Dan Elitzer, investor at IDEO CoLab Ventures, and Will Price, data scientist at Flipside Crypto, discuss the yield farming craze. In this episode, we cover:
the goals of protocols offering liquidity mining
the goals of users yield farming right now
whether users of Compound will have much awareness of COMP in the future
how Compound is trying to dampen inorganic activity and properly align incentives
how incentives in one DeFi protocol can screw up another’s such as changes in Compound’s liquidity mining program causing Dai to lose its peg
whether the activity created by liquidity mining is sustainable and how
whether Compound is overvalued and how to determine valuations for DeFi tokens
the security risks that come with trying yield farming
how teams can keep their protocols safe given the composability of DeFi and the growing number of developments in the space
whether the yield farming craze will cause the price of ETH to rise and why the prevalence of stablecoins might prevent that
whether new DeFi tokens could push flagging layer 1s out of the top 10
what will happen if even more Bitcoin comes to DeFi
how the next big thing in DeFi might be trying to stack yield across protocols and eventually prime brokerage protocols
Thank you to our sponsor!
Crypto.com: https://www.crypto.com
Episode links:
Dan Elitzer: https://twitter.com/delitzer
IDEO CoLab Ventures: https://www.ideocolab.com/ventures/
Will Price: https://twitter.com/will__price
Flipside Crypto: https://flipsidecrypto.com
Total value locked in Compound: https://defipulse.com/compound
What liquidity bootstrapping pools are: https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4
Dan on earning more from borrowing USDT than lending it on Compound: https://twitter.com/delitzer/status/1272642107128164354
Tony Sheng on how yield farming works and how much you can earn from it: https://twitter.com/tonysheng/status/1274393189231689728
And his followup on the risks of yield farming: https://twitter.com/tonysheng/status/1274780457729617920
The purpose of COMP for governance: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3
https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36
Risks of so much BAT being held in Compound: https://twitter.com/spencernoon/status/1276897377446776832?s=20
https://twitter.com/defiprime/status/1277026665952980992?s=20
https://twitter.com/devops199fan/status/1274732220192829441?s=20
Cyrus of MakerDAO concerned about the risks COMP poses to the Dai peg: https://forum.makerdao.com/t/upcoming-comp-farming-change-could-impact-the-dai-peg/2965
Dan Guido and Taylor Monahan on Unchained discussing DeFi security: https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/
Twitter discussion on whether ETH price will rise due to yield farming: https://twitter.com/RyanSAdams/status/1274781676875452421
What will happen to other Layer 1s? https://twitter.com/Shaughnessy119/status/1274376237239189504?s=20
Aquaponic yield farming: https://bankless.substack.com/p/aquaponic-yield-farming
THIS way
Hello everyone
Today introduce Goat farming kerala details
This farming business is started with low investment.
Farming
Agriculture
Your enquiries:::
How to start farm
How to start farming business
how to start agriculture business
How to start goat farming
Goat farming kerala
How to start goat farming business in kerala
how to start farming with no money
how to start a small farm for profit
money making agriculture business ideas in india
New business ideas in kerala
small farm income ideas
organic farming
profitable hobby farm ideas
#how. #farm
As to the hype on Defi, read this: "Crypto lending’s going to end badly whilst crypto bros learn that libertarianism in finance doesn’t actually work and regulation exists in “traditional finance” for a very good reason. It’s pathetically predictable." https://twitter.com/mikekelly85/status/1289062182123180032
So much pessicism in this comment section.
What I'm seriously wondering is, can I get out from under my bank? Can I somehow transfer the remainder of my mortgage for a fixed rate that is less than what I'm going to be paying overall.
For maths, I'm looking at under 4% for roughly 150k for 22 years left on my loan.
Is this too early and risky of a stage for defi? Even breaking even through the years would really make me feel better than giving banks more power for fractional lending.
Something similar to a down payment? Like leverage 20k on a fixed rate to borrow against and keep paying down to not get liquidated on?
I came to the video because I saw one a few days ago and cant get the intro beat out of my head. She got me. Great videos though. I think you should have more viewers/subscribers with your knowledge and guests.
Bitconnect 2.0 here we go!
Would be nice if you can do a podcast on RUNE Thorchain(twitter @THORChain_org). Rune will be first to Defi Bitcoin. Does all the audits etc. Difficult to understand. Mainnet kinda soon. It looks like Rune will be a better model than Comp etc. In short, you ask the right questions to help people like me understand it all. Just finding someone to interview from Rune might be hard, still hope you do it.
To say yield farming is risky is such an understatement. A lot of people are going to get burned and everyone will be making surprised pikachu faces when all you have to do is use your brain.
Ethereum price is NOT moving bcuz of Future's Contracts!! Future's Contracts are designed to TAME the price.
Awwww
ആട്ടിൻ കാഷ്ഠത്തിൽ നിന്നു വരുന്നത് അമോണിയ എന്ന ഗ്യാസ് ആണ് അതുപോലെ മലബാറി ആടുകൾ വർഷത്തിൽ 25 കിലോ വരെ വളരും male ബ്രീഡ് 30ന് അകത്തു
ഞാനും വളർത്തുന്നുണ്ട്, എല്ലാവരും കൂട്ടാക്കി sahaayikkanam
Chetta number onnu taroo
Kurachu knowledgenu aanu
ആദ്യംമലയാളംപഠിക്ക് ലാഫമല്ല ലാഭമാണ്
ദൈവിക പരിവേഷം ഉണ്ട്,, പശു ഭക്തരുടെ കുഞ്ഞമ്മയാണ് ആട്,,,
മലബാറി ആട്ടിൻ കുട്ടിയെ എത്രരൂപവരും കൊല്ലത്ത് എവിടെ കിട്ടും
Good
വല്ലതും നടക്കോ,,,