What is DeFi? A Beginner’s Guide to Decentralized Finance

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  • Опубликовано: 26 сен 2024

Комментарии • 693

  • @emiliopanzarino2628
    @emiliopanzarino2628 3 года назад +582

    I’ve watched 7 of his videos back to back. This guy is everything to me right now. Thank you for creating this content. Super helpful!

    • @engrtun
      @engrtun 3 года назад +4

      Curious why you had to watch it 7 times?

    • @emiliopanzarino2628
      @emiliopanzarino2628 3 года назад +64

      @@engrtun I didn’t. Read the words in my comment slowly. I said “I’ve watched 7 of his videos back to back...” not “”I’ve watched this video 7 times”. That said I recommend that you read my comment a few more times back to back.

    • @Archieconan
      @Archieconan 3 года назад +7

      @@emiliopanzarino2628 🤣

    • @TuscanWonder
      @TuscanWonder 3 года назад +2

      @@emiliopanzarino2628 Don't chu dew thªyut

    • @l8trh4ter
      @l8trh4ter 3 года назад +14

      I think I'm 5 hours in at this point. And it quite literally all started with their first video what is bitcoin? This guy is so easy to listen to and the content is impeccably clear and concise. I find any questions that I have in a video if I just settle down and watch another video or to the question gets answered. Some of the best content on the interwebs.

  • @СофьяСоколова-о9п
    @СофьяСоколова-о9п 2 года назад +7

    If you are still new to defi, then start with WOWswap - this exchange will be easy to understand, and there are many tools for all occasions - farming, leverage trading, short.

  • @nabubito
    @nabubito 3 года назад +244

    You are ahead of your time and this video will bloom at 2025

    • @internetexpert8153
      @internetexpert8153 3 года назад +1

      What makes you say 2025?

    • @knowgood5903
      @knowgood5903 3 года назад +3

      I've did some research and I see history being made. Would quot some wise words but I'm so excited I can't remember any.

    • @nabubito
      @nabubito 3 года назад +14

      @@internetexpert8153 2025 will be the year of accomplishment
      We are moving towards a different future
      Covid accelerated tech 5 years ahead

    • @BristolMatt
      @BristolMatt 3 года назад +3

      Anyone have any tips on where to invest? Im trying to learn but im not sure what will be the best for future investments.

    • @MrKurttster
      @MrKurttster 3 года назад +1

      @@BristolMatt REEF,.MATIC

  • @elijahjohnyarra
    @elijahjohnyarra 4 года назад +79

    This channel is underrated.
    You guys help explain a difficult topic and make it near stupid simple.

    • @josephokyere3846
      @josephokyere3846 4 года назад

      You know dagcoin please

    • @JamesJohnson-dh9nn
      @JamesJohnson-dh9nn 3 года назад

      I always keep watch on his channel

    • @clemonsgreen6547
      @clemonsgreen6547 3 года назад

      @@dicksonwright7096 Is not about watching videos and wasting time on strategies, I was ignorant doing so, I decided to try and ever since then he has made @14,000 on every $2,500 I invested

  • @itscharlesmedia
    @itscharlesmedia 3 года назад +30

    Seriously, all your videos deserve a million views.

  • @jonathanevans4817
    @jonathanevans4817 2 года назад +9

    This has got to be one of the best videos I've seen explaining cryptocurrency issues. I love how you set the pace and use helpful graphics and there's no background music. Pure professional education. I will be recommending your channel to others

  • @andrewgolota3814
    @andrewgolota3814 2 года назад +6

    Thank you, great explanation. Can you tell me if you will have a video about the WOWswap platform? There is a lot of functionality there - farming, leverage trading... I would like to learn more from an experienced person

    • @СложныйПроцент-д6ш
      @СложныйПроцент-д6ш 2 года назад

      Saw Buterin's mom's tweet about wowswap, but never had a chance to look at it myselff

    • @KetrinSmit666
      @KetrinSmit666 2 года назад

      I liked the fact that I could get high returns without placing my crypto in liquidity pools and without fear of Impermanent Loss

  • @laurenz863
    @laurenz863 3 года назад +2

    How have I not found this guy sooner!?!?!? I've been searching for this for so long!! I'm so thankful and can't stop watching his videos!!

