DeFi digital finance stack - Discussion

In DeFi 201 we are talking about Flash Loans

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Hi Amadeobrands

That was a great episode…I will definitely be doing the 201 course later this week.
I have a ton of ideas for smart contracts…

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Thank you very much Amadeo. Will do!

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Hi @amadeobrands top top quality this stuff. I am going to finish the course and start locking up all my savings on one of the DE Exchanges.

When you say building blocks what do you mean exactly? Do you refer to things that people have created designed that add to the defi eco system?

On DE Exchanges can you trade normally like you do on Binance etc?

I do welcome anyone to answer me on this post

Thanks everyone

Rob.

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me too, i am just trying to put the broken pieces together.

Hope you flourish with you’re ideas pal :blush:

Rob

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Hi @amadeobrands do you know much about Block Fi, i was told to take a look at it… Im thinking of signing up.

Rob.

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I am a newbie in DeFi space really learned a lot quickly . Will keep on learning. As explore the space I will come back and post my finds. Really find a lot of interesting info in this thread.

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Hi everyone, this looks interesting. It offers 0% slippage on stable coins.

https://app.mstable.org/save

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Incredible how much the rates have dropped in just a few months.
I assume this is because the ratio of lenders is much higher than that of borrowers, is that right?

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Yea I explain this more in-depth in DeFi 201.
We need real world assets else we are just creating a DeFi bubble

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Hi Amadeo, I have a question about these DEx’s (Kyber, Loopring etc.)

It seems to me that these Dex’s are essentially protocols that operate on top of the ethereum blockchain and are “better” than Binance/Coin base because they don’t crash and don’t sell your data to 3rd parties - is this a correct assumption to make?

Also, if this is the case, then over the long term wouldn’t all Binance users migrate to Dex’s if the user interface and the transaction speeds of the trades are similar (doesn’t seem to have much downside for these users and they may want a “trustless” platform)?

Thanks for the great content!

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Correct that is also exactly why Binance made a DEX :wink:

But that DEX is not as mature as the once on ETH today it seems to be down now lol


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Haha its down? I would have thought Binance would be at the forefront of defi given the potential long term risk it poses to their ecosystem (I mean I realize this is likely 5 - 10 years in the future but still).

I’m also curious as to your opinion on the “winner takes all” effect given you mentioned that you believe many of these Dex’s working together with eachother. From what I can tell, they’re all pretty similar - do you think we could we see one of the Dex’s (i.e. LoopRing/Kyber) take 80-90% of the market over the next 2-3 years?

I liked your comment on the user experience as well - this is so key to increase user adoption and Kyber’s rapid rise over 1inch is a clear example that there’s actually one thing that consumers care about more than price, and that is convenience (its also one of the main reasons why I’m hodling crypto.com :p).

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I think it will get more and more …
I would like to challenge to build your own DEX :wink:

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This is sooo cool - only problem is I have 0 programming knowledge (yet!). I think once I get through the academy I’ll give this a shot.

I liked the video and the host as well - “happy bowtie” Friday haha

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Great course so far. I love the potential of DeFi and Smart Contracting to disrupt the current system, create personal and user wealth, and open up access to a much larger part of the human race. I am not sure I found any new DeFi blocks. Thinking functionally things like utility payment service systems (e.g. electric, water, wastewater, etc.), estate planning (e.g. trusts, administration, etc.), and real estate/title (buying, selling, insuring, title, etc.) areas have huge potential to benefit from create DeFi options. That is part of where I want to focus once I actually am able to program. Exciting.

A few of the articles, a report, and one of the companies I ran across in research: One Two Report Consensys

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Hoi Amadeo,.

Idea…
A smartcontract can create a pool of customers with the needed amount for a node (for Ren its 100.000) than this platform/smart contract/AI can automatically create a REN dark node on a server who then is governed by the customers. Is this fantasy or can it really bedone? The rewards can than be put on DeFi protocol and shared in equal share sizes to the pool customers.

Groet, Yavuz

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Hi, Amadeo

What are some other decentralized stablecoins that are out there, besides DAI, USDT, and USDC? I’m sure there are many more!

Thanks!

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I just discovered a few other stablecoins on the link you included in the description for the Decentralized Stablecoins video. One of them I found was pTokens. They are the ERC-20 token version of most non-Ethereum blockchain currencies. They were made specifically for DeFi.

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Hola Lucas! que bueno encontrar otro argentino. Vivo en Paris y comparto 100% tus razones para sumarse a entender y construir algo en DeFi. Estas trabajando en algo concreto?

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