Discover and read the best of Twitter Threads about #flashloans
Most recents (8)
#GM!
1/ #Lending and #Borrowing (LB) are the most primitive financial services. We will discuss how #DeFi LB solves and enables financial inclusivity with transparency but still maintain #privacy.
#Crypto #Cryptocurrency #Bitcoin #Ethereum #ETH #BTC #AVAX #BNB #SOL #visualguide
1/ #Lending and #Borrowing (LB) are the most primitive financial services. We will discuss how #DeFi LB solves and enables financial inclusivity with transparency but still maintain #privacy.
#Crypto #Cryptocurrency #Bitcoin #Ethereum #ETH #BTC #AVAX #BNB #SOL #visualguide
2/ In traditional #finance, the intermediaries are appointed banks or financial institutions that act as the bridge between the lender and borrower. All of these services are strictly regulated and monitored by the central #banks.
3/ Despite already existing for a long time, LB in traditional #finance has a long-standing problem: non-inclusive, stringent procedures, arduous verification process, low rate and approvals, and non-transparency.
(1/11) $MPL
@maplefinance is a decentralized protocol for uncollateralized lending. It has grown from 0 to more then $500 million a little over 6 months.
An overview of the fundamentals, tokenomics and future of $MPL
👇👇👇
@maplefinance is a decentralized protocol for uncollateralized lending. It has grown from 0 to more then $500 million a little over 6 months.
An overview of the fundamentals, tokenomics and future of $MPL
👇👇👇
(2/11) Vision đź’ˇ
Current crypto lending protocols like @Compound and @AAve offer loans that must be fully collateralized. This means that the amount of money put in is equivalent or more to the amount of the loan.
Maple Finance is aims to transform that. ...
Current crypto lending protocols like @Compound and @AAve offer loans that must be fully collateralized. This means that the amount of money put in is equivalent or more to the amount of the loan.
Maple Finance is aims to transform that. ...
The protocol offers loans to credit worthy companies or projects. Starting off with crypto projects, but ultimately to any qualifying organization worldwide.
The vision is that anyone can start a pool. This enables expertise in a certain niche to start a pool. ...
The vision is that anyone can start a pool. This enables expertise in a certain niche to start a pool. ...
[#Thread] Après plusieurs jours d'expérimentation, c'est avec beaucoup de plaisir que je vous présente le projet @DefiKingdoms
Le coupable ? @DocMarmott
A cause de lui, j'ai été obligé de faire de la #DeFi, du staking, yield farming et #PlayToEarn... Voyons ça de plus près ⬇️
Le coupable ? @DocMarmott
A cause de lui, j'ai été obligé de faire de la #DeFi, du staking, yield farming et #PlayToEarn... Voyons ça de plus près ⬇️
J'en profite également pour faire une petite expérimentation.
Ce #thread sera donc considéré comme un #guide ultime et complet autour du #PlaytoEarn @DefiKingdoms.
Je pense même en faire un deuxième thread qui serait plus orienté suite à mes tests, résultats et avis. Let's go !
Ce #thread sera donc considéré comme un #guide ultime et complet autour du #PlaytoEarn @DefiKingdoms.
Je pense même en faire un deuxième thread qui serait plus orienté suite à mes tests, résultats et avis. Let's go !
@DefiKingdoms (DFK), c’est quoi exactement
DFK pour les intimes, c’est l’union d’un #PlaytoEarn et de la #DeFi.
Accessible sur la blockchain @harmonyprotocol ( $ONE ), c’est le mélange d’un jeu-vidéo et d’un DEX #crypto dans lequel de nombreuses interactions sont possibles.
DFK pour les intimes, c’est l’union d’un #PlaytoEarn et de la #DeFi.
Accessible sur la blockchain @harmonyprotocol ( $ONE ), c’est le mélange d’un jeu-vidéo et d’un DEX #crypto dans lequel de nombreuses interactions sont possibles.
📢 Aurora is Integrating @chainlink Price Feeds to Enable Rapid, #EVM-Compatible #DeFi Development.
aurora.dev/blog/aurora-is…
aurora.dev/blog/aurora-is…
Aurora is excited to announce that we are integrating the industry-standard #Chainlink #PriceFeeds into our turn-key, #Layer2 EVM solution for scaling the #Ethereum ecosystem.
data.chain.link
data.chain.link
🧲 The integration of Chainlink Price Feeds will allow developers to connect their smart contracts to high-quality, tamper-proof price data across a wide range of assets.
1/ We have been hard at work for some time now, & glad to share how far we've come with our amazing ecosystem partners. 🎉
🎖As we continue to expand across multi-chain and enable more assets with lending & permissionless #flashloans, we are set to grow more from here.
🎖As we continue to expand across multi-chain and enable more assets with lending & permissionless #flashloans, we are set to grow more from here.
2/ #DeFi Partners
@BluzelleHQ @ankr @RampDefi @oddz_finance @UNNFinance @UmbNetwork @YOPfi @tidaldefi
Synthetic Assets
@InjectiveLabs @mirror_protocol @FantomFDN @StaFi_Protocol @BaseProtocolOrg @oropocket
@BluzelleHQ @ankr @RampDefi @oddz_finance @UNNFinance @UmbNetwork @YOPfi @tidaldefi
Synthetic Assets
@InjectiveLabs @mirror_protocol @FantomFDN @StaFi_Protocol @BaseProtocolOrg @oropocket
3/ #DApps
@playcentglobal @Dvision_network
Launchpads
@GenShards @Poolz__ @PolkaFoundry @realpolkabridge
Platform Integration
@cryptolocally @ProBit_Exchange @CoinDCX
Automation Layer
@3commas_io @cyberfi_tech @epnsproject @Nord_Finance
@playcentglobal @Dvision_network
Launchpads
@GenShards @Poolz__ @PolkaFoundry @realpolkabridge
Platform Integration
@cryptolocally @ProBit_Exchange @CoinDCX
Automation Layer
@3commas_io @cyberfi_tech @epnsproject @Nord_Finance
1. Let me organize the threads more to spread the word of $ftm and #DeFi! In here you can find all the threads that i wrote. There are more to come!
Firstly this:
Firstly this:
Happy New Year Aave Fam 🎊♥️🍾👻
The Aave Protocol launched back at the beginning of the year, and it has been an Aavesome year of growth that wouldn't have been possible without you đź’•
Some highlights of Aave 2020 in the thread and more in newsletter👇
medium.com/aave/december-…
The Aave Protocol launched back at the beginning of the year, and it has been an Aavesome year of growth that wouldn't have been possible without you đź’•
Some highlights of Aave 2020 in the thread and more in newsletter👇
medium.com/aave/december-…
2020 kicked off with the launch of the Aave Protocol on mainnet, which brought cool innovations to the #DeFi space, like aTokens and #flashloans ⚡️
Many creative hacks and projects were built on the Aave Protocol in hackathons like @ETHGlobal #HackMoney, #ETHOnline, @gitcoin, and @Meta_Cartel. The Aave Ecosystem grants program started in April to help bolster projects that contribute to the Aave Ecosystem ⚒️💪🔩
Now that #FlashLoans are a thing, prepare for exchanges to offer *risk-free* returns on user deposits, to use as liquidity for flash loans (not fractional reserve). Users will obviously want this service, because it's free---risk-free---money!
This changes the game and shows just how broken many projects that rely on tokens for security or governance are. They assume that a majority token-holder would never attack the system, lest their tokens drop in price. But they didn't consider *individually rational* actors.
Individually rational users, each holding a small amount of tokens, will gladly make use of e.g. centralized exchanges offering returns for providing liquidity for flash loans. Together, this can easily result in a huge fraction of the tokens being available to launch an attack.
