I checked it, what does it do??
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@camarosan could you explain how this merges with local laws? I mean about AAVE and tokenized real stateā¦ because you can say you tokenized your home, but this must be linked with some real ownership title, at least in Chile for example, if a home has many owners (which is the case in case the tokens have different owners), you cannot sell it unless everybody agrees with it, and even so, if you want to sell it/rent it, everybody must attend to a notary to sign the contract (among other things)
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In cefi. you have FIBRAS or REIT( a company that owns, operates, or finances income-generating real estate)
Basically you donāt need to buy a house. There is a company that have a lot of real state if they rent a house and you have a little proportion of this house in shares you receive a proportion of your shares for this rent.
As we know this project is for USA.
AAVE has a partnership with realt (https://realt.co/) is the same that FIBRA or REIT but with blockchain nothing new. This derivatives is for give liquidity in cefi or DeFI.
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I currently see a big trend in the staking of coins, especially in online gaming. The need for liquidity as user numbers increase, is making the earning potential almost impossible to ignore.
Sai vs. Dai in MKR.tool
Why does Sai (one token collateral) show instead of Dai (multi-collateral token, newest) in MKR.tool?
Shouldnāt the default be Dai on the site? 
Snip-It from lesson followed by Snip-It from session Iām currently in:
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Iām following along exploring the websites given to look into Maker Dao and the stat.bloxy didnāt have data as shown in the video. Everything changes quickly around here 
I scrolled down, no Leverage Ratio graph (or any!), no working CVS export:
Wayback machine? Nothing.
Iām wondering if this is because you may have to pay for this data nowā¦
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Iām going over the steps and working on Oasis and only have ETH in there via MetaMask. I bought Dai on Crypto.com and was transferring to MetaMask to eventually get the Dai to Oasis since I have MetaMask connected to Oasis, but Crypto.com is warning me that sending funds to a non-DAI wallet will result in lost funds.
MetaMask indicates it deals readily with ETH and ERC-20 tokens and Dai is an ERC-20 token and so Iām thinking that means it is a DAI wallet for practical purposes. I copied the QR scan, but I got an error.
This is eating too much time! I will persistā¦ Lol. Any help is appreciated!!
Hi
Thank you for this amazing course. From this wide advanced DeFi space,
NFTs and Synthethics attract me the most.
This derivatives matter was so new for me. Like something I dreamt of and for the first time discovered through our lessons. My ind is happily blowing.
Thank you so much
And if someone look for me, I will probably there to get found.
When I QR the address into crypto.com translation indicates ethereum:xxxxxx (with acct), so it does appear that this address is indeed for ETH and maybe not Dai.
Help me! 
Thanks in advance!
Iāve been around in the cryptosphere since early '17 and I invested both time and money in it both for the amazing technology and where itās headed but also for believing in a monetary revolution. I learned quickly that even if the ideology behind blockchain is a rare and beautiful idea, itās still not how it should be. For instance, take DeFi as an example. The option to be able to lock value and earn interest is a nice thing but it canāt be called decentralized, because you need to take fiat, convert to crypto and then lock it, that makes the founders/company rich with other peoples money. The whole cryptosphere is built upon a beautiful idea wich I like. But itās not mature and to address the decentralized part and what I mean is simply that true decentralization is/should be built upon equality, what happens when the heavy investors starts to get interested in crypto, the companies that operates atm canāt hold up to the amount of fiat that will put in the different projects, and therefor the only way for DeFi and crypto to really mature is by centralization and thatās the opposite of why the majority have invested in crypto. I believe that DeFi will explode when the logistics market convert to blockchain and there will be opportunities to make money for sure, but they way DeFi operates today, itās hard for me to see how you can create value of nothing, the same way as banks and financial institutions do in the centralized market. Therefor my bet is on the logistics market because itās much easier to get in there for the technology itself and thatās a nice market to(5 trillion USD). So in the long term DeFi as we see it today wont keep up or mature in the way itās marketing itself with decentralization. One thing is for sure, that blockchain is needed and will succeed as the technology it is because it makes life easier and lower expenses in all aspect of the current economy. What do you think Amadeo?
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Hi Amadeo,
Thanks for the training on DEFI.
