/r/defi

Photograph via snooOG

News, articles and discussions about decentralized financial protocols on any blockchain

Decentralized Finance (DeFi) is an ecosystem of various cryptocurrencies, tokens and dApps such as Maker, Compound, Aave, Uniswap etc.. that allow the user to participate in non traditional financial markets. These protocols are giving greater financial freedom to people all around the world.

Most DeFi dApps are currently built on Ethereum, but other blockchains such as Polkadot, Cardano, and Avalanche promise to expand the scene and make it even more accessible, and profitable for the average person.

/r/defi

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1

Jupiter’s Mission and Meow’s Vission

PS: This is my first time creating a lengthy thread for I don’t know what reason. Please bear with me… please don’t flame me…. 😄

Hello, beloved Founders, Team/Moderators, Cats working groups, LFG Candidates, Catdets and Of course the ZER0B0IS of Jupiverse and you anons who might be joining us soon! I’m Br0x, a wanderer who found a home here as a proud zer0boi/catdet, and I love to larp in unexpected ways. 😸

Today, I want to share some thoughts on Meow’s vision for JUP, the ethos that drives us, and how we can all bring this vision to life through PPP in the world of Jupiverse.

Jupiter’s Ethos: Continuous Growth and Active Participation

At the heart of Jupiter’s ethos is a commitment to continuous development, unlimited iterations, and an active, engaged community. This means we’re always evolving, learning, and welcoming new ideas that push us forward. While each catdet and community member enjoys having fun, staying curious, and helping others, we’re also here to make a real impact. With every action, we’re shaping the future of the Jupiverse together.

The Role of PPP in the Jupiverse

Player Pumps Player (PPP) is crucial to our ethos because it creates an environment of mutual support and trust. When trust thrives, we’re able to move beyond competition (PvP) to true collaboration. PPP is more than just a philosophy. It’s a framework that guides us in building a cohesive community where everyone’s contributions are amplified by the support of others.

With the right mechanisms, communication, and safeguards, PPP transforms the Jupiverse into a place where each member’s success fuels the growth of the whole. We’re building a highly collaborative community, working together toward a decentralized meta. This shared purpose makes the journey rewarding.

The Meaning Behind Jupuary

Jupuary is more than just a name; it’s an embodiment of Jupiter’s values. Inspired by JUP CATS PIE, introduced by Meow in his Genesis post, Jupuary reminds us that every member deserves the same nurturing care as a well. A loved cat. Meow got inspired by a cat being fed, groomed, and cared for. Meow envisions JUP’s governance in the same way, where everyone in the Jupiverse feels supported, valued, and at home.

Jupuary is our time to reflect, engage, and contribute to the growth of the Jupiverse, embracing JUP ethos of continuous improvement.

Growing the Meta: Empowering Every Member

One of the core principles of Meow’s vision is to Grow the meta. Extending our reach, strengthening our influence, and empowering every community member. The recent DAO initiatives and grants to contributors like Jussy and Fabiano (shoutout to my brothers!) reflect this ethos in action. Together, we’re building the Jupiverse as a force within the crypto landscape, bringing everyone’s strengths together to shape something bigger.

Looking Forward: Why Jupuary and PPP Matter

For me, Jupuary is a time to reflect on JUP’s growth and future. Reading through Meow’s vision and seeing our PPP mindset in action has shown me how we’re each a part of a larger story. Jupuary is our chance to be more than passive members; it’s a call to embody PPP, support one another, and actively shape the Jupiverse.

I shared some early thoughts in my Jupuary Insight, where you can check out more of my journey. I’m just starting. https://x.com/zxc0xbr_/status/1851642555940913508?s=46

Growth is inevitable.

Growth is inevitable, but it won’t happen without each of us pitching in. If you’re reading this and you’re already an active member, you’re part of this movement. The Jupiverse is expanding every day, and every action we take big or small it strengthens Jupiverse. If you believe in JUP’s potential, I encourage you to share your ideas, help onboard new members, and contribute in any way you can.

