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The event will take place during the OBT period and may result in early termination.
Early termination will be notified through the community and will be sent to BISKIT Wallet in batches after OBT termination.
Total 3,400 BISKIT
1. Puzzle Fantasy Game Sign up — 20BISKIT
2. Puzzle Fantasy Game Starts — 20BISKIT <Level Rewards>
Achieve Level 5 : 5 BISKIT Achieve Level 7 : 15 BISKIT Achieve Level 10 : 20 BISKIT Achieve Level 15 : 25 BISKIT Achieve Level 20 : 30 BISKIT Achieve Level 25 : 35 BISKIT Achieve Level 30 : 40 BISKIT Achieve Level 40 : 50 BISKIT Achieve Level 50 : 60 BISKIT Achieve Level 65 : 70 BISKIT Achieve Level 80 : 80 BISKIT Achieve Level 100 : 100 BISKIT Achieve Level 120 : 150 BISKIT Achieve Level 140 : 200 BISKIT Achieve Level 160 : 250 BISKIT Achieve Level 170 : 300 BISKIT Achieve Level 180 : 350 BISKIT Achieve Level 190 : 400 BISKIT Achieve Level 200 : 450 BISKIT
<Mission reward>
Mission 5 completed: 10 BIKSIT Mission 7 completed: 20 BIKSIT Mission 10 completed: 30 BISKIT Mission 15 completed: 40 BISKIT Mission 20 completed: 50 BISKIT Mission 21 completed: 60 BISKIT Mission 22 completed: 70 BISKIT Mission 23 completed: 100 BIKSIT Mission 24 completed: 150 BIKSIT Mission 25 completed: 200 BISKIT
Puzzle Fantasy
Puzzle fantasy is an RPG-style puzzle game that fights monsters by selecting three types of heroes. You can defeat monsters by popping puzz
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One minute to comprehend the DeFi lending agreement Aave unsecured credit and risk
Aave's unsecured credit function isn't ideal for borrowing between non-acquaintances, and more ideal for borrowing between institutions. Original title: "Aave launches unsecured credit function, is DeFi coming? 》 Written by: emusher On July 8th, the Ethereum lending agreement Aave announced the launch of a brand new feature called Credit Delegation, which allows users to provide peer-to-peer loans without collateral requirements, which can be significant for the large-scale expansion of DeFi Meaning, but it also introduces new risks. In this regard, Aave CEO Stani Kulechov explained how this feature works via Twitter:
Depositors can entrust their credit line. For instance , Karen deposits a USDT to Aave and entrusts her credit line to Chad, who are able to withdraw funds such as ETH from the Aave agreement.
Karen and Chad reached an agreement on loan terms, such as repayment, interest, and contract. The signing process of this agreement is implemented through OpenLaw, which ensures the enforceability of the loan, exactly like signing an agreement with DocuSign.
Following the agreement took effect, Karen created a CD vault smart contract, allowing Karen to set the credit limit and currency according to the agreement, and Chad could withdraw the loan through the borrow() function and repay the loan through the repeat() function. This open personal credit line has had flexibility to Chad.
Through entrusted loans, Karen can theoretically get yourself a higher mortgage interest when depositing with Aave, and Chad can borrow cash from Aave without collateral. How to control the danger of Lao Lai? We all know that in the standard lending industry, it's very common for borrowers to deliberately neglect to repay after making unsecured loans. This type of person is also called "Lao Lai. " Consequently , some individuals questioned the new features released by Aave. For instance , Crypto Kenneth commented on this: "If Chad is an old man and isn't ready to pay the amount of money, how do he punish him? Without a complete identity and the particular implementation of the agreement, Chad can quickly borrow the funds and run away. " In this regard, Stani Kulechov's explanation is: "You do not wish to delegate your credit to somebody you don't know, you may only delegate it to Chad you're knowledgeable about. " The implication is that Aave's credit authorization function would work for unsecured loans between acquaintances. Basically, this sort of lending requires the principal to totally comprehend the borrower or be able to judge the borrower's credit risk. Concerning the risks of the new features, DeFi Dude also raised his questions: "Is there a way to limit the credit limit? Easily entrust my credit limit to Chad, but I do not want him to make use of all my available credit limits, how is it possible? Will the credit limit drawn by him affect my liquidation? price? " In this regard, Stani Kulechov explained: "Yes, you are able to (1) limit the quantity you wish to authorize, (2) set the currency you need Chad to withdraw, (3) turn off the credit line so that Chad can't withdraw any available entrusted credit line. And the quantity he can withdraw can only just be within the product range of Aave's loan-to-value ratio. " Significance of Unsecured Lending for DeFi Expansion At present, most DeFi lending agreements adopt an over-collateralization mechanism. For instance , if I mortgage ETH worth $10, 000, I could only borrow DAI worth less than $7, 000, which greatly limits The possible use cases of blockchain lending are discussed. The peer-to-peer intermediary method adopted by Aave can theoretically bypass this restriction and permit the agreement to recuperate the borrower's loan away from blockchain. But its current plan means that it isn't ideal for borrowing between non-acquaintances, and more ideal for borrowing between institutions. In this regard, DeFi investor Stefano ₿ernardi also expressed his views: "Can more individuals donate to Karen's CDV? Or can people gather funds through Aragon DAO and use a real estate agent to open a CDV? "
According to Stani Kulechov, at the beginning, you will see a B2B relationship involving the principal and the borrower, but in theory it can be expanded through the asset pool model to diversify risks. Nevertheless, this new DeFi lending service will have more risks than over-collateralized lending. In addition , Kulechov stated in a interview with the media that DeFi as a whole remains too small and the needs more measures to produce it main-stream. He also added: "It is important for borrowers in order to convert stablecoins into fiat currencies with less fees. "
Les Fougères ou Filicophytes ou encore Filicophyta, sont une sous-division de cryptogames vasculaires. Elles comportent environ 13 000 espèces , le plus grand embranchement végétal après les Angiospermes. (wikipedia)
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