Discover and read the best of Twitter Threads about #deforex

Most recents (2)

Cool for DeFi users! But the real deal is bigger!

@paraswap's API will allow jFIATs to be integrated everywhere.

I have been in touch with custodial wallets, OTC desks/brokers, and entrepreneurs from Africa and Europe for a while now. This is what they were expecting!

1/7
For me, the end goal of what we do at Jarvis is to become the backbone of on-chain stablecoin liquidity, thanks to our 0-slippage on-chain Forex market #deforex #defx.

Whether it is through our #PLAAS program which helps other stablecoins with their peg and liquidity ...

2/7
... or directly through our own protocol, Jarvis will be playing an important role in swapping fiat stablecoins for other stablecoins or for other crypto-assets.

3/7
Read 7 tweets
Some people are asking me what would happen to @Jarvis_Network if stablecoins become heavily regulated and/or if non-KYCed wallets become impossible to use for normies?

Worry not! DeFi has 2faces:

1. user-facing dapps, powered by protocols.
2. backend for finance.

⬇️⬇️

1/9
What I will say applies to other protocols, like @AaveAave or @Uniswap for example.

2/9
Let's say that it becomes impossible to interact with DeFi without KYC; teams providing UI, wallets, dapps browser etc. are targeted, CEXes forbid withdrawing crypto to non-KYCed addresses etc.

User-facing applications would take a hit. BUT...

3/9
Read 9 tweets

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