Introduction to DeFi and Yield Farming (Collaboration with Taiki Maeda)

Subscribe to Taiki’s channel here: https://www.youtube.com/channel/UC7B3Y1yrg4S7mmgoR-NsfxA

Decentralized Finance (DeFi) is the killer use case for Ethereum, and is one of the major reasons $ETH has appreciated so much in 2021. Today we welcome Taiki onto the channel to give us an introduction to DeFi and yield farming to generate passive income on your dollars.

Timestamps:
0:00 Intro
1:12 Video Overview
1:37 What is DeFi?
1:58 Borrowing & Lending (AAVE)
3:42 Decentralized Exchange (Uniswap)
5:55 What is Impermanent Loss?
9:10 What is Yield Farming?
11:15 Analogy for Liquidity Mining (Facebook)
12:50 How to Get Started with DeFi
14:20 Tutorial: Let’s Generate Passive Income!
15:45 AAVE: Borrow & Lend
16:48 Curve: 20% APY on Dollars
20:06 Sushiswap: Providing Liquidity
25:42 Wrap Up & Summary

Download Metamask: https://metamask.io/download

Set up Polygon/Matic on Metamask: https://medium.com/stakingbits/setting-up-metamask-for-polygon-matic-network-838058f6d844

Matic Bridge from ETH: https://wallet.matic.network/bridge/

Free Matic for Gas: https://matic.supply/

AAVE: https://app.aave.com/markets
Curve: https://polygon.curve.fi/
Sushiswap: https://app.sushi.com/

Premium List SALE:
https://intothecryptoverse.com/product/bull-market-sale-subscription-to-the-premium-list-monthly/

LIFETIME OPTION:
https://intothecryptoverse.com/product/subscription-to-the-premium-list-lifetime/

Alternative Option:
https://www.patreon.com/intothecryptoverse

Merch:
https://store.intothecryptoverse.com/


Disclaimer: The information presented within this video is NOT financial advice.

Telegram: https://t.me/intocryptoverse
Twitter: https://twitter.com/intocryptoverse
Discord: https://discord.gg/Ac6TRZ7
Facebook: https://www.facebook.com/groups/intothecryptoverse
Reddit: https://www.reddit.com/r/intothecryptoverse/
Website: https://intothecryptoverse.com/