  • @ourcryptojourney1076
    @ourcryptojourney1076 3 года назад +12

    I don’t think this could have been said better. I have been a HODLER for years now, and I am starting to get excited about Crypto again. I will keep up with your content. I appreciate the thought you put into explaining things in a clear simple way. Thank you!

    • @dansaulknight7611
      @dansaulknight7611 Год назад

      Hi, are you still on crypto? Where's a good place to start?

  • @SMX815
    @SMX815 3 года назад +23

    This man is a legend & tells everything in easy to understand terminology 👍

    • @jsgames6843
      @jsgames6843 3 года назад +1

      True, he also has an enormous head when compared to the width of his shoulders

  • @TeaspoonMiner
    @TeaspoonMiner 3 года назад +46

    This was the most fantastic explanation of DeFi! Thank you for the video, Nate! I’m adding this to a cryptocurrency basics playlist to share with some people I’m introducing to crypto. Keep up the great work!

    • @AF-ux2up
      @AF-ux2up 2 года назад

      Where can I see that playlist?

  • @ahmedregragui1861
    @ahmedregragui1861 3 года назад +8

    First time in my life clicking on the like button, and dropping a comment... Hats off !! Great content.

  • @alexburton5054
    @alexburton5054 4 года назад +8

    Defi - Decentralized Finance. There's a LOT of startups using this buzz word to lure in investors. Uniswap has been a great platform for these projects to start on, but as the Ethereum network has been completely congested and gas fees gone through the roof, it's becoming a pain to use. I recently found Stakenet - XSN - Who has the solution to make an improved trading experience. INSTANT ETH and BTC trading in a decentralized environment. Now THAT'S a DEFI project worth looking into, as you see people complaining about slow transactions, high fees, and even failed transactions on the ETH network.

  • @tonynes3577
    @tonynes3577 3 года назад +1

    This video is more understandable... I'm enjoying watching it.

  • @decleanbrown2599
    @decleanbrown2599 2 года назад +48

    I'm 42 and my wife 35 we are both retired with over $3million in net worth and no debts . Currently living smart and frugal with our money . Saving and investing lifestyle in the crypto market made it possible for us this early even till now we earn weekly .All Thanks to alexis susan welsh for the mining opportunity, and i even own properties now, you can look her up online

    • @gostodemaisdaroca4052
      @gostodemaisdaroca4052 2 года назад

      You have a beautiful life in here at RUclips, but surely you're a scammer.

    • @undertakerg1827
      @undertakerg1827 Год назад

      I’m 42 my girlfriend 33 lol and we do it the defi thing together

    • @ToomieC
      @ToomieC 11 месяцев назад

      I looked her up and nothing comes up on her 🤷‍♀️

    • @itsLow85
      @itsLow85 10 месяцев назад

      Yea all I got was she went missing

  • @ItsMe-yu6uv
    @ItsMe-yu6uv 3 года назад +9

    Hi Nate! You have to know that your videos are SUPER HELPFUL and you are really awesome!!... I’m really grateful 🙏

  • @calaiart
    @calaiart 3 года назад +16

    every single crypto explanation video: it is simple, ima break it down for you
    me:

  • @ahmadkhasan1622
    @ahmadkhasan1622 3 года назад +7

    This is the first video from which I realized the central role of blockchain and cryptocurrency has on our future. I didn't say about a distant future, but a period of 5 to 10 years from now. Thank you for introducing such a complex concept in very plain language.

  • @coach_paul_t
    @coach_paul_t 3 года назад +3

    Gonna be real here. I just started investing a few thousand dollars into different cryptos just with the sole goal of getting a ROI. But just started learning more about the DEFI universe and this video blew my mind. Thanks for the thorough video that i know just serves as the tip of the iceberg.

  • @shanekehoecryptovc9458
    @shanekehoecryptovc9458 4 года назад +28

    To be fair... You did a great job with your simple explanations! Now subscribed...

  • @shukailu6731
    @shukailu6731 2 года назад +2

    Great explanation, I like your hair too

  • @SaregamapavanN
    @SaregamapavanN 3 года назад +23

    You are a great teacher for sure, I can pay to learn, thanks for making such videos 😀🤗❤

  • @jamiebury1807
    @jamiebury1807 3 года назад +76

    Can u do a section on NFT's . Your clear way of explaining things are awesome nate !

