Klaytn Finschia Merger Quiz and Flashcards

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Questions and Answers

What is the purpose of introducing the Dragon DeFi Initiative (D2I)?

To merge with Finschia Foundation.

To initiate a governance vote.

To create a strong DeFi ecosystem for Project Dragon. (correct)

To facilitate informed discussions.

What does the post aim to achieve?

To introduce the Dragon DeFi Initiative (D2I).

To communicate the governance vote results.

To promote institutional investment in blockchain.

To explain the strategy and intent behind the merge proposal. (correct)

What is the primary advantage of leveraging Klaytn and Finschia’s mainnet operation experience?

To merge user bases and resources.

To create an ecosystem dominated by DApps with structures synergized with other services and DApps. (correct)

To propose a new blockchain technology.

To introduce virtual assets into the institutional system.

What does the Dragon DeFi Initiative (D2I) incentive program aim to achieve?

Create an ecosystem dominated by DApps with structures that can be synergized with other services and DApps. Signup and view all the answers

What is expected to happen in 2024 in the blockchain market?

Explosion as the integration of virtual assets into the institutional system accelerates. Signup and view all the answers

What is the order of development for the financial infrastructure in the real world, according to the text?

Social infrastructure, natural infrastructure, financial infrastructure Signup and view all the answers

Why has the order of development reversed in the blockchain world, as per the text?

To create a more robust DeFi ecosystem for digital production to accumulate on the network Signup and view all the answers

What led to the bubble burst in the LM-centric blockchain ecosystem mentioned in the text?

Over-leveraging in the ecosystem Signup and view all the answers

What are the categories into which DApps fell post-bubble, as per the text?

Failed DApps, Improved BM DApps, Surviving DApps Signup and view all the answers

What is the objective of the Dragon Defi Initiative (D2I) mentioned in the text?

To lay the foundation for the creation of Project Dragon’s DeFi ecosystem Signup and view all the answers

What is the primary purpose of the proposed merger between Klaytn Foundation and Finschia Foundation?

To create a new DeFi ecosystem dominated by DApps Signup and view all the answers

What is the main focus of the Dragon DeFi Initiative (D2I) mentioned in the text?

Creating a strong DeFi ecosystem for Project Dragon Signup and view all the answers

What is expected to happen in the blockchain market in 2024?

It is expected to explode as virtual assets integrate into the institutional system Signup and view all the answers

What advantage does the proposed merger aim to leverage?

Many years of mainnet operation experience Signup and view all the answers

What is the expected outcome of the incentive program mentioned in the text?

Creating an ecosystem dominated by DApps with structures synergized with other services and DApps Signup and view all the answers

What is the primary focus of the DeFi Endgame's current landscape?

Improving asset accessibility for DeFi ecosystems Signup and view all the answers

Why did some DApps fail during the LM-centric blockchain ecosystem period?

Lack of synergy between services despite adopting LM Signup and view all the answers

What is the main objective of the Dragon Defi Initiative (D2I) mentioned in the text?

Prioritizing the discovery of DApps characterized as public infrastructure Signup and view all the answers

What must be in place for digital production to accumulate on the network, as per the text?

A robust DeFi ecosystem Signup and view all the answers

What is necessary for the DeFi programmable money ecosystems to be firmly established, as mentioned in the text?

Improving asset accessibility and creating an environment for new DApps Signup and view all the answers

Study Notes

Dragon DeFi Initiative (D2I) Overview

Introduced to address issues in the blockchain market and DeFi ecosystem
Aims to achieve a robust and sustainable DeFi ecosystem

Benefits of Klaytn and Finschia's Mainnet Operation Experience

Leverages Klaytn and Finschia's mainnet operation experience to ensure a robust and scalable infrastructure

Objective of Dragon DeFi Initiative (D2I) Incentive Program

Aims to attract and incentivize developers to build sustainable DeFi applications on the Klaytn network

2024 Blockchain Market Expectations

Expected to see a surge in DeFi applications and adoption in the blockchain market

Financial Infrastructure Development Order

In the traditional world, financial infrastructure development followed a specific order: CeFi → DeFi → LM-centric → Real-world assets
In the blockchain world, this order has been reversed: LM-centric → DeFi → CeFi → Real-world assets

Reasons for LM-centric Blockchain Ecosystem Bubble Burst

Lack of real-world assets and over-reliance on liquidity mining (LM) led to the bubble burst

Post-Bubble DApp Categories

DApps fell into the following categories: CeFi, DeFi, and LM-centric

Dragon DeFi Initiative (D2I) Objective

Aims to establish a robust and sustainable DeFi ecosystem with a focus on real-world assets

Proposed Merger between Klaytn Foundation and Finschia Foundation

Aims to leverage Klaytn's mainnet operation experience and Finschia's expertise to create a robust DeFi ecosystem

Dragon DeFi Initiative (D2I) Focus

Focuses on building a sustainable DeFi ecosystem with real-world assets, CeFi, and DeFi applications

Expected Outcome of Incentive Program

Expected to attract and incentivize developers to build sustainable DeFi applications on the Klaytn network

DeFi Endgame's Current Landscape

Focuses on building a robust and sustainable DeFi ecosystem with real-world assets

Reasons for DApp Failure

Lack of real-world assets and over-reliance on liquidity mining (LM) led to DApp failures

Digital Production Accumulation Requirements

Requires a robust and scalable infrastructure, as well as real-world assets, for digital production to accumulate on the network

DeFi Programmable Money Ecosystem Establishment

Requires a robust and sustainable DeFi ecosystem with real-world assets, CeFi, and DeFi applications to be firmly established

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Description

Learn about the proposed merger of Klaytn Foundation and Finschia Foundation, aiming to build the largest blockchain in Asia. This post provides insights into the strategy and intent behind the merge proposal, facilitating informed discussions leading up to the governance vote.

Klaytn and Finschia Foundation Merger Proposal

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