SotN #14 - FUNding with Kevin Owocki (Gitcoin #7 BEGINS, DeFi protocols compete 4 Gitcoin, StableCredit USD, CeDeFi = real or joke?)
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 16 September 2020
⏱️ 86 minutes
🧾️ Download transcript
Summary
STATE OF THE NATION #14 - Tuesday, September 15th, 2020
Watch on the Bankless YouTube Channel
The State of the Bankless Nation is....FUNding
It that time of year....GITCOIN TIME!!!
Every quarter, 4 times a year, Gitcoin Grants rolls around. This is one of the few times where the money in your wallet means 10x more than it used to... IF... AND ONLY IF.... you donate to your favorite DeFi and Ethereum infrastructure.
We bring on Kevin Owocki, el presidente of Gitcoin, to discuss the role of Gitcoin in funding the DeFi ecosystem and the technology behind funding public goods.
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💸 AAVE - BORROWING AND LENDING DIGITAL ASSETS ON ETHEREUM - DID SOMEONE SAY YIELD FARMING??
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STATE OF THE NATION #14 - Tuesday, September 15, 2020 The State of the Bankless Nation is....FUNding
Special Guest...Kevin Owocki @owocki on Twitter
TOPICS:
GITCOIN with Kevin Owocki
1) Gitcoin Round 7... START
2) This round is different... WE'RE IN A BULL MARKET
3) DeFi protocol, DeFi farms, DeFi teams are SENDING GITCOIN $$$
4) Gitcoin is out of the shadow of Consensys, the EF
5) Decentralized Identity, Sybil Resistance of Gitcoin
StableCredit USD
1) Bankless Video was helpful... still need more help in understanding Andre Conje's new StableCredit USD system
2) Aave + Maker + Uniswap + Synethix = StableCredit USD (?)
3) Yearn needs a place to park its capital; it filled all the other protocols
4) Contracts done, UI soon
BTC and ETH are the crypto monies that matter
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- MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
- Bitcoin’s prisoners dilemma
- ETH just passed BTC on total value transferred and that’s huge
- Fake DeFi doesn’t cut it (CeDeFi)
- Binance Smart-Contract Chain
https://www.binance.com/en/blog/421499824684900933/Binance-Smart-Chain-Launches-Today - 100m fund Binance
- Block Explorer https://bscscan.com/
- Binance Smart-Contract Chain
- Token Sets
- MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
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Transcript
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| 0:00.0 | The Bankless State of the Nations are brought to you by Ave. |
| 0:03.0 | Ave is a borrowing and lending protocol on top of Ethereum, |
| 0:06.0 | where you can deposit some of your favorite assets in order to borrow other assets from Ave, |
| 0:11.0 | which is particularly well suited to yield farming. |
| 0:15.1 | If you don't want to sell your ether, if you don't want to sell your wifey, |
| 0:18.1 | you can deposit them into Ave and borrow stable coins so you can use them in these various D-5 farms. |
| 0:24.0 | What's cool about Ava is that it will give you a variable interest rate based on market conditions |
| 0:29.6 | but you can also pay a fixed interest rate to help you plan into the future. Check out |
| 0:34.6 | Ave at ave.com. If you want a better way to understand your D-5 portfolio I |
| 0:40.5 | recommend you go to zapper.5 and plug in your ethereal |
| 0:43.7 | addresses to get a comprehensive report as to your currently owned |
| 0:48.1 | assets and where they are in ethereal. If you were around for the 2017 bull market, it was characterized by refreshing |
| 0:54.9 | blockfoglio over and over and over again and anytime you would ever make a |
| 0:58.5 | trade, you would have to manually update your blockfoglio to make sure that your |
| 1:02.0 | portfolio was accurate. With Zapper, you don't have update your |
| 1:05.0 | ethereal portfolio was accurate. |
| 1:04.0 | With Zapper, you don't have to do that because Zapper looks on chain at your |
| 1:08.0 | ethereal addresses to see the assets that you have in various Defi |
| 1:12.0 | protocols. Not only does it tell you the assets that you have in various Defy protocols. |
| 1:13.2 | Not only does it tell you the assets that you own, |
| 1:15.0 | but it also tells you if they are deposited into Ave, |
| 1:18.3 | into compound, what yield farm they're in, |
... |
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