Together, ZER0B0I and CATDETS continue to grow the Jupiverse, live out Jupiter’s ethos, and make PPP our core strength.

#J4J #PPP #JUP #JUPIVERSE #JUPisHOME #JUPISMEME #M0CKJUP #ZER0B0I

0 Comments
2024/11/02
03:19 UTC

2

What does everyone think of jarivs / Angle (jEUR / agEUR)

I came across some Aerodrome pools of stable coins having over 150% APR.

jEUR/USDC
jEUR/agEUR

I'm liking the TVL, but I wanna know how this sub also feels

1 Comment
2024/11/02
02:31 UTC

0

help me understand PYUSD on solana

Today, I've borrowed PYUSD on kamino then I used it to buy back 1 SOL on jupiter when the market was quiet volatile and transactions were failing all the time only for PYUSD -> SOL but I just did it yesterday. I was able to swap some SOL for anything else but I couldn't swap my PYUSD for a SOL.

And now on kamino, I'm far from reaching my max LTV, I should be able to borrow 300$+ still but when I borrow PYUSD, it tells me there is only 10$ or 11$ available and sometime 300$+. It looks like there is no problem with USDC or USDT. So something is going on with PYUSD on solana idk.

PYUSD is the largest stable lended and borrowed on kamino and has as much TVL as on ETH approx.

At the end, I succeeded borrowing more PYUSD but, could this come from too much market activity or something else ?

2 Comments
2024/11/01
22:20 UTC

0

Is there some 200 IQ way to cancel out JEUR from JEUR-EURC JEUR-EURA pools?

almost everybody will remember a math lesson where they show you "ab=ac, we cancel out both a's and therefore b=c". Well, on Aerodrome the quite solid EURA and EURC coins are paired with the mad JEUR, usually for a decent yield but right now incentivized to the moon. I can "smell" there must be some way to make this yield less dependent on JEUR, either as single-sided EURC let's say, or as something akin to EURA-EURC. I don't think we have "single side as a service" yet on DeFi, but is there some high IQ play to minimize the havoc that JEUR might bring to these pools?

1 Comment
2024/11/01
17:59 UTC

11

Tokenizing the Physical World

Real World Assets (RWA) refer to the digitalization of physical or traditional financial assets, enabling them to be traded through blockchain technology. These assets can range from real estate and artworks to securities and bonds, offering broader portfolio diversification and making these investments more accessible.

RWA Inc. aims to create a secure, transparent, and accessible investment platform by digitalizing (tokenization) traditional assets. The platform’s mission is to allow individual and institutional investors to access assets such as real estate, artwork, and bonds through blockchain technology in a secure and efficient manner, bringing a new perspective to investing by prioritizing transparency and security.

RWA Inc. is strategically positioned to reach a large investor base in the rapidly expanding global RWA market. The market value of tokenized real-world assets is anticipated to reach trillions in the coming years. Aware of this growth potential, RWA Inc. aims to establish itself as one of the leading platforms in the RWA space. By offering high liquidity, reduced transaction costs, and broad accessibility, RWA Inc. presents an attractive choice for both individual and institutional investors.

The company seeks to capitalize on this potential, enabling more investors to access RWAs through the cost and accessibility advantages of tokenization. With these benefits, RWA Inc. aims to secure a prominent position within the expanding market of tokenized assets, driven by blockchain technology's unique capabilities.

Click here to visit the official address of RWA Inc.

13 Comments
2024/11/01
11:38 UTC

3

Anyone doing yield arbitrage?

Trying to figure out if it's worthwhile to arbitrage yield. Anyone here do it? Any tips or pitfalls to watch out for?

Right now, on AAVE, you can borrow LUSD at 6.30%, swap to GHO, and supply at 8.38%, giving you a yield of 2.08%. Is this something that's worthwhile?

8 Comments
2024/11/01
01:37 UTC

0

Why GHO slipping

Why is GHO just below parity and slipping? AAVE seems like a solid project. What's wrong with GHO?

