DeFi.WTF Osaka Archive

[CarboClanC]

DeFi.WTF | The Power of Asking

• DeFi.WTF is a purely community-driven event as part of a concerted effort of modern resurrection of the Pynx, a supportive space for open, inclusive, informed, and thoughtful exchanges of ideas. Brought to you by a 21-Day Flash Organization: the WTF Collective.
• Osaka, Japan, 2019.10.07

WTF Vault: Archive of Speakers' Slides & Video Recaps (Updating)

No.	Topic	Slides and Videos	Speaker / Panelist / Moderator*
1	Bird's-eye View of the Emergent Ethereum DeFi Microcosm
1.1	Story of DeFi: How it Started, Where It Stands Now, DeFi Definition Revisited	Slides Video	Felix Feng -Set Protocol
1.2	DeFi East Meets West (Fire-side Chat)	Slides Video	Camila Russo -The Defiant Diane Dai -CypherJump
2	Evolution of Liquidity
2.1	DeFi Moneyness	Slides Video	Sunny Aggarwal -Cosmos
2.2	A Brief History Of Decentralized Exchange	Slides Video	Tom Schmidt -0x
2.3	Deep Dive into DeFi Liquidity Models (panel)	Video	Alex Evans -Placeholder * Tom Schmidt -0x Lev Livnev -Dapp.org/SCP Kyle Kistner -bZx
3	Implications of Intra- and Inter-dependencies
3.1	Visualizing DeFi: The Evolution of a Connected System	Slides Video	Christian Crowley -Alethio
3.2	Trust & Transparency	Video	Shruti Appiah * James Preswich -Summa / tBTC Sunny Aggarwal -Cosmos
3.3	Liquid Collaterals: Trojan Horse of Protocol Economics?	Video	TIna Zhen -YellowHatDAO * James Preswich -Summa -tBTC Illia Polosukhim -Near Sunny Aggarwal -Cosmos Dan Robinson -Paradigm Jake Kim-Everett
4	WTF Talks & Lunch
4.1	WTF Talk - Unlock Collateral for Yield	Slides Video	Mindao Yang -dForce / USDx
4.2	WTF Talk - Banking the Unbanked: They Don't Trust You	Slides Video	Claire Belmont -Celo
4.3	WTF Talk - Data: A New Form of Labor; Why DeFi is crucial to monetize it	Slides	Suji Yan -Maskbook
4.4	WTF Talk - People Powered Money in a Nutshell	Video Video	Kristoffer Naerland -Trustline
4.5	WTF Talk - Incognito Mode for your Crypto	Slides Video	Duy Huynh -Incognito
4.6	WTF Talk - Deep behaviour analyses of the MakerDAO events and data	Slides Video	Maksim Balashevich -Santiment
4.7	WTF Talk - Negative Liberty & Positive Liberty	Slides Video	Patrick Gallagher -rDai
5	Putting the "De" Back in DeFi
5.1	Some Issues in DeFi Centralization	Slides Video	Lev Livnev -Dapp.org / SCP
5.2	DAO in DeFi & & DeFi in DAO	Video	Jenna Zenk -MelonCouncil / AvantgardeFinance * Ameen Soleimani -MolochDAO / Spankchain Peter Pan -MetaCartel Jorge Izquierdo -Aragon Martin Koppelman -Gnosis / Dxdao
6	Attacks and Defenses
6.1	DeFi Risk Assessment Framework	Slides Video	Jack Clancy -CoDeFi
6.2	Attack Vectors in DeFi Ecosystem	Slides Video	Chiachi Wu -Peckshield
6.3	Modeling Financial Risk Transfers: Casestudy on MakerDAO Credit Events	Slides Video	Alex Evans -Placeholder
6.4	Cascading Failures through Highly Coupled Systems	Slides Video	Shruti Appiah
7	Conversation with Your DeFi Investor
7.1	How to think about Value?	Slides Video	Joel Monegro -Placeholder
7.2	Capture Value in DeFi: What didn't Work and What's Next	Video	Mable Jiang -Nirvana Capital * Chris McCann -Proof of Capital Lasse Clausen -1kx Richard Chen -1confirmation Haseeb Qureshi -Dragonfly Niraj Pant -Polychain
8	Inception vs. Deception
8.1	Chasing Yield: Interest Rates & Crypto Native Yields	Video	Tom Schmidt -0x * Dan Robinson -Paradigm Zhuoxun Yin -Dydx Trent Elmore -Topo Finance Jacob Shiach -Metamoneymarket Kyle Kistner -bZx
8.2	Should We and Can We Go from Over-collateralization to Under-collateralization?	Video	Haseeb Qureshi -Dragonfly * Martin Koppelman -Gnosis -Dxdao Allison Lu -UMA Kyle Kistner -bZx Mindao Yang -dForce -USDx
9	DeFi Product-Market-Fit
9.1	Mapping the Mass Adoption Puzzle: Missing Pieces within the DeFi Stack	Video	See Eun -Nonce * Tony Sheng -Multicoin Andrew Albertson -Fenwick&West Itamar Lesuisse -Argent Victor Zhang -AlphaWallet / TokenScript Vadim Koleoshkin -Zerion
9.2	DeFi's Real vs Expected Users: Institutions v.s. Retail, Human v.s. Bots v.s. Other Smart Contracts?	Video	Camila Russo -the Defiant * Noah Zinsmeister -Uniswap Bowen Wang -DDex Philip Seifert -imToken Andrew Keys -DARMA Capital Chao Pan -MakerDAO
10	What's Next for DeFi
10.1	Global Legal Landscape for DeFi	Slides Video	Dan Friedberg -Fenwick&West
10.2	Tightly Couple DeFi in ETH 2.0	Slides Video	Karl Floerach -Plasma Group
10.3	DeFi Bull vs. DeFi Bear: A Debate	Video	Kyle Kistner -bZx (Bull) Andrew Keys -DARMA Capital (Bear)
10.4	DeFi.WTF: Call for Research & Experiments	Video	Tina Zhen -YellowHatDAO Toya B -Nervos Shruti Appiah (Independent Researcher) Camila Russo -The Defiant Jenna Zenk -Melonport

