Zeru participated in an insightful X Space hosted by @$API3, focusing on building DeFi on @Berachain. ✨

It was attended by some of the major protocols like @ShoebillFinance, @ivx_fi,@beradrome, @honeypotfinance, @Curvance, @dinero_xyz, @moneygoesburr, @diracfinance, @origami_fi, @rootsfi, & @MIM_Spell.

$API3 kicked off the discussion by introducing their decentralized Oracles. They secure over a billion dollars across 30 different chains and are a first-party native push, native OEV Oracle. Each data provider runs its own nodes, independently pushing prices on-chain where they’re aggregated. $API3 believes decentralizing data is a more efficient and effective approach.

Our CEO, @Ashutosh_Sahoo highlighted “We are trying to solve for something unique and something which has not been solved on chain on DeFi, which is zero collateral loans. Zero collateral loans are probably available for some institutional applications, but for retail, there are no zero collateral loans. We have managed to solve for both creditworthiness and recovery mechanism for bad loans.”

Honeypot Finance shared insights into the liquidity challenges faced by projects post-launch. Often, projects struggle to release tokens immediately that creates sudden pressures. The way they solve this is by building a DeFi hub that solves the liquidity segmentation problem.

Origami also shared that they are introducing a novel DeFi money Lego on Berachain by tokenizing automated leverage positions into "love tokens" or leveraged Origami vault tokens.
This allows users to swap in and out of these leverage positions like any other token

Waja from IVX provided an overview of their platform, which specializes in trading zero-day expiry options on Berachain. He quoted “You can get exceptional levels of leverage when trading these. We’re talking like 100x or 200x leverage without the liquidation risk and funding rates you have with perps.”

We thoroughly enjoyed attending this space and gained valuable insights from these industry leaders.

Get deeper dive into these discussions, listen to the full conversation here: https://t.co/88TCkkLqRH