showcase Showcase your Defi & Decentralized names & any news

[NickB]

Inspired by @capiche 's sale (congratz by the way!) and @DomainBarracksRob idea for a showcase thread, I thought I would set one up.

Courtesy of Github:

What is Decentralized Finance?
Decentralized finance (#defi) is the movement that leverages open source software and decentralized networks to transform traditional financial products into trustless and transparent protocols that operate without unnecessary intermediaries. One could envision decentralized finance impacting the financial world the same way that open source software has changed software products.

https://github.com/ong/awesome-decentralized-finance

The below gives a nice breakdown on what it is all about

https://www.visualcapitalist.com/decentralized-finance

https://blockonomi.com/what-is-decentralized-finance-defi

I regged 2 today and will not be going on any mad reg spree.......

Defi Mortgages.com
Defi Securities.com

Please share your names, related news and your thoughts...............

​

 

[FutureMaster]

Repost one: DeFinance.com for sale, let me know if anyone interested.

 

[valnames]

Repost one: DeFinance.com for sale, let me know if anyone interested.

much much?

 

[Marketingnetwork]

much much?

Please check Definanced.com

 

[NickB]

Please check Definanced.com

that's end user pricing - this is a reseller forum.......nice name though

 

[FutureMaster]

much much?

PM me, thanks

 

[Domainsyrup]

Just added:
Opfi.io

 

[garptrader]

I was trying to update a spreadsheet of crypto transactions and noted that one of my wallets did not show activity beyond the last couple months. I looked in the menu for a solution but could not find one. So I decided to go to the blockchain. Using Etherscan.io I entered in the wallet address and was able to find all transactions associated with that address.

A couple weeks ago I made a small transfer to a platform which offers interest on crypto assets. While transactions normally process in a matter of minutes, hours later I did not receive a transaction confirmation. I had to submit multiple tickets to clear up the issue as they had changed service providers over that weekend. What helped validate my case was that I found a block explorer to prove the transfer had cleared. Issue resolved!

 

[Domainsyrup]

For open finance or " Opfi " 2020 summit.

 

[Rammbo]

Still holding
Defi.Reviews
Defico.org
Defiing.org
DefiServices.org
OpfiAdvisors.com
OpfiInvesting.com
OpfiRate.com
Opfi.Loan
Opfi.Loans

 

[Thecryptoinvestor]

DeFilancer.com

DeFiAdvocate.com

myDeFIbank.com

DeFInomist.com

DeFinomi.com

 

[Coindoji]

OnchainDefi.com

 

[Coindoji]

I'm hoping this DeFi niche really takes off in the future! I've started collecting some names over the last few months, here's what I got:

DeFi (dot) Market
DeFi (dot) Exchange
DeFi (dot) Live
DeFi (dot) Dev
DeFi (dot)Tel
DeFi (dot) International
Decentralized (dot) Loans

I'm not sure if Dapp names count for this thread, but I have:

Dapp (dot) Digital
Dapp (dot) Direct
Dapps (dot) Direct

Great domains, especially first two

The only thing that bothers me that if it lifts off - they might use decentralized solutions, those trying to disrupt ICANN right now - Handshake, Unstoppable Domains and so on.

 

[DomainBarracksRob]

https://decrypt.co/29299/bitcoin-locked-defi-doubles-after-maker-vote-wbtc-dai

 

[Coindoji]

DefiAtlas.com
DefiLeague.com

Look decent, still available for reg, I have not pulled the trigger yet, still unclear how deep DEFI will penetrate our normal lifes.

 

[garptrader]

DEFIN (TV)

 

[DomainBarracksRob]

Forbes
DeFi Is Reinventing Global Finance Faster Than The Fed Can Print Money
Billionaire bitcoin bull, Tim Draper says, “The DEFI world is almost as technologically advanced as the dollar, and when it is, there will be no ...
1 hour ago


Good Read

(....love the use of those 3 words in red .............com )
The new finance world really might just be on it's way. There many key DeFi components that might just blow up here soon. P2P, Interest, insurance and more.

I've always believed crypto was more of a wood kilning to the fire, and DEFI, the "fire". I think it's possible DEFI will be just as big if not bigger once it's fully implemented.

New world Finance /Credit system is evolving .....which is why I bought my names long ago such as Decentralized/Score & DeFiCreditScore & the famous +"score".com and others..I think this niche is a powder Keg ticking away. Watch and see.....

 

[NickB]

Forbes
DeFi Is Reinventing Global Finance Faster Than The Fed Can Print Money
Billionaire bitcoin bull, Tim Draper says, “The DEFI world is almost as technologically advanced as the dollar, and when it is, there will be no ...
1 hour ago


Good Read

(....love the use of those 3 words in red .............com )
The new finance world really might just be on it's way. There many key DeFi components that might just blow up here soon. P2P, Interest, insurance and more.

I've always believed crypto was more of a wood kilning to the fire, and DEFI, the "fire". I think it's possible DEFI will be just as big if not bigger once it's fully implemented.

New world Finance /Credit system is evolving .....which is why I bought my names long ago such as Decentralized/Score & DeFiCreditScore & the famous +"score".com and others..I think this niche is a powder Keg ticking away. Watch and see.....

