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  • Another very important thing that happened in 2017 and 18 was the creation of the user to contract model, which of course led onto the creation of you know, swap and something called liquidity pools.

  • And again, I just want to call this out.

  • The big breakthrough that happened then was this idea of users interacting with smart contracts, which contained pools of funds from multiple users rather than are interacting directly directly with each other.

  • And again, if you go back to either delta, you had to wait around on that dex until somebody else decided to come around who wanted to buy or sell the coin you wanted to sell.

  • That produces a very horrible user experience with the user to contract model.

  • It changes everything because what happens is is these decentralized applications, they don't require as many interactions with the underlying Blockchain as the user to user model.

  • And so we saw things created like, you know, swap.

  • And again, the reason I'm putting their logo up because it always makes me laugh every time I see it.

  • Um, and you know, swap is really an incredible invention and an incredible logo.

  • If if you, if you make, if you tell me, my sons love the, you know, swap logo.

  • And the value of this user to contract model would be shown in 2018 when Hayden Adams created, you know, swap, which would revolutionize defy by building on this concept of liquidity pools and automated market makers.

  • This is so crucial.

  • And this leveraged that user to contract model.

  • And again, I'm just giving you a little bit of a taste.

  • We go deep into this inside the defi accelerator and all of those people will be learning a lot about, you know, swap this entire concept when we kick it all off next week defy which stands for decentralized finance.

  • This is a $9 trillion per year marketplace.

  • I want to talk about our brand new defy Academy.

  • Our first program is called the defi accelerator and we have been absolutely inundated with applications from around the world.

  • I'm gonna be talking about how you can profit from what I'm calling the greatest dislocation of wealth in human history, decentralized finance is already revolutionizing the world of finance.

  • You just don't know it yet.

  • I'm going to talk about the difference between defy and cryptocurrencies.

  • There's a big difference.

  • I want to go into how to trade the markets.

  • It takes a lot of discipline, it takes emotional discipline, it takes intelligence.

  • It's not an easy thing to do.

  • I'm looking for a small group of people who want to actively participate in this upcoming deep I revolution.

  • I'm looking for serious individuals only with real network who want to build this exciting financial infrastructure.

  • I'm looking for partners, collaborators, investors, colleagues who want to join forces and create real value and generational wealth.

  • If you're one of those people, go to London dot tv forward slash defy and submit your application now you've got a chance.

  • Life all comes down to a few moments.

  • You have a chance now to join me on this incredible adventure for the next 10 years, it will change your life, the lives of your Children and grandchildren, maybe the life of billions of people on this planet.

  • What are you gonna do?

  • What's the choice that you're going to make?

  • Mhm Yeah.

Another very important thing that happened in 2017 and 18 was the creation of the user to contract model, which of course led onto the creation of you know, swap and something called liquidity pools.

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B1 user swap contract model defy logo

How The User To Contract Model Birthed Uniswap ? ?. - Brian Rose

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    林宜悉 posted on 2021/07/02
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