Nova Academy

Africa's Tech and Finance Academy. Learn Digital skills : Software Development • Forex • Crypto •Web3,etc. Enroll now⬇

[Nova Academy @nova_acad]

𝗗𝗲𝗙𝗶 stands for Decentralized Finance.

It lets you lend, borrow, swap, and earn with crypto,without using a traditional bank.

Everything runs through smart contracts on the blockchain.
https://t.co/vwhtMb3nYt

[Nova Academy @nova_acad]

Everyone talks about 𝗗𝗲𝗙𝗶, but what does it actually mean?

Here's DeFi explained in under 2 minutes. 👇🏽

-A THREAD 🧵-

[Nova Academy @nova_acad]

-END OF THREAD 🧵-

[Nova Academy @nova_acad]

Ever wondered what categories actually make up Defi..?
Well,Here it is , Summarized in 2 minutes.

-A THREAD 🧵-

[Nova Academy @nova_acad]

•𝗧𝗿𝗮𝗱𝗶𝗻𝗴

Buy and sell crypto on decentralized exchanges to profit from price changes.
> Active and risk-based.

[Nova Academy @nova_acad]

Gm CT,
Gm Thursday.

[Nova Academy @nova_acad]

Crypto Tuesday!
Dyk?

[Nova Academy @nova_acad]

-END OF THREAD 🧵-

[Nova Academy @nova_acad]

Ever wondered what ways in which crypto is being traded?

Well, Here it is, summarized in 2 minutes.

-A THREAD 🧵-

[Nova Academy @nova_acad]

- 𝗔𝗿𝗯𝗶𝘁𝗿𝗮𝗴𝗲

This is just taking advantage of price differences.

Buy cheap on one exchange,
sell higher on another.

Simple idea… not always easy to execute.

[Nova Academy @nova_acad]

GM CT!
GM Tuesday.