DeFi Investment Guide For Beginners: Quick Summary of How to Use Digital Currency and Cryptocurrency to Generate Passive Income Via Marking, Financing, Liquid Mining, and Yield Farming by Pavia Lundblad
English | 2022 | ISBN: N/A | ASIN: B0B5S1WNPX | 155 pages | EPUB | 0.18 Mb
This book introduces Decentralized Finance (DeFi), Staking, Lending, Liquidity Mining, Yield Farming, and Tokenization.
2020 was DeFi's breakout year. Over $100 billion was invested in decentralized applications in only one year, and the trend is increasing. DeFi is still a niche market and won't become popular until later. You may join a technological cycle early and reap huge benefits.
Remember Bitcoin and Ethereum? They've grown rapidly. Early investors made the most from this boom. Many investors regret not investing early. Similar to DeFi, except you also earn passive income (i.e., a kind of dividend is distributed to you).
Since few investors have gone on this bandwagon yet, annual payments may exceed 100% of initial money. This doesn't include bitcoin price rises. You may earn over 10% on the US dollar with very little risk. Higher interest rates than in conventional finance are possible.
In DeFi, blockchain and smart contracts manage your money, not central banks and governments. By staking, lending, and liquidity mining, you help develop a decentralized world. You function as a bank and keep the profits. You provide cryptocurrency market liquidity. Low supply and great demand will boost your passive income.
DeFi still looks confusing to many since the technology is new and there is little information. Some readers lack financial and investing knowledge.
With this book, you'll become a DeFi pro. You'll discover how a decentralized financial world works and how to exploit it to your advantage without any previous expertise.
The book teaches:Our unstable and unjust centralized financial system benefits few.How decentralized arrangements without banks and governments generate better incentives for global wealth growth.DeFi makes current financial services safer and more profitable for investors.How to utilize DApps to make passive revenue via staking, lending, and liquidity mining.How to actively invest in decentralized applications using yield farming and DeFi arbitrage.
Change the outdated banking system. Improve the planet.