What is DeFi? (Decentralized Finance Animated)
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- Опубликовано: 11 май 2021
- You might be searching the web trying to figure out "What is Defi?". Well, in this video we cover exactly what defi (or decentralized finance) is and cover 5 main pillars holding it up, including examples to help illustrate our points.
1) Stablecoins
2) Lending and Borrowing
3) Decentralized Exchanges
4) Insurance
5) Margin Trading
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I think you'll find the standard currency in London is not € (Euro) but £ (GBP). Otherwise, excellent video!
I will strongly advice you against self
trading, it's really dangerous and had
brought so many investors down, you need
some one with the knowledge and
strategies, someone dedicated to the
crypto currency market buisness, and I will
strongly recommend expert Mrs Maria
😂 exactly what I was about to type
he's probably american :)
Hahahaha 😂
@@blabla-rg7ky yup. USA in this hoe
Another amazing video! p.s. London currency, UK currency is the British Pound.
GBP
;)
Sterling
Cement idea
I will strongly advice you against self
trading, it's really dangerous and had
brought so many investors down, you need
some one with the knowledge and
strategies, someone dedicated to the
crypto currency market buisness, and I will
strongly recommend expert Mrs Maria
Can we take some time to admire such beautiful video graphics and editing..very nice
“in London the currency is the Euro” and 56 million British heads explode🤣
My friend, YOU MADE A TOP CHANNEL!!! THE BEST I EVER SEEN!!!! I will share your channel with as many people as I can.
The Currency in lLondon is the British Pound £. They never used the Euro.
Oh shoot! We didn't even catch that error, we'll do better about looking for those inconsistencies in the future. Thanks for pointing it out Vincent!
True. They will keep the pound until it collapses. They would not be able to manipulate the Euro interest rate or supply like the pound. Hmm, reminds me if the US.
@@WhiteboardCrypto and also the currency exchange fees are not 15%. That would be called a scam. No one exchanges money for a 15% fee.
@@kram_capital same in France. They have intentionally destroyed our public health system. The best in the world 20 years ago. To control the useless and totalitarian "pass sanitaire" (covid pass) it costs hospitals ... 60 millions € per month ! Insanity
@@kram_capital well that's what most foreigners think but here most people comply. Only a small minority is active and awake. But it's growing. A new Gilets Jaunes like moment seems inevitable. And more determined. The globalists will lose this war
Decentralized finance is a whole new world and we've just scraped the surface. Geat video Whiteboard Crypto, especially your comparison DeFi to CeFi!
Thanks for making this informative video on what DeFi is! As someone who's still new to the world of decentralized finance, I found it helpful to get a clear definition and overview of the key concepts and benefits.
Overall, I'm looking forward to learning more about DeFi and exploring some of the platforms and applications you mentioned. Thanks again for sharing your knowledge and insights!
Your videos are amazing, visual explanations are much more interpretive then a verbal presentation.
Send a direct MSG right now 👆💬💬👍📥..
Teach you morê.
Wow dude, the knowledge you spit is insane! I'm going to review at least 3 more times to fully immerse myself and understand it well. Thank you once again!
.. " Now explain it to me like I'm 5 " 😂😆
Thank you so much for the video. It's the best explanation video on defi. Clear, wide enough to get us seen a big picture yet in details.
Send a direct MSG right now 👆💬💬👍📥..
Teach you morê.
I love your channel!
The idea of drawing while explaining is really amazing!!!
This is brilliant man, you explained this in such a way that also a layman like myself can follow and understand this easily. Outstanding tutorial skills.
Thank you for your contribution to the community and educating us in a fun and engaging way. Great work.
Most underrated crypto channel out there. Please keep it up, your videos are very informative!!
Can you recommend any others? There's so much BS floating through the internet right now. I'm just looking for more information.
THANK YOU!!! the most comprehensive explanation of DeFi for me...
Another brilliant video thank you, (although the UK uses the Pound Sterling, not the Euro)
A very amazing video, thanks a lot for clarifying the concept so well!
Am loving this , am new to your channel and I already subscribed 🤩
This video is first class. Good job man, don't br discouraged
Great video really. Also i agree with your opinion, For the newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's the sad truth. For a start you need a good and experienced hand to guide you. Trust me, trading isn't difficult as we see it. With the right Signals and guide of Mr Anthony matt, you can earn hugely month
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. I actually don't mind paying.
