DeFi Dad showed a comprehensive set of tools to get started with yield farming, the main incentive mechanism in #DeFi right now ????????????
The DeFi economy has grown massively this year as the total value reached 7 billion on 26 august 2020.
One day in DeFi is indeed 7 years in traditional finance. However, the barrier of adopting DeFi as a platform remains, as the general public does not understand the concept of DeFi well. Both the complexity of finance and blockchain technology is a barrier to mass adoption.
DeFi is more than a short-term trend and it fundamentally innovates our existing financial system, giving the world access to an unlimited number of financial products and services.
Want more in-depth content? Sign up at our Patreon at https://www.patreon.com/economicsdesign
???? Listen on Podcast: https://podcast.economicsdesign.com
???? TLDR on Substack: https://economicsdesign.substack.com
???????? Nerd out on https://www.economicsdesign.com/
???? Level up with #TokenEconomics course: https://education.economicsdesign.com/
*Disclaimer*
This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at time of recording. Purchasing cryptocurrencies poses considerable risk of loss. Past performance does not indicate future results.
The DeFi economy has grown massively this year as the total value reached 7 billion on 26 august 2020.
One day in DeFi is indeed 7 years in traditional finance. However, the barrier of adopting DeFi as a platform remains, as the general public does not understand the concept of DeFi well. Both the complexity of finance and blockchain technology is a barrier to mass adoption.
DeFi is more than a short-term trend and it fundamentally innovates our existing financial system, giving the world access to an unlimited number of financial products and services.
Want more in-depth content? Sign up at our Patreon at https://www.patreon.com/economicsdesign
???? Listen on Podcast: https://podcast.economicsdesign.com
???? TLDR on Substack: https://economicsdesign.substack.com
???????? Nerd out on https://www.economicsdesign.com/
???? Level up with #TokenEconomics course: https://education.economicsdesign.com/
*Disclaimer*
This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at time of recording. Purchasing cryptocurrencies poses considerable risk of loss. Past performance does not indicate future results.
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