
Recap: DeFi Week of Sept. 26
Hello Defiers!The whole crypto-goes-mainstream thing has been a cliche since, well, forever. Even so, it’s pretty amazing to see the mojo at the intersection between DeFi and TradFi. There was a flurry of news this week demonstrating that this cliche is morphing into just plain normal business.To wit: Visa unveiled a plan to make central bank digital currencies interoperable, with itself, naturally, at the center of new global monetary superhighway. Societe Generale, the French banking giant, announced it’s going to borrow 20M Dai on MakerDAO, a pretty bold move even for an institution known for avant-garde finance. And the prolific Brady Dale plumbed Twitter’s move to let its 206M users use NFTs as profile pics, a surprising tack given Jack Dorsey’s sniffy ‘tude toward non-Bitcoin crypto.Yet the splashiest proof point of the DeFi-TradFi confluence must be Jay Pegs Auto Mart’s campaign to tokenize the 2007 Kia Sedona minivan. Who would have thought rolling this immortal vehicle onto the Ethereum blockchain would be present such a vivid vision of the future? Well, Jay Pegs, that’s who, and Brady Dale hopped a ride on the huckster’s magical mystery tour in our Weekend Read.Switching channels, our fearless chiefess, Camila Russo, conducted our seventh Jam Session on The Defiant’s YouTube channel, this one covering the gateways to web3, with guests hailing from Argent, Dharma, Instadapp and other DeFi frontends. Robin Schmidt covered the Twitter story, non-fungible debt positions and Barnbridge’s SMART Alpha in on his must-see streams. Don’t miss SuperMassive reading aloud from Snow Crash in The Defiant Weekly. Also don’t miss the solid beat reporting by Owen Fernau — he covered newsy moves by Avalanche, dYdX, 1Inch and AngelList this week.If all that wasn’t enough, Humpty Calderon wrote a provocative DeFi Essay on how decentralized identity is far more important than anyone realizes. So plenty to input this weekend as you calibrate for the week ahead. Imagine how much smarter you’ll be by Monday!https://ift.tt/3hiD8uU
Ingrandisci immagine - Repost: Recap: DeFi Week of Sept. 26 (from Reddit.com)
Hello Defiers!The whole crypto-goes-mainstream thing has been a cliche since, well, forever. Even so, it’s pretty amazing to see the mojo at the intersection between DeFi and TradFi. There was a flurry of news this week demonstrating that this cliche is morphing into just plain normal business.To wit: Visa unveiled a plan to make central bank digital currencies interoperable, with itself, naturally, at the center of new global monetary superhighway. Societe Generale, the French banking giant, announced it’s going to borrow 20M Dai on MakerDAO, a pretty bold move even for an institution known for avant-garde finance. And the prolific Brady Dale plumbed Twitter’s move to let its 206M users use NFTs as profile pics, a surprising tack given Jack Dorsey’s sniffy ‘tude toward non-Bitcoin crypto.Yet the splashiest proof point of the DeFi-TradFi confluence must be Jay Pegs Auto Mart’s campaign to tokenize the 2007 Kia Sedona minivan. Who would have thought rolling this immortal vehicle onto the Ethereum blockchain would be present such a vivid vision of the future? Well, Jay Pegs, that’s who, and Brady Dale hopped a ride on the huckster’s magical mystery tour in our Weekend Read.Switching channels, our fearless chiefess, Camila Russo, conducted our seventh Jam Session on The Defiant’s YouTube channel, this one covering the gateways to web3, with guests hailing from Argent, Dharma, Instadapp and other DeFi frontends. Robin Schmidt covered the Twitter story, non-fungible debt positions and Barnbridge’s SMART Alpha in on his must-see streams. Don’t miss SuperMassive reading aloud from Snow Crash in The Defiant Weekly. Also don’t miss the solid beat reporting by Owen Fernau — he covered newsy moves by Avalanche, dYdX, 1Inch and AngelList this week.If all that wasn’t enough, Humpty Calderon wrote a provocative DeFi Essay on how decentralized identity is far more important than anyone realizes. So plenty to input this weekend as you calibrate for the week ahead. Imagine how much smarter you’ll be by Monday!https://ift.tt/3hiD8uU
Ingrandisci immagine - Repost: Recap: DeFi Week of Sept. 26 (from Reddit.com)
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