tippytoes
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August 29, 2020, 10:49:33 PM |
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Seeing as the assets being used as collateral are still extremely volatile, DeFi loans require a significant amount of risk tolerance. Combined with the fact that issuance and stability fees are constantly changing
It depends on how the platform will strategize to avoid possible losses. And I don't think they will design their system at their own demise. It will always be on their advantage. But of course, they need to be competitive as DeFis are getting hyped these days, and they will offer their clients the best service as much as they can. Or sometimes even offering a very tempting program which may not be catered at all.
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TUCKERMANNE
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August 29, 2020, 11:59:21 PM |
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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. The prerequisites for each borrow position is to place authorized collateral, Allowed-Loan-Value (ALV) is algorithmically decided by each collateral at a specific time.
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stipeenvit
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August 30, 2020, 03:57:00 AM |
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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. When a trader goes under margin maintenance (15%), they are only partially liquidated, bringing their current margin to 25%. Only liquidating as much as necessary reduces the risk of slippage from large liquidations.
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Eversly
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August 30, 2020, 04:41:29 AM |
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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. When a trader goes under margin maintenance (15%), they are only partially liquidated, bringing their current margin to 25%. Only liquidating as much as necessary reduces the risk of slippage from large liquidations. there is an insurance fund which protects lenders. In the case that a lender would lose their principal, the insurance fund will automatically disburse funds to the lender.
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Penkala
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August 30, 2020, 05:10:33 AM |
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The nodes of the protocols will be a kind of validator with the computing cloud-based infrastructures in contract to a various amount of physical infrastructures with traditional centralized banking systems.
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Aolikhat
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August 30, 2020, 05:55:51 AM |
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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. When a trader goes under margin maintenance (15%), they are only partially liquidated, bringing their current margin to 25%. Only liquidating as much as necessary reduces the risk of slippage from large liquidations. there is an insurance fund which protects lenders. In the case that a lender would lose their principal, the insurance fund will automatically disburse funds to the lender. User data will be transferred through the computing cloud-based system that is strictly monitored by the validators of the protocolsand its algorithms smart-contract.
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vangtcu
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August 30, 2020, 07:08:39 AM |
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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.
Due to the impact of the health pandemic and economic crisis, we have observed a world of zero or negative interest rates in comparison to a yearly yield of 5-9% of decentralized finance.
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Windemiller
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August 30, 2020, 08:07:39 AM |
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DeFi may not be fueled by aggressive speculation and market manipulation in the same way ICO’s were, but the impressive returns offered by DeFi products likely stem from systemic risks that are not always appreciated by investors.
.Paradefi offer fiat on-ramp and off-ramp gateway for fiat liquidity, with its advanced smart contract, we can automate fiat payment securely and accurately by using the solution of the oracle. The smart contract will source exchange data from Chainlink price oracles that allow users to liquid their crypto assets to their preferred fiat. there are a significant number of potential risks that the Paradefi system may face in the near future.
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Chappas
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August 30, 2020, 08:45:04 AM |
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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.
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ADAM Alams
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August 30, 2020, 09:38:13 AM |
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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.
It has become a movement that leverages blockchain technology to enable pooled lending and borrowing platforms and transfer of funds without intermediaries or centralized government systems. . In a rapidly evolving lending market, we find it important to keep our sights set on those platforms garnering the most traction.
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Albam Jorden
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August 30, 2020, 11:02:05 AM |
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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.
It has become a movement that leverages blockchain technology to enable pooled lending and borrowing platforms and transfer of funds without intermediaries or centralized government systems. . In a rapidly evolving lending market, we find it important to keep our sights set on those platforms garnering the most traction. Paradefi is confident to revolutionize the way the unbanked approach financial investment and also unbank the banked to a better-decentralized lending platform. let's see All lending platforms require posting more collateral than what is borrowed, heavily limiting the possible use cases of blockchain lending.
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Derwin2
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August 30, 2020, 11:58:23 AM |
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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
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Cleeton
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August 30, 2020, 12:21:43 PM |
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The Paradefi Protocol was created to resolve all the deficiencies and issues cause by the centralized financial institutions worldwide and aimed to create an open-source and non-custodial decentralized platform in which all the operations are based on the decentralized lending pool.
Imagine a global, open alternative to every financial service you use today. savings, loans, trading, insurance and more . accessible to anyone in the world with a smartphone and internet connection. The consensus contract on the Ethereum blockchain defines each figure of the functions and validators in the decentralized systems. Once consensus reached a certain value, the validators will work on that to initiate the loan and calculate the interest rate algorithmically.
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Yehle
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August 30, 2020, 12:47:44 PM |
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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.
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Caulddell
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August 30, 2020, 01:09:24 PM |
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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.
Taking this a step further, many loan providers often have restrictions related to who they will lend to, and the amount that individual will be able to obtain. Common restrictions include age, geographic location and minimum income thresholds.
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Arkright
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August 30, 2020, 01:15:43 PM |
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What is your interest rate? Borrower have to pay and lender must need some profit.how will you calculate this.
When a lender deposits an asset, it will be assigned to the pool, the interest rate will be based on the supply and demand at a time.
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Tkaehinko
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August 30, 2020, 01:24:17 PM |
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What is your interest rate? Borrower have to pay and lender must need some profit.how will you calculate this.
When a lender deposits an asset, it will be assigned to the pool, the interest rate will be based on the supply and demand at a time. Paradefi money markets are defined by an changable interest rate, applied to all borrowers in the protocol, which adjust over time as the relationship between supply and demand changes.
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Bigguvi
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August 31, 2020, 12:01:39 PM |
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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.
It has become a movement that leverages blockchain technology to enable pooled lending and borrowing platforms and transfer of funds without intermediaries or centralized government systems. . In a rapidly evolving lending market, we find it important to keep our sights set on those platforms garnering the most traction. Borrowers handling payments electronically reduces the need to process checks manually, as well as print and mail monthly statements.
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vangtcu
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August 31, 2020, 12:51:41 PM |
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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.
It has become a movement that leverages blockchain technology to enable pooled lending and borrowing platforms and transfer of funds without intermediaries or centralized government systems. . In a rapidly evolving lending market, we find it important to keep our sights set on those platforms garnering the most traction. Borrowers handling payments electronically reduces the need to process checks manually, as well as print and mail monthly statements. Lenders who offer loan origination are able to impress applicants with the speed and ease of their process, thereby increasing their chances of capturing loan opportunities.
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Blaswskiski
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August 31, 2020, 01:39:13 PM |
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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.
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