Dumb DeFi

Demystifying crypto and bringing DeFi to everyone.

[Dumb DeFi @DumbDeFi]

We're back to regularly scheduled dumb content! 🥴

[Dumb DeFi @DumbDeFi]

What DeFi is going to do to financial literacy is what PCs and the internet did to technological literacy in the 90s and 00s.

Democratizing finance changes the way communities are organized, leveraging capitalism for good and making systems more fair.

[Dumb DeFi @DumbDeFi]

What are some of the best derivatives being built on/with @lootproject?

[Etienne @etiennexyz]

some on-chain data on @lootproject AGLD

👇👇👇🔥

[Dumb DeFi @DumbDeFi]

So how did we do? Summarising complex projects like this isn't easy, we're always going to miss some of the finer details. For more information on the project, check out the project's website: https://t.co/2jkBveyNvP

[Dumb DeFi @DumbDeFi]

WTF is @Lootproject?

Created by @dhof, it has sent waves through the community this week, and is an important milestone project for NFTs and Ethereum as it calls into question how we can reimagine NFTs as a tool and asset. This thread will explore the project in 5 points 👇💰

[Dumb DeFi @DumbDeFi]

5. $AGLD (Adventure Gold) is the project’s ERC-20 token that is intended to be used as the Loot universe’s currency, as well as intended to provide future-focused project governance for the creation of future bags

[Dumb DeFi @DumbDeFi]

Are you new to #DeFi and are wondering what #EIP1559 is? 🚀 We've got you covered with a quick summary.

This is the first in our series of explainers where we explore #Ethereum and #DeFi in 5 dot points or less 📝

https://t.co/E58yMJurVs