Topic: DeFi - ETH Financial Ecosystem (September 2019) - page 2. (Read 557 times)
As a member has rightly analysed based on the chart that all these defi based projects seem to be at a peak of hype and also value so better to not get into fomo now and wait for a good correction from here and even if you want to buy and hild these tokens you can buy at a better price hopefully, if you can wait a little more buying now at high prices may not be a wise thing to do.
Nice right up last year, many speculators would have done well to pay attention to defi projects given the moves they have made this year.
Regarding this index, to me these projects look over-extended right now and soon about to come back down to reality, losing half it's value after 4x growth seems completely reasonable to me: I don't doubt that this market can make new highs again this year, but not before a considerable correction for a few weeks or months.
Defix is dynamics of six decentralized finance solutions: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.The NASDAQ Stock Exchange has added support for yet another cryptocurrency-related index. The new index provides the market with information about blockchain projects that work in the field of decentralized finance (DeFi).
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Regarding this index, to me these projects look over-extended right now and soon about to come back down to reality, losing half it's value after 4x growth seems completely reasonable to me: I don't doubt that this market can make new highs again this year, but not before a considerable correction for a few weeks or months.
https://defix.fund/
But this index does not reflect the real statistics of DEFI.
https://defipulse.com/
MakerDAO - 2nd place
Augur- 25nd place
I heard a lot of good news about Augur. Augur V2. Launching soon. https://www.augur.net/
And heard little about Amoveo, Gnosis, Numerai.
At the beginning of the year, I would bet on the growth of this index, but I bought ETH.
Now I would not play with this index
Nice right up last year, many speculators would have done well to pay attention to defi projects given the moves they have made this year.
Regarding this index, to me these projects look over-extended right now and soon about to come back down to reality, losing half it's value after 4x growth seems completely reasonable to me: I don't doubt that this market can make new highs again this year, but not before a considerable correction for a few weeks or months.
The NASDAQ Stock Exchange has added support for yet another cryptocurrency-related index. The new index provides the market with information about blockchain projects that work in the field of decentralized finance (DeFi).
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Regarding this index, to me these projects look over-extended right now and soon about to come back down to reality, losing half it's value after 4x growth seems completely reasonable to me: I don't doubt that this market can make new highs again this year, but not before a considerable correction for a few weeks or months.
Увaжaeмый! Чeм пpинципиaльнo oтличaeтcя MakerDAO DAI oт Tether oби мoнeты yпpaвляютcя цeнтpaлизoвaннo, и кaждaя из ниx oпиpaeтcя нa дoллap, ecли в ocнoвe лeжит xoть oдин элeмeнт yпpaвлeния, тo кaк жe иx мoжнo нaзвaть дeцeнтpaлизoвaнными.
Respected! What makes MakerDAO DAI fundamentally different from Tether? Obi coins are managed centrally, and each of them relies on the dollar, if at least one control is at the core, how can they be called decentralized.
Respected! What makes MakerDAO DAI fundamentally different from Tether? Obi coins are managed centrally, and each of them relies on the dollar, if at least one control is at the core, how can they be called decentralized.
"Every Tether is always 100% backed by Tether reserves", but we did not see the audit report
Tether is centralized, any token transactions can be suspended.
https://bitcointalksearch.org/topic/stablecoins-and-blacklists-5247581
"Maker provides the release of Dai stablecoins secured by ETH."
http://www.makerdao.com/
"You can issue a DAI for 66% of the asset value."
Dai is not centralized, no one can pause your transactions or block your tokens.
Online Token Statistics
https://makerburn.com
That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/
Why is DeFi called decentralized finance? If centralized Stablcoin is laidWell, not each stablecoin is centralized. We can consider as examples of centralized stablecoins: Tether, Gemini or USD Coin. They are backed by fiat currencies or commodities collateral-backed. But there are decentralized stablecoins that are backed by crypto/multiple assets. Such as MakerDAO's DAI, Synthetix, EOSDT, etc. https://defiwiki.org/wiki/Stablecoins
DeFi is not only about stablecoins, but there are also many other components https://defiwiki.org/wiki/DeFi_-_A_Beginner%E2%80%99s_Guide_to_Decentralized_Finance
Respected! What makes MakerDAO DAI fundamentally different from Tether? Obi coins are managed centrally, and each of them relies on the dollar, if at least one control is at the core, how can they be called decentralized.
