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The Hidden Potential of DeFi - TOKEN2049 London 2022

TOKEN2049Mon, Oct 9, 2023, 12:00 AM

Transcript

hello guys I'm sure you heard a lot of presentation about a web free device space today and yesterday and I will be another one but I hope I will tell you some interesting attractions and numbers which you might seen already but you might not thinking in the way how we think and we are bullied G5 yields aggregator and we are building our protocol within D5 space so first of all we want to show you the current market cap difference between current year and the year ago and you can see that we dropped more than two times already and of course everyone understand why because it's bear market and it might looks kind of depressing however if you look deeper and you will see the current trading volume you can see the difference in two years that we are actually growing and decentralized exchange volume is growing right now even if it's bear Market is growing about 1.5 percent which is very optimistic and my next slide will show you why so actually this is the graph which you might already seen in the recent research we show in the different regions according to of their value in the device space the blue the blue part of this graph showing D5 Market the orange part is actually a centralized market so the countries which is very wealthy countries how we call them like United States United Kingdom France Germany they all interdify because they have a lot of crypto and they quite used to Investments and they feel like defy it's a new opportunity to earn passive income for them they are open for new protocols they are open for that market and they play already on that market but we also can figure it out from that particular slide that the developing country interests like Philippines Venezuela Vietnam Nigeria they have even higher penetration of defy Market than wealthy countries why it's understandable for everyone that because of high inflation those countries are not believing their local currencies they mostly believe in cryptocurrencies and a lot of them actually holding their money in stable Coins Plus they also earning money and transfer money they use stable coins as a main currency for their daily daily financial needs moreover we have Nigeria they have a lot of high educated professional people and very low rate in terms of possibility to work so that's why they just go into crypto and earn money for their families that's why we can see that Nigeria Philippines in all of these countries for us it's a huge possibility it's a huge potential to build product there and to sell products to them in terms of them adoption index it's quite repeated my previous slides that we have a huge adoption index for Central and South Asia Plus North America and Western Europe which means that people there will go to defy more often than in other regions and we can actually just go to that market and increase our value of them why D5 Market is so popular right now so we together with my team compare centralized products with decentralized protocols in terms of API level and you see the difference so actually if you have the same things like if you have liquidity which is not locked up and more than 5K dollars and you want to earn passive income within D5 protocols you can earn higher apy than within centralized protocols and this this numbers for main crypto assets like usdt BTC ethereum and bullied have one of the highest API on the market right now so together with my team we decided to look within top two BNB chain protocols and actually Venus top one related protocol on BNB chain and we decided to look through the numbers and understand who are that users who is using defy products and initially you can see that they have quite good website visitors per month it's about 175k and at the same time they have 830 million dollars tvl total value locked but if you go deeper and you look into different worlds you can see that 76 worlds have 70 percent of total liquidity in BTC in this protocol from 25k wallets which is invested into this world only 14 wallets has more than 84 percent liquidity from 223k wallets which means this is very concentrated market so only few wallets actually have a most liquidity on that protocol so the next protocol which we research is also or based on BNB chain it's alpaca finance and it's kind of the same picture for example BNB world has only seven wallets and it's 50 of liquidity from 28k wallets in total which is invested in BNB to alpaca so what do you think about it we have like a summary here that's overall this Market is still developing markets it's very new market into this space and very few wallets actually investing into defy but why because I guess it's very professional market and only a few people can understand how actually play on D5 that be able to earn money and we think that's more simple easy protocols will be builded into the space more people will come into defy plus of course the whole situation with the current centralized Market will help us as well because people started to understand how actually understand what centralized market doing with their liquidity in terms of decentralized you can track this product because everything built on Smart contracts and easier you need to have more bowl lights so ballet is D5 yield aggregator which has one of the highest API on BNB chain we have no lookup period we have simplified interface that was our main target so and the strategy itself is automated it works through different top protocols within D5 space we work with the engine confirming protocols at the same time as a result we have a stable yield we have a highest AP wire BNB chain we're number one now for BTC and we have of course as a user you will have a much less time to research this Market which is very complex because you can use just us and get access to the highest API on the market in terms of problems which we try to solve so of course we try to solve a very high standard for the insurance so people don't understand how everything working here and we just try to automate it we also use a lot of protocols at the same time that's why we can diversify your income your liquidity sorry and of course we control liquidation risk impermanent losses because of automation we have also very huge Time Savings for you because we already chosen top protocols and the strategy Works automatically and can control liquidity and can't control what is going on on the market and this protocol actually fits for everyone even if you're professional investor or you just newcomers into that market so in terms of how it works you can see that we have a user liquidity we put it into different lensing protocols as a collateral we borrow different cryptocurrencies and put them to Texas we create up to 10 farming pairs at the same time and we collect fees from farming and landed protocols at the same time and exchange them to our utility token so users can claim their main investment as well as the rewards which we earn for them anytime without any local period so and everything what I just explained to you words automatically without any any action from the user so in terms of our results we achieved quite impressive results the protocol itself was launched only this year April 2002 but we raised organically in civil numbers and in API numbers as well so you can see that we have a very very good tractions and regarding our strategy we do a lot of Partnerships because the bear Market itself we need to support each other and we are not competitors we try to build this community all together and we actually are partners with all top defy protocols like Venus ape swap also uni swap by Swap and many many others we also partners with BNB chain and uh so we support each other even during this bear Market what is the next for us so actually we want to become multi-chain protocol we also want to list new tokens which we accept and of course we want to go to tier one exchanges and we will be listed next week on one of the tier one exchange so please centralize exchange please follow us and look at this very very exciting news for us and we will hire more talented people because we think that we need to grow this space together we're ready to educate people so if you're looking for new job please come to us and we are very happy to have this conversation and at the moment we're doing second smart contract audit we did before six months ago with company called Hakim so and we of course will continue to do the same so thank you so much for today and I hope to see you all in our wonderful Booth if you want to come and chat and follow us on social media thank you

Automatic transcript — names and jargon may be misspelled.