What is DeFi 2.0? How Olympus and TIME actually work

[@WhiteboardCrypto]

Jesse just published a video on his experiment with Time Wonderland, you can watch it here: kzbin.info/www/bejne/o5naY2WIabN1qK8 Don't fall for anyone impersonating me in the comments below. Also don't fall for a chain of people talking about their 'mentor'. Both are scams and they're trying to take your money. Thanks for watching!

[@0116ch]

Hope to see you guys talk about defi projects on Cardano since its really early movers advantage for the projects

[@SHaaT3k]

@@0116ch I hope, I wish too

[@Elena-ne1ko]

@Joe Noah Amazing i also just started trading with Mr Franklin C. Davis With an initial investment of $2,400 i made up to $6,700 in just a week of trading with him..his strategies are mind blowing

[@lucasjoseantonio8610]

8btc and still counting in just 2 months, Expert Franklin Davis is the trade king as far I'm concerned. This man has really changed the life of many people from different countries and I'm a living testimony of that

[@lucasjoseantonio8610]

You can easily reach Mr Franklin over Whatsa'pp 👇

[@xerograv4644]

Motorcycle trips are dope, I’m sure you have no regrets there

[@dingalingus4338]

Green light

[@Napstone]

Yup! Just ask Che Guevara ... one motorcycle trip changed his life and the life of a nation forever!

[@10MinutestoRouletteFortune]

Monkey Butt from 8 hour rides sucks though.

[@jsouth489]

the quality of the content of this channel is second to none.

[@10MinutestoRouletteFortune]

These are community projects, friends. We count on each other for keeping these protocals going. Never take you your lump sum all at once. A little bit here and there is great but to take large sums all at once will create the "rug pull" we hope to stay away from.

[@toolegittoquit_001]

Game Theory

[@andresk4694]

Erh

[@Speaks4itself]

Lol

[@darkspawn88]

maybe it would be better if in these staking platforms,they pust some withdraw limits!

[@10MinutestoRouletteFortune]

@@darkspawn88 Strongly agree!! The only rug pull will be by everyone withdrawing at the same time.

[@dsfj151]

I was lucky to have discovered this 2 weeks back and researched on it. It's amazing how far we have come in crypto. Got into TIME and I'm currently 58% up in 2 weeks in USD terms

[@TheAssaschan]

We got in at the same time mate! Have made a motza 😃

[@aygwm]

Buy $TIME

[@ua8912]

Where did you find out about it?

[@jainilt]

How did you discovered?

[@SWINGERSNIPER]

same here

[@cutscene1260]

Never have I been this early

[@niteshsonar8008]

Hahaha same!

[@catsozen]

So early the views still haven't 100x

[@DC-tm1pt]

Ditto!

[@gwho]

Being early to crypto is better

[@lukaplays420]

Love this hahah

[@julioarcaiko]

Jesse is definitely a high value follow. Upstanding and transparent channel so far. Love the dude!

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@ethanknight24]

Man…. Y’all just keep making better and better videos. Keep it up, the community is grateful !

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@jakericablanca4456]

still the best crypto channel! deserves millions of subs!

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@srinivaskonanki1645]

always great learning form your videos

[@whatapp2683]

Hit me up immediately ☝️☝️🚀🚀

[@NappyWayz]

Man, people are going to get rekt if they don’t understand the risk. Start the countdown clock until we hear the first “I took a loan out on my house…” story.

[@cmykrypto9728]

I put in so much, playin with house money at this point though so…. To the moon XD

[@casualtake1497]

high risk high return

[@poiau7412]

high risk high reward, fuck it im earning life changing money

[@NappyWayz]

@@poiau7412 Get it king! Make the rekt gods never find you.

[@kagerouuuu]

WOOOOOOOOOOOOOOOOOOOOOOOOOO TIME WONDERLAND COVERAGE. LOVE IT

[@jimmybuckets4237]

Defi 2.0 was inevitable. Thanks legend

[@namanmehra3570]

Finally a video I’ve been waiting for

[@pronoia.]

best explaination on liquidity I've heard was by Balaji Srinivasan - It's like buying all the $1 milk at a store then going to another store doing the same until no store sells $1 milk only $1.50 milk after slippage.

