What is DeFi? A Beginner’s Guide to Decentralized Finance
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DeFi applications –
DeFi is becoming more and more popular as the main use case for cryptocurrencies. This video explains in detail what DeFi is and what you should know about before getting involved.
0:38 Bitcoin and Our Financial System
1:24 Our Centralized Financial System
1:59 What is DeFi?
2:22 DeFi Components
4:16 – DAI explained
5:51 – DEXs explained
6:33 – Decentralized money markets
8:06 Money Legos
8:56 DeFi Advantages and Risks
10:02 Conclusion
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Stay safe 🙏🏻🙏🏻🙏🏻
A fully perfect and complete explanation.! Grazie from Italy
Great job
Thanks for the laugh at the end. “Suddenly I’m from Australia”😂
This has got to be one of the best videos I've seen explaining cryptocurrency issues. I love how you set the pace and use helpful graphics and there's no background music. Pure professional education. I will be recommending your channel to others
I would love to see a video on margin trading for beginners. The difference between stop limit and stop market with risks for each. Also, if liquidation occurs – is it just the margin account? ie. are the main, and trading accounts protected?
Great Video. New Subscriber here.
This was the most fantastic explanation of DeFi! Thank you for the video. Anyway can you make a video about Ramp Defi? Their Liquidity Incentives Program on BSC has officially started!
In liquidity Mining…. with an ETH-20 Smart Contract….If accidentally entered… can the customer cancel the Smart Contract??
There was no functionality on the push notification to cancel once entered.
What is the remedy to Cancel an ETH-20 Smart Contract once entered??
☝You saved my life, out of debt and i do think i could ever tell you how much you mean to me, i will keep telling people about your good work in my life.
Just a bunch of Ponzis competing with each other over a tech illiterate population. None of this is going to work! Dot com bubbles that will collapse spectacularly.
What are some DeFi primitives – Instruments that haven’t been implemented in Traditional Finance before?
Oh nice video. Thanks for sharing!
Thank You for All that you are doing for Humanity…
Peace.. Shalom.. Salam.. Namaste ..
🙏🏻 😊 🌈 ✌🌷 ☮️ ❤️ 💐 🕊
Awesome . Thank you for such a great breakdown !
What are the effects of share holdings in an exchange?
just a quick question. I went to beefy finance app, and i saw apy 6.08Q% or 2.33S%. What do Q and S represent?
Ether is not decentralized
Great explanation, as a 15 year old I love how these videos are explained.
Great video, but it proves a point. Defi would be the future if anyone could understand it. Hell, traditional finance is hard enough to get your head around that you need a degree. But once you do, the implications are staggering
this is mad helpful, also a tip: i think maybe the stark white background is a little too contrasty and harsh on the eyes, i'd love it more if you guys had a slightly darker/colorful/muted background
👆👆 ☝️☝️ ☝️☝️
Don’t need a lot of words to prove that this team above is real because I’ve seen it all, thanks for you and may God bless you for help me to Clear my Dept
The amount of money there is to be made on Youtube with all this available information. Good luck everyone!
excellent video for crypto investors
Thx for the great content. I’m using Arken Finance as Dex aggregator, would love to see u make a video about it.
Thank you. I am all in! Greetings from Finland
This might sound stupid ☺, but please explain this to me 🙏 if bitcoin was developed by a human being, wouldn't it be possible for others to hack it or create a new code that does the same thing to mine more bitcoin.
forgot explain abot tax, tax, tax, tax, aaaaaand tax.
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ULTIMATELY THE BEST…
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Thank you!!! Sending this to friends of mine who don't understand crypto and defi.
Nice content ,fos beginner s, thank you! We will continue to learning
This is an excellent explanation. Very intuitive and logical structure. Good job!
No need to pledge funds to the mining pool
No need to pledge funds to the mining pool
Do you know the latest Defi liquidity mining project?
Liquid mining does not need to pledge funds to the mining pool, directly deposit USDT into your own cryptocurrency wallet, and then authorize the mining pool. At least 0.3% of daily income
Great explanation!
Could you make a video on Hyperfund to know is it scam or not?
check out URUS defi coming soon.. very impressive project
Crypto is a huge global Ponzie scheme. Keep bringing your money, suckers! Yeeeehhaaaa
Thanks for educate us. Respect and appreciation
wow. I really need to start from the beginning. I'm pretty clueless. This makes absolutely no sense to me!
There is one thing I have learned in recent months it is to remain calm especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y’ all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it’s going bearish or bullish. While my self and others are trad! N without fear of making a loss others are patient for the price to sky rocket. It all depends on a pattern you follow. I was able to make 20BTC from 5BTC in just august from implementing trades with tips and info from Maryann Russell