Blockchain defi

1. Defi, also known as open finance, refers to the financial application ecosystem created with the help of blockchain network (especially Ethereum)
users in the defi ecosystem have complete control over the assets and participate in the defi with the help of P2P network and DAPP
advantages of defi
the popularity of defi is inseparable from its unique advantages. Defi mainly includes:
1. Open loan agreement
compared with the traditional credit structure, open and decentralized loans have many advantages, including integration of digital asset lending, digital asset mortgage, real-time transaction settlement and novel secured loan methods, no credit check, standardization and interoperability. The purpose of secured lending using open protocols such as maker and Dharma is to rece the risk of counterparties without intermediation by relying on the minimum amount of collateral provided by Ethereum
2. Issuance platform and investment
famous securities issuance platforms such as polymath and harbor provide the framework, tools and resources for issuers to issue marked securities on the blockchain. They have prepared their own standardized token contracts for securities (i.e. st-20 and r-token), which are unique in terms of automatic compliance and customizable transaction parameters and can meet regulatory requirements. Similarly, they are integrated with service providers (e.g., broker dealers, custodians, legal entities, etc.) to assist issuers in issuing
3. Decentralized forecasting market
decentralized forecasting market is one of the most attractive components of open finance, which is highly complex but has great potential. August launched the anti censorship forecast market last year, and other platforms like gnosis began to follow suit. Forecasting market has long been a popular financial tool for avoiding risks and speculating on world events, and decentralized forecasting market can also do this
4 exchanges and open markets
exchanges in open finance mainly consider decentralized exchange (DEX) protocol and P2P market. First of all, DEX is a P2P asset exchange between two parties on Ethereum, in which no third party acts as an intermediary, such as coinbase or other centralized exchanges. DEX also uses some highly innovative methods to exchange tokens, such as atomic exchange and other unmanaged methods, to exchange one asset for another with minimal settlement time or risk. The most popular DAPP in Ethereum is the decentralized exchange IDEX. Although many "DEX" claim that they are indeed decentralized or unmanaged, be careful before using them. The P2P market on Ethereum has great long-term potential, and may eventually cover the market of local digital assets and marked real-world assets
5. Stable currency
stable currency is booming in the digital asset market by issuing warrants, auditing its reserves and managing its price linked new model. Stable currency is just a token issued by the blockchain, which aims to keep a stable link with external assets (mainly US dollars, gold or other assets). The stable currency of encrypted mortgage includes Maker & # 39; S Dai, where the underlying asset (e.g., ETH) is over mortgaged relative to the borrowing asset (DAI) according to the current mortgage rate. So far, stable currencies backed by legal tender are the most popular because of regulatory compliance and no audit risk, such as tether, usdc and Gemini dollars
disadvantages of defi
on the one hand, the development of defi is restricted by the performance of the underlying public chain. The current defi project is mainly built on the Ethereum network. At present, the performance bottleneck of Ethereum is relatively prominent, and there is still a long way to go to break through the bottleneck. Under such a situation, those projects with high performance requirements will be in an embarrassing situation. On the other hand, compared with traditional financial procts, decentralized financial projects are much more difficult to use and have higher cognitive requirements for users, which will also greatly affect the development speed of defi. In addition, the roller coaster like ups and downs of defi projects (sushi, yam, yfii, etc.) also make people wary of its security. How to continuously accumulate user trust is also the focus of attention in the future.

2. Pishon is a very large, real blockchain smart contract DAPP. All the program rules are deployed on the (wave field) public chain and cannot be tampered with by human

3. First of all, this hash change and digital signature is to record this transaction and publish it to the whole network. Then the previous transaction here is the previous transaction record of your transaction, because this is a distributed ledger, that is to say, everyone's transaction is well documented in this ledger

4. India bit focuses on the official quality maintenance. At present, it has won the official authorization of Shenma and Xindong. Avalon and yibit are also applying for the official authorization. They have five years of ant mining machine maintenance experience. Their team has more than 40 licensed maintenance engineers who have received the official training of mining companies. This kind of strength is very competitive in the mining instry, and the materials used for maintenance are all original materials, It will greatly rece the secondary failure rate.

5. The total circulation of qubu candy is 1 billion, and it will never be added. It can be said that every candy is worth cherishing. In the future, with the graal development and being known by the public, the value of candy will soar. Please save it
if it goes up to a few, it's worth it.

6. The simple formula is g / FN (g makes the object gravity, f is the pull of the rope, n is the rope on the moving pulley)

7.

Defi is the abbreviation of decentralized finance, which refers to rebuilding the ecosystem of protocols, platforms, applications and tools of traditional financial procts outside the traditional financial system

the defi solution is not provided by banks, but is built using open source software and non censored networks. As a result, the defi proct is essentially transparent and open to anyone who can connect to the Internet. Defi procts enable the world to participate in financial activities (such as consumption, borrowing, lending, gambling and trading) in a point-to-point manner without relying on intermediaries such as banks and governments

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the value of growth in the field of defi is more than 675 million US dollars, which is locked in the defi agreement. In the past 12 months, many people have been closely following the development of this field. Defi is becoming a parallel financial system with the traditional central bank, Santander bank, Deutsche Bank and pension funds

almost all the defi solutions are built on Ethereum, which is an open blockchain platform and the best in terms of development and active users

the defi solution is supported by blockchain technology, using the most powerful features of the technology: programmable digital assets, such as bitcoin (BTC) and Ethereum (ETH). These digital assets have monetary value, mainly because of the value storage characteristics. Because these assets are programmable, we can lock them into smart contracts as collateral (similar to home mortgages)

8. Pishon is OK. PIs miners enlarge their computing power by pledging pusd, which drives miners to participate in the initial asset synthesis of pusd

9. There must be risks. What kind of investment can be without risks, but the risk of Pishon platform can be reced to a small probability. The safety of cash in and out is also the reason for everyone to choose. It is fair, just and transparent