DeFi Dad ⟠ defidad.eth ≡🦇🔈

🔥Here's my most comprehensive DeFi for Beginners playlist updated with 46 videos, starting with the basics of "what is DeFi" and "how to set up a wallet" through advanced yield farming opportunities. 🔗DeFi for Beginners: youtube.com/playlist?list=PL…

Free cards for all //

😎 Cool idea to long / short yield rates, without expiry dates! 📈 Ex. If you're lending on @AaveAave, hedge against rate decreases by buying NYTs, since they go up when rates go down. 📈 But if you're borrowing, hedge against rate increases by buying PYTs.

😇 TLDR; don't waste time overthinking this. 👍 BlockFi screwed up but will survive. 🙃 And we need BlockFi to keep building. 🌽 Because they intro lots to passive income with crypto, which leads them to seek new, exotic yields only available via new dApps in DeFi.

🧐 I still wish future success for BlockFi. They have been a huge on-ramp for newcomers in crypto. 😙 But let's be clear: there is no need to trust any such statements about overcollateralization in DeFi. 👌 We just verify it on-chain. Audit instantly done. Easy.

There's a hefty amount of $PRIME anticipated to come to @ParagonsDAO. We need everyone's input how it should be distributed / used in the future.

Nice way to introduce more to NFTs through comedy!

This reminds me of how niche NFTs were years ago and now it’s dominating headlines for crypto. In coming years, there will be DAOs for just about everything.

Remember years ago when they said “crypto needs better marketing.” 😎 #SuperBowl

Many have experienced these bandaid solutions (ie Venmo) which trick us into believing TradFi lets you do more with your money. But with DeFi, we will: 1️⃣ Replace finance services 2️⃣ Replace + improve services 3️⃣ Or create new financial tools (ie Alchemix self-repaying loans)

If finance were the auto industry 🩹 Fintech = better gas engines 💪 DeFi = new electric engines Fintech has always been about bandaid solutions vs DeFi solves for the underlying issues of a broken finance infrastructure.

Not an investor, just excited for a major money lego to go live. I remember what Compound and Aave meant to me on Ethereum and this will be similarly big for Terra users wishing to borrow across a basket of collaterals on @EdgeProtocol 😘

Big launch soon for Terra DeFi 👀

Unfortunately, I won't be able at @EthereumDenver but I'd love to connect you with my @4RCapital teammates, @keegan_selby and @ej__rogers. And if you're trying to reach a team/founder in Denver, happy to try and connect you. DM or comment below.

Shoot, and I should point out my never-ending admiration of the @BalancerLabs team as well. What I stated above is still true about Bancor v3 but Balancer deserves also credit for continuing to pioneer new innovations improving DEXs, if Uniswap v3 was the most recent milestone.

And while I'm a huge proponent of Uniswap v3 because of the capital efficiency, Bancor is now building one of the few novel ideas among DEXs and it greatly benefits the average DeFi LP so I would pay close attention to whenever Bancor v3 launches in Q1. try.bancor.network/

This has been a saving grace for me as an LP (essentially a lender of single tokens). Oddly enough, I keep seeing copy/pastes of Uniswap v2 across other chains, despite IL rekting LPs. But if @Bancor v3 can offer unlimited capacity for single-sided LPs, it's a game-changer.

One notable design decision in @Bancor's v2 single-sided staking was a disincentive to not cash out BNT rewards "without resetting your multipliers" as an LP. Sure, the BNT price is down like most DeFi tokens but they've maintained their lead as the top single-sided LP DEX.

Nice lesson here on AMMs 💪

For those reading the Prime Proposal or Echelon Whitepaper by @ParallelNFT, you might also read @pet3rpan_'s "Play to earn economies as base layer protocols for games" for helpful context. 👉 medium.com/1kxnetwork/play-t…