One Coin to Rule Them All ... but, which one? 🤔
I'd worry more about certain protocols like Curve which are over-zealous of their governance and have mechanisms to block collective voters like PowerPool.
Good observation, the Curve community has been sort of split in letting other communities have voting power.
This is a clever idea, other projects from the ICO days have discussed issuing governance tokens, check out SelfKey .
Thanks for the tip, would be great if they do it. Launching governance tokens is a great way to give any project a boost. Aave definitely proved it.
Hard to keep up with everything happening everywhere in Crypto. I believe it would be useful for outreach for someone from the DeversiFi / necDAO community to list the achievements that were made possible through the launch of a DAO.
I mean, it'd be great but ... very few projects do that. Still ...
Withdrawals on your ETH address? How would you benefit from Monolith then? Monolith is just convenient way to spend your crypto. But you should take in consideration the fees for each transaction.
I think for any DeFi account, withdrawals are a valid function. For example, you may want to spend the outside of the credit card payment system. This is considered a withdrawal in these account systems. What we normally would call a transfer when using Ethereum directly like with MetaMask.
Understandably, $LINK predates DeFi, mostly. Their token came at a time of initial coin offerings (ICOs) when a lot of tokens had to built in an utility in order to raise funds.
There is a DIA space on snapshot.page with very few proposals. Seems rather new. They're not using the improvement proposals (IPs) convention found elsewhere in DeFi governance, though. I am not therefore sure this is an officially-sanctioned space or not.
I can see you manage the liquidity mining for $DF in stages (from looking at your Medium page). Do you have an emissions schedule? Perhaps not a sort of table with an exact promise of emissions but is there a set amount of $DF that is going to be given as liquidity mining rewards? Or, a deadline when $DF will no longer be handed as liquidity mining rewards?
From what I see from the dForce Whitepaper seems they forgot to include a maximum supply, or emissions logic or guidelines. Perhaps this information is elsewhere.
Don't get me wrong, I love your waifu-heavy marketing.
Well, it wouldn't be the first time there's a Chinese version of another blockchain project – take a look at NEO . However, it does seem like even though it may be easier to succeed in China by presenting a project as a Chinese-centric venture, it is harder to succeed in the long-term with the same approach. After all, the world is bigger than China.
I am sorry if this is a dumb question, I hope it is not a question you get a lot.
It looks like a monetary experiment in DeFi, but I could be wrong.
I was reading here that it might still make it.
I am not big into charts but from the fundamentals, it looks also like they could have touched their bottom. The percentage of locked has reached the magical "one-third". Since a lot of "yield-generators" are mining and dumping , this is a good bull sign.
This is definitely above my pay-grade but surely some people from Compound have done some number-crunching – either because they expect a windfall in liquidation fees, or because it could be a Black Swan type event that swallows the prices of "DeFi tokens", including .
Yes, the liquidity mining is still ongoing and will go on for quite some time, so the value of is very much at play
What started as PlutusDeFi has now materialized as ADD.xyz! Nice rebranding and re-launch in search of product-market fit.
One has got to ask ...
I love the article on the Rise of sUSD , it makes a powerful case for adoption, which is great, and I understand why that token would be the darling of Synthetix besides itself.
I think this is what brought the decay on the sCRV pool in Curve
. Expensive gas, which probably impacted the perception of usability of as well.
This seems like a very ambitious and well-backed supply chain traceability protocol. I am still unsure of how it fits in DeFi. The motto talks about open finance and the website has a section on DeFi but it keeps talking about supply chains.
Well, they have a liquidity mining program for the .
Serum is built as a collaboration between FTX, the centralized derivatives exchange, and the Solana blockchain, which is also financed by Alameda Research, FTX's holding company.
Lots of projects moving to Solana. Seems SBF has a hand in every part of DeFi. He's in a lot of multisigs of Ethereum DeFi projects, weird for a guy who has a CEX and sponsors a competitor blockchain network.
If you are familiar with Synthethix , I think Oikos seems pretty easy to grasp. Synthethix on TRON , a TronFi protocol, so to speak.
Well, it looks like they might not be with TRON for much longer. There is a pinned post on their Twitter and it looks like they are pretty pissed about performance issues in TRON.
I vividly remember the case of Harvest Finance ($FARM) where there was an exploit in the systems, using flash loans, and users collectively lost $25M. I was in another group where they were discussing if cover through Nexus Mutual purchased by the protocol, from treasury, would have covered every user who lost money.
Was it in the $PICKLE chat? I might have seen that too.
I am looking for the tastiest tokens to farm in peace. The value proposition here is both ambitious and doable. The marketing is impressive. However, I found this in the DeFi section so I was hoping it had some way for me to earn the token by providing liquidity. It seems like a project that could use a lot more liquidity. Does anyone know if they are planning to do a liquidity mining program? Even if it were a-la- where it is not really needed, it would definitely boost their presence in the Crypto space.
I noticed that your coin is backed by EOS (and/or BTC). In this way, it is somewhat different from dollar-based stablecoins in Ethereum. From my understanding, coins like and are actually backed by dollar reserves. What happens if the price of collapses? Sounds more like what Synthetix is doing in Ethereum.
Don't get me wrong, I love your waifu-heavy marketing.
The COTI website is quite vast and I got lost trying to get some information there.
They have a little more information on Reddit but I also didn't really see an answer to your question. Would be great if they could host an AMA and then we can keep the answers for posterity.
It is well-understood (although probably not well-known), that a lot of money used in liquidity mining throughout DeFi is actually leveraged or coming from borrowed funds. A lot of those funds are coming from Compound, where there is a risk of liquidation if the collateral suddenly drops. If an asset like $BTC is used disproportionally as collateral in DeFi, then the next time that the price crashes could cause a chain of sell-offs in DeFi. The riskier the DeFi project, the more likely liquidations are.
Maybe they desperately need this money to continue developing their protocol?
Maybe. Yet, Balancer has plenty of users, farmers, and products built on top of it. I am sure the community would have supported their fundraising. Of course, the VCs likely bought at below-market prices.
Well, this is odd.
Forgot about protocol? It was said to be the Chainlink competitor but it's been silent and token price rekt.
's big bet is Cosmos but as Cosmos "stalls", they just keep losing ground.
