Andy8052 is a solidity developer who explained the world of DeFi to the Club Top Shot noobs.
00:00 - What Is DeFi?
00:59 - Which DeFi projects can you trust?
02:53 - What's the difference between earning and farming?
03:49 - What are the DeFi use cases? Decentralized Exchanges.
05:00 - What are the main exchanges and money markets? Uniswap, Sushiswap & Curve + Compund & Aave
05:43 - How does Compound works as a money market? DeFi lending.
08:19 - How to put your crypto to work in DeFi? Earning interest as a liquidity provider.
10:56 - Is DeFi too good to be true?
12:01 - What are the risks of DeFi?
13:08 - Could DeFi be a house of cards? Protocol safety
14:13 - If you had 1 ETH to invest in DeFi what should you do?
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Disclaimer: I am not a financial advisor and this video does not provide financial advice. Please buy responsibly and do not spend more than you can afford to lose.
#decentralizedfinance #defi #eth
DEFI 101: WHAT IS DECENTRALIZED FINANCE??
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defidecentralized financebitcoinfinancial systemdaidexblockchainbtcethethereumblockficryptocurrencyyield farmingandy8052aaveethereum developerethereum soliditydapp ethereumethereum appethereum developmentethereum dappsethereum applicationethereum tutorialethereum mistdecentralized applicationsethereum web3dappethereum contractssolidityprogramming ethereumethereum codingethereum contractethereum codeicosushiswap