  • @lukeo5454
    @lukeo5454 3 года назад +8

    The only video on youtube i actually lowered the playback speed.

  • @andrew8394
    @andrew8394 Год назад

    Thanks for sharing the future of money and explaining DeFi as easy as it gets.

  • @foxycurve9268
    @foxycurve9268 2 года назад +5

    Thx for the great content. I’m using Arken Finance as Dex aggregator, would love to see u make a video about it.

  • @The-bi5ry
    @The-bi5ry 3 года назад +2

    Your videos are one of the most informative and simplest to understand on cryptocurrency I have ever seen. Thank you so much!!!

  • @kamsebong3473
    @kamsebong3473 Год назад

    DeFi has simplified finance and Unilend made this so much easier by introducing easy to use platforms and adaptable integrations to help ease out financial services. This is the dream!

  • @arpee1337
    @arpee1337 3 года назад +4

    Very interesting to see the "side-effects" of blockchains and how many industries, financial or not, it's going to spin up in the coming years.

  • @KMT9999
    @KMT9999 4 года назад +28

    As usual, very clear and to the point - especially valuable when a complex topic like Defi is explained. Another video on Automated Market Makers and another on buggs in defi smart contract codes would be great to watch.

    • @bransontay3597
      @bransontay3597 3 года назад

      +.1347966>

    • @Trentkozman
      @Trentkozman 3 года назад

      Thanks for watching, for more tips on how to grow your portfolio message me.
      W.h.a.t.s.a.p.p.
      .+.1.7.6.0.2.6.2.4.2.4.5.💬

  • @hdzhotz5988
    @hdzhotz5988 3 года назад +3

    Those dislikes are from those who run CeFi.

  • @Graceful_G
    @Graceful_G Год назад +1

    This video provides a great introduction to DeFi for beginners, explaining the concept of decentralized finance in a clear and concise manner.
    I really appreciate this. I've subscribed to your channel and I know I would get more videos like this from you.

    • @99Bitcoins
      @99Bitcoins  Год назад +1

      Thank you Grace, I hope you will enjoy weekly updates.

  • @MrDadude123123
    @MrDadude123123 3 года назад +1

    Finally, a proper tl;dr explanation. Thank you!

  • @fredrickjohnson3024
    @fredrickjohnson3024 3 года назад +49

    I Invested in both stock and Crypto but currently i believe crypto is doing more better!!

    • @braintalk2128
      @braintalk2128 3 года назад +1

      Stocks are good but crypto is better 💯

    • @louiswilliams5668
      @louiswilliams5668 3 года назад

      I got 80% of my total portfolio in crypto and it has been great returns

    • @williamsj4697
      @williamsj4697 3 года назад +1

      INVEST IN BITCOIN

    • @tomwillis256
      @tomwillis256 3 года назад

      She's obviously the best I invested 2000USD with her and in 9 days I made a profit of 9101USD

    • @brucelouis4592
      @brucelouis4592 3 года назад

      Believe me she's the best when it comes to Cryptocurrency trading, your profit is assured.

  • @marksifuentes3050
    @marksifuentes3050 2 года назад

    The amount of money there is to be made on RUclips with all this available information. Good luck everyone!

  • @Colin_Wood
    @Colin_Wood 3 года назад +1

    Most understandful cripto related video i’ve ever seen. Well done! Keep it up!

  • @peskypesky
    @peskypesky 2 года назад

    Thank you!!! Sending this to friends of mine who don't understand crypto and defi.

  • @landitrainingbali4842
    @landitrainingbali4842 4 года назад +6

    Simple to understand . Very clear.

  • @jimmyguni
    @jimmyguni 3 года назад +1

    man, I really hope you're a multi millionaire by now! you were on this so early!! great explanations too btw

  • @isr1825
    @isr1825 2 года назад +2

    This is an excellent explanation. Very intuitive and logical structure. Good job!

  • @Breaker-of-evil
    @Breaker-of-evil 4 года назад +1

    Unlike other videos about DeFi, this one right here is super easy to follow. Gonna share this on TORUM.

