Connect with us


Brock Pierce for President 2020, Here’s why we should listen.


Brock Pierce officially announces he will be in the Run for the US Presidential election.

brock pierce

Saturday, July 4th  was a remarkable day in the world of politics and cryptocurrency. Brock Pierce, the young, forward-thinking entrepreneur announced he will be running for President of The United States of America.

Brock Pierce enters the Presidential race at a time when The United States is at a major crossroads, politically, economically, and socially. 

The surprise announcement has ushered in vibrant cheers within the blockchain, crypto, and DeFi community.

Brock announced his foray into the world of politics by making this grand declaration about his inclusion as an independent candidate and tweeted the news:

Link to Tweet

In his own words, in a video announcement that he made, he shared his thoughts with the world.
The USA has always been surviving on the double-edged sword of people vs technology. But Pierce has his hopes pinned on his stressed importance on blockchain, decentralized finance, AI, and other defining technologies of the future. 

Brock Pierce is an entrepreneur we all want to follow. 

He has donned several hats in his career starting from his brief stint as a child actor and performer to currently being the Chairman of the Bitcoin Foundation. He has also co-founded EOS Alliance, Block. one, Blockchain Capital, Tether, and Mastercoin.

The crypto fraternity is all cheers, and why not? Samson Mow told Brock on Twitter “You have my vote” and many others have shown support to this major disruption in the USA’s political world. Michael Novogratz the CEO of Galaxy Digital also wished him luck and hoped Brock gives his running mates a hell of a competition.

Crypto and DeFi fans are especially supportive of Pierce, knowing he will further bolster digital currency solutions,  blockchain technology, and decentralized finance.

With Pierce now in the run, it will be a major boost to not just cryptocurrency but every sector where technology can work wonders. 

In the video, Pierce talks about how his life has revolved around creating things from nothing to something substantial and game-changing. Looking at his thought process, we can find amazing analogies of his efforts to turn Puerto Rico into a crypto paradise. Puerto Rico, hard hit by the worst hurricane Maria in the history of the Americas was laden helpless. But, here there was a man who saw a huge opportunity in transforming the helpless situation into an effective one.

At 37, Brock Pierce, chose storm-shattered Puerto Rico to relocate to, wanting to invest and rebuild its economy by providing major financing to build infrastructure to encourage innovation.

We have seen true leaders around the world who have created magnanimous opportunities out of drastic situations and Brock Pierce proved it with Puerto Rico.

In late April, Pierce donated close to half a million dollar in today’s value of bitcoin to help those in Puerto Rico and the Caribbean to fight COVID.

And Pierce’s philanthropy towards Puerto Rico goes way back.

Previously, in Isla de Vieques and San Juan, Pierce spearheaded medical and clothing donations. In the El Yunque rain forest, he raised substantial amounts for the rescue and rehabilitation of endangered indigenius birds, and also propagated new colonies of honey bees allowing them to flourish and proliferate. In terms of housing, he funded and oversaw the reconstruction of numerous homes in Vega Alta, Isla de Vieques, and Luquillo to help literally rebuild Puerto Rico in response to the aftermath of Hurricane Maria. 

brock pierce

Regarding Puerto Rico and its people, he says:

“Puerto Ricans are so well educated, they’re so capable, they’re so competent, but due to a lack of opportunity, when you graduate from college, you leave.”

Pierce wants to change that by empowering and investing in the local communities so that every Puerto Rican has an equal opportunity.

Pierce has been revered for finding the perfect balance between wanting to aid and assist and empower the territory of Puerto Rico, without sacrificing their cultural identity, but rather embracing it.  Pierce loves the people of Puerto Rico.

brock pierce

Having been named in the Forbes list of Billionaires in 2018, Brock has clearly indicated that all his earnings were to the society because he holds a certain vision for it. He has already donated millions to charity as well.

Furthering his message to the world, he is a hard-core believer in the spirit of entrepreneurship and believes that it is only the hard work, vision, and perseverance of entrepreneurs that can rebuild the country and give it a new lease of lift post COVID. He aims at giving small businesses a boost so that they have a voice as he is aware of how it is to build businesses from scratch.

He also deeply understands how the world and emerging markets have a right to financial freedom and financial sovereignty.

