Xiaobai Notes: Entering DeFi from 0 to 1

BTC0.0₂₀

ETH0.0₂₀

HTX0.0₂₀

SOL0.0₂₀

BNB0.0₂₀

BTC0.0₂₀

ETH0.0₂₀

HTX0.0₂₀

SOL0.0₂₀

BNB0.0₂₀

Xiaobai Notes: Entering DeFi from 0 to 1

Cobo Labs

2021-11-30 10:57

本文约12982字，阅读全文需要约52分钟

The introductory content is divided into two parts, one part is the basic content and in-depth analysis of blockchain thinking, and the other part is the cognition and landing content around the theme of DeFi.

DeFi: short for Decentralized Finance.

The term DeFi has been frequently used this year, and the institutional bull market in 2020-2021 is being driven by DeFi.

Its growth rate is 275 million in 2019, and 1.2 billion in February 2020. Since 2021, DeFi has become an industry of nearly 200 billion US dollars in just over 3 years. Facing such a large market and many emerging concepts, the following I will share my own learning tools, sources of information and part of my experience.

DeFi is a concept only in 2019, but the essence of its core thinking is the core thinking of Bitcoin.

Why do we have to trace the source to learn the core logic and thinking of BTC and blockchain, which will help us understand all subsequent derivatives. In fact, the underlying architectural thinking is like soil. NFT and metaverse are all based on this The upper crop grows in layers.

So I divide the introductory content into two parts, one part is the basic content and in-depth analysis of blockchain thinking, and the other part is the cognition and landing content around the theme of DeFi.

Feimo's small catalog:

1. Getting Started with Novice Thinking

2. Extension of blockchain technology

3. Editor's recommendation: Analysis of basic technical terms

4. How to own digital currency and trade

5. How to store, wallet

6. Information, nothing is more important than information, grow up🔑

---Subject dividing line---

1. Definition and value of DeFi

2.DeFi VS CeFi

3. His inner ecological map

4. Analysis of key projects

5. Risks and countermeasures

6. Find my position in DeFi, my investment statement (welcome to exchange)

7. How to make money following experts

8. Share the DeFi story of Shenyu

9. How DeFi, NFT and GameFi structure and guide the WEB3.0 era

10. You may want to chat more, there are several ways to make money

Please note: The documents here only represent my personal opinions, and do not constitute investment advice. They only recommend top products for my own use or approval. After all, it is not an encyclopedia. Other friends, please understand.

White Paper - English: https://bitcoin.org/bitcoin.pdf
White Paper - Medium: https://bitcoin.org/files/bitcoin-paper/bitcoin_zh_cn.pdf
Bitcoin Getting Started Guide: https://bitcoin.org/zh_CN/getting-started
The characteristics of BTC (story analogy): http://blog.codinglabs.org/articles/bitcoin-mechanism-make-easy.html
The characteristics of blockchain technology (know the article): https://zhuanlan.zhihu.com/p/38210272
Technical community output - Master Bitcoin: https://github.com/tianmingyun/MasterBitcoin2CN
The easy-to-read version of the above 👆 [Push]: https://wizardforcel.gitbooks.io/masterbitcoin2cn/content/

Understand the consensus algorithm and understand the logic mystery of the bottom layer of the blockchain - after reading it, you can easily get the evolutionary necessity of Ethereum 2.0 POS to POW

Read 11 mainstream consensus algorithms in one article, and thoroughly understand PoS, PoW, dPoW, PBFT, dBFT 👇

https://www.tuoniaox.com/news/p-287193.html

Terminology collection-whether you are studying blockchain, or learning Node.js front-end and back-end development technology, this book is worth referring to

https://bitcoin-on-nodejs.ebookchain.org/1-%E4%BA%86%E8%A7%A3%E5%8C%BA%E5%9D%97%E9%93%BE/readme.html

The ecology and sectors in the currency circle rotate very fast. Everyone always says that the learning threshold is high. In fact, the project content is mixed with a lot of technical jargon and new definitions. The following content is what we need to understand after the birth of the blockchain later development.

