@DaCryptoGems Well said. But it is essential to increase the number of #DeFi projects that helps people stay in the market despite such fluctuations. #DebondProtocol which recreated a low-risk financial instrument, bonds, is a prime example. It bridges the gap between crypto and bond markets.
The motivation behind @DebondProtocol is to make it easy for everyone to access the familiar low-risk financial instrument, bonds. This innovative project is dedicated to democratizing finance for the masses. ๐ฅ ๐
I highly recommend you take a look at the thread below!
#DeFi is still imperfect. The construction of DeFi, which will pave the way for everyone to become a financial participant, keeps going.
But #Debond has been a pioneer in defining a new asset class, bonds, after swaps and staking.
Such a huge contribution to DeFi! ๐ช
#Debond's ERC-3475 standard allows the use of a more complex reward & repayment logic, compared to the ERC-20 standard. This multi-functionality of ERC-3475 lets anyone issue & trade bonds on-chain!
To the more decentralized, inclusive, and accessible finance! ๐ฅ
Another #DeBondCommunityUpdate ๐ฌ day, another chance to ask questions!
From the beginning, @DebondProtocol maintains its community-driven approach and brings you the most up-to-date information from the source!
See you at 12:00 UTC! ๐๐ป
@DebondProtocol In brief, D/Bond fixed the shortcomings of the ERC-20 token standard, making it possible to reinvent a financial instrument that was mainly monopolized by governments and institutions in #TradFi and making it accessible to anyone worldwide.
Better tech, more possibilities!
''There were two main obstacles: the incompatibility of bond classes and the limitation of existing token standards.''
Before @DebondProtocol created ERC-3475, there was no flexible #token standard to meet the decentralized bond ecology requirements.
๐งต ๐๐ป
@DebondProtocol After all, ERC-3475 can generate multiple classes and subcategories without publishing a new smart contract.
And ERC-3475 has been accepted by the #Ethereum Foundation. In other words, this standard is deemed secure, complete, and ready to be used on the chain. ๐ฅ
#Debond brings bonds and derivatives to #DeFi which has been deprived of them so far. So basically, Debond is the gateway to more advanced, independent & frictionless DeFi.
If you are interested in raising funds on the #blockchain, enter this gateway using the form below! ๐๐ป
Roughly speaking, @DebondProtocol has developed a new token standard that remedies the deficiencies of the core token standard ERC-20.
And with its ERC-3475, D/Bond brings bonds into #DeFi. So new. Matchless. โจ โจ
Jump on their Discord and learn D/Bonding!
JUST IN: @Google has partnered with @coinbase to accept #crypto payment for its cloud services.
Early next year, a select set of customers will be able to pay using $BTC and $ETH.
๐ฐ https://t.co/iJVTndbnhJ
Bonds are among the most demanded financial instruments. They are a reliable way of making a profit. The majority, however, didn't have easy access to bonds until #Debond!
This must-read thread showcases how Debond is paving the way for a huge decentralized bond economy! โ๏ธ