ergo ecosystem encompass a variety of platforms and projects that offer services such as lending pools, bonds, options trading, and P2P lending.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| Lending Pools | Duckpools | Live | Lending pools and collateralized loans | Video Guides |
| Bonds | SigmaFi | Live | P2P-focused financial services platform | Video Guide |
| Options | SigmaO | Public Beta | Options trading on Ergo | Demo |
| P2P Lending | EXLE | Public Beta | P2P lending platform |
DegFi, short for “Degenerate Finance,” is a subcategory within the broader DeFi (Decentralized Finance) ecosystem that focuses on high-risk, high-reward financial strategies and instruments. Often operating on the fringes of traditional finance, DegFi amplifies the potential gains and losses through complex mechanisms and game-theoretic interactions. As a reaction against the cautious, regulated approach of conventional finance, DegFi represents an experiment in extreme financial engineering, carried out entirely on decentralized platforms.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| Short/Long* | SigmaUSD | Live | Secure stability or bet on utilisation. | Buying Guide |
| Degen | Hodlcoin | Live | A game where the longer you hodl your ERGs, in comparison with other hodlers, the more you earn. | Concept Video |
| Degen | Hodlbox | Live | Lock your ERG until $20 | docs, interview |
| Degen | Auction Coin | Live | Tokens are periodically emitted through auctions | Telegram |
| Gambling | Grand Gambit | Live | (Centralised) Gambling Platform | Telegram |
| Degen | Options Coin | R&D |
Yield platforms in the Ergo ecosystem offer users the opportunity to earn returns on their ERG holdings through various strategies such as Automated Market Making (AMM), Liquidity Provision (LP), and Farming. These platforms provide a decentralized way for users to maximize their yield in a secure and transparent manner.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| AMM, LP | Spectrum | Live | Decentralized exchange and LP | Video Guide |
| Farming | Spectrum Finance | Live | Farm tokens on your LPs | Video Guide |
| LP | SigmaUSD on Spectrum | Live | Unique LP opportunities with SigmaUSD |
Staking platforms in the Ergo ecosystem allow users to stake their ERG and other tokens to earn rewards. These platforms provide a secure and decentralized way for users to participate in the network’s consensus mechanism and earn passive income.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| Staking | ErgoPad | Live | Staking platform for ERG and other tokens | YouTube |
| Staking | Auction House | Live | Claim a share of the site’s profits by staking AHT |
Grid Trading platforms in the Ergo ecosystem offer users the opportunity to engage in decentralized grid trading. These platforms provide a way for users to automate their trading strategies and maximize their potential returns.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| Grid Trading | Off-the-grid | Available | Decentralized grid trading bots | |
| Grid Trading | Machina Finance | In Development | grid trading DEX |
Off-Chain platforms in the Ergo ecosystem offer users the opportunity to earn fees for matching orders, providing price fees with an oracle, or becoming a watcher. These platforms provide a way for users to participate in the network’s operations and earn rewards.
| Type | Platform / Project | Status | Description | Resources |
|---|---|---|---|---|
| Off-Chain Bots | Spectrum Finance | Live | Earn fees for matching orders | Video Guide |
| Off-Chain Bots | Duckpools | Live | Earn fees for matching orders | |
| Oracles | GORT | Live | Run an Gold Oracle and recieve GORT! | |
| Off-Chain Bots | Rosen Watcher | Live | Become a watcher! |
| Type | Platform / Project | Status | Description |
|---|---|---|---|
| Staking | NightOwl | Planned | Staking platform for ERG and other assets |
| Index | Ergo Index | Inactive | Early ERGOHACK project, code may be useful |