Ethereum White Paper - Simplified Chinese

https://github.com/ethereum/wiki/wiki/%5BSimplified-Chinese%5D-Ethereum-TOC

Huobi Marketing Department (the introductory animation produced by my old company, each episode is short and sharp, but very easy to understand, the former colleague of the editor teacher is also a senior OG in the currency circle, everyone can rest assured to chew)

👇 The link is NetEase’s public class, but I see that there are only 71 episodes

https://open.163.com/newview/movie/free?pid=MD806VN3U&mid=MD80773C3

👇 The sound version of YouTube (requires a ladder): https://www.youtube.com/watch?v=ceSYSyuB6YM&list=PLOQ32Wtyjl9g6ToVz6jmDddHNZqFAu_2e

Cryptographic Glossary: https://coinmarketcap.com/alexandria/glossary

Reminder: It has been a while since the 100 questions about blockchain have been edited, and there will be content about the section in the future, which will be mentioned in the content of the focused section below:

If you are a Chinese user, I'm sorry, the exchange is currently affected by the policy and can no longer provide you with services, but if you have a Chinese overseas identity, have an overseas company or a bvi company, you can use the following "centralized exchange" Quickly buy Bitcoin and other digital currencies.

Coinbase

Official website: https://www.coinbase.com/

Learning platform: https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin

On April 13, 2021, Coinbase was listed on the Nasdaq Exchange, becoming the first company in the cryptocurrency industry to be listed in the United States. It is a better learning path for the exchange, and I will share the anecdotes and internal rules of the exchange in the future. If you like this topic, you can contact me with +1;

It is highly recommended that everyone pay attention to Coinbase's financial report, and those who are interested can also find arbitrage opportunities and wealth codes.

Here is the 21st quarter financial report of Coinbase for everyone to chew on: https://s27.q4cdn.com/397450999/files/doc_financials/2021/q3/Coinbase-Q321-Shareholder-Letter.pdf
How to read: There are courses and articles that teach you how to read financial reports when you get the app and online. You can buy and learn according to your financial ability.

My suggestion: It’s a wonderful thing to be able to exchange money for time, let’s go to consumption knowledge and investment awareness! The cognitive essence of the experts who have worked hard for more than ten years is condensed in the courses and works. Compared with your expenditure, well, it is worth it!

How to analyze: In fact, in the finance and economics sector, the exporters are already quite involved. If you search for financial report analysis, you will have a lot of new perspectives. Here you can compare with some American analysts. Of course, you have to compare and read.

When choosing a wallet, security is the first priority. Here are the differences. For centralized products, you use account protection measures to manage your assets. Decentralization, you must remember not to forget the mnemonic phrase!

Of course, each wallet has its own ability to attract users. For example, some wallets can become asset management platforms, allowing institutions and individuals to add value to assets in a compliant manner, becoming a gateway for larger funds, and some wallets can become the entrance to the future world. Light but indispensable.

Centralized wallet:

Cobo wallet - the leader of the asset management industry

👆 My owner is the only centralized wallet I am using. It is safe and convenient, mainly due to its strong technology and security guarantees;

In fact, in a centralized world or a decentralized world, what I believe most is the background of human nature and determination to determine the pattern and long-term attitude towards doing things. The two founders have "abnormally" free wealth, clean net worth, and altruism The seriousness of the plot, combined with the traditional investment, makes people feel that if the centralized trust is better combined with the decentralized thinking, this is the dividend brought to us by the blockchain;

It is necessary to talk about my point of view here. This world follows the principle that existence is reasonable. Decentralization will develop at a faster rate because it conforms to the inevitable law of the development of the times, but it will not make centralization disappear. Centralization and decentralization are There are two sides of a coin. I personally have a part of the demand, which is very dependent on the characteristics of centralization. Therefore, it is more objective to understand the characteristics of both sides, not to mention the advantages and disadvantages.

Cobo is a technology platform that provides custody and asset management services to individuals holding coins and blockchain startups https://cobo.com/

Decentralized wallet:

Metamask, the wallet tool you must have if you want to go to farming!

Metamask 🦊 Because the logo is an orange young adult male fox, so everyone also calls him the little fox

Official website: https://metamask.io/

The use of centralized wallets does not conform to our Internet usage habits, so we still need to understand how to use it.

