Many do not understand how big DeFi can be. The money locked into protocols is growing along with that in applications tied to smart contracts.
In this video I discuss how DeFi is going to be integrated into everything along with the idea of tokenization. It is truly a transformative combination.
▶️ 3Speak
this is unrelated.. but... I just started using inji.com to interact with hive.. it is pretty cool, and a little different than peakD.. on here, when you make a comment it give you two options to check, one is about rewards, and the other is about storing the content on the blockchain.. its pretty cool having the option/ability to not feel like im clogging up the chain and causing a burden, but still able to get rewarded for commenting and engaging..
Maby that is only when interacting with content that was posted via inji, because I dont have that ability with this comment. anyways, its cool to use new stuff haha
Posted via inji.com
Is that possible? Not posting the comment to the Hive blockchain, but still getting rewarded for it by the Hive blockchain? I am not an expert, but probably not.
In the last sentence, I started questioning what I was saying too.. I think that its only posts that are made via Inji.
Anything is possible, if your contract is smart enough.. or you have enough middle men.
It will be with the ceramic accounts that SpkNetwork is bringing out.
I have no idea about Inji but I guess it is possible for a front end to opt to NOT send something to blockchain.
Posted Using LeoFinance Beta
Inji is a very innovative front end. It seems like an epicenter of experimentation.
That is good we need that on Hive.
Posted Using LeoFinance Beta
I do think Defi is going to be great and liquidity pools beat having an order book to go through. However, I still think the general trend of farm tokens tends to lead downwards. The sinks and use cases tend not to be enough to maintain their price.
Posted Using LeoFinance Beta
Depends upon what is being done with them. We will get some inclination with the path of Polycub.
Posted Using LeoFinance Beta
Where do these numbers come from? How do they prevent counting multiple times the same satoshi first in Bitcoin chain, then wrapped in WBTC, then used as collateral for something like DAI that's then pooled and staked for yield?
Bitcoin on the base chain is not DeFi so you dont count that.
And then when something is wrapped isnt isnt necessarily DeFi either until it is staked in a protocol or application. HBD liquid is not defi but savings is.
Posted Using LeoFinance Beta
I hope you are correct, and you probably are, but I am still surprised that the pHive-Polycub pair only attracted 40k USD into its pool. I was expecting at least 5 times that by now...
Maybe I have to give it some time...
Posted Using LeoFinance Beta
I am with you. I would have have thought there would have been a couple hundred thousand HIVE moving over. Perhaps the issue is that price of POLYCUB. That might change once the price starts moving up.
Posted Using LeoFinance Beta
Congratulations @taskmaster4450! Your post has been a top performer on the Hive blockchain and you have been rewarded with the following badge:
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
The current numbers you mentioned are already big and as you said will get even bigger in the next 15 years. How I wish many Hivers will be included in that $40T run. Longing to see DeFi taking over our current financial system.
On a side note, I am not sure if this dream is realistic, to see people cease buying the idea of economic and financial inclusion sold by politicians. The track record shows that they do the exact opposite. Some are now hopeless after seeing the outcome of yesterday's election here in the Philippines. I even read about someone contemplating migrating to another country. Just waiting for my chance to share that there is no need for that for one can choose to live outside the system by becoming part of a digital nation like Hive.
Posted Using LeoFinance Beta