“Two-thirds of the world’s population is unbanked or underbanked. Imagine if you had all your bank accounts shut down today, if you had all your credit cards shut off today, Paypal, Venmo, etc. What would life be like? And that’s a problem that most of the world faces if you’re in Latin America, Africa or South East Asia.” -Brock Pierce

Brock Pierce says that it’s high time Americans welcome technological advancement in all the spheres of life. He believes that futuristic technologies will be able to combat every situation as well as provide an effective tool for disaster management. Being his humble best, he also believes that he has faced every situation and failures and it is due to these experiences that has given him fortitude.

For a young achiever, and a celebrated entrepreneur with noble thoughts of leading the nation, Brock Pierce as President can be ground-breaking because of his innovative, technologically focused mindset plus his philanthropic values for the betterment of society. This will certainly appeal to Millenials and Generation Z, in addition to many individuals in their 30’s and 40’s. Many top crypto industry experts have placed their bet on Brock’s nomination and are hoping for major progress in the American economy in terms of technological advancement and being able to rise to the same level as other nations in terms of innovation.

brock pierce

Like how any great leader of a great nation should involve people celebrating the true spirit of democracy, Brock Pierce has called for unified efforts towards achieving the rebirth of a new America that would establish its greatness again. His recent discussions have centered around the Covid-19 pandemic and the recent protests held across the great nation.

Pierce aims to bring everyone together, and fights for inclusion rather than exclusion, financial independence for all, freedom to all people no matter what race, creed, religion or sexual identity, and most of all, he wants to bring back opportunity for all Americans. is #1 in DeFi News. Check back in soon to find out the latest in DeFi News.

Make sure to check out more DeFi Revolution articles and sign up for our exclusive newsletter + get access to *VIP DeFi Networking* here. – HOME – DeFi Market Watch

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Exclusive: Inside the Mind of Sam Bankman-Fried, the genius behind FTX & Alameda Research.


This Week caught up with one of the most talented young individuals in the space: Sam Bankman-Fried!

sam bankman-fried

Sam congrats on all your success thus far!  Tell us about your origin story.

Sam Bankman-Fried: I went to MIT, and worked as a trader at Jane Street after that.  In 2017 I started up Alameda Research, a crypto quant trading firm; in 2019 I started FTX; and now there’s also Serum.  My goal, in the end, is to be able to help the world however I can, and for now that means finding ways to donate as much as I can to the world’s most effective charities (earning to give).

You graduated with a degree in Physics from MIT, what was school like for you there? 

Massachusetts Institute of Technology logo vector - Logo MIT vector

Sam Bankman-Fried: I had a lot of fun getting to know myself and making a lot of really important friends and connects (including Gary, my eventual co-founder).  I guess I realized that I probably wasn’t really meant for academic research, though, which made the classes less exciting.

One thing that always fascinated me is that out of the four fundamental forces, we can link together the electromagnetic force,  the strong nuclear force, and the weak nuclear force, but not gravity. Why? For as much as we say we understand gravity, it seems there is so much about it we still don’t understand. What’s your take?

Sam Bankman-Fried: Honestly I’m not the best person to answer that 🙂 .  But coming up with a real TOE has been one of the main goals of physics over the last few decades.

How did you first get into quant trading? I read that you interned as a quantitative trader at Jane Street Capital. What was that like and what did you learn?

Sam Bankman-Fried: I had some friends who had interned at JS and liked it, so I decided to; it also seemed like a good place to earn to give.  I ended up really liking it–it was a great place to push myself, learn a lot about acting and thinking under time pressure, building longer-term projects, and communicating with people on a team.

Tell us about Alameda Research and how it started.

Sam Bankman-Fried: Alameda Research started up in late 2017 in light of the huge arbitrage opportunities on exchanges then–many sometimes many percent even just between different US exchanges.  We scaled up over the end of 2017 and start of 2018 to be able to do arbs, provide liquidity, and generally trade across the majority of the world’s crypto exchanges.  Over the years it’s grown to trade ~$1b/day globally.

sam bankman-fried

What made you decide to move to Hong Kong?

Sam Bankman-Fried: I came out to Macao for a conference in late 2018 and quickly found that there were more business meetings and opportunities here than I had anticipated.  So I canceled my flight back and rented out a WeWork in Causeway Bay.  It’s ended up being a really good place to be able to connect to the majority of the world’s crypto trading population!

When did you first decide that you wanted to build FTX?

Sam Bankman-Fried:  Around the same time as I moved to Hong Kong it was becoming clear that there was a lot of work to do on the major crypto derivatives exchanges.  And eventually there was sort of this “fuck it, we can do this better” attitude, so we start building.

File:FTX log.png - Wikipedia

Binance purchased shares in FTX in December 2019, tell us the backstory on how that came to fruition.

