Published inBluejay Finance·PinnedBluejay Finance Testnet ReviewBluejay Finance is building the next evolution of DeFi, to onboard the next billion users. With a focus on bringing financial opportunity to communities and businesses of Asia, we combine technical expertise, open communication, transparency and respect to solve the financial exclusion of the region. We have recently launched our…Defi9 min readDefi9 min read
Published inCoinmonks·PinnedMember-onlyI’ve lost $5000 over the last two weeks in decentralized finance farming yield. Here’s my story.Decentralized finance has been quite the hype for the past few months and I’ve finally decided to get my feet wet two weeks ago after my friend repeatedly prompted me to. Here’s what I’ve learned after losing ~$5000 on yield farming. Yield Farming Yield farming is one of the must-do in the…Defi7 min readDefi7 min read
Published inCoinmonks·PinnedMember-onlyDissecting Risk in Defi ProjectsYield farming is the newest kid around the block in the decentralized finance (Defi) space right now. With interest rates (or yield, or APY) over 100% on every other projects, one might overlook the level of risk associated with investing in Defi projects. In fact, that was how I lost…Defi11 min readDefi11 min read
Published inYard Couch·1 day agoHigh Risk, High Reward — What it Means & How to Manage the Downside with DiversificationRisk management basics: What exactly is it? — In the world of personal finance, you’ve probably heard the phrase “high risk, high reward.” This saying is a cornerstone of investment philosophy, often thrown around in discussions about stocks, bonds, or real estate. …Money5 min readMoney5 min read
Published inBluejay Finance·Mar 14Community Update: Impact of USDC & SVB Events on BluejayBackground Last week during the week of March 7th, both Silicon Valley Bank and Silvergate collapsed because of liquidity crises and subsequent bank runs. It was made known that Circle held $3.3B in cash reserves in SVB, and the fear around USDC’s exposure triggered a panic in the industry and depeg…Defi4 min readDefi4 min read
Published inBluejay Finance·Oct 6, 2022Capturing speculative trade as value for token holders with liquidity captorA huge token launch with high prices sounds good in practice but can hurt the protocol in the long term. …Defi5 min readDefi5 min read
Published inBluejay Finance·Aug 19, 2022Engineering Functions in BluejayA common misconception about engineers in DeFi companies, is that everyone is expected to write smart contracts. That is absolutely untrue! There are many ways that an engineer can contribute, that are not too dissimilar to a traditional technology company. In this article we will talk about what is behind…Careers6 min readCareers6 min read
Published inBluejay Finance·Aug 3, 2022What is pBLU?As we approach our launch in Q4, we understand that capital is needed to build a solid protocol. Specifically, capital is needed to not only attract top talent but also professional legal assistance, and reliable security audits. …Ethereum3 min readEthereum3 min read
Published inBluejay Finance·Jul 21, 2022Bluejay Finance: Our First Funding RoundThe last few months have not been the most optimistic for us in the industry; and yet, despite market volatility, a lot of us reallocated our resources sufficiently and continued to build towards our north star. …Defi3 min readDefi3 min read
Jul 18, 20223 Contrarian views of the future of DeFiTechnocrats have given bold predictions that decentralised finance will overthrow traditional finance. This sentiment has strengthened especially after the recent destabilising events in DeFi has seen the collapse of “CeFi establishments” like 3AC and Voyager while DeFi lending protocols like MakerDAO, AAVE, Compound held up. While I’m a huge proponent…Defi7 min readDefi7 min read
