Pages:
Author

Topic: [ANN][IDO] DECENTRALIZED LENDING, GOVERNANCE, AND FIAT LIQUIDITY DAPP - page 2. (Read 901 times)

newbie
Activity: 9
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.
newbie
Activity: 16
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.
I just daw that they canceled the second seed round.and the are saying,"This is due to huge demand with our platform token and market manipulation risks if the seed round 2 as mentioned will not be locked for some time. Moreover, we have finished the 1st seed round and the Paradefi network team believes the first distribution is enough and good for token price stability."
newbie
Activity: 17
Merit: 0
Decentralized lending and borrowing platforms are some of the most remarkable developments on the DeFi landscape. DeFi lending & borrowing platforms let users supply and lock their funds into smart contracts from where other users can borrow and pay interest on them. Each loan is collateralized by crypto.
Investor signs a transaction and approves the funds they’d like to lock using the protocol.The asset is instantly added to the global supply pool (the money market)
It’s important to keep your cryptocurrency safe and away from hackers. However, you’re not earning any money on your crypto assets if they are simply sitting in a hardware wallet. This is especially true in a bear market when the prices go down.
newbie
Activity: 14
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.
But in recent years, crypto dividends has emerged as another way to make money with crypto. The key difference with crypto dividends is that it is crypto passive income. Sometimes it can be as simple as making a few clicks and making crypto while you sleep!
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.
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.
Not to mention Compound’s high interest rates for lenders, near-instant interest payments, absence of loan terms or penalties, and accessibility by anyone anywhere make it too good to pass up on. Especially compared to boring old banks.
newbie
Activity: 17
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.
newbie
Activity: 15
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.


To combat this, Compound uses their interest rate model. When borrowers borrow a lot, the utilization rate goes up. The interest rate will then increase to incentivize lending, while simultaneously disincentivizing borrowers from borrowing more.
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.
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.

newbie
Activity: 19
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).
newbie
Activity: 16
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.
newbie
Activity: 2
Merit: 0
For those unfamiliar with DeFi lending, here’s a quick glance at what makes it unique:

Permissionless – Anyone can lend their assets across the protocol(s) of their choosing at minimal costs.

Automated – Smart contracts follow pre-established parameters to issue, monitor and service active loans.

Non-Custodial – Virtually all DeFi lending protocols do not require users to transfer ownership of their underlying assets. This means they can come and go as they please without any guidance or approval from a third party.

Secure – Major lending protocols have been rigorously audited, meaning that funds supplied to lending contracts are backed by the most robust code in the world.

Dynamic – Most major lending protocols today offer variable interest rates which are automatically adjusted relative to the supply and demand of any given asset.

Stress-Free – Interest earned from lending is collected automatically, meaning there is little to no degree of maintenance required by end-users to earn a passive income on the most popular cryptocurrencies.
There is no minimum for either lending or borrowing
Lenders earn interest about every 15 seconds (every Ethereum block)
You can use Compound for as long as you like, without any penalties
Compound Finance ID Verification
newbie
Activity: 21
Merit: 0
For those unfamiliar with DeFi lending, here’s a quick glance at what makes it unique:

Permissionless – Anyone can lend their assets across the protocol(s) of their choosing at minimal costs.

Automated – Smart contracts follow pre-established parameters to issue, monitor and service active loans.

Non-Custodial – Virtually all DeFi lending protocols do not require users to transfer ownership of their underlying assets. This means they can come and go as they please without any guidance or approval from a third party.

Secure – Major lending protocols have been rigorously audited, meaning that funds supplied to lending contracts are backed by the most robust code in the world.

Dynamic – Most major lending protocols today offer variable interest rates which are automatically adjusted relative to the supply and demand of any given asset.

Stress-Free – Interest earned from lending is collected automatically, meaning there is little to no degree of maintenance required by end-users to earn a passive income on the most popular cryptocurrencies.
That’s not all though. The smart contracts also determine interest rates with fancy algorithms that look at Compound Finance’s supply and demand at any given time.
newbie
Activity: 25
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.
newbie
Activity: 17
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
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.
newbie
Activity: 20
Merit: 0
Without the full information how can anyone will be interested on it.Your site can't accessible. Devs need to be serious on it and fix it soon.
Aside from smart contract risks, Compound Finance also has risks similar to bank runs. This risk revolves around Compound’s “utilization rate”, or how much of lenders’ assets go out to borrowers. For example, if 70/100% of all lender assets go to borrowers, the utilization rate is 70%. This means only 30/100% of lender assets are available for withdrawal.
newbie
Activity: 17
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.
The current situation in DeFi can be compared with ICO craze and the development of other attractive investment opportunitie
The potential of blockchain technology and the spread of crypto-based financial services would form a new world named decentralized finance

Given this, even the “bitcoin bears”, owe it to themselves to slow down and consider investing a small amount in this asset class regardless of their point of view.

DeFi is short for Decentralized Finance. Decentralized Finance includes digital assets, protocols, smart contracts, and dApps built on a blockchain
newbie
Activity: 23
Merit: 0
Peradefi has traditionally placed emphasis on DeFi composability, featuring flash loans and using other protocol tokens as collateral.

leverages a native token  lend that provides holders with discounted fees. In the near future, lend will also be staked for governance and as a first line of defense for outstanding loans.
newbie
Activity: 19
Merit: 0
Peradefi has traditionally placed emphasis on DeFi composability, featuring flash loans and using other protocol tokens as collateral.
newbie
Activity: 21
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.
At this point when you can see that USDT is the highest gas consumer on ETH, and you are not able to link that a stable currency is more important than a fast payment, then there is no hope for you to understand these markets.
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.
Since
bankruptcy is legally accepted in a majority of countries, it makes investors feel risky and doubt before taking any investment
actions.
The Federal Reserve announced it would drop interest rates to zero and buy at least $700 billion in government and mortgage-related bonds as part of a wide-ranging emergency action to protect the economy from the impact of the coronavirus outbreak.
this marks the most dramatic
steps since the 2008 financial crisis to bolster the U.S economy in the face of coronavirus pandemic.
Pages:
Jump to: