GoodFi

A not-for-profit organisation with the mission of getting 100m people to put at least $1 into DeFi by 2025.

[Zebu Live @Zebu_live]

Our next #DeFiLive community partner...

💥 @GoodFi_ 💥

GoodFi is here "to demystify DeFi" 👀

They are a non-profit organisation designed to help #crypto new-comers make good #DeFi decisions!

We are so excited to have such a great project on board 🙌

Stay tuned for more...

[GoodFi @GoodFi_]

The GoodFi Matchmaker service has been very well received, being covered extensively in the media by @YahooFinance @Investingcom, @btc_manager, @bitcoinist, and more!

Try the Matchmaker now: https://t.co/bSAXZCuP7d

https://t.co/EyJqtQSZU0

[GoodFi @GoodFi_]

It's an exciting day for the GoodFi Alliance as we welcome new members @terra_money @Bancor @0xPolygon and @graphprotocol!

Today we also unveil our new DeFi Matchmaker! A service to simplify the users journey into the world of #DeFi. Try it now: https://t.co/bSAXZCuP7d

[GoodFi @GoodFi_]

Providing cryptocurrency to #DeFi apps enables others to use those assets for trading or investing, providing you with a return.

But how exactly do these pools work?

Here we break it down in simple terms, with examples from @SushiSwap and @Uniswap.

https://t.co/PUCXL62MIa

[GoodFi @GoodFi_]

We have just released the first video of an educational series aimed demystifying #DeFi!

GoodFi is a not-for-profit, founded to make your first steps into Decentralised Finance (DeFi) as easy as possible.

What topic should we cover next?

https://t.co/PUCXL62MIa

[GoodFi @GoodFi_]

Experienced #DeFi users have 100% of their exposure in volatile asset (such as wBTC and ETH) and then put those assets to work within #DeFi to earn even higher returns.

While this can get the biggest returns, it is also the most risky strategy.

[GoodFi @GoodFi_]

To enter the world of #DeFi you will need:

1️⃣ A DeFi compatible cryptocurrency wallet
2️⃣ Some #cryptocurrency in that wallet,
3️⃣ Some #ETH to pay transaction fees.

Check out https://t.co/xFxx7WhwXK for help getting started!

[GoodFi @GoodFi_]

#DeFi exchanges like @SushiSwap & @Bancor let you earn a yield on more volatile assets like #wBTC and #ETH, while still keeping some stable coin exposure as well.

https://t.co/xFxx7WhwXK

[GoodFi @GoodFi_]

DeFi lending applications like @AaveAave offer you the ability to earn interest on stable coins. A stable coin’s value stays fixed to a real-world currency like the USD.

Due to their stable value, these are a great starter-asset to try DeFi.

https://t.co/37KhIsU9WO

[GoodFi @GoodFi_]

Providing your #cryptocurrency ("liquidity") to DeFi apps enables others to borrow & use those assets for trading or investing.

When a speculator uses a #DeFi app, the app charges a fee. By providing liquidity to these apps you earn part of these fees.

https://t.co/xFxx7WhwXK

[GoodFi @GoodFi_]

#DeFi doesn’t rely on humans, it relies on "smart contracts" that keep your money safe.

Anyone who wishes to use the #cryptocurrency you provide must FIRST provide assets of greater value as collateral. That way, you’re covered for any potential loss.

https://t.co/xFxx7WhwXK

[GoodFi @GoodFi_]

Over $100Bn of cryptocurrency is already invested into DeFi applications on blockchains like Ethereum.

[GoodFi @GoodFi_]

Which Discord channels would you recommend for someone getting started in DeFi?

#Discord #Crypto

[GoodFi @GoodFi_]

GoodFi Advisory Board Attracts Executives From 22 Top DeFi Projects.

https://t.co/6HPlRB7WqU
#Defi

[GoodFi @GoodFi_]

Want to see which #DeFi products are hot right now?

Check out @DefiLlama, they have a great site and its very easy to use!

👉 https://t.co/Ti21rVl3NJ

[GoodFi @GoodFi_]

Want to get started in DeFi?

Check out this create explainer video from @finematics

https://t.co/iRFzAlv9ub

#goodFi #defi #crypto

[GoodFi @GoodFi_]

#GoodFi is working to create educational materials to tackle these adoption issues in DeFi.

https://t.co/FXn4JU8wQQ

[GoodFi @GoodFi_]

"The GoodFi Alliance is the initiative with the simplest proposition, yet the biggest impact. Bringing people in with only $1 is far less scary for non-technical and financially versed people than talking about big investments ."

@thectrlaltf @mstable_

#GoodFi #Mstable #DeFi

[GoodFi @GoodFi_]

"I’ve joined GoodFi to be part of the global movement towards DeFi. DeFi enables greater & fairer access to financial services but a unified drive to educate new users is needed for greater levels of adoption."

@LawrenceTilli @NetZeroCapital

#GoodFi #NetZeroCapital #DeFi

[₿IRB @crypto_birb]

I keep coming back to our congress show with @radixdlt as $EXRD fam led @GoodFi_ session live with some big names around. Layer one long-term game. Check out
https://t.co/ngyppLs6ux