Browsing Category: DeFi

  • DeFi risk

    Code loopholes, hackers, market volatility, arbitrageurs: the paradigm of DeFi risk management

    DeFi refers to the decentralized financial agreement realized by smart contract, including asset trading, lending, insurance, various derivatives, etc.; except for credit service, financial service in reality can be realized through DeFi protocol. These agreements are decentralized and automatic, and there is no third-party organization in the management and maintenance. Therefore, the risk control of …

    July 20, 2020
  • DeFi developers

    How do developers of the DeFi protocol make money?

    I don’t know if you have ever thought about such a question, why would someone like to do DeFi? If you are a DeFi developer, what is the purpose of your DeFi? Interest Make money by collecting service charges Meet your DeFi needs Other DeFi: decentralized finance. Therefore, the basic principle and precondition of DeFi …

    July 10, 2020
  • DeFi

    After the black swan, the DeFi data mutation!

    On February 6, 2020, the total value of ETH and ERC-20 tokens locked in Ethereum’s DeFi ecosystem exceeded US $1 billion. After a series of high-level “smash” incidents, a series of “black swan” events coincide. bZx attack event In mid February 2020, two arbitrage “attacks” occurred in bZx protocol. After the event data statistics show …

    July 5, 2020
  • mining

    Agent risk of miners

    After the birth of Bitcoin, a special industry came into being: “mining”, the node that completes nonce calculation and packs blocks is called miner. Every transaction we make on Bitcoin is recorded by these miners on the blockchain. As miners have the right to keep accounts, naturally they are very important to the special currency …

    July 2, 2020
  • introduction of NEST Oracle

    Comparative analysis of price on chain and market of Nest Oracle

    Brief introduction of NEST Oracle NEST price Oracle is a Layer 2 protocol network based on Ethereum network, which is a decentralized Oracle system. NEST Oracle defines and implements a new scheme to generate price facts on the blockchain. Based on the market game theory, the price facts of the off chain market are generated …

    July 1, 2020
  • Product thinking

    When we are “consuming” Bitcoin, what exactly are we consuming?

    Next, we will talk about the value and risk of consensus. The consensus cost determines the value of a public chain, not the application. The application only affects the risk of the value, which is a very subversive view. For this reason, we need to further explore: Imagine that we have a bunch of code, …

    June 26, 2020
  • Blockchain-credit

    Credit of a block

    The anonymity of blockchain makes the concept of “credit” redundant. All the loans and levers on the chain need to be fully mortgaged. Even if someone tries to find another way to establish a weak credit through some “identity” asset, it is also a kind of disguised mortgage in essence (it is known that this …

    June 24, 2020