DeFi digital finance stack - Discussion

Great course, I hope DeFi 201 is coming soon. I would like to know more about the Flash Loans and their use cases other than arbitrage. Do you think that they will be used more often in the future?

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Veritaseum, Not New, but interesting to me that you can buy/sell/physically redeem precious metals through a smart contract with KYC. Privately owned so less degree of decentralization

What is Veritaseum?

Veritaseum builds blockchain-based, peer-to-peer capital markets as software on a global scale. We enable the seamless connection of parties and assets without the need for a third or authoritarian interest.

Any entity with internet access can participate in these capital markets on a peer-to-peer and one-on-one basis.

Insurance is something I am interested in and excited to dive into some of these protocols. Thank you for this deep dive.

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I too like the others am very much enjoying this course.
I looked into oasis and compound but found the interest paid was insufficient to cover the potential risks and/or the transactions charges moving between tokens. This could change of course.

Like simplyprado above I am looking at blockfi since I like the idea of simply depositing my crypto and earning interest back into the same crypto. Still looking at the risk so haven’t pulled the trigger yet but its a fascinating area.

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Please remember we want to build zero trust financial systems …
Do your own research but in my view Veritaseum is a scam sorry.

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I also have a position with my USDC at BlockFi wich I think is moving in a good direction …
I hope to see more transparency and I would like to get more metric on BlockFi before I would feel more conferrable allocating more capital in that direction.

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I liked using the data charts at aleth.io where you can ctrl-click several projects instead of viewing all data. That lets you see relative importance of each project with respect to amount of ETH locked in defi, for example. This data visualization helps to see the big picture.

I’m taking note of their api and hope to use it in the future. Great resource!

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Hi, just to not be “a lurker in the dark” I saw at slide 3 the ‘Centilized Stablecoins’ typo.

Cannot read suggested reading article, it is closed for subscribers only:
" https://www.theblockcrypto.com/genesis/13564/compound-the-decentralized-money-market-protocol "

Cannot open slides:
" https://docs.google.com/presentation/d/17FYrfGsXO7ba5HSRgQDNpNEBbu4iSnNamyWz5z3zTx0/edit?usp=sharing "

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EOSDT is a DeFi stablecoin on the EOS blockchain. It has low fees (1% admin fee, 0% platform transaction fee, 130% minimum collateralization), and a nice gateway interface. A special feature is that borrowers’ pledged EOS collateral automatically earns rewards from block producers and other actors :+1:.

Here is a step-by-step guide I wrote on how to borrow EOSDT:

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Hi,
In my opinion HEX long term staking token CD’s “Certificate of Deposits” should/could be included somewhere in this chapter “DeFi Digital Finance Stack” perhaps at “Synthetics”? Where would one you put a “non-security-digital-token” like HEX? Are any “Non-Financial-Token” included in DeFi “Synthetics” ? or, All tokens in DeFi are doomed to be called ‘security-tokens’ ?

HEX defines itself as a financial ‘service’, with long time staking CD smart-contract, non-security token, in faq’s page: https://hex.win/faqs.html

Do you think HEX is being ‘looked’ as a scam? like EtheriumV1 also was looked, back in the begin by the Bitcoin Core purists as scam project; and now after these years and work done see how/what ‘emerged’ from it … ‘unstoppable, monster’ DeFi …

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are there any reinsurers in Defi space ? Can it be a building block for other insurers just like tradional reinsurers ? (not sure if its feasible at this stage)

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Is there a way currently to take tangible items such as metals, real estate, collectibles and distribute these in a trust-less system? Is anyone working on this? I hear many people talking on how most everything is going to be tokenized in the future, I have a difficult time seeing much of it happening without the trust of people handling/involved in transfer of material goods beyond code.

Wonderful course!

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This is kind of like how you have all the streaming services with there own content competing with each other. wouldn’t it be better to have a system to monitor instead of being all over the place?

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like real estate loans savings stocks all in one place to monitor

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Would love to see what your going to build :smiley:

Thanks man what slide did you see this?

Hi everyone, the course is providing new insights on the financial possibilities. I’m very cautious and will try out the decentralized exchanges (like loopring, heart a lot of them without really knowing what the difference was with another exchange) once I get deeper into the trading course.

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Hello there. Well, there sure is a lot of content to process here. In the end I feel a bit lost even though I understood the value that DeFi offers in its different decentralized solutions : help everyone manage their financial assets whenever they want with no middlemen involved.
Thanks a lot for the course Amadeo :wink:
Hope to have a better understanding of the DeFi mechanics as I go deeper into the subject !
Cheers !

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Hi,
the typo in
chapter4, presentantion2-slide3
DeFi 101 -> Categories -> “The DeFi Digital Finance Stack” -> “Decentralized Stablecoins - DAI, USDT, USDC”

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Hi @amadeobrands. Thank you for all the great info, really opening the rabbit hole. Yay!

Question about Oasis Save App, the interest rate is pegged at 0%. Is there a history of this interest rates for the DAI savings rate or am i missing something?

Thank you for all your hard work!

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