- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
You guys ready to learn about Decentralized Finance (DeFi) yet?
Posted on 1/28/21 at 6:35 pm
Posted on 1/28/21 at 6:35 pm
Powered by Chainlink
quote:
Decentralized Finance (often referred to as DeFi) is a growing movement around recreating common financial instruments from traditional finance using decentralized back-end infrastructure. Thus, rather than needing centralized entities to facilitate the movement of financial markets, users can access, trade, and lend assets using open-source software running on decentralized networks. The result is self-running P2P financial markets based around transparency, open access, and data-driven automation.
8
Posted on 1/28/21 at 6:38 pm to CE Tiger
Well Wall Street will never let this happen.
Posted on 1/28/21 at 6:39 pm to jlovel7
Wall Street won't have a choice. They can't pull the plug on it
Posted on 1/28/21 at 6:39 pm to jlovel7
That’s the point. There is no middle man like Wall Street that can do anything about it.
Posted on 1/28/21 at 6:40 pm to CE Tiger
Thanks for the link. What are your top Defi cryptos you're holding for life changing gains? I own LINK, ETH and DOT. Missed out on AAVE.
Posted on 1/28/21 at 6:40 pm to goodgrin
I only hold Link. Others are great but they are nothing without Link.
Posted on 1/28/21 at 6:41 pm to CE Tiger
if you like that you’ll love SQ
Posted on 1/28/21 at 6:42 pm to CE Tiger
As if BTC and crypto didn't already have a bullish environment, this could be the catalyst for new highs IMO.
Posted on 1/28/21 at 6:43 pm to cgrand
Have you missed that fedgov has the full support of isps, intel and big government to shutdown things just like this?
Wall Street didn’t funnel all that cash to Joe and his backers to let this happen.
Wall Street didn’t funnel all that cash to Joe and his backers to let this happen.
Posted on 1/28/21 at 6:45 pm to CE Tiger
So basically going back to holding stocks in certificate form, except that the certificates are digital and easily divisible?
Posted on 1/28/21 at 6:45 pm to CE Tiger
So has anything progressed with "DeFi" in the more than a year since the article you linked was first published?
quote:
16 January 2020 / Education
Posted on 1/28/21 at 6:46 pm to cgrand
quote:
if you like that you’ll love SQ
DeFi is just one use case of Chainlink. There are literally hundreds of other use cases that will make this the top crypto currency.
Here’s some starter articles to begin to learn
What Is Chainlink in 5 Minutes
77 Usecases for Chainlink
Hell just read the whole website
Posted on 1/28/21 at 6:46 pm to LSURussian
no. defi is a mess right now and fees are already extremely high
it's not ready for critical mass at all. would be a complete disaster
it's not ready for critical mass at all. would be a complete disaster
Posted on 1/28/21 at 6:47 pm to LSURussian
Posted on 1/28/21 at 6:48 pm to LSURussian
quote:
So has anything progressed with "DeFi" in the more than a year since the article you linked was first published?
It went from under 1 billion locked in defi contracts to about 30 billion
Posted on 1/28/21 at 6:49 pm to rocket31
quote:
defi is a mess right now and fees are already extremely high
There’s easy ways to do it without paying high gas fees with apps like Celsius and the APYs blow away any banks .
Posted on 1/28/21 at 6:50 pm to CE Tiger
That's impressive growth.
Posted on 1/28/21 at 6:51 pm to rocket31
This is all true but Synthetix is moving to layer 2 soon and they are setup perfectly to benefit from stock censorship
Posted on 1/28/21 at 6:52 pm to LSURussian
That’s what she said.
Posted on 1/28/21 at 6:53 pm to CE Tiger
Ssshhhh Not yet I’m still stacking sats for cheap baw
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News