yt:channel:UCh1ob28ceGdqohUnR7vBACA UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2017-08-01T19:47:56+00:00 yt:video:l0vRTi8_FRk l0vRTi8_FRk UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-11-05T20:07:03+00:00 2021-11-07T14:08:40+00:00 DEFI 2.0 - A New Narrative? OlympusDAO, Tokemak Explained So what is DeFi 2.0 all about? Is this just a new, temporary narrative or a paradigm shift? What are some of the most interesting DeFi 2.0 protocols? And what does this all mean for the already existing DeFi projects? You’ll find answers to these questions in this video. The crypto space loves new narratives. DeFi Summer, Layer 1 Summer or “jpeg” Mania to name a few. It seems like “DeFi 2.0” is the new kid on the block and has recently been gaining more and more traction. Although the ideas behind DeFi 2.0 are still crystallising, in general, the concept refers to a new breed of DeFi protocols that try to solve some of the main pain points of the already existing projects by experimenting with the protocol design and tokenomics. The experimentation centres around the innovation in the liquidity mining design and is very often associated with protocols owning their own liquidity instead of temporarily renting it out via liquidity mining incentives. Now, let’s unpack what it all means. -----Timestamps----- 00:00 - Intro 00:30 - DeFi 2.0 Narrative 01:13 - Liquidity Mining 04:11 - OlympusDAO 07:03 - Tokemak 08:10 - Summary 🎦 Yield Farming (Liquidity Mining) Explained ► https://youtu.be/ClnnLI1SClA 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/defi-2-0-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:WOxYlBTRncY WOxYlBTRncY UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-09-08T11:52:38+00:00 2021-09-12T18:46:04+00:00 NFT Mania - Hype Or A New Paradigm? CryptoPunks, BAYC, Generative Art, Loot Explained NFTs are clearly one of the hottest topics in crypto at the moment. CryptoPunks, Autoglyphs, Bored Apes, Pudgy Penguins - some of them selling for hundreds of thousands or even millions of dollars. So are NFTs just a hype or a paradigm change? What are some of the most interesting NFTs out there? And what are the biggest challenges of this new space? You’ll find answers to these questions in this video. Let’s start with a quick recap of what NFTs are in the first place. An NFT or a Non-Fungible Token is a way of representing ownership in the digital world. Since the dawn of our civilization, humans have been collecting rare items. From seashells and gems to coins, post stamps and Pokemon cards. NFTs are just digital versions of that. Collectibles, pieces of art, game items, domain names and even complex bespoke financial instruments - all of these can be represented as NFTs. In contrast to cryptocurrencies like Bitcoin or Ether where each unit is interchangeable, NFTs are unique - at least in most cases. The creator of an NFT project can decide on the exact parameters of their NFTs. Some of the common examples are: -only 1 NFT per unique piece of art - artists that create individual pieces like Beeple follow this approach, -a collection where each item has a unique combination of different traits - CryptoPunks, Bored Apes -a collection where there is a set number of the same item in the collection - usually used for card collectibles like My Curio Cards. -----Timestamps----- 00:00 - Intro 00:37 - What are NFTs? 02:40 - CryptoPunks 04:42 - The PFP Mania 07:31 - Generative Art 09:47 - Other NFTs 11:34 - Challenges 14:21 - Summary (Loot) 🎦 NFTs - Technical Explanation ► https://youtu.be/Xdkkux6OxfM 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/nft-mania-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:7pWxCklcNsU 7pWxCklcNsU UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-08-02T15:38:06+00:00 2021-09-15T07:11:20+00:00 ROLLUPS - The Ultimate Ethereum Scaling Strategy? Arbitrum & Optimism Explained So what are rollups all about? What’s the difference between optimistic and ZK rollups? How is Arbitrum different from Optimism? And why are rollups considered to be the holy grail when it comes to scaling Ethereum? You’ll find answers to these questions in this video. Ethereum scaling has been one of the most discussed topics in crypto. The scaling debate usually heats up during periods of high network activity such as the CryptoKitties craze in 2017, DeFi Summer of 2020 or the crypto bull market at the beginning of 2021. During these periods, the unparalleled demand for the Ethereum network resulted in extremely high gas fees making it expensive for everyday users to pay for their transactions. To tackle this problem, the search for the ultimate scaling solution has been one of the top priorities for multiple teams and the Ethereum community as a whole. In general, there are 3 main ways to scale Ethereum or in fact, most other blockchains: scaling the blockchain itself - layer 1 scaling; building on top of layer 1 - layer 2 scaling and building on the side of layer 1 - sidechains. When it comes to layer 1, Eth2 is the chosen solution for scaling the Ethereum blockchain. Eth2 refers to a set of interconnected changes such as the migration to Proof-of-Stake (PoS), merging