DeFi.WTF Community Participation

1. "A DeFi Billboard" Harberger Taxes Social Experiment: https://defi.wtf/#/billboard

• This is the only place you’ll see logos, REALLY LOUD LOGOS. We are creating “A DeFi Billboard” specifically to take shilling off the serious discussions.
• “A DeFi Billboard” is both physical and virtual: We will conduct a continuous auction for 5 display slots on www.Defi.wtf with a Harberger Tax mechanism. In a Harberger Taxation model, the buyer/advertiser sets the price, then the next buyer accepts the price, and pays a tax until he/she is bought out by another buyer, or he stops paying taxes. The tax goes to the event’s ENS address: defiwtf.eth. The proceeds will go into funding the event and funding research that comes out of the event.

2. Donation to Community ENS: defiwtf.eth

• If you love what we’re doing and want to help make it a success, consider donating!As an OG supporter, you’ll instantly enter the WTF events’ hall of fame.
• You can include a 140-word message about why you’re donating or anything you want to say to the DeFi community, and your name and comment will be displayed on community website (www.DeFi.WTF), Twitter (@wtfdao), and at the event.

3. Stay Tuned

• Website: www.DeFi.wtf
• Twitter: @wtfdao
• Telegram: t.me/defiwtf

[0xSSoul]

Monte Carlo can offer some sponsorship to this summit if needed.

[pepae]

Hey guys, great idea and event!

The Trustlines Protocol team would love to give a quick talk in track 6: "Using a minimal viable side-chain design to scale a DEFI project - Trustlines Protocol". It could be a talking point for an alternative besides Ethereum and other Layer 1 solutions. What do you think, would there still be time to squeeze that in?

More info:
https://www.youtube.com/watch?v=xOk2uzxQVr8
https://github.com/trustlines-protocol/blockchain
https://medium.com/trustlines-foundation/introducing-the-trustlines-blockchain-682abe31e022

Thank you!

[owocki]

happy to give a talk about open source communities or open sou8rce sustainability

[CarboClanC]

Apply for giving a talk: Improving the User Experience of DEX

Dear Jie, thank you for your interest and your proposal. Great topic indeed！
What I would suggest is to follow the "Propose" format specified above:

• Name (or preferred alias), a one-line intro of yourself.
• Proposed Topic, and a one-line intro explaining the topic.
• An abstract, or link to a deck (optional)
• Twitter handle (optional)

We will have a voting period later next week for the community to use Quadratic Voting to decide on additional proposals to be included at the event.

