DeFi Ecosystem - Discussion

C.R.E.A.M. Finance Swap provides shared pools, where the pool’s tokens, weights, and fees are permanently set, and the pool creator has no special privileges. By providing liquidity to a pool, user could become liquidity provider (LP) of the pool and earn trading fees/reserves.

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I have not seen or read anything that would indicate that they are, but I am fairly new to crypto. If you have watched or got involved with the Reddit issue and Hedge funds, GME, AMC, etc…big money doesn’t like anything they don’t win at.

Hey Amadeo, great video! I am watching now almost a year after you recorded and a lot has transcended since the making of it but still great explaining none the less. Something cool that wasn’t covered are the new yeild aggregator platforms. I find it interesting since you covered dex aggregators that i mention yield aggregators. One that i find really interesting is Frontier (FRONT). It seems to have a lot of “building blocks” as you say. Compatible with many wallets and and lending platforms makes it seem to be primed for mass adoption. Fairly new so it may not be ready to be added to the ecosystem overview. Perhaps other popular yield aggregators can be covered. @amadeobrands

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Maybe - Frontier.xyz

Awesome video thankyou for your knowledge!

0x UMA LUNA !!!

Defi will be the future. im glad to be apart of this community! AAVE and SNX is cool idk about gas fees tho

I have a interesting question. If the fed keeps printing money and USD crashes like the German Mark, what happens to DIA and other stable coins? Would we have to make a different stable coin that would be backed by another coin like bitcoin?

projects on the Binance smart chain: Pancakeswap and BakeryToken(AAVE copycat on BSC as far as I understood it).

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Yield aggregation would be an interesting add.
https://yop.finance/

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check out what’s happening on the Binance Smartchain :slight_smile:

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wow it seems like such a different moment even though this is only a year old…Defi is great, even banks are realizing that they will have to integrate it into what they offer their customers. Unfortunately and no judgement, i understand why it happened…but the Ethereum blockchain is only accessible for whales and big money transactions. The transactions you showed in this video today would have cost you more than 100 buck and im being nice lol…I appreciate the reactivity and innovation of solutions like the Binance smart chain…buuuut seems the little guy is forced into using a more centralized solution because its what they can afford. This is just an observation…for me Blockchain and crypto are like technological gifts to Humanity…finally things can be “fair”…i believe its up to us to keep it human.

ps really im just mad that i have ETH dividends sitting in a stake pool that i cant even get out :wink:

The BSC tokens are all the rage right now, but one I would like to see added is Trustswap. Having a place where tokens can launch while having liquidity locked to prevent rug pulls will be a huge thing for the defi space.

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recently, Binance Smart Chain needs an explanation i guess

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It’s almost a year after this video was recorded and things have happened in the space. One big thing is Ethereum staking which went live some time ago. People earn real ETH by running their own nodes. You can stake Ethereum om places like Kraken too.

Second layer solutions are a big thing too. I previewed a swap on my Metamask today. Yes, Metamark can do swaps now. The cost of me buying around $900 worth of a token would have been more than $100.

Loopring is one second layer solution that should make transactions on the Ethereum network cheaper by executing certain operations outside of the main network. I may try to use Loopring soon to see if the cost of swapping ETH for a token is much lower than what I experienced on Metamask today. Uniswap was just as expensive today.

Other blockchains want to have DeFi too. Tezos was running Dexter, a DEX, for a while. Then there was a critical error and they had to take it offline.
https://camlcase.medium.com/statement-on-dexter-eaa7eecd2147

If I had to choose just one of these examples above it would be Loopring.

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Maybe dodo, just as cake swap its launched on the Binance chain and at the moment doing very well. Although I know Binance is not fully decentralised.

a couple of DeFi projects which are not in the spreadsheet : insured finance and sushi swap.

Bridge Mutual Insurance $BMI

  • provide coverage
  • Acquire coverage

DeFi Insurance for fungible and non fungible tokens with multiple wallet support.

The biggest recent/ongoing phenomenon is Binance Smart Chain. They have Pancake Swap on it where you can basically pay cents to trade, swap and contribute to LP’s and Farm’s. They are also coming up with some called the Bakery Swap, which has provides similar features as PancakeSwap but also has a launchpad for new projects. Until ETH 2.0 becomes fully functional, we can see a price war on non-Uniswap exchanges and because of its resources and infrastructure, Binance will come out on top.

SYNC Network (synchbond.com) is a DeFi platform for the creation of crypto bond. These crypto bonds are a new type of financial NFT (non-fungible token) that can be traded in the secondary market. These bonds differ from typical yield farming as the tokens are not locked-up directly within liquidity provider pools.

Agree with some of the guys above, BSC for the short term until ETH gets its gas fees figured out.

Just wanted to make a quick post to say WOW, seeing DeFi pulse at just shy of a billion in the video series versus where its at now time of writing…