Alex, which one is no.1? Now, I am curious. Is this data also from the Cambridge study?

My understanding is that Uniswap and SushiSwap and countless other clones function on the automatic market maker (AMM) model which is based on a constant product formula to make a pool. This, traditionally, has not sat well with market makers because of impermanent loss (IL). However, in Ethereum, due to high transaction fees, operating a fully on-chain orderbook DEX was going to be a very slow, very expensive proposition. AMMs are cheap. With Uniswap proving the AMM model at scale, we can now see that retail is willing to take on IL as normally they wouldn't get to market-make as that is a sophisticated and competitive financial service.

I think you are right, Alex. Very well put.

That sounds interesting but also a bit confusing. So, it looks like OGN is a rewards token the user can also use for payments inside Origin apps, which are e-commerce things. Whereas OUSD is some sort rebasing-yieldcoin. Maybe at some point, if the Origin team is migrating to DeFi, they will launch a governance token for the $OUSD but at the moment we wouldn't add OUSD for the same reason we wouldn't add BUSD, HUSD, or the gazillion other stablecoins without decentralized issuance and governance.

Need to add $COMP for sure.

Staking? No, not really. If you mean like you can stake $DOT . $XTZ , or $ADA and get yield? I mean that's cool but it isn't DeFi. You're capturing the inflation and helping secure the network but you're not funding anything like a credit market, a swapping market, or an investment vehicle.

Here it is Yield Farming Concepts: Making Money with DeFi Basics .

As the author pointed out, the TVL numbers are still going up in DeFi. I am not sure the Historical In/Out of the Money considers the yield users receive as lowering their entry point in the positions. Maybe the indicator could use some tweaking to adapt to DeFi.

I think a lot of users confuse capital cryptoassets, like MTA , with currency like commodity-money BTC and utility-money ETH . Inflation is a monetary concept. The relevant concept for capital is issuance. Maybe Proof-of-Commitment is a wonderful technical solution, but it is focusing on the wrong issue.

Thanks for your kind words, JaGiC 😉. I've got to say it is like apples and oranges. Surely, lots of projects have a Telegram. It's a great way to stay connected, maybe raise an issue. I would say it is not a great channel to learn anything. Teams should know the limitations of their tools and channels. I hope it's only a minority of teams trying to do everything in Telegram (or even in Discord, which is a better chat option), but certainly, I've seen many teams overdo it.

Same as everything. Most people in the stonks also buy $TSLA and $AMZN and don't know the first thing about electric cars or e-commerce – they don't even know those stocks pay dividends, they just look at the price charts. 🤷🏻‍♂️ The point isn't much about the beliefs of the normies, but that the more savvy users understand they are participating in improving their lot, due to potentially increasing protocol fees and profitability.

Ha Ha so gangsta.

Hey, love it. I have mine and already quite fond of it!

We are releasing a few more videos and putting out DeFi articles into a collection. Do you hold some Crypto at the moment? Depending on what you own and your goals, there will be different options.

Tomorrow.

The arbitrage works like so. I think mStable could powerfully partner with Pickle Finance as both protocols benefit when the stablecoins are pegged, the mechanics could be complementary.

Beware of Blockchain fees

🤣

I want a full-feature Crypto bank but x/Wirex gets me no yield, x/Celsius-degree-token gets me no fiat, and x/Nexo gets me no card (despite the promises). I wonder who will offer the real deal first!

Hi Olivier, this is Manny from Holdex.

My portfolio these days only has Bitcoin and Ethereum.

Cool! I am in. Check your messages.