Let’s talk : ReFi Ecosystem in current crypto market

Recorded: Feb. 16, 2024 Duration: 0:29:58

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Hello everyone, hello, happy Friday.
Welcome everyone to today's Twitter space on the ReFi ecosystem in the current crypto
market brought to you by Jaden Grid and it's been some time since we haven't had
announced the Twitter space but yet we are here again with another session and I'm thrilled to
be a host for this insightful discussion. Let's just like dive right in. Just excited to be here
and if you guys want to discuss with me about the ReFi ecosystem in the current crypto market
then you guys are most welcome. We know that the ReFi ecosystem just like has been booming lately
with the more projects emerging and gaining a lot of traction so yeah like it's just like
fashioning it in to see how decentralized finance is evolving and how the latest
trends in the ReFi space have been coming out right so yeah like if you guys want to discuss
with me about the ReFi ecosystem in the current crypto market then please do
come on to the speaker panel and let's discuss. So VR, Jaden Grid is on ReFi as well.
We run according to the ReFi so it's just like fascinating to see how like DeFi is evolving
right. I have also the one trend that I have noticed is the rise of the algorithmic stable
coins and their impact on lending and borrowing the protocols so what happens is like the stable
coins offer the stability while still like allowing the users to participate in the DeFi
activities right so yeah this is how like stability is crucial in a volatile market
where crypto is always considered as a volatile market so we definitely see decentralized space
decentralized exchanges shaping the ReFi ecosystem right so yeah like there are definitely a lot of
challenges right now when it comes to a renewable trend or ReFi trend but still I mean decentralized
space plays a vital role especially the exchanges in providing the liquidity and just like
facilitating the trading in the ReFi ecosystem right so with also the automated
market makers we would be able to witness a shift towards the more efficient and just like
accessible trading mechanism so yeah it's just like fascinating how DeFi is just like
democratizing the access to the final financial services and when it comes to the
challenges of the ReFi ecosystem regulatory uncertainty always remains a significant
challenge but yeah it's we all know that this piece continues to innovate so it's just like
essential for the regulators to just like provide the clarity to ensure its long-term growth and
stability right so yeah like beside this like we all know that regulatory charity is
sorry regulatory clarity is crucial for the mainstream adoption and we get to see a lot
of opportunities for the growth in the ReFi space at the same time and when we talk about the
growth in the ReFi space cross-chain interoperability is also and it's also
like exciting opportunity for the ReFi ecosystem and as different blockchains and networks become
just like more interconnected we will definitely see the increased liquidity and efficiency across
the platforms for sure and yeah that wasn't like that that's really an exciting prospect
for the future of defining itself so yeah if you guys want to come over here and discuss about
the ReFi ecosystem in the crypto space or anything you guys would want to add or discuss
you guys are most welcome we have not been able to bring the rest of our team members
onto the space we are going to have the collaborative space like probably next
weeks right upcoming weeks where our team is going to be there and we will be addressing about
the development that's going on right now so today we have just like picked off topic that align with
our vision and that is the ReFi ecosystem in the current crypto market right so yeah let me
just like looks like someone is here requesting for the speaker okay let me just like try to
bring him over the speaker panel
okay seems like there is some sort of issue i don't know
uh and we also know i mean like how ReFi is just like new and uh like rapidly expanding
field of finance that definitely has the potential to have a significant impact on the crypto space
itself it's just like a new and rapidly expanding field of finance right and uh our vision definitely
aligned with the ReFi and uh looks like there is someone onto the speaker panel
let me just add him or her to the speaker panel okay
hello hello hope there is no connection issue at the moment hello hello are you there
i just want to know if i'm audible or not
hello hello hello am i audible hello yeah yeah yeah you are audible
hello hello you are audible kshana welcome to this space
you're uh i'm getting your voice too low your voice is too low
but my voice is sorry your voice is too low and my time here is clearly
really i just would want to know from um other guys if i'm audible or not please let me know
and just like send me a ticker if you guys think that i'm audible uh can you hear me now kshana
hello hello yeah can you hear me now yeah i can i can yeah okay then
uh do you want to discuss about ReFi or any question do you have related to our topic today
yeah i have a quick question about the ReFi yeah please go on yeah can you tell
me what is the ReFi and what is what is the intersection of crypto and its climate
