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Defi?
#11
(2020-02-23, 09:37 AM)Carsten Wrote: Pooltogether is in there. Did you win the lottery? I did not.

No I didn't win.
That's how a lottery works. Chances are little, but I stay in it because it costs nothing and you can't loose your money.
What is this thing that builds our dreams, yet slips away from us?

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#12
(2020-02-22, 06:09 PM)Hugues Wrote: Junior, I promissed you to post about DEFI when I find more.
Here is some more info on DEFI:
https://coinsutra.com/top-defi-apps/

https://coinsutra.com/defi-wallets/

Also Ripple is entering the DEFI world:

https://dailyhodl.com/2020/02/21/ripple-...ereum-eth/

Nice thanks for keeping me updated!
Adopting the future, while it unfolds - Junior
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#13
(2020-02-23, 02:52 PM)Junior Wrote:
(2020-02-22, 06:09 PM)Hugues Wrote: Junior, I promissed you to post about DEFI when I find more.
Here is some more info on DEFI:
https://coinsutra.com/top-defi-apps/

https://coinsutra.com/defi-wallets/

Also Ripple is entering the DEFI world:

https://dailyhodl.com/2020/02/21/ripple-...ereum-eth/

Nice thanks for keeping me updated!

Welcome.
What is this thing that builds our dreams, yet slips away from us?

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#14
Junior,
Yet another DEFI project. To me it looks OK.
https://www.dharma.io/how-dharma-works
What is this thing that builds our dreams, yet slips away from us?

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#15
There is a lot of attention about DEFI lately.
The internet and financial website are full off articles about it.
I believe it is an emerging new business.

https://medium.com/aaxexchange/defi-101-...066fa682fe
What is this thing that builds our dreams, yet slips away from us?

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#16
(2020-02-26, 08:28 PM)Hugues Wrote: There is a lot of attention about DEFI lately.
The internet and financial website are full off articles about it.
I believe it is an emerging new business.

https://medium.com/aaxexchange/defi-101-...066fa682fe

Ah...please note that it's Defi and not Divi (https://diviproject.org/) which is another project
Cardano is the most promising 3 gen. crypto right now.


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#17
Having read the links, it seems a bit strange to me, I assume I am missing something! With any financial product there is a risk element - you may die, the house might burn down, your car could be stolen etc. Now when I have insurance I expect, without doing any checks, that the company I use will be able to pay out should it be required. It must evaluate the risk in taking my business.

How does Defi properly assess that risk and what guarantees are there that I will get my payout when worst case happens?
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#18
(2020-02-27, 12:19 PM)BobBobert Wrote: Having read the links, it seems a bit strange to me, I assume I am missing something!  With any financial product there is a risk element - you may die, the house might burn down, your car could be stolen etc. Now when I have insurance I expect, without doing any checks, that the company I use will be able to pay out should it be required.  It must evaluate the risk in taking my business.

How does Defi properly assess that risk and what guarantees are there that I will get my payout when worst case happens?

Regarding insurrance via DEFI, I don't know yet how it works, but I am sure there is some good system behind it.
I will try to get some more info about that.

Regarding the lending system it is clear.
If you need for example $1000, you can get them, but you have to lock an amount of DAI or SAI or some other stablecoin. This is the guarantee.
You can be assured the inventors and developers of DEFI systems have made so that there is a guarantee of no loss.
What is this thing that builds our dreams, yet slips away from us?

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#19
(2020-02-27, 09:12 AM)Carsten Wrote:
(2020-02-26, 08:28 PM)Hugues Wrote: There is a lot of attention about DEFI lately.
The internet and financial website are full off articles about it.
I believe it is an emerging new business.

https://medium.com/aaxexchange/defi-101-...066fa682fe

Ah...please note that it's Defi and not Divi (https://diviproject.org/) which is another project

What do you mean about Divi? We are talking about defi here? Smile This whole thread is about defi (decentralized finance)
Adopting the future, while it unfolds - Junior
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#20
Yes as I said don't think Defi is the Devi project.....it's two different projects.
Cardano is the most promising 3 gen. crypto right now.


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