@amadeobrands Thanks for the reply. I’m on to it - had some direction from pablo. I will be doing the courses aswel. I must admit this is powerful stuff especially for the lower class in society. Its so early and people wont believe it. I’m an ex business owner poor at 46 with 5 children and I hate the banking system. Bring on DeFi…
Could you elaborate when the course will be available just roughly?
Craig
Hello there !
I just got a thought on Lending.
With eth 2.0 will come staking. Will this create a competition between Staking and Lending ?
People holding Ether when eth 2.0 is here will have two choice to invest them into the ecosystem : lending or staking. I think this will create a more competitive environnement, as those staking will have a certain reward and those lending another one. If the lending reward is lower than the staking reward, then people will migrate to staking, thus increasing the lending reward.
Can we expect the future lending interest rate to stabilize around the staking reward ?
Can we expect borrowing rates to increase at a higher rate than the staking reward ?
Can staking kill lending/borrowing protocols ?
Do we have informations about staking like : is there a minimum amount of time that we need to lock our eth to stake ?
What do you think this competition will bring ?
Those questions are very interesting to me, let’s discuss em !
TokenSets is really interesting project. The collateralized portfolio of crypto assets automatically rebalance itself based on the inbeded in the token strategy. It so similar to how the big banks group different assets and sell them in packages but the sets are much easier to be a part of.
I like that, DeFi tooling. Thank you for the excellent explanation.
Not really a new project but excited to see the accessibility of Compound come to the Exodus wallet. More adoption built into a very good wallet. I see a future where DAPPS are built into everything to the point you can’t miss them. Investing will always be a few clicks away!
Will look into it and come back to you
Awesome man I saw your tweet I think about Flash-loans.
We hope to build this in our next course that we are creating.
See here a tweet you might like watch the video.
Together we can get rid of the current system lets wake up and build!
Hello Amadeo. I also believe that in the future we will have Defi in different blockchains. Do you think that the functional programming language can be a positive differential in the security of the protocols? I ask this because Cardano and Tezos promise to enter the fray this year and as they both have functional programming languages I wonder if the idea of creating projects on these blockchains can be more attractive.
I suppose the main difference is that the options you mentioned are CeFi; they require your trust on a central platform. It is up to you to assess the risk, in contrast to DeFi, where you are more secure due to decentralization- no trust needed!
Switcheo Network - Switcheo Tradehub
Switcheo is a dex based on NEO’s blockchain and is developing its own sidechain with Tendermint Core BFT consensus algorithm. There are several reasons that I consider Switcheo important:
Atomic swaps operating (currently between ERC20 / NEP5 / EOSIO)
Blockchains that participate in the ecosystem: Ethereum, EOS, Neo and Zilliqa
KYC is not necessary
Good interface
It has a token that has multiple functions, such as discount fees, system of burning fees on trades and soon (according to the roadmap) they will have staking.
Devs have already signaled that they are blockchain agnostic and are interested in listing various blockchains according to demand.
Currently Switcheo works with order books and has some integrated pairs with different liquidity pools, such as Kyber and Uniswap.
In January Switcheo announced a partnership with Neo Eco Fund, which aims to finance promising projects on Neo’s blockchain.
In March they announced the Switcheo Foundation, which seeks to migrate governance to a DAO.
And at the end of March, Switcheo TradeHub was announced, seeking to add a pool of liquidity and a system of automated market makers, something similar to what we see at Kyber / Uniswap.
Lastly, I see a lot of bias in the Defi space with a project that comes from outside the Ethereum ecosystem and analyzing all the features of Switcheo and its objectives is absurd that almost nobody is talking about.
I’ll put some links for those interested:
BlockFi is an amazing project.
Crypto.com is defiantly a winner for Front End experience blending CeFi very nicely with DeFi
Brilliant platform and has come a long way. You just reminded me that i have switcheo tokens in the Noen wallet a couple of years old
Maker Dao getting sued, IMF onto stable coins with possible ban…i think consultancy and coding is the real safe havens. Invest in ourselves with knowledge Toshi family.
I think that KYC should be considered, despite we like it or not the anonimate. And Civic (mmm seems ther are using Identity now https://www.identity.com/) and Hydro are in the right path with that https://projecthydro.org/. Regards
Sorry to burst the bubble but anything build on NEO or other similar networks are not blockchains or DeFi in my view.
Do you think the same about Tendermint?
Do you think the same about Tendermint? What do you mean by similar blockchains?
Tendermith is amazing.
But you must understand that NEO pretending to be a zero trust asset is pissing me off a lot …
If I make a project and when I use tenderemith it is clear the trust factor in that system will be lower …
Let me try to rephrase is … with Tenermith you can create a separated blockchain network that in terms of tech is already superior to the tech that NEO is using in its tech stack today. I could build such a network in lets say 20-30 days …
I’m still learning programming, so I can’t discern deeply the characteristics of each blockchain, so I rely on people I know to have references. I have always seen a lot of negative criticism about the NEO blockchain and my interest in Switcheo is not based on the NEO blockchain, what interested me was the devs’ intention to migrate to another blockchain, which in this case would use Tendermint. I know that blockchains have different levels of security and any project that uses Tendermint probably involves greater risks, but as you said you are agnostic about blockchains. I think that all projects and blockchains evolve and at some point we will see more Defi migrate for other blockchains. The question that remains, is it possible for a protocol to use two different blockchains in its construction? I do not mean interoperability and atomic swaps, but the code itself divided into different blockchains. Thank you Amadeo.
Thank you for this course! I have a background in Insurance and Finance sales and see how the decentralized space could improve results in this industry. So I investigated and found https://defiprime.com/insurance, and Etherisc looked very interesting. This was a video https://vimeo.com/265265106/f1f970c68e that spoke of the project.