DeFi Basics and Mechanics Roundtable Discussion with Bobby Ong

Bobby Ong is a Co-Founder and COO at CoinGecko and Co-author of “How to DeFi?”

In this video, Bobby answers the following questions in Class 10 of the Summer 2021 Cohort of Crypto Investment School Roundtable discussion:

00:00 Intro
00:14 Do you think DeFi and dapps will ever be accessible to less tech-savvy people?
03:00 Any projects in the works to use real assets as collateral like a home or rear item on Aave? What is the average loan to value approval?
05:40 Are there any cross or multi-chain DefF apps at the moment?
07:38 Are the projects in the works for DeFi to convert fiat-crypto or reverse, so more people will be onboarding to DEX? If so, what’s the time frame?
11:30 How will DeFi ecosystem standardize the transaction fees?
13:38 What are a few of the coolest new DeFi apps you’ve come across lately?
17:25 When borrowing from Aave or Compound, what influences the variable interest rate on your loan?
19:05 Would cross-chain LP be a common feature? Is there any multi-chain LP yet?
21:00 Can we find projects that will provide life insurance, car, or rental insurance? How do you see that being implemented?
24:40 What would you say is your “edge” when it comes to making your investment/trading decisions?

Learn more about DeFi in Bobby’s book: https://landing.coingecko.com/how-to-defi/

Join the waitlist for the next Crypto Investment School cohort here: https://blockgeeks.com/bootcamp/cryptoschool.html

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