The DeFi Uprising - BLA2020 Event 1 Recap
Introduction to DeFi — Beyond the Pump, Dump & Memes
BLA2020 will be focusing on the recent trend in blockchain, DeFi. Decentralized finance is one of the sectors that has been trying to shake the traditional financial ecosystem, providing solutions such as lending, staking, exchange of derivatives and many more! However, the barrier of adopting DeFi as a platform remains, as the general public does not understand the concept of DeFi well. Therefore, BLA aims to educate the masses about the potential of DeFi and inspire mass adoption of this technology.
If you’ve missed Event 1, fret not! We will be sharing event highlights and below!
Block Live Asia Event 1 Schedule —
▪️ Interaxis Co-Founder Adam Blumberg on 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘋𝘦𝘍𝘪?
▪️ Defiant News writer Sebastian Aldaroso on 𝘞𝘩𝘢𝘵 𝘠𝘰𝘶 𝘢𝘳𝘦 𝘔𝘪𝘴𝘴𝘪𝘯𝘨 𝘖𝘶𝘵 𝘪𝘯 𝘋𝘦𝘍𝘪.
▪️ DeFi Educator & Investor DeFi Dad on 𝘈 𝘊𝘰𝘮𝘱𝘳𝘦𝘩𝘦𝘯𝘴𝘪𝘷𝘦 𝘚𝘦𝘵 𝘰𝘧 𝘙𝘰𝘰𝘭𝘴 𝘵𝘰 𝘎𝘦𝘵 𝘚𝘵𝘢𝘳𝘵𝘦𝘥 𝘰𝘯 𝘠𝘪𝘦𝘭𝘥 𝘍𝘢𝘳𝘮𝘪𝘯𝘨.
▪️ Aave Community Manager DeFi Dude on The Dark Side of DeFi.
▪️ Economics Design Lead Economist Lisa JY Tan on 𝘞𝘩𝘺 𝘋𝘦𝘍𝘪 𝘪𝘴 𝘔𝘰𝘳𝘦 𝘛𝘩𝘢𝘯 𝘑𝘶𝘴𝘵 𝘢 𝘗𝘰𝘯𝘻𝘪 𝘚𝘤𝘢𝘮.
Block Live Asia Event 1 Highlights
Block Live Asia Full Event — 31st August 2020
What is DeFi? by Adam Blumberg
With DeFi TVL inching towards US$9 billion, it has gotten the attention of many investors and evangelist within the crypto space. However, not many truly understood the concept and benefits behind “Decentralised Finance”. With price and speculation out of the equation, learn more about “What is DeFi” from Adam during Block Live Asia Event 1. He gave a simple yet comprehensive explanation about the origin, concept and benefits of DeFi.
What You Are Missing Out in DeFi? by Sebastian Aldasoro
Now that you’ve learnt about the concept and benefits of DeFi, it is hard to ignore the monetary factor surrounding this technology. If you have yet to commit yourself into DeFi and is wondering what have you missed out so far, Sebastian shared about the gains and ultra-high yield (Up to 100% APY!) in 2020 during Block Live Asia Event 1. However, do always remember that high reward investments carries high risks as well. Do not #fomo into investing before doing your own due-diligence!
Comprehensive Set OF Tools to Get Started With Yield Farming by DeFi Dad
You’ve probably heard of investors receiving up to 100% APY through Yield Farming, the most lucrative incentive mechanism in the DeFi sector. But what exactly is Yield Farming? How do you start leveraging DeFi protocols to generate high rates of return? What do you need? DeFi Dad has the answer for you in his recent presentation during Block Live Asia Event 1! Kick start your “farming” journey today by clicking on the video below!
The Dark Side of DeFi by DeFi Dude
Nothing is perfect, so is DeFi. The concept and benefits of DeFi is definitely a game-changer within the blockchain and finance industry. And yes, the potential ROI in DeFi is extremely lucrative. However, there are numerous risks attached that could potentially be detrimental to investors. DeFi Dude from Aave shared about the various dark sides and risks involved during Block Live Asia Event 1.
Why DeFi is more than just a Ponzi Scam? by Lisa Tan
While the hype around the DeFi market has garner a lot of positive attention, many are still skeptical about the legitimacy and sustainability of DeFi. Although the 2020 bullish DeFi market shares numerous similarities with the 2017 ICO bubble, the crypto market are much more matured now as investors are generally more cautious. Although there will be projects jumping on the bandwagon in order to catch up with the hype train, DeFi is more than just high returns and yield. During event 1, Block Live Asia co-organiser Lisa Tan shared about why DeFi is more than a scam and how it is changing the world.
BLA2020 Event 2 (14/09/2020)
Meanwhile, don’t forget to sign up for #BLA2020 Event 2 on 14th September (19:00–21:00 GMT+8). Limited tickets available! Register here today: https://www.eventbrite.sg/e/block-live-asia-2020-the-defi-uprising-tickets-118166957551
About Block Live Asia
Organised by Grounded.Work, Economics Design and First Wave, BLA 2020 is a three-part digital event focusing on the recent trend within the blockchain and finance industry — DeFi. The #DeFi economy has grown massively this year as the total value locked is inching towards $10 billion. One day in DeFi is indeed 7 years in traditional finance.
We believe that DeFi is more than a short-term trend and it fundamentally innovates our existing financial system, giving the world access to an unlimited number of financial products and services.
BLA2020 Agenda-
Day 1 = Defi Introduction (31st August 2020)
Day 2 = Project Introduction (14th September 2020)
Day 3 = In-Depth Technical Explanation (28th September 2020)
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