DeFi с нуля — Step-by-Step Guide & Transcript

[00:01] complete disarray again, people are once again starting to take an interest in Defi, where you shouldn't bet your money on dubious signals in Telegram channels. And in general, you shouldn't buy any tokens that have

[00:13] hit bottom again and again for the twenty-fifth time. In this case, all DeFi funds will belong exclusively to freeze them, or otherwise interfere with your work in cryptocurrency. How can this be done on any centralized exchange?

[00:26] We know a lot of such stories. But in reality, any topic on which you difficult. So I recommend you watch this video to the end, and you will finally understand how people actually make money in Defi.

[00:39] waste a second. Let's go. Today we will discuss three key points on which the entire Defi sphere is built. The first is landing marketing, that is, markets where you can lend your cryptocurrency

[00:52] or borrow any cryptocurrency using the crypto you already own as collateral n't want to sell it, I don't want to do anything with it at all, but at the same time I understand that if I borrow stablecoins from someone using my

[01:07] Ethereum as collateral, I can turn these stablecoins over and make money on it. This is exactly what this we move on to the second point - liquidity pools. This is exactly where we will earn money from the stablecoins that we

[01:23] borrowed using our cryptocurrency as collateral. I understand that this sounds complicated now, but this in as much detail as possible and, so to speak, without following a script, and you will figure it all out, I guarantee it. And the last point is p-dexes, that is,

[01:36] decentralized exchanges where people can trade futures. Let me tell you right away will not be trading futures [music]. We, on the contrary, will earn from those who trade on them and lose on trading. To move from the theoretical part to the practical one, we

[01:50] . Let's ask this, naturally, in the GPT chat. Before, I would type all this into Yandex, read the definition to people, and then But now we have GPT chat, which can tell us [music]

[02:03] everything about DeFi. Let's type in a query. So, DEFI is decentralized decentralized finance, that is, a direction in the world of cryptocurrencies that services without intermediaries. Let's discuss something for beginners right away. We have

[02:17] they have management, they have a support chat, they have a huge employee base, and decentralized. Decentralized exchanges also have employees, but they are exchanges run by the users themselves. They have,

[02:31] roughly speaking, no borrowed funds. That is, on the exchange, on the centralized that are on the exchange is provided, well, roughly speaking, by the head of this exchange, yes, he invest in this exchange, and you, in fact , can trade

[02:45] spot coin. In decentralized finance, the circulation of any cryptocurrency you and I, roughly speaking, I have 1,000 dollars, you have half an ether, 1,000 dollars. This is how any decentralized exchange works. There are

[03:01] a lot of users, they add their liquidity here. And this is where their liquidity here. And this is where Defi's main advantage lies. Your funds are embedded wallet at the exchange. This means you always have access to them, and no one

[03:14] can simply block them or ask about the origin of these funds. In DF you can trade and earn money with peace of mind. Let's also read examples of what you can do through Defi. As I said, you have the

[03:26] right and opportunity to borrow and lend cryptocurrency at interest. This is what to that later. You can also exchange tokens. Well, let me decentralized exchange, you pay a commission. Therefore, it probably

[03:40] makes sense to have an exchange account where you can do some basic , convert them on the exchange, and then earn interest. That is, on the exchange we have staking, in decentralized

[03:53] finance there is both staking and liquidity pools. This is the second point, which discuss a little later. And creating and trading derivatives is exactly the kind of thing we won’t be trading futures there; something else is

[04:06] video. And, accordingly, insure risks through decentralized insurance protocols. We won't touch on this [music] video . For now, for beginners, the , which we will now move on to. First. Lnding

[04:20] landing market that exists is Lending Market Avia. Aviai.com. All referral links, and they will be in the description of this video. There you can a lot of mirrors, so please only use

[04:35] link in the description. The largest lending marketplace where borrow cryptocurrency using your own as collateral, or lend your cryptocurrency and earn interest. We'll discuss only the most important aspects of

[04:49] chapter we'll be discussing today. And reason to subscribe to our channel and follow analyze each button in detail. This landing market currently holds

[05:03] $45 billion. This is the largest, most reliable landing market that exists. It has never been hacked yet. I hope it largest funds that are somehow connected to cryptocurrency operate here. Let's say,