[@whatapp2683]

Hit me up immediately ☝️☝️🚀🚀🚀...........

[@clifordnorence45]

wow!!

[@nick-eh5gb]

Cant wait for the liquidity va market cap video

[@Jesseg-rj6xf]

I’m all in with Time. Holding for a year, not taking profits till about 120 days and even then, slow and and steady. Ready to retire next year

[@whatapp2683]

Hit me up immediately ☝️☝️🚀🚀🚀...........

[@joaoalves7656]

Great video! Waiting the Olympus video ✌️

[@LDP..]

i just LOVE this coöperation !! my 2 favourite crypto channels

[@TheBigBro]

I love that you brought Jesse here!! Amazing video 💪

[@andcrypto]

I like the way you explain! Good job!💪

[@jesseeckel2]

Sooo good🙌🏻

[@DD-qe6uk]

what's up man, thanks for getting me into time :)

[@patricks.g.koehler8480]

Me and the homies love White Board Crypto

[@Beny123]

This post is 🔥 . I have watched so many of your videos . Look forward to your next video .

[@sathishkannan6600]

The videos are very clear.

[@sams5803]

Dude you have poured yourself into this channel! Epic! I love it I want to do this kind of stuff for a living so badly.

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@nicoshampine2513]

Great video! Jesse has a great channel

[@jesseeckel2]

Thanks Nico!

[@julius.2003]

I knew it was going to be Jesse. Stumbled across you through your comment on his channel :)

[@jesseeckel2]

🥳

[@dutch2589]

I found this video super helpful and subscribed. Love the animated approach. It led me to find Redacted Cartel's BTRFLY, thanks!

[@yunggirbaud]

I put 10k in a week ago & it’s been going good so far. I want to see month 1.

[@majedmoujaes9144]

so how much did you make so far?

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@yongkysiaw6597]

Crypto really is the future of finance. But it still needs more improvement for the smart contracts to close loop holes.

[@whatapp2683]

Hit me up immediately ☝️☝️🚀🚀🚀...........

[@giod6321]

Guys you have always great content! You make crypto for the mass!! Well, well done!!!

[@cauebraga]

Excellent. As always!

[@piotrkirszanek9023]

Almost forgot to hit like button here XD Great amount of knowledge presented in plain words. Thank you!

[@michelro]

Great video, looking forward for the next ones you mentioned. You got a new subscriber, Jesse was a great addition, keep it up!

[@liviumacovei4860]

Amazing easy to understand content.Only one question.On witch layer 1 Jasse made the investments?AVAX?Phantom? Solana?ETH i do not think so

[@TheBipin819]

Excellent as always please keep it up 👍

[@Web3Sage]

DeFi is a nothing but a nice financial innovation 🔥

[@mohoska91]

I would be really pleased if i saw a video about Vechains proof of authority

[@cato88.]

My man! Thank you for your time and knowledge.

[@VenanciaHolmquest]

Thanks for the analysis! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@AmanKhan-bw3rt]

Collaboration done finally 👌🏻👌🏻 I have seen your comment on his channel

[@shanedottie]

Glad i got into TIME a few months ago

[@davidpasini]

Question on Jesse's numbers: what percentage gain in token did he achieve.? I hade the same dollar increases in BTC and ETH in the last 30 days (appreciation increase, not actual yield creation)

[@ZainSohail]

But with this, not only do you gain the appreciation increase but also get yield on those tokens such as BTC or ETH.

[@davidpasini]

@@ZainSohail That is my point. New altcoins when starting and receiving liquidity, they have huge increases, ergo the high yield(as explained in the video). Here he achieved just market average (by dollar amount increase). That's why I was wondering what the actual yield in tokens was (eliminating so the price appreciation component)

[@ZainSohail]

@@davidpasini I think either he was only talking about the yield increase or maybe your calculations are incorrect? If not, seems quite sketchy.

