Cardano’s Founder Laughs at DeFi Because it Has no Real Markets
In distinguishing real-world use versus speculative investing, IOG CEO Charles Hoskinson said he derides DeFi in its current state. The comments come as Cardano announced securing a contract with Ethiopia’s Ministry of Education for a blockchain-based ID system. This accomplishment is part of Cardano’s pan-African strategy that intends to improve lives by providing new systems. […]
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Even Chris Blecs biggest supporters acknowledge he can be as subtle as a sledgehammer when hes pushing for transparency from DeFi projects on Twitter.The founder of DeFi Watch puts noses out of joint across the industry whether hes hammering Polygon for putting billions in the hands of two developers with admin keys or criticizing Rari Capital for being run by teenagers.Hes exactly the kind of provocateur asking the sort of difficult questions those in power would love to see silenced. But in crypto, thats not possible and thats why he loves it.In a decentralized community, I feel like Ive....
Exotic Markets is a DeFi (Decentralized Finance) platform on the Solana Blockchain. It aims to become the most flexible structured products protocol, offering the widest range of payoffs and underlyings in DeFi. For example, it aims to offer payoffs based on baskets of tokens, trading ranges, accumulators, and capital preservation. Joffrey Dalet is the Founder and CEO of Exotic Markets. He recently joined the Bitcoin.com News Podcast to talk about the business: The Exotic Markets team founder, Joffrey Dalet, spent nine years trading volatility products and served as a quant volatility....
Cardano’s debut in the decentralized finance (DeFi) space has been a successful one by all accounts, even though the network does not have nearly enough total value locked (TVL) to compete with leaders in the space. That is, however, due to the figures that are calculated to come up with the TVL that is broadcasted […]
Coti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay. A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees.Cardano’s payment gateway provider, Coti, will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sunday at the Cardano Summit.The new stablecoin will be based on an algorithmic design using smart contracts to ensure price....