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2023.03.27 01:57 StepwiseUndrape574 Another potential feature for GTA 6 is the ability to purchase and customize properties throughout the game world
2023.03.27 01:50 StepwiseUndrape574 One of the biggest controversies surrounding the Grand Theft Auto series
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2023.03.27 01:02 AutoModerator [Get] Dan Wardrope – The Pay Per Lead Agency Blueprint 3.0 – Download Instant Delivery
2023.03.27 00:27 AndreyDidovskiy Collateral Tokenization - The Evolution of On-Chain Credit
![]() | Originally published: https://medium.com/the-crypto-masters-guide-tcmg/collateral-tokenization-1209bbecb22a submitted by AndreyDidovskiy to u/AndreyDidovskiy [link] [comments] This article has been written with the assumption that the reader has a basic knowledge of cryptocurrency, & digital asset industry. Great Primer available here → Unofficial Guide to DEFI ← https://preview.redd.it/mspkjrh4t5qa1.png?width=1024&format=png&auto=webp&s=9e9fd5d323a7c26f086df00d824e1920e1b038cb As we know, Credit is highly dependent on reputation & identity. In a young emerging digital world where reputation hasn’t had the chance to be properly built in yet, where everybody is pseudonymous & rarely holds themselves accountable, providing credit becomes a herculean task. DEcentralized FInance is the idea of creating a financial ecosystem built on infrastructure that is not owned by / dependent on any single entity. It is predicated on the combination of traditional financial infrastructure (credit/lending / etc.. ), distributed computation (blockchain & other DLTs) & the power of open-source software (tokenization). At the core of DEFI, as with tradFI, lies the credit concept. I forgot where I heard it, perhaps Mr. Ray Dalio: “Credit is the grease to the gears of the modern financial system.”To build any kind of serious financial system, credit must be a fundamental design component. Credit provides a broad range of sophisticated financial tooling including: - Leverage - Lending / Borrowing - Asset Issuance - Inverse Options - & basically everything else… The creation/implementation of credit has been explored by humanity for thousands of years & by the brightest of minds. Ultimately, the provision of credit is distilled to Collateralization. Collateral is the Holy grail when it comes to DEFI. Value in DEFI is primarily derived from its TVL (total-value-locked). TVL is a direct measure of collateral that users commit to a DEFI protocol. As it stands, the open-source world of cryptocurrency & blockchain has prolifically utilized the 3 variations of Collateralized models for the provision of On-Chain credit. Each variation of collateral has its own unique focus based on assumptions & tradeoffs in risk. - Equal (1-to-1) Collateralization -The most popular model sometimes referred to as “pegging”, equal collateral simply means that 1 token is issued per 1 unit of value. These tokens have the function of tracking the value of their underlying collateral.This system works based on 2 assumptions; 1) Tokens-to-collateral redemption, where it assumed that in the event a token holder would want to leave that system, they could do so by claiming the underlying value tool rather than having to trade. 2) Token-to-collateral price equanimity, where tokens are always at par with the underlying collateral. The best examples of this are stablecoins & Wrapped tokens. USDT, USDC, and BUSD are stablecoins that back their circulating token supply with a treasury of that exact amount. 1USDC=1USD WETH, WBTC, & others are Wrapped tokens that are issued in direct proportion to the amount of ETH/BTC committed, 1WBTC=1BTC USDC is issued by Circle. It is worth $1. If the MarketCap of USDC is $10 Billion; then Circle must have $10,000,000,000 in paper dollars/dollars in the bank WETH is issued by WETH protocol If Eth = $1,500 then Weth = $1,500 if ETH moves, Weth follows; if Weth moves, Eth should not follow. Supply of Weth depends on ETH input; - Over Collateralization -As the name might suggest, the over-collateralization model demands that users provide more value than they borrow. Popularized by projects such as Synthetix (SNX) & MakerDAO (MKR), tokens are issued based on collateral surplus.The reasons for an over-collateralization system are risk-based assumptions in its operations: -1) Price Volatility since tokens do not have to be of equal value (& carry a capital cost) where if a user takes a $10,000 loan using $10,000 of ETH as collateral & the price of Ethereum falls by 50%, then the user will not be incentivized to pay back their loan. -2) Liquidation, a necessary part of any risk mitigation system, liquidation is an automated protection mechanism against unfavorable price movement. -3) LTV Ratio, Loan-to-value ratio is a live measure of the “health” of any position. The leading benefit of the Over collateralization model is heavily rooted in risk aversion. However, this design favors protocols>users & diffuses capital velocity. This model is too complex & sensitive for mass adoption. Large upfront demands of collateral keep out the vast majority of the population from participating. The contact LTV monitoring & position balancing can be overwhelming for non-professionals. The more subtle nuance of over-collateralization relates to large amounts of capital that become stale as a byproduct of it having to sit in reserves. That non-productive capital creates a drag on supply capital flows, constricting the system. - Under (Fractional) Collateralization -\A quick note, this model has been around for decades, & is still in use around the world in TradFI systems* (view fractional reserve banking)The most modernized of collateral models; fractional collateral dampens the severity of risk deterrence in over-collateralized models & frees up the constrained capital. Crypto project FRAX is implementing this model for its crypto-native CPI & stablecoin project. Attempting to bridge the chasm of on-chain collateral by providing price guarantees through a sophisticated combination of digital asset reserves & algorithms. It is still too early to assume whether this model will (or will not) work. https://preview.redd.it/rr64g5n9t5qa1.png?width=1019&format=png&auto=webp&s=a3e77a2c434b844900c656ba1d5c9907785f4ade Types of Collateral in the Crypto ecosystemWhen thinking about posting collateral On-Chain in cyberspace the options quickly become very constrained;
