DEFI In Real Life: What Is The Point Of Using Rari Capital?

A lot of people have difficulties understanding what is Defi all about. I have two ways of explaining it to them;

One is the case with Torrent. back then when nobody knew about bitcoin and no Defi protocol existed, there was a movement (yes I believe it wasn't just a app or technology) against the companies and authorities which held the absolute right to broadcast the files they produce. This include films, TV broadcasts, books, etc, which people in a lot of countries had no access to or couldn't afford to buy. simply put, with torrent, computers around the world could connect to each other to download on a peer to peer basis. there was no server to upload the file, only computers with a simple app and a version of the file. Decentralized Downloading!

second one, a vernacular example of decentralized finance in small communities. In my birth place, a countryside small city, our neighbors with my aunt as the head, have a lending and borrowing mechanism which may be one of the most decentral lending mechanisms. she gathers like 20 people that are willing to spend a monthly payment; Combined monthly payment constitute the total fund that is given to the raffle winner of that month. you basically pay each month (equal to number of participation) with no paper work and no interest to others!

Rari Defi Distinct Product

What Rari Capital does with Fuse pool is similar in a sense to what my aunt does in our small city. Rari make it possible to have your exclusive pools, with interest and borrow rate that you choose, available assets to deposit, different risk assessments, etc. everyone can evaluate the risk involved, assets in play, interests, etc and choose if they want to participate in that pool.

Analysis

In the beginning I provide two sample transaction of Providing DAI and USDC to Rari Capital Pools.

Although these transactions need more filtering since they include some other pools that are not Fuse pools, for example aave and compound.

Since assets have different accessability, inherent risks and various pool options, the amount of asset flows to different pools respectively. we are going to measure this flow for DAI and USDC and any similarity between them; So lets start with DAI and USDC flow into Fuse Pools.

• USDC has 2 pools with few capital that can be neglected: PoolTogether and WOO Pool.
• Other 3 main pools are in common but the order differs.
• Tetranode ETH Pool Fuse 7 is the #1 in USDC accounting more than 50% with over 60M, while #3 in DAI with 25% of total capital and over 18M.
• Olympus is #2 in DAI and #3 in USDC.
• Tetranode Fuse Pool 6 is #1 in DAI and #2 in USDC.

Now lets take a look at Top 10 Addresses with most amount for each pool. I had to exclude some addresses with insane amounts; my guess that these were addresses in charge of some smart contract actions. this is how the distribution looks like for both pools:

• Interesting point: first address is the same in both assets. It deposited evenly between DAI and USDC with 16M for Each.

In the End we want to see how many distinct wallets participated in DAI and USDC Fuse pools and are any wallets that participated in both?