DeFi 101 – Get on the #Defi Train [UPDATED]
As the crypto* What the star implies: Links marked with a * mean that we will receive a commission if a booking or a specific action is made via the linked provider. There will be no additional costs for you. Also, we won't receive any money just by setting links.-space continues to disrupt various industries, it has also begun to gain mainstream attention. With it, Decentralized Finance has emerged as a nascent space that can truly revolutionize financial markets – but how? And What exactly is Decentralized Finance anyway? In this video, we break down traditional financial structures while introducing the groundwork that defines DeFi.
> MetaMask Tutorial: Within this walkthrough viewers will learn how to properly onboard onto MetaMask, how to Send and Receive transactions, and gain a basic understanding of Gas Fees and Gas Price.
> Decentralized Finance has solidified its presence within the ever-growing Crypto* What the star implies: Links marked with a * mean that we will receive a commission if a booking or a specific action is made via the linked provider. There will be no additional costs for you. Also, we won't receive any money just by setting links. ecosystem. This video serves as a brief tutorial to introducing TokenSets, the multiple trading strategies it has to offer, and how to successfully acquire a portion of a Set
> MakerDAO: Within this tutorial we’ll go over the differences between a Collateral Debt Position and a Multi-Collateral Debt Position. Afterwards, we’ll do a brief explainer detailing the differences between the SAI and DAI stablecoin(s), Liquidation Ratio and Liquidation Fee, as well as the MCD’s Stability Fee.To wrap it up, we’ll dive into a demonstration showing how to properly take out and close a debt position on MakerDAO’s Oasis
> Compound Finance: is considered one of the pioneers of DeFi (alongside Maker). Throughout this walkthrough you can expect to attain: a brief understanding of Compound Finance’s purpose, the differences in being a Supply and a Borrower, and how to earn interest via their cTokens.
+ Bonus material on
Coinbase Wallet Tutorial
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