Summary of DeFi’s Biggest Innovation Is Set To Launch SOON (What You Need To Know)

00:00:00 - 00:25:00

The video discusses the recent attack on Ave by Oracle, and how it has led to the price of Curve going up. Kamikaze points out that this attack was not successful in causing a market dump, and that Curve ended up being a net positive in terms of its price. Kamikaze also mentions that Oracle's announcement, which is bullish for the Curve ecosystem, was born off of the back of the exploit.

• 00:00:00 The DeFi's biggest innovation is set to launch soon and it could present a new opportunity for the defy ecosystem. The curve ecosystem is a big player in D5 and it's the application that ties in many other D5 protocols. Yesterday, a whale attempted to short the curved token and this resulted in a lot of panic, fun, and misinformation. However, I believe that the innovation that was born in the midst of all this chaos is set to be a big player in the defy ecosystem.
• 00:05:00 The video discusses Oracle's recent attack on Ave, and how it has led to the price of Curve going up. Kamikaze points out that this attack was not successful in causing a market dump, and that Curve ended up being a net positive in terms of its price. Kamikaze also mentions that Oracle's announcement, which is bullish for the Curve ecosystem, was born off of the back of the exploit.
• 00:10:00 DeFi's biggest innovation is set to launch soon, and it has major benefits for the space. One of these benefits is that the stable coin has an automated self-liquidation algorithm that prevents borrowers from being liquidated instantly in cases where the collateral they put up drops in value. Another is that the stable coin allows for lending and liquidity without relying on any other third-party.
• 00:15:00 DeFi's biggest innovation is set to launch soon, which is a lending liquidating algorithm that automatically liquidates your portfolio into curve USD whenever the price of the collateral drops. This allows for more passive management of your position, as well as liquidations remaining possible even if the collateral falls into a low-liquidation band. Curve also offers price oracles that help smooth out price spikes.
• 00:20:00 DeFi's biggest innovation is set to launch soon, and it is expected to have a positive impact on the curve ecosystem as a whole. The Dow is intended to gain administrative power over the curved USD, providing more governance utility for the curve token. Voters of the protocol will want to incentivize specific pools, and if these pools are paying higher emissions, that will attract outside liquidity to come into the curve. This could result in an increase in TBL in the curve overall.
• 00:25:00 The DeFi protocol is set to launch soon, and it is a very cool protocol that allows users to create their own portfolios and tweak their own weights.