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Topic: [ANN][IDO] DECENTRALIZED LENDING, GOVERNANCE, AND FIAT LIQUIDITY DAPP (Read 892 times)

newbie
Activity: 23
Merit: 0
As team said the project we will be listed soon in at least 3 Dex and 3 centralized exchanges. It should be in October. Also as they said more exchanges will list at the end of 2020. It is preatty big plans I think, so team need to do a lot of work to reach the goal
newbie
Activity: 15
Merit: 0
With DeFi loans requiring no proof of identity and instantaneous disbursements, there are clear advantages for techy savvy users looking to obtain additional capital. But, with the setbacks listed above, it’s safe to say that DeFi lending is current trustless at a cost.
As a crypto asset holder, you don’t need to sell off to avoid the bears. Rather, you lend it out with agreed interest rates defined in the smart contract. Within the stipulated time, you earn your money with interest.
newbie
Activity: 14
Merit: 0
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of  keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
What happened is that you opened a DApp which hosts a smart contract and a pool of borrowers. So at the click, you decide what interest rate you want to give out a loan, if favouring, then lending is on the way. Concurrently, the smart contract automates lending and borrowing agreement.
newbie
Activity: 15
Merit: 0
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of  keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
The use of peer-to-peer intermediaries allows to circumvent limitations inherent to DeFi, where the protocol cannot recover a borrower’s loan outside of the blockchain.

As they said "The smart contract will source exchange data from Chainlink price oracles that allow users to liquid their crypto assets to their preferred fiat"It's not bad thing
Also, DeFi lending allows traders or investors to deposit Crypto for fiat to fulfil other needs without selling off. For instance, a business that holds crypto assets and won’t want to sell to execute a project could simply approach a DeFi lending platform to deposit Crypto for fiat to execute the project.
newbie
Activity: 10
Merit: 0
DeFi may not be fueled by aggressive speculation and market manipulation in the same way ICO’s were,
but the impressive returns offered by DeFi products likely stem from systemic risks that are not always appreciated by investors.
Is there anything to Portfolio management of a borrower ot other related entity to this plat form.

In DeFi lending, investors and lenders issue a loan or deposit fiat for in interest through a distributed system and a decentralized application. On the other hand, an individual or business borrows money for interest through a decentralized network. Both lending and borrowing make use of DApps, Smart contracts, among other DeFi protocols.
newbie
Activity: 12
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
The second most common narrative is, digital assets as a form of currency or medium of exchange. Equally as important as the store of value narrative.
The cryptocurrency space, in general, are volatile, which often sends investors packing. Therefore, if the investor doesn’t want to get burnt in the market, frustrating price swings, the investor, or holder sell-off at bull run, however, DeFi lending provides an opportunity for the investors who want to hold Crypto for a specified time.
newbie
Activity: 12
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
The community governance allows a defi protocol to move forward a flexible financial architecture without any disadvantage dependence on any centralized institutes. As a result, the scalabilities are expanded strongly.
DeFi lending allows traders or investors to deposit Crypto for fiat to fulfil other needs without selling off. For instance, a business that holds crypto assets and won’t want to sell to execute a project could simply approach a DeFi lending platform to deposit Crypto for fiat to execute the project.
newbie
Activity: 18
Merit: 0
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of  keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
Regardless, a “run on Compound” is less likely to happen than a bank run. Bank runs usually happen because of banks’ financial mismanagement. And people don’t know about that until it’s too late. Due to the transparent nature of blockchain, users would probably spot anything fishy way before any run on Compound.
each Defi project not only compete with each other in the blockchain technology but also in the evolution of AIPs. During the Beta test, Paradefi invites random users to experience the governance votes as well as to test the AIP as one of our core proposals for the community. Each valuable voted will be codified into the source and submitted to the developers’ team to validate that.
In the case of decentralized finance, smart contracts are supposed to be its foundation layer as they are self-executing and do not require intermediary oversight. Ethereum introduced the concept of DeFi, which is why most of the DeFi applications are built on Ethereum blockchain
newbie
Activity: 12
Merit: 0
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of  keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
Regardless, a “run on Compound” is less likely to happen than a bank run. Bank runs usually happen because of banks’ financial mismanagement. And people don’t know about that until it’s too late. Due to the transparent nature of blockchain, users would probably spot anything fishy way before any run on Compound.
each Defi project not only compete with each other in the blockchain technology but also in the evolution of AIPs. During the Beta test, Paradefi invites random users to experience the governance votes as well as to test the AIP as one of our core proposals for the community. Each valuable voted will be codified into the source and submitted to the developers’ team to validate that.
newbie
Activity: 11
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
The community governance allows a defi protocol to move forward a flexible financial architecture without any disadvantage dependence on any centralized institutes. As a result, the scalabilities are expanded strongly.
newbie
Activity: 18
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
Demand for borrowing in the DeFi world comes as a result of either margin trading on decentralized exchanges or from borrowing on DeFi applications. The constant fluctuation of demand and supply on DeFi applications results in yields that are fairly volatile
newbie
Activity: 10
Merit: 0
By selling the token what will you do? the buyers or investors who will buy your token how will they profit? what is the prediction you can predict?
If you are lending in the scenarios below you are loaning your assets to the platforms featured with the expectation that you will earn interest on your crypto assets. Your goal is the return of your original sum, with earned interest.
newbie
Activity: 15
Merit: 0
Defi is controlled by large networks of computers, not central authorities. Many investors use bitcoin like gold, as a store-of-value investment that protects against inflation, while Ethereum has been instrumental—and controversial—in helping startups crowdfund their operations.
Paradefi will enhance and expand it's area of usability.
Though many fixate on the high interest rates for lenders on Compound, actually taking out a loan yourself isn’t too bad either. All you need is some crypto to deposit as collateral. No credit checks, income statements, or delays.
Regarding default risk, you should keep in mind that people who are attracted to these sorts of loans may have a bad credit history and are usually deemed a high risk of default.
newbie
Activity: 14
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
The second most common narrative is, digital assets as a form of currency or medium of exchange. Equally as important as the store of value narrative.
Even banks, which people often compare crypto to, have some level of risk (aside from hidden fees, lack of privacy, and limited control over your money).
If something were to prompt lenders to withdraw all their crypto from Compound at once, this would be a problem.