  • @toshi_btc
    @toshi_btc 4 года назад +7

    awesome explanation

  • @ss42069
    @ss42069 3 года назад +4

    Underrated channel, so many valuable videos

  • @EM-is9ti
    @EM-is9ti 3 года назад

    99 Bitcoin - Basically the superhero of the crypto world. What would I do without you 99Bitcoin? I'd be a lot dumber, that's what. I don't know how you don't have more followers. Very underrated for the content you provide.

  • @cw5312
    @cw5312 3 года назад +11

    Be careful when lending DAI. I I got DESTROYED .. ETH fee's were INSANELY high. Ended up losing a lot of money.

    • @Exsulator2
      @Exsulator2 3 года назад +5

      cou... could you please explain in simpler terms for a beginner like me, with a bit more context?

    • @UniversalDust
      @UniversalDust 3 года назад

      What percent did ETH take if you don't mind sharing? How does the fee structure work anyway ? I guess it wasn't stated up front?

    • @havefunbesafe
      @havefunbesafe 3 года назад

      Coinbase fees are fucking insane , I know

    • @kiwi123467
      @kiwi123467 3 года назад

      Agree use zil blockchain zilswap a few cents in fees huge returns 400/: plus

    • @silencenhikes6692
      @silencenhikes6692 2 года назад

      That is why hedera is a better ecosystem.

  • @Cryptic_Chris
    @Cryptic_Chris 3 года назад +4

    I love the outtakes at the end. Amazing content, always! Big help.

  • @Inyoma
    @Inyoma Год назад +2

    Thanks for your outline

    • @99Bitcoins
      @99Bitcoins  Год назад +1

      Thank you so much Imani, you can also watch our weekly updates.

  • @afrini
    @afrini 2 года назад +1

    Great explanation, as a 15 year old I love how these videos are explained.

  • @lowwprofile
    @lowwprofile 2 года назад +1

    Thank you. Keep spreading the word of decentralization!

  • @bb-sm7wr
    @bb-sm7wr 3 года назад

    I'd given up on ever understanding this stuff, but these videos explain it all so clearly. THANK YOU !

  • @diamontie8
    @diamontie8 3 года назад +2

    Luv ya Nate. Your videos are so important to us. Great delivery, knowledge, information. Your series of education is really important in these days of change. Many of us really value your work. Thank you Nate.👍😄

  • @angelicalynch6481
    @angelicalynch6481 2 года назад +1

    Best description

  • @Kaisaya
    @Kaisaya 2 года назад +1

    Educational video. Thanks!

  • @SantiagoRR1971
    @SantiagoRR1971 4 года назад +2

    Nate, please take a look to Money on Chain a DeFi proyect that uses RSK to provide Stablecoin DoC and many other smart contracts that use Bitcoin as collateral. You will be amazed.

  • @jessonnelson2745
    @jessonnelson2745 2 года назад +2

    I would love to see a video on margin trading for beginners. The difference between stop limit and stop market with risks for each. Also, if liquidation occurs - is it just the margin account? ie. are the main, and trading accounts protected?

  • @simonwong2214
    @simonwong2214 3 года назад +3

    Good video explaining the concepts clearly.
    But my questions would be, the smart contracts created by Dapps would have to be so simple and also concise for them to work since they can not be changed once they are in place? Unlike traditional agreements forming a contract which can be agreed and varied between the parities. Also, who would write/create the smart contracts between the parties? The Dapps or the individuals themselves? If the individuals, then are they fully experienced and knowledgeable to do so?
    Also there is a section which discusses purchasing insurance by cutting out the middle man or organisation. Does that mean you would be insured by another individual willing to provide this insurance? If so, is there not a risk that the individual offering to provide insurance, has sufficient funds to do so? Would you not rather have the backing of a larger company organisation for insurance?
    Also, we need to remember that these larger companies were once a small company, that may have started off as an individual and then through successful business, has grown the business and employed more people and then eventually become this larger company they are now. Therefore why are reverting back to the grass routes and cutting these companies out?