2 Comments
2024/11/01
01:21 UTC

8

You’ll never guess who is the most profitable company per employee in the world

Tether, the company behind USDT just reported $7.7B consolidated profit in 2024 and the crazy part is that they have just around 100 employees. That’s $70M profit per employee, far more than any company out there.

https://cointelegraph.com/news/tether-record-q3-profits-earnings-rise-2024

0 Comments
2024/10/31
23:33 UTC

2

Trading tokenized assets (stocks, indices, commodities) on chain ?

Hi l, does anyone know of any decentralized exchanges where you can trade stocks, commodities and indices futures? I remember a long time ago there used to be Mirror protocol on Terra, however, I haven't seen anything since? Thanks!

4 Comments
2024/10/31
18:50 UTC

2

We made a guide on setting up DeFi alerts in Discord (without the expensive bots)

We kept hearing from folks who were either:

  • Paying way too much for Discord bots
  • Trying (and failing) to code their own monitoring solutions
  • Manually checking protocols and missing important moves

So we put together a quick guide showing how to set up free alerts for any smart contract activity using Dispatch (that's us!) and Discord.

We use Velodrome's router contract on Optimism as an example, but you can track any contract on ETH, Arb, Base, OP, or Polygon. Takes about 5 mins to set up and zero coding needed.

Guide shows you how to monitor:

  • Liquidity changes in real-time
  • Token swaps
  • Custom contract events
  • Really any on-chain activity you care about

Check it out if you're tired of missing DeFi moves: https://blog.esprezzo.io/discord-alerts-how-to-set-up-a-24/7-defi-activity-monitor

Happy to answer any questions in the comments!

0 Comments
2024/10/31
17:38 UTC

2

DeFi L1 Protocol Concept. No Gas Fees. No Decentralisation Loss. Thoughts?

I am a backend dev working on DeFi projects. Recently, I shared my thoughts on L1 DeFi protocol over in «cryptotechnology» community and got a lot of valuable feedback. But I believe there is no such things as "too much feedback". So I’d be glad if you join the discussion.

Here basic thoughts on the protocol concept.

  1. There is no need in classic smart contracts agility. Soft that meets DeFi requirements could be predetermined and integrated into basic node software. If the soft is predetermined, then we can control total system load. If system load is predictable we have no need in gas concept.

  2. This protocol configuration could have several transaction types to make fees chargeable just those ones which are useful. For instance, place order txns and cancel order txns should be free for user, while trade txns should contain fees.

  3. Different txns types allows to bring various powerful features, including on-chain order books, agile debt instruments, move contracts, on-chain ETFs, etc. 

DeFi specific L1 protocol demands txns pools are being synced up among nodes at any given moment of time. Otherwise, either speed or trades execution reliability losses are inevitable. Unfortunately network latency is not on our side. it brings us to consensus architecture. 

Let’s put a roles system here. We could grant the Leader role to one of the node holders and transition it randomly among participating nodes over time. The Leader produces blocks.

The other nodes become Auditors. To motivate Auditors lets make each node holder provide security deposit. If any Leader’s misbehaviour occurs, the first Auditor reports it earns the Leader’s security deposit and the network accepts Auditor block.

To prevent "pay-to-win" behaviour let's make txns fees flat. And to encourage one to become a node holder in such circumstances let’s distribute transactions fees among node holders evenly. To make an economic sense out of it, let’s limit the number of node holders participating in fees distribution at a given moment of time. The limit should depend on protocol trade activity: higher activity — higher the number of participants.

So this is it. How do you feel about this concept? I am building a prototype now, so any constructive criticism is much appreciated 🙂 

3 Comments
2024/10/31
14:41 UTC

0

Solana staking rewards

Why Stake Solana (SOL) on Centralized Exchanges (CEXs)?

For those looking to stake SOL, CEXs like Binance, Bitget, and Bybit can provide an added layer of security. Using these platforms reduces exposure to the private key risks and phishing threats that are common on DEXs. Some exchanges also offer saving or auto-restaking options, allowing users to reinvest their rewards for compounded earnings.

