For us who use Decentralized Finance (DeFi) as a common term, we know it represents an enormous shift in how we transact with one another: borrowing money, exchanging currencies, how we view insurance, etc. While total assets involved in DeFi still seem to be increasing right now, there are various factors that will prevent us from growing further.submitted by BondlyFinance to u/BondlyFinance [link] [comments]
DeFi’s largest barriers for adoption
Interoperability — Right now Ethereum gas fees seem like they are always increasing and ETH 2.0 may still be 6 months or more away. We need the ability to make DeFi more accessible to individuals who can’t afford high gas prices per transaction and start including native blockchain assets that are stranded on other platforms.
Trust — Unfortunately our biggest issue is still trust. While none of us in crypto expect to know the identity of the other party, many of us just send funds to people we don’t know for vague promises of more wealth. In fact, the biggest type of fraud is still the “giveaway scam” which asks offer to send something back — but its only an offer, there is no guarantee. This is totally unsustainable.
What about doing business outside of crypto?
Ultimately, DeFi doesn’t keep going unless we create methods for non-crypto native businesses to integrate. While the community might approve sending crypto to each other without a safety in place, this will never work for 99% of online marketplaces.
So we need:
Bondly is a brainchild of over 3 years of working in fintech digital escrow payments + love for native DeFi. Adding our cumulative 13 years of traditional financial services, 6 years of eCommerce marketing, 4 years of Ethereum blockchain development, we think this will be one of the most important next steps in DeFi.
What is Bondly?Bondly is a trusted, transparent and portable swap protocol designed to make you into a marketplace.
Our family of trust-enabling, DeFi products are designed to be a part of your everyday buying and selling activities, giving you piece of mind for your next swap or online purchase.
BONDSWAP (BSWAP)Similar to Binance OTC Trading Portal but directly on-chain and can be sent via any chat app using different blockchains
Wallet to Wallet trustless Over the Counter (OTC) trades that are performed by signing a smart contract. Completely portable smart link can be sent via a chat app or on your favorite social media. It will first support all ERC-20 tokens and NFT (Ethereum) then eventually
With BSWAP you can:
BOND DEXSimilar to Mooniswap but includes rewards token provided to Liquidity Providers on top of fee share
Interoperable Decentralized Exchange (DEX) thats easy to use and blockchain agnostic. Requires liquidity provider (LP) participants to pool assets for a portion of transaction fees along with rewards APY rewards. Our pricing engine will compare major cross chain swap options and will let you know the best one to use (even if its not us). Validation is done directly within your Web3 browser (with Metamask) or polkadot.js based Native Wallet.
With BOND DEX you can:
BOND PROTECT (BPROTECT)Similar to Paypal/AliPay Express Buyer Protection combined with Escrow.com with a simple UX like Zapper.fi or Zircon
This is our most revolutionary product that we feel will have the largest impact to the eCommerce market.
PROTECT is decentralized escrow and buyer protection for customers of crypto friendly marketplaces.
How does BOND PROTECT work?For individual OTC Trades:
Bonding with PolkadotAs our ‘sibling’ projects Darwinia and Bifrost have realized, Polkadot and using Substrate represents a phenomenal step forward in interoperability.
In a future article we will talk more about our Kusama testnet release.
Whats next for BONDLY?BONDSWAP for Ethereum, the first formal product release, will be available soon (so hold off on your OTC transaction until then). This will include support for the Bondly staking program. Detailed roadmaps for the other products will be announced soon!
In the meantime we will be making additional articles (but not limited to) the following topics:
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.submitted by CryptoHamstereu to u/CryptoHamstereu [link] [comments]
Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Bitcoin Private Key Finder. Menu. Home; Search. Search for: Close search. Close Menu. Home. Categories. Bitcoin. Double interview with Binance Angels. Post author By bitcoinkeyfinder; Post date August 22, 2020; No Comments on Double interview with Binance Angels; THE Binance Angels are the volunteers who help the exchange to expand its communities regional and therefore usually manage the ... Binance Futures Overview. In early 2020, Binance Futures released their Futures trading platform, which has quickly grown to become the most popular Bitcoin futures tradingBitcoin futures trading Find out how Binance Coin works with the Binance ecosystem, including Binance Chain, Binance DEX and the exchange itself. Get the Finder app 🥳 A better score could get you a better deal ... Read our review of what you need to know about the Binance cryptocurrency exchange, including its usability, fees, potential security risks and more. You can trade Binance Coin against all other cryptocurrencies on the Binance exchange, similar to the way Bitcoin or Ether are major trading coins on most other exchanges, making it a versatile trading cryptocurrency for Binance users. Binance Coin as the Binance Chain native cryptocurrency. As the native token of Binance Chain, BNB can be used in the following ways: Can be used to pay network ... What is my BTC address? Your BTC address is a string of 26-35 letters and numbers that identify your Bitcoin wallet. BTC addresses begin with either a 1 or a 3 and are case-sensitive.. When you want to receive funds, this is the information that you provide to the person paying you.
[index]          
Learn the basics of Bitcoin Trading in Philippines for beginners. In this video I will show how to Buy and Sell or Trade btc to other altcoins. I will also s... Today, we take a closer look at how you can move your crypto assets from your Binance account to your Ledger Live account. Read more about it in this article... Bienvenido! Si te gusto el video dale Like y Suscribite! Hi there, on this channel I make videos on: • Stock Investing • Basic Financial Advice • Best Stocks... Explicamos como participar de Pool para ganar #BNB que repartirá #Binance y compartimos operaciones de #Scalping en vivo Noticia oficial de Binance: https:/... Bitcoin ( BTC ) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. The DeFi Compos... How to trade bitcoin futures on binance for beginners. Binance Bitcoin Futures Trading for Beginners EXPLAINED Join Binance https://www.binance.com/?ref=... Bitcoin Trading Guide If You're Trading Indian Market Binance ***** More Info ***** Website Link: https://nextlevelbot.com/ Binance... Binance Tutorial deutsch In diesem Video erfährst du wie man auf der Plattform Binance Kryptowährungen handeln kann und gegen Bitcoins kaufen und verkaufen k... Not on Coinbase Yet? Join Here: https://www.coinbase.com/join/5a0579e45698da00e3e10b86 A quick tutorial that shows you how to find a bitcoin transaction ID (...