Why Traditional Banks Don’t Like Your Crypto Earnings (And Why We Do) Banks don’t like crypto, and there are a few reasons why. The traditional banking system is directed by a complex framework governing its accounts and users: the cryptocurrency… Continue reading Why Banks Don’t Like Your Crypto Earnings
DeFi
The Rise of Stablecoins, DigitalDollar and Achieving Stability in a Highly Volatile Market
Introduction The growing demand for stablecoins has been relentless since early 2020, when the total market cap was still below $10 billion. Today, stablecoins have become a significant force within the cryptocurrency space and a very polarising topic, especially since… Continue reading The Rise of Stablecoins, DigitalDollar and Achieving Stability in a Highly Volatile Market
The Stablecoin Trilemma: Scalability, Decentralization & Maintaining the Peg
Stablecoin Trilemma Designing stablecoins is challenging. Stablecoins are faced with “the stablecoin trilemma” and have to trade-off between various degrees of decentralization, scalability, and control over the peg. Stablecoins are a crucial component of DeFi infrastructure. As more users enter… Continue reading The Stablecoin Trilemma: Scalability, Decentralization & Maintaining the Peg
Vampire attacks: from SushiSwap to DeFi
What is a Vampire Attack? Are we witnessing one take place before our very eyes? A vampire attack, aptly named, refers to when one protocol attracts (sucks) liquidity from another. The most textbook example in DeFi was that of SushiSwap,… Continue reading Vampire attacks: from SushiSwap to DeFi
Introducing DigitalDollar (DUSD): Real Money, On-Chain
Real Money. On-Chain. TL;DR Current stablecoins suck. So do centralized exchanges. So do banks. We wanted to allow our users to go directly from their bank account into DeFi and back, cheaply and fast. Out of this we created DigitalDollars… Continue reading Introducing DigitalDollar (DUSD): Real Money, On-Chain
From Dinosaurs to Teslas, what are Automated Market Makers, the history of DeFi?
The world of crypto may have just become apparent to most ordinary people, but for those truly behind the support and innovation, the world has become evident. However, do you really know the history of how a lot of the… Continue reading From Dinosaurs to Teslas, what are Automated Market Makers, the history of DeFi?
Why do we still use banks?
Banks are dinosaurs. And DeFi is the meteor First seen in The Defiant Retail banks are dinosaurs. Bill Gates, 1994 Yet, despite this widespread belief, US bank deposits increased from $189 billion in 1994 to $7.8 trillion in 2019.[1] Technology… Continue reading Why do we still use banks?
The War on Savers
Historically, savers have been able to earn a decent return on their savings from investing in government bonds and holding their funds in a bank. This changed after the 2008 financial crisis. For the past decade there has been a… Continue reading The War on Savers
Where does money come from?
Cutting through the veil of lies, invented complexities and deceit In the event that you ever took a course in economics at university, there is a reason why you don’t know that commercial banks create the vast majority of the… Continue reading Where does money come from?
