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Crypto for Newborns - Episode 9: Decentralized Finance (DeFi)
Manage episode 291331077 series 2905384
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In Episode 9, we dive into the world of DeFi, decentralized finance—and it could change banking and other financial services as we know it! Without the middlemen of centralized financial institutions, there’s the potential of getting your cryptocurrency investments working for you with big rewards and higher yields. However, along with the potential benefits come greater risks!
Learn the basics of DeFi, what staking and yield farming are as well as some of the most recognized crypto projects in the DeFi space!
Resources for this episode:
Forkast article - DeFi explained: The guide to decentralized finance
Shrimpy article - Yield Farming vs Staking: How Are They Different?
B2Broker article – Cryptocurrency Liquidity
Links to DeFi projects mentioned:
Thanks for tuning in!
Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.
Website: cryptofornewborns.com
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