DeFi Ecosystem - Discussion

Defi 101 Course
#587

Hi Amandeo!
Your content on DeFi and its delivery is great! I really like the structured listings of all the DeFi projects within your spreadsheet. I acknowledge all your work and effort…thank you! I am learning so much!

Frankly, I must admit though, some slight overwhelm exists for me as this is all a very new experience. Aside from that, I’m committed to the goal of my future growth! I want to be able to contribute, in the future and participate in building and making the world of finance, a fairer more equitable place for all. Is this not a world all of us would prefer?

Unfortunately, at this stage, I’m unable to suggest any additional rising star DeFi projects to add to your list? Sorry… :slightly_frowning_face: To see those images of the growth in this space over the last couple of years is astronomical!..and this is just getting started! Major disruption is on its way!
Payments | Stable Coins | Infrastructure | Investment | Liquidity & Exchanges | Derivatives | KYC | Marketplaces | Lending & Credit | Prediction Markets | Insurance

Having said that, I’ll end with the note that I wish all who are doing these courses the very best! Peace… :grin:

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#588

Hi Amadeo,

Enjoying the course so far. All the courses really. I like how each of you instructors/teachers have you’re own style. It’s natural almost like a real life personal conversation.

I have not really come across any Defi projects that haven’t been mentioned. But I am aware of a number of seemingly successful hourglass contracts such as gandhiji.io and link3D.io. Their communities seem to more or less present them as being the Defi projects before Defi.

I shall keep my eyes peeled. I really want to stack sats just as much as the next person but that’s not what I find most exciting about the Academy or crypto in general. It’s the new paradigms we can create, and interacting with some amazing minds on here.

‘No gatekeeper between the builder and the idea’ Amadeo Brands 2020

Mind blown!!!

1 Like
#589

Thank you for the info in this course so far, I can say this is a difficult one for me but I am more of a hands on learner so if or when I get into this I will at least have some basic knowledge on this subject.

I looked up and found a fairly new project called the STP Network for tokenizing various assets, which uses DeFizone as it’s aggregator, of which is designed for any user. They also have a grant program for developers to develop on their network. I thought this was a good idea to get a new network off the ground. I’m sure others have done the same in the past but I haven’t come across any stating such myself.

1 Like
#590
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#591

Hi everyone!

I’ve started using Uniswap and I am struggling to find certain token addresses (in order to then find them on Uniswap and Metamask).
How can I find these token addresses and be sure that they are not fake tokens?
I have been using Etherscan but i can never be sure that the tokens are not fake…
For example I tried finding EOS on Etherscan, and the token which appeared in the drop down list looked fake (no recent transactions).
How can I find the correct/real token address?
Do you have any tips?
Thank you for your help!!!

Cheers,
Xavier

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#592

Hi Amadeo,

No new DeFi comes to mind, however shouldn’t Celsius be included in your CeFi table?

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#593

Good day Amadeo.

There is also the below two DeFi solutions that I had a look at a while ago that I do not see on your current list.
They are both within the Lending/Loan space, and I found it fairly easy to navigate, but have however not made use of the service.

Nitrogen P2P Secured Loans

Torque Crypto Loans

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#594

I am very new in the world of DeFi and I am learning a lot from you. My take so far is that DeFi is transforming old financial models/products (block by block piling up on each other) into trustless and transparent protocols that run without intermediaries, through innovation, adding value and interoperability in the ecosystem rather than competition like in the old CeFi models/products.

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#595

mstable
Infrastructure



ETH

https://docs.mstable.org/ (no real whitepaper)
USDC, DAI, TUSD or USDT
mStable unites stablecoins, lending and swapping into one standard.
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#596

Hi Amadeo.

I am of the opinion that stable coins like USDT & USDC will be short lived, but are to some extent crucial for now in order to give people the ease of mind & confidence to start playing around with crypto and learn how it works etc. without the financial risk as with eg. DAI. It’s “closer to home” and in my opinion, plays a huge role during this “transition phase” we are currently going through. (just my 2 cents)

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#597

One project that has peaked my interest is Akropolis (AKRO). AKRO does many things, but what intrigues me about this DeFi project is the ability to automate one’s DeFi yields and DCA into Bitcoin and Ethereum as well as giving users access to undercollateralized loans.

Link: https://akropolis.io/

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#598

@amadeobrands

I am enjoying the DeFi course … finding it challenging and enjoyable in equal measures :sunglasses:
I’m using Etherscan to track the transactions, and currently trying out the Kovan testnet as ETH fees are too high

I’m not sure this can really be classed as Defi, but anyway, I found this site which serves a useful function…

As I have only been playing around for a short time I had only given a couple of sites unlimited access to my coins, but for a small fee this has now been fixed.

I also found this article on Reddit where the author talks about his project,

I was thinking it must be possible to revoke the settings yourself once you get all the wallet addresses, but I haven’t worked out how to do this yet…

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#599

@amadeobrands Excellent class so far, thank you! I am reading all the articles you’ve linked but I’m so new to all this I don’t have anything to contribute right now. When I learn more I will contribute :slight_smile:

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#600

I just discovered Gnosis Protocol because DIA is using their protocol to price their governance token.

From their website (https://gnosis.io/):

Create: Gnosis developed an open framework for creating crypto assets that represent information about future events with conditional outcomes. These conditional tokens can be integrated with prediction markets and other applications.

Trade: Gnosis Protocol is a fully permissionless DEX, which has been in research and development over the course of the last two years. Gnosis Protocol enables ring trades to maximize liquidity.

Hold: The Gnosis Safe Multisig is the most trusted platform to store digital assets on Ethereum and the only formally verified smart contract wallet.

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#601

Name: Trustswap
Category: subscriptions payment / escrow smart contract
website: https://trustswap.org/
Admin key info: Jeff Kirdeikis (CEO of uptrend and trustswap)
Contract Address: 0xcc4304a31d09258b0029ea7fe63d032f52e44efe
whitepaper: https://pdfhost.io/v/ttGOoKNbs_TrustSwap_White_Paper_July_2020_V1_1pdf.pdf
problem they fix: allow smart contract to do recurring payments and swap with other tokens. Allow investors to invest ICO without giving all of them your money unless they complete a milestone.

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#602

I don’t remember the specifics of “Oracles” being covered. Could someone out in layman terms what an Oracle is and how it functions. Thank you.

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#603

Hi Joe, I found this on DuckDuckGo which explains it pretty well…

Oracles are a bridge between decentralized protocols and data external to the blockchain.

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#604

What about Zapper.fi

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#605

DeFi Pie (PIE) looks pretty interesting, and catchy name :sunglasses:

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#606

Plutus, the noncustodial crypto debit card that allows you to earn PLU as reward per usage, while retaining control of your private keys.

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