Hi Amadeo,
I think privacy will become a next big thing in defi building blocks infrastructure,
I recently checked this two projects that is more on privacy
Thanks.
Hi Amadeo,
I think privacy will become a next big thing in defi building blocks infrastructure,
I recently checked this two projects that is more on privacy
Thanks.
Im interested in Sora / XOR as I understand polkaswap is going to be built on it and gas fee equivalents to using uniswap are going to be paid in XOR. as I see it, a interoperable uniswap will be huge and thus the potential for XOR.
Maybe it is discussed later on or in defi 201, but if you have any comments on it, would be cool to hear about it.
Thanks for a great course!
PS. Also hope there will be a section on flashloans
I have just exited this position it goās to show that Chinese are not to be trusted.
There progress is weak and not sure what they are doing it seems a bid dead to me.
ohh thatās so sad. yeah I feel you I donāt usually trust chinese, not the whole people, but more on to their products and also their government.
What happen Amadeo? what do you mean you exited this position?
Hi Amadeobrands
I am having trouble understanding the use of Defi and its business case. So far, in the examples you have used, there is no utility other than to make trades and increase the value of your holdings in USD so that you can use USD to buy items. Is there a case where Defi is used to exchange goods and services? What is the business case of Defi other than to accumulate more USD?
Hi Amadeobrands
Is their a BTC stable coin? From your overview, I see the USD in some form as being the tether point to all crypto prices. How can we change this? If Crypto is to dethrone the dollar as the world reserve currency, why is it so popular in trading/pricing?
What are your thoughts on yield farming? I have heard about 600% returns, but I am nervous as it seems like a Ponzi scheme. You are lending one form of Crypto and reviving a staking token that has value X, but wow is buying those tokens for something of value?
I would love to see you cover more about DeFi on Polkadot. Many dApps on Polkadot are booming like crazy in the past month. I guess we need to cover some of them in deep in our Q&A. Thanks.
Yearn finance II ⦠LOL. Itās already 900 a coin.
Lot of questions.
I think when you complete 101 & 201 you will be able to awser those questions by your self.
Amadeo,
Great course and info! I will now get some Dai and explore Compound and Opyn to learn more on DeFi lending platforms and get more familiar with the blocks. Iāve learned a lot from your last few courses. Thanks!
very good info in this forum and all about DEFI.
Enjoying your Defi course and learning so much. I am wondering how this will work in the Real Estate market. Will home buyers collateralize BTC (over collateralize) to purchase the home and pay off their own loan based on a defined low interest rate and shorter term? This could be very good for the home-buyer in good times. If so it could be frightening should liquidation trigger. Right now, banks carry the burden of mortgage default in a residential housing market crash. Homeowners defaulting loose their home, get a bad credit rating but do not necessarily loose their savings.
This was an unexpected amount of knowledge in such a short time, so great job Amadeo! I was looking into BlockFi, any experience with it?
well right now the whole defi space has gone totally crazyā¦
i hope it will calm down and maybe this will be used in a more mature and responsible fashion soon. YFI went up to 30k this is due to yield farming madness made available from defi i think the over-hype and human greed has kind of damaged the defi space currently weāll seeā¦
yEarn has taken off and seems like a good way (unsure of the level of risk) for the platform to seek out the best apr for you. It has taken off like a rocket in popularity recently. To me, it seems to not add value to the ecosystem but rather assists individuals to gain better percentage returns through smart contracts than individualsā research into projects.
Sure yEarn is great but for smae inverters the gas fees is simpaly to high. So it has become a whales game. Where the rich get richer.
I agree with you. I am not getting into it as Iām more concerned with long term growth and staking. Donāt have time to monitor the volatility either. It did rapidly come into the space though!
Yes sounds good.
Do not get to much destrected about the 100X gain farming these are mostly scams ā¦
I tend to disagree the good protocols use human greed as a feature not a bug