  • @julianboone9542
    @julianboone9542 Год назад

    You may be aware of the environment people ask you to help.
    Everyone comes to you with hope but they are driven by stress because of their financial situation. Their stress levels are already high but their reluctance to make a decision is well founded mainly because taking your help is just another stressful decision they must undertake and risk making their lives worse not better.
    Anyway good luck and gods speed.

  • @marvellousetaigho6518
    @marvellousetaigho6518 3 года назад

    Thanks Nate
    One of my best channel on crypto

  • @B4B4GN00SII
    @B4B4GN00SII 3 года назад +2

    fantastic video! Really appreciate the clear terms and context for some of the diff coins. Subscribing right now.

  • @foodforlife181
    @foodforlife181 3 года назад +1

    Good explanation. Lite Liger just created a video about Aloha Defi as well. I am glad that youtubers started to explain more about Defi so normal people can understand better

    • @jessicawiley5797
      @jessicawiley5797 2 года назад

      Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???

  • @jemimahkeziahmorales7724
    @jemimahkeziahmorales7724 3 года назад +2

    Thank you so much for this video! Ended in this video cuz I was trying to understand the CashTech Defi App project my friend was recommending. This video helped a lot. Might invest into CATE.

  • @businessguide6219
    @businessguide6219 3 года назад +7

    This video is worth watching! More of this, please!

  • @Ninjatech1980
    @Ninjatech1980 3 года назад +7

    I wish this guy was my finance teacher in college💐💐💐

  • @leeroypana7920
    @leeroypana7920 3 года назад +2

    you speak so clearly that I can catch almost every word as a foreigner

  • @aasifiqbal2292
    @aasifiqbal2292 2 года назад +1

    This video is very informative and explains in very positive manner

  • @idoit206
    @idoit206 3 года назад +1

    On the Crypto train! Thanks

  • @chandankafle1096
    @chandankafle1096 3 года назад +1

    Probably one of the most under rated channel..👍🙏

  • @baller84milw
    @baller84milw 3 года назад +5

    4:30 I wanna setup a DAI trade with someone, but then just show up with some dice and act confused.

  • @yozy4996
    @yozy4996 2 года назад

    Freak'n Excellent tutorial...Great job guys

  • @cringemaster6784
    @cringemaster6784 3 года назад

    In a relatively new financial sector where scams are common and tokens with legitimate use cases are few and far between its important to do your research and be careful. Statera is a deflationary token and when inserted into a balancer pool (index fund) it creates volume through deflation and the fund pays out swap fees to holders while mitigating risk through automatic diversification. You are essentially entering the fund with any of the contained assets in the fund (Ethereum/Bitcoin/Chainlink/Synthetix/Statera) and the balancer pool (Index fund) will automatically sell the tokens that are rising in price and buy the tokens that are not (buying low and selling high) all automatically. Through this balancing and constant cycle of buying low selling high within the pool the fund pays out "swap fees" to the balancer pool (index fund) increasing the overall value of the fund and your investment. This should be thought of more as a safer long term hold as you're not only exposed to the price action of Statera but also four reputable blue chip tokens while providing a respectable return on investment estimated anywhere from 20-200% per year depending on the overall crypto market.

  • @alaad1009
    @alaad1009 3 года назад

    Give this man an award !

  • @chrisrosenkreuz23
    @chrisrosenkreuz23 3 года назад +1

    very clear channel, can't get enough

  • @xTimbo23
    @xTimbo23 3 года назад

    Badger DOA; the math checks out. #1 on DEFI assets and the TTVL is just insane. Partnership with CREAM is in final stages. Check it out!

  • @rickydeluca2623
    @rickydeluca2623 3 года назад +1

    Can you do a video on Hoge Finance? It's Defi and 100% deflationary with 1% burn on every swap. Hoge is growing rapidly as we speak and the fact that you can farm new coins just by holding Hoge is absolutely genius. Please give us your take!

  • @dolceneranera3567
    @dolceneranera3567 2 года назад

    A fully perfect and complete explanation.! Grazie from Italy

  • @TheMoon
    @TheMoon 2 года назад

    Crypto users could top 1B by 2023 as nations continue to adopt Bitcoin. Crypto will make more people financially independent than any other asset class in history. Solid video, engaging from the beginning to the end.

