🔥 TOP Crypto TIPS In My Newsletter 👉 https://man.coinbureau.com/signup/
📲 Insider Info in my Socials 👉 https://man.coinbureau.com/socials/
🛒 Binance 20% Fee Discount 👉 https://man.coinbureau.com/binance/
👕 My Merch Store 👉 https://retailer.coinbureau.com
📺 Useful Vids 📺
DeFi Vid 👉 https://www.youtube.com/watch?v=Vq1bxcoW1jQ
Synthetix 👉 https://www.youtube.com/watch?v=ZebUggLSYg4
UMA 👉 https://www.youtube.com/watch?v=4-o18tHLwm4&t=2s
Solana 👉 https://www.youtube.com/watch?v=FbCUHBhf-rU
Cosmos 👉 https://www.youtube.com/watch?v=x1gnWnyxLNE
Injective 👉 https://www.youtube.com/watch?v=jEU0rW2YELg
– TIMESTAMPS –
2:33 What Happened
5:57 How DeFi Solves It
19:30 Final Thoughts
⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️
Robinhood Capital Raise: https://techcrunch.com/2021/02/01/robinhoods-long-weekend-brings-a-total-of-3-4-billion-to-its-balance-sheet/
DTCC Clearing: https://weblog.robinhood.com/information/2021/1/29/what-happened-this-week
Synthetix Exchange: https://synthetix.change/#/
Injective Protocol: https://injectiveprotocol.com/
🤔 Why DeFi? 🤔
The most essential factor to grasp about Defi is that it is decentralised.
Another time period for that is “permissionless”. Moreover, as a result of it is constructed on a public ledger, it’s utterly clear.
DeFi is ruled completely by code. The guidelines of the code are clearly outlined and open for everybody to see. It’s additionally open 24 hours a day, 7 days per week and each single day of the yr.
There are various totally different use instances for Defi. These vary from lending to porfolio administration and buying and selling on Decentralised Exchanges (or DEXs).
1️⃣ Synthetix 1️⃣
Synthetix is a decentralied artificial asset issuance protocol that was constructed on the Ethereum protocol. This mainly signifies that customers are in a position to mint artificial representations of actual world property as tokens which monitor the worth of mentioned asset 1 for 1.
A easy instance of this could be the sUSD token which is designed to trace the worth of the US greenback one-for-one.
What’s actually fascinating about Synthetix is that you may create these token derivatives on various actual world property as properly. These embody the likes of different fiat foreign money, commodities, indexes and naturally – equities.
What’s even higher about that is that these are ERC20 tokens. This signifies that they are often taken off on the Synthetix change and held in your personal pockets
2️⃣ UMA 2️⃣
UMA permits its customers to create trustless contracts on something that has a worth. These are all enforced via immutable sensible contracts that reduce using off chain oracle worth feeds.
The protocol permits two counterparties to construction a commerce with out the necessity for any form of clearing home or change. The sensible contracts will robotically modify the margin of every celebration.
You can simply construction these based mostly on share costs. You might create your personal bespoke choices contracts for instance with outlined payouts.
3️⃣ Serum 3️⃣
Serum is a decentralised derivatives change that’s constructed on Solana.
So, by being constructed on Solana, Serum might maybe be one of many the quickest and most cost-effective DEX protocols but.
The Serum DEX at the moment options round 30 totally different cryptocurrency markets, all which commerce in opposition to both USDT or USDC.
While these are cryptocurrencies, anybody can create their very own market on Serum. It’s utterly permissionless.
It’s all hypothesis on my half although, however I’d like to see tokenized equities traded on Serum.
4️⃣ Injective Protocol 4️⃣
The Injective Protocol is a decentralised by-product change that’s constructed on Cosmos.
Injective is a layer 2 cosmos zone and therefore doesn’t need to put up with the congenstion that different Ethereum based mostly Dex’s do. Hence, it is a lot quicker, extra effecient and cheaper.
It’s a Dex protocol that may permit customers to commerce spot, swaps and futurs in a very permissionless means.
Injective is maybe the most recent Dex protocol on this listing and as such, they’re nonetheless in Testnet part.
They have already launched Equity contracts on the likes Tesla, Amazon and Gamestop. This is the primary Dex that I’ve really seen launching single inventory fairness contracts
📜 Disclaimer 📜
The info contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Trading Forex, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific final result.
#Robinhood #Stocks #Defi #synthetix #uma #Serum #injective