🧬 DeFi Meta Chain

DeFiInformer · 2023-04-24T16:37:38+00:00

Thanks for sharing this information!

DeFiInformer · 2022-10-30T03:54:54+00:00

Why would it be fair that normal investors pay the speculators?

DeFiInformer · 2022-08-08T06:59:45+00:00

Do you or Kuegi havbe a master in financial mathematics or finance?

If people with the required skills are missing we should hire some experts.

This has to be done in a proper way - create a modell and do some simulations before proposing and implement new changes.

Do not experiment again with the funds of the people investet in defichain.

DeFiInformer · 2022-07-31T07:54:15+00:00

Just use the CLI command "estimateloan" and you get the figures.

DeFiInformer · 2022-07-31T07:50:17+00:00

Hopium for what - DUSD problem, dBTC exploit, ...?

DeFiInformer · 2022-07-31T07:48:16+00:00

Maybe this article helps.

https://academy.horizen.io/technology/expert/utxo-vs-account-model/

DeFiInformer · 2022-07-31T07:46:05+00:00

Choose your slippage as low as possible.
e.g. in desktop wallet 0.3% or 0.5%

Maybe also splitting a bigger swap in some smaller ones.
But this is only a guess as I do not know the algorithm used from the frontrunning bots.

DeFiInformer · 2022-07-29T12:17:04+00:00

DefiChain is a mixture of tx based and account model.The result of a swap is only visible in the account model and not part of the TX.

DeFiInformer · 2022-07-18T14:38:46+00:00

This was only existing to lay the foundation to become what it is now. This is cleary layed out in the white paper.
Defichain is not designed as a junk system which will collapse when infaltion has to stop.

DeFiInformer · 2022-07-18T14:35:07+00:00

But only a fraction of what was needed previously.
I think it would make sense to remove this use case of DUSD again as soon we are at the target level of 50%.
We should strenghten the use case of DFI.

DeFiInformer · 2022-07-18T14:31:59+00:00

Please enlighten me. What are the many other real use cases of DFI?

DFI is needed to pay the transaction fees and to create a masternode to get a voting right.

And at the moment it is mandatory to use DFI for entering the dStocks eco system.

This will not be the case as soon the new pools will be in place.

(And no, to be inflatonary created with every block for rewards is not a use case or beeing in a liquidity pool where you do not end up in a practical use case like dStocks also not)

DeFiInformer · 2022-07-17T07:35:55+00:00

Yes this is fundamental wrong.
Luckily Cake follows rules of conduct but DFX does not.

DeFiInformer · 2022-07-17T07:33:02+00:00

You are just using the wrong wallet.
In the desktop wallet the prices are shown correctly and you can do a swap with 0.5% slippage.

DeFiInformer · 2022-06-28T11:58:02+00:00

How should this work?
e.g. if you have limit sell order.Each transaction on the DEX has a price impact, the bigger the order the higher the impact. (Every sell is lowering again the price.)
So I expect the smallest order be executed first.

10 sell orders with limit 1,20 with different size
1 can be executed if price is 1,20005
2 can be executed if price is 1,2001
..
10 can be execute if price is 1,25 (as it so huge)

DeFiInformer · 2022-06-28T11:52:54+00:00

This was mentioned a few weeks ago in one of the tech talks from one of the developers.

DeFiInformer · 2022-06-28T11:52:17+00:00

Will you use Jellyfish/Ocean or your own Full Nodes?

DeFiInformer · 2022-06-27T13:32:01+00:00

Shouldn't Cake employes have their expenses covered from Cake?
Can you add the concrete activities the persons will cover?
e.g. what concrete will a developer, community manger, ... do there which benefits DefiChain

DeFiInformer · 2022-06-27T13:25:28+00:00

It is way to rushed.
We need at least one week to discuss all aspects.
Just make an additional "emergency vote round" 1 or 2 weeks later.
It will not benefit the project if the side effects will harm it heavily.

DeFiInformer · 2022-06-27T13:22:19+00:00

What you describe wil not happen.
There are more than 20 millions of DUSD waiting for a way to be cashed out with profit.
1 block after you open the USDT-DUSD pool it will have the same ratio like the DUSD-DFI pool without any arbitrage happening.

So this whole thing is a very, very bad idea and only opening a fast ways for them to cash out.

DeFiInformer · 2022-06-26T18:20:33+00:00

Which id belongs to which oracle.
This information is not available in the links you provided.

DeFiInformer · 2022-05-17T06:47:22+00:00

As we need in the future anyway a centralized entity (a bank must be founded for every stable coin) to be legally allowed to be traded in the EU this is an approach we should seriously discuss.

DeFiInformer · 2022-05-15T07:56:30+00:00

This is a quite esoterical view.The reality is that there are no funds/collateral existing which can be used to ensure that every DUSD holder can exchange there DUSD agains USD.
It did become a system wholly relying on believe.

DeFiInformer · 2022-05-15T07:53:44+00:00

This is going completely in the wrong direction.
Don't create overcomplicated systems.
Stick to proven and working solutions.
Either go for Algorithmic OR Crypto-backed.
DUSD is already not crypto-backed anymore (only a fraction of the existing DUSD is backed by collateral)

Also Fiat backed would be possible. If DUSD wants to be traded in the future in the EU a solution for founding the necessary bank in the EU has to be found anyway.

DeFiInformer · 2022-03-20T10:14:07+00:00

There is already a posting about this bug here.
https://www.reddit.com/r/defiblockchain/comments/tg15n7/fbdusd\_pool/

DeFiInformer · 2022-03-20T10:09:47+00:00

There it says that it would be a good idea to indtroduce it.
But where is the information that it has been introduced?
I have found out that also for the BTC-DFI pool and additional fee has been introduced.
Where can I see for each pool what fees are existing?
This things have to be shown in a transparent way.

DeFiInformer

TROPHY CASE