What is DeFi? A Comprehensive Breakdown of Decentralized Finance.

In this episode, we give a comprehensive breakdown of decentralized finance, also known as DEFI. We talk about automated market makers, liquidity pools, yield farming, and more. It allows you to save, borrow, and trade without financial services… All made possible on Ethereum.

Keep an eye out for Bittrex Global’s listing of the most popular DeFi tokens, where you can trade without gas fees!

Timeline:
0:00 - Decentralized Finance (DeFi) Intro
1:45 - Centralized Exchange (CEX) vs Decentralized Exchange (DEX)
2:45 - Automated Market Makers (AMM) & Liquidity Pools
4:11 - Price Oracles
5:09 - Compound Finance & Yield Farming
6:42 - Conclusion & Final Thoughts

#DeFi #Ethereum #yieldfarming

Instagram (captain crypto): @capt_crypto

[Cryptonauts]

Hey everyone! We noticed that an imposter has been replying to people in the comment section. Please note, we will never ask you to "Whatsapp" anyone, nor will we "teach you how to trade". Thanks and stay safe!

[grdebustos]

Great explanation for DeFi. Thanks Cap.

[lindseyanderson]

DeFinitely my favorite explanation of DeFi

[zoyachhetri]

Very informative video on crypto currencies and investment in future of crypto
Well presented 👏🏻👏🏻👏🏻

[susie]

You're very informative, especially for newbies. Thank you.

[ZenProTech]

DeFi is the wave of the future for sure. Great video.

[ronnavicedo]

COOL BEEN FOLLOWING HIM FOR QUITE AWHILE NOW

[johnashford]

This is amazing, keep up the good work.

[mizteriush]

Nice explanation, I’m so interested 👍🏻

[seounrise]

thank you for always giving us informative and useful contents!😿

[winjaywin]

I came to this channel from an ad that was a full episode.
Was not expecting much, but this is actually good stuff!

Question: Will metamask require your details now that governments are moving in the direction of tracking crypto transactions?