Yield Farming, DeFi, Risks & Opportunities with Kain Warwick of Synthetix Today we welcome back Kain Warwick from Synthetix to discuss all the latest innovation, developments, news & projects in within Ethereum's DeFi ecosystem. Decentralised finance or "DeFi" has been gaining attention & more importantly real world traction in recent months. With terms like DeFi yield farming or farming DeFi yield, popping up, hopefully this interview will explain their meanings, bring you up to speed, help you stay informed & aware of the associated risks. This was a fantastic chat covering everything you need to know about the Ethereum DeFi industry boom! #Ethereum #DeFi #FarmingYield 🎓 Free education, resources & discounts: https://ift.tt/2EnNUxx 🎓 Join Our Community: https://ift.tt/2QChRw8 Timestamps: 0:00 Introduction to yield farming 1:20 DeFi vs. open finance 4:15 Multi-dimensionality of the decentralisation spectrum 6:00 Synthetix Improvement Proposals (SIPs) 10:55 BTC Curve liquidity pool by Synthetix, Curve & Ren 13:30 Tokenised bitcoin on Ethereum 13:55 About Synthetix’s synthetic bitcoin (sBTC) 17:40 Stablecoin ecosystem & liquidity pools 18:25 How Synthetix started incentivising liquidity for sETH/ETH pool on Uniswap 20:40 Purpose of Uniswap-style AMM pools 23:30 Why is APY so high? 23:30 Risks of yield farming 28:45 Ethereum scaling solutions 31:10 Optimism–Synthetix collaboration 32:45 Understanding Ethereum gas prices 35:10 Yield farming projects 37:50 Curve’s AMM mechanism 41:20 Bank Frick as the last mile 44:15 Digital Thickshake Theory 46:00 What’s ahead for Synthetix synthetix.io renproject.io curve.fi compound.finance wbtc.cafe Glossary of Terms: https://ift.tt/2y1rsZs ETH 2.0 Explained: https://youtu.be/sQAKlpGEHw8 ETH Staking Explained: https://youtu.be/mnRfRF5vkwc How To Be Your Own Bank: https://youtu.be/gq9T2vLiDig dYdX Tutorial: https://youtu.be/OujtW5FmcFo Maker CPD Tutorial: https://youtu.be/sLRDWTtNC04 🔔 Did you enjoy this video? SUBSCRIBE for more: https://www.youtube.com/c/nuggetsnews?sub_confirmation=1 📹 For more Resources & Content: https://ift.tt/2EnNUxx 🎙 Always on the go? Tune in on your favourite Podcast app: https://ift.tt/376anJc #️⃣ Connect with us: Twitter: https://twitter.com/NuggetsNewsAU Facebook: https://ift.tt/2KhbH19 LinkedIn: https://ift.tt/31voNBx Instagram: https://ift.tt/2H4z7ad Reddit: https://ift.tt/1QLnSm5 _________ ❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances. The viewer should always: 1. Conduct their own research, 2. Never invest more than they are willing to lose, 3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.
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