Most interesting web3 design space? Building Complex DeFi Strategies Across Blockchains
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About this video
Discover the unexplored design space of integrating multiple blockchains for decentralized finance. Learn how to compose different blockchains, including Athena, to create a decentralized trading system with a stable yield. Explore the possibilities of decentralized finance. #BlockchainIntegration #DecentralizedFinance #CryptoTrading #StableYield #AthenaToken #BlockchainTechnology #ComposingBlockchains #DeFiExploration #DecentralizedTrading #CryptoInvestment
Transcript
184 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
like probably the most interesting design space like nobody's really spored this because Intel now hasn't been particularly possible is this idea of composing and having an application that composes multiple different blockchains together so an example I've been giving a lot of this is like if if you wanted to if you were a big fan of Athena and the fact that they've got this like uh you know tokenized basis trade kind of product that earns you like a more or
- 0:23
less stable y with like pretty high API that's like somewhat sustainable at least over the long term and you wanted to do this in a decentral way you you'd have to compose together at least two or three blockchains you don't to deposit it into DX and and get that one ex short position three blockchains you can't do that today you cannot do that in a in a decentralized way uh with chain signatures though you would be able to
- 0:45
do this because you can basically create this Bitcoin deposit account from the smart contract on the near side