2 ms·
All this stuff sounds pretty interesting. Any beginner-friendly pointers on any of them? Especially the last one (how to get started, minimum amount of money fo
by throwamon 6y ago
All this stuff sounds pretty interesting. Any beginner-friendly pointers on any of them? Especially the last one (how to get started, minimum amount of money for it to be worth doing, etc.).
- phist_mcgee 6y agoHere are some great resources: https://decrypt.co/resources/defi-ultimate-beginners-guide-decentralized-finance https://decrypt.co/resources/defi-ultimate-beginners-guide-d... https://www.voice.com/post/@osaemezu/aave-lend-a-beginners-guide-on-how-to-use-the-defi-lending-protocol-1605113297-1 https://www.voice.com/post/@osaemezu/aave-lend-a-beginners-g... https://blog.coinbase.com/a-beginners-guide-to-decentralized-finance-defi-574c68ff43c4 https://blog.coinbase.com/a-beginners-guide-to-decentralized... As for the actual yield on loans, there is no lower limit beyond the fact that there are fees to lend and return your coins to and from these lending contracts. Those fees are currently quite high, so it is in your best interest to plot those out when calcuating returns. https://bitinfocharts.com/comparison/ethereum-transactionfees.html https://bitinfocharts.com/comparison/ethereum-transactionfee... https://ethgasstation.info/ https://ethgasstation.info/