Sublime

An inspiration engine for ideas

AllPeopleCollectionsArticlesAudioBooksFilesHighlightsImagesLinksNotesTextTweetsVideosSocial

Enter Yakovenko. Unlike Buterin, who is more a theorist and researcher than a coder, Yakovenko wants to do whatever it takes to onboard billions to crypto with a blockchain so fast it could rival traditional finance. “He doesn’t care about white papers. He doesn’t care about academia,” said Solana investor Kyle Samani, a managing partner at Multico... See more

The Information • Can Peace Last Between Crypto’s Visionary Rivals?

In this guide we’ll be helping you take your first steps into the boundless world of Decentralized Finance, better known as DeFi.

The Defiant • ✊The Defiant's Definitive Guide to DeFi

Enduring on-chain products will measure twice and cut once. While blockchains don't have to be financial, today's market has put a price on almost every token, contract code is public, and the future of crypto regulation is unclear. Because of this, the products that will make it through waves of scammers/hackers, downswings in token value, and pot... See more

Theodora Chu • On Falling Down the Rabbit Hole

Here are some of the risks that DeFi users face: Technical Risks - where smart contracts could be hacked or bugs could be exploited Liquidity Risks - where lending protocols (e.g., Compound) could run out of liquidity Admin Key Risks - where the master private key for the protocol could be compromised

Sze Jin Teh • How to DeFi: Beginner

NEAR is San Francisco — built for web3 techies who believe sharding is the only way forward towards scalability in the long-term.

Haseeb Qureshi • Blockchains are cities

Decentralized Finance (DeFi) enables applications like prediction, trading, and financial markets to run on smart contracts, with no middle men (e.g. lawyers and bankers)

Vitalik Buterin • The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss

All of this is possible because of the easy composability of smart contracts. Neither Foundation nor Reddit needs to go out of their way to build this functionality themselves. The open, user-controlled nature of blockchain computing allows any developer to plug into these ecosystems and offer their users financial services. The result could be a r... See more

Jesse Walden • How does DeFi cross the chasm?

How does Opyn work? Opyn allows users to hedge against the risk of price fluctuations, smart contract exploits, administration/governance risks, and black swan events. For instance, Opyn allows users to buy put options on ETH and WBTC.

Sze Jin Teh • How to DeFi: Beginner

To participate in DeFi, one has to lock tokens in smart contracts. Tokens locked in smart contracts are potentially vulnerable to smart contract exploits due to the large potential payout. While most projects have gotten their codebases audited, one will never know if the smart contracts are truly safe. There is always a possibility of a hack which