DeFi Pulse 🍇 Profile picture
Apr 29 6 tweets 4 min read
1/ #SectorPulse is here again! 🙌 🎉

📉$DPI is now trading at $159.56 a 10.7% decrease from last week
📉$NFTI is now trading at $9.83, a 5.0% decrease from last week

The stable $USDC yield is 2.65%

On the 🧵 👇 you will find a summary of the week's news 📰 Image
2/ $DPI token, is based on the DeFi Pulse Index, a digital asset index designed to track the performance of top protocols in #DeFi

$NFTI is based on the @Scalara_xyz NFT Index, an index designed to track the performance of the most well-known #NFT collections Image
3/ 🗞 Recent news

@KyberNetwork continues its rally, up 14% over the week

beincrypto.com/kyberswap-dex-…
4/ “The metaverse sector is projected to move around $800 billion over the next 2 years” a @coingecko report predicts

cointelegraph.com/news/the-nft-s…
6/ The #NFT sector is expected to move around $800 billion over the next 2 years

cointelegraph.com/news/the-nft-s…

• • •

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More from @defipulse

Nov 12, 2021
1/🍇 DeFi Pulse Drop: @NotionalFinance 🍇

Want to see a real-world use case for #crypto fixed rates?

Imagine a fintech app like Wealthfront hooking up their vast user bases to fixed rate products, with notional.finance fixed rates providing the yields under the hood...
2/ This is the future of fixed rates!

Whether you want fixed rates for your own portfolio, these stable rates move #DeFi forward, which benefits EVERYONE.

The ability to plan future cash flows / calculate capital costs for the long-term = new use cases, new users.
3/ What comes next then?

Maybe protocols & #DAOs use fixed rates to borrow against their treasuries to fund operations & expansion!

This is but a taste of what’s to come, & soon enough Notional’s fixed rate pools with deep liquidity may become base infra for fueling DeFi.
Read 6 tweets
Nov 8, 2021
1/🍇 DeFi Pulse Drop: @NotionalFinance 🍇

Notional V2 is bringing fixed-rate borrowing & lending to the fore of DeFi.

A key innovation behind this rise? nTokens!

Here’s what nTokens are & how you can use them to level up in DeFi 👇

notional.finance/provide Image
2/ Notional’s users borrow & lend via the protocol’s native liquidity pools.

As such, liquidity providers (LPs) are central to Notional. Yet the project’s V1 system required LPs to *actively* manage their positions.

Here’s where Notional V2 nTokens come in!
3/ nTokens are high-yield, low-touch ERC20 LP tokens.

✅ They optimize for interest via underlying deposits of Compound cTokens, e.g. nDAI via cDAI.
✅ They offer LPs a fully passive experience. No active management required! Image
Read 7 tweets
Nov 1, 2021
1/🍇DeFi Pulse Drop: @NotionalFinance🍇
Why is 90% of debt in TradFi issued at fixed rates, but 90%+ of DeFi is still working with volatile, variable rates?
Fixed rates haven’t taken off yet in DeFi, but that’s likely to change with Notional v2. 🧵⬇️

notional.finance
2/ Unlike many other fixed rate protocols, Notional serves both lenders *and* borrowers.
Because borrowers are often willing to pay a premium for stable, consistent rates, lenders on the platform receive a better rate for their deposits! Image
3/ Fixed rates for everyone is not easy to achieve - that’s why offerings for institutions like Compound Treasury, are arbitrarily set at 4% and even “stable” rates on Aave that users pay a high premium for can swing wildly.
Read 7 tweets
Oct 7, 2021
1/ ICYMI we’re doing scaling week at DeFi Pulse and today we’ll be talking about BRIDGES!

Do you know about the different approaches to bridging assets?

Join us for an informational thread!
🌉🌉🌉🌉🌉🌉
2/ Let’s start with some basics:

When you transfer assets to a scaling solution, you’re interacting with a minimum of three protocols:
📫The base chain
🎯The target chain
🌉The bridge

In this txn, your assets are only as safe as the weakest link!
3/ In other words, if you’re bridging from Protocol A with 1000 nodes to Protocol B with 300 nodes, but the bridge is controlled by 3 people - you might as well be reading CeFi Pulse!
Read 13 tweets
Sep 24, 2021
Making a seamless user experience is the name of the game for Oasis (@oasisdotapp).

Today we’ll be highlighting some of the really cool features that Oasis has built into their $DAI wallet to make our lives easier.

🧵 A short thread 👇
💰 Everyone’s path into crypto has to start somewhere and for most of us that means going from fiat to crypto.

Oasis has integrated Latamex, Moonpay and Wyre so that you can buy $DAI and $ETH directly from your mobile or pc.
👜 Ok, but what if you still need a wallet? They seriously couldn’t make this any easier.

Oasis’s integration with Magic means that you don’t need to setup anything before - enter your email and start banking with Oasis.
Read 7 tweets
Sep 23, 2021
1/🍇DeFi Pulse Drop: @oasisdotapp 🍇

Oasis, DeFi’s most popular gateway to $DAI, has a powerful new feature! 🔥

Multiply is a resource for oasis.app users to leverage up to 3x their crypto, e.g. $ETH, with only 1 tx. 🤯

Want automated leverage? Here’s how 👇🧵
2/
💻Go to oasis.app,

✅Connect + verify your wallet,

📥Click on a Vault depending on the collateral you want to leverage.

Maker supports $ETH, $WBTC, plus many others.
3/
📊Press “Multiply”. You’ll arrive at a dashboard to configure your leverage.

💲Input how much collateral to deposit + choose the leverage you want.

✅Confirm your position, then select “Create Vault.”

🔥Fire off a deposit tx and you’ll be leveraged long on your crypto! Image
Read 6 tweets

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