uh yeah i mean uh the topic main the today's topic is like is about the ReFi ecosystem in
the current crypto market anyway thank you for the question because this term ReFi a lot of
people they're not like familiar with this term right so uh yeah ReFi is a regenerative finance
right uh which is a financial system that just like prioritizes the reliance of the ecosystem
and just like the planet over the uh financial gain itself so when we talk about its
um impact on the crypto world uh like ReFi has already begun to have an impact on the crypto
space and it's just like likely to continue to do so in the future itself and uh we know
about the rise of the environmental social and uh like what we call governance focused
cryptocurrencies is just like uh one of the significant ways that ReFi is impacting the
crypto space in a very crucial way and uh we know that the cryptocurrencies are intended to
promote the sustainability and just like responsible investing and we also know that
they are getting a lot of popularity among the investors who just like want to align with the
investment with their values right so uh there are lots of like tokens coins that are focused
on the financing uh renewable energy projects and like uh we uh like g iron grid also we do uh
align with the vision of the ReFi itself and uh let's like since you have asked this
question let's let's talk about the uh intersection between the ReFi and DeFi as well
right uh hope i uh i was able to answer your question Keshana yeah thank you for your answer
again you're most welcome so when we talk about the uh intersection of uh ReFi with DeFi right
uh it's just like uh we know that uh the growth of the DeFi and the blockchain best finance is just
like another way that ReFi is influencing the crypto space itself and we know how rapidly
growing area finance based on the blockchain technology that is just like frequently uh
touted or uh like taken as more transparent secure uh than than most of the traditional finance
itself so uh DeFi just like the DeFi has the potential uh to provide the financial services
uh to the previously undeserved communities and just like promoting the financial inclusion
by just like leveraging the uh decentralized systems right uh it it is just like uh this is
just spatially uh like crucial for the ReFi because it allows the community to take the
control of their financial systems and prioritize sustainability in it so that's how it is related
right and uh uh as i've told you guys that ReFi is also influencing the crypto space by
just like uh encouraging the creation of the uh new financial uh instruments or asenda that
prioritize sustainability uh for example several cryptocurrencies are just like now to
uh now have a label to promote the growth of the sustainable you know agriculture and just like
assist the uh small scale farmers at the same time right so yeah like that's how it goes on and
the ReFi reflects the financial system uh as as i as i've already told you guys
so uh when we talk about uh differences between the ReFi from the traditional finance
like ReFi differs from the traditional finance that is it just like prioritize the ecosystem
and just like res silence over the whole financial gain right and it just like
aims to promote the uh transparent uh financial system that can contribute to the long-term
sustainability of the planet itself so uh traditional finance on the other hand has been just like
like considered for prioritizing the short-term profits over the long-term sustainability
sustainability so that is how we differ i mean we differ the refi or regenerative finance from
the traditional finance itself and that there is a significance like we know that the ReFi is the
most important topic or trend right now in this space as well so before discussing about the
significance if you guys want to come over here and discuss with me please uh please request
and then come over here so that we could have a held discussion on ReFi and then we will move
forward with this piece so let me just like
okay there's no one on the speaker panel right now but still if you guys want to come over here
and uh have some healthy discussion
you guys are most welcome hope i'm audible right now there is no not any short of issues going on
okay okay hope i'm audible so let me just uh move forward and uh as i was talking about the
significance of the ReFi itself right uh we know that how important ReFi is because
it just like establish a new paradigm for responsible investing and financial
system at the same time and this era of increasing the environmental and social challenges
ReFi definitely offers a new approach to the finance that uh prioritizes the long-term health
and uh the resilience of the ecosystems and the planet which just like promotes the
fair equitable financial system itself so uh we are not uh
we are not sure if like uh ReFi is gonna go to the mainstream or not but still uh
one can say that ReFi is highly likely to go to the mainstream and uh
for any decentralized product to find success in the financial landscape there are a lot of
criterias for that it's either by creating the new value or achieving the new useful
institutional use cases for it so ReFi is just like unique value proposition allows it to
