Its 2021 and Polkadot and Chainlink seem to be doing some exciting things.
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Yes! amazing year coming , also i could add potentially ADA to this list 
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Hello Evbdy,
I have a question regarding nexus mutual for @amadeobrands and anyone who are into smart contract insurance.
when you want a quote whith Nexus Mutual, there are a few smart contracts predefined but you can also enter a custom address, so here is the question, can Nexus Mutual cover any smart contract which is not predefined? and I would like to know also if there is a different cost of coverage between predefined and not predefined.
Because when they launched the COVER protocol, it seems they are only able to cover protocols whith wich thet get an agreement previously, so that is why I would like to know more about this functionality of entering custom addresses and how it works, and if it is more expensive to cover than predefined or agreed protocols.
thanks for your work @amadeobrands,
Iām learning a lot and feel grateful for this opportunity.
have a good day.
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Defi is packed with so much material to learn, I feel like I would never stop learning. However, with what little I do know, I found a new protocol from Radix: https://twitter.com/radixdlt/status/1352013128528252929?s=20
From what I understand, itās supposed to speedup throughput of transactions by removing unimportant information from the transaction and processing it through their Redix machine; it appears that doing this, the hash would be smaller in size. A much more seasoned pair of eyes should probably read and let me know if what Iām saying makes ANY sense, because I havenāt gotten there yet! LOL
If you know about Redix, let me know how you feel about it as a Defi option! tchau
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I think the money market section of the stack would be the most essential and with most potential.
Other interesting blocks are merging as a competition to current such as the Polkadot chain, Uniswap being a decentralized exchange is gaining momentum. Chainlink is the future since its connecting the old with the new.
For the stable coins I believe USDC has the best option in comparison with others since it holds a 1:1 ratio of USD compared to a USDC token that is openly audited.
I noticed this myself, I only did a cursory scan of their website and if this project takes off itās impact is quite obvious. Iād like to learn more about Radix as well, along with their development team.
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At 33:33 at the end of the Decentralized Insurance video you mention a link to the defi use charts shown in the video. Maybe I am missing something; but, I wasnāt able to find those charts?
Synthetix and the derivatives markets are very interesting to me. Itās over a quadrillion dollar industry. For a cryptocurrency to come and take just a fraction of that away from traditional finance would be remarkable in terms of token price/market cap.
Currently SNX is leading the way with 8xās more $ locked up than the 2nd place token, Nexus Mutual.
Iām still very green in my own understanding of derivatives and need constant reminders of the different forms, however Iām confident that the use of blockchain and smart contracts can assist in strengthening this financial tool. Hopefully as time goes on, the volatility relaxes and some form of regulation (only the most necessary) aid in the adoption of crypto further into this space.
Akropolis Delphi https://delphi.akropolis.io/ and Radit: https://www.radixdlt.com/ are looking great. I will like us to look into those in the course.
Thank you Amadeo! great job 
i like chainlink seems be getting more solid now with bigger investment jumping in.
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https://cardano.org/ is already the big cap most decentralized blockchain and will very soon be a key component in the DeFi space once it launches the capability to build smart contracts on the platform. Canāt wait!
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Bridge Mutual Decentralized Insurance, also Iām interest in TrustSwap and UniSwap.
BMI is my topic
In this process of learning DiFi, MM / Exchanges in particular I thought I saw, but now canāt find a Trust / risk rating site for exchanges. I know Coin Gecko attempts this, but do you know of a decentralized / trustless web site that displays this type of data / info.
Thanks
I find UTRUST very good project, because with the help of this platform, if i understand it right, you can transform cryptocurrencies into fiat and buy something directly, so that way you avoid banks. There is no need to transfer funds into a bank account in order to be liquid. Utrust makes cryptocurrency very useful and projects like that will help cryptocurrencies to be more and more adopted by general public. I havent used utrust yet, but this are my thoughts after reading about it.
Thank you for the great material, amadeobrands!
Iām exploring YFV. Herās a quote from the following link:
https://zephyrnet.com/yfvalue-protocol-what-is-yfv/
"Lately, the DeFi has been the playground of large capital holders or the so called whales. It is in part due to the high entry requirements, thus stopping average retail investors from participating in the lucrative market.
YFValue is aiming to change that through the allowance of direct stablecoin deposits, no cost voting, referral system, on-chain automatic burning, low cap assets usage and a varied inflation rate".
I believe DeFi will benefit and develop a more mature infrastructure with Blockchains like Polkadot and Cardano because of their ability to interoperate with each other with the Ethereum network.
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At this point, itās hard for me to get excited about insurance and synthetics, but I understand that for the sophisticated trader, these offer valuable services and opportunities. That said, I know I have a lot to learn so when I get more comfortable with the options, I might take part.
For now, Iām watching Avalanche, Cardano, Maker, Theta, Polkastarter, and of course Chain Link. Itās all about development and partnerships.
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An interesting take on DeFi is the soon to launch SuperFarm. It is DeFi based around NFTs , farming and stakingāI donāt think they are selling loans. Basically, farms help generate NFTs which can bring value to the token and bring buyers into the currency. There are many new video games that use SuperFarm tokens as an in game currency too. The idea is to make a little independent eco system where NFT generation and video games bring in outside money while farming provides stability to the token (in other words, farms keep that outside money in the eco system). The combo of outside money and inside farmer hodlers could make for a profitable and less volatile token.
Hi,
polkastarter on the polkadot blockchain that allow you to be an early investor for new project that comes and so you get token a lot cheaper than they will be.
and Insured finance are new also on the polkadot blockchain that is an insurance for digital asset
Akash Network (AKT) describes itself as āthe worldās first decentralized cloud computing marketplace, and the DeCloud for DeFi.ā
I view this as a very fascinating development with a lot of promise! We saw how during the US election/transition period Amazon, Google and microsoft were taking down alternative social media sites such as Parlor because they did not agree with what was being discussed. Regardless political viewpoint, I donāt think anyone, with any affiliation wants some corporation to squelch their freedom of speech!
Looking at it through a different, more recent, lens - multiple exchanges halted the trading of Gamestop and AMC to protect the Hedge funds and the Wall street old power structure. Again, Robinhood and others Exchanges decided that the small investors were not as important as the big hedge funds who would be forced to cover their shorts.
I think Akash Network has a place in the ecosystem as a decentralized cloud provider/hosting platform that will bring the same type of value as many of the DeFi projects already mentioned in this thread, but it will do so at the foundational infrastructure level!
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