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DeFi Vid 👉
– TIMESTAMPS –
2:33 What Occurred
5:57 How DeFi Solves It
19:30 Last Ideas
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Robinhood Capital Increase:
🤔 Why DeFi? 🤔
A very powerful factor to grasp about Defi is that it is decentralised.
One other time period for that is “permissionless”. Furthermore, as a result of it is constructed on a public ledger, it’s fully clear.
DeFi is ruled totally by code. The foundations of the code are clearly outlined and open for everybody to see. It is also open 24 hours a day, 7 days every week and each single day of the yr.
There are a selection of various use circumstances for Defi. These vary from lending to porfolio administration and buying and selling on Decentralised Exchanges (or DEXs).
1️⃣ Synthetix 1️⃣
Synthetix is a decentralied artificial asset issuance protocol that was constructed on the Ethereum protocol. This principally signifies that customers are in a position to mint artificial representations of actual world belongings as tokens which observe the worth of stated asset 1 for 1.
A easy instance of this might be the sUSD token which is designed to trace the worth of the US greenback one-for-one.
What’s actually attention-grabbing about Synthetix is that you would be able to create these token derivatives on various actual world belongings as nicely. These embrace the likes of different fiat foreign money, commodities, indexes and naturally – equities.
What’s even higher about that is that these are ERC20 tokens. Because of this they are often taken off on the Synthetix alternate and held in your individual pockets
2️⃣ UMA 2️⃣
UMA permits its customers to create trustless contracts on something that has a worth. These are all enforced by way of immutable good contracts that reduce using off chain oracle worth feeds.
The protocol permits two counterparties to construction a commerce with out the necessity for any kind of clearing home or alternate. The good contracts will routinely regulate the margin of every social gathering.
You may simply construction these based mostly on share costs. You could possibly create your individual bespoke choices contracts for instance with outlined payouts.
3️⃣ Serum 3️⃣
Serum is a decentralised derivatives alternate that’s constructed on Solana.
So, by being constructed on Solana, Serum may maybe be one of many the quickest and least expensive DEX protocols but.
The Serum DEX at the moment options round 30 totally different cryptocurrency markets, all which commerce towards both USDT or USDC.
Whereas these are cryptocurrencies, anybody can create their very own market on Serum. It is fully permissionless.
It is all hypothesis on my half although, however I might like to see tokenized equities traded on Serum.
4️⃣ Injective Protocol 4️⃣
The Injective Protocol is a decentralised by-product alternate that’s constructed on Cosmos.
Injective is a layer 2 cosmos zone and therefore doesn’t must put up with the congenstion that different Ethereum based mostly Dex’s do. Therefore, it is a lot sooner, extra effecient and cheaper.
It is a Dex protocol that can enable customers to commerce spot, swaps and futurs in a very permissionless means.
Injective is probably the most recent Dex protocol on this record and as such, they’re nonetheless in Testnet part.
They’ve already launched Fairness contracts on the likes Tesla, Amazon and Gamestop. That is the primary Dex that I’ve truly seen launching single inventory fairness contracts
📜 Disclaimer 📜
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.
#Robinhood #Shares #Defi #synthetix #uma #Serum #injective
Source: Coin Bureau
Glad you guys are enjoying that vid. It's quite clear that DeFi is the future – yes some scaling issues. But a matter of when, not if!
Don't forget to jump into my socials channels if you want some of the content that you are not getting here on YouTube 👉 https://guy.coinbureau.com/socials/
good video thanks. Being somewhat 'pro-' Solana, I was glad to see you talk about Serum, but I would suggest to look into Raydium: the future Uniswap of Solana ecosystem…
12:18: Nice legs! XD
Man… you really deserve that 1M subscribers 💖
Bad things are happening in Cryptoland, VCs are trying to invade like in the stock market.
TheCryptoLifestyle exposed a fake DEFI project right here:
Guy, is your lawyer your brother? you guys kinda look alike
All thanks tø ramidcrack ôn IG his the best I the wørld
i tried to use dex.projectserum today i get weird error messages, btc/usdt page wont even load up. … looks like they broke their shit xD
thank you for inj explanation and uma coin
injective protocol is best in dex and mainnet coming soon
also – the argument that synthetics will destroy robinhood is so far from the truth. at the core, these platforms are dependent real world assets and their real world prices. if fiat brokers don't exist, synthetics don't exist. the title of this video is misleading
how do you forget mirror in this video?
Thank you bro…you have educate me a lot much appreciated!
Where the best place to get inj if I'm in the US. Binance.us is very limited and doesn't have it
0×00000050 (00080) 61636865 2d436 74726f66 3a206e6f _ 00000000 00000000 b28e91de f88a274 5049277f d2931620 b4e14e71 504cf911
I don't understand how a defi representation of a stock would be independent from the traditional financial markets. Wouldn't somebody still have to buy a certain stock in order to bring it to solstice etc? And wouldn't that somebody have to jump through all the hoops we jump through today when we buy regular stocks?
It’s not over AmC GME . nice 👍🏽 SyN on Celsius %14
ooh my… this is big
You forgot MIRROR PROTOCOL on Terra iaiaiaia i didn t execpt from you auhauahuahau
with ravencoins we have a chance
When you purchase a shares of an actual stock, that drives the price up, and when you sell the price goes down. From your explanation, it sounds like when you purchase or sell a synthetic stock, it has no actual impact on the stock price. If 99% of the population were to switch over to this DeFi model, then they would essentially just be gambling on the prices set by the 1% of non-DeFi traders. Yes?