DeFi Ecosystem - Discussion

Thanks for sharing :+1:t2:

Would recommend https://matcha.xyz/
Here you can also place Limit orders and mostly get the best price.
Or try https://1inch.exchange/#/

3 Likes

The volume is low and looks all scammy.
EOS would first need to add real value before to can play the DeFi game … it is IMO funny to see DeFi on other chains than ETH … first value and infrastructure is needed DeFi in the way they present it is never gonna work in the way they implement it.

1 Like

Yea I mainly use it for token swaps, but have tested out other functionality on it. Thanks for the info though, I am in no way a professional, but just thought it was interesting to look at. I was just reminded of uniswap when I tried it out. I would want to monitor what happens for longer periods before I would feel safe using it with any substantial amount. Appreciate your input, hope you and your family had a good Thanksgiving.

what would you think of these two? they are similar to Uniswap, 1inch swap and totle https://app.celswap.org/#/swap & https://matcha.xyz

I signed up to Bankless.com newsletter ,they have an article by “Lucas Campell on how to mint DPI are earn INDEX” its for trading leveraged and inverses ETFs, very interesting.

I found DeversiFi on DeFiPulse and it looks pretty interesting. The platform is able to process up 9000+ trades per second through the use of Zero Knowledge STARKS:

“Zero Knowledge STARKS are a form of cryptographic proof that allows thousands of transactions to be rolled into one batch transaction on the Ethereum blockchain for settlement.”

@amadeobrands, thx for the class, very interesting.
I don’t really understand your message above saying that at the moment it is not possible to build DeFi on another chain than Ethereum. Could you elaborate?
Regarding your question, I like very much xDai, it is a stable payments blockchain designed for fast and inexpensive stable transactions. xDai is used for transactions, payments and fees, and STAKE is used to support Proof-of-Stake consensus.

1 Like

Meaning DeFi is so much more than just printing tokens for staking them …
There is loads of infra structure that other chains do not have and will take years to build until it can be called DeFi …

Yearn Finance and YFDAI Finance

1 Like

Hello I was hoping someone might be able to help. I have a small bag of YFDAI.Finance that I want to stake.

I’m very new to this, and have gone to their website, but when I need to connect my wallet I get an error saying “Error: no Web3 detected”

Any advice?

1 Like

I’ve been looking at 1inch it seems like a great decentralized exchange heres the link check it out. https://1inch.exchange/#/

2 Likes

YFDAI looks to be a good Defi project

Hi Amadeo,
Being new to DEFI experience I am primarily interested on correct way to use metamask to purchase
coins that Ivan speaks of daily .Can you help me ? Thanks ,Cliff

I’m very interested in how DAO’s work, but I am not quite sure how to do research on them. I seen there is a comment about Aragon DAO and I don’t really know how to interpret it. I found this other DAO project called DAOStack, it is open source; I know what that means, but again a don’t know how to do proper research on it maybe you’ll find it interesting. I found it on here on https://defiprime.com/dao

Is anyone using Honeyswap? When I try to connect metamask it says:
"Wrong Network

Please connect to the appropriate Ethereum network."
1 Like

So I have a question for when it comes to market making equations what does the constant “k” represent exactly ?
Second question what is the major significance of having a Fixed product autonomous market maker ?

Hi @1984

, you need to change the network as the following documentation:
https://www.xdaichain.com/for-users/wallets/metamask/metamask-setup

Regards,

1 Like

Name: Serum
Category: DEX
Website: https://projectserum.com/
Tech Stack: Cross Chain

Trust-less cross chain, supports ethereum bitcoin etc? Built on Solana so very fast…

@amadeobrands with a lot of DeFi build on DAI, what would happen if the USD suffered from hyperinflation? :thinking: :thinking: :thinking: