Discover and read the best of Twitter Threads about #moneylegos

Most recents (3)

1/6 - Excited to share my first series of write-ups on #DeFi!

The DeFi Opportunity is intended to serve as a guide to navigating and capitalizing on the emerging opportunities presented by #DecentralizedFinance.

Series Roadmap:
medium.com/the-defi-oppor…
2/6 - The #DeFi Narrative: Critical advantages over traditional finance

medium.com/the-defi-oppor…
3/6 - The DeFi Ecosystem: #MoneyLegos and decentralized financial products

medium.com/the-defi-oppor…
Read 10 tweets
1/ ETH Denver gets better every year. Here's a summary of my takeaways and project highlights.

Key themes this year:
- Leverage & derivatives
- BTC on ETH
- Bonding curves
- Public goods funding
- Security
2/ 1x.ag - Leveraged positions on ERC20 tokens

Uses Compound, Aave, MakerDAO, and bZx as lending providers, Aave flash loans for leverage, 1split.eth as the on-chain dex aggregator, and ChainLink oracles for price verification.

#moneylegos
3/ UpSideDai - 20x leveraged DAI

Leveraged contract for difference that creates UpDai and DownDai tokens, each 100% collateralized, representing long and short positions on Dai.

Uses Maker & Uniswap for ETH/DAI price and Uniswap pools for liquidity.

upsidedai.com
Read 14 tweets
0/ #DeFi Spotlight #5

Today, I’ll be explaining how @SetProtocol works.

With Set, crypto-assets can be bundled together which allows for the creation of a wide range of different baskets that can be automatically re-balanced using different strategies.

(thread)
1/ Set Protocols interface, TokenSets, allows users to buy and sell Sets. Currently, Set offers 4 ‘Range Bound Sets’ and 2 ‘Buy and Hold Sets’.

These Sets automatically re-balance between assets once certain criteria has been met.
2/ For example, users can purchase the ‘ETH Range Bound High Volatility Set’ and it will automatically sell DAI for ETH if the price of ETH dips more than 50% and sell ETH for DAI if the price of ETH rebounds more than 40% (with a medium to long term time horizon).
Read 7 tweets

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