Crypto and Defi Explained
Crypto and Defi Explained
Everyone everywhere is trying to get active yield from their passive assets. It’s one of the most beautiful things about Defi. The first platforms to offer this were straight lending platforms like Compound. They established the pattern of overcollateralization, liquidation mechanisms, and variable rates based on pool utilization. However, who was borrowing, what were they …
I have been a long time skeptic of game item NFT’s. This is coming from someone that has spent thousands of hours across almost every genre of game. I’ve heard arguments that sovereign ownership of items is going to revolutionize the industry but if a game client just decides to ignore a given NFT the …
It’s been roughly 3 months since I posted this. It’s been a turbulent 3 months. So, how are we doing on my 100B prediction from 2019? USDC: 144% 4.1B -> 10.8B -> 26.4B USDT: 49%% 21.2B -> 41.8B -> 62.5B DAI 73% 1.2B -> 3B -> 5.2B Certainly, the downturn has slowed adoption but we …
I wanted to provide a bit of a homework study guide to direct your efforts if you are keen to learn something. Here are the must know questions you should research the answers to if you plan to control your own address: 1) What is a public key and a private key? How do you …
This is going to be a rant about revenue. When I write about PE (price/earnings), all the work goes into calculating revenue. I’d like to discuss some of the choice points I have made deciding what counts as revenue in my PE calculations using examples from the ecosystem. Does all protocol revenue count or only …