APR (as of Oct 30):

  • Bitget: 30.15%
  • Binance: 10.45%
  • Bybit: 7.79%

That said, nothing is ever 100% risk-free—even CEXs have their vulnerabilities.

What do you think? Do you prefer the security of a CEX or the control of a non-custodial wallet?

1 Comment
2024/10/31
11:02 UTC

4

Is there a way to borrow a large sum on DeFi?

Hi all,

info about me: I‘m currently looking to buy a home since I‘m renting the whole time and would like to live in my own home long term. I‘m working full time, but me and my partner simply can’t afford to buy a normal 70-80 square meters condo in the city where we live. Despite that, we started checking the market and it’s really depressing. All the prices for condos are around 800.000 Euros - I checked all the possible mortage offers, but they are not good - rates are around 4% and we‘d have to pay off around 3500€ monthly for the rest of our lives.

To cut it short: we can‘t afford it.

Since the rates in the banks are so high, is there a way to borrow this large sum of money (probably in USDT) and buy a home with it? How exactly will it work? I can’t borrow against my crypto, because I only have around 16 ETHs left somewhere on my wallet.

Does DeFi offer better rates? How would it work? How do I pay back the borrowed USDT?

Please don’t make fun of me for being so ambitious - owning a home in my current city is really my dream, but with a normal full time job I just can’t afford it and I‘m not one of the persons who are going to inherit a house or a company. I‘m simply looking for opportunities.

26 Comments
2024/10/31
10:16 UTC

3

Stable coin yield

What is the safest platforms to deposit stable coin and earn yield? Want to put in there and no need to worry about risk of losing

18 Comments
2024/10/31
10:12 UTC

4

Low USDC APY on Base???

I been tracking my Aave-Base USDC position and it has consistently been ~3% supply APY which is historically lower. Even Moonwell was displaying negative borrow APY for USDC/Base.

Any insights to why the supply side is so dominant/borrow side is so weak? any insights to explain this wld be much appreciated🙏

7 Comments
2024/10/31
04:32 UTC

11

New to DeFi — where to start?

Hey guys, I’ve been in crypto for about 2 years and am just touching base on DeFi. I understand the simple stuff like lending and borrowing protocols, but LP’s forget about it. I’ve been hearing impermanent loss and would love for someone to explain that to me lol

Or anything else you’d suggest learning about as a newbie in the space

38 Comments
2024/10/31
02:33 UTC

0

The Transition from Web2 to Web3: Could Blockchain Payments Finally Be Simple?

I recently came across Fuse Network, a platform that’s been around for a while with the goal of making Web3 payments as seamless as traditional transactions. For businesses, it’s a practical way to create affordable loyalty programs. For newcomers, its account abstraction offers a smooth experience. Projects like Voltage Finance and GoodDollar on Fuse show how accessible blockchain can drive financial inclusion and commerce. Their token recently launched on Bitget—if you hold ETH, you can even lock in rewards with PoolX!

Are you into DeFi? I’d love to discuss the Fuse blockchain with you and hear about similar projects you’ve explored.

0 Comments
2024/10/31
01:52 UTC

3

In hopes of finding a community of people to help me carry out my education based DAO vision

Hello all! DAOed is an online platform that will offer free blog posts, news articles, and information on the DAO industry as well as certificate programs where users can build and solidify their knowledge on the topic. We aim to collaborate with DAO development agencies, DAO governance services, and other organizations shaping the industry to shape an experience of learning to building. The goal is to become the go-to resource for aspiring DAO organizers and members, providing the foundational training needed before stepping into their new roles. This DAO education platform is meant to fulfill the needs of starting or building on your fluency in blockchain and DAO operations. There is an increasing need for literacy of new technology to make yourself stand out professionally; we believe we can create an environment of support and provide valuable experience and knowledge through top-tier online certifications and up-to-date news and resources. I am looking to collect individuals who are very passionate about the future of DAOs and believe in the possibility of mass adoption. I also value the goal of increasing access to education and creating solutions that uplift people of all social statuses. please PM me if you're interested or have questions.

