PDF Publication Title:
Text from PDF Page: 017
Figure 2.4: Total value locked in DeFi, taken from DeFi Pulse. [12] 2.3.1 MakerDAO Maker is a DAO that offers multiple products such as: • Oasis: non-custodial platform to exchange tokens or borrow and earn interest using DAI, a decentralized stablecoin, soft-pegged to 1 USD. • Migrate and Upgrade: enables moving of DAI and Collateralized Debt Positions to newer versions. • Maker Ecosystem: a marketplace to explore apps or services that user Maker protocols or DAI. • Governance Portal: the governance of the DAO is done with MKR tokens. Participants can use MKR to vote for changes on the platform. The target price of DAI is 1:1 USD and smart contracts try to keep the price stable. When DAI is created, Ether has to be deposited into a Collateralized Debt Positions (CDP). In exchange DAI will be created. When returning DAI for the locked Ether, a stability fee has to be paid which is used to incentivize or make loans in DAI more expensive, which in turn can affect the price of DAI, making it lower or higher, respectively. The stability fee is voted upon by the DAO community using MKR tokens. However, the DAI price can fluctuate in case of unexpected "Black Swan" events such as the one that occurred on March 12-13, 2020. Due to the low price of Ether to USD, the total valued in USD locked in Maker dropped by almost 50% in a day and the CDPs for DAI have become under-collateralized. 2.3.2 Uniswap and AMMs Uniswap is a smart contract based Automated Market Maker that dynamically calculates and adjusts the exchange rate for trading ERC-20 tokens. In comparison to other decentralized exchanges (DEXs) it does not use order book mechanisms. AMMs use liquidity providers who deposit assets in different pools and can create trading pairs using algorithms such as a Constant Product, which keep the product of a pair of assets constant at trading times. 15PDF Image | NFT finance Leveraging Non-Fungible Tokens
PDF Search Title:
NFT finance Leveraging Non-Fungible TokensOriginal File Name Searched:
NFT-finance-Leveraging-Non-Fungible-Tokens.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |