Ever wake up one morning and think to yourself:
“Jeepers self, I’ve heard of the future being so bright, shades were of mandatory classic dress… but what on earth does that have to dd with Crypto DeFi Benefits?”
If so you’re definitely not alone, excepting for that 1980s mention of rather luminous brightness of everything that comes before this moment. No wait, this moment. Hey! This moment! etc.etc.etc.
But after that time traveling acceptance, you *might* be among those brilliant crypto folk who boldly travel common profit-generation ideas and instead, leap into something with intensely real-world consequences.
Something, perhaps, like the decentralization of finance.
That’s why you’ll love the following (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):
decrypt.co/resources/defi-ultimate-beginners-guide-decentralized-finance
There, you’ll discover goodies like:
“What is DeFi?
So what is this powerful, wild beast known as DeFi? And isn’t all of crypto decentralized finance, anyway? Sort of. The DeFi movement refers to a specific genre of financial product that champions decentralization above all else, and uses lucrative incentive mechanisms to encourage investors to play along.
The decentralized finance world is made up of a multitude of non-custodial financial products, built around a culture of highly-experimental, highly-lucrative crypto projects that’s caught the eye of top companies and venture capitalists—and not a few scammers. …
and
“…What earns these protocols the DeFi tag is that they are—at least in principle or ambition—decentralized and non-custodial.
Non-custodial means that the teams don’t manage your crypto on your behalf. Unlike, say, depositing your money in a bank or lending out your crypto with a crypto loans company (such as Cred), with DeFi protocols you always maintain control over your cryptocurrency.
Decentralized means that the creators of these protocols have devolved power over their smart contracts to the community—in the spirit of the hacker ethic, their creators vote themselves out of power as soon as possible and let the users vote on the future of the network….”
and more!
Mastering beginners crypto difi is a topic that could make for a grand challenge, cheatsheet, tutorial and more. You could structure it like so:
Step 1.) First, Check Out Beginners Crypto DeFi Tutorials
Need help with that? Consider:
medium.com/monolith/understanding-defi-a-beginners-guide-95cafa4ed0f8
cointelegraph.com/defi-101/defi-a-comprehensive-guide-to-decentralized-finance
taxbit.com/blog/what-is-defi-and-how-does-it-work
Next, move to:
Step 2.) Check Out Visual DeFi Tutorials
Need resources for that? Check out:
www.youtube.com/watch?v=o9ObYRjpIhs
www.youtube.com/watch?v=f76dAW6QNkE
www.youtube.com/watch?v=fG7mkQ7AziU
www.youtube.com/watch?v=ehNvuaFscnM
www.youtube.com/watch?v=nG8F58dvo_A
Finally, move to:
Step 3.) Armed with the Above, Look for ways to Profit from DeFi!
Need ideas for that? Consider:
101blockchains.com/passive-income-with-defi/
www.entrepreneur.com/article/366908
Good stuff!
Your takeaway?
Defi and Crypto is growing by leaps and bounds….
Why not take advantage of that today?
Enjoy!
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