@@arthurbenjamin4398 That's sad. i totally understand. i actually lost too at the early stage and then i had someone to manage my account and i watched his strategy and how he does it. Mr Anthony has been my mentor and i trade using his daily signals
Trading without any guide is so risky, you're right. you need to get a good mentor to guide your trades.
First understanding the financial market and how it works then you need to know how to study the market charts. That's all you stand to get when you start trading with Anthony. he's highly recommendable.
How can i get in touch with Anthony please??
You are doing a great job explaining new ways to invest and work finances with better outcomes. Keep up the good work.
We appreciate it! Thank you :)
This is such a fantastically well put together!
It woke up my mind and my head blown.....very informative. Thank you
You really explain the complicated financial terms and systems in very easy to understand language. Thanks bro💥💯
Projects from Vietnam seem to be very hot lately. For example, My Defi Pet. Can you take a look at another Vietnamese: BSCS token with dex, nft market ?
True, i follow BSCS too
I want to invest to BSCS. you know this project?
Oh, new project?
I'm holding on to it pretty much
Thanks, you took me back to the stock class i had in uni. Very useful video
Holy cow!!!! You're so good!! Thanks so much!
So good! Just found you guys and this was super informative & clear.
Definitely liked & Followed.
Will look through your channel but also curious if you do videos like these explaining different specific projects in depth?
Thanks for checking our channel out! We cover all kinds of projects, if you hop into our discord you can suggest any that you might be interested in learning more about. Again, thank you for becoming apart of the community.
need to watch this over & over! all of this is so new & confusing to me, but I have to learn it.
thanks for this wonderful & rich explanation of decentralized finance I really enjoyed it too much
That video is so comprehensive thank you so much!
one of the most important video i have ever watched on crypto.
this will revolutionize finance.
I know times are tough everywhere it’s good to see humans look out for one another to my surprise this platform give best option to grow up others
Thanks for uploading this video. I learned so much in this video. It really helpful to me. Thanks again.
Amazing info and presentation as always!
Thank you
Send a direct MSG right now 👆💬💬👍📥..
Teach you morê.
Sitting here watching from the UK "The currency of London is Euros". Me: wait what!
no offence to the Brits, a few years back I paid a visit to London and tried to buy some gifts with some old British pound coins, obviously they retired those coins but hey who knows you cant spend pounds in London huh
Hey Whiteboard Crytpto, I have a question. First let me say you're doing amazing work!! I wanted to know, you mentioned Gemini, coinbase and Binance as government owned and having had been hacked, is there another Crypto trading platform you recommend or use?
Very useful. Thank you and best compliments. 💐
These are by far the best crypto videos
Excellent video! So simply and well explained my grandma would get it!
My grandchildrens' grandpa understands it too!
Nice content. To me, trading the forex and crypto market is way better than any online investment💯
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating
@@chrissain1395 I will advise you to try expert Mrs Bridget's trading services..... She's the best
🏐🏐🏐
＋𝟭𝟰𝟮𝟰𝟮𝟮𝟲𝟲𝟮𝟱𝟳
Tell her i referred you 👆 👆
@@Kokoben1 Wow you really know expert Bridget...? I'm a living testimony of expert Bridget, she has been trading for me for months now.
You're so amazing man, thank you!
Awesome job…I’m learning so much from you guys
Thank you for all of these videos! Great explanations! Can you do a video expanding on Margin and Loans? I'm curious to learn more after watching your Defi vdieo.
I can't wait to just sit down for a day or two and just consume all of the videos on here. Liked, subscribed, AND hit the bell! Keep up the good work!
It must have taken a lot of work to do this, thanks a lot Bro for making us understand this. Lots 0f Love
I love this channel and video! But when you said ofc the standard currency in London is the Euro you got me looking like the shocked pikachu meme 😂
Thank you very much for making these! I'm new to the space like many others and it's great to have reliable and free sources of information like these.
Question - any chance you could do a video explaining open source software/projects ? How they function, how it is that anyone can access and alter the code yet it's still secure, how it remains decentralized despite their being an original team of developers etc
If these questions have been answered in a previous video please let me know which I should check out. Thank you !
Great video suggestion! We can add it to our list :) If you'd like you can join our small discord and if you have any other suggestions/questions we'd be happy to talk. discord.gg/UT32EEKX
@@WhiteboardCrypto thanks, I'll keep an eye out for future videos! and I'll be more than happy to check out the discord.
Here is an analogy, a team creates a blueprint for a bank. The team releases these blueprints to the public. Yes anyone can look at it and see weaknesses, but also everyone can also report them. And the team is still in control of that blueprint so if a stranger says "this is what can make it better". Everyone can look at that change proposed by a stranger and make a comment on it. Just because you don't show the blueprints to the world, doesn't mean it's safer, that why windows has so many viruses :)
Holy schit! I came here looking for a better way of explaining to people these concepts and stumbled on your gold mine! Thank you!
A longer one, but great video guys !!!
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@Abya Msurshima comfort It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@Elijah Logan Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@Elijah Logan That's impressive. Are you giving her your money or it does stay in your trading account? What's really the idea behind copying trades.
@Elijah Logan Does her service available outside the US?
As her broker is registered in US.
Please 🙏 how do i get in touch with Bell Elizabeth? i would love to trade with her.
Wow this is complicated. I've got a a lot of studying to do to keep up with all this!
I would be up to study with you. This is wildly interesting.
There are tons of videos available on this.... But no one explained it this way.... Classy content🙌
Send a direct MSG right now 👆💬💬👍📥..
Teach you morê
Great pice of art I would say ❤️❤️. Thanks.
I wonder if DeFi will turn out to be a bubble? It would be a shame to lose yield on WOWswap, with APY on busd more than 40%
Saw Buterin's mom's tweet about WOWswap, but never had a chance to look at it myself
I don't like trading on WOWswap, but I keep my tokens there with a high APY
Is there a trading terminal?
I used to trade on binance and I'm afraid I can't figure out the other platform
checked the site, very cool, and very convenient to look apy at different chains
Too bad the high apy on WOWswap goes down quickly, but that's basically how it is everywhere in defi. You just have to strive to get there first
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
I'm so happy ☺️ my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days
Same here, I made $12,400 profits on investing since I started trading with Mrs Alice foster his trading strategies are too notch am winning consistently trading with Mrs Alice foster . He is really the best broker I've made a lot of profit investing with her
I heard a lot of investing with Mrs Alice foster and how good she is, please how safe are the profit?
After watching so many RUclips tutorial videos about trading I was still making losses untill Mrs Alice foster started managing my investment now, I make $6,800 weekly. God bless Mrs Alice foster . Has been a blessing to my family.
I've seen a lot of recommendation about Mrs Alice foster , Please can I have his info? I want to invest 2,000usd with her.
Very nice mode to present these things.. you guys make me to finally understand easly all is about crypto
Great to hear! Where were you able to find us?
@@WhiteboardCrypto on youtube, at recommendation section. I m new to crypto and I want to start learn about this crypto field because I start to understand how important can become these things in the next future
That's awesome! Yes, crypto knowledge is going to be a great asset to have in your arsenal. Glad to have you in the community :)
As novices, we have to absorb the knowledge of these experts to enrich ourselves
Yet to find a video I don't love. Thanks for the time and energy.
Am a visual learner and this video is so Awesome! Thank you so much! Do you have more video like this explaining what is cryptocurrency, bitcoin, blockchain, stablecoins, altcoins, and NFT?
I am also learning this knowledge
He does
@@ImChickenLittle Are you involved
it was very helpful. Just on the margin part, it jumped a little too fast where I don't understand how defi is better than the traditional margin arrangement. is there another video for this? thank you.
One think I caught on the Margin aspect is the barrier of entry. It appears that you would require thousands of dollars already invested in the stock exchanges eco system to take advantage of margin trading where as with crypto, the barrier of entry is alot lower. Please correct me if I am wrong as I am still learning
Very well explained. This helps me a lot since I'm new to DEFI, ever since my friend introduced me to RAMP. I badly want to know deeper about these platforms.
Learning so fast, thank you 🙏 ❤
Amateur question here.
If real cash is needed to buy a stable coin, we would still have to go through a centralise exchange to get the coins right?
Even if we use DEX to trade, ultimately when we need real cash, we would still have to sell the coins for real $ to buy real world items?
Dex also have stable coins, and fiat exchange, for sure.
