🎙DeFi By Design EP #56: New Era of Money Markets in DeFi

Exclusive deep dive into the new era of money markets thanks to Qi Dao’s fixed interest rates, incredible user experience & more 🙌

The Rollup

Nov 18, 2021

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DeFi Slate Fam:

In the past couple of months, there’s been an explosion of DeFi projects. However, integrations between protocols are lacking and the current set of financial instruments are relatively simple compared to what we see in TradFi. One of these include, variable interest rates.

Today, we got to talk to QiDao, one of the newer DeFi primitives that introduces fixed interest rates. Compared to variable interest rates, users can hold their debt for as long as they want and only have to pay a 0.5% repayment fee. This along with their ability to accept interest-bearing tokens as collateral brings new use-cases for interest bearing stablecoins and makes the protocol stand out from others. We also got to discuss the team’s inspiration in launching QiDao, the importance of decentralizing protocols as well as how it should be a collective goal to make DeFi easier to use.

Cheers,

Wassie Capital

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🎙DeFi By Design EP #56: New Era of Money Markets in DeFi

🙌 Together with:

Degate, a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!

DeFi Saver, is your hub for advanced DeFi management including automation and liquidation protection on Aave & MakerDAO. Join their discord to learn more about the community!

DeversiFi is a layer 2 exchange providing deep order books so you can avoid gas costs and frustration, saving you time and money with every trade or swap. DeFi should be open to everyone, not just whales. Join their community on Discord now!

🔥 Partner Project Updates

PolygonHermez is an open-source ZK-Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!

Zerion is a DeFi dashboard AND mobile app that enables any smartphone holder, anywhere in the world, to build and manage their decentralized finance (DeFi) portfolio. Check it out here!

⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.

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