[@imchaotix5450]

@@davidpasini these were outperforming when crypto was stagnant all of September, on top of that you can borrow against your holdings and double down essentially, essentially you’re getting 70% of whatever value you have in for the month, assuming price stays the same or slight increases then you would obviously net more, so buy in price is important but so is time in the protocol itself, lot of week stomachs out there can’t handle the price action

[@10MinutestoRouletteFortune]

This works in a bear AND bull market which is the true difference.

[@redtango75]

Good channel and really appreciate how informative videos. Take better care with who you invite on as a guest. If you look at the projects Jesse and his KYC outfit have been associated with... well there's a consistent theme there.

[@thunder02dragon]

Great Stuff Bud

[@hoekjohannes6817]

keep buying and investing in stocks or crypto,soon Bitcoin will hit $100,000

[@hellenmathis1997]

Bitcoin is the future, investing in it now will be the wisest thing to do especially with the current rise in Bitcoin

[@hellenmathis1997]

I made $13,800within 6days of trading

[@ruthmarcos7314]

@Heric Johnson you are absolutely right but we also have lots of expert, real ones with certificate and firm IDS out there waiting for investors

[@ruthmarcos7314]

the importance of a professional mentorship of an expert should be the first step in trading

[@usmanibrahim5221]

thanks for introducing me to Mrs Esther Loleh

[@howlcryptoshogun4829]

I would really appreciate a video on Stacks Accelerator :-)

[@caw5v]

could you do a video on Haven Protocol? the tech seems unique and useful but im not sure i completely understand it. thx

[@fmissark]

I've been waiting for this video

[@MissGayleEnlightens]

This is such a great channel ❤️

[@divib1313]

Please make a video on what is pancakeswap with detailed explanations. Thanks in advance !

[@Originalimoc]

Omg this channel grows so fast

[@jorgeruiz-zuniga677]

Can you do strongblock!!! Strong coin/strong node

[@steveshuffle]

loved this episode

[@DD-qe6uk]

Awesome video 👍 bullish on wonderland time, gonna be a game changer

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@naomiadarna6105]

I really love how you explain DeFi! It is very easy to understand. Hoping you can make a review about Humanode also. I've heard that this DeFi project has the full security of their network since they are the first crypto-biometric network.

[@jayasprilla164]

your content is fire. subscribed

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@bhaveshingale25]

why did you wrap it up? What are the risks ....?

[@jackytank]

amazing work, hey can you do a video explain Proof of Burn, that would be nice

[@gaglia]

You guys are great

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@markfernandes2467]

I like your videos but this one doesn't really explain "How Olympus and Time actually work" -, not as far as I can tell anyway. You say the line "where does all the extra money come from" (to pay liquidity providers) in your synopsis of what you call Defi 1.0. You note that "the money runs out" which leads to LP's leaving. Then you say the Pool (smart contract I guess) can own the Liquidity itself? What does that actually mean? People still lend their tokens and they can pull them out (if not locked) so I don't see the difference. Maybe I'm missing something? Anyway, I still don7t understand where the extra money comes from even in Defi 1.0. I mean I guess you mean they issue a token of their own and this is what they give you on top of the trading fees. That "extra money" is only worth what the market says it is though. which should be zero unless it does something. I think they have now thought up the term "governance token", which, in theory, gives you voting rights to have a say on how the protocol should go forward, which no one actually does and few people even give out by proxy I'm guessing. Still, it sounds nice and useful I guess. If you mean they give you extra money in the form of the token you are providing, how do they do that? Anyway, the big problem here is to explain how all of this doesn't work as a kind of Ponzi. It seems to rely on more money coming into the pool as if it doesn't, liquidity goes down and soon enough another pool will have more and therefore is more attractive to traders. when this happens, there will be a negative feedback loop and the pool's liquidity will surely get worse as both traders and providers leave seeking less risk and less volatility. Well, unless they like the volatility of course, which traders often do. Then there's the whole arbitrage problem. Prices will range widely due to them being closed systems. Of course, smart people might be able to take advantage of this and arb the disparity. I wonder how someone can do that. I'm sure some people are and that's who really likes Defi existing if you ask me. Let me know where I'm going wrong (if I am) and how I'm going wrong. Even better, make a video about it. Keep up the generally great work.

[@JonathanGoggans]

I've been looking into this too and I believe you're entirely correct. As far as I can understand it, the rate any of these projects can sustainably offer users is the average of everything the protocol earns from each staking pool it operates in. That's it. Full stop. So the only long term value I can see them providing a staker would be stability by essentially acting like a ETF of liquidity pools. Any extra money they pay out seems to be coming from 1 the current price of their dao's token, which. presumably is high purely due to market speculation which it inherity has almost no value. 2 ponzi type mechanics. When the music eventually stops with these systems, it will be a near rug pull event of massive scale. Hopefully it will happen gradually enough not to shake the whole crypto space but I'm quite doubtful.

[@markfernandes2467]

@@JonathanGoggans "1 the current price of their dao's token, which. presumably is high purely due to market speculation " - Oh I think it's worse than that tbh. I think what keeps the governance token artificially high is ironically low trading volume in that token (real trades, not wash trades, which they could use to inflate the fake trading vol). The volume traded of governance tokens is low (see CMC) or flagged as "disputed" or worse still, if the number of tokens can be inflated at a whim, or, burned to deflate, or isn't even transparent to begin with (again, see CMC) all of which are possible. There are all kinds of monetary tools they token issuer can use just like an irresponsible central bank to affect the price, another irony. The fact is that Time wonderland seems to pay out an APY of 64,000%, which, anyone with a brain will know would quickly mean that stakers, who hold a combined 300million + in the pool, would be owed more money than exists in the world to pay out on. lol So what will TIME do? Well, they will defacto devalue their token by dumping loads onto the market or pulling their liquidity when "time" runs out, pardon the pun. Then the 7,000 odd USD price will sink to near zero, (hyperinflation) and all those paper gains will be worth almost nothing. So then you're left with only what you got from fees, the rest is an illusion unless you time it right. At least a traditional Ponzi needs to persuade new money into the scheme, these guys can supplement new money by printing their own and offering that as a reward. Again, I'm fine being wrong about this stuff, but I don't hear anyone telling me where I'm going wrong in my thinking. Glad to see someone else is worried about what contagion happens when this all falls over. What I don't get is why the people like Vitalic don't publically say this is happening if I'm right. Surely he doesn't want this kind of thing happening and it's not like he needs the money. This really puzzles me. Of course, I don't expect KZbins and pumpers to call this stuff out, but people who haven't got skin in the game or are rich and want Crypto to actually work? Where are they all at? Where's the SEC and others too. No one seems to give a shit. This is why I constantly think I must be missing something and that I'm the dumb one. Until someone can explain why I'm wrong, I can't invest in these things and I'm even thinking of pulling out of crypto as it looks like these things are built on sand. We will get hit by the wave even if we are far away from the scams themselves

[@roiroi8794]

@@markfernandes2467 The APY won't be like that for a year - so there will never be an actual 80,000% APR (not APY). The liquidity is (don't know if it was stated in the video) absorbed by the treasury by giving out a discount to do so (a discount on TIME or OHM (Olympus). These ridiculous APYs are just Ponzinomics/incentives to draw people in. If people sell out, causing the price to drop - or unstake (not "locking" in the TIME to compound more TIME), the APY goes up, drawing people back in for those crazy rewards. What the future holds in terms of value creation and monetization is the uncertain part.