Video explanation on the use of decentralized wallet Metamask

Explanation video of YouTube: https://www.youtube.com/watch?v=4LQE6CV5Ec4

The narrator’s video is available on station b and YouTube: https://www.bilibili.com/video/BV1dv41177rq/

If you like to listen to girls' voices, emmm: https://www.youtube.com/watch?v=B8d_KwfzhdA

Hardware wallet:

Everyone who hoards more than 50 btc can get one~

Onekey: The founding team has aesthetics, industry OG, and will stick to it: https://onekey.so/

Keyst: The founder is very reliable. He is a former co-worker of cobo. The product is very popular among overseas coin hoarders: https://keyst.one/

The first part: public consultation, large-scale practice and project news, market changes, everyone still depends on the media push.

Because my career happens to be in the market and user growth, I would like to say a few more words. Don’t think that the Chinese area is currently weak. In fact, the Chinese area is slightly different because of the media’s living conditions and profit closed loop. Therefore, the information released by the Chinese media It is more effective; I personally think that overseas media announcements are more newsworthy. This feature causes individual starting points and angles of announcements to be different; and the news in the Chinese area will sometimes be related to the currency price.

Recently, there has also been an upsurge of domestic media going overseas. I don’t want to break the truth. These few companies can cover more than 70% of industry information.

ChainNews-Has ethics and judgment, high-quality editorial content: https://t.me/ChainNewsCN
Rhythm BlockBeats - full of innovation, the founder can track the hot spots of the sector: https://www.theblockbeats.com/
-Under 36kr, with an Internet perspective: https://www.odaily.news/
Deep Tide-Two young men from the founders, the content has no urine points, 👍: https://www.techflow520.com/
Jinse Finance - I prefer to read their newsletter, rich in gossip: https://www.jinse.com/

⚠️ If one day the above link cannot be opened, remember to go to Twitter, Telegram, Discord to find them~

The market analysis is very good, and the plate division is pretty good (there is also a Chinese area): https://cointelegraph.com/
There are many special articles that are very good, and I like his narrative style very much: https://decrypt.co/?
My niche recommendation 1 Loop: https://www.loop-news.com/
My niche recommendation 2 Hacknoon: technology house has predictive ability https://hackernoon.com/

👆 Built for technical people to read, write and publish. An open international community of more than 15,000 contributors publish stories and expertise to more than 3,000,000 curious and insightful readers each month.

TIE is a leading digital asset information service provider. There are many high-quality research reports: https://www.thetie.io/
Track giant whales: https://whale-alert.io/

The actions of big dealers often induce market fluctuations and become the inducer of bull and bear markets, and a market prediction tool that you should not miss.

CoinMarketCap ：https://coinmarketcap.com/

is the world's most cited crypto asset price tracker in the fast-growing cryptocurrency space. Acquired by Binance Founded in May 2013, it has rapidly grown to become the most trusted source for users, institutions and media to compare thousands of encrypted assets

Coin Tiger with cute logo: https://www.coingecko.com/zh

👆 CoinGecko was founded in 2014 to satisfy public inquiries about cryptocurrency data and help users provide actionable insights. Provide valuable insights to users through cryptocurrency reports as well as our publications, newsletters and more.

Look Into Bitcoin：https://www.lookintobitcoin.com/

👆Provides learning tools for people interested in Bitcoin. It enables anyone with any financial background to understand the market dynamics of Bitcoin and support their Bitcoin investment. Open source, free, insightful, and religious~

Token Terminal：https://www.tokenterminal.com/

👆 is a platform that aggregates financial data from leading blockchains and decentralized applications (Dapps). They introduce themselves, I like it very much, here is a quote for everyone:

We believe that blockchains and decentralized applications (blockchain-based applications) are conceptually similar to traditional market companies. They are internet-native businesses whose services generate revenue that is split between the project’s supply-side participants (liquidity providers or miners) and owners (token holders). These businesses are owned and operated by their token holders, similar to the way a company is owned and operated by its shareholders.

This is why we measure and evaluate blockchains and Dapps through financial key performance indicators (KPIs), and correct the misconception that cryptocurrencies are all money (where applicable). More and more blockchains and Dapps can be evaluated by measuring their usage and cash flow.

A nice asset management tool for Bitcoin, with gift cards and other calibers in series with the real world: https://www.bakkt.com/
Chainalysis is a blockchain data platform: https://www.chainalysis.com/

👆 Provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in more than 60 countries. Our data powers survey, compliance and market intelligence software;

Highlight: Decentralized finance, the DeFi sector is finally here

I believe you can see that it is not easy here. I know that you are more afraid of difficulties when you see the list below. As a novice, in fact, we have thoroughly understood any systematic arrangement below, and we will more than enough

I have listed books, articles and videos here, and I am often lazy, and I also use videos and meeting people instead of bulky books, so you can use the following tools in cross-use. Real money to practice!