the state of the Proof-of-Work (PoW) blockchain into the new PoS chain and sharding. Sharding, in particular, can dramatically increase the throughput of the Ethereum network, especially when combined with rollups. If you’d like to learn more about Eth2 you can check out this video here. When it comes to scaling outside of layer 1, multiple different scaling solutions have been tried with some mixed results. On the one hand, we have layer 2 solutions such as Channels that are fully secured by Ethereum but work well only for a specific set of applications. Sidechains, on the other hand, are usually EVM-compatible and can scale general-purpose applications. The main drawback - they are less secure than layer 2 solutions by not relying on the security of Ethereum and instead having their own consensus models. Most rollups aim at achieving the best of these 2 worlds by creating a general-purpose scaling solution while still fully relying on the security of Ethereum. This is the holy grail of scaling as it allows for deploying all of the existing smart contracts present on Ethereum to a rollup with little or no changes while not sacrificing security. No wonder rollups are probably the most anticipated scaling solution of them all. But what are rollups in the first place? 📖 Rollup-centric Ethereum Roadmap by Vitalik Buterin ► https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698 🎦 Eth2 video ► https://youtu.be/ctzGr58_jeI 🎦 Layer 2 Scaling video ► https://youtu.be/BgCgauWVTs0 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/rollups-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:HUokre-szPg HUokre-szPg UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-06-24T12:58:26+00:00 2021-09-22T21:27:24+00:00 BANK RUN in DEFI - Lessons Learned From The Iron Finance Collapse So what was the first large scale bank run in DeFi all about? Why is it so hard to create a working algorithmic stablecoin? And what can we learn from the IronFinance fiasco? You’ll find answers to these questions in this video. IronFinance initially launched on Binance Smart Chain in March 2021 and aimed at creating an ecosystem for a partially collateralized algorithmic stablecoin. As we know, building algorithmic stablecoins is hard. Most projects either completely fail or end up in a no man's land by struggling to maintain their peg to the US Dollar. Because of this, building an algorithmic stablecoin has become one of the holy grails in DeFi. Achieving it would clearly revolutionize the DeFi space as we know it today. The current ecosystem relies heavily on stablecoins that come with major trade-offs. They maintain their peg to the US Dollar at the cost of either centralization or capital inefficiency. For example, the custody of USDC or USDT is fully centralized. On the flip side, stablecoins like DAI or RAI require a lot of collateral which makes them capital inefficient. IronFinance tried to address these problems by creating a partially collateralized stablecoin - IRON. 💛 ► https://gitcoin.co/grants/1158/finematics-defi-education 📒 BSC video ► https://youtu.be/iJDoc0kvXLc 🔮 Polygon video ► https://youtu.be/IijtdpAtOt0 🌾 Yield Farming video ► https://youtu.be/ClnnLI1SClA 💸 Impermanent Loss video ► https://youtu.be/8XJ1MSTEuU0 🍠 Yam Finance video ► https://youtu.be/DXUhD8m_KMc 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/bank-run-in-defi-iron-finance-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:Cbtvc8Eso_g Cbtvc8Eso_g UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-06-04T16:54:47+00:00 2021-09-26T02:16:13+00:00 SUSHI - Most Underrated Protocol in DeFi? (BentoBox, Kashi, Miso Explained) So why is Sushi believed to be one of the most underrated protocols in DeFi? What are some of its new features such as BentoBox, Kashi and Miso all about? And what is Sushi’s approach to launching on different blockchains and scaling solutions? You’ll find answers to these questions in this video. Let’s start with a bit of background. Sushi launched in August 2020 during DeFi Summer - the first period of major growth of DeFi. The project quickly gained a lot of traction mostly due to the nature of its launch. Sushi - back then known as SushiSwap - aimed at directly competing with Uniswap by forking it and encouraging liquidity providers to move their liquidity to a new platform in a process called a vampire attack. The full story behind Sushi, although super interesting, is out of the scope for this video. Fortunately enough, I’ve already made a video about it some time ago and you can watch it here if you’re interested. Almost a year later and the rocky launch of Sushi seems like a distant past and the team behind the protocol has been working hard on delivering new, interesting features and building the Sushi ecosystem. Besides the main function of Sushi - a decentralized exchange for swapping assets, the protocol offers a growing range of other products: a liquidity bootstrapping feature for other projects - Onsen; a lending platform - Kashi; a launchpad for new protocols - Miso. More on these later in the video. 