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...............

​

 

[DomainBarracksRob]

Cryptonews
EasyFi Showcases Digital ID-Based Credit Solution for DeFi ...
With the TVL of the DeFi space currently at $27B, EasyFi provides ... smart contracts will provide credit scores for prospective lenders and ...
12 hours ago

 

[Mary Muse]

Either way, I'm still involved in defi names and have enjoyed following the posts here.

I've had some recent (low) offers on Defi // Domains..

The exact term is already registered in ~10 extensions, with at least one as an active site promoting ".defi domains"

As in every niche, some of you "get it" and have some great domains - and this market is just coming up. Cheers!

 

[DomainBarracksRob]

Either way, I'm still involved in defi names and have enjoyed following the posts here.

I've had some recent (low) offers on Defi // Domains..

The exact term is already registered in ~10 extensions, with at least one as an active site promoting ".defi domains"

As in every niche, some of you "get it" and have some great domains - and this market is just coming up. Cheers!

This month has started of Hot, and this year is going to be very interesting for this niche for sure.

 

[DomainBarracksRob]

Mark has gotten onboard with DeFi and robinhoods mess is also helping bring awareness


Decrypt
Mark Cuban: DeFi, Not Robinhood, Gives Money Back to Users
In a tweet thread on GameStop, Robinhood, and short selling, Mark Cuban made the case for decentralized finance.
17 hours ago

 

[garptrader]

If you have used 1inch Exchange you may be entitled to an airdrop of their token. I just discovered this last weekend and claimed mine. You have to pay a gas fee to claim but the token value is worth considerably more.

 

[DomainBarracksRob]

Show attachment 178596
Show attachment 178597Coinspeaker
BitMax.io Announced the Primary Listing of Yield App to Support DeFi Banking
BitMax.io Announced the Primary Listing of Yield App to Support DeFi Banking. Place/Date: - December 15th, 2020 at 10:29 am UTC · 2 min read. Contact: ...
3 weeks ago

https://www.yield.app/

Site looks great and first thing you see in big bold letters is :
D/e/F/i Banking In You Pocket

 

[DomainBarracksRob]

https://www.yield.app/

Site looks great and first thing you see in big bold letters is :
D/e/F/i Banking In You Pocket

Your* Pocket

lol my speed typing on mobile is hedious, I swear I’m not illiterate

 

[NickB]

Interesting.......

"Ditto has announced Opulous, a peer-to-peer platform to help increase artists’ access to capital without the need for traditional institutions such as banks.

As a global music distribution and record label services company, Ditto has processed more than $1 billion in royalties to date.

Now the company is rolling out a decentralised finance (DeFi) offering backed by music as an asset class. Opulous will function as a loan pool that artists can borrow from and also contribute towards."

https://www.musicweek.com/digital/r...finance-solution-for-streaming-artists/082500

"Opulous has already raised $1.5 million in its seed round of funding, including support from Borderless Capital, TrustVerse, Somesing, BASIC, and Kosmos Capital, with Elastos confirmed as one of the first staking partners"

 

[Woke Monkey]

Interesting.......

"Ditto has announced Opulous, a peer-to-peer platform to help increase artists’ access to capital without the need for traditional institutions such as banks.

As a global music distribution and record label services company, Ditto has processed more than $1 billion in royalties to date.

Now the company is rolling out a decentralised finance (DeFi) offering backed by music as an asset class. Opulous will function as a loan pool that artists can borrow from and also contribute towards."

https://www.musicweek.com/digital/r...finance-solution-for-streaming-artists/082500

"Opulous has already raised $1.5 million in its seed round of funding, including support from Borderless Capital, TrustVerse, Somesing, BASIC, and Kosmos Capital, with Elastos confirmed as one of the first staking partners"

I’ve been reading up on this today.

By using music royalties as an asset, Opulous will provide loans and financing to artists, without the requirement for banks.

Really interesting and very disruptive project.

 

[Axc]

DAO Maker platform managed to stake 100 Million for Seascape SHO

 

[NickB]

Jus got the below email from Kraken.......

Hi Nick,

The rise of Decentralized Finance (DeFi) has not only brought a newfound wave of innovation to the broader crypto ecosystem, but also the opportunity for savvy investors to generate staggering returns.

Like all markets, especially those in a state of adolescence, DeFi’s reward isn’t without its risks. After all, depositing assets in internet protocols is not the same as placing money on a trusted exchange or a bank.

