/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

130,097 Subscribers

2

Passive income and liquidity pools

Having a passive income of around 40% annually by providing liquidity in liquidity pools—is this feasible during bear markets? I’d like to know if anyone here has been providing liquidity for a longer period and has experienced both bull and bear markets. How were you able to maintain the income?

2 Comments
2024/11/27
10:24 UTC

2

ARB or BASE?

In the context of which would get me higher yields when using stablecoins to lend out, also which ecosystem in general would be best? I'm curious to hear your opinion on the pros and cons of either L2 :)

17 Comments
2024/11/27
10:01 UTC

2

Crypto Eth Defi Banana

Hello. I am doing a finance student and recently got assigned a project to select a defi token and I selected Banana Gun. Could you help me with these 4 questions (parts a-d):

  1. Discussion of Token's Narrative

a. What is the token, what does it do? Give me the "Elevator Pitch"

b. What "problem" does the protocol solve? i. Try to be as general as possible, big picture. ii. Also try to be as specific as possible.

c. What "product" does the protocol provide? i. Remember, Bitcoin Miners produce "blockspace". What does your protocol sell?

d. Why are you interested in this token?

1 Comment
2024/11/27
01:02 UTC

5

What do you think about cod3x and the team behind it?

I guys I find this protocol cod3x and I'm wondering if it's bringing something interesting or new?

On top of that what do you think about the team? I used to use reaper.farm long time ago and bought some oath during their ico and of course got reckt. So, am I unlucky or miss the opportunity?

5 Comments
2024/11/26
23:48 UTC

2

GameFi in 2024: Key Trends, Technologies, and Market Growth

"Over the past few years, the GameFi market, which combines elements of gaming and finance, has been experiencing rapid development. In particular, according to a report by Business Research Insights, the global GameFi market was worth $18.49 billion in 2024 and is expected to reach $126.17 billion by 2032, growing at a CAGR of 27.13% over the forecast period. Among the main factors that contributed to this growth are the development of the  blockchain industry and the popularity of cryptocurrencies.

GameFi continues to evolve, and new trends in Web3 game development are shaping the future of this intersection of gaming and  blockchain technology. In particular, in 2024, the following trends influenced the development of the market:

Expansion of the Metaverse

The metaverse concept gained a lot of popularity in 2024, and GameFi was at the epicenter of this expansion. More and more platforms are integrating metaverse elements into their ecosystems, offering gamers the opportunity to immerse themselves in a virtual world where they can be rewarded for their participation. 

In 2024, several GameFi projects launched meta-platforms, offering players a wide range of activities, from virtual real estate development and commerce to social events. Many of these platforms support asset interoperability, which allows the use of NFTs and other digital objects in different games and on different platforms. For example, Decentraland and The Sandbox create realistic virtual worlds where users can interact, play, and trade assets.

The Rise of Tap-to-Earn Models

The launch of mini-apps on the TON blockchain has certainly revolutionized the GameFi industry. DApps on the TON blockchain, running on platforms such as Telegram, provide users with a gaming experience without the need to download or install software. In particular, such applications have popularised the Tap-to-Earn gaming model. Such games are accessible and easy to play, in which users are rewarded for simply touching the screen. A prime example is Notcoin, one of the first T2E games that has soared to the second position among the leading gaming tokens by market capitalization, with a market cap of over $1.6 billion. "

What do you think guys the future holds for GameFi as it continues to integrate blockchain, metaverse, and etc?

The article

4 Comments
2024/11/26
22:00 UTC

2

Could Thena revolutionized DeFi liquidity on the BNB Chain

Could Thena's strategy aims to create a more balanced ecosystem where liquidity is driven by actual market demand rather than scheduled emissions, revolutionized how we view deFi? Is obvious that projects like Balancer and Uniswap have similar features to Thena. Balancer, for instance, allows for customized liquidity pools with multiple tokens, aiming for high capital efficiency similar to Thena's concentrated liquidity approach. Uniswap V3's concentrated liquidity model has been a benchmark for innovation in AMM design, which Thena has adapted for the BNB Chain. However, Thena's inclusion of social trading aspects with ARENA and its focus on being a comprehensive DeFi "SuperApp" makes it unique. It offers a more holistic approach not just in liquidity provisioning but also in user interaction and engagement. Could this holistic approach revolutionized DeFi on the BNB Chain by becoming the benchmark?