Very Nice!
Question: Does swapping a coin for a stablecoin trigger tax liabilities?
I can't say "yes" for legal reasons, but if youre in the US, probably ;)
i find myself appreciating and preferring DeFi to centralized finance. i mean i get to enjoy all the five main points you talked about when i use Unilend Finance.
thank you so much for this channel
HELLO, I'M NEW TO CRPTO AND FOREX TRADING AND I HAVE BEEN MAKING HUGE LOSES TRADING ON MY OWN BUT RECENTLY I SEE A LOT OF PEOPLE EARNING FROM IT. CAN SOMEONE PLEASE GIVE ME A NEW STRATEGY OR AT LEAST TELL ME WHAT I'M DOING WRONG?
That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
I will advice you should stop trading on your own if you keep losing and start trading with Mrs Kathy trading services.
Greetings from Florida, I have read lots of reviews about her in many platforms, she must be a legit woman.
Literally making €11,500 on every invested space of one week four days from Mrs Kathy.
Hello am from UK. How can I get to reach Mrs Kathy. My husband just approved my trading.. how can I reach Mrs Kathy like what App?.
8:31 ETH could be worth a lot but what happens if it worth a little? Can you choose to keep the 750 and loose your eth if it went down to dust?
The same query arises in my mind too.
But I think they only give collateral on fundamental strong coins.
For 1% this can be pssible
Love your explanations!!
good production. thank you for all the info
As someone who currently lives in a zero banking systems country where we don’t even have credit cards as the mainstream 😅 I am super excited for the potentials of DeFi and smart contracts. This will surely change lives
What country is that?
our arabe countries has forbidden any act of using cryptocurrency 🤦♂️
@@user-cq3mk4jc6p well this is the beauty of deFi you really can’t control people getting access as long as they have internet
@@RehamTaay the problem is not getting access the point is getting familiar with the blockchain tech, if something illegal in a country, it will be hard to implement those concepts and run a Dapp inside it !
my point of view is :
as human you should learn any thing you believe in it !
as an arab entrepreneur, you should focus your business Modeling of this Dapps on the international field. (for Now)
or in the countries that allowed using crypto's.
When it comes to the world of investment, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance
Personally as a first time investor, i started trading with Mrs Sharon Laura with $1,000 now my portfolio is worth $5,400 within the space of few months trading with her
A friend that i referred to her from UK just received €9,005 profit after 14 days of trading just jealous ASF LOL
My first investment with Mrs Sharon Laura gave me $24,300 and that has made me invest without the fear of losing, I got four of my friends that i referred to her and they are making profit just like me. May God bless Mrs Sharon Laura
I invested $2,500 and I made $7,450 weekly trading with her, I only trust Mrs Sharon Laura with my investment. I am now able to send kids to great school in LA, all thanks to Mrs Sharon Laura Good woman indeed ❤️
I'm so happy 😄 my life is totally changed, I've been earning $10,250 returns from my $4,000 investment every 13 days
very informative for newbie. thanks!
Thanks for the explanation. I learned a lot.
This is really an amazing video for those who want to move financially, Forex requires the expertise of a professional broker, that is why i have made huge profits since i started trading with Mrs Brenda Celine.
Wow, great to see my trader well represented here, i'm a testimony to her effective strategies which increased my wallet tremendously.
The forex market is stronger than the stock market that’s why I trade with Brenda to make profits for me. She charges a fair commission of just 20% from the overall profits generated.
I’m new at this. how can I reach your broker?
I was skeptical at first until I decided to try. Its huge return is awesome! I can’t say much.
Amazing I also just started trading with Mrs Brenda Celine, She is the best at what she does with an initial investment of $1500 i made up to $5230 in just a week of trading with her, Her strategies are mind blowing.
plot twist: saying the uk uses euros was a big brain move to get british people to watch the video twice, because they were too busy thinking how the uk doesn't use euros, then comment on how the uk doesn't use euros.
I've learned a lot through your content thanks
Thank you for amazing content
"Of course in London the standard currency is EUR (euro)."
It's GBP (pound sterling)!!! Americans...
