Balancer’s popularity in DeFi has been climbing.
This is cool stumbled across Sienna Network
built on a secret network a cross chain DeFi Addressing front-running**
An issue in DeFi that the Sienna Network hopes to address is front-running. Front-running is the act of getting a transaction first in line in the execution queue, right before a known future transaction occurs. “Loving this stuff” thanks amadeo your an awesome tutor
Below are all interesting projects other the big players that will survive in the future in Defi.
Pancakeswap, Uniswap, Sushiswap, 1inch - Defi
Chainlink, Graph - Connecting to real world to execute the smart contracts.
Augur - More like betting on future events
Venus like MakerDao in Binance.
I have been monitoring for a while MochiSwap, an exchange modeled after Uniswap but dedicated to the Harmony blockchain:
https://harmony.mochiswap.io/
At the time of writing it has an extremely low mcap of around 4m$, under the hmochi token.
It is possibile to farm couples with interesting APRs here: https://harmony.mochiswap.io/farms
I am hoping that defi will embrace the spirit of projects such as Polygon (MATIC) and create L2 solutions that can bridge and encourage interoperability between defi ecosystems. Since the original video was published, defi summer has come and gone, and we are now in a state of exploding defi ecosystems. Bridge protocols are necessary and lacking in quantity at the moment, hence the phenomenal increase in demand for legit bridges like Polygon. Decentralized finance will become more mature when there are pathways and guardrails allowing seamless, rapid, and cheap (lookin at you, eth gas fees) interplay.
So imho, defi has not matured to the potential I believe it can become, but it is making EXCITING progress on it’s way there.
I am still trying to wrap my head around DeFi and its multi-layer features. I guess the best way to accumulate the knowledge is to step out by faith and invest a small amount.
Keeping on topic, I came across a list of 10 DeFi projects that could offer great potential according to the document, see the complete list and reference below. However, as a newbie, I will stick with the examples given in class and follow Amadeo’s guidance.
Radix
Finxflo
DAOVentures
Manta Network
e-Money
ExeedMe
FinNexus
Finance.Vote
Alien Worlds
Information was taken from: https://finance.yahoo.com/news/10-under-radar-defi-projects-183417103.html
Pancakeswap, Uniswap, Sushiswap, 1inch
I would like you to explore the DeFi digital finance stack for yourself and challenge you to spot new building blocks that are essential to the DeFi digital finance stack. Also since the rapid evolution of this DeFi space what other Blockchains are you seeing developing a more mature DeFi infrastructure?
Something that I see as a very promising block in the DeFi stack is the addition of yield aggregators. I truly believe that these have the potential to save the space from providing the same percentages that traditional finance has provided and caused us to look else where. I like the thought of more complex stacks and more lego pieces being used in the newer more complex smart contracts such as those of Alchemix and Yearn Finance.
A Blockchain that I see as promising and that can potential capture lots of market share is Solana by SBF Alameda. SBF is a very dedicated young person and has managed to amass a substantial wealth with his several companies. His dedication to the spaces would encourage others, including myself, to believe that he is here to stay and only plans on becoming more relevant.
@amadeobrands https://wazirx.com/
The exchange is available for the global audience, and key features include:
Terra luna is a layer one transaction based blockchain protocol. It acts as a base level for many other building blocks. One I find very compelling is the anchor protocol built on terra luna. It is a depositor and lending based protocol that allegedly will offer a 20% fixed annual rate which is an incredible value proposition compared to traditional financial offerings.
I thought it was interesting to note how much OPYN has evolved since the recording of decentralized insurance. Now there is v2 of OPYN that addresses optioning crypto assets. But I wonder if OPYN is getting away from the insurance side of things? The v1 looks like it will remain, but perhaps not enhanced. (I’m not sure, though). Also, Nexus Mutual seems to have evolved quite a bit as well. There are a lot of new protocols and custodial insurance offerings for coverage and staking. And Yield token on Nexus Mutual is an even newer feature coming online as well. So, just these two protocols have grown so much since the DeFi Insurance course!
I see a lot of potential in the Cosmos ecosystem!
The growth of DeFi, since the release of the course until now is phenomenal. You can clearly see it will be the way of the future. I have another project would like your opinion on @amadeobrands it is Plasma Pay
Like @BrettE said the DeFi space has grown so much since this recording and that there are so many projects now!
For now the one that I believe that will come out on top are those that are able to integrate with each other, rather than trying to compete with each other.
0 voters
If disagree please comment why? so we can discuss this further 
A new project is actually a wallet that will bring defi to one place, Gero Wallet. Its still new but looks promising if it works out, can make it easier for new for in crypto such as myself to get into the defi space.
I am looking into borrowing against my crypto
DeFi is fascinating and I truly believe it has the potential to revolutionize the way of how people transact and trade. However, I have a hard time imagining it being widely used by individuals independently, i.e. in a truly decentralized fashion. For example, we all know how complex and difficult to understand a current centralized financial system is. So naturally, a regular person opts to hire a financial institution, a custodian, or anyone else of this kind to get help managing their funds or investments. Similarly, with a whole myriad of DeFi protocols available today (and there will be many more in the future), regular people will need help navigating the space so they can benefit from it. The point I am trying to make here is that full decentralization of the financial system will be hard to achieve.
I have enjoyed the course thus far. Thank you. Just one question that I cannot get out of my head. How is is possible for a decentralized coin/token to be pegged to a physical asset(fiat currency, precious metals, etc)? How does the protocol monitor the value of the asset(the value being determined by factors off-chain in the physical world and, in the case of fiat currency, subject to the whims of those who print it) and adjust the value of the token accordingly? Is there a book or article I can read to be enlightened on this? It honestly doesn’t add up for me.
This looks very interesting. I’m glad that he delves into the risks, which I need to go back and review. So far I like the way this looks!
Oracles are used to allow a blockchain to interact with the outside world. Hopefully the article below helps.
As a total novice in this space all is new, therefore I tend to appreciate the new user friendly protocols the most. (not saying I have worked it out ) The polygon network offers a lot of de- fi opportunities, it is on the ETH network and the fees are low. The insurance opportunities were interesting and I will do more research on said topics.