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DeFiChain Tech Talk - DFI Uniswap Staking, DeFi Options & DeFi Meta Chain

U-Zyn Chua
August 11, 2022

DeFiChain Tech Talk - DFI Uniswap Staking, DeFi Options & DeFi Meta Chain

Talk presented live and available at https://www.youtube.com/watch?v=__bzkD8h9KA

U-Zyn Chua

August 11, 2022
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Transcript

  1. Uniswap staking 1. 3 DEXes with rewards: 1. ETH-DFI 2.

    USDT-DFI 3. USDC-DFI 2. Must stake via https://uniswap.de fi chain.com to be eligible for LM rewards.
  2. DeFi community Let's reach out to the wider DeFi community

    – esp. Ethereum! Show them the APR, and educate them about the native DeFiChain!
  3. Wrytes Prototype for Options for DeFiChain. Prototype is built on

    EVM. Features: - Liquidity mining! - Flexible strike price and parameters. - Analogous to automated market-maker (AMM) of DEX - Combined liquidity pool
  4. Roles: Writer • Liquidity mining in DFI payout • Gets

    access to immediate premium • Provides guarantee to Options settlement • Exit requires wait time
  5. Roles: Buyer • Purchase options via combined liquidity pool. No

    need to look for counterparty. • Arbitrage against other Options market. • Pays premium (DFI). • Exercise if options expire ITM. (European style)
  6. DeFiChain Options • Liquidity mining earning DFI (ERC20). • Trial

    for 3 months for feedback, bug fi xes, improvements. • Recommendation for adoption into Native DeFi / DeFi Meta Chain after that. • DFI rewards are already pre-allocated in DFIP.
  7. Features 1. Full visibility on both chains: • Native DeFiChain

    + DeFi Meta Chain (EVM) 2. Consensus: • Native DeFiChain: Proof of Stake + Work (PoS+W) • DeFi Meta Chain: Proof of Anchor • Native blocks emit fi rst, carry DMC block meta data. • No block rewards at DMC, only tx fees.
  8. 3. Coin and Tokens interoperability • DFI and dTokens can

    cross chains • Fully trustless, no special nodes as all nodes have full visibility. • ERC20 compatibility – maximum compatibility with smart contracts of today! Features