13 Comments

Incredibly helpful start for someone without a finance background.

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Great tidbit on network effects

What's the point of building a wonderful cathedral if no one visits?

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Would it be possible for you to put out the valuations of the top 15 DeFi projects? The information is great here and exactly what I was looking for when I signed up.

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Yes that will happen, not on the free content but paid. Right now we're building out the comp sheet.

Please read this post at least 2 times though it is complicated. For example if a DeFi protocol makes all its money from one token do you think that is worth as much as another protocol that makes its money for 100 tokens?

This is why we're doing some major coins first and going from there

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Have you started posting Level 5 yet?

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Hahaha! Next up is YFI

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I loved the YFI post but comments are off for some reason. I'd love to learn more about Nexus Mutual.

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What are the best sources of earnings and its growth for defi projects?

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Could there be a future post about flash loans and how they work vs. collateralized loans? I originally thought DeFi lending was only possible by posting collateral, so am confused how uncollateralized lending is done here and in the broader crypto space.

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Sure thing! It's a new space so new crazy structures will come over time

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This is incredibly helpful and why I signed up - thank you!

Would be interested in understanding the main variables in DeFi that contribute to Revenue and Expenditure.

From what I understand, protocols earn money primarily from usage fees and spend money when they require validation of transactions from node operators/miners.

Am sure I'm missing a significant amount here.

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Man you are going to regret this post so much. Stay tuned for the next episode, we're going to go step by step down the rabbit hole of incentives costs etc.

This is a free post so it's just the building blocks

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Cheers!

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