Crypto lending is essentially for people who are bullish on the future of cryptocurrencies and understand that they may end up with crypto returns rather than fiat in the case of a default. Lenders understand that the markets are volatile and it may take some time to recover the fiat amount lent out.
newbie
Activity: 13
Merit: 0
Paradefi’s mission is to make DeFi accessible, scalable, and transparent to the global. Integrating with Chainlink’s Oracle Solution will bring real-world data on any events happening in the system securely and accurately.
Open Finance movement takes this promise a step further, So it's better for the decentralized finance.
For both lenders and borrowers, the main risk with Compound Finance is the potential for hackers to exploit or hack the smart contracts that make Compound work. By doing so, they could steal crypto locked up in Compound’s smart contracts.
As for the lender, even in the worst case scenario where the borrower disappears or defaults, they at least have cryptocurrency as compensation – along with the hope that it will be worth even more in the future.
Whether you want to convert your crypto to fiat and lend it out or get a cash loan off the back of your crypto, there are plenty of benefits. While lending platforms may give loans to people with bad credit history, they have to put their crypto up for collateral.
newbie
Activity: 19
Merit: 0
Paradefi’s mission is to make DeFi accessible, scalable, and transparent to the global. Integrating with Chainlink’s Oracle Solution will bring real-world data on any events happening in the system securely and accurately.
Open Finance movement takes this promise a step further, So it's better for the decentralized finance.
For both lenders and borrowers, the main risk with Compound Finance is the potential for hackers to exploit or hack the smart contracts that make Compound work. By doing so, they could steal crypto locked up in Compound’s smart contracts.
As for the lender, even in the worst case scenario where the borrower disappears or defaults, they at least have cryptocurrency as compensation – along with the hope that it will be worth even more in the future.
newbie
Activity: 15
Merit: 0
Defi is controlled by large networks of computers, not central authorities. Many investors use bitcoin like gold, as a store-of-value investment that protects against inflation, while Ethereum has been instrumental—and controversial—in helping startups crowdfund their operations.
Paradefi will enhance and expand it's area of usability.
Though many fixate on the high interest rates for lenders on Compound, actually taking out a loan yourself isn’t too bad either. All you need is some crypto to deposit as collateral. No credit checks, income statements, or delays.
If you’re a borrower looking to put your crypto up for a loan, you need to consider the security risks.
newbie
Activity: 17
Merit: 0
The upside could be life-changing, if sized appropriately, the downside could be the equivalent to a bad day in the markets. Couple that with the fact that this “hedge” is both uncorrelated to nearly everything else, and at the same time it lacks the term risk of most hedges, bitcoin doesn’t decay like options, or credit derivatives.
The second most common narrative is, digital assets as a form of currency or medium of exchange. Equally as important as the store of value narrative.
Even banks, which people often compare crypto to, have some level of risk (aside from hidden fees, lack of privacy, and limited control over your money).
Crypto lending is essentially for people who are bullish on the future of cryptocurrencies and understand that they may end up with crypto returns rather than fiat in the case of a default. Lenders understand that the markets are volatile and it may take some time to recover the fiat amount lent out.
newbie
Activity: 13
Merit: 0
to increase the role of the community in the Paradefi decentralized platform, the team has been building a user-friendly governance interface for Paradefi Ecosystem, that has been one of our accomplishment to be completed.

Crypto lending is not something you should go into blindly. There are always risks involved, especially when it comes to default risk or security risks.
Regarding default risk, you should keep in mind that people who are attracted to these sorts of loans may have a bad credit history and are usually deemed a high risk of default.
newbie
Activity: 16
Merit: 0
to increase the role of the community in the Paradefi decentralized platform, the team has been building a user-friendly governance interface for Paradefi Ecosystem, that has been one of our accomplishment to be completed.

Crypto lending is not something you should go into blindly. There are always risks involved, especially when it comes to default risk or security risks.
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