So I’m a bit confused about defi lending and perhaps my head is still in “old fashioned” finance world… I get collateral in order to secure the loan, but I really have a hard time with 150% requirement. I also struggle with the rates given the amount of collateral I would have to provide. Perhaps I’m not seeing it but maybe someone can explain this to me?
I guess I could put ETH as collateral, buy DAI and run it on an exchange to to get more ETH through leverage, but that seems a bit risky, no?
Again, help me see a bigger picture or what I’m missing here.
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I’m having the same struggle… posted before I saw your question, which is similar to mine: it doesn’t seem to make sense. I have hard time seeing the business/financial sense in it. But I could be missing something.
I do like the idea of loans for sure. I get the collateral but I struggle with the math as presented currently. Perhaps someone can provide some light at the end of this tunnel
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I definitely like and use Nexo.io
Also, another one I have not seen mentioned that I like and use is: https://www.saturn.network/
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Y’all are gods, thank you for making this stuff. So insane
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Does anyone know about Defi crowdfunding platforms?
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Whisp for payroll in cryptocurrency.
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It is not a new project, far from it, but I didn’t find it on your list. It is https://forkdelta.app/ my favorite DEX for trading niche tokens. It is a fork of https://etherdelta.com/, which was bought by Chinese investors and exit-scammed after the ICO. The interface of the old platform is unusable after one of the Ethereum updates like a year and a half ago, but the smart contracts are still running just fine. https://forkdelta.app/ on the other hand works well. The main problem with this DEX is decreasing liquidity and volume, because some tokens have found a place on centralized exchanges with better liquidity and user frendlier interfaces, while many other tokens have died off during the bear market.
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@amadeobrands Please elaborate on why DAI APR in Oasis is zero? Is the DeFi score correct since it doesn’t have a Utilization and Liquidity Index? Shouldn’t something be on their Time Index from the black swan?
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Is allowing a site to link to my coinbase wallet the same as giving them keys or is it just a one-time use similar to when you used MetaMask? I ask because some sites allow connecting to coinbase but not MetaMask. I have a coinbase but I also have my bank linked to the Coinbase.
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If I use a DeFi site like Compound am I still in control of my Crypto? What would be the red flags that I am or am not in control?
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Did not find VariabL on the spreadsheet, but seems to be an interesting derivatives platform that’s been in development since at least 2017.
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Hi team…
# DeFi is financial lego - Maker DAO, Compound, Zerion, Totle
Video time: 39:45.
I’m confused as to why 1inch isn’t choosing what appears to be the best priced deal.
PMM looks right as it offers the best return in Dai.
However, why does it choose to aggregate with Uniswap when the three other DEX’s have better prices for Dai?
Oasis, AirSwap and 0x look to offer more Dai.
The only thing I can see that’s smaller is the gas price, but that’s only charged once (right?) so shouldn’t make a difference.
Can this be explained?
It doesn’t show liquidity directly so I don’t think that’s the issue.
Cheers
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I was listening to Good Morning Crypto yesterday and Ivan mentioned Kyber. Their coin KNC had a significant pump yesterday. I looked into it and here’s what I found out.
In their Protocol Paper, they begin by stating that Kyber is a fully on-chain liquidity protocol for
implementing instant cryptocurrency token swaps in a decentralized
manner on any smart contract enabled blockchain.
Basically, it aggregates various liquidity sources into one pool, so you can find the best exchange rate in one function call.
The protocol aims to provide the following properties for token trades:
- Instant - trade is matched and settled in one transaction;
- Atomicity - trade is either executed or reversed;
- Public rate verification - anyone can verify the rates by querying Smart Contracts;
- Ease of integration - enables multiple trades in a Smart Contract function.
This is the overview of layers in Kyber protocol:
This picture shows nicely how Kyber gets the best rate:
Currently, Kyber is fully developed on Ethereum. However, they aim to deploy Kyber also on other blockchains, thus providing even more liquidity.
This would be possible through Relay Network. At this point, they mention Waterloo for EOS and Peace Relay for Ethereum Classic.
KNC, the token of Kyber, serves following purposes:
- Economic - fees for transactions are paid in KNC.
- Governance - significant stakeholders of KNC have a vote on development questions.
- Treasury funds - contributors gain leverage and interest for bringing value to Kyber.
KNC supply is unified, but aims to be interchangeable between chains.
What the paper doesn’t explain, though, is how exactly is KNC mined and what determines the supply. I personally don’t feel comfortable to invest without understanding this.
From users side, the site looks like this:
You can connect your MetaMask, swap tokens, transfer to a wallet, place limit orders. What I find comfortable is that you can buy ETH with fiat through Moonpay or Wyre on the same platform.
As I understand, it is basically an exchange. You cannot lend or borrow.
I am new to DeFi. This writing is how I understand Kyber at the moment. Please correct me if I’m wrong and do your own research before investing. 
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Thank you for your question 
Very good question!
I think it has to do with slipage that after taking the PMM funds Uniswap will be the cheapest.
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Amazing man that is some good content you can write a blog about it
Hi @amadeobrands Thank you for sharing your DeFi an crypto knowledge with us. The videos are very resourceful.
IMO, Hedera Hashgraph (DAG) has strong fundamentals/experience/principles to revolutionize DeFi which orginated through ETH.
The reason being, the gas fee model, security, speed (tps), scalability, hard forks, finality/probable confirmation on ETH.
Of course, both can/will be interoperable in the future. But in terms of efficiency and enterprise use cases i.e consensus and file services Hedera currently has an good edge over ETH.
Would love to hear your thoughts/opinion about https://www.hedera.com/ . Probably, including a course about DAGs? @ivan
P.S: According to my research and understanding Hedera has better-decentralized governance, technical risk lower, and it’s currently open code review. Plus, they have plans to go open source progressively and in a steady manner.
Sorry a DAG is not a Blockchain and I do not see how to build a zero trust system on it.
DeFi is such a rabbit hole, i´m digging deeper and deeper. I am most fascinated by the fair interest rates floating system in which interest rates are based on real supply and demand of underlying capital polls of digital assets. This is the real free market mechanism. In contrast central banks all around the world determine interest rates by their will, and how can they know what interest rates are optimal, simply they can´t. DeFi removes this dinosaur 
middle man and brings back control to the individual 
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