I have my first defi renewals coming up....not going to hesitate in renewing all of them

 

[DomainBarracksRob]

I have my first defi renewals coming up....not going to hesitate in renewing all of them

I've already added 2 or more years to several ( good call)

 

[Coindoji]

CompareDefi (.) com

 

[garptrader]

Interested in learning how to use a DEFI platform other than MakerDao (after having seen numerous videos on the subject), I decided to attempt my first DAI for WBTC swap. I was not happy about the proposed gas fee of about $2 so I decided to manually lower the fee to about a third of that (thinking it would slow transaction clearance but I was not in a rush). Ten hours later the transaction was still pending and looking at Etherscan it did not look like it was going to be clearing any time soon. I had initiated a separate DAI transfer and the first transaction seemed to be holding up the second. So I looked into Trust Wallet Help and found some guidance. To clear up the first transaction I had to send zero ETH to the recipient in the first transaction and then manually change the nonce on this revised transaction to the nonce number of the first. Transaction canceled. I waited a bit but the second transaction still seemed to be stuck (despite using a normal gas fee) so I repeated this process for the second transaction to clear it. Lesson learned - yes network congestion can raise transaction fees. Waiting till the evening hours or a weekend can lower fees but trying to manually lower fees can result in transactions which do not clear as one would expect.

 

[Coindoji]

Interested in learning how to use a DEFI platform other than MakerDao (after having seen numerous videos on the subject), I decided to attempt my first DAI for WBTC swap. I was not happy about the proposed gas fee of about $2 so I decided to manually lower the fee to about a third of that (thinking it would slow transaction clearance but I was not in a rush). Ten hours later the transaction was still pending and looking at Etherscan it did not look like it was going to be clearing any time soon. I had initiated a separate DAI transfer and the first transaction seemed to be holding up the second. So I looked into Trust Wallet Help and found some guidance. To clear up the first transaction I had to send zero ETH to the recipient in the first transaction and then manually change the nonce on this revised transaction to the nonce number of the first. Transaction canceled. I waited a bit but the second transaction still seemed to be stuck (despite using a normal gas fee) so I repeated this process for the second transaction to clear it. Lesson learned - yes network congestion can raise transaction fees. Waiting till the evening hours or a weekend can lower fees but trying to manually lower fees can result in transactions which do not clear as one would expect.

Network issues do happen time to time, plus fees, yeah, could add up to few $

This is all confusing a bit at once, but once you get your head around DeFi - its ultra comfortable.

I'm sure you are aware of MetaMask, I use Oasis web app
1. create 'vault'
2. deposit eth
3. issue loan to yourself locking your eth collateral
4. withdraw DAI and exchange it to whatever (DAI=USDT/C=basically $USD)

But being able to keep crypto and issue loan to yourself at any time, is very convenient.
Say, I took 2300 DAI loan in early March and if I pay back now its only 2313.

Many do business on this, betting on crypto growth - i.e. buy $eth with $usdt for, say, $10k (50 eth).
Lock eth, create a loan and issue yourself DAI and buy $eth with it (say, 30 $eth for $6k) banking on that it will grow, and if it does ( which is likely ), later on once it grows say to $300 per $eth, you sell 30 $eth for $9k, repay $6k debt, pocket $3000 and get your ethers back.

This is the most basic example, there are many applications of DeFi, people just need to get familiar with it onces and they'll love it, as I did

 

[garptrader]

I have a Metamask wallet but only have ~0.1 ETH on it. The Trust Wallet works fine with MakerDao but perhaps Metamask works more smoothly with some DEFI applications. I had seen some note that BTC could be used as Maker collateral but I think it needs to be WBTC not pure BTC. I looked around for BTC to WBTC swap exchange options but could not find any - thus the reason I tried a DAI to WBTC swap. FYI Maker's loan interest rate is currently 0% - with the only catch being you need to deposit ETH collateral and pay gas fees. Of course they can change the rate at any time. I believe after the flash crash in March they are trying to incentivize Maker loans.

 

[Coindoji]

I have a Metamask wallet but only have ~0.1 ETH on it. The Trust Wallet works fine with MakerDao but perhaps Metamask works more smoothly with some DEFI applications. I had seen some note that BTC could be used as Maker collateral but I think it needs to be WBTC not pure BTC. I looked around for BTC to WBTC swap exchange options but could not find any - thus the reason I tried a DAI to WBTC swap. FYI Maker's loan interest rate is currently 0% - with the only catch being you need to deposit ETH collateral and pay gas fees. Of course they can change the rate at any time. I believe after the flash crash in March they are trying to incentivize Maker loans.

A lot of confusing info flying around, and I checked, Maker uses Oasis app, so it's kinda official, and now it currently shows 0.0% stability fee, while this makes no sense to me, why won't I just mint myself more DAI and put into saver, yeah, 2-2.5% APY is pathetic, but since my eth/aka dai, are just lying around..

Anyway, enough of this, topic for another day

 

[garptrader]

Better DAI returns are available outside of Oasis. Crypto.com is currently paying 10% APR with a 3-month lockup period. Celsius Network has no lockup period and is currently paying about 8% APR. Personally I don't hold DAI for very long. Anyway with BTC under $8800 I picked up about $100 of WBTC. Tokenized BTC on Ethereum.

 

[Domainsyrup]

Ethereum Scaling Solution Principal Engineer Proposes Stablecoin DefiDollar