Sam Bankman-Fried:  It was a long time coming; we’d worked with them on a number of initiatives over the last few years including liquidity, OTC, etc.  But we eventually really started talking about ways we could work together; CZ and I both wanted to get a deal done here, so we made it work.

You guys are growing fast and have about 35 employees, what do you expect the growth to be like in the next year?

Sam Bankman-Fried:  It’s hard to tell!  And in fact since that last 35 employee figure came out we’ve grown a bit more.  I’d guess our doubling time is around 1 year now in most respects, which is a lot.

What are some of your favorite books that you have read?  Favorite films?

Sam Bankman-Fried:  I really like Marvel TV shows and some Christopher Nolan films (Dark Night, Inception, etc).  I also watch way too much TV — Bojack, Elementary, The Magicians, etc.
We’re looking forward to Tenet!

You have written some really good tweet threads lately about DeFi, tell us what potential you see in the rapidly emerging DeFi space. ( Obviously, we’re biased too, we love DeFi!)

Sam Bankman-Fried: I think that DeFi has the potential to rebuild a lot of the world’s financial infrastructure on totally open systems, which would be super exciting!  It has to keep focused on building good products, though, instead of getting lost in the weeds of hyperinflating yield.

Do you have hobbies that you love that would surprise people?

Sam Bankman-Fried: I watch a decent amount of sports–baseball, football, and basketball mostly (yeah, pretty boring).  I also play some Magic: The Gathering online when I’m bored (or during phone calls sometimes–they’re often sloooooooooow).
We at had some killer decks too!

As someone who is extremely well versed in pattern recognition what trends and microtrends do you anticipate next in the DeFi space?

Sam Bankman-Fried: At some point Yield Farming will die down and I think people will start to focus more on the products there’s long term demand for–and I think that product design and usability and power will start to become really important.

Some say being in the right place at the right time is a key to success.  Undoubtedly, you are immensely talented.  How much do you attribute the Bitmex Leaderboard to the eventual success of FTX?  Tell our viewers about that experience.

sam bankman-fried

Sam Bankman-Fried: That definitely helped!  But more generally we did a pretty concerted campaign around early 2019 to build up our brand, including a lot of OTC trading.  It’s really helped get us some recognition.

What future plans or new developments and features are you looking forward to rolling out for FTX?  Any projects you are particularly excited about?

Sam Bankman-Fried: I’m really excited to see additions to the Quant Zone, improvements to our options UI, and much more over the rest of the year.

FTX recently listed $YFI (Yearn.Finance)

As someone who is very successful under the age of 30, what advice do you have for the younger generations in terms of becoming successful, building things, and doing what they love?

Sam Bankman-Fried: I guess–find a way of working and living that works for you.  And when you find that, really push it as much as you can–a lot of the EV is in the tails.

Where do you see the DeFi and Blockchain landscape in 5 years? What do you think will surprise us?

Sam Bankman-Fried: Really hard to know!  But I think that if everything goes well DeFi in particular could really explode.

Thanks Sam! is really looking forward to seeing what you and FTX come up with next! You guys are always trailblazing. Until next time!

-The DeFiRev Team is #1 in DeFi News. Check back in soon to find out the latest in DeFi News.

Make sure to check out more DeFiRev articles and sign up for our exclusive newsletter + get access to VIP DeFi Networking here. – HOME – DeFi Market Watch

Continue Reading


UniSwap Heating up BIG TIME! Is this the end of IEOs? New DeFi Projects fundraising on Uniswap.


Uniswap charting major growth plans with V2, becoming the defacto industry leader.


Dharma, the Coinbase-backed DeFi startup has decided to add token-exchange protocol Uniswap as its latest in-app offering. Dharma users will now be able to trade any ERC20 token for another in addition to earning interest on Ethereum stablecoins. 

Uniswap is one of the most popular DeFi applications on Ethereum giving Ethereum users the ability to swap ETH and ERC20 tokens like MTA or YFI with any other Ethereum based token. It currently possesses $43 million of liquidity assets locked into the protocol. Instead of using the traditional order book model, Uniswap collates tokens into smart contracts allowing users to trade against the liquidity pools provided. Anyone on Uniswap can swap tokens or even add tokens to a pool to earn fees.

The Uniswap V2 was launched as the second iteration of Uniswap including several new features and upgrades. In the new version, any ERC20 token can be directly pooled with any other ERC20 Token. Wrapped Ether or WETH is used instead of native ETH in the core contracts. In the earlier version, all liquidity pools are between single ERC20 Token and ETH. 


