DeFi: Borrowing and Lending Crypto Deserves Scrutiny and Caution September 4, 2020 Crypto lending and borrowing in booming but the important questions are still the same: who are the lenders, and who are the borrowers? Why do they engage in these transactions? What forces shape the market, and how do the players involved react to those forces? The bigger story when it comes to crypto-backed crypto lending [...]
Decentralised Finance aka “DeFi” – A Bigger Bang September 1, 2020 In 2008 the financial world changed when Bitcoin was released into the wild and started the decentralised financial (“DeFi”) revolution which is now gathering pace. This was a Big Bang event and this new DeFi universe expanded quickly, initially there were just clones of Bitcoin, one project was very different from Bitcoin. That project is [...]
Gas Wars and The Hotgate August 31, 2020 2-3 months ago, a Defi presale would be 100 Ethereum (ETH) at the most. At that time, ETH was around $200. The sale lasted for a day or two, and the standard announcement was: “We are going to launch this project. We will launch it at this particular time. Buy it at Uniswap.” Fast forward [...]
Defi – The industry is moving at the speed of light. Can you keep up? August 28, 2020 If you are from traditional finance and look at what is going on in the DeFi space, it would be similar to watching a Formula 1 race, where Uniswap would be the leading driver of the decentralized exchange (DEXs) team. Uniswap came out of the closet in May, and exploded onto the scene in July [...]
Protocol Improvements to Realize the Potential of DeFi August 25, 2020 As decentralized finance, aka “DeFi”, emerges as a blockchain killer app with burgeoning demand, hopeful yield farmers, cross ecosystem liquidity, and a massive inflow of capital, we would all be wise to heed lessons of the past — centralization of financial systems occurs alongside a massive battle over who can front run who. Whether the [...]
Uniswap – the DeFi goldmine minting overnight (and daily) Crypto Millionaires August 18, 2020 UniSwap is a name you should know about if you are planning to get in on the current DeFi craze which seems to be defined, to an extent, by extraordinary gains and potentially extraordinary losses – YAM farming comes to mind! Gains in multiples are made in hours and days, not weeks and months like [...]
What is Decentralized Finance (DeFi)? August 10, 2020 Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions. Although still small when compared to the global economy, DeFi has seen rapid growth in 2020. [...]