Thanks!

0 Comments
2024/10/30
23:57 UTC

4

How to minimize impermeant loss in liquidity pool?

If I do not materialise my lose in liquidity pool when out range, is there any tactics or advise that can share here? Lets say SOL/USDC, if I set the range 170-180, and if it fell to 160, I must ensure the mid point of the price range is 175 so that my pool size would be around the same when price jump back to 175?

3 Comments
2024/10/30
23:28 UTC

1

Cetus vs Pangolin

I wanted to get your insights on these two DEXes. Which one do you think will do better this bull run and why?

I looked at DefiLama and Cetus on SUI network has nearly 200 million TVL, whereas PNG on Avalanche has nearly 10 million TVL. The current trade volume today is about 17 million for Cetus, while it's just under 1 million for PNG. Cetus has 319 million coins in circulation out of a total supply of 500 mill. On the other hand, PNG has 218 million in circulation out of a total of 538 mill. PNG has been around for a couple of years and Cetus is just getting started. That said, PNG is more accessible to retail as it's on Coinbase. Taking everything into account, should Cetus ideally perform better? Or does PNG have the edge? Which one would ideally be the better investment? Any metric I missed?

0 Comments
2024/10/30
19:17 UTC

6

Where do we go from here with DeFi? I am exploring beyond just TVL

With October showing promising growth in TVL, especially for emerging chains like Sei and Base, I’m curious: what comes next? TVL is just one metric, but how do we go beyond just counting dollars locked up? I’ve been thinking about scaling solutions like state channels and more advanced Oracle implementations to handle real-time data and reduce on-chain congestion. Is anyone here experimenting with similar approaches or exploring new use cases?

9 Comments
2024/10/30
13:22 UTC

3

Best pool for USDC >20%

Hello, after researching for some time, I found that the best pool to get yield on USDC is on harvest finance: USDC Moonwell on Base. It gives over 20% right now, far better than any other pool elsewhere.

Are there other platforms with same or better rates than harvest finance ?

28 Comments
2024/10/30
12:44 UTC

0

How to get out of BSc in a safe way?

I'm looking for a safe way to get funds out of binance smart chain without going through binance due to widthrawal limits. Any ideas?

8 Comments
2024/10/30
12:22 UTC

4

Cheapest and safest way way to swap ETH<> BTC

After today's inpennation of BTC price I would like to rebalance my portfolio by swapping some BTC for ETH, I still believe a lot in the potential of ETH, and for me this slow climb is a bullish signal and I would not want to miss it.

Any advice where to swap my BTC to ETH.

In the past I have often used sideshift.ai or simpleswap.io but the fees are a bit high, does anyone have any efficient solutions?

15 Comments
2024/10/30
07:36 UTC

0

Loss protection programme is back!

The same rules applies ↔️ If your trade wins, you win. If it doesn’t, you still get a share of the prize pool!

🗓️ 28 Oct - 13 Nov, 2024

Trade perps knowing that you're covered.

0 Comments
2024/10/30
03:15 UTC

0

PT mETH from Mantle is live on Nitron!

This means you can use PT mETH as collateral to borrow other assets! This is the first Pendle asset to be listed in the Cosmos ecosystem and it will definitely not be the last 😏

mETH is a yield bearing ETH token you receive when you stake ETH on Mantle. In Pendle, mETH can be split into two tokens, PT and YT. A PT (Principal Token) represents the underlying asset's principal, with a fixed APY and redeemable at maturity. Finally, you can lend your PT mETH on Nitron.

0 Comments
2024/10/30
03:12 UTC

1

When do you think we get back to 2021's defi TVL ATH?

It peaked in November 2021 around $180B and today it's a little under $88B and before that it peaked around $108B in May 2024.

* numbers from defillama

4 Comments
2024/10/29
23:59 UTC

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