@amadeobrands Are there any updates on xDai at this time? Would you say that they solved their issues or that better alternatives emerged by now? Those gas fees should be a great incentive.
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Hi Amadeo, thanks for this great course(a week ago all that DeFi lingo didnāt make any sense to me 
), now iām currently using the knowledge acquired to explore a little bit around with some projects (Aave, Yearn etcā¦) the one that is more appealing to me right now is yearn.
In terms of new blockchain i think Polkadot is where we gonna see & have many deployment possibilities and new products also arising from that ecosystem due to its interoperability capacities (thanks to the multichain application environment).
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Hi @Toby_K yea xDAI STAKE network is interesting for sure and is an easy to implmented reletifly.
Also, NEAR protocol and Skale are verry interesting.
But for now xDAI is my main focus for building when I need a layer 2 solution or faster/cheaper TX.
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Okay, two questions here:
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New building blocks - The YFI block seems to be essential in the long run. Although I heard many bad words about it, it seems that mass adoption is only a matter of time. My theory is that in order to get mass adoption for profits, some companies / startups may offer insurance around these YFI blocks to makes them āfeelsā more secure and attract general public to try them.
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Other Blockchains (I can think of now) that are developing
- Stablecoins - to avoid the extreme volatility of most cryptocurrencies, stablecoin came into the picture strongly with stable value linked with each coin, and I think itāll be in even more explosive demands in near future. Such a tool makes the DeFi products less risky and hence easier for the general public to accept and try DeFi.
- Integration of blockchain in data management in government services - integrate / rectify the information of population stored in each government agencies, and hence the services provided by the government will be streamlined, and in turn any financial services (including DeFi) which may need government data will be more speedy.
- Supply chain - easier for everybody to track the origins of ingredients, manufacturers, etc. to gain confidence in the product
Have I answered your question?
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Hello @amadeobrands great class!!
I was looking at the building blocks, and I think that options trading will be a great building block to expand. I looked at deribit, but it is not available on my country.
I think options provide hedging, insurance, leverage, etc. There is plenty experience in the stock market using options, and this can make for a fast adoption.
Overall great class thanksā¦
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With Aave, being able to bridge DeFi with mortgages will expand this market exponentially!
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Dear Amadeo;
First of all I should say thanks for the great course that you have prepared. I enjoyed every part of it and so far learned a lot from it, yet Iām also lost in some parts which I think Itāll all be fine when I go further.
Something that really pisses me off is that when we are talking about decentralisation there are still some governance which are forcing people into wrong corner.
The most important aspect of blockchain and crypto should be that there will be no nationalistic limits into this space, which as I can see still we can see that happening pretty often into the area.
Specially in insurance protocols they need KYC and there are people limited from some specific countries. Do you think there will be a time that all this ends and crypto community looks the technology the way it should be or we still going to have all these limits?
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Agreed there are solutions ā¦
We do need to move out and move into more real-world assets.
Check: https://centrifuge.io/products/tinlake
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Curve brought my attention while exploring DeFi ecosystem on Ethereum network. Curve is a decentralized exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading. Launched in January 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins and earning fees. I enjoy their antique visual interface reminding me of the 90s.
Iām interested in how interoperability expands DeFi ecosystem. Eos DeFi Project, Equilibrium, is now building a new interoperable protocol on the Polkadot blockchain. This will attract users by not having to create separate accounts in each project.
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I was thinking the same think. But this also applies USDT for example
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HI Amadeo, thank you for great course on DeFi space
What recently attracted my attention are smart wallet projects, such as for ex. InstaDapp. It is intuitive interface built on top of popular DeFi projects like MakerDAO, Compound, Uniswap, etc. for managing assets. Itās optimized for users lacking advanced technical or financial experience.
Just, hope it is safe to use.
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Great course thank you! I feel Etherium has the most development so far in terms of maturity, but other blockchains like tron, cosmos, and polkadot may have more influence in the defi space in the future.
Zerion is a building block that interests me. I feel this block will play an important part in consolidating information for not only tracking investments but to provide other software the data needed to report on capital gains/losses for dexes like uniswap and 1 inch.
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Hello Amadeo Brands,
I found a new Defi start up named Teller:(https://www.teller.finance/)
Teller creates money markets where users can earn interest on deposits or connect their credit history to borrow without collateral. In short this means under-collateralized loans. I donāt think this is a good idea because most people donāt know how to use currency. What i mean by that is that most people think short term and do not think about the debt that they create.
I do believe that there is alot of money to be made donāt get me wrong, but what is the true cost.
Can morf into the current monatary system but then on DeFi.
Maybe im wrong, what are your thoughts about this project.
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So in the white paper it states that: āTeller is an algorithmic credit risk protocol, built to enable the creation of decentralized lending markets that can offer unsecured loans. The protocolās unique cloud-based infrastructure can connect to, and privately compute credit and banking data to generate individual loan terms based on a usersā creditworthiness.
Teller Protocol was designed to develop decentralized loan products, without collateralized debt, reducing consumer risk and costs. Teller can interoperate with centralized finance data, offering everyone the freedom to develop a new wealth of trustless financial instrumentsā.
Maybe i was wrong. Interesting project for sure. Like to so how this one turns out. Itās part CeFi and part Defi. are there more projects like this one?
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Iāve seen a lot of interest lately in Decentralized Exchanges, Stable Coins, Money Markets (especially as this relates to yield farming) and Insurance (namely, Nexus Mutual). I havenāt seen a lot of interest in Synthetics. Is there any reason for this?
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Polkadot and Cosmos are two blockchains which are obviously developing a DeFi infrastructure. Cosmos has been around a little bit longer than Polkadot. There has been a lot of hype around Polkadot, so it will be interesting to see if they can deliver. Also, Bidao is just getting started (they listed on Uniswap yesterday), so it will be interesting to see how this one develops (e.g., Defi protocols on Binance).
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What about fund managers? Some blockchains that integrate investing, staking, lending, farming and insurance? Like the pension plans but in crypto.
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Yield Farming has brought a lot of whales into the defi space and i thinks its great for adoption and some money making. Also Polka Dot and Cosmos have a lot of projects and layers being build on their blockchains.
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I guess that next important piece of the puzzle would be interoperability. There are few buzzing blockchains like Polkadot or Cosmos but they are already quite big. Another interesting and bit forgotten endeavour is Wanchain. It looks like there is constant progress on project and their token was once quite high. I think itās definitely worth checking.
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Hi Carolyn! Iām also new here and Iām also trying to learn like you. Just want to share my idea (this is solely based on my experiences) about swapping tokens. Usually, I swapped tokens in UNISWAP if there are new tokens in the market and I want to have at least a small bag of it. Usually, these new tokens get available right away in UNISWAP.
Second, I swap tokens if I wanted to join a liquidity pool. For example, I joined a liquidity pool in UNISWAP that needs a pair of ETH-DAI and I only have ETH available. So I need to swap some of my ETH to DAI to join the pool. Hope it helps! Letās continue learning. 
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