Amadeo,
Thank you!
Dollar Vigilante Fan 
Amadeo … im still reading and learning. I want to learn all about making some income through staking. Is there more I can do? In fiat I already do what I can and I want to get a part of the portfiolio into defi
Also, this willl make the next tax declaration extremely difficult. (if KYC has to be done) Other non KYC solutions for staking ?
great question, I had exactly the same. what are we insuring?
Tanja,
You can stake at the Decentralized Exchanges like
You can stake AMPL at 200-300% APY or 3X in 60 days.
Also, here’s the list Amadeo put together:
Correct me if I am wrong: the future of DeFi - like most of the crypto sector - is subject to mass adoption and ample liquidity. In CeFi the liquidity in part is provided by fractional reserve banking with little or no direct participation from venture capital or retail investors. Potentially DeFi may offer great opportunities to all sorts of businesses to borrow from venture capitalists, retail and institutional investors via smart contracts and liquidity pools incentivizing staking. The democratic nature of decentralized finance can be one of the main advantages of DeFi eliminating gatekeepers and facilitating proportional staking for investors/stakeholders of various magnitudes for all sorts of projects which require public or private funding. I think, this is quite an advanced concept that may boost economy and stimulate innovation which ultimately transforms many aspects of life, if not everything. Things like financial derivatives may evolve as well because of the way DeFi works. So many opportunities can be available for development. But then again, this is all pending mass adoption and new regulations.
There is no free lunch.
Best try to understand why investing in DeFi is better for the world then CeFi then place your bets where you do most good.
I would like to look a bit deeper into the Kyber Network in greater detail as I foresee decentralized exchanges will become the future.
I have just discovered swapr ate and the entire concept of trust less insurance reassuring due to the billions of crypto now in the sphere.
Getting a DeFi strategy in place won’t be easy. But thanks for all this valuable information. I’m trying to piece a strategy together that is 80% stable coin lending/staking, 10% synthetics, 10% trading…
insurance is a smart platform it would encourage people to take part by ensuring that the loses are minimal and safe at the same time it would strengthen crypto insurance industry though not an exciting industry a backbone in generating capital
Very interesting ecosystem, I’m not going to lie, I got confused on all new terminology and new ideas, need to spend more time and read more material but overall good class, lots to learn but looking forward to be prepared for the future! and make lots of green.
could cosmos be the next blockchain? very interesting subject …blockfi i am using so far great returns ,also staking ampl/eth on uiniswap so far so good …
I think many of us have similar thoughts and concerns regarding USD’s future value, especially when it will be time to take-profits in the future. Tether has the “gold-backed” stable coin (XAUT) on Bitfinex & FTX, which is supposedly a stablecoin offered by TG Commodities Limited, with one XAU₮ token representing one troy fine ounce of gold on a London Good Delivery gold bar (according to the article I read on Cointelegraph).
Unfortunately, with the New York State Attorney General’s office investigating the company for potential securities and commodities fraud, I have concerns considering Tether (USD backed or Gold backed) as an option in the future; depends on the outcome of the investigation.
These are interesting and uncertain times, but the markets always find a “solution” eventually.
Once again good work Armandeo! I have been getting so much value out of all your delivery…thanks! 
As for the digital financial stack, I think the most important component is risk aversion. As important as security is, if the parameters are set to high the system becomes too slow. Users today are expecting speed, efficiency and instance. So having said this, DeFi being in its infancy stage will have some (security) issues as noted in previous course content. The need for hedging and insuring will be important in order to mitigate most or any loss on assets deployed for profit seeking. (ROI)
I see Bitcoin developers are now working on positioning BTC for DeFi. It will be interesting to see Bitcoin’s entry and growth in this space, with the intent of engaging this race for DeFi recognition and service provision. Value increases with utility usage. This space is so interesting! Some much infrastructure being built…
GO GO DEVELOPERS!!! GO GO BLOCK-CHAIN!!! GO GO DISRUPTION!!!
Isn’t it funny?..consider this…
Media, Governments & Banks
They laughed at us! They mocked us! They discredited us by running spin doctrine campaigns against us! They proclaimed us in a bubble and then dead on many occasions! To them we were nothing more than terrorist, money launders, criminals and thieves… 11yrs on and still going strong and the massive DeFi innovation to date has now got there full attention! We’re just getting started
OOoooorrrrrraaaahhhh!!!
Also ironic that BTC developers rfebuked Vitalik and his ideas to create a “second layer financial ecosystem machine” which adds so much more use case and value to the decentralized ecosystem! I understand somewhat why they rejected his idea,but in the long run, BTC is a vault, and Ehtereum is a living breathing financial organism!!
I am also doing deep thinking as to exactly how to preserve wealth during the next bear market. namely, how can we protect the value we are participating in creating??? On ramps/off ramps,storage, spendability, the abililty to diversify beyond just the crypto markets.One thing fascinating but scary as hell is the synthetics market. Tokenization could be a possible solution to venture in physicals like gold, real estate etc, yet at the end of the day, with the dollar crashing (assuming you see the news of increasing inflation here in the US) I’m worried i"ll make money but it wont be worth anything. What happens if crypto assets do another deep retrace after 10 Xing old ATH?? How to manage, store, mitigatethis risk and make the gains usable in practical everyday life? I’m thinking to expatriate into a less mature economy…Whats your contingency plan? What do you think?
Hi Bush… I’m interested in cosmos as well. Also have been holding bags of ALgorand, mostly because they were working with the dev team at Cardano too. I’m worried a bit about algo, as they have positioned themselves as a ETH competitor… not sure that is wise. In the end we all need to work together,not compete as this space is so huge and there is so much for EVERYONE to gain. Is Cosmos also positioned as a competitor to ETH? I wrote to ALGO to see what their plans are in the future (colab or compete) with ETH, but no one has responded to my EMail.I’m a noob student, but have been speculating in the space since dec2019…
I agree that insurance is a good vertical if you have large bags to lock up you can make good interest.Very important for the "optics"of the space as well. Basically you are insuring the code is solid and against illiquidity from Black swan. pretty good bets. my bags are too small, but i think the space will grow.
when tyranny is law resistance becomes duty
Let’s move away from banks and CeFi and into DeFi.
It is some what of an move and tactic dead by a million cuts.
No aggression lets just all become a bit more smarter big boy pants on and stay safe.
ALWAYS MAKE SURE TO ALSO KEEP ENOUGH Liquidity do not over leverage then your just a stupid gambler.