🌈 *I'M GLAD I GOT INTO CRYPTO AND NFTs, WHEN I DID BECAUSE IT'S BEEN A TURNING POINT FOR ME FINANCIALLY, IT HAS BEEN MY BEST DECISION SO FAR* ❤️
Then i will like to introduce you to my expert mrs sharon Allison, expert sharon is the best, i have been working with her for months now, investing with mrs sharon is awesome and cool
I’m just starting on the NFT trip and waiting for a couple of new collections from mrs sharon allison to mint hopefully this weekend or next before stepping in to purchase
You are correct I'm also a beneficiary to expert mrs sharon
Mrs sharon got my financial status to a high level. All thanks to my cousin who introduce her to me
Congrats my friend! Although definitely not to your number of Xs, but I have also had great success too in the NFTs space through mrs sharon allison as well.
Brilliant explanation
Thank you so much guys!
Euro in London? 🤭 Good video, but not sure it's the responsible thing to do to suggest Tether as a good stablecoin..
We agree! You should watch our video over tether where we went deeper into the coin and company!
Investment is one of the quickest part to financial freedom the rich stays rich spending like the poor yet investing while poor stays poor by spending like the rich yet not investing
you are correct sir,
that's why I have to start forex trading 2months ago, now am making constant profit from it .
Natural, there’s a lot of math involved in forex trading,
but this is often presented in forms of daunting technical charts, indicators, patterns.
Trading systems allow you to limit the factor of emotional influence on decision-making,
Superb explanation!!! 👍
❤❤❤❤❤❤ thank you . Amazing way to explain things
I have been watching videos on RUclips, looking for a professional trader who can trade and manage my account any idea please!
Another great video guys!!!! Thanks!
Loved this video!! So much great info!! If you wouldn’t mind……What software or App is used to create your presentations?
I am so impressed
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ So glad I’ve found out about junkywarriorscom by looking here in comments. They managed to help me and my friend get paid. Cos it was me and her that both added money to use them they’re the real deal
Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Silvia Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
I started this with just a thousand bucks. my portfolio is worth much more now within just weeks of trading with her thanks Mrs Silvia
Thank you for the level-headed financial advice. I started my investment with $4,500 in just a week of trading with her I’ve gotten profits of $12,750 in my portfolio. Thank you Ma'am
Surprise to see others who trade with Mrs Silvia Morgan, i am currently on my 5th trade with her and my portfolio has grown tremendously.
Wow! Pretty good please how can i reach this Mrs Silvia everybody is talking about? I want to invest i'm in Belgium
REACH HER ON HER TELEGRAM
Amazing as alway, simple language easy to understand.
You are a great addition to the crypto space.
ME YOO
Investment in crypto currency is the wisest thing to do,it's where millionaires and future billionaires come to get inspired. If you've not been involved you're missing out. When you invest you are buying a day you don't need to work.
Successful trading require
discipline,patience, adaptability, mental toughness,independence, and forward thinking.
Have been making losses trading myself.! thought trading on demo account is just like trading the real market.can anyone help me
@@stephanieabgail5376 you need as a beginner
to make good profit from cryptocurrency is a professional trader who will trade on your
behalf else you may make losses.
can anyone assist me on
how to get a professional trader
@@stephanieabgail5376 Yes,l can assist you, She's
Mrs vivian mills, one of best and
trustworthy brokers when it comes to trading
bitcoin.
Excellent content. Thank you
Awesome video. Thank you! Quick correction: when you margin trade, you paid $80, but you don't keep the $20 down payment. So your total payment is $100 (which was the original stock price) and you have a $50 profit (the new price).
Mrs Olivia is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Olivia I thought I' m the only one trading with her
She helped me recover what I lost trying to trade my self
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Olivia
I think she is the best broker I ever seen
I'm from Germany I used to take loan from the bank for surviver but after trading with expert Mrs Olivia she changed my financial status for real🇩🇪
expert mrs Olivia has been managing my trade for months and I keep making profit every week,made $9,130 last week
Your work is amazing. But there’s no need to exaggerate. The government doesn’t come and get you and put you in jail for defaulting on a loan unless you defraud someone or some institution - and the fraud has to be major. I’m not a fan of banks, but your case is so strong that you don’t need to exaggerate it to make your point. You lose credibility when you say silly things.
GrizzlyFi definetly is my number 1 defi project. The transparency and hard work of the founders of Grizzlyfi is remarkable. They are very close to their community, which I personally really appreciate.
Don't miss out.# GHNY