With this in mind, Kraken Intelligence, our team of in-house research experts, has published their second report in a multi-part “Crypto Yields” series. This time around, the team analyzed the makeup of DeFi lending to help market participants navigate this exciting digital asset sector, offering a digestible and comprehensive assessment of the associated counterparty risk, the expected returns, the liquidity, and the variety of ways DeFi can help you earn on your assets.

One of the most vulnerable attack vectors is price manipulation - an area we explain in great detail in this report. To further transparency and security with these platforms, Kraken has also released the Oracle, a utility that verifies data used to price DeFi contracts.

By downloading this report, we anticipate you will have a greater understanding of how DeFi markets work, the unique market dynamics of DeFi lending, why DeFi is a promising and rapidly growing part of the industry, and the risks innate to DeFi.

We cover the following opportunities and risks:

• Smart Contracts – As human written code is prone to errors, hackers and malicious actors can take advantage of poorly written code. To mitigate these single points of failure, participants and lending platforms can be proactive in analyzing and managing their level of exposure to such risks.

• Collateralization – Lending in decentralized finance is only as strong as the source of the liquidity. In times of volatility, liquidity is often put to the test. When market activity picks up, price can fluctuate wildly or funds may not be accessible. To prevent such scenarios, many loan providers are taking proactive steps with overcollateralized loans and dynamic interest rates.

• Counterparty – One way to determine the level of trust the market has placed on a counterparty is by comparing prices on different platforms. Once you identify the risk premium associated with a particular platform, you can decide if continuing to use it is in your best interest.

• Governance – The entity who sets the rules of the platform has a great deal to do with the associated risks. The Maker and Synthetix Foundations are two examples of central structures who through their tokens have transferred power democratically to their respective communities. Changes to the system are now voted on by the community to decentralize the risks of their platforms.

• Liquidity Pools - Price discrepancies in automated market maker exchanges are attractive to arbitrageurs seeking to buy up the difference. That difference eventually creates a permanent loss once the liquidity is withdrawn. Stablecoins have become an attractive solution for these pools as there is less volatility among prices.

Report link: https://kraken.docsend.com/view/dg34s3izvsbfa9uh

Not had a chance to read it yet - will do tonight........

 

[TSL]

Cbd/DeFi.com

really like this name, let's see..

 

[domvault]

Is it worth registering cefi domains ?

 

[NameFu]

Is it worth registering cefi domains ?

Nope!

 

[NickB]

Institutions are moving away from centralized to decentralized solutions - so Defi over Cefi for me......

 

[BRDavid08]

what about OPFI?

 

[capiche]

what about OPFI?

DeFi and OpFi terms came about at almost the same time. DeFi won.

You’ll occasionally see a reference to Open Finance, but it’s not the industry chosen term.

DeFi is all over the place.. news, TV, social media, etc

 

[Domainsyrup]

I have a pending sale for De-fi.ch

 

[NickB]

I have a pending sale for De-fi.ch

Hope it goes through and you let us know the price

 

[NameFu]

I have a pending sale for De-fi.ch

Congrats! I knew you would have a sale soon... You've got some good ones!

 

[vincew]

DeFiMojo.com

 

[NickB]

CoinDesk
Options Protocol Brings 'Insurance' to DeFi Deposits on Compound - CoinDesk
A company called Opyn is bringing trustless insurance to the Compound

DeFi Options Protocol Opyn Raises $6.7 Million

The popular DeFi options protocol has closed a $6.7 million Series A funding round. Funding was led by crypto investment firm Paradigm.

https://cryptobriefing.com/defi-options-protocol-opyn-raises-6-7-million-in-funding

 

[DomainBarracksRob]

Bitcoin News
Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform – Bitcoin News
Ditto has unveiled the latest addition to its service lineup for musicians with a blockchain-based financing platform named Opulous.
1 day ago

https://opulous.org/

The Former CEO of Sony Music is listed under ADVISORS .......

 

[NickB]

Show attachment 181531Bitcoin News
Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform – Bitcoin News
Ditto has unveiled the latest addition to its service lineup for musicians with a blockchain-based financing platform named Opulous.
1 day ago

https://opulous.org/

Ditto indeed.......look halfway up this page

 

[DomainBarracksRob]

Ditto indeed.......look halfway up this page

LMAO...yes I missed that one some how.. Ditto!!!. I just gave you your thanks!

Well please allow me to comment now lol!

This is pretty freaking cool!

You see my edit and who listed on advisors?