[05:16] he is one of those who supplies liquidity to this Ling Mark. Well, and, accordingly, in general, everyone who is somehow connected with Defi knows about available funds, that is, those funds that you can borrow, roughly

[05:31] speaking, and those funds that are locked up with people who have given their cryptocurrency any decentralized finance. Everything is done through wallets. This means that you definitely need to figure out this

[05:45] . This is Metamask, this is Phantom. By the way, we have go and take a look. Ah, but I'll now recommend you a new wallet that just recently appeared - it's Rabby Wallet. Well, they say it’s much more

[05:58] convenient, much clearer. There is Russian language here, which is very nice and use it? I'm just our work, we need to connect this wallet to the AVI protocol itself.

[06:12] Click the Rabbit Wallet button. It immediately redirects you to the transaction connection page . I'll click the connect button. Let me remind you that we will also have instructions for Raby World to subscribe to the channel. And there I will figure out how to work with this wallet

[06:24] to explain to you how everything happens mechanically. Well, the first thing we'll look at is the collateral for your ether, what the interest rate is, and what's going on. I currently have $42 in Ether in my wallet. I want to use

[06:38] my cryptocurrency as collateral for USDT, so that I can then convert these USDT and earn annual interest without doing anything. That is, complete passive income. I can put my Ethereum on Ava at 1.32%,

[06:53] meaning I'll get paid this percentage annually just for providing liquidity in the form of my Ethereum . I can also borrow . Let's say I can borrow Ether at 2% per annum using USDT as collateral. So

[07:08] in this case, when I provide Ethereum, I get paid, and when I borrow, I pay, which is probably logical. And then, to do this, we click on the Details button, go to the Ethereum section and see the entire available

[07:20] amount of Ether that I can put as collateral and then take out another cryptocurrency against it. I'll click the Supply button. Here I will press the max button. And you see Supply button. Here I will press the max button. And you see gas, that is, the fee for the commission in any

[07:33] decentralized finance. Here you will always and for everything pay [music] you pay a commission. If you want to exchange one cryptocurrency for another, you pay a commission. That's why I say that any dex works in

[07:47] because you can do it there for free. You can easily exchange your UZ for Ethereum through a spot terminal, paying negligible), and then calmly transfer money here and there to earn money on

[08:00] approximate commission. I'll press the sulply eth button. So, I'm now throwing my Ethereum into the pool. I will be charged annual interest for this without any conditions at all. That is,

[08:13] I will clearly receive approximately 1.5% per year in rewards for giving Ethereum loans. She again redirects to the transaction confirmation page. Gas $1, which is currently equivalent to about 80 rubles. While I was preparing for this video, I

[08:27] probably lost 500-700 rubles just on fees, moving my Ethereum back and forth. This all happens in literally a matter of seconds. Sometimes, when there is a high are exchanging, it takes up to several minutes and the fee is correspondingly higher.

[08:41] The fewer people exchange, the less you pay. That's it, my Ethereum just got blocked and I'm already receiving rewards. I'll click the OK button, close, where I can see everything that's happening with my broadcast. I'll press the

[08:54] amount of ether I can put on my balance. It is displayed here. It shows the percentage I receive as a reward. And this button is very important. This button allows you

[09:09] to take another cryptocurrency using our Ether as collateral. Let's say I now want to take USDT in order to rotate them further in liquidity pools. Here I will click the Borrow button, meaning I will borrow USDT from the AI ​​lending market. I will do this at 5%

[09:23] completion. There are many strategies for making money on Defi, specifically by playing with these percentages. Here I get paid 15% . Here I take USDT at 5%. That . Here I take USDT at 5%. That is, I take them not at 5%, but at

[09:37] 3c5%, since here in Ethereum they pay me money for what I lent. I press the Bor button, that is, I want to borrow USDT and press the want to borrow USDT and press the Max button. You may be allocated up to 70% of your

[09:50] put 10,000 Ethereum as collateral, you will receive $7,000 in USDT. I'll click the "I understand the risks" button and take [music] UDT. Now I'll sign the transaction. That's it, I've signed the transaction . What are the risks? When you

