Tag: Defi 101
Counting on Crypto 2
Cryptocurrencies will play a huge role in our lives over the next many years. They may even overtake paper currencies as the primary money system by central banks. However you feel about cryptocurrencies today, you should prepare for tomorrow by educating yourself. This is the same logic I used to start my journey into cryptocurrencies,…
What is Decentralized Finance?
The world of cryptocurrencies is massive and can be overwhelming. However, many people confuse cryptocurrencies and decentralized finance. Today, I will attempt to calm everyone down, separate these two different economies, and give you a way forward to start investing. Cryptocurrencies Basics. Let’s review the basics of cryptocurrencies. We can consider cryptocurrencies money, stores of…
Passive Income in DeFi 104: Yield Farming
One of the most exciting parts of passive income on decentralized finance is the sheer amount of options. I’m trying to cover as many of these techniques as possible during the Passive Income in DeFi series (101, 102, 103). Today, we are looking into one of the more complex techniques called yield farming. Other names…
Passive Income in DeFi 103: Staking
Man, talking about passive income is so exciting; I guess that is why I do it every day. Today, we are back to talking about passive income in decentralized finance or DeFi. The world of DeFi exists deep inside the realm of cryptocurrencies. Please read previous posts in the Passive Income in DeFi series (101,…
Passive Income in DeFi 102: Borrowing and Lending
Wouldn’t it be nice to borrow $20,000 against your house in 15 minutes? You would just have to prove you were the homeowner, the home’s value, and wham, you have your collateralized loan. This may not be the case in TradFi—but, welcome to DeFi 102. Before I get started, please check out Passive Income in…
Passive Income in DeFi 101: Interest from Coins
Another day, another series. I love writing mini-series because they challenge me to think outside the box and focus on the subject. Today I will be doing a deep dive on my favorite topic, Passive Income. This will be a little different because I will discuss passive income opportunities inside of Decentralized Finance (DeFi). I…
