Here is one that I invested in when it launched on https://bitmax.io Cefi !
It is down a lot now but has potential.
Thanks for the info. Good to know!
I had previously used Etherdelta a few years back. This required the user to upload Crypto, make a trade and then remove the tokens and/ or ETH. This was done with MetaMask. I also saw an article on the SEC in the United States charging the founder. https://www.sec.gov/news/press-release/2018-258 ForkDelta is now in its place and functions the same way. Not something I would really recommend today but it was one of the only on-chain ways to get ERC-20 tokens at the time.
I can see the big advantage of the liquidity pool and also lending options with current DeFi offerings. The âlegoâ style click in functionality has really come a long way from that experience. The value of the trades has also increased exponentially. I think as there are more options developed it will only make finding the best rates and returns easier.
Cool to hear that.
I have also used EtherDelta the problem here is on-chain order books which makes it not create the best prices and slow trading speed.
I would recommend to check out: https://dydx.exchange/
Also, Loopring is interesting: https://loopring.org/#/
When you want to do free limit order trading check: https://matcha.xyz/
HEX is not âdishonestâ, the way the smart contract works is viewable and noone is forced to interact with it if they donât like how it works. There are many other crypto projects where founders or devs receive benefits, I donât see why HEX gets called a scam where many others (that I actually dislike so much that I wont name them) are considered broadly to be legitimate.
HEX is actually far less scammy than other projects: Audited smart contracts, easy to follow walk-through guide that explains clearly what all the code does, finished product BEFORE launch, free distribution to Bitcoin holders⊠what more do you want? All I ever hear is that it is a scam because the founder gets a financial benefit⊠I dont see that as a problem, I see it as a positive.
HEX is real defi, no admin keys, no selfies, plugs into the ETH network and is the first time we have trustless interest on block-chain. I think it should be added to the list of DeFi projects for consideration by Ivanâs Academy for a âDeFi Ecosystem Overviewâ.
Mstable:
Released in May 2020, mStable is a protocol that unites stablecoins, lending and swapping into one robust and easy to use standard. Three major problems confront stablecoin users: significant fragmentation in same-peg assets; lack of native yield when it is being increasingly demanded by users; lack of insurance against permanent capital loss. mStableâs products (SWAP, SAVE and EARN) are built specifically to address these pain-points.
mStable assets represent some underlying value peg and are minted/redeemed on-chain via smart contracts. mASSETS are backed 1:1 by a basket of existing tokenised same-base assets. Each mASSET is a liquidity share for its asset pool as well as a medium of exchange, unit of account and store of value in its own right. Each mASSET has an outsized native interest rate that is derived from lending basket assets on third party lending protocols combined with fees collected from mStableâs SWAP product. Users can swap between basket assets with zero price slippage, regardless of order size. For example, in mUSD, users are able to swap 1 DAI for 1 USDC at no cost, except gas and a small fee.
The protocol token Meta (MTA) serves as insurance against permanent loss for all mASSETS. The token receives a percentage of all system revenue in compensation. In order to achieve long-term value of Meta, holders are motivated to seek stability through the diversification and growth of the system.
Looking forward to learning as much as possible in the DeFi space because I come from a Fin and Insurance background for 30 years.
Iâve really been interested in xDai and Honeyswap. Faster transaction speed, lower fees. Layer 2 solution, and a faucet for their governance token.
Hi Amadeo,
Are you aware of smart contracts using CODIUS and if yes which blockchain will this be using ?
Best
Max
I forgot to mention that Pickle Finance has been helping to keep all the stable coins closer to their pegs by incentivising liquidity providers to add liquidity to those stable coins paired with ETH.
Time will tell if there is any scamminess⊠you gotta be really careful with any yeild farming protocols
HI there,
I am new to Blockchain as well and no background in IT. I find this so interesting and the possibilities are endless! however I feel its about developing weak traits in ourselves like self confidence and giving ourselves freedom to make a mistake with our money! It would be great to see a âplay platformâ where we can play and interact with DeFi using play money, kind of like the game Monopoly .
Comprehensive list!
What about yearn finance??/YFI by Andre Cronje?
Forget the hype of yield farming, that project is onto something with automated yield ad moving your funds to the best yield. Imagine that with stocks and a protocol that moved your money to the best dividend stocks automatically (within certain risk parameters) - it would be worth billions.
I was attending the lecture on MakerDao Protocol Deep Dive and wondered what the CDPâs are. CDPâs are Collateralized Debt Positions from which you can make loans. You need to stack Ether as collateral and then you can make a loan. Amadeo shows us on the mkr.com website the statistical graphs to consider when considering the mkrâs current position. Mkr is the token you need to own in order to have voting rights in MakerDao decisions. I saw the article below when looking into CDPâs that indicates the new name for Dai is Sai I donât know if that stuck or what, the article is dated November 27, 2019. I guess if someone mentions Sai weâll know what they mean.
I also wanted to be sure if MKR was a token and was reminded that MRK is a token that is created and destroyed in an effort to regulate the value of Dai and ensure it remain well within the range of the USD value.
I believe in the next months, many DeFi projects will start looking into other blockchains:
Polkadot is the best candidate at this point from my point of view, specially given the fees should be way lower than what we have in Ethereum:
MantraDAO https://mantradao.com/
Rio DeFi - https://riochain.io/
My thoughts about the DeFi space is that this recent parabolic boom over the summer was a new level in itâs development to the goal of open financing. There were some scammy coins that popped up during this boom, but things seem to have calmed down in the space as September came. And I believe that is a good thing for the long term for DeFi. Because now the true projects in the space are going to rise to the top and stick around, while this rest are being shaken out.
Iâm still really new to this space and I did come across a project called Akropolis, but I saw that a user, serba, on the 28th of September did a great a job of laying out what that project is all about.
Still attending the lecture, I saw Dai vs. Sai.
Is Sai an upgraded version of Dai?
No! Sai is the new name given to the original Dai collaterized by Eth only.
Dai has moved on to mean multi-token backed (fungible ERC-20) currency.
Conclusively, it was the legacy Dai that was renamed which makes sense due the speed in which crypto evolves: We wouldnât want to lose our concept of Dai due to its natural evolution to a multi-collateralized asset.
Hi @amadeobrands Quick question, is a contract address case sensitive? Iâve tested upper and lower case in the URL on Uniswap and it doesnât seem to make a difference and the same is true on Etherscan. and if it doesnât make a difference why is it that a contract address will have upper and lower case letters in it?
Bidao which you already have butâŠ
DOS Network applies Verifiable Random Function (VRF), Threshold Cryptography, and a token-incentive economic model to provide blockchain with correct off-chain data in a secure, reliable, efficient and scalable way. In particular, DOS Network can provide price data for various DeFi protocols.
Shell Protocol
Stablecoin AMM
https://www.shellprotocol.io/
Bonding curves more adaptable than those of Curve (similar product - stablecoin swaps)
I read that the Maker DAO Foundation is meant to dissolve in three years after itâs founding (or, in 2021). What will this mean for the protocol and everything else?
YFI Yearn token is worth over $15,000 ! André Cronje released it in July 2020. This is insane.
Why am I not building tokens yet?
It seems insane that everyone who doesnât know anything, but heard about âDeFiâ being the next big thing, is literally throwing money at it. Just HOW is a token that launched in July worth that much? (It was worth $43,000 in early September). No wonder Cronje is gatvol of âthis spaceâ. It seems like the insanity that was 2017 all over again.