The recent rise of Ethereum is really exciting, and the development of Defi has an important impact on it. Although, at present, it is still difficult to shake the throne of Ethereum in Defi, and almost all top Defi projects are clustered on Ethereum, but the major public chains (that are really doing things) are obviously unwilling to give up Defi"trend"secondary title

EOS - Ethereum's most mature rival

Since the birth of EOS, it has been hailed as the most competitive opponent of Ethereum. However, as the price of the currency has fallen again and again, the disputes of the founders, and various problems with the direction of the team have caused the Chinese grapefruit old iron time and time again. sad. But Defi on EOS is still very

Representative projects: PIZZA, NewDex, Whale Exchange, EOSREX

PIZZA (website link:https://pizza.live/) The rise this month is very gratifying, but there are not many platforms that can be traded. At present, only AEX and Hufu are displayed on the non-small account (Wang Ruixi, the founder of Hufu, is a big EOS investor, and Hufu has given a lot of help and support to the EOS Defi project , also opened a special fund)

image description

Whale Exchange Registration Page

NewDex and Whale Exchange are both DEX based on EOS. NewDex is determined to be the largest decentralized exchange on EOS, but there have been many thefts, and the security is questionable. Whale Exchange has never been stolen. , but once you open it, you need to register with a mobile phone number and KYC will always make people feel that this runs counter to decentralization.

There is also EOSREX, which has been popular for a while at the beginning of 19, by locking EOS and borrowing the CPU, RAM, NET required for EOS to run

secondary title

Polkadot, Cosmos——The cross-chain duo is staring at each other

The opening price rose by 300%, and the bear market also has rich passwords. The performance of Polkadot after its launch was very exciting, and the performance of Polkadot and Cosmos cross-chain duo on Defi was also very exciting.

Representative projects: Kava (Cosmos), Microtick (Cosmos), Acala (Polkadot)

In November last year, Kava, a Cosmos-based cross-chain DeFi platform, was officially launched on its mainnet. KAVA's main business is multi-asset mortgage loans, also known as MakerDAO in the Cosmos ecosystem. Users need to create a smart account first, and can loan USDX stable currency by mortgaging BTC, XRP, BNB, ATOM and other assets.

Microtick is a distributed oracle project on Cosmos that uses market dynamics to create a decentralized price feed.

I learned about the Acala project through Mr. Cao Yin. Acala is based on Polkadot’s decentralized finance, which can realize multiple asset over-collateralization to generate stable coins, release PoS asset liquidity, decentralized exchanges, and various functions of depositing coins and earning interest. With strong liquidity and high stability, it is a large and comprehensive Defi project. Compared with Ethereum's Defi, Acala can mortgage multiple assets, and it is fast and has low gas fees.

Defi is not a new concept, but the fact that Defi has not prospered has a lot to do with the "fragmentation" between blockchain chains. Most Defi projects are deployed on Ethereum, and the network on Ethereum is congested, so cross-chain projects Emerged as the times require, it can be said that cross-chain is born for Defi.

secondary title

Bytom Chain - "Riding the Wind and Waves" of the Domestic Public Chain

It is 2020, and there are not many public chain projects that are still active. The market has speculated on one hot spot after another, and there are only a few public chain projects that are still persisting and can keep up with the hot spots. Those who swim in Defi are even more rare.

Bytom - MOV

Bytom has devoted itself to the development and operation of MOV this year. Although the progress is not as good as the community wants, those who often read my official account will know that I still pay attention to Bytom’s MOV. There is no product update in July. The transaction volume is not satisfactory, and it is not known how much will be destroyed in the next month. I went to the official Weibo of Bytom, and the new editor is not as active as before. The only few Weibo posts are full of vulgar scolding. In the final analysis, the currency price does not rise, and the product Don't push, maybe V2 is really more difficult? But at this time, Bytom Chain’s official Weibo can still have so many comments (although there are many negative comments, I’ve read every one and it’s almost not the same). It also proves from the side that Bytom Chain’s community is actually quite strong ?

But I have to say that MOV is relatively early in the public chain projects. Although the launch time is short, it is very complete.

Currently MOV has been launched in three sections, namely Magnetic Exchange, Lightning Exchange and Superconducting Exchange

Magnetic exchange, based on the order book model, is more similar to a centralized exchange, and the benchmark is a decentralized exchange such as IDEX.

Lightning exchange, a fast exchange mode for market makers, this type of transaction mode against the underlying Tokenlon

Superconducting exchange, based on the trading mode of the automatic market maker AMM model, is exchanged against the stable currency of Curve

Next, it is said that V2 will be launched, benchmarking uniswap, and financial management at the same time, and later said that there will be loans and stable coins, but the specific time has not been determined, so it is difficult to judge, but if these are really done, I think the chain node community Someone posting that "Bytom challenged the entire Ethereum Defi with its own power" is not an exaggeration, and all we can do now is wait. In addition, the last article I posted about moving bricks through MOV is really fragrant.

However, the progress of Byyuan Chain is really too slow! ! ! I am worried that the Defi hotspot has passed, and its layout has not yet been completed. I hope that the speed can be accelerated.

In addition, like NEO has already made DEX--Switcheo, TRON's decentralized trading platform Oikos, you can only know who is swimming naked after the big waves wash the sand. In fact, it can be seen that the Defi projects of various companies are still focused on those directions. Borrowing, financial management, etc., everyone knows what problems Defi is currently facing, and the next step is to see who can run fast. In the next article, I will write about how various Defi projects ensure the safety of funds. See you in the next issue.