That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/
Why is DeFi called decentralized finance? If centralized Stablcoin is laidWell, not each stablecoin is centralized. We can consider as examples of centralized stablecoins: Tether, Gemini or USD Coin. They are backed by fiat currencies or commodities collateral-backed. But there are decentralized stablecoins that are backed by crypto/multiple assets. Such as MakerDAO's DAI, Synthetix, EOSDT, etc. https://defiwiki.org/wiki/Stablecoins
DeFi is not only about stablecoins, but there are also many other components https://defiwiki.org/wiki/DeFi_-_A_Beginner%E2%80%99s_Guide_to_Decentralized_Finance
That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/
Why is DeFi called decentralized finance? If centralized Stablcoin is laid
That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/
I already forgot about this article, because it did not receive reviews.
September 2019
June 2020
The capitalization of many projects has grown 1000 times in 9 months.
September 2019
June 2020
The capitalization of many projects has grown 1000 times in 9 months.
Damn! I had no idea that there are more than 202 Defi projects in crypto-verse. Since every day we are getting more and more DeFi projects I hope this will not become the new ICO bubble of 2020.
Defimarketcap
DefiWiki
defirate.com
thedefiant
defiprime.com
decrypt.co
The purpose of this short article is to talk about the ETH ecosystem. Most cryptocurrency users have heard of her, but many do not betray her meaning, and possibly in vain. The very first ICOs were usually funded by individuals, this was until 2017, when many companies offered fund-raising services entered the market. This caused a huge pump in the cryptocurrency market. The next pump is expected when institutional investors enter the market. Perhaps this financial platform, which I will discuss below, will become another growth driver.
https://defiprime.com/ethereum
The official website says:
DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries. We have 202 DeFi projects listed and 185 of them built on Ethereum.
A list of projects can be found on the site.
Binance Research has published a study on the DeFi sector. Professionals define DeFi as follows:
"An ecosystem consisting of applications built on decentralized networks, blockchains without access rights and peer-to-peer protocols to simplify lending / borrowing or trade in financial instruments."
Link
Link
"The goal of DeFi is to make the international banking system open and free. Such an opportunity appears every 50 years".
Analytics
https://defipulse.com
To date, 2.2 million ETH have been frozen in this ecosystem. This is almost 2 times more than a year ago. For nodes to work on the POS algorithm ETH 2.0, the community needs to attract at least 2 million ETH.
The NASDAQ Stock Exchange has added support for yet another cryptocurrency-related index. The new index provides the market with information about blockchain projects that work in the field of decentralized finance (DeFi).
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Link
Index:
https://en.tradingview.com/symbols/NASDAQ-DEFX/
The official website Defix: https://defix.fund
Let's consider some interesting projects:
https://defipulse.com/maker
More than 55% of ETH (1.522 million ETH) of the entire ecosystem is in this project.
The official website : https://makerdao.com
MakerDAO is a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD. Anyone can use Maker to open a Collateralized Debt Position (CDP), lock ETH as collateral, and generate Dai as debt against that collateral. Dai debt incurs a stability fee (i.e., continuously accruing interest), which is paid (in MKR) upon repayment of borrowed Dai.
https://defipulse.com/compound
More than 18.5% of ETH (401,000 ETH) of the entire ecosystem is in this project.
Oфициaльный caйт: https://compound.finance
Compound is an algorithmic money market protocol on Ethereum that lets users earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. Rates adjust automatically based on supply and demand.
https://defipulse.com/instadapp
More than 8% of ETH (178,000 ETH) of the entire ecosystem is in this project.
The official website: https://instadapp.io
InstaDApp provides an intuitive interface on top of the MakerDAO protocol that’s optimized for users lacking advanced technical or financial experience.
This platform could completely replace all of the banking functions.
Some information about other projects
https://www.wbtc.network/
Wrapped Bitcoin delivers the power of Bitcoinwith the flexibility of an ERC20 token Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.
Completely transparent. 100% verifiable. Community led. KYC and AML required.
But there is a project https://tbtc.network, similar to wbtc, only without KYC and other bullshit
https://weth.io/ ETH token on the Etherium platform. Funny, isn't it?
This is done in order to manage the ecosystem and change ether tokens to any other tokens (gold, real estate, fiat, etc.)
https://digix.global tokenized gold. 1 gram of gold = 1 token.
https://uniswap.exchange/swap and https://spaces.airswap.io allows you to exchange some tokens for others.