When you start this journey with money, you will find that this is a game that inspires the brave~ let's go, friends!

"How to DeFi: Beginner's Edition" Chinese PDF: https://assets.coingecko.com/books/how-to-defi/How_to_DeFi_Chinese.pdf

When you read books like books, you must pay attention to the time of publication. You must always remember that encrypted digital currency is changing rapidly, so you need to pay great attention to the effectiveness of the text.

The best way to learn is to unite knowledge and action, enter the game with a bow, become a farmer, plow the fields, and use money to enjoy the charm of DeFi~

"How to DeFi: Advanced Edition": https://nigdaemon.gitbook.io/how-to-defi-advanced-zhogn-wen-b/

👆 It is a very systematic book, which systematically introduces various applications of DeFi; if you are new to DeFi, many contents may be difficult to understand. This book is equivalent to a guide, depicting a picture for us DeFi map, with this map, we still need to experience it ourselves in order to have a deeper understanding.

TokenPocket's DeFi tutorials and popular science knowledge https://www.yuque.com/tokenpocket/guzgq
The following is a list of content about DeFi compiled by TIE (English) https://research.thetie.io/the-defi-den/

Easy Learning Youtube Videos

I learned from YouTube, calling it drinking juice, which makes people happy and easy to absorb. Drinking juice is convenient, quick and easy to absorb;

Reading and analysis of books and materials is similar to eating fruit, which requires peeling and chewing, and may choke on too much fiber, but the body needs the crude fiber of fruit. In the long run, eating fruit is better for us!

In reality, you just need to be happy, and you can absorb it as well. The list below is what I think is the "organic fruit juice" on Youtube.

In my opinion, the number one fine speaker🥇, Finematics: https://www.youtube.com/c/Finematics
The Defiant - DeFi 101:https://www.youtube.com/watch?v=f4HMSiEZBTs&list=PLaDcID4s1KronHMKojfjwiHL0DdQEPDcq

A very high-quality lecturer with a handsome voice and a good voice, but sometimes I look at him and get distracted, so I lose the message, so women pay attention, I recommend the first-ranked video with pictures and texts, harm~you Just be happy.

Coinbureau:https://www.youtube.com/c/CoinBureau
Mr. Block:
Full platform contact information: https://linktr.ee/chainbreakerp
https://www.youtube.com/channel/UCN2hSM8fBcvZBa8OOKc24eg

Mr. Block has updated almost 400 episodes. Up is mainly Taiwanese, and he speaks English very ABC. Forgive me for my second favorite accent, especially his modal particles, such as "dry", "super dick", He will have personal value judgments in it. Some values, once the other party talks about them, you will know that they are old leeks. Only with in-depth investment can you understand.

But everyone looks at it objectively, because investment is your own business;

Here is a recommendation. I like to listen to the mid-year review blog he made, because there will be a sense of historical retrospective.

Chinese blogger narrator: https://www.youtube.com/user/mcpunkpunkcm

Due to my own voice control, it would be better if the narrator's voice is deeper. His Twitter comment is a bit funny: "Mainly complain, rarely talk about coins, if you pay attention, you may lose money" is quite true. So when you read it, you have to watch it dialectically.

Thinking link: When you look at a blogger, you must have a pre-judgment, that is, what is the relationship between this person and my interests?

Bloggers also want to make money. One kind is that they don’t necessarily understand, but they use Party A’s information to package and disseminate. This is relatively evil and not very responsible; a really good blogger has the ability to analyze and obtain first-hand high-quality information The ability to make and receive information, as well as the determination to make independent judgments and dare to place bets.

This kind of willingness to study and understand by yourself, after the investment, the publicity is actually OK. Don’t let other people ask you to take over the project when they say that the project is good. Good projects don’t just leave after a wave. They have long-term value and sustainable motivation. Yes, so respect those who dare to share early projects and invest their own time and money, they are true innovation promoters.

You need to compare it with the centralized finance we are in contact with daily to understand. Of course, as I said, we innovate in the hope of comprehensive progress. The ultimate vision is: the integration of CeFi and DeFi; both sides are more in line with the demands of the times and market changes.

