GAS fees are high this are capital assets so mostly for like 10K USD ++ Budget hopefully this changes soon.
See here some efforts: https://twitter.com/i/timeline
Maybe first try test net then move in with some bigger amounts that make sense after you feel safe.
Revolut is another, I imagine more and more are being added daily.
I do love the Defi is so one on one. no approvals from some guy behind a desk sizing you up. In Defi If you have the means to make something happen, you can make it happen. Itâs amazing, Itâs brilliant, Itâs simple and Itâs so great to be alive and see this happen in my time. I could have never dreamed that this would ever happen. the sky is the limit!
Hi Amadeo, thanks for the excellent course. This one even more so than the programming courses made me realise how much I still need to learn to be proficient in the crypto space. Looking forward to 201.
I saw someone mentioned mStable before but Iâm starting to follow the project also because their project is based in my city. I feel very much in over my head with those kinds of complex protocols that deal with different stable coins and lending/ borrowing. From what I see from the founder and the presentation of the project I feel like they could be successful however. A question was asked of them regarding a theoretical collapse of Tether or another stablecoin, how their meta stable coin would react if it goes to zero in a recent stream panel: https://youtu.be/jPrwinPvwv4?t=2717 it was an interesting insight.
I still need to dive deeper in mStabel but I see some red flags be carefull
I have a new company with no team yet.
BIG PROBLEM!
I NEED A COMPANY TOKEN FAST!
TO PREPARE FOR AN ICO!
I have a U.S. TRADEMARK and just found out 1,000âs of everyday
people are running to WAVES and creating their own tokens in 5 MINUTES / token.
I havenât started the programming courses yet so Iâm not sure how to choosee
the rigght features I need in the token, etcâŚ
WHAT;S THE BESY WAY TO CREATE A FAST TOKEN
with some value ⌠AND HAVE IT READY FOR AN ICO?
Thanks!
Jerry
One project that caught my eye is liquidapps. They are building cross-chain scalability solutions that can give defi the boost it needs with regard to higher transaction speeds and lower gas fees. The DAPP network, specifically LiquidChains, allows transactions to be executed immediately and then updates the base-layer periodically. LiquidOracles are data feeds that go through the same process, preventing faster and cheaper data feeds used in DeFi. vRAM is another service by the DAPP network that will allow for more efficient long term storage of data, allowing for more auditability, and identifying risks.
Thereâs a lot more to it, but this is specifically how they are potentially going to help scale the DeFi space!
Iâve been looking into Fusion (FSN) and what they appear to be offering seems to be really interesting (cross chain interoperability and the ability to link old tech with new), the technology is there, but seems a little lacking in the communication/publicity of it.
They also have ANYSWAP just launched which looks pretty amazing too.
It appears theyâve been around for a very long time, I donât understand why they are so âunder the radarâ.
Does anyone have any interesting information on these guys ?
I also like the thought of ERG, given that Cardano look like they are actually launching Shelley mainnet.
Union is a solution to the question âWill there ever be a Non-Currency Collateralized DeFi Lending System?â. Itâs a nice question, because peer-to-peer lending gives the best rates for borrowing: borrow X amount, pay back X amount in a given period of time. The trust between the peers allows for the zero interest rate payments. The project, if successful, will grow on the back of the theory of â6 degrees of separationâ: the idea that there are at most 6 connections between you and any person on the planet (finding those connections is another matter entirely). Peers forming small trust circles on the platform will continue to overlap as the protocol grows in usage, similar to the growth of social media giant Facebook.
Source: https://www.reddit.com/r/defi/comments/hxhoh6/will_there_ever_be_a_noncurrency_collateralized/
Union: https://union.finance/
This is a great topic ie real use case⌠I plan to study it and circle back to ask more questions. Itâs truly amazing how the world of traditional finance is being slowly turn-upside-down via the Defi movement.
Thanks, @Rafael21 for breaking this down and sharing a real experience.
Itâs probably been mentioned but still:
For this assignment I choose Ink Protocol. Ink protocol is a free open source global payments and user reputation service. The way Ink works is through two different methods, the buyer and seller. The seller post a merchandise online and accepts Ink payments. The buyer purchase the merchandise. The Ink protocol will set the funds from the buyerâs transaction in a smart contract on the Ethereum blockchain. Once this process is started, the seller will confirm the purchase and ship the merchandise. When the buyer receives the merchandise and signs off on the shipment, the smart contract releases funds to the seller. When the transaction is complete, the rating for both the seller and the buyer will increase. This reputation base payment system will improve market place confidence to both the buyer and seller. Ratings are tied to actual payments, reputation, are decentralized and stored on the Ethereum blockchain. The goal is for Ink Protocol to be used in a global market place. Ink protocol payments are verified and backed with Ink(XNK) token using the ERC-20 standard. Ink pay is a Dapp used on your Metamask or Coinbase wallets. Making your wallet act as the authenticator. Your wallet address acts as your identity on the transactions executed using the Ink protocol. For more information click on the link below:
What are your thoughts on Anchor? I just discovered the Polkadot Network and this is a joint venture of Polkadot, Cosmos and Terra networks.
LoL do not use waves âŚ
If needed I can constreuct the ERC20 token for you in 1-2 days âŚ
Oh my God! Really Amadeo? At what cost? LOL. That would be fantastic.
Until I can find a Co-Founder and get an actual platform up and running, I need to develop an âintroductory coin // tokenâ that wonâtâ have the features of the âMAIN COMPANYâ COINâ - or flagship coin,.So this introductory coin would be used toi accomplish 2 thingsâŚ
Unless, of course, a coin can be created to generate interest / rewards for more coins WITHOUT the need for a proprietary platform.
Then I could just go ahead and get the FLAGSHIP COMPANY coin created, if that is the case.
The main idea, in either case, is to generate funds and interest in the company so I can hire devs to help GROW the platform and the company.
I currently have little cash as lots of money went into U.S. Trademarks and creating projects for the company to protect the project titles and such.
So should I just start with the âintroductory coinâ?
THANK YOU!!!
Addendum to the previous message - Iâm still a bit confused on what makes a token more valuable. A âgovernanceâ token used by a community or ANY token people may see value in. Thatâs why I think that an âintroductoryâ token might be best so that when the âcommunityâ is created, then thatâs where people can come and earn greater rewards by exchanging the âintroâ token for the âflagshipâ token.
Ok sure but this will minimal be around 10K USD.
You can not aspect free value that is not how the world works.
Airswap is a project I found. It enables peer to peer trading on the ethereum platform
Of course not. I never expect anything for free.
At this time, I will need to just go ahead and
create a basic coin on my own for now. But
I hope I may be able to reach out to you in the
near future. Thanks so much!
DMM/DMG explained as you see it. It is a new project that I am investing in and one get 6.5% interests on your mDAI/mETH/mUSDC.
I just love DEFI and cryptospace now. You invest in your portifoli and stake your tokens/coins and lockem up to get interests. It`s just brilliant. Especially when the banks are falling behind and no interests at allâŚ