bZx - Fulcrum & Torque..
Everybody knows this project. bZx is a DeFi project focused on margin trading and lending..
They've use DeFi Protocol that Integrated Margin Trading and Lending. And we know how it works. In the crypto lending market, the lender becomes the liquidity provider and the borrower becomes the liquidity user. As long as the lender thinks that the interest rate is attractive, she has an incentive to participate in the protocol. Yet, the borrower is the one who has to pay the interest rate. So the borrower will only use the protocol when there is more value than her cost.
However, no longer in the defi because of too much volatility and the hacking incident of bZx.
bZx exploited the interconnectedness of DeFi protocols. The exploit involved taking out flash-loans (borrowed and repaid in a single transaction) and manipulating asset prices to drain funds from lending pools by taking larger loans than was possible under normal circumstances.
Now, talking about Block. Blocknet is a good moonshot project. Currently trading at around $1.80 cents. YES,, $1.80
, with a circulating supply of only 7 million coins. Their multi-currency wallet is for public release, which has their DEX's integrated into it, for convenient and easy trading. Their HYDRA network is scheduled which could replace Ethereum's centralized lnfura node. 1OOx should easily be doable.