The introduction of ERC20 token/ERC20 token pools in V2 will be useful for liquidity providers who have the potential to maintain a diverse ERC20 Token denominational position without the need to have an exposure to ETH. Some added features of V2 are:

Price Oracles

Uniswap V2 has implemented a novel functionality that allows for a highly decentralized and a manipulation-resistant on-chain price feed. This is essentially achieved by measuring prices and collating historical data to its potential allowing smart contracts to generate gas-efficient Uniswap prices across any timeline.

Flash Swaps

The V2 flash swaps allow the users to withdraw as much ERC20 token as wanted with no upfront costs. The withdrawals can be used for any purpose provided that at the end of transaction execution users pay for all ERC20 tokens withdrawn or pay a percentage of ERC20 tokens while returning the rest or finally opting for returning all ERC20 tokens withdrawn.


Technical upgrades

Uniswap V2 has also included some significant changes and improvements as given below:

  • Uniswap V2 efficiently takes care of ‘missing return’ ERC20 tokens that were not on the earlier version.
  • Smart contracts are now written in solidity rather than Vyper
  • Mutex to strengthen re-entrancy protection adding more support for ERC777 with other ERC20 non-standard tokens.
  • Error messages have become more figurative, meaning that they have become more descriptive. 

The protocol upgrade has been one of the best things with Uniswap this year. It has been trending over the past few days with sharp rises in trade volumes. A majority of the trade now happening on its new version, with a 24-hour trading volume of over USD 125 M on the upgraded protocol compared to 3.5 M on V1. 

Check out the trading volume over the last 2 months:

Source: CoinGecko

With Uniswap V2 reaching such high volumes, it is also being compared to exchange giants like Coinbase and Kraken. 


DEXs are permanently popular but despite their popularity, many have warned of the dangers of using decentralized exchanges like Uniswap considering that it is becoming vulnerable to becoming look-alikes of popular tokens. Uniswap has many imposter tokens because there is an almost zero barrier to entry and any ERC-20 token can be traced on it. 

Despite these claims, Uniswap is the largest DEX over the course of the second quarter this year even before V2 took off.

Uniswap is the perfect candidate for exploring the on-chain cash flows. Even without any additional growth, it has the potential to generate more than $5M + in liquidity provider fees this year. is #1 in DeFi News. Check back in soon to find out the latest in DeFi News.

Make sure to check out more DeFiRev articles and sign up for our exclusive newsletter + get access to VIP DeFi Networking here. – HOME – DeFi Market Watch

Continue Reading


Yearn.Finance Explosive Growth! Want to farm YFI? Here’s How. Yield Farming $YFI 101.


Yearn.Finance: Yield farmers are betting on YFI Yield farming

Why has YFI become so great that traders are yearning over their crypto to get it? The team said it’s valueless!

“We have released YFI, a completely valueless 0 supply token. We reiterate, it has 0 financial value. There is no premine, there is no sale, no you cannot buy it, no, it won’t be on Uniswap, no, there won’t be an auction. We don’t’ have any of it”

This is a flippant way to showcase that the token can be earned only with the yEarn platform with a total supply of 30,000 tokens that will be distributed to stakers in the liquidity pools of the platform. Like many DeFi tokens, it was not sold in any IDO. When YFI was announced, the tool pools that went live were:

  • yEarn to stake yCurve LP tokens to earn YFI
  • Balancer pool for stake balancer LP tokens for DAI/YFI pool to earn YFI.

A token once declared valueless by its issuers is now standing proud by driving over $150 million of deposits with more than 80-times growth achieved virtually overnight. Yield farming with yEarn’s YFI token has yielded annual returns of 1000% also to some traders.

What is Yield farming

Yield farming is a concept that is growing exponentially not just in the crypto markets but also in the mind space of the traders. Yield farming is to actually put your crypto assets to work and generate maximum returns on those assets. Yield farming lets traders earn a fixed or a variable interest by investing crypto in a DeFi market. So, investing in ETH is not Yield farming but lending out ETH on a DeFi platform above the ETH price appreciation is yield farming.

About yEarn

yEarn is a liquidity aggregator offering automated yield farming strategies with the help of diverse lending pools. is the most popular lending pool in the protocol providing the best return on liquidity to lenders. yEarn has also created something called a Curve’s Y pool that consists of top stablecoins like TUSD, USDC, etc. Recently yEarn released a native governance token, YFI which can be earned through liquidity money on different pools. It is earned by staking proof of liquidity. It is one of those DeFi tokens that has been launched with no pre-mine or DEX offering. 

