Super excited to bring you our 2nd 2021 Thesis! Present the current development status of the interoperability of decentralized #moneymarket protocols. The well-known money market protocols to the hidden gem, @KonomiNetwork, are deserving deep diving. medium.com/1par-research/…
1/7 Money market and the major lending market play an important role in finance. Demand and supply, borrowing and lending play an important role in the working principle of the money market blockchain protocol. Wrapped token generates the borrowing capacity.
2/7 Develop towards #web3, the credit market conceives a new generation of behavioral financial system that is not produced solely by cash and pledge. It requires a lot of stack additions including identity, collaboration, credit building, social networks and more.
3/7 Stack map: The technology and enterprise stack from traditional finance to decentralized finance. From the ‘old’ banks to the latest DeFi protocols, new financial technologies are available in every information age. It creates multi choices and entries for builders and users.
4/7 Money market protocols can be classified as a subset of lending protocols. The price performance this year has shown a sharp correction trend (return to Jan), and the bottom is still confirmed, the financials showed a solid tone with fewer corrections (call-back to Apr).
5/7 Interoperability is for improving the mega-connections and diversity of protocols and markets. @substrate_io, as a modularized blockchain rapid development framework, Among them, @compoundfinance chain, Gateway, are relatively well-known current attempts.
6/7 Affirm that @Polkadot belongs to the view of the Layer 0 solution, and building mega infrastructure in the form of connecting different public chains externally and internally. $DOT DeFi building blocks and counterparts are both huge!
7/7 @KonomiNetwork has an underestimated market cap, but its rich and superior functional design, and multiple excellent chain functions that are inherently empowered by Substrate, are worthy of attention from users and institutions.
END | THANKS to Jayden @holiday_lMSG for review! Please follow @1PARcom for our insights! Partnerships: info@1par.com. My DM's open. Find us at Medium, Hackernoon, Reddit, Linkedin, Chainnews, Odaily and more!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
When ppl realize the @Polkadot auction is close, but miss the progress of Statemine, bridge, bridged token, on @KusamaNetwork and their value capture to the KSM & DOT tokens, and same sense for Polkadot in the coming month.
A thread
- Crowdloans that has been conducted
- Bridge Projects
- Incentives program
- Governance
- Bridged token
- Statemine and Statemint-issued token
- Future crowdloans
- Crowdloans that has been conducted:
Supporters of crowdloans will use their vested parachain tokens to participate in the governance and staking rewards of parachains if available, and the launch of future projects built on their supporting parachains if available.