devcon 5 / whats next for defi
Duration: 00:20:40
Speaker: Rune Christensen
Type: Talk
Expertise: Beginner
Event: Devcon
Date: Invalid Date
Categories
Living On Defi
Living in Argentina but getting paid in Dai, I can access financial systems that are usually not available to us. I want to show how Ethereum's DeFi movement has been working fine for the last 2 years, by leveraging Dai and secondary lending platforms, and how that is changing the financial reality for people in developing economies. Someone in South America getting paid in crypto can access more stable currencies than their local ones, with better interest rates, and this is all happening right now, and scaling right now.
Assessing Risk/Trust in Decentralized Finance
In the last year, we have seen an explosion of smart contract based lending/borrowing, which has become the biggest sub-category of DeFi by far. But not all lending protocols are created equal. Different protocols have different risk/reward profiles, and comparing their rates are often apples to oranges comparisons. I would like to present a model I have been developing to assess the risk of different decentralized lending protocols that takes into account elements of both smart contract risk and liquidity risk. This model will be consumer facing, and will attempt to better inform protocol's users as they make important financial decisions. If we want people to be their own bank, we will need to provide tools akin to what current banks have when making financial decisions.
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The Future History of the Open Internet
Human communication systems have always ebbed & flowed between being open & closed. From the founding of the Free Software Foundation in 1985, to the beginnings of the open source movement in the 1990s, to the historic battles between Linux & Microsoft, to the publication of the Bitcoin Whitepaper in 2008, to the rise of Github, Google, Facebook, and Amazon, there is a rich history of progress on open, permissionless, systems.The internet is the most powerful human communication system in history. The internet changed the world because it allowed humans to move information across a network; and now we have the internet of money: the ability to move financial value across the internet. What will participation in the internet of money look like? What will the future history of our era of the internet look like? In this talk, Gitcoin Founder Kevin Owocki will talk about the history of the open internet + project these trends forward into 2020 and beyond.
The Shape of Protocols to Come
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