heat uh both as it manages to just like combine the regenerative economics and DeFi at the same
time so uh what we call like it can focus on both like balanced and circulatory capital flow right
uh at the same time and while taking care of the people by democratizing the management of our
financial system and access to the financial services to inclusiveness itself so yeah like
many argue that the current situation or mechanism which try to create a regenerative economy or
are either not fully working or just like downright obsolete but like
uh with with the uh DeFi's emergence the goal is just like transparency and logically uh
shift to the ReFi entails something much bigger at the same time so looks like there is someone
onto the speaker panel let me uh add him or her to the speaker panel
hello hello how how are you doing shaik yeah yeah i'm doing fine yeah i can ask you a question
right now yeah yeah sure great to have you here on this piece yeah okay what are the upcoming plans
of gr and grid and there is no community campaign set now
okay can i answer that yeah yeah sure sure okay thanks
okay thank you for your question shaik so uh we are we are on the uh like cusp of as like fred
told on the clarified on our telegram channel today like we are on the cusp of announcing the
two exciting partnership that will greatly enhance the utility of g right uh just we are just waiting
for the final approval from our counterparties and then uh our other innovative are just primed
for the action pending engagement from our partners and uh we we are just like regarding
the power plants we are uh they are just like integral to our efforts in leveraging the energy
for operating the gr and grid during the taste net phase so what we are doing is we are actively
collaborating with the network of companies just like deploying the test nodes across the various
location including southern europe and australia so uh preparations are like going on for this
locations and obviously like we would like to tell you guys that to stay tuned for the visuals
in the coming months to just like showcase our progress right so just waiting for some
good news to pop up and just like price goes up at the same time as well since market is
going really good at the moment we are on the bullish trend uh beside that about the community
campaign thing uh we are right now focusing on deploying the partners so we have not been able
to organize any major community events at the current moment but uh we are still on the way
like i mean we are discussing if we could do anything uh or if we could do any amas or
um any short of uh collaboration before we deploy the partners but right now we're just like
focusing on the deploying the partners so that we could just like quickly uh go to the
like go to the phase of just like uh launching our project as soon as possible and uh also i have
told of uh inside the group today that we will be doing ama with our development team as well
very soon uh probably the last week starting from the last week of bev ready itself
so yeah please stay tuned and stay with us hope i was able to answer your question shaik
hello am i audible hello syke are you there
okay seems like he's gone let us get back to the refi now
and i'm not gonna take much of a time today since it's friday and you guys gonna probably
enjoy your rest of the friday today right so when it comes to refi it's just like important to create
the mechanism for incentivizing both individuals and businesses to just regenerate both their
environments and their communities which is superior to the current uh non-crypto solutions
and just like simultaneously manages to do so in a very um palatable manner for the governmental
entities right so yeah like hope refi would be able to uh get on the mainstream and just like
brings a lot of awareness among the crypto projects among the space uh that's what we believe right
so uh it's friday guys not gonna take much of a time today uh
uh oh we are just we should be optimistic about the future of the refi and it's just like
potential to revolutionize the traditional finance at the same time because we know the difference
between the traditional finance and refi at the same time if you guys have any question now
related to refi or related to gr in grid our future plans our announcements and if you guys
like a little bit confused don't forget to go through our recent uh medium article where we
have just like clarified uh the things that we want to uh like share with our community members
and uh yeah uh it's just crucial for the community to collaborate and innovate responsibly to address
the challenges and uh at the same time she's the opportunities in the refi space as well
so i hope we are done for today's space still i'm i'm i'm telling you guys if you guys have any
question don't forget to uh don't forget to ask us here or on our telegram channel you can just
like simply put your question on the comment section or come over the speaker panel
okay looks like there's no one right now i have already taken the two speakers so far
but yeah okay so thank you all thank you all uh the speakers and everyone who joined us today
let's continue to explore and support the growth of the refi ecosystem stay tuned for
more insightful discussion from jr in grid until next time happy refi and happy friday bye bye