Recently, some users were airdropped Thena ($THE) tokens through the Binance HODLer Airdrops program while the project also airdropped users that have been dedicated to their ecosystem. $THE which was listed on Bitget today and scheduled to list on Binance and some other exchange on tomorrow 27th.

1 Comment
2024/11/26
19:28 UTC

3

Borrowing USDC against USDT

Hello there,

Aave (on optimism network) currently lets me borrow USDC for around 5% apy, and I can supply USDT for 10% apy.

Am I missing something?

Surely borrowing USDC to convert it to USDT and supplying it won't be an infinite money glitch. Where's the catch?

9 Comments
2024/11/26
18:56 UTC

1

Want to build a startup

I want to build a DeFi platform can anyone help here with roadmap and where should i conduct market research

8 Comments
2024/11/26
05:49 UTC

3

Tokens collateralized

I want to list some tokens collateralized by other tokens, but I can't find them in bulk, I have to look up the protocols that created them. Does anyone know where to list and update them in bulk?

For example, in the case of eUSD, it will be collateralized by DAI, USDC, USDT. It was find in reserve protocol

2 Comments
2024/11/26
03:53 UTC

2

Exploring the Future of Decentralized Finance: How Web3 is Revolutionizing Startups

Blockchain technology and Web3 are reshaping industries, unlocking unprecedented potential for innovation and growth. In this post, let’s dive into how startups are leveraging these technologies to drive impactful solutions and create a decentralized future.

What Makes Web3 and Blockchain a Game-Changer for Startups?

Web3 brings decentralization to the forefront, empowering startups to:

  • Cut out middlemen: Enabling direct user interactions via smart contracts.
  • Boost transparency: Leveraging immutable blockchain ledgers for trust-building.
  • Unlock token economies: Offering new ways to raise funds and incentivize stakeholders.

Spotlight: Innovative Blockchain Startups Driving Change

Here are some examples of startups harnessing the power of blockchain:

  1. [Name of Startup A]: Decentralizing healthcare data for privacy and security.
  2. [Name of Startup B]: Building decentralized marketplaces for freelancers.
  3. [Name of Startup C]: Tokenizing real estate for accessible investments.

Why Web3 Startups Are Thriving

  • Enhanced User Control: Web3 prioritizes user data ownership and privacy.
  • Global Access: Decentralized networks eliminate geographical barriers.
  • Interoperability: Seamless integration across dApps drives innovation.

How to Start Your Web3 Journey

  • Explore decentralized finance (DeFi) platforms to understand blockchain applications.
  • Learn about smart contract development with tools like Solidity.
  • Join communities like defi to stay informed and collaborate with innovators.

Join the Discussion

What are your thoughts on Web3 startups? Have you encountered any groundbreaking projects recently? Share your insights and let’s discuss how blockchain is shaping the future of innovation!

2 Comments
2024/11/25
18:28 UTC

52

Top AI Crypto Coins?

AI is leading the charge in the current bull cycle (inevitably with the memes). As blockchain technology matures, the integration of AI with blockchain solutions is unlocking massive potential. Personally, I’ve been tracking AI-related crypto projects closely, and this cycle feels like their moment to shine.

Here are some standout projects that could dominate this bull run:

• Near Protocol (NEAR): With its groundbreaking Nightshade sharding, Near ensures unmatched scalability and efficiency. This makes it a prime platform for AI-powered dApps, enabling seamless data sharing and decentralized computation.

• Fetch. AI (FET): A decentralized marketplace for AI services where agents negotiate, collaborate, and exchange value autonomously.

• Morpheus Network (MNW): Streamlines global trade with AI integration, optimizing supply chains and reducing costs.

• SingularityNET (AGIX): A decentralized AI marketplace connecting developers and users, democratizing access to cutting-edge AI services.