[@markfernandes2467]

@@roiroi8794 I know there won't ever be an APY of 80,000%, that's my point. Call it "Pozinomics" if you like but it's a lie and I don't invest in projects that outright know they are lying. As for APR, what's that got to do with it? APR is usually a term applied for loans (borrowing) APY is applied usually to savings rates, so yield. "The liquidity is (don't know if it was stated in the video) absorbed by the treasury by giving out a discount to do so (a discount on TIME or OHM (Olympus)." - sorry, I don't understand this part of your reply. Could be my fault. "If people sell out, causing the price to drop - or unstake (not "locking" in the TIME to compound more TIME), the APY goes up, drawing people back in for those crazy rewards." - Umm, more of nothing = nothing. This sounds like "hotel California-nomics"! "What the future holds in terms of value creation and monetization is the uncertain part".- Ponzi schemes do not create value. simples. Well, not for most people anyway.

[@JonathanGoggans]

The real scary thing as I see it is if you look at the value in the "treasuries" of Olympus and its forks, you can essentially consider any market cap captured as a deflationary force on those coins - eg they are no longer in circulation and should be a force which has driven those coins price up. Again if I understand correctly this value is only sitting in Olympus/TIME because people have deposited it there to get the crazy APY. When that evaporates, assuming people are even allowed to unstake en mass and don't get locked/rug pulled outright, suddenly you have an insane liquidity event which will not just crash the DAO's coin (OHM) but also should have a knock on effect on every coin they "hold" in the treasury. Obviously this can happen at regular swaps, but that is through organic market forces and incentives. Since these DAO's completely warp incentives, it will be a completely different effect. Olympus alone is showing a value of $752,685,775 for for its treasury. Unless I'm taking crazy pills that's almost ONE THIRD of the total crypto market cap??? I very seriously hope Olympus is just making up that number, but I'm afraid they aren't. The fact that this isn't absolutely terrifying for everyone in crypto maybe means a lot of smart people know something we don't, or the whole market is just some kind of insane.

[@KillerBeesAttack]

Sovryn - Defi for BTC is the most interesting Defi protocol out there in my opinion

[@lord12790]

This is damn early, thanks for all your knowledge

[@Raj-jz4fc]

Bhai apke comment mai scammer hai aya hai

[@chrochodilmociarny1342]

Could youmake a video about Bisq exchange please? It sounds interesting because they say that its based on TOR network

[@UdonTZai]

Can you please cover RADIX (XRD)?

[@einarmikal]

I love this collab 👌

[@NixonPhakati]

Can you guys please do a review on Anchor protocol. It’s a savings protocol which offers 19.50% APY close to 20%. Would really like to get your thoughts on it.

[@tudorv4785]

Please cover Radix (XRD) next!

[@zdeezy420]

The guy who made OHM. Says that it was never complete to his standards and he’s working on something much much better

[@GameOfLife55]

you mean Zeus ? when and where did he say that ?

[@myp0h]

Yes where is the link to that statement?

[@GameOfLife55]

@@myp0h there is no link because he made that statement out of his ass

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@harryzou930]

Looking forward to the video on olympus dao bonding

[@realgamer8436]

I'm 14 and I'm happy to be a crypto investor and trader , the money is fun but building those projects is better

[@MiguelGonzalez-hd5dn]

Very nice video. Please analyze COTI, thanks

[@NumNaughts]

So in Defi 1.0 some liquidity is owned by the dexes and users (when they are paid out) and in Defi 2.0 the protocol owns the liquidity, meaning the users staked tokens will increase while remaining in the protocol? Where does the stable coin come in? Because I see a lot of Defi 2.0 ecosystems having their own stable coin. Why is this important? Is it to improve user experience by allowing easier/cheaper trades???? Thank you!!!!

[@Nachoachountacho]

Can you make a video about Secret Network, please?

[@ancapistaomarxista4071]

Indeed

[@red_onex--x808]

Great info

[@tellder1]

Very nice video! Would you make a video about $DFI?

[@toncachuck3628]

Found your channel about a week ago and I’m hooked. Very simple and easy to understand videos. Thank you. I hear a lot about ecosystems, can you explain which coin is an ecosystem and which one is part of an ecosystem? Thanks in advance !!