🧛 Vampire Attack video ► https://youtu.be/UFjXwrCGuog 💧 Liquidity Pools video ► https://youtu.be/cizLhxSKrAc 🌾 Yield Farming video ► https://youtu.be/ClnnLI1SClA 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/sushi-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:dNDh-mPboPc dNDh-mPboPc UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-05-17T14:51:00+00:00 2021-09-05T09:37:42+00:00 How Does THORCHAIN Work? DEFI Explained So what is Thorchain all about? How does it work? And how does it make it possible to swap between native assets across different blockchains? You’ll find answers to these questions in this video. With billions of dollars in trading volume, decentralised exchanges have been gaining more and more traction. It’s not uncommon to see over $1B in daily trading volume on Uniswap alone. Although protocols like Uniswap, Sushiswap or Curve are great when it comes to exchanging assets within the Ethereum ecosystem, they don’t support swaps between different blockchains. To accommodate this problem, a common approach is to represent external assets in the form of wrapped or synthetic tokens on Ethereum. The most popular asset on other blockchains outside of Ethereum is of course Bitcoin. There are multiple ways of representing Bitcoin on Ethereum that allows it to be traded on decentralized exchanges. Wrapped Bitcoin, renBTC, sBTC to name a few. Even though most of these approaches work fine, they usually make certain tradeoffs when it comes to either the custody or the security of the assets. If you want to learn more about it check out this video here. What if there was a way of swapping native assets instead? For example, making a trade between Bitcoin on the Bitcoin blockchain and Ether on the Ethereum blockchain. And this is exactly where Thorchain comes into play. 💰 Bitcoin On Ethereum video ► https://youtu.be/iExly7FGKAQ 💧 Liquidity Pools video ► https://youtu.be/cizLhxSKrAc 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/thorchain-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:f7F67ZP9fsE f7F67ZP9fsE UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-04-28T19:21:49+00:00 2021-09-03T01:10:52+00:00 Polygon PoS Chain - A Commit Chain? DeFi Explained So what is a commit chain? How is it different from a sidechain? And what makes Polygon Commit Chain a commit chain rather than a sidechain? We’ll answer all of these questions in this video. Let’s start with understanding what exactly a sidechain is. A sidechain, in essence, is a separate blockchain that can be used as one of the ways of scaling a Layer 1 blockchain such as Ethereum or Bitcoin. As the name suggests, a sidechain runs in parallel or “on the side” of the main chain. Sidechains have their own consensus mechanisms usually in the form of Proof-Of-Stake, Delegated-Proof-Of-Stake or Proof-Of-Authority. Sidechains allow users to send their tokens from the main chain and receive them on the sidechain. Once the funds are transferred to the sidechain they can be used within the sidechain ecosystem. Similarly, users can withdraw their tokens from a sidechain back to the main chain. The whole process is called a 2-way peg or a 2-way bridge. Thing to note is that once the user tokens are on the sidechain then they are completely reliant on the consensus mechanism of the sidechain Initially, all scaling solutions such as sidechains, Plasma and rollups were classified as Layer 2 solutions as they are built on top of Layer 1. After a while, the Ethereum community started differentiating between scaling solutions fully secured by the Ethereum main chain - Layer 2 and other scaling options with their own consensus mechanisms - sidechains. At the moment, pretty much all scaling solutions are classified as either one or the other. When it comes to Polygon Commit Chain, it is worth differentiating it from a sidechain as it has a lot of extra features that rely on the security of the main Ethereum layer. 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/polygon-commit-chain-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:EawgqVdUZCI EawgqVdUZCI UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-04-16T15:52:41+00:00 2021-10-30T01:01:25+00:00 How (Not) To Get REKT - DeFi Hacks Explained Every opportunity comes with risks, and DeFi is no exception. For every way you can make money in DeFi, it seems there are at least two ways you can lose it. Although these risks can’t be avoided entirely, with careful risk management and sensible judgement, you can at least decrease your chances of getting totally REKT. So what are some of the most common ways people lose money in DeFi? What are the different types of hacks and exploits? And most importantly, how can you minimise your chances of being negatively affected by hacks in the future? You’ll find answers to these questions in this video. 