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CryptoPatelDeFi

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CryptoPatel
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Bullish
Lecture 3: Why DeFi Is Growing So Fast Simple reasons: ▶️ Higher yields: Better returns than banks ▶️ 24/7 markets: No holidays, no closing times ▶️ No entry barriers: Anyone can join with a crypto wallet Real-world example: ▶️ A bank might offer you 2% on savings. ▶️ DeFi platforms like Aave or Compound can offer 5–10% or more. Warning: Returns are higher, but risks are also higher (hacks, price crashes). #CryptoPatelDeFi #cryptouniverseofficial #coinaute $BTC $ETH #DeFi
Lecture 3: Why DeFi Is Growing So Fast

Simple reasons:
▶️ Higher yields: Better returns than banks
▶️ 24/7 markets: No holidays, no closing times
▶️ No entry barriers: Anyone can join with a crypto wallet

Real-world example:
▶️ A bank might offer you 2% on savings.
▶️ DeFi platforms like Aave or Compound can offer 5–10% or more.

Warning:
Returns are higher, but risks are also higher (hacks, price crashes).

#CryptoPatelDeFi #cryptouniverseofficial #coinaute $BTC $ETH #DeFi
CryptoPatel
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Lecture 2: How DeFi Works (Real-World Examples)

#DeFi runs on smart contracts (programs) on #Blockchains like #Ethereum

Example:
1⃣ You deposit 1 ETH into a lending app.
2⃣ The smart contract locks your ETH safely.
3⃣ Someone else borrows your $ETH and pays you 5% interest automatically.

Popular DeFi Apps:
1⃣ Uniswap = Swap tokens (like a decentralized exchange)
2⃣ Aave = Lend or borrow crypto
3⃣ Curve = Trade stablecoins with low fees
4⃣ MakerDAO = Borrow DAI (a stablecoin) against your crypto

Smart contracts = Trust the code, not people.

#tradingtips $BTC
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