[CarboClanC]

Hey guys, great idea and event!

The Trustlines Protocol team would love to give a quick talk in track 6: "Using a minimal viable side-chain design to scale a DEFI project - Trustlines Protocol". It could be a talking point for an alternative besides Ethereum and other Layer 1 solutions. What do you think, would there still be time to squeeze that in?

More info:
https://www.youtube.com/watch?v=xOk2uzxQVr8
https://github.com/trustlines-protocol/blockchain
https://medium.com/trustlines-foundation/introducing-the-trustlines-blockchain-682abe31e022

Thank you!

Dear Trustline team, thank you for your interest and your proposal. While scalability is crucial for most blockchain applications, scalability may not be the highest on the priority list for DeFi microcosm (at least for now). However, we are interested the fundamental research and design philosophy behind Trustline, and may we propose later a topic we believe the community can benefit the most from Trustiline team?

In addition, we are reshuffling the agenda at the moment to see if we will have more of a focus on risk framework, or usibility (mass adoption), and will have a voting period later next week to use Quadratic Voting to decide on additional proposals to be included at the event, stay tuned!

[CarboClanC]

happy to give a talk about open source communities or open sou8rce sustainability

Thanks Kevin, you may be interested in two of the experiments our community is taking on, thanks to hacker Minako Kojima's help!

1. "A DeFi Billboard"

as a social experiment using Harberger Tax for pricing the 10 Advertisement spaces on a neon sign "DeFi Billboard". The proceeds of the billboard will go into funding the event, as well as the funding continued research that comes out of the event.
"DeFi" as a term and a meme originated last year as a marketing alliance for a few early projects in the space to help the public understand their work, not individually but collectively as a whole. It started with a DeFi summit, and a website, and a telegram chat group. Over a year now, the meme took off to the point it became a hype word that everyone says but no one understands. The website is left unmaintained, and many new members of the community has raised questions as to why has there not been a community driven effort in keep it updated. And the DeFi chat channel has ballooned into a purely advertisement chat of over 3000 members. We no longer have the meaningful constructive discussion that comes out of the channel, in fact we all broke into out little groups (in China we have a group of over 300) to engage in more meaningful discussion.
And this is the inspiration for our social experiment "A DeFi Billboard": create a market-driven Billboard, so take the salesman pitch off the serious discussions. "A DeFi Billboard" is both physical and virtual: we will have a Physical retro-style neon billboard at the venue for the event for the winning logos, and a banner on DeFi.WTF website (expected launch by this Sunday, Sep 22). We may consider pooling re-twit and Wechat moments from DeFi and crypto influencers across different regions who are interested in taking part in this social experiment. The proceeds from before the launch of the event goes into event planning, the proceeds from after the event will go into funding continued research.
Currently we are still in designing phase, will try to hack out a prototype in 1 week!! Welcome comments and help!

2. Quadratic Voting

See RadicalXChange Matt Prewitt's issue: Interoperable Quadratic Voting Tool #64
Our community is hacking a QV tool for voting what to include in agenda, and later, on potentially what research direction to fund in the future.

[0xSSoul]

I apply for a talk about the evolution of the liquidity: beyond the MMORPG and the single player game.

I want to share my thoughts about liquidity on chain:

• Shortcomings of off-chain matching
• Learn from Uniswap
• Three keys to evolution of liquidity

[pepae]

Dear Trustline team, thank you for your interest and your proposal. While scalability is crucial for most blockchain applications, scalability may not be the highest on the priority list for DeFi microcosm (at least for now). However, we are interested the fundamental research and design philosophy behind Trustline, and may we propose later a topic we believe the community can benefit the most from Trustiline team?

Thank you, yes, this works as well! We can go more into the philosophical/economics aspects of mutual credit networks or even in the usability direction (i.e. why and for whom it could make sense to use mutual credit as an on-boarding method or as a complementary currency). Let us know what works for you!

[SiddigZeidan]

Hey guys! The POA Network and xDai Chain team would like to give a talk on "Derivatives of Dai". The talk, by tech lead Igor Barinov, will involve taking the audience on a journey towards Dai creation and its by-products that obviously include xDai but also:

1. CDP --> Dai
2. Eth --> PEth
3. cDai, rDai
4. Synthetic assets and their creation

Looking forward to getting feeback and hearing back from you!