🖤 Rekt ► https://www.rekt.news/ 🏆 Rekt Leaderboard ► https://www.rekt.news/leaderboard/ 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/defi-hacks-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:Ia0DVfRJKy8 Ia0DVfRJKy8 UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-04-05T13:28:15+00:00 2021-09-26T01:58:07+00:00 The TRUTH About DEFI So what is the current state of decentralized finance? Where are we with different scaling solutions on Ethereum? How about DeFi on other chains? And what is the most likely scenario when it comes to the future of DeFi? You’ll find answers to these questions in this video. Decentralized Finance, together with the whole cryptocurrency space, started 2021 with a bang. In just a few months the total value locked in DeFi grew from around $15B to an astonishing $45B. The volume on decentralized exchanges has also been at an all-time high with over $50B traded each month. On top of this, a lot of DeFi tokens have seen a significant increase in value which attracted even more people to this still very new space. We’ve also seen a lot of development. New projects popping up pretty much every day. Already existing protocols launching their new versions. Other well-known projects migrating or announcing their migration to different scaling solutions. We also had some big news. For example, Visa announced they will start settling transactions in USDC on Ethereum. This is amazing not only for Ethereum but also for the whole DeFi space in general. Despite all of this development, it seems like DeFi is at a crossroad. On one hand, we have DeFi protocols on Ethereum exploring multiple different scaling solutions to alleviate high transaction fees. On the other hand, we have other chains trying to attract both the new and the already existing DeFi projects. 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/the-truth-about-defi/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:Ehm-OYBmlPM Ehm-OYBmlPM UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-03-23T20:38:03+00:00 2021-09-24T20:09:07+00:00 UNISWAP V3 - New Era Of AMMs? Architecture Explained So what is the long-awaited Uniswap V3 all about? How is it different from V2? Will this be a game-changer when it comes to the Automated Market Makers space? And will it launch directly on Layer 2? You’ll find answers to these questions in this video. Although Uniswap, as one of the core DeFi projects, doesn’t need much of an introduction, let’s quickly go through a few major points before we jump into V3. Uniswap, in essence, is a protocol for decentralized and permissionless exchange of tokens on the Ethereum blockchain. The initial version of Uniswap was launched in Nov 2018 and slowly started building users’ interest. In May 2020, at the beginning of DeFi Summer, Uniswap launched a second version of the protocol called Uniswap V2. Just before releasing V2, the team behind Uniswap had already started working on a new version of the protocol, details of which were announced just now - at the end of March 2021. The team decided to launch Uniswap V3 on both the Ethereum mainnet and Optimism - an Ethereum Layer 2 scaling solution - targeting early May for the release. This was clearly one of the most anticipated announcements in DeFi’s history and it looks like V3 can completely revolutionise the AMM space. 🙌 Gitcoin Grant ► https://gitcoin.co/grants/1158/finematics-defi-education 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/uniswap-v3-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:IijtdpAtOt0 IijtdpAtOt0 UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-03-14T17:14:26+00:00 2021-09-24T20:01:26+00:00 POLYGON (MATIC) - Ethereum's Internet Of Blockchains Explained - Layer 2 So what is Polygon, previously Matic, all about? How will it help with scaling Ethereum? Why does it claim to be Ethereum’s Internet of Blockchains? And why is it sometimes compared to Polkadot and Cosmos? You’ll find answers to these questions in this video. Before the rebranding to Polygon, the project was known as Matic or Matic Network. Matic was started in 2017 by 3 founders who were active participants in the cryptocurrency community in India and decided to band together and tackle Ethereum’s scaling problems. The team worked on 2 main solutions: Plasma Chains - a layer 2 scaling solution based on Matic’s implementation of Plasma and a PoS Chain - a Proof-Of-Stake Ethereum sidechain. The token behind Matic Network - MATIC - was distributed through the Binance Launchpad’s initial exchange offering in April 2019 and the team was able to raise $5.6M. After over 2.5 years of work, The Matic Network Mainnet went live in mid-2020 and quickly started attracting more and more attention. This was supercharged by the increasing gas fees on Ethereum that showed an urgent need for finding robust scaling solutions. At the beginning of 2021, the Matic team decided to expand the scope of their project and rebranded themselves to Polygon. Polygon aims at creating a more generalised scaling solution. 