DeFi’s Base Protocol Layer

I view the DeFi (Decentralized Finance) ecosystem as a myriad of co-evolving protocols. In nature you have species forming symbiotic relationships and in most cases, resulting in a thriving community. This analog can be fittingly applied to DeFi as a whole. To illustrate, Sushi and yEarn recently announced a collaboration which would mutually benefit both protocols. In sum, Andre Cronje is leveraging the liquidity pooled on Sushi to build a derivatives trading platform dubbed Deriswap. Additionally, the two projects will adapt changes and connect treasuries to participate in each other’s governance processes.

This symbiotic interaction is not limited to these…


Photo by William Iven on Unsplash

There’s a quiet financial revolution taking place and most of the finance world remains oblivious to it. Essentially, we’re witnessing the building of a parallel financial system as the legacy system crumbles under the pressures of inflation. Decentralized finance (defi) has emerged at the perfect time to save humanity from the decades of poor monetary decisions made by the large banks. Many defi projects are hard at work building a more efficient, equitable, and accessible financial ecosystem. In this spirit, Cobalt Lend is pioneering a unique model to broaden access to capital.

Cobalt Lend aims to democratize finance by allowing…


My Defi Forecast

Cointelegraph

Introduction

DeFi (Decentralized Finance) tokens have under gone what many describe as a mania. Tokens like SNX and LEND at their peaks were up over 100x. The fabled 100x most retail investors chase and very few ever realize. Despite being early in the macro bull cycle, many market participants and observers believe we are witnessing the formation of a bubble. Some notable figures in the space expect the DeFi bubble to deflate and capital to flow back into legacy alts.

I’ll concede we may be witnessing the formation of a micro bubble. However, on the macro side I…


Sign up for a free weekly newsletter.

“Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure) but they are logically centralized (there is one commonly agreed state and the system behaves like a single computer)” -Vitalik Buterin

Introduction

Most people reading this are likely to know the basics of Digibyte (DGB). If this applies to you, please feel free to skip the introduction and go directly to the partnerships and investment prospect sections. As an added bonus, I’ll include my opinion about the origins of the recent 300% increase in DGB’s price. In…


“If you look at history, innovation doesn’t come just from giving people incentives; it comes from creating environments where their ideas can connect.“ — Steven Johnson

Middleware is the trojan horse.

Introduction

Currently blockchain based applications rely on centralized oracles to retrieve data from off-chain sources. The advantages brought by decentralization are thrown out the window when the data feeds rely on centralized oracles. This single point of failure has the potential to bring an entire application to a grinding halt. In response, the team behind ChainLink created a decentralized oracle network to provide a means for smart contracts to interact with off-blockchain data. This includes…


“Technology is an inherent democratizer. Because of the evolution of hardware and software, you’re able to scale up almost anything. It means that in our lifetime everyone may have tools of equal power.” — SERGEY BRIN

Photo by NeONBRAND on Unsplash

What is 0x?

In short, 0x is a decentralized exchange protocol designed and created to disintermediate the middle man. These days traditional brokerages have complete control over funds and can take unilateral action without consulting their users. Replacing intermediaries with a decentralized and distributed protocol can help resolve the short comings of a centralized exchange.

0x aims to create an ecosystem enabling users to trade various tokenized…


Some people refer to it as a movement and other call it a new financial paradigm or new digital economy. In short, DeFi stands for decentralized finance. This model entails creating financial instruments in a decentralized architecture, outside the control of centralized entities. Today DeFi is often used in the context of decentralized applications built on Ethereum called DAPPS. These applications typically consists of smart contracts, digital assets, and multiple protocols. A simple way to conceptualize DeFi is to think of it as financial software built on top of a blockchain.

Tokenset Portfolio

Why Should We Care? To do anything in traditional…


Turn your opinions into millions. Click Here for the video version of this article.

Imagine picking up a side hustle without investing massive amounts of time and working from the comfort of your home. Moreover, you get to monetize your interests. Bravo inches users closer to financial sovereignty by paying users to write reviews for just about everything. Users get paid to write reviews, curate existing reviews, and provide valuable insight with comments. As adoption grows, the Bravo platform is likely to add more monetization incentives. However, even in its current manifestation, Bravo is still leading the way in the…


If you are interested in a video format, check out this YouTube tutorial.

Photo by Artem Beliaikin on Unsplash

I am always on the prowl for ways to earn “sats” through my normal, everyday purchases. In my recent Medium publication, I outlined my method for earning up to 66% cash-back on coffee purchases with the Cash app. In this article I will reveal my strategy for earning upwards of 20% cash back by stacking a few apps. This option is great for both Bitcoin stackers and non-coiners alike.

At the minimum, I strongly recommend everyone to download the Fold app. You will earn a respectable percentage…


Photo by Kelly Sikkema on Unsplash

Being an avid coffee drinker, I was lured in by Cash’s app because of its lucrative discount on all coffee purchases. By using Cash’s free debit card, you will get a $1 dollar discount off any coffee shop purchase. For the purchase to qualify you must spend at least $1.50 per transaction. As long as the transaction occurs at a coffee shop you will get your $1 dollar off the purchase price. I know what you are thinking, what if I buy a pastry instead? Fortunately for you sugar junkies Cash does not discriminate. You will still get your $1…

CryptoOneStop

Newly minted programmer, crypto maximalist, keto diet adherent, polyglot, part time swing trader, political scientist, PharmD, writer for Altcoin Magazine.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store