Top Tweets for #100DaysofDeFI
My full #100DaysOfDeFi challenge guide has been published on #CollectiveBrain ๐๐ฅณ You're still on time to start learning about crypto and #DeFi
๐จ๐ฐVery excited about this.
Read this amazing content about #DeFi by @anacoding in๐ง #CollectiveBrain. Check it out for a great overview of the current state of the decentralized finance space. #crypto #blockchain
Take a look here ๐๐
https://t.co/PYYLpXT1Qt
Day 22 of #100DaysOfDefi
I found this article by Cointelegraph on how Hong Kong is exploring possible use cases for its retail central bank digital currency.
https://t.co/C1WGREiYZ9
Day 21 of #100DaysOfDefi
One of the main functionalities of Chainlink is to deliver the most accurate assets through its price feeds which can be integrated into blockchain protocols for certain use cases
Day 20 of #100DaysOfDefi
Off-chain data is an essential component of Defi and should always be valid and accurate.
Day 19 of #100daysofDeFi
What has Bitcoin solved ?
Double payment, No intermediary, No record change, No hacking
Day 18 of #100daysofDeFi
Smart contracts are innovative, but no one discusses their potential limitations.
Here are two common smart contract limitations . ๐งต
Day 17 of #100daysofDeFi
Following the Ethereum merge, I get into the new terminologies that have sprung up.
The thread below gives a break down:
#defi #EthereumMerge
Now that the ETH merge has happened, it's important that you learn the new terms and tooling around Proof of Stake. These concepts will help you navigate this new era of the Ethereum network.
Here's a quick and easy primer to get you started ๐งต:
All You Need To Know About Gas Fees In 3 Minutes - Day 16 of #100DaysofDeFI
Day 15 of #100DaysOfDefi
I read the newsletter by Bankless Africa which gave an elaborate analysis of the DAO model and it's relevance in the future of corporate governance.
๐จNewsletter OUT!
Why the #DAO model is the future of #Governance @AdeniyiTife
๐ณ๐ฌ @BinanceAfrica to develop #crypto #digital hub in Nigeria
๐ฎ@MetaverseMagna raises 3.2M USD to build #Africa's largest gaming #DAO
๐ฌ๐ญ20% of Ghanaians own crypto
@Bitso ๐ค๐
https://t.co/2kYc1OjGI9
Day 14 of #100daysofDeFi
A projectโs TVL changes when users make deposit and withdraw assets, it also changes in line with the fluctuating value of the fiat currency or the native token.
Day 13 of #100daysofDeFi
BTC is a medium of exchange for payment and a store of value used on the Bitcoin blockchain.
ETH,powered by the Ethereum network, supports the transfer of value from one party to another.
ETH also powers the facilitation of smart contracts and Dapps
Day 12 of #100daysofDeFi
With the growth and development of Book keeping methods there still exists the issue of transaction misrepresentation leading to distrust.
The blockchain solves this.
Day 11 of #100DaysofDeFI
I read an article from Bankless which gave an in-depth analysis of how the DAO model may be the future of corporate governance.
https://t.co/ZJRge51L5F
Keeping Your Tokens Secure - Day 10 of #100DaysOfDefi
The best procedures to keep your tokens safe are :
โข Put two-factor authentication into practice
โข Practice effective private key management
โขStore money in a cold (hardware) wallet
Day 9 of #100daysofDeFi
The blockchain has a P2P value transfer system. What does this mean ?
This means that value can be transferred by two parties without the help of a third party
Day 7 of #100daysofDeFi
Imagine an algorithm took charge of your trades in the market ?
This is possible. A thread.
Day 6 of #100daysofDeFi
Looking for a simple break down of what a Liquidity Pool in Defi entails?
Iโve got you! ๐งต
Day 5 of #100daysofDeFi
Letโs talk about Yield Farming.
Yield farming is the process by which crypto token holders earn rewards by providing liquidity to DeFi platforms.
Day 3 of #100daysofDeFi
Uniswap is a protocol used to exchange cryptocurrency tokens in the Ethereum blockchain deployed through a set of smart contracts.
Uniswap is built on the concept of โLiquidity Poolโ and โAutomated Market Makers.โ
#web3 #web3community #defi
To top it all, you donโt need to have technical expertise to participate.
Super cool!
#web3 #DeFi #100daysofDeFi #web3community #learnDefi
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