Published in Bluejay 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 read
Published in Coinmonks·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 read
Published in Coinmonks·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 read
Published in Bluejay Finance·Aug 19Engineering 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 read
Published in Bluejay Finance·Aug 3What 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 read
Published in Bluejay Finance·Jul 21Bluejay 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 read
Jul 183 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 read
Published in Bluejay Finance·Mar 8Launch Schedule for Bluejay FinanceAs the team continued to make progress towards the launch, we are excited to share with you our timeline and roadmap towards launching BLU and then our first algorithmic stablecoin in Asia. Review of ProgressDefi6 min read
Published in Coinmonks·Mar 6An NFT that records your collection — Introducing Floppy DisksFloppy Disk NFT (floppydisknft.com) is a project that allows you to record different NFTs you’ve collected on Ethereum. Once an NFT has been “saved” it will transform into that and also add that into its history of saved NFTs. This not only allows you to continue wearing your verified profile…Nft4 min read
Mar 4Valuation of Governance Tokens of Protocols with Treasury with this 3 FactorsOne question I get asked a lot is what value does governance token have? It’s not any different from the valuation of the shares of a company really! To say that governance tokens have no value is the same as saying the shares of a company have no value. To…Defi5 min read