🙌 Gitcoin Grant ► https://gitcoin.co/grants/1158/finematics-defi-education 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/polygon-matic-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:iJDoc0kvXLc iJDoc0kvXLc UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-03-03T20:59:12+00:00 2021-09-03T14:16:50+00:00 Binance Smart Chain And CeDeFi Explained So what is Binance Smart Chain? How is it different from Ethereum? And what is CeDeFi all about? You’ll find answers to these questions in this video. In April 2018, Binance - one of the biggest cryptocurrency exchanges, decided to launch their own blockchain - Binance Chain. The main idea behind Binance Chain was to create a high-speed blockchain able to support large transaction throughput. To achieve this, the team behind Binance Chain chose the Tendermint consensus model with instant finality and instead of supporting multiple applications, decided to focus on its primary app - Binance DEX. With DeFi on Ethereum flourishing and Binance DEX not getting as much traction as expected, Binance very quickly realised that the main feature missing from Binance Chain was the ability to run smart contracts and allowing other teams to deploy their own applications. At this point, Binance made an interesting decision. Instead of trying to add smart contract capabilities to Binance Chain and sacrificing its performance, they decided to launch another chain in parallel to Binance Chain and this is where Binance Smart Chain comes into play. 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/binance-smart-chain-and-cedefi-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:Yh8cHUB-KoU Yh8cHUB-KoU UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-02-20T16:29:44+00:00 2021-11-03T13:53:55+00:00 What Is GAS? Ethereum HIGH Transaction Fees Explained So what exactly is gas? Why are transaction fees so high at the moment? And what are some of the ways to make the transaction cost lower? You’ll find answers to these questions in this video. Gas is a unit used for measuring the amount of computational effort required to perform specific actions on the Ethereum blockchain. The name itself hasn’t been chosen by accident. Similarly to gasoline fueling a car and allowing it to drive, gas on the Ethereum network fuels transactions and allows them to perform different operations. Every operation on the Ethereum blockchain, or to be precise on the Ethereum Virtual Machine (EVM), has an associated gas cost. For example: adding 2 numbers costs 3 gas; getting the balance of an account - 400 gas; sending a transaction - 21,000 gas. Smart contracts usually consist of multiple operations that together can cost even hundreds of thousands of gas. What is interesting is that the gas cost by itself doesn’t tell us how much we have to pay for a particular transaction. To calculate the transaction fee we have to multiply the gas cost by gas price. The gas price is measured in gwei - a smaller unit than ether where 1 gwei equals 0.000000001 ETH. We can think about it as a major and a minor unit similarly to dollars and cents. 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/what-is-gas-ethereum-high-transaction-fees-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:H-O3r2YMWJ4 H-O3r2YMWJ4 UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-02-10T14:34:09+00:00 2021-09-02T21:21:23+00:00 DEFI - The Future Of Finance Explained So what’s the future of finance? Is decentralized finance better than the current financial system? What problems does it solve? And does it have a chance to improve or completely replace traditional finance? You’ll find answers to these questions in this video. Instead of relying on old and inefficient infrastructure, Decentralized finance, or DeFi, leverages the power of cryptography, decentralization and blockchain to build a new financial system. A system that can provide access to well-known financial services such as payments, lending, borrowing and trading in a more efficient, fair and open way. 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/defi-the-future-of-finance/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac yt:video:QxoqPZRw9y4 QxoqPZRw9y4 UCh1ob28ceGdqohUnR7vBACA Finematics https://www.youtube.com/channel/UCh1ob28ceGdqohUnR7vBACA 2021-01-30T20:24:29+00:00 2021-09-24T21:51:43+00:00 Derivatives in DEFI Explained (Synthetix, UMA, Hegic, Opyn, Perpetual, dYdX, BarnBridge) So what are derivatives? Why are they important? And what are some of the most popular derivatives protocols in defi? You’ll find answers to these questions in this video. Every growing market naturally develops its own derivatives market that can end up being an order of magnitude bigger than its underlying market. This is also why a lot of people in the decentralized finance space are extremely bullish on the potential of decentralized derivatives that, in contrast to traditional finance, can be created by anyone in a completely permissionless and open way. This in turn increases the rate of innovation that has been stagnating in traditional finance already for a while. Synthetix ► https://synthetix.io/ UMA ► https://umaproject.org/ Hegic ► https://www.hegic.co/ Opyn ► https://opyn.co/ Perpetual ► https://perp.exchange/ dYdX ► https://dydx.exchange/ BarnBridge ► https://barnbridge.com/ 📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/ 📖 Post ► https://finematics.com/derivatives-in-defi-explained/ 🐦 Follow Finematics on Twitter ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics 🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate) 📱 Argent Wallet ► https://argent.link/finematics (affiliate) 🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac