In the past few months, the "new wealth creation" movement set off by DeFi has continuously refreshed our understanding of the "speed of wealth". It is still a "difficult problem" and "questionable problem" for people. It is difficult to understand and practice, and it is doubtful about the authenticity of value.
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When DeFi enters the deep water area, the three elements of identity, data and credit are essential
Li Jun, Founder of Ontology
In the field of DeFi, the most typical and indispensable things are "liquidity mining" and "borrowing". Liquidity mining can almost become the "endorsement hot word" of DeFi. Is liquidity mining a good model? Li Jun said: It is undoubtedly good for a cold start. The network effect of the platform is stimulated through native token rewards, but the premise is that the coins you dig out are recognized by the market. The main logic of judgment depends on whether liquidity mining can last for a long time. Good development.
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WaykiChain Co-Founder & CEO Gao Hang
Regarding lending, Li Jun said bluntly: The biggest challenges facing DeFi lending at present are mainly two points: the over-collateralization rate is too high and the utilization rate of funds is low. A set of credit scoring and standard KYC mechanism, a credit system that is truly usable, assessable, restrictable, and checkable on the chain, and a preliminary review of the user's basic credit can make DeFI lending go longer.
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In the second half of DeFi, what trends and changes do you need to follow?
At the beginning of the DeFi revolution, how can the general public capture the DeFi dividends? In what ways will the DeFi trend in the second half be manifested?
Gao Hang said in class: In the second half, the wind of synthetic assets will blow. Why does DeFi need synthetic assets? It mainly depends on three points: First, the curve solves technical limitations and enriches assets; at present, the basic assets in the DeF field are limited to the cryptocurrency field, and the cross-chain technology is not mature enough. Synthetic assets can allow different chain assets and off-chain assets to be on the same platform tradeable. Second, synthetic assets can expand liquidity; at present, the lack of liquidity in DeFi is also one of the difficulties. Although market makers play an important role in the middle, financial tools for proper risk management are limited. Synthetic assets and derivatives can help markets scale their operations by hedging positions and protecting profits. Finally, lower the threshold and expand participation. Traditional financial asset transactions have high thresholds. Synthetic assets can provide native cryptocurrencies with more diversified financial tools, and can also attract non-native users to participate in transactions.
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Cao Yin, YFII community member & managing director of the Digital Renaissance Foundation
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On-site actual combat group PK, online design of DeFi scene model
The core of the DeFi practical training camp is actual combat! Applying what we have learned is the original intention of our offline special training camp. In this course, we have also carefully set up a practical session. The students are divided into four code-named groups: D, E, F, and I. Groups are used as units to show their The DeFi innovation ideas that are considered to be more optimized or have the potential to be implemented quickly will finally determine the winning group! The on-site discussion was lively, and the students exchanged topics and actively contributed what they had learned and thought.
Computing University DeFi Practical Special Training Camp
Coming soon to Wuhan and Zhengzhou
We are very excited about this good meeting. The second and third phases of the Computing University DeFi Practical Special Training Camp will be held in Wuhan and Zhengzhou on October 16 and October 23 respectively. For details and itinerary, please add the following two QR code consultation, please look forward to it!