[10:06] borrow an asset, its value may change . That is, let’s say I put my broadcast on air, its price [music] might fall. And then it turns out that the exchange gave me too much money. Now Ether is worth less, but

[10:19] the amount of USDT I have hasn't changed. And this is where the biggest risk lies. If you pledge your crypto as collateral and the cryptocurrency fluctuates sharply in one direction or another , the exchange can take that money as collateral for your

[10:32] loan. Here you need to monitor the hlipfactor, that is, the risk factor. Here you can click and read about your risks and why. The less money you borrow and the more collateral you have, the less likely you are to have

[10:45] your funds liquidated. That is, the exchange will take it and say: “ take yours.” because you took out a loan and cannot repay it with your collateral. That is, roughly speaking, your scheme, you can, [music] let’s say, take not 70% of the

[10:58] maximum allocation for USDT, but, say, 50%. That is, you deposit 10,000 ether say, 50%. That is, you deposit 10,000 ether , borrow 5,000 dollars, and the becomes very small. We'll go into more detail about the risk in the

[11:11] do. Next we move on to the second point - liquidity pools. Now that we've figured out how to get USDTs, we need to in general, and why we got them. Let's move on to pools. Liquidity pools are located

[11:26] on various platforms. The most popular of them are Uniswap, Pancake in order to understand pool platforms, we need to understand what a pool is. A pool is [music] a place where people exchange one

[11:38] cryptocurrency for another, because in decentralized finance, as I said, we don't have any kind of collateral like we do on a centralized exchange. That Liquidity on the exchange, that is, liquidity is the ability

[11:51] to trade on this exchange, is provided by users and thereby forms a pool. Let's say I have a million dollars in USDT, let's say you have a million dollars in Ethereum. We can, accordingly, exchange it and

[12:04] give other people the opportunity to exchange from USDT to Ethereum or from Ethereum to UST or any other cryptocurrency. That is, poolol is a place said, in any decentralized finance there is a commission for almost everything.

[12:20] We will earn this commission for providing our funds as an opportunity for people to trade in certain trading pairs. We are switching to Uniswap and Pancake Swop. These are two different platforms, some of the

[12:34] most popular for use in pools. You can also cryptocurrency for another, buy some cryptocurrency directly from them, or explore button and see what we have here. Well, in our research

[12:47] here, accordingly, all sorts of theoretical information is available, such as how much money is currently in the protocols, who is participating in them , what the prices of the tokens are, and everything that take place in the blockchain, but we are not interested in that. We are interested in the

[13:00] pool section. This is what I was telling you about. We see that the telling you about. We see that the pool's yield on the EUM USDT pair is currently 59% per annum. That is, roughly speaking, by investing our USDT and Ethereum in

[13:16] various proportions, depending on the strategy, you and I can earn up to the strategy, you and I can earn up to 59% per annum. This rate is floating. It depends on how many people are currently in the pool, how big the

[13:28] pool is, and how big your share of the pool is . The more money you invest, the see how it all works. But we see that in different months, on different days, the commission income varies. As I said, it depends on the number of

[13:43] exchanges and their volumes. The greater the volume and number of exchanges, the more provide liquidity earn. And here, by clicking the "Add Liquidity" button, we our wallet. To connect the wallet, I click the Reab Wallet button.

[13:58] Ses it will all be loaded. I click the "Connect" button. And that's it, our wallet is now connected to Unisp. All official links are in the description of this video. Also, some pools, some sites, and some wallets

[14:10] only work using funds that help us access prohibited but you all get the idea. So, next we choose the pair in which . [music] We have it set to Ethereum by default.

