The best DeFi projects of 2020
The Marketing Director of Set Protocol, Anthony Sassano, did he publish classification developed thanks to an experiment carried out by Camila Russo entitled “DeFi10 Portfolio“Who identifies i best DeFi projects of 2020 in terms of profitability.
In January, @CamiRusso put 100 Dai in 10 different DeFi applications and called this initiative the & # 039; DeFi10 & # 039; Portfolio.
– Anthony Sassano | sassal.eth (@ sassal0x) April 6, 2020
The experience was to invest 100 DAI on 10 DeFi projects in January, and monitor its profitability over the months.
Three months later, it is possible to start drawing the first sums.
In first position, he finished right TokenSet of Define the protocol, with a yield of 16.2%.
In this case, unlike many other protocols tested, it is not a gain from interest income on the sums lent, but from the purchase of positions in derivative assets, even complex called precisely together, and composed of a basket of other assets modified algorithmically according to automated logic on smart contracts.
In second position, there is rather Adai of aave. It is a simple loan system to DAI obtaining in return a gain due on the interest paid by the borrower.
In three months, the yield was 2.7%, but in mid-March it was 6.5%. The subsequent collapse of the crypto market reduced the gain to 2.7% more ordinary.
In third position, there is“IdaI of fulcrum, that despite The problems had its basic protocol, BZXhowever posted a return of 1.9%.
Follow me CDAI of compoundwith 1.6%, the DSR of MakerDAO with 1.3%, and Chai with 1.2%.
In reality, there are also two who not only did not return, but have produced a significant loss. Those are the Zap MKR and SNX of Unipool.
The loss was so large (between 15% and 22%) that it had all the experience of the DeFi10 portfolio has been lost.
In fact, these two loss-making investments were sufficient to reduce the initial capital from 1,000 DAI to 988.6 DAIdespite up to eight in 10 investments have generated profits, with one that even produced a yield of 16.2%.
The curious thing is that until March 11 The DeFi10 portfolio wins 4.5%, although the Zap SNX was already at a loss but during the crypto market collapse on March 12 from there, the DeFi10 portfolio suffered heavy losses, then recovered a bit in the following days, but not enough to return to a surplus.
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