[WATCH] UnPacking DeFi with Eugene Mutai, a Kenyan Blockchain Developer and Crypto Trader

[embedded content] The concept of Decentralized Finance (DeFi) remains a relatively new space and as a result, not well understand even among veterans in the crypto space. In this video, Eugene Mutai, a reknowned blockchain developer and cryptocurrency trader in Kenya, breaks down the various components of DeFi by comparing traditional lending and borrowing models with the current blockchain protocol models. ___________________________________________________________________ SEE ALSO: Eugene Mutai Simplifies the Blockchain at the ‘Blockchain Beyond Cryptocurrency’ NextGenTech Event ___________________________________________________________________ Using a visually-appealing whiteboard, Eugene explains the concept of borrowing and lending in DeFi in an easy-to-understand way. In this video, you will learn: What is Decentralized Finance (DeFi)? – Savings, Lending, Borrowing, and Trading in DeFi How borrowing and lending works in traditional banking An introduction into DAI How borrowing and lending works on the Ethereum blockchain via Compound ___________________________________________________________________ RECOMMENDED READING: [WATCH] Defining DeFi: Breaking Down DeFi and Yield Farming with the CEO of SaBi African Crypto Exchange ___________________________________________________________________ A Lesson on DeFi with Lucky Uwakwe, CEO, Sabi Exchange: [embedded content] ___________________________________________________________________ Start trading bitcoin today from as low as $10. Open a Paxful Bitcoin Trading Account to get started! ___________________________________________________________________

[WATCH] UnPacking DeFi with Eugene Mutai, a Kenyan Blockchain Developer and Crypto Trader

The concept of Decentralized Finance (DeFi) remains a relatively new space and as a result, not well understand even among veterans in the crypto space.

In this video, Eugene Mutai, a reknowned blockchain developer and cryptocurrency trader in Kenya, breaks down the various components of DeFi by comparing traditional lending and borrowing models with the current blockchain protocol models.

___________________________________________________________________

SEE ALSO: Eugene Mutai Simplifies the Blockchain at the ‘Blockchain Beyond Cryptocurrency’ NextGenTech Event

___________________________________________________________________

Using a visually-appealing whiteboard, Eugene explains the concept of borrowing and lending in DeFi in an easy-to-understand way.

In this video, you will learn:

  • What is Decentralized Finance (DeFi)? – Savings, Lending, Borrowing, and Trading in DeFi
  • How borrowing and lending works in traditional banking
  • An introduction into DAI
  • How borrowing and lending works on the Ethereum blockchain via Compound

___________________________________________________________________

RECOMMENDED READING: [WATCH] Defining DeFi: Breaking Down DeFi and Yield Farming with the CEO of SaBi African Crypto Exchange

___________________________________________________________________

A Lesson on DeFi with Lucky Uwakwe, CEO, Sabi Exchange:

___________________________________________________________________

Start trading bitcoin today from as low as $10.

Open a Paxful Bitcoin Trading Account to get started!

___________________________________________________________________