[14:23] We select the commission level we will receive from exchanges and click the Continue button. Next, we will indicate the range within which we are willing to allow people to exchange our cryptocurrency with you. The narrower the

[14:36] range, the more commission we will earn. That is, let's say, range that I indicated, you and I earn a commission. There are different strategies. For example, you can set the entire range, but then you will

[14:49] invest a lot of money in this pool. And my friends who are professional DeFI traders create narrow ranges and constantly change them. That is, as soon as an asset leaves one range, they make this range

[15:03] narrow and move this range back and forth in order to receive more commissions. And you also need to constantly monitor the flow of one cryptocurrency exchange that occurs here. It’s not like you invested, say, 1,000

[15:15] Ethereums in 1,000 USD and sit back and relax, waiting. No, when the price drops, the USDT you invested is used to buy Ethereum. When the price rises, the price of your Ethereum that you bought

[15:29] rises accordingly. The exchange will automatically sell the Ethereum you purchased. That is, one cryptocurrency into another. You need to keep an eye on this. And this is what your strategy will be based on, which we will also discuss in the following

[15:43] videos and tell you about the strategies for making money on pools. Just below there is that you yourself indicate for the ranges [music] that you have chosen, and at the bottom you simply indicate the amounts that you are willing

[15:56] Ethereum, and accordingly, you want to [music] transfer them to UZT. Invest more USD, you want these USTs to constantly buy Ethereum, and you will earn on this growth. And here lies precisely the nuance why

[16:10] we need landing markets. Lending Market allows us to preserve our cryptocurrency and not miss out on its powerful growth. That is, let's say, my funds, let's say, my Ethereum and my USDT, I can miss the

[16:25] , flies away by 6,000 dollars [music] or 10,000 dollars, because all of it in the pool will be sold. That is, there will be a moment when, closer to the upper limit of the pool, all my Ethereum will be sold off and I will have a bunch of

[16:38] USDT to buy back this Ethereum in the event of a fall. But it might not fall, it might fly higher, and you end up without this profit, which would come from growth. But if you put Ethereum as collateral and took USDT, and used it to

[16:52] buy back Ethereum, it turns out that you are trading someone else's Ethereum. It doesn't matter to you. The main thing for you is to return the USDT that you took from the lending market. This is the funniest and most nuanced thing. Defй. You are trading with funds that are not yours. At the same time, your

[17:06] cryptocurrency remains yours, and you don’t risk missing out on the growth that can point that we will discuss is the Pdexes. I apologize in advance for the length of this

[17:18] video. I kept wanting to record it there for 10 minutes, but it's just That is, somewhere you won’t say something. It might be profitable for some people, but I you find it interesting. In Vrpdexah, as I already said, people trade futures through

[17:33] decentralized finance. That is, there is no exchange here. Again, people exchange with each other, but trade is now done with shoulders. We will not buy or sell anything here. Here at Hyperliquid, an

[17:46] exchange that only appeared this year, we can go to the WS [music] section and profit from traders' losses. You and I know that 90 or 95% of traders trade [music] at a loss. And when they trade at a loss,

[18:00] to earn on liquidations, on commissions [music] and on the losses of these traders. For some people, this may be fundamentally unattractive, but it offers the opportunity to earn very good money. Also, by the way, there is a point that I forgot

[18:13] to mention regarding AV. In addition to receiving income in Ether or UTC, we can also receive income in the coins of the project we stake. So , let's say we click here and see that the additional a is

[18:29] paid in RLD project coins. Well, that is, such and such a stable coin from some project. We receive income in TCH or ETH, as well as income in the project's coins. This is another plus. Пул изликувиID. Well, as for

[18:43] hyperliquid, I'll basically make a separate video about it in exactly the same way. It was only important for you to know that here you can, in this very way, and also practically risk-free, make money on the losses of those people who trade futures on the DEX

[18:56] . Guys, today we've covered the most important points in DeFi. I have n't told you everything, but now you understand how people in Defay make money and how it all happens. What platforms do people use to borrow

[19:09] cryptocurrency? What platforms do you use to make money and where tools I described, you can make various combinations. That is, let's say you borrowed Ethereum from somewhere, and

[19:26] use of compound interest, your capital constantly grows. At the same time, you do not trade futures, you do not buy coins on spot, which can lose value. You are essentially trading only stablecoins, which

[19:40] hope you all found it interesting. Be sure to subscribe to the channel. Here we will analyze, well, just each platform. This is also detailed, , be sure to give it a like, and write in the comments any questions

[19:54] you'd like to see next. Well, have you been to Denisov Trade's channel? Well, have you been to Denisov Trade's channel? I wish everyone profit. Bye everyone.