[@voetbalveen]

An ecosystem is built upon a blockchain. Btc, eth, ada, sol, avax etc.

[@CubingCraze]

This video was 100% sponsored by Olympus

[@daminc]

Not necessarily, but still it feels like the vid dont belong here

[@oppertunist-trader]

Another excellent video. But I have a question, in Defi 2.0, if protocol owns and holds the liquidity and all the people own the protocol, then is not actually people own that liquidity?

[@sarahmajeed2672]

Waiting on more videos related to olympusDAO!

[@giovannip8600]

I think it might be a Ponzi scheme

[@TechWithAdil]

I bought TIME whne it was giving 70,000% APY now its giving 90,000% just amazing, in 1 year every investor will hae enough to retire.

[@DD-qe6uk]

how much u have?

[@justwatchingalot]

Is this video paid for by Olympus? Great vieo btw, I always love the way you break down complicated subjects :), very grateful!

[@estevanmendoza5207]

Mina protocol would be such a cool video, “lightest block chain” I’d love to see your explanation on this love the videos keep it up you the crypto guru of explanations

[@sulochanakharat9033]

Sir please make vedio on hashgraph 🙏🙏🙏

[@MrTien-yq6cj]

Can you do Social tokens? I don't understand much about it

[@garys9828]

Great video and content. Being new in the CRYPTO space, these videos have made it so much easier to understand. I wanted to ask if you have any book recommendations on crypto trading that I can pick up and read since I'm not allowed to use phone at work. Otherwise, thank you! 🙏

[@williamrafael5481]

I really apreciate your videos man, it reaally helped me to hunderstand this world better. Could you make one explaning market cap?

[@hakanakdag9491]

great video. I didn't fully understand DeFi 2.0 but it sounds like we are going backwards. protocol seems like it will centralize finance in a crypto currency way. also, whales still be actively change prices as they will have the most influence in the voting part. but this is a progress though.

[@jayshah9967]

Good Thoughts.

[@robertobonani4631]

yeah is funny that overall everything is just coping the normal sisyem with different name. from bargain to stock market ( see voting now) . can’t really see the innovation in crypto. If the goal is speculation where is the difference? cant drink crypto . money should be linked to something good as we are to many and the resources are few

[@skipskiperton4992]

could you do a vid on “reflections” like we hear spoken of in the holding of Saitama

[@nmdc93]

I know you've probably included the info in some of your videos but could you explain how exactly these pools can afford to pay out 20+% APY compared to traditional finance returns of like 1-4%

[@kylebaguan5320]

When the reserve coins like eth dai ohm goes up then it will payout the stakers

[@jugzster]

Because it’s a ponzi scheme

[@davidnguyen270]

@@jugzster except, by definition, it is not a Ponzi scheme.

[@dill23216]

You know how the bank lends out your coins or invest them? Well they make crazy returns and give you .01%. In crypto it’s the opposite.

[@mocapoable]

How do you feel about vvs

[@kohlwastaken]

Defi 2.0 bringing me closer to my $1,000,000 goal

[@Taoweee]

Can you do a vid about time wonderland? The staking is very high and I would love to learn more about it

[@Mattbriggs85]

Explain how leverage trading works on Tulip?

[@pinneďbÿwhiteboarďcrypt0]

Thankss~~~~

[@daskeds]

Thanks!

[@Nachoachountacho]

Also, what do you think about AstroSwap? The DEX of ADA

[@saadupaadu7]

Can please you do a video on Loopring? 🙏

[@selvakumar.p790]

can guys make video on how liquidity is more important than marketcap if you guys already made it then share me the link because i couldn't find it

[@nietur]

2:20 Not necessarily. If everyone only want's to spend 100$ max for the TV, then he can't get more, no matter the supply.

[@cyrizre]

Right, unless they refuse to sell for $100. People want their Netflix, so guess what happens

[@nietur]

@@cyrizre Then no TV gets sold.

[@Mr.Mindset]

hey what software do you use to create these animations/videos?