We are living in unprecedented times, I have a theory about the rush that will happen when
the current pension and insurance money pour money into China form the largest banks in and investments holdings in the world (many US Based too). USD and Crypto are symbiotic and need each other for the greatest pension heist the world has ever seenā¦stay tuned.
Education is the key to everything. Please see documentary links below on China āNEW MONEYā created thru an American Investors eyes, last year 2019 (Before COVI*) and ex prudential Life Insurance CEO link on where to invest your money. Follow the moneyā¦BITCOIN and ETH
āNew Moneyā Video link:
Ex- Prudential life president says buy BITCOIN:
Best
Max
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I Look at AAVE/was LEND, see if NEO can make a comback against the new CCDC Chinaās new digital currencyā¦and I would like to use THEKEY protocaol in the USAā¦Make insurance available for Medical, Auto, Life, with a payment system for bills, while holding all your medical recordsā¦WOW thatās a lotā¦lol
TRONS new KLEVER interface and JUST Stable coin
Thanks
Once again the Answers populate oldest on top didnāt pop to my reply area
https://althea.net/ I have found this initiative, which I love because every time I go deeper into defis, the more I realize how important it is in order to have a future with resources to fully decentralize everything, no only of money. This can be, internet, ewt energy, minerals, work ā¦ all the factors that affect the development of human life. Decentralization has a totally wide scope, it means everything that affects peopleās lives. So decentralized monetary laymen are essential but I really believe that there is a time when we have to make up our minds, and take control. Of the system in which we want to be part, and I see that decentralization encompasses more than I can imagine ā¦ I still wonder how I can contribute to this movement ā¦ reinventing ourselves every day to improve, improve ourselves and be able to educate and make what is known. that we discovered can be a good start.
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Hi Evaā¦ All you need to do is remove the eth before the address to send the Dai.
For example:
eth0x20843280734ā¦
delete eth wording and just leave address starting with 0x20ā¦
You need to do this with each coin you withdraw cause Crypto.com puts eth infront each time.
Hope this helps,
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I donāt see regular people using this kind of finance soon, but I think itās a great opprntunity to build something on top of this, like a centralized company that work with DeFi technology, just to make it simple for regular people!
i would recomend you YAM big juicy jummy YAM, weeeellā¦ NO, hahah but for sure we must keep an eye on Polkadot ecosistem, they are growing a looot and have so much for the future!
i agree with @Lamar in a few thing of his reply, buut now with all. iām concerned about what will happen when in the future the large holders of capital start to buy on a large scale and what will happen with the governance of the different protocols, because with the enormous amount of capital they have it will not be difficult to seize decisions in voting. in that case they could get to centralize decision-making and something that was thought for freedom turn it in their favor, as always happened in history.
I would like the crypto world to mature to a level where wages are paid in crypto, where food purchases are paid in crypto, where fuel, electricity and services are paid in crypto, only then we could stop thinking about crypts without associating its value to the dollar or another fiat currency.
Now with the entry of greyscale, and the investments of companies that are being made (the current 6 billion will be quickly outdated), the ecosystem can give from my perspective a leap in maturity, since large amounts of capital will be needed to achieve a marketcap that removes volatility and provides stability to the bitcoin price so that it can be taken as a reference value (again thinking of stopping taking fiat as references). I am thinking very long term.
Speaking of DeFi, I find a problem to achieve the utopian dream of access to capital for all, in the sense that today to request loans the level of collateral necessary is high, but unfortunately many people ask for loans outside of crypts because they do not have the collateral that guarantees their loans, that is why the CeFi will continue to exist basing their collateral on real estate, credit history, and other bureaucracy that we all know. Today I do not know of a protocol that can reach those people who do not have capital to use as collateral. With the NFT, it could be possible to collateralize with a property when this is developed, but still, how would we reach a person who does not have a real property, how do we reach those people who do not have the way to back up their loan just their salary?
I think that there is still a lot to develop thinking that if there were salaries paid with cryptocurrencies, it would open the door to make other types of loans and use other financial tools, only the contracts would have to be linked. This is why I consider that there is a long way to go to think about a mature ecosystem.
It seems like I know too little about financial stuff to really grasp all concepts. But in general it makes perfect sense with the Lego analogy.
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XRP is coming to defy, with Flare. Iām following that project close as I can.
Great course. Staying out of Defi. No money to invest. 