protocol-v2 VS siad

The real services, and counter to his points are Ethereum/DAI, aave.com, and gmx.io. All legitimate (non-confidence) services that I have used for years without issue. All services rely on smart contracts as counter parties so you don't need to worry about some dude running off with your money (that is tradfi problems that crypto is fixing)

I love defi and what it stands for. I love the fact that I can lend my capital through a fully decentralized protocol like AAVE or Compound and earn money on it.

Strength in numbers. The collectivised savings deposits of bond holders earn interest on Aave. Aave is the leading non-custodial liquidity provider in decentralised finance (DeFi). Once a week interest accrued by the collective is distributed to Prize Bond holders by lottery with additional draws held at the end of each quarter. Prize draws are provably fair through the integration of Chainlink VRF.

and official website is aave.com and the app launcher is app.aave.com

A blockchain network https://aave.com/

Digital currency (Aave), is a cryptocurrency that strives to provide comprehensive services to its users by creating a transparent and open-source infrastructure with the aim of lending and borrowing from tokens. (Aave) is a decentralized financial protocol. May the system function in such a way that the lenders deposit their assets and digital funds in the liquidity network (Aave) and thus make a profit for themselves. On the other hand, borrowers of the network (Aave) also receive loans from this system and network and put their cryptocurrency as collateral.

The Real Yield DeFi can divide into two types: 1. Fee - such as Borrowing Fee, Trading Fee, Transaction Fee or Insurance Fee (COMP, AAVE, FORW, GMX, ETH) 2. Reinvestment - such as reinvestment in the Real Yield from 1. or reinvestment in the physical products in the real world. (GFI)

A good way to be wary of tokens that you receive in airdrops, is that when there is a URL in the name of the token, it is most likely a scam. This token has a website name, that is not the official AAVE website. The official AAVE website is here: https://aave.com/

For example, decentralized data storage projects like Filecoin, Arweave, and Sia posted 50-100% user growth, providing blockchain-powered alternatives to AWS, Google Cloud, and Dropbox for distributed app data security.

Sia - A decentralized data storage platform where the proof of work helps maintain the network and provide storage services.

Our site: https://sia.tech/ Blockchain explorer: https://explore.sia.tech/ How to get Siacoins: https://sia.tech/community-ecosystem?software=exchanges#software The Sia Foundation team: https://sia.tech/about-sia-foundation The Sia Grants Program: https://forum.sia.tech/c/foundation/grants/8 Sia docs: https://docs.sia.tech

Sia

If I'm following correctly, I believe this is basically what Sia does, although not optimized to be used directly as a media server (or maybe it could?).

https://sia.tech/

Not sure what you aught to do, but I will say the 2 projects Im paying attention to are https://www.helium.com/mine and https://sia.tech/

For consumer storage, Sia, Storj, and Vult (on Züs) can be good options since they are architecturally lower cost because of the erasure code technology. But for enterprise storage, among the available platforms, there isn’t a direct competitor to AWS S3 except for Zus, and archive storage, Filecoin is the best alternative, and for consumer storage, Storj, Sia, and Züs offer better options for fast retrieval times.

As long as your needs are not beyond a TB, you can always consider something that does not require an actual "login" or a national currency, such as using SIAcoin (https://sia.tech). The cost for a terabyte hosted in two places often will cost you under the equivalent of $6-8 per month. It takes getting used to, but since it is blockchain based, it might even be possible for you to mine the means of paying for your cloud storage if what you actually need hosted is low enough.

SiaCoin which is the utility token for the Sia ecosystem https://sia.tech/