• The Graph (GRT): Provides developers with fast, efficient access to blockchain data, a crucial component for AI applications.

AI and blockchain together are reshaping the landscape of technology. Which other projects in this space are worth exploring in this cycle?

40 Comments
2024/11/25
15:31 UTC

4

I am working on the Dex and building the UI as of know , as of now i am looking for new way to trading the tokens which is more optimal and low slippage , less probability of having a impermanent loss , as of now i am just using the 0x api for the swap but i will build this features

I am currently working on a decentralized exchange (DEX) and focusing on building a user-friendly UI. My primary goal is to explore new and efficient ways of token trading that ensure optimal performance with low slippage and reduce the risk of impermanent loss.

Right now, I am leveraging the 0x API for token swaps, which provides excellent support for liquidity aggregation and optimal trade routing. However, my future plans include developing innovative features, such as advanced slippage protection mechanisms, impermanent loss mitigation strategies, and potentially incorporating dynamic fees or insurance models to enhance the trading experience

By focusing on these improvements, I aim to create a DEX that ensures a smooth and efficient trading experience for all users.

If someone from you connect looking for frontend web3 developer i can be that to build

github: sammed-21

2 Comments
2024/11/25
06:51 UTC

0

Crypto currency market Anaylsis Cardona is Outperforming??

Cardono anaylsis and overall crypto market anaylsis showing how in the long term we are bullish and how Cardono is outperforming SUI and Sol.

8 Comments
2024/11/25
00:52 UTC

7

Borrow ETH against BTC

Historically, ETH is always in the downtrend against BTC.
Is it a good idea to use BTC as a collateral to borrow ETH?
Why is nobody talking about it?

24 Comments
2024/11/24
22:42 UTC

2

Folks Finance - Invalid number of inner transactions

I am trying to deposit some USDC but I get this error message: "Invalid number of inner transactions".

What does it mean?

Has anyone else encountered the same problem?

1 Comment
2024/11/24
18:26 UTC

3

Weekly DeFi discussion. What are your moves for this week?

What are you building or looking to take a position in? Let us know in the comments!

15 Comments
2024/11/24
16:30 UTC

3

Careful with staking sites. Warning about Honeyfarm staking

They discontinued their site And my wallet on there is frozen. They still tweet through their honey farm finance account and will not respond. Total crooks

3 Comments
2024/11/24
08:59 UTC

2

ORAI/ETH Liquidity pool

Anybody in this LP and why would be good or not to join it? Looking for recommendations.

1 Comment
2024/11/24
02:24 UTC

4

What’s the best way to swap XRP for USDT using defi?

Looking to swap some xrp for stable coin like usdt or usdc using defi or even a non KYC platfor. Can anyone could recommend the best/cheapest way to do with with no kyc?

14 Comments
2024/11/23
22:38 UTC

3

The Role of Blockchain in Expanding Global Business Development

🌍 Blockchain is breaking down international barriers and providing businesses with new opportunities for expansion.

Here's how blockchain is enabling global business development:
1️⃣ Cross-Border Payments: Blockchain ensures fast and secure international transactions, reducing delays and costs.
2️⃣ Decentralized Marketplaces: Open up new avenues for businesses to sell goods and services globally without relying on intermediaries.
3️⃣ Global Compliance: Blockchain simplifies regulatory compliance, making it easier to navigate different laws across borders.

How are you seeing blockchain impact global business development in your industry? Let's dive into the potential of blockchain to create a borderless economy! 🌐

2 Comments
2024/11/23
19:03 UTC

2

Reference token for transaction fees on AAVE (optimism/arbitrum chain)

What is the reference token for transaction fees in AAVE on Optimism? Eth or Op?

Same question for Arbitrum. Eth or Arb?

Moreover, what is the cost for lending? Cents or dollars? Thanks!

8 Comments
2024/11/23
15:10 UTC

4

Transaction stuck on limit on dexhunter. Can't cancel it. Shows error.

The error that pops up when I try to cancel. "The order can be already cancelled or filled. If the issue persists please try to cancel on a dex or contact support."

Don't bother sending me pms I will not respond.

4 Comments
2024/11/23
10:21 UTC

9

Is pancake swap token dead?

I mean, why would anyone buy it? Why would anyone stake it when the current APR IS 0,74%? What happened?

29 Comments
2024/11/22
17:37 UTC

7

Join the DeFi Revolution with Alpha Drop App - Beta Testers Wanted!

Hey Crypto Enthusiasts and DeFi Pioneers,

Are you tired of the noise in the DeFi space? The constant barrage of fake KOLs promoting the next big scam? Bots flooding your DMs with unrealistic promises? Well, it's time for a change, and we're here to lead that change with Alpha Drop App.

What is Alpha Drop App?
Alpha Drop App isn't just another DeFi tool; it's a movement aimed at cleaning up the crypto ecosystem. Our app is designed to empower users by providing:

  • Transparency: Say goodbye to hidden fees and unclear terms. Alpha Drop ensures every transaction is clear and straightforward.
  • Security: With state-of-the-art security protocols, your assets are safer than ever. We're cutting down on scams and rug pulls by integrating robust verification processes.
  • Community-Driven: Unlike platforms where decisions are made behind closed doors, Alpha Drop is about community governance. Your voice matters in shaping where we go next.
  • Innovative Features: From yield farming to liquidity staking, but with a twist that beats the bots at their own game. Our algorithms are designed to detect and mitigate bot activity, ensuring a level playing field.

Why We Need You
We're at a pivotal moment where your input can significantly shape the future of DeFi. As beta testers, you'll:

  • Test and Provide Feedback: Use the app in its early stages, report bugs, suggest features, and help refine the user experience.
  • Be Part of the Movement: This isn't just about testing an app; it's about being part of a community that's committed to a scam-free, bot-free crypto environment.
  • Early Access: Get first dibs on all new features, tokens, and possibly exclusive rewards for your contributions.

How to Get Involved

  • Join Our Telegram: This is where the magic happens. Discussions, updates, and direct lines to the development team.

Why It Matters
The crypto space has been plagued by issues that deter new users and frustrate veterans. With Alpha Drop, we're not just offering another DeFi product; we're building a community that stands for integrity, transparency, and genuine innovation. Imagine a DeFi platform where the community itself is the biggest advocate against scams and fake KOLs. That's Alpha Drop.

Make a Difference
By joining us now, you're not just getting early access to an app; you're helping to forge a new path in DeFi. Together, we can make crypto a safer, more reliable place for everyone.
Are you ready to be part of this transformative journey? Let's clean up DeFi together!
Join us, let's make some noise (the good kind)!

6 Comments
2024/11/22
12:04 UTC

1

i am frontend web3 developer are you looking for developer here i am , i can integrate the frontend with smart contracts and build user friendly interface.

StakeX Application | Next.js, TypeScript,Wagmi, TailwindCSS,Solidity,foundry, Ether.js, Github github / sammed-21/stakeX

• Developed StakeX, a decentralized application (dApp) where users can stake tokens and earn rewards in return.

• Built an intuitive and user-friendly interface, providing clear visuals to help users easily navigate and understand the staking process

Scatch-Book Application | Next.js, Redux-Toolkit, Typescript, TailwindCSS, Express.js • Real-time drawing and collaboration web app where users can draw, save, and collaborate with friends.

8 Comments
2024/11/22
08:01 UTC

26

What Do You Think of Grayscale's Portfolio in Decentralized AI?

Grayscale has increased its portfolio allocation to NEAR Protocol by 2%. As shown in the breakdown below, this represents their investment in decentralized AI:

Grayscale Decentralized AI Portfolio

  1. Near Protocol (NEAR) - 30.23%
  2. Bittensor (TAO) - 23.07%
  3. Filecoin (FIL) - 18.14%
  4. Render (RENDER) - 15.7%
  5. The Graph (GRT) - 12.86%

Source Grayscale

What do they know that we don't?

14 Comments
2024/11/22
07:58 UTC

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