DeFi Needs Better Primitives! Could AMPL be the solution... 💰
DeFi needs better primitives — that is to say, DeFi needs better base-monies!
Just as HTTP and FTP were the primitive building blocks of the web, today’s decentralized assets, BTC and ETH, are the primitive building blocks of the new DeFi economy.
These assets can be arranged to construct instruments for lending, debt, synthetic equities, and more. But today their limitations lie in their volatility and high correlation to one another — hence the requirement for extreme over-collateralization and the looming risk of auto-liquidation.
Join Evan Kuo and I as we speak about this in today's episode!
Links mentioned in the podcast :
Website >>> https://www.ampleforth.org/
Ampleforth Twitter >>> https://twitter.com/ampleforthorg
Defi Needs Better Primitives Blogpost >>> https://medium.com/ampleforth/defi-needs-better-primitives-6402c633b799
Telegram >>> https://web.telegram.org/#/im?p=@AmpleforthOrg
My Twitter >>> https://twitter.com/AbelsAbstracts
Our Newsletter >>> http://abelsabstracts.substack.com/