  • @gkmkgmkgm629
    @gkmkgmkgm629 4 года назад +4

    excellent explanation and overview.. in real plain english...thank you man..!!!

  • @triunduo4410
    @triunduo4410 3 года назад

    this guy seems prettyl legit so far, prolly the reason his video is ranked top search

  • @sergiochechoortiz6445
    @sergiochechoortiz6445 2 года назад

    Thanks for educate us. Respect and appreciation

  • @quervinwong9570
    @quervinwong9570 2 года назад

    Thanks for being very helpful! This really helped me understand more what is Defi, and how Coin Fantasy will be implicating this on their platform.

  • @Kmaaq
    @Kmaaq 3 года назад

    This video is very informative but also feels like it was made in 2010. A branding update would help.

  • @munxprojectsalternative
    @munxprojectsalternative 2 года назад

    Thank you. I am all in! Greetings from Finland

  • @irfanbhuiyan620
    @irfanbhuiyan620 2 года назад

    this is mad helpful, also a tip: i think maybe the stark white background is a little too contrasty and harsh on the eyes, i'd love it more if you guys had a slightly darker/colorful/muted background

    • @321Tdog
      @321Tdog 2 года назад

      Then he would need a white shirt

  • @riggingdepartment6752
    @riggingdepartment6752 3 года назад

    Hi can you please make a video for Algorand?

  • @sureshkv8135
    @sureshkv8135 3 года назад +2

    Great intro to Defi thanks

  • @wolfgangs2541
    @wolfgangs2541 2 года назад

    This dude is a real one

  • @reddyqa5773
    @reddyqa5773 4 года назад +3

    Great Explanation. Thank you
    Pls also talk about ChainLink and its advantages when you have time. Thanks a ton

  • @2binspired2
    @2binspired2 3 года назад +1

    Who pays the high yields that people earn using DeFi Yield Farming?

  • @TheJackSP
    @TheJackSP 3 года назад +2

    Great content, thank you. Would love to see a deeper dive into the yield farming aspect of defi if you have time 🙏

    • @TheJackSP
      @TheJackSP 3 года назад

      You are not the real 99bitcoins. Shame on you impersonating this channel. Take your scam to another comment section.

  • @zhihaochen4781
    @zhihaochen4781 3 года назад

    Oort Digital is building a decentralized NFT data marketplace to document NFT trading prices, interest and so on through NFT leasing, trading, collateralized market to provide a benchmark of NFT valuation.

  • @rafaellajara3623
    @rafaellajara3623 3 года назад

    No hipe, just great way of informing.

    • @grahamstephan5800
      @grahamstephan5800 3 года назад

      W•H•A•T•S•A•P•P
      +•1•7•2•0•5•0•2•8.9•7•2•
      I•n•v•e•s•t•i•n•¢•r•y•p•t•^o
      B•T•C•A•N•D•E•T•H

  • @StellarStoic
    @StellarStoic 3 года назад

    Great video 👍 but...just to be clear. This video is 1 year old and Stellar DEX is way older than 1 year. Yes Stellar also have DEX exchange.

  • @silencenhikes6692
    @silencenhikes6692 2 года назад

    Defi built in hedera will be the best. Hbar transaction fees are cheap and always the same which is best for companies to forecast costs. Not like those eth gas fees and slow.

  • @kennethgirouard9776
    @kennethgirouard9776 3 года назад +2

    Very informative. Thanks.

  • @eyewaves...
    @eyewaves... 3 года назад

    Thank you for this video - got a step further with some of these concepts and ideas...very useful and well explained.

  • @ifeanyichukwuOkonkwo
    @ifeanyichukwuOkonkwo 2 года назад

    Thanks for this explanation. I hope to participate in DeFi when UnidoEP app launches, and I decided to educate myself first before going into that.

  • @acocabarkapa
    @acocabarkapa 2 года назад

    Nice content ,fos beginner s, thank you! We will continue to learning

  • @ferget9111
    @ferget9111 3 года назад

    My guy you just earn yourself a subscriber 👍

  • @thedukemediatz
    @thedukemediatz 4 года назад +3

    you are good in explaining hard things.. I know know what Defi is.. Thanks