Also I can see Sushiswap gaining momentum against Uniswap as uni stopped incentivize liquidity providers.
They recently add new gui,and try getting back trust after the thread happened.
Thanks a lot for all this information, I need to spend more time by my own in order to keep learning about DEFI. The Insurance part was very interesting. I didnât know about it. I did enjoy your course a lot
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I do wonder sometimes if ETH can scale safely, I donât understand well enough to know but I do hold some Cardano and really like the thought process behind what they are doing. I am excited to see where this all goes.
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Hi everybody,
I found this new project that it looks amazing
https://blog.yflink.io/
This project is link with first one, very interesting al well
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Tidal finance is a new DeFi insurance player launched on the polka dot system. It allows creators to launch new pools by interacting with a number of protocals/assets. I also think polka dot has become a pretty big building block. https://tidal.finance/?utm_campaign=Wealth%20Mastery&utm_medium=email&utm_source=Revue%20newsletter
Hey All,
Need some help for a DeFi newb. Can people take a look at the following [tx id] [https://etherscan.io/tx/0xc857820852c8f08fe7377b9594d37ee2ec390fc11532d3dc80c54976dcf003ec]
I tend to learn best from mistakes so I decided to get stuck in. Firstly used Uniswap to convert some Eth to USDC, then put some ETH and USDC in the liquidity pool on Compound finance to learn first hand.
I then removed it from compound, and I have been returned cETH and cUSDc.
I would like to move my USDC on to fulcrum but it doesnât recognise these cUSDc tokens. What key part am I missing here? I feel like Iâve made a bit of silly move. Can someone please enlighten me?
Thanking you in advance.
Personally I have not looked into Qtum, There are so many projects out there itâs difficult to keep up!
Sorry I do not understand at all, why stacking tokens will generate interests (more tokens) and you can actually profit from it ?
Great question.
I do see ETH 2.0 just like flash loans as the self-regulatory body that we need.
Only the teams that are here really to add value will be able to make this transition in a correct way scam and all might have issues.
Verry bullish on ETH 2.0.
The best way to get involved is to do some DEV ops course on Udemy or something and then try to run your own node this will not be super easy but it for sure lvlâs up the whole community.
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Hi Darren,
There is no FREE LUNCH!
Work hard to add value âŚ
Would recommend checking DeFi 201 and the section about https://theart.exchange/
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HI EverybodyâŚ
i found this course purely challenging and educatingâŚ
Hope everyone enjoying it as it opens many new doors for enthusiastic studentsâŚ
I Found the YFI ecosystem which i quiet new very different and exciting with a very high level of profitâŚ
Do you have insights/ideags on how they came up with Collaterialization ratio (CR) = 150 % - why is it 150%?
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great insights on Defi 101
I was into providing liquidity on Uniswap, but the impermanent loss imposes some major risks.
In your opinion, how can we offset that risk?
First of all, I am very pleased to have this chance to learn from you. Excellent material and I am happy to see this transformation in our society. Very curious about the near future. I see the big issue for me is the challenge to assure high level of security and error proof to avoid mistakes by the user. Provide a good UI / UX and create a high intuitive path for people who is still afraid with a simple internet banking. I think the terms are still complex for the majority.
one that i just started looking into recently is yearn.finance, seems pretty promising.
@amadeobrands thank you for the class, very interesting. I would liket to try out Maker and get some DAI, but just to create a vault the gas fee is about 24$⌠Is there something I am doing wrong? These fees makes it really unpracticleâŚ
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I have been using DeFi for a long time now. It fascinated me from the beginning that you could borrow and lend against crypto holdings. I would explain this to friends how this was an incredible feature.
I often use the analogy of a home or other asset that is paid off. If you need money for something else, you would not just sell it, you can borrow against it and still retain the asset and not have capitol gains or loss of the asset. You can also use that asset and lend it out on AirBnb or as a rental and earn income. You can do this same thing with digital assets, with no overhead, instantly, from anywhere in the world, and with any value amount.
Having collateralize loans also creates a better lending and borrowing environment, similar to the gold standard and pre-mortgage. When people bought a house in the 50âsâŚthey needed at least 75% or much more down to purchase the home. This also kept the inflation of the assets at a much healthier rate.
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@amadeobrands what do you think of RSK and their products bringing DeFi to Bitcoin!? Money on Chain, RIF on Chain, RskSwap⌠
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