The yield aggregator invests the capital into different and hot DeFi projects which are selected based on which projects have the highest yield and ROI. The capital reserves are distributed to be lent to different protocols like Aave, Compound, and dYdX. The protocol is looking at consistently adding a new pool so that it can make the most out of the DeFi platforms all across.
On the Yearn.Finance Website

Earning YFI token

The Y pool on Curve. Fi is considered the smartest way to access the pool. The pool is a collection of stablecoins that automatically is invested in lending protocols. One of the most common and much-talked-about yield farming strategies is liquidity mining. At the core of the concept, users stake their Proof of liquidity in any one supported pools in exchange for YFI rewards. Every pool has a cap of 10,000 YFI each till the governance modifies the inflation with on-chain voting. 

Here is a great video showing you how to yield farm YFI by DeFi Dad:

The incentivized Balancer pool also requires the staking $YFI that would further limit supply. DeFi farmers are staking up YFI and DAI in a bid to get BPT tokens which can be further staked on so that supplementary $YFI can be earned.

The YFI token in itself has no intrinsic value per se but the current hype, as well as token dynamics, has driven the value of the token to unimaginable heights. The value of the token comes from voting on the future course of the protocol. 

An interesting point to note is the max supply of YFI is only 30,000 units.

At present, there are 3 ways with which $YFI tokens can be obtained with liquidity mining. These methods have one thing in common and that is the inclusivity of staking capital in the form of stable coins. There are 3 active pools that produce 10,000 YFI per week. 

  • Staking on Y pool with Curve which is the most-used and the best way to access the Y liquidity pool.
  • Adding more liquidity to 2% YFI: 98% DAI pool on Balancer allowing for staking the BPT tokens on 
  • The third way is to add liquidity to 2% YFI:98% yCurve Pool on Balancer and then staking BPT tokens on
Current price of $YFI as of 7/28/20, 7:28pm PST is #1 in DeFi News. Check back in soon to find out the latest in DeFi News.

Make sure to check out more DeFiRev articles and sign up for our exclusive newsletter + get access to VIP DeFi Networking here. – HOME – DeFi Market Watch

Continue Reading
Bitcoin (BTC) $ 11,155.44
Ethereum (ETH) $ 385.81
XRP (XRP) $ 0.298540
Tether (USDT) $ 1.00
Bitcoin Cash (BCH) $ 286.62
Cardano (ADA) $ 0.142591
Bitcoin SV (BSV) $ 222.61
Litecoin (LTC) $ 57.44
ChainLink (LINK) $ 9.47
Binance Coin (BNB) $ 21.90
crypto-com-chain Coin (CRO) $ 0.156150
EOS (EOS) $ 3.02
Tezos (XTZ) $ 3.19
Stellar (XLM) $ 0.107217
OKB (OKB) $ 5.92
Monero (XMR) $ 87.74
TRON (TRX) $ 0.020141
LEO Token (LEO) $ 1.28
VeChain (VET) $ 0.017810
cDAI (CDAI) $ 0.020985
Huobi Token (HT) $ 4.76
USD Coin (USDC) $ 1.00
Cosmos (ATOM) $ 3.93
NEO (NEO) $ 12.49
IOTA (MIOTA) $ 0.302303
Ethereum Classic (ETC) $ 7.13
Dash (DASH) $ 86.41
Zcash (ZEC) $ 81.83
Maker (MKR) $ 589.17
NEM (XEM) $ 0.054598
Synthetix Network Token (SNX) $ 4.17
Ontology (ONT) $ 0.698668
Dogecoin (DOGE) $ 0.003401
Compound (COMP) $ 130.41
cETH (CETH) $ 7.71
Aave (LEND) $ 0.313501
Dai (DAI) $ 1.02
Basic Attention Token (BAT) $ 0.252990
DigiByte (DGB) $ 0.025741
FTX Token (FTT) $ 3.45
Ampleforth (AMPL) $ 0.800575
Theta Network (THETA) $ 0.308913
Elrond (ERD) $ 0.021234
Qtum (QTUM) $ 2.81
0x (ZRX) $ 0.396927
Kyber Network (KNC) $ 1.41
Algorand (ALGO) $ 0.319196
Paxos Standard (PAX) $ 1.00
UMA (UMA) $ 4.36
OMG Network (OMG) $ 1.56