Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street

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What would a world without banks look like? The answer may lie in decentralized finance.

Decentralized finance is an emerging ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as ethereum and solana. The transactions get executed automatically through smart contracts on the blockchain, which includes the agreement of the deal.

“Anyone can actually build businesses on top of these protocols and using them the same way as we can today build an internet business on top of the HTTP IP protocol,” said Stani Kulechov, founder of a DeFi protocol called Aave.

Decentralized finance has captured only 5% of the crypto space, according to CoinGecko, but it has seen massive growth recently. There was $93 billion worth of DeFi assets in the crypto market as of June 2021, up from $4 billion just three years ago. To be sure, DeFi’s growth has slowed since the summer of 2020, and regulatory scrutiny from Capitol Hill has spiked over fears of crypto’s checkered past.

1:17- Chapter 1: The ABCs of DeFI
3:16- Chapter 2: The DeFi boom
5:45- Chapter 3: Why people are excited about DeFi
7:31- Chapter 4: What’s next?

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Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street

Comments

Nicole Schene says:

I feel there are more to this market than we know. Ask for a proper guidance before !nvesting in this pretty much complicated market. I've made over 38 b tc from an allocation of 15 b tc over the last 8 months using Kelly Clinton help. Things might get worse so just make the smarter move

Adam McLeod says:

Ripples XRP hits the mark, erhereum slow and dirty

The Honest Info Guy says:

I hope to see someone watching this video years from now, seeing projects like Cardano, SafeMoon, Tezos, Uniswap, and many others providing access to the world financially for everyone to grow. This is what the big man doesn’t want us to have, financial success. Good luck to everyone, and always do your own due diligence. By 2030 cryptocurrency will be 10 trillion plus dollar market. Cheers to everyone working hard today, to invest for tomorrow, to be successful for our own lives, and our own generations to prosper 💯

Gina Edward says:

<I respect your work mate, because you are pointing people in the right direction, this is the FOMO September for the incoming dip in october. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Expert Isaac Steward for his amazing skills for help me to earn 7 BTC through trading chart. I believe we are in the spring phase…

Matthew Kay says:

Glad to be holding $Kava

Dario Milkovic says:

eth is gonna change the world!

Galaxy Sector says:

EVERGRANDE SEPT 22 CHINA CAUSES WORLD FINANCIAL CRASH – https://www.youtube.com/watch?v=s–KsUnNrV8

SnK Views says:

I met Stani K. when he first started Ethland (Aave) in Finland. 🙂

SolarPowerMyRV says:

How good does it work when the power goes out

Matheus Rodrigues says:

The market is very unstable, it is not possible to know how it will be in the future, the important thing is to position yourself well and have risk management, studying before starting to invest in a project is essential. So far I'm studying the nft game market and one that caught my attention was blockmonsters, which is in its early stages and has great potential for the future.

Jamil dobleh says:

HELLO SIR🙏, I HAVE BEEN WATCHING SO MANY VIDOES ABOUT CRYPTO AND FOREX TRADE INVESTMENT BUT YET I’M STILL MAKING LOSSES TRADING ON MY OWN, PLEASE CAN YOU ME A GOOD STRATEGY OR AT LEAST ADVICE ON HOW TO MAKE GOOD PROFIT THROUGH INVESTING 🙏?

Runte says:

Right now Binance official exchanger have a bug

it exchanges BTC to ETH almost x10 rate fully automatic

I posted a video

Joshu Hinojosa says:

The gaping composer exceptionally murder because bowling logically smile as a silent knowledge. aboard, vast congo

The Adventures of Drew and Amanda says:

On my channel we talk about dogs! 🐶

B says:

I'm just here to read the crypto comment scam bot comments, and phony recommendations for fictitious crypto traders(scammers).

Elias Silva says:

interesting and technological. It will be our future!

Diogo Gomes says:

Hello, could you comment more about nft games? I invested in a couple of them and the one that called my attention was Block Monsters, it remainds so much of pokemon gameboy, it surely will be a hype! Could you comment on the currency and whitepaper?

SiNestro 1 says:

Invest in ROY (Royal Protocol)!!!

Supercriptomonedas says:

Buy Block Monsters mejor juego nft

Robert Eiken says:

BTC truly is a class of its own, it has no competitors. All the other alts are competing with each other, they are more centralized, and the majority of them are not completed projects. I can't believe it when i hear people selling their btc for alt lol, that why I trade with the best analysts Leon Tyron.

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