Conclusions
Now the financial system is ruled by banks and other financial organizations. Accordingly, they manage the market and dictate their own rules and regulations. As soon as this system starts working on a decentralized blockchain, where more than one state cannot intervene in these processes + services will be available to any resident who has access to the Internet, we will get a completely new financial system.
Just imagine, you are a builder, you tokenize real estate and sell it on a decentralized exchange, you are a farmer, you have the opportunity to tokenize the product and hedge, and so on in any business
This is the future and a huge driver for growth. And that ecosystem, which will create optimal conditions for working on its platform, will be the new decentralized world bank.
Ethereum has every chance.
my article in Russian
DefiWiki
defirate.com
thedefiant
defiprime.com
decrypt.co
The purpose of this short article is to talk about the ETH ecosystem. Most cryptocurrency users have heard of her, but many do not betray her meaning, and possibly in vain. The very first ICOs were usually funded by individuals, this was until 2017, when many companies offered fund-raising services entered the market. This caused a huge pump in the cryptocurrency market. The next pump is expected when institutional investors enter the market. Perhaps this financial platform, which I will discuss below, will become another growth driver.
https://defiprime.com/ethereum
The official website says:
DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries. We have 202 DeFi projects listed and 185 of them built on Ethereum.
A list of projects can be found on the site.
Binance Research has published a study on the DeFi sector. Professionals define DeFi as follows:
"An ecosystem consisting of applications built on decentralized networks, blockchains without access rights and peer-to-peer protocols to simplify lending / borrowing or trade in financial instruments."
Link
Link
"The goal of DeFi is to make the international banking system open and free. Such an opportunity appears every 50 years".
Analytics
https://defipulse.com
To date, 2.2 million ETH have been frozen in this ecosystem. This is almost 2 times more than a year ago. For nodes to work on the POS algorithm ETH 2.0, the community needs to attract at least 2 million ETH.
The NASDAQ Stock Exchange has added support for yet another cryptocurrency-related index. The new index provides the market with information about blockchain projects that work in the field of decentralized finance (DeFi).
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Link
Index:
https://en.tradingview.com/symbols/NASDAQ-DEFX/
The official website Defix: https://defix.fund
Let's consider some interesting projects:
https://defipulse.com/maker
More than 55% of ETH (1.522 million ETH) of the entire ecosystem is in this project.
The official website : https://makerdao.com
MakerDAO is a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD. Anyone can use Maker to open a Collateralized Debt Position (CDP), lock ETH as collateral, and generate Dai as debt against that collateral. Dai debt incurs a stability fee (i.e., continuously accruing interest), which is paid (in MKR) upon repayment of borrowed Dai.
https://defipulse.com/compound
More than 18.5% of ETH (401,000 ETH) of the entire ecosystem is in this project.
Oфициaльный caйт: https://compound.finance
Compound is an algorithmic money market protocol on Ethereum that lets users earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. Rates adjust automatically based on supply and demand.
https://defipulse.com/instadapp
More than 8% of ETH (178,000 ETH) of the entire ecosystem is in this project.
The official website: https://instadapp.io
InstaDApp provides an intuitive interface on top of the MakerDAO protocol that’s optimized for users lacking advanced technical or financial experience.
This platform could completely replace all of the banking functions.
Some information about other projects
https://www.wbtc.network/
Wrapped Bitcoin delivers the power of Bitcoinwith the flexibility of an ERC20 token Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.
Completely transparent. 100% verifiable. Community led. KYC and AML required.
But there is a project https://tbtc.network, similar to wbtc, only without KYC and other bullshit
https://weth.io/ ETH token on the Etherium platform. Funny, isn't it?
This is done in order to manage the ecosystem and change ether tokens to any other tokens (gold, real estate, fiat, etc.)
https://digix.global tokenized gold. 1 gram of gold = 1 token.
https://uniswap.exchange/swap and https://spaces.airswap.io allows you to exchange some tokens for others.
Conclusions
Now the financial system is ruled by banks and other financial organizations. Accordingly, they manage the market and dictate their own rules and regulations. As soon as this system starts working on a decentralized blockchain, where more than one state cannot intervene in these processes + services will be available to any resident who has access to the Internet, we will get a completely new financial system.
Just imagine, you are a builder, you tokenize real estate and sell it on a decentralized exchange, you are a farmer, you have the opportunity to tokenize the product and hedge, and so on in any business
This is the future and a huge driver for growth. And that ecosystem, which will create optimal conditions for working on its platform, will be the new decentralized world bank.
Ethereum has every chance.
my article in Russian
Jump to: