Learning about DeFi

  • 0 Followers

Highlights

our lawyers came to a consensus that there would be no way to avoid securities status for bond and share tokens
Questions to Explore
  1. How much does high eth gas price contribute to the high returns in yield farming? If so, what happens when this is no longer the case? What happens when eth moves to proof of stake?

Highlights

Liquidity providers deposit funds into a liquidity pool. This pool powers a marketplace where users can lend, borrow, or exchange tokens. The usage of these platforms incurs fees, which are then paid out to liquidity providers according to their share of the liquidity pool.

Main risk called out is the locked cryptos going down in value. So E's solution to this is to use 2 stable coins.

Highlights

Yield farming is a high-return, high-risk strategy to reap crypto gains. Some of the risks are technical, including smart contract exploits or transaction mistakes. Funds locked in a yield farming protocol are not guaranteed. When the coin or token is in a highly volatile pair, the yield farmer may end up losing funds, and only hope for a market recovery to recoup the loss and return to profitability.