https://www.youtube.com/watch?v=KWD0N-xWxXs

1. DeFi
Composition
Decentralised Finance is taking over the world 🚀 🚀 🚀
Anton Bukov, April 23 2020

2. DeFi Composable Primitives
Compose em in any possible order
• Stablecoins
• Portfolios
• Derivatives
• Payment streams
• Order books
• Liquidity AMM
• Aggregators
• Borrowing
• Leverage
• Lottery
Exchanges LendingTokenization

3. DeFi Composable Primitives
Compose em in any possible order
• Stablecoins
• Portfolios
• Derivatives
• Payment streams
• Order books
• Liquidity AMM
• Aggregators
• Borrowing
• Leverage
• Lottery
Exchanges LendingTokenization
I have separate presentation about DEXes

4. Tokenization: Stabletokens
Some are decentralized, some are not, some are even aggregators like BTC++
• USD: DAI, USDC, USDT, TUSD, sUSD, PAX, GUSD, USD++
• EUR: Augmint E-EUR, EURS, sEUR
• BTC: WBTC, sBTC, pBTC, tBTC, BTC++
• GOLD: DGX
• XXX: sXXX (by Synthetix)
Ethereum
Blockchain
Token
Bank Account

5. Tokenization: Stabletokens
Some are decentralized, some are not, some are even aggregators like BTC++
• USD: DAI, USDC, USDT, TUSD, sUSD, PAX, GUSD, USD++
• EUR: Augmint E-EUR, EURS, sEUR
• BTC: WBTC, sBTC, pBTC, tBTC, BTC++
• GOLD: DGX
• XXX: sXXX (by Synthetix)
Ethereum
Blockchain
Token Pegging
Smart
Contract
Collateral

6. Tokenization: Stabletokens
Some are decentralized, some are not, some are even aggregators like BTC++
• USD: DAI, USDC, USDT, TUSD, sUSD, PAX, GUSD, USD++
• EUR: Augmint E-EUR, EURS, sEUR
• BTC: WBTC, sBTC, pBTC, tBTC, BTC++
• GOLD: DGX
• XXX: sXXX (by Synthetix)
Ethereum
Blockchain
Token Pegging
Smart
Contract
Other
Blockchain
Collateral

7. Tokenization: Portfolios
Some are instant-rebalancing, some are implementing complex strategy
• Instant-rebalancing:
• Uniswap, Bancor, Balancer, Curve
• Complex rebalancing strategy:
• TokenSets, Melon
• Diversification:
• BTC++, USD++

8. Tokenization: Portfolios
Some are instant-rebalancing, some are implementing complex strategy
• Instant-rebalancing:
• Uniswap, Bancor, Balancer, Curve
• Complex rebalancing strategy:
• TokenSets, Melon
• Diversification:
• BTC++, USD++
~|~
BNT
ETH
~|~
BNT
DAI
~|~
BNT
MKR
ETH BNT
ETH
DAI
ETH
MKR
MKR
DAI
SNX
BNT
ETH
SNX
DAI
BNT
DAI
USDC USDT

9. Tokenization: Portfolios
Some are instant-rebalancing, some are implementing more complex strategy
• Instant-rebalancing:
• Uniswap, Bancor, Balancer, Curve
• Complex rebalancing strategy:
• TokenSets, Melon
• Diversification:
• BTC++, USD++
Ethereum
Blockchain
SNX
MKR
ETH
BNT
DAI

10. Lending: Compound,Fulcrum,Aave,dForce
Tokenized lending, where borrowers continuously pay liquidity providers
• Borrowing:
• Compound, Fulcrum, Aave, dForce
• Leverage:
• Fulcrum, iLeverage, 1x.ag
• Lottery:
• PoolTogether

11. Lending: Compound,Fulcrum,Aave,dForce
Tokenized lending, where borrowers continuously pay liquidity providers
• Borrowing:
• Compound, Fulcrum, Aave, dForce
• Leverage:
• Fulcrum, iLeverage, 1x.ag
• Lottery:
• PoolTogether
cDAI
DAI DAI
DAIDAI
DAI DAI
DAI
DAI
DAI
DAI DAI
DAIDAI
DAI DAI
cETH
ETH
ETHETH
ETH ETHETH
ETH
ETH
ETH
ETH

12. Lending: Compound,Fulcrum,Aave,dForce
Tokenized lending, where borrowers continuously pay liquidity providers
• Borrowing:
• Compound, Fulcrum, Aave, dForce
• Leverage:
• Fulcrum, iLeverage, 1x.ag
• Lottery:
• PoolTogether
Funds
Position
Debt
Collateral
—
Borrowed
+

13. Lending
Tokenized lending, where borrowers continuously pay liquidity providers
• Borrowing:
• Compound, Fulcrum, Aave, dForce
• Leverage:
• Fulcrum, iLeverage, 1x.ag
• Lottery:
• PoolTogether
Funds
Spins up funds to turn it into
difference between collateral
and debt
Funds
Collateral
Debt
—

14. Lending: Compound,Fulcrum,Aave,dForce
Tokenized lending, where borrowers continuously pay liquidity providers
• Borrowing:
• Compound, Fulcrum, Aave, dForce
• Leverage:
• Fulcrum, iLeverage, 1x.ag
• Lottery:
• PoolTogether
Participants
Funds
Collateral
Winner receive
overall interest
+

15. Attention!
Thanks for your attention!
Anton Bukov, @k06a
Co-Founder of 1inch.exchange