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EeFi Richard

EeFi Richard

弹性金融Elastic Finance, Defi, web 3.0. https://discord.gg/nC32ussG twitter: @coinhun77349652
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A Series of Articles on Elastic Finance, Article 5: Systematic Risk of De-pegging and Advantages of SPOT

September 15th, 2022
As mentioned before, all decentralized stablecoins are born with a magic spell: You are not Bitcoin but counterfeits, so where does your credit come from? Credit is the cornerstone for a stablecoin to maintain stability. For decentralized stablecoins with specific pegs, the collapse of credit manifests itself as the risk of de-pegging, which is the internal and interactive result of the stablecoin project, so it is called systemic risk. Correspondingly, black swan events such as external incidents or sudden bad news (like scandals of the project team or wars) are called non-systematic risk.
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The Road to the Holy Grail II, How Does SPOT Help GHO and crvUSD?

September 2nd, 2022
In this article, we will discuss two stablecoin projects, GHO and crvUSD, which are not launched yet, but have a large volume. Their potential cooperation with SPOT will also be explored.
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The Road to the Holy Grail I: FRAX & Elastic Finance, Growing Pains

August 22nd, 2022
By EeFi Richard
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Tornado Cash's Revelation: We Need to Guard the Soul of DeFi

August 14th, 2022
In the past, we regarded the decentralized financial project as a game or an experiment to find happiness in our own comfort zone. However, with the continuous development of technology, the DeFi project is profoundly affecting the real world, which means that we need to take potential risks more seriously in the future. If we want to guard the decentralized soul of DeFi, we must take precautions. If you want to change the world, you can't be changed by the world.
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Elastic Ecosystem 4: How can Elastic Vault help you to get staking rewards during negative Rebases?

August 10th, 2022
Edited by EeFi Richard
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Elastic Ecosystem 3: ElasticSwap, A Bridge between Elastic Currency and DeFi

August 1st, 2022
By EeFi Richard and Loki\_VT
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Elastic Ecosystem 2.5: Why Can ButtonZero, a Web 3.0 Borrowing Platform, Synthesize AMPL with Double Yields?

July 28th, 2022
By Manny Rincon-Cruz @mrinconcruz & EeFi Richard @coinhun77349652
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Elastic Ecosystem 1: Why is AMPL not an Algorithmic Stablecoin?

July 15th, 2022
Today, we start a new series on elastic ecosystem, which will be updated from time to time. Various projects in elastic ecosystem will be discussed from different perspectives. At the beginning, we would like to mention the Ampleforth Protocol, the OG of Elastic Finance. For the concepts of “rebase” and “AMPL”, please refer to Article 2 “How to Realize Elastic Currency?” of the last Series on Elastic Finance. No more details will be covered here.
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A Series of Articles on Elastic Finance, Article 4: What’s the Future of Elastic Finance?

July 12th, 2022
Special thanks to Loki @Loki\_VT, Manny @mrinconcruz and Solomon @SolomonAdekale for the proof-reading and suggestions! It’s a great honor for me to share my readers some amazing projects in Elastic Ecosystem.
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