DeFi has less supervision and does not need kyc; CeFi has supervision and needs kyc;
DeFi is open source and free to collaborate; CeFi is not open source, and some operations may be carried out without disclosure;
DeFi is highly resistant to censorship; CeFi can be censored;
DeFi fees are cheaper; CeFi is expensive and has intermediary fees;
DeFi is built on the blockchain and has high efficiency; CeFi is built on the old financial system, with working hours and corruption;

DeFi classification and core ecological members

Tips: Please focus on the real project, but in this process, you need to understand the real cycle and law of the capital market. The rise of digital currency actually has its internal rotation. Before investing, personal investment must know that you are in this project In what macro cycle, and at what valuation are you buying.

According to the recorded project data displayed on https://defimarketcap.io/, DeFi now has nearly 2,700 projects. At the cognitive level, we only focus on top blue-chip projects. In the future, when you really start investing, you will It is found that you need to understand and judge each item, form your own way of classification and storage, and incorporate it into your cognitive system. So the following content will help you form a big picture, which is to understand the ecological structure of a track field, so that you can understand the relevance of different projects and the underlying innovation.

Produced by Odaily, a panoramic scan of the 30,000-character "2021" DeFi industry: https://zhuanlan.zhihu.com/p/342806068

It contains a classification map (this is actually not very comprehensive, because other main chains have begun to have difi content, but it is still highly recommended, which is basically based on Ethereum projects) can be divided into three categories and 19 subdivisions, a total of 140 projects:

1/Trading: DEX (application layer + protocol layer + transaction aggregator), derivatives trading, insurance, prediction market* (oracle machine), payment, other trading markets

2/Assets and their management: lending, synthetic assets, stablecoins (encrypted asset collateral + fiat currency collateral), cryptocurrency-anchored coins, NFT, asset management, aggregated wealth management

3/Infrastructure: oracle machine, wallet, data retrieval and display tools, gas fee related (query + cost reduction), governance, identity and KYC tools

In-depth analysis of DeFi six-layer architecture: https://multicoin.capital/zh/2020/11/24/the-defi-stack/

👆 Explained by Mr. Block above: https://www.youtube.com/watch?v=JTNKLqosn2k

Exploring the Opportunity for DeFi Interest Rate Markets：https://multicoin.capital/2021/10/06/exploring-the-opportunity-for-defi-interest-rate-markets/

Multicoin Capital is an investment institution. This year they also published a series of excellent articles👆, you can pay attention to their official website.

In fact, because many investment institutions know how to watch the track, their research reports are often very informative, but it is worth noting that when they share their investment logic, it may have been a while since he invested in this project, you know!

Cobo Early DeFi Project Research: https://docs.google.com/spreadsheets/d/1Ven7bfakqJPWQ5MICTITqs-EjsaJbTXhlEt17Fb6Y3c/edit?usp=sharing

Selfless dedication, which is unique to the outside world, some of our early collations, which contain the following collation information

Because the above content covers the links and content of many mainstream DeFi projects, I will not repeat them here.

I highly recommend that you make a learning list to record and adjust the items you are interested in.

What the media can't say, the wealth codes that are provocative and personal guidance and suggestions are hidden in the social community ~ this is your paradise for nuggets. Note: Following the wrong people or overly energetic bloggers can lead to burnout and money loss.

How to make money following experts 📈

Shenyu, the top leader in the DeFi industry, and the vane of DeFi; in order to prevent getting lost, it is recommended to pay attention to dual platforms

For Shenyu, how should I put it, in fact, I have a deep link with him because I entered his knowledge Odaily 🌍, and only joined Cobo, otherwise I might be doing my fund leisurely, but this OG is very Buddhist , I really don’t have time to manage the community. I often think that if I am not in cobo, it would be good to be a community manager of Shenyu.

His Odaily is highly recommended by "Defei Gengtian" (BTW, Defei is a homophonic stalk of DeFi, from Shenyu, emmm~), if you have the opportunity to see an open entrance, you will pay to enter, because for DeFi In this field, there are actually many places to find wealth codes, but it can provide long-term and stable risk warnings, and I am the first!

https://weibo.com/535021235?topnav=1&wvr=6&topsug=1
https://twitter.com/bitfish1

In fact, anyone who is familiar with DeFi knows that if you want to make money as a farmer, you have to sacrifice a lot of life points, because there are too many mining situations at night, so since Shenyu focused on DeFi in late 2018, he rarely appeared in Everyone is in sight, because the real situation is that nightlife has become 60% of the time for mining, and the time for sleeping is half an hour. To be honest, I personally do not recommend farming with my life. I hope Brother Yu will take care of his health and be sustainable! make money!

Who is Shenyu: https://cointelegraphcn.com/news/shenyu
The magic fish in the video: https://www.youtube.com/watch?v=_noysefjneo
His road to wealth: https://www.lieyuncj.com/p/7462
The 23-year-old's assets range from 0 to 100 million. This is also the video of Shenyu's outing: https://www.youtube.com/watch?v=WiGRA4qK5cA "I watched this video once before, and I watched it again when I edited it. I’m crying, people are so small in front of the trend.”

When we pay attention to a person, I am more willing to pay attention to his motivation and behavior habits. The gap between us and the boss is nothing more than two aspects, thinking mode and time management. I would like to bring you such a simple Crypto Native Mermaid story, because he is very sincere, willing to help and share, and values trust and faith.

Interview with Shenyu about DeFi: DeFi and traditional finance are the contradiction of the underlying value, a game between freedom and restriction. Cobo co-founder Shenyu shared his views on DeFi and traditional finance from the perspective of crypto natives.
http://www.xiaomiio.com/definft/5797.html

👆 In fact, there are not many in-depth reports on Shenyu. I used my trumpet (don’t complain about my stupid name, harm) to have a conversation with him: In the edited version after the 40-minute conversation, you will gain insight into Shenyu's money-making model and how he views future development and the DeFi ecology.

The following is the recent, DeFi innovation in September 2021, the summary of Lianwen’s activities: https://m.jiemian.com/article/6650331.html

To judge the pros and cons of an event, it depends on two aspects, whether the sharer is OG enough, and whether the sharer pays enough attention to the preparation of the event. This time the video is very exciting. I also share the video of Brother Yu (***), this Please also share with friends from FTX, it is worth reading.

Everyone knows that in the second half of 2020, the currency circle will suffer from lightning attacks on the chain, and hackers have been dealing with it. The most famous one is the theft of PolyNetwork. How to ensure the safety of DeFi funds?

I will draw the key points below. Fortunately, in this pen theft incident, the hacker finally returned all the assets. But it is worth noting that in practice, individual players still cannot face the hackers directly and eventually recover their funds.

This incident of hacker stealing coins is actually a reflection on the DeFi industry. Due to the huge amount involved, we are also thinking about investment methods in DeFi afterwards, especially mining. The investment is the principal, and we face uncertain security risks. .

First, 【Monitoring Alarm Reminder】

We have also combined our own practice for more than a year. Before investing large funds, we will also discuss the indicators of the project together, especially the risk of being attacked. Once suspicious operations occur, such as time locks and multi-signature changes, risk control monitoring Will be notified as soon as possible.

Second, [encryption machine speeds up the withdrawal of principal to ensure the safety of funds]

In terms of blockchain security, it has the ability of multi-person collaboration, and there is also an internal system to complete it. It is guaranteed by multi-person and multi-authority. For example, if an alarm signal is found, the principal may be lost, which will trigger our online encryption machine to automatically process. The encryption machine holds a low-privilege key, and the monitoring system finds something suspicious. The principal is withdrawn through the encryption machine, and it works 7*24 hours. Using special methods and risk control can run faster than hackers.

Third, 【Decision Committee】

There is a decision-making committee internally. After the project has completed the economic model audit, it will conduct external and internal security audits and make predictions on common problems. We will also communicate and warn project information in the media and private domain traffic, and will also remind people The project team has upgraded and improved relevant modules, and through some practices, it has also helped major DeFi mining users resist some attacks. Such continuous practice allows us to do better risk control in the DeFi field and ensure the security of the projects we participate in.

Personal diagnosis, I have been in the industry for 5 years, and my early experience in Huobi has given me a certain grasp of the primary and secondary markets and cycles, and I have accumulated a certain amount of macro-cognition of digital currency, but I am also a beginner in DeFi. When I entered the peasant camp last year, I also joined many communities and read Shenyu’s Weibo. But for people like me who still need to do business during the day and only have a little time to do things at night, I also calmly analyzed the margin of my ability, and the countermeasures are as follows

Funds are dispersed, and the experimental mentality is used to explore high-risk new mining projects;
Large funds are placed in institutions. At present, the risk pool of the DeFi fund managed by Shenyu itself has a return of 47.8% last month. I think it still outperforms many small-scale operators; making an exception to share that we are facing institutional DeFi funds, and there is Shenyu in it. The security structure and how it manages the rate of return in layers; https://d.cobo.com/public/defi_fund.pdf

The product is good in everything, but the threshold is high, and the threshold of 10 million US dollars for an institution is prohibitive. Fortunately, the next step will be to open, low-threshold layered DeFi asset management products; everyone can enter the encryption circle first, if you can learn to invest get positive feedback. Become a holder of long-termism. So

Actively learn the development of DeFi, invest in the primary or secondary market when the project valuation is low, and hold it for a long time because you understand it.
Web 3.0 Stack Modules Reconstruction and Investment Outlook: https://medium.com/iosg-ventures/web-3-0-stack-modules-reconstruction-and-investment-outlook-bd1e624c4bdb

👆 IOSG is a fund that I will personally follow. They have a very early layout of the original universe and DeFi, and they will also share a lot. The recent very popular projects have their early participation.

Directly share Shenyu with you, many channels, due to restrictions, I can no longer see this

Attachment: DeFi Toolbox for Scientists

CoinGecko DeFi: https://www.coingecko.com/zh/defi
DefiMarketCap：https://defimarketcap.io/

More mainstream data platform: Provide the total market value of the Defi ecosystem and the market value, unit price, supply, and rise and fall of each project.

DeFi Pulse： https://defipulse.com/

Through the "total value locked (total value locked)" data chart, users can see the net inflow and outflow of funds, all time highs and time lows, as well as new dynamics (one year, 90 days, 30 days development trend);

On the side of the chart, users can find the amount of US dollars locked in DeFi, the maximum amount of internal turnover funds locked in core projects, and an index that tracks the dynamics of DeFi assets in the market;

Flipping down the page, users can find a ranking based on all agreements and locked value. Information is displayed by type for convenient statistical analysis: loans, DEX, derivatives, sales and property agreements.

DeFiRate: DeFi interest rate calculator https://defirate.com/

DeBank: DeFi asset management: https://debank.com/

Zapper: DeFi Portfolio Tracker https://zapper.fi/

DeFiSaver: Admin Panel https://defisaver.com/

ZERION: wallet address tracking tool https://zerion.io/

MyDeFi：https://mydefi.org/apps

Automatically detect the balance of the Ethereum address you entered and the activities in mainstream DeFi projects

Dune Analytics：https://www.duneanalytics.com/

DeFiprime.com：https://defiprime.com/

DEFI.AI: https://defi.ai/

congratulations on being here

Get on the fast track to DeFi!

Please sit tight and hold on, the car to the moon has started.

Remember: you will never earn money beyond what you know. What is more important than the above knowledge is how to use the experience after actual operation, the method of eliminating pitfalls and the ability to adapt. I highly recommend everyone to communicate with participants more .

The truth is getting clearer and clearer!

Contact information

Telegram：+86 18010096302
Wechat：mengzi0320
Email：yuxiaomeng@cobo.com

Please include self-introduction and explain why you are here when you contact me, thank you.

Thanks to everyone who watches and thinks, it is your learning and participation that is promoting the construction of the encrypted world!

I would like to thank Mr. Robin who helped me transfer the PDF content after I edited the first version, our UI designer Brother Ji who helped me make the cover, and the brand flower wheel and market leg sister who gave suggestions for improvement. After Mr. Shenyu finished reading it, we agreed to make an in-depth update after March 2021.

Next, I will also make learning materials for GameFi and NFT. Including I will also chat with you, some of my thinking and practical feedback during the process of working with cobo and Shenyu.
Add me and pay attention to follow-up updates.

---

Information: messari, bankless

twitter：defi_dad

Wallet: rabby + imtoken (metamask is not safe enough, rabby is a fork of metamask by the domestic team, and additionally supports walletconnect connection, so as to ensure that the private key is on the mobile phone. The reason for not using walletconnect directly is that it is not stable enough and the connection is often broken.

DeFi

Cobo Labs

作者文库