Cryptocurrencies The most obvious form of collateral to be posted on-chain, cryptos innately possess more highly volatile price profiles than stablecoins. This makes it difficult for non-professionals to know when to post & how to manage their on-chain credit profiles. NFTs Lord have mercy. If you think Crypto is volatile, wait until you own a few NFTs. Theoretically, representative of ANYTHING, Non-fungibles are the latest technological boon in digital value experimentation. Slowly making their way into the credit markets through Fine Art (Fidenza) & Community memberships (BAYC), NFTs are a few short years away from becoming viable assets for posting collateral. This might even be NFTs that represent identity which garners creditworthiness through on-chain activity/signaling. RWA — Real-World Assets The most exciting development in the world on on-chain collateral is the introduction/expansion of Real World Assets. The list of RWA assets, & in turn the real market value of those assets, is incredible. - Real Estate - Government Bonds - Corporate Bonds - Stocks - Derivates - Options - Cash Advance - & more… RWA’s tokenization can happen as either Fungible or Non-fungible (Currencies or NFTs), it is all dependent on the issuing entity & their community's preferences. Great Resources for inspiration on RWAs: - Centrifuge & TinLake - Goldfinch - Maple Finance As we “bear” witness to the next phase of the crypto markets, it is important to understand that new systemic risks will constantly be arising in the presence of ever-evolving on-chain credit markets. There is no going back. Prepare accordingly. I hope to see you all on the other side 🥂 Originally published: https://medium.com/the-crypto-masters-guide-tcmg/collateral-tokenization-1209bbecb22a |
2023.03.27 00:19 StepwiseUndrape574 One of the most interesting rumors surrounding GTA 6 is the possibility that it will feature multiple playable characters,
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2023.03.26 21:45 AutoModerator [Get] UpViral – Viral Hacking Masterclass
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2023.03.26 21:14 boxleocourier Last Mile Delivery in Kenya
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2023.03.26 19:10 AutoModerator [Get] Matt Clark, Jason Katzenback – Amazing Selling Machine Evolution 13
2023.03.26 19:02 AutoModerator [Get] Paul Dang – Sales Legacy Download Full Course
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2023.03.26 18:02 AutoModerator [Get] TraderLion – Leadership Blueprint 2023 Full Course
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2023.03.26 17:49 One-Intern6447 Anyone get the burger at Jamie’a wondering how is it? Have dinner later and wasn’t sure if it was the right choice. Thanks.
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2023.03.26 17:45 AutoModerator [Get] UpViral – Viral Hacking Masterclass
![]() | Get the course here: https://www.genkicourses.com/product/upviral-viral-hacking-masterclass/ submitted by AutoModerator to Courses4Cheap2 [link] [comments] [Get] UpViral – Viral Hacking Masterclass 📷 https://preview.redd.it/yo7ms1f8i6pa1.jpg?width=1193&format=pjpg&auto=webp&s=202a114398fc493a2ffbd0a52a0b3a4747a915b0 To summarize here’s just some of what we cover in the seven-module (approximately seven weeks of training, done at your own preferred pace) ViralHacks Masterclass Series… MODULE 1 Introduction You get a solid introduction to the concept of viral marketing, why it works, and how you can leverage it to build your business. Regardless of the market or niche that you’re in! MODULE 2 Psychology Hacks and Strategies Learn and master the psychology of why people share things online, and how you can leverage that to pay off for your business! MODULE 3 Campaign Hacks and Strategies Learn about the types of campaigns that are proven to work. We’ll also cover the various types of promotional campaigns, including contests and giveaways, and determining which will work best for you. You’ll also learn the mechanics of elements like landing and share pages that will ensure your campaigns will succeed! MODULE 4 Follow-up Hacks and Strategies You’ll learn how to ensure your campaigns’ success with winning, powerful email follow-up sequences. Also learn the crucial elements needed to ensure that will keep your follow-up sequences and campaigns as successful as possible. MODULE 5 Traffic Hacks and Strategies We’ll cover the most innovative ways to generate that initial surge of traffic needed to get your viral campaigns to truly take off. No rehashed, old-school traffic generation stuff. You’ll learn only new, cutting-edge traffic generation strategies that you can apply to launch successful campaigns as well as to your existing sites! MODULE 6 Optimization Strategies We cover how to continuously test and improve your campaigns to achieve better success rates, and earn higher profits. Optimization and testing is absolutely crucial to achieving the maximum success possible. We’ll discuss why it’s critically important that you do it consistently, and why not doing so can cost you! Note: This module alone will return your investment in this course many times over – guaranteed! MODULE 7 Case Studies We’re going to take an in-depth look at several case studies of successful viral marketing campaigns and the strategies behind them. You will be able to apply what you learn from them to improve and ensure success in your own campaigns. |