Understanding DeFi: A Comprehensive Beginner's Guide to Decentralized Finance

🤖 *GoBabyTrade ► https://bit.ly/GoBaby-x1* ⭐⭐ AI-Driven Trading Bot + DCA Tool! ✔️ Profits while you sleep! 24/7 crypto trading! ✔️ Simply connect your Coinbase and go “default”! ⚡💰 Exclusive limited-time offer: *Get $1,000 off!!* … *Start now!: ⭐ https://bit.ly/GoBaby-x1* ➜ 🚀 … Weekly Webinar!: ⭐ https://bit.ly/GoBabyEvent-x5 💳 *Tangem Card ► https://bit.ly/Tangem-x1* ⭕ *Tangem Ring ► https://bit.ly/Tangem-x10* ⭐⭐ Easiest hardware wallet, portable style!! ✔️ Simply tap to your phone and you’re in! ✔️ Low cost, must-have! Access all crypto! ⚡💰 *Get 10% off!!* Promo Code: CRYPTOCASEY … *Order now!: ⭐ https://bit.ly/Tangem-x1* ➜ ▬▬▬ “DEFI ON ETHEREUM EXPLAINED!” 🚀 ULTIMATE GUIDE! 💥 Hello, fam! Crypto Casey, here 👋 and I'm on a mission to improve people’s lives through #crypto education. In this important video we explore what #defi (decentralized finance) means in crypto and how it works specifically on the ethereum network. Let’s jump in... ▬▬▬ GET YOUR ESSENTIALS TODAY!! 💥💥🌏 ⭐👽 *Uphold⁺ ► https://bit.ly/Uphold-x1* Game-changing web3 financial platform! Rivals banks! ⚡💰 *Up to 4.65%* on USD balances! (FDIC Insured!) ✔️ #1 All-In-One: buy, sell, trade, store, manage! 💳 *Tangem Card ► https://bit.ly/Tangem-x1* ⭕ *Tangem Ring ► https://bit.ly/Tangem-x10* Easiest hardware wallets! Fully portable! ⚡💰 *Get 10% off!!* Promo Code: CRYPTOCASEY ✔️ Simply tap and you're in! Sleek, stylish! ⚡🔐 *Ledger Wallets ► https://bit.ly/Ledger-x30* NEW!! Ledger Stax & Flex On Sale NOW!! ⚡💰 Special Offer: *$10 in FREE BTC!!* ✔️ Highest security, secure touch screen! ⛰️ *NordVPN ► https://bit.ly/NordVPN-x1* Add an extra layer of security: browse safely & securely! ⚡💰 Get *4 months FREE!* (2 yr plan)!! ✔️ Extreme speed! Geo-access streaming platforms! ▬▬▬ SET UP YOUR TRADING BOT TODAY!! 💥💥🚀 🤖 *GoBabyTrade ► https://bit.ly/GoBaby-x1* Automated AI-Driven Trading Bot + DCA Tool! ⚡💰 Exclusive limited-time offer: *Get $1,000 off!!* ✔️ Profits while you sleep! 24/7 crypto trading! BUY NOW! ► https://bit.ly/GoBaby-x1 FULL REVIEW! ► https://youtu.be/TkgH_Dfxi6Q *WEEKLY WEBINAR!* ► https://bit.ly/GoBabyEvent-x5 CONNECT BOT TO YOUR TRADING ACCOUNT! ⭐ 🧿 Coinbase ► https://bit.ly/Coinbase-x7 ⭐ 🐙 Kraken Pro ► https://bit.ly/Kraken-x5 ▬▬▬ CHAPTERS 💬 00:00 - What is DeFi? 01:05 - New Global Financial System 01:50 - DeFi's Blockchain Foundation 03:20 - Layers of DeFi Ecosystem 04:20 - Bitcoin vs Ethereum 05:15 - DeFi's Financial Stack 05:35 - Component 1: Stablecoins 06:55 - Component 2: Exchanges 08:05 - Component 3: Money Markets 10:36 - Component 4: Synthetics 12:20 - Component 5: Insurance 13:12 - DeFi's Architecture: Money Legos 14:55 - Different DeFi Projects 17:15 - How to Access DeFi Protocols 18:24 - How Crypto Wallets Work 18:30 - How Bitcoin Works ▬▬▬ WATCH NEXT!! 📺💥 ▶ “Crypto Wallets Explained!” ▷ https://youtu.be/wWnUvCNeYEo ▶ “New Rival To Banks?” ▷ https://youtu.be/-CZzWQC9oSk ▶ “AI-Driven Trading Bot!” ▷ https://youtu.be/TkgH_Dfxi6Q ▬▬▬ FOLLOW MY ONLY OFFICIAL CHANNELS! 📢 🔥 Linktree (Deals) ► https://linktr.ee/crypto.casey ⭐ TikTok ► https://www.tiktok.com/@cryptocasey/ ⭐ Twitter ► https://twitter.com/cryptocasey/ ⭐ Instagram ► https://www.instagram.com/cryptocasey/ ⭐ Rumble ► https://rumble.com/c/CryptoCaseyEnglish ⭐ Podcast ► https://cryptocasey.buzzsprout.com/ ⭐ Facebook ► https://www.facebook.com/cryptocasey/ ⭐ Newsletter Sign-up ► https://CryptoCasey.com/ 💥💥📞 Minnect (NEW!) ► https://bit.ly/CaseyAMA ▬▬▬ TAGS: #cryptocurrency #bitcoin #web3 #defiwallet #defiexplained #defiapps #crypto101 #ethereumdefi #defiprotocols #defiplatforms #cryptoeducation #cryptoinvesting #cryptoadoption #decentralizedfinance #defitutorial #bitcointutorial #altcoins #investing #cryptocasey TOPICS: what is defi, how does defi work, best defi projects, defi vs traditional finance, how to use decentralized finance, best defi platforms 2024, defi explained for beginners, is defi better than banks, how to invest in defi, best stablecoins for defi, what are decentralized exchanges, how to use a defi wallet, best defi lending platforms, is defi safe, how to earn passive income with defi, what is yield farming, how to use uniswap, how to access defi protocols, best vpn for crypto, defi future predictions NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel! DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. ▬▬▬ ❤️ Be safe out there. —Crypto Casey