Sublime
An inspiration engine for ideas
Today, I had the opportunity to present #DeFi and @compoundfinance to the @federalreserve staff.
Eventually the banking system will run on shared, open ledgers.
Each day, we get closer. https://t.co/1UuXWQPEV0
It took me 4 minutes to borrow $505,000 against my crypto portfolio on AAVE
They don’t know my name, my job, my credit score, my income, my race, my address, my nationality, nothing
There’s no way to be discriminated against
Defi is the future
WealthSquad Chris 🌴x.comWhat is DeFi?
> Borrow money without a bank (Maker)
> Trade stocks without a broker (Uniswap)
> Launch ETFs without a sponsor (Enzyme)
> Raise money without a VC (token sale)
> Print money without a central bank (Olympus)
James Wangx.comDeFi De-Fi is the branch of Web3 that is pushing the boundaries of financial services by making them more inclusive, secure, and decentralized. The primary objective of De-Fi platforms is to remove all middlemen from financial services and transactions.
Vikram Aditya • DeFi, dApps and DAOs: The Key Differences
DeFi refers to “decentralized finance,” an effort to transform the financial-services industry by making transactions faster, cheaper, and more secure.
Jay Drain Jr • Web3 Starter Pack
1. Convert ETH to stETH
2. Deposit into AAVE (4.5% APR)
3. Borrow USDC (2% APR)
4. Buy house
Your net interest rate is negative so your down payment is effectively self repaying.
Nat Eliasonx.com
Introducing The Degenerator.
Spin up a new #DeFi project in as little as 5 minutes! https://t.co/qpiod6uqSf