In exploring the DEFI environment there are so many new Dapps evolving that it is easy to see that the Defi movement is growing with the bulk of the DeFi sector being overly reliant on the Ethereum network.
at the moment i am looking at Plasma pay which is a cross chain project with its own cross chain solution called HyperLoop which boasts of faster transactions and zero gas fees
APY.finance (APY) has had my attention recently. The Robo-Advisor function is an interesting feature. The rebalance function is what has my attention.
Hello Amadeo,
I really enjoyed the course, especially being exposed to the the ability of earning passive income on my crypto.
I have stumbled upon Avalanche or Avax. They have a pretty cool blockchain scanner similar to Etherscan https://explorer.avax.network/
Also, I regards to uniswap on eth, there seems to be an interesting project called Jellyswap that allows cross chain swaps. I was hoping if you may have a chance sometime to go into depth on this, possibly in DeFi 301.
Thanks once again for your knowledge and expertise man!
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Hello Amadeo, really enjoyed your explanation of defi insurance. I find the concept very interesting and makes participating in defi much more enticing. In looking at our current state I think defi has so much room to become greater on perhaps a completely other protocol. Gas fees currently are making defi harder to use with less capital. I am a fan of Cardano and believe that it could provide a better platform for smart contracts. Would love to hear your thoughts on different protocols and how they can push defi even further. Do you see interoperability between many different chains as a possible future in defi?
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Hi Amadeo, great content 
I see a great potential in DeFi protocols, but the ETH network has to work it out how to reduce the gas fees, because currently are quite high for smaller transaction, which leads to attract only people with bigger bags, so this doesnât help the adoption. Also, there is gonna be a transition from PoW to PoS. I think this a great chance for others like Polkadot and Cardano to shine. IMO if something is gonna kill ETH it will be the ETH network itself.
Thankyou, this course gave me better understanding the Defi space. Do you think you will do an updated version of this course in the future?
Cover Protocol is a recent new insurance protocol that adds to the DeFi digital finance stack.
The DeFi infrastructure is definitely developing.
Akast Network (AKT) is the worldâs first DeFi cloud computing marketplace. That could find a nice spot inside the DeFi ecosystem. They also have a product for everyone to become a node. Looks pretty cool! Is to be seen how expensive one of those will be though. ^
Well, definitely a lot has changed I the past time after recording this quite a lot of new ecosystems are submerging. Personally I like to trade on the Binance chain, its easy to use and have low fees (although I know its not fully decentralised) Other then that Iâm looking in to the Polkadot ecosystem because it interoperable between different blockchains. From a traders perspective looking in to Solano because it could still have some significant growth in it
(NOT FINANCIAL ADVICE!)
After this section of the course I really believe in the need for Bridge Mutual which is decentralized coverage.
$BMI
- Provide coverage
- Acquire coverage
Modefi is a new and interesting player in the DeFi space.
BNB / Binance is becoming a player as a new blockchain.
I really believe Cardano will be huge blockchain for many DeFi projects.
It does really seem like the potential is huge, and the gas fees of the Eth will make ADA
a huge threat.
The next step would be to extend DeFi beyond crypto and connect it to the outside world. For instance allowing to take out a loan against any type of collateral backed by an NFT, whereby the NFT represents an asset in the real world (a house, a painting, a car) and would be confirmed by a network of Oracles.
Another evolution could be to make uncollateralised loans possible, using some sort of anonymous credit rating. The rating would be based on Zero Knowledge proofs allowing an individual to:
- prove that they have a history of clean loans without having to reveal the detail of the transactions and without having to report those transactions to any central service
- prove that they own a certain amount of net worth without having to reveal any detail about their real name, or the nature/amount of the owned assets.
Another evolution could be to make DeFi look less âFinancialâ and gamify it completely. Instead of buying a bond, you would buy a cute furry animal 
that periodically produces eggs. A forward contract, an option contract, a credit default swap or any derivatives asset could be represented by some sort of funny creature with specific abilities 
. You could have an entire investment bank OTC desk simulated as a Pokemon game. 
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Iâm still not sure if BSC is really considered DeFi, but after using their product for the last few weeks, it feels so incredible. The low speed and high fees on ETH lately have been quite annoying. I donât mind the low speed per se, but the fact that the long wait times lead to more failing transactions due to price fluctuation. This makes getting involved in new/small cap projects a hassle/expensive or both. While on BSC the transactions are nearly instant and the fees are only a small fraction of a dollar. One recent project that I could see being a building block in the future is the PAID network. Smart agreements and arbitration for businesses.
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Polkadot is making a lot of moves and projects are taking a lot of interest in the parachain model. There is a good chance that Reef can be the next big thing when it comes to a stack. Reefâs liquidity comes from :
Kraken
Binance
Coinbase
Airswap
Uniswap
Kyber Networks
Thatâs darn good.
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I have watched Decentralized Synthetics twice but still failed to really write down in 1 or 2 sentences what it actually is⌠can someone please help 
NFT:s are a big thing nowadays and I guess they are part of the Defi stack.
I mentioned this is an earlier post, but the Tezos ecosystem had a small DEX for a while. It was called Dexter and it blew up after a serious error was discovered. Everyone got their money back, but the DEX is gone for now. https://camlcase.medium.com/statement-on-dexter-eaa7eecd2147
Polkadot has an ecosystem where thigs are happening, so they are getting into DeFi too. But itâs early stages as far as I know. Ethereum is in its own league for the time being.
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Looks interesting. Seems like DeFi for BTC since you can lend and borrow.
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Hey guys! This week my project has been to dip my toes in defi on all the blockchains. I got into pancakeswap, depswap(thorchain), honeyswap, and pangolin. I staked some coins on each one, waiting to see where the race to flip ETH goes in 2021
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