DeFi is a weird space. On one hand, it’s absolutely filled to the brim with scam projects, rug pulls, hacks, ponzi schemes and exploits that everybody just apes into. Some might say a glorified casino but without the open bar or at the very least the 50% chance to beat the House in a hand of blackjack. On the other hand, some of the most intelligent people that I know, from all walks of life and corners of the globe, are knee-deep in stablecoin plays, yield farming, nodes and lending strategies that put investment banks to shame. Literal one-man hedge funds with monthly profits that would make TradFi institutions kill for. If you get past the 90 degree learning curve, have a good grasp of blockchain, finance, tokenomics and some patience, you can grow a small amount of money into a small fortune. Even more important, you can make that small fortune work for you at a rate that a bank will never be able or want to provide you.
Impermanent Loss isn’t the Boogeyman
Impermanent Loss isn’t the Boogeyman
Impermanent Loss isn’t the Boogeyman
DeFi is a weird space. On one hand, it’s absolutely filled to the brim with scam projects, rug pulls, hacks, ponzi schemes and exploits that everybody just apes into. Some might say a glorified casino but without the open bar or at the very least the 50% chance to beat the House in a hand of blackjack. On the other hand, some of the most intelligent people that I know, from all walks of life and corners of the globe, are knee-deep in stablecoin plays, yield farming, nodes and lending strategies that put investment banks to shame. Literal one-man hedge funds with monthly profits that would make TradFi institutions kill for. If you get past the 90 degree learning curve, have a good grasp of blockchain, finance, tokenomics and some patience, you can grow a small amount of money into a small fortune. Even more important, you can make that small fortune work for you at a rate that a bank will never be able or want to provide you.