DeFi digital finance stack - Discussion

Defi 101 Course
#872

Hi All… loved seeing the integration by so many using Compound as the root (like for example support From Opyn and Nexus Mutual). Great way to hedge risk. Anything that supports interoperability I’m all for.

The next step I see in the exchange of derivatives I think will come in the form of topical linked financial structures supporting specific industries (we see this already developing in potential with eXeed, the gaming crypto; and in traditional markets, I like Ideanomics as a corollary with a focus on capital aggregations through markets and venture backing including ownership of and promotion of various EV industries; can easily see these folks building exchange-traded credit systems on ethereum or kyber, etc. ). Full disclosure, just bought some IDEX and would like to buy eXeed tokens but not a financial analyst here just sharing some thoughts.

#873

Hi there, I’ve noticed that through late 2020 to present, that centralization doesn’t seem to be as much of a unpopular idea as I would have thought. With the extreme growth of centralized exchanges Like Coinbase, Binance and Kraken along with centralized Staking/earning platforms like Crypto.com, Celcius and Blockfi, it appears that most people are willing to accept risk as ling as the rates of return are high.
I have invested in both STX and USDC and the rates of return on platforms like Celsius and Crypto.com are high (currently 15 and 11% respectively).
Ledger has recently increased their lending options and the rates are competitive.
I suppose the decentralized platforms make life very easy for users not as keen on getting into the “weeds” as we are.

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#874

Hi,

The swapping of tokens means Uniswap will become more prominent.

#875

I just started exploring with AAVE and I am enjoying the defi strategies.

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#876

I find the dART token protocol interesting. It may be the first insurance protocol for NFTs. Check out the project at https://dart.gold

The blockchains I am following right now are Polkadot, Solana, Cardano and Kusama. These blockchain are rapidly developing DeFi protocols that will compete with Eth. The polka swap exchange has recently developed on the Polkadot blockchain. Can’t wait to see what other DeFi projects will follow!

#877

https://www.youtube.com/watch?v=5_9jjvSyats yhat sound quality is terrible

#878

New defi platform BscCredit - the future of peer to peer lending. check it out

#879

https://www.youtube.com/watch?v=kv5spLt1YJI&t=27s
https://www.youtube.com/watch?v=GV1t2SI7zrA&t=234s
https://www.youtube.com/watch?v=5NpEcPvIj1w
https://www.youtube.com/watch?v=aAWOMOddWIg&t=227s
https://www.youtube.com/watch?v=JJ_nyGDSAOQ&t=8s

Actueel and Interesting

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#880

Thank you for creating this course @amadeobrands. I’ve enjoyed learning about the DeFi space and why it’s important for our future.

Some of the recent projects I find interesting are Terra, Swipe, Injective protocol; Serum and Raydium. The last two are made on the Solana ecosystem, which is another blockchain (along with Cardano) that is expanding the DeFi space with new and amazing development.

#881

I’m enjoying the learning curve w/ DeFi and the potential it offers to a humble person like me.

A building block for me has been SushiSwap and all the features and progressive rollouts, like the MISO IDO offerings. I basically learned by just jumping in. Your class has given me a better understanding, which is what I felt I needed since I’ve learned most things thru trial and error.

Another breakthru for myself has been Zapper.fi, which makes the LP and Staking super simple. It’s the same as Zerion. And another DAPP that has helped me to get detailed insight has been APY.Vision

I love learning and the DeFi arena has not let me down yet, this course has been helpful.

#882

USDC vs USDT (2021) - YouTube

#883

Sushiswap, Pancakeswap, Uniswap, aave, curve.

I see that the nice competition in the DeFi and pseudo DeFi (with the binance smartchain and other layer 2 blockchain) has pushed new comers to take the opportunities to solve the expensive gaz fee issue.

I am confident that DeFi ecosystem will strive to propose Dapps with more and more inclusive features with cheaper and cheaper gaz fee and more user friendly UX/UI.

#884

I am already using landing-borrowing , DEXes , yieldfarming etc . DEX EDEX since 2018, Uniswap from the very beginning. TrustSwap for locking. I am going to use DeFi insurance which is new for me.

#885

ShibaSwap was released a few days ago.
It might get some traction

#886

QUICK is a new entry into DeFi. It is the native governance token of QuickSwap, a permissionless decentralized exchange (DEX) based on Ethereum, powered by Polygon.

By utilizing Layer 2 for transactions, QuickSwap users will be able to trade any ERC20 asset at lightning-fast speeds with near-zero gas costs. The protocol will be governed by QUICK token holders, who will be able to create proposals for, and vote on, various factors relating to the running of the protocol.

Avalanche is an open-source platform for launching decentralized financial (DeFi) applications and enterprise blockchain deployments in an interoperable and highly scalable ecosystem.

Avalanche’s mainnet confirms transactions in less than a second, is compatible with the Ethereum development toolkit, and allows independent validators to participate as producers of complete blocks.

Avalanche employs a multi-chain framework with three blockchains dividing up critical functions and uses different data structures.

In this way, developers get maximum flexibility and control over their applications. Dividing the network into three separate entities or processing powers enables Avalanche to deliver the first smart contract platform that confirms transactions in less than a second.

#887

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.

A: Stacks Mainnet has launched a bridging toolkit that allows developers to build on Bitcoin, with Stacks being a layer-one blockchain with a native bridge to Bitcoin. The aim of this is to eventually bring smart contract technology to the Bitcoin network.

Also since the rapid evolution of this DeFi space what other Blockchains are you seeing developing a more mature DeFi infrastructure?

A: EOS, Polkadot, Chainlink and Cardano are just a few alternatives to Ethereum that are seeing DeFi App developers using their blockchains as the backbone.

#888

What about NEAR ?
I know its not DeFi oriented right now since a large portion of their focus is NFTs, but it’ll be just a matter of time until somebody makes a DeFi platform on it from the growing NFT market it produces.

I agree with PhilD99 that Avalanche does seem like a promising platform as DeFi is their main focus, though Polygon might just be where most DeFi congregates since it is part of the time-proven Ethereum ecosystem.

#889

I think Polygon could be very important in the near future.

#890

Today I am using AAVE and Quickswap, polygon has a lot of good yield opportunities on its network, also getting started in Luna, on Mirror dapp!

#891

@amadeobrands
Opium is looking very interesting, but I am having a hard time digesting all the possibilities it presents. There is so much one can do. Stake here, insure there, mining on this or that… :exploding_head:

What I will love to do is just lend out some stable coins (Dai) just to experiment and have a “steady” ROI.

What will be in your opinion, the best place to do that today ?

Another question is, is it too late to hop in the Matic promotion ?

Thanks in advance

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