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Introducing the DeFi Voltron concept, a super robot of automation efficiency, coordinated by @AndreCronjeTech and @iearnfinance core contributors.
DeFi Voltron is taking shape as key pieces of DeFi infrastructure come together, engaged in an automation war against general inefficiencies, fragmented liquidity, and uncontrolled risks.
This giant DeFi robot has the following weapons at its disposal:
@akropolisio - Institutional front-end
@SushiSwap - Spot & derivatives exchange
@CoverProtocol - Insurance
@picklefinance / @iearnfinance - Incentives & vault strategies
@CreamdotFinance - Protocol lending/leverage
@akropolisio - Institutional front-end
@SushiSwap - Spot & derivatives exchange
@CoverProtocol - Insurance
@picklefinance / @iearnfinance - Incentives & vault strategies
@CreamdotFinance - Protocol lending/leverage
Integration of these dev teams are more efficient and almost instantaneous in web3 given less challenges across culture, technology implementation, user engagement, and communications.
Culturally, defi devs are similar - code in solidity, dabble in yield farming (some more degen than others), believe that defi is the future of fintech, iterate quickly.
Tech stacks are nearly the same. Web3 doesn't yet offer diversity in dev tools. Smart contracts execute with no borders across Ethereum.
In a flash loan liquidation, funds can transfer across AAVE, Uniswap, CREAM, then back to Uniswap, AAVE in one block w/o multiple sign-ins.
In a flash loan liquidation, funds can transfer across AAVE, Uniswap, CREAM, then back to Uniswap, AAVE in one block w/o multiple sign-ins.
Smart contracts are the backend infrastructure. No lengthy/costly ERP integrations, network merging, dev environment/language challenges (wtf you code in perl? still on Ubuntu 14.04?!).
Teams, users, and communities already live on Telegram, Discord, Medium, and Twitter. There are only a handful of ways to interact with smart contracts across mobile web and desktop.
Altogether, this giant robot has assembled very quickly. It will move with much agility executing product development and collaborations with other protocols like @AaveAave, @compoundfinance, @synthetix_io, @AlphaFinanceLab, DyDx and more.
