Recap: DeFi Week of Oct. 7 🦄

Hello defiers, hope everyone is having a great weekend! If you were at Devcon, hope you’re resting up after an intense few days (conference+typhoon+earthquake). Also, many thanks to all the readers who approached me with nice things to say about The Defiant! Really made my week.

This past week started off with a bang with the DeFi.WTF event I helped organize with the amazing ladies Tina Zheng, Shruti Appiah and Toya Bu. Four packed days of Devcon followed, full of company announcements, crypto experimentation, interesting talks and side events. Read below to get the highlights.

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  • DeFi Users in Asia are Booming and Underestimated: If you take a look at the top projects and investors in decentralized finance, you’ll come out thinking it’s mainly a Western game. Look at the users, and that picture starts to change.

Tuesday (Devcon Day 1):

  • Ethereum Roadmap Talk: Some key takeaways were that state rent is being postponed and developers are considering eliminating the need for all nodes to hold complete history of Ethereum transactions.

  • Uniswap and Plasma Demo a More Scalable DEX: Uniswap and Plasma Group released a Layer 2 exchange demo and it could be a peak into a more scalable decentralized finance.

Wednesday (Devcon Day 2):

  • MakerDAO Announces Launch Date for Multi-Collateral Dai: MakerDAO founder Rune Christensen said multi-collateral Dai and Dai Savings Rate are launching on Nov. 18.

  • Mariano Conti on How Crypto Helps Him Protect Against 50% Inflation: Mariano, who is based in Buenos Aires, is an example of how crypto, and more specifically Dai and decentralized finance, can meaningfully improve people’s everyday lives.

  • Libra is Getting Forked: Facebook’s Libra is getting forked into OpenLibra, a permissionless version of the blockchain, Lucas Geiger of Wireline announced at Devcon.

Friday (Devcon Days 3 & 4):

  • Eth2 Mostly Preserves DeFi Composability, Vitalik Says: The transition to Ethereum 2.0 should be smooth for users and developers, and decentralized finance applications will be able to keep “talking” to each other, Vitalik Buterin wrote.

  • “Ethereum Scam:” It’s a common narrative, especially among Bitcoin advocates, to say that Ethereum is a scam. This is why there’s no basis to their claims.

  • Metamask Launches Web3 Plugins: Digital wallet Metamask is launching plugins to add crypto-based functionality to normal websites.

  • A Glimpse into Private Identity: Self-sovereign identity project Iden3 and decentralized exchange DeversiFi partnered to create a game for Devcon attendees, with the purpose to test technology that would enable people to be in control of their personal data.

💜Community Love💜

Thanking all the amazing defiers for the support and love this week (and always!)

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Thank you to @CamiRusso and The Defiant - - for knowing talent when she sees it! Her best pic of the day goes to........ #FollowNarly #DevConPark Image

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