DeFi - ETH Financial Ecosystem (September 2019)

[zasad@]

https://twitter.com/0xstark/status/1280271088010907648
Josh Stark(C)

"total value locked in DeFi:

$0 to $1 billion: ~30 months

$1 billion to $2 billion: ~5 months"




https://twitter.com/OKEx/status/1280148612572491776
OKEx+DeFi

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[zasad@]

For everyone who wants to get complete information about DeFi, I suggest you read a good book.

https://landing.coingecko.com/how-to-defi/

"How To DeFi
Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. How To DeFi is a must-read book for anyone looking to understand DeFi. It is packed with simple explanations and step-by-step guides to help you understand and get started in this fast-developing ecosystem."



Translation is available for the Russian-speaking community:
https://assets.coingecko.com/books/how-to-defi/How_to_DeFi_Russian.pdf

[zasad@]

I have a lot of thoughts about defi, I'll postorayus write the main thing.
Defi is growing very quickly, FOMO works, crypto exchanges list defi projects without analysis, users try to buy everything new related to defi, farming is gaining momentum ..
But what happens when this shit is over?
Many projects will lose popularity, but good projects will remain: Chainlink, Aave, Maker, 0x, and so on.
And all projects that are connected with working solutions will grow in price. These are security, anonymity, user-friendly interfaces, and so on.
If you set your investment priorities correctly, you can hit a big jackpot.
What do you think about this?

[zasad@]

New interesting project from the series: Layer-2 DeFi protocol

Injective Protocol, a fully decentralized Layer-2 DeFi protocol
A robust, highly parameterizable DeFi protocol supporting a diverse array of derivatives including CFDs, perpetual swaps and more.
https://injectiveprotocol.com/ecosystem/

"Pioneering a new decentralized economy.

The biggest fundamental difference between Injective Protocol and other exchanges is that we make exchange a decentralized public utility which gives our users and community the resultant value capture from our exchange protocol.

Our technology brings an order of magnitude speedup by scaling trade execution and settlement on layer- 2 all while being fully decentralized.Injective’s fully decentralized nature uniquely allows individuals to permissionlessly create and trade derivative markets that even centralized exchanges cannot support."

Introducing the Injective Token: Pioneering a New Decentralized Economy
https://medium.com/injective-labs/introducing-the-injective-token-pioneering-a-new-decentralized-economy-ca7db063a90f

[SpanishSoldier]

Andre Cronje again distinguished himself He shared new developments and after that users began to buy on Uniswap test token LBI, the trading volume was impressive: ~ $5.5 million.

But then Cronje, as in previous times, said that his token is not of any value and in general will be used only by developers.

After that, the token price collapsed from 0.075 to 0.013 within 20 minutes:

https://i.ibb.co/sVyyk7N/photo-2020-10-14-14-24-46.jpg

sources:

- forklog.com
- ChartFX

Cronje is a magician.

[casperBGD]

Andre Cronje again distinguished himself He shared new developments and after that users began to buy on Uniswap test token LBI, the trading volume was impressive: ~ $5.5 million.

But then Cronje, as in previous times, said that his token is not of any value and in general will be used only by developers.

After that, the token price collapsed from 0.075 to 0.013 within 20 minutes:

https://i.ibb.co/sVyyk7N/photo-2020-10-14-14-24-46.jpg

sources:

- forklog.com
- ChartFX

Cronje is a magician.

is it he a magician, or there are people that do not think before making investment, i am really not sure
but, on the other hand, Cronje said that YFI do not have any value, and YFI obviously have some value, which is actually not that bad at all

[Jaered]

I don't jump into the DeFi train just because some people did. Most of its projects are over rated anyway

[jacafbiz]

When you see post like this, it sometimes challenge me, how some people can see into the future and be right, this post was written when only few people where taken DEFI serious. DEFI has come out shining now and it can only grows it pie as time goes on

[yohananaomi]

When you see post like this, it sometimes challenge me, how some people can see into the future and be right, this post was written when only few people where taken DEFI serious. DEFI has come out shining now and it can only grows it pie as time goes on

every new system appears it will always make a surprise that makes people very interested, eventually it will come back to whoever runs and does that which determines. defi experienced this and the same as when the ICO changed to IEO and finally no longer heard the joy because everything returned to a state of many frauds in every new thing.

[zasad@]

https://www.coingecko.com/buzz/q2-2021-quarterly-cryptocurrency-report

"Here are our top-8 Q2 2021 crypto highlights:

Dogecoin flew to the moon as it gained 366% and outperformed the Top-5 cryptocurrencies
Bitcoin ended Q2 2021 at $35,969, a 44% decline from it's All-Time High
BSC and Polygon are leading the DeFi expansion beyond Ethereum
Despite not being in the top-5 cryptocurrency, SHIB outperformed DOGE as it ended the quarter with an 11,566,501% return
Gaming NFTs saw renewed interest, although floor prices have also dropped
Axie Infinity’s trading volume 131X Year-to-Date, signaling the explosive growth in its popularity
Corresponding to volume increase, Axie Infinity saw its revenue grow 118x in the same time frame.
Spot exchange volume had its monthly high in May at $3.5 trillion before it dropped 60% in June 2021. "

[zasad@]

MetaMask Surpasses 21 Million MAUs as ConsenSys Raises $200 Million to Make Web3 Universally Easy to Use, Access, and Build On
https://consensys.net/blog/press-release/metamask-surpasses-21-million-maus-as-consensys-raises-200-million-to-make-web3-universally-easy-to-use-access-and-build-on/
"MetaMask is the primary way a global user base of approximately 21 million monthly active users — a 38x increase from 2020 — interacts with a universe of approximately 3,700 unique Web3 applications."

[zasad@]

I'm resuming my old topic for a new report on the DeFi ecosystem
CryptoRank: An Overview of the DeFi Sector Landscape

https://cryptorank.io/ (C)
As you can see, Liquid Staking is now popular and in what projects. Liquid Staking is more convenient and secure than older PoS protocols.

Take a closer look at the projects that are alive now. In the future, everything will be fine for them too.