-
Part 1 : Laying The Foundation - Money & Cryptocurrency 21
-
Lecture1.1
-
Lecture1.2
-
Quiz1.1
-
Lecture1.3
-
Lecture1.4
-
Lecture1.5
-
Lecture1.6
-
Lecture1.7
-
Quiz1.2
-
Lecture1.8
-
Lecture1.9
-
Lecture1.10
-
Lecture1.11
-
Lecture1.12
-
Quiz1.3
-
Lecture1.13
-
Lecture1.14
-
Lecture1.15
-
Lecture1.16
-
Lecture1.17
-
Quiz1.4
-
-
Part 2 : Cryptocurrency Categorization 11
-
Lecture2.1
-
Lecture2.2
-
Lecture2.3
-
Lecture2.4
-
Lecture2.5
-
Lecture2.6
-
Lecture2.7
-
Lecture2.8
-
Lecture2.9
-
Lecture2.10
-
Lecture2.11
-
-
Become a Crypto Analyst - Mastering Tokenomics 16
-
Lecture3.1
-
Lecture3.2
-
Lecture3.3
-
Lecture3.4
-
Lecture3.5
-
Lecture3.6
-
Lecture3.7
-
Lecture3.8
-
Lecture3.9
-
Lecture3.10
-
Lecture3.11
-
Lecture3.12
-
Lecture3.13
-
Lecture3.14
-
Lecture3.15
-
Lecture3.16
-
-
Part 3 : Buying and Storing Cryptocurrency 18
-
Lecture4.1
-
Lecture4.2
-
Lecture4.3
-
Lecture4.4
-
Lecture4.5
-
Lecture4.6
-
Lecture4.7
-
Lecture4.8
-
Lecture4.9
-
Lecture4.10
-
Lecture4.11
-
Lecture4.12
-
Lecture4.13
-
Lecture4.14
-
Lecture4.15
-
Lecture4.16
-
Lecture4.17
-
Lecture4.18
-
-
Part 4 : DEFI - Decentralized Finance 10
-
Lecture5.1
-
Lecture5.2
-
Lecture5.3
-
Lecture5.4
-
Lecture5.5
-
Lecture5.6
-
Lecture5.7
-
Lecture5.8
-
Lecture5.9
-
Lecture5.10
-
-
Creating Wealth Through DEFI 7
-
Lecture6.1
-
Lecture6.2
-
Lecture6.3
-
Lecture6.4
-
Lecture6.5
-
Lecture6.6
-
Lecture6.7
-
-
Part 5 : Building Wealth in Cryptocurrency : The Safer Option 3
-
Lecture7.1
-
Lecture7.2
-
Lecture7.3
-
-
Faster But More Risky Strategy to Building Great Wealth In Cryptocurrency 8
-
Lecture8.1
-
Lecture8.2
-
Lecture8.3
-
Lecture8.4
-
Lecture8.5
-
Lecture8.6
-
Lecture8.7
-
Lecture8.8
-
-
Part 6 NFT - The New Frontier for Creators and Collectors 8
-
Lecture9.1
-
Lecture9.2
-
Lecture9.3
-
Lecture9.4
-
Lecture9.5
-
Lecture9.6
-
Lecture9.7
-
Lecture9.8
-
-
Part 7: Cryptocurrency Trading 10
-
Lecture10.1
-
Lecture10.2
-
Lecture10.3
-
Lecture10.4
-
Lecture10.5
-
Lecture10.6
-
Lecture10.7
-
Lecture10.8
-
Lecture10.9
-
Lecture10.10
-
This content is protected, please login and enroll course to view this content!
Leave A Reply Cancel reply
You must be logged in to post a comment.
20 Comments
This is great. Thanks sir.
please, what does APY mean? Again, how long can one lend and is the interest rate per month or per year or per day? Thanks
APY means Annual Percentage Yield, while APR is Annual Percentage Rate.
APR is simply the interest rate on an investment, calculated over a year.
APY on the other hand is the actual rate of return that will be earned in one year if the interest is compounded. When you see APY, it means that your investment will be compounded automatically for you (i.e added to your initial capital). So APY works with compounding interest and gives you a better idea of how much you’ll get if you leave the investment for a full year.
How long you lend out your tokens, is entirely up to you. Your interest will be added daily. Some protocols add interest every few minutes.
Thanks a lot for this great explanations.
Thank you
Wow! This is mind-blowing. A very big thank you sir for this INFO.
Thank you
thank you for all the teaching. i have challenge here. how do i convert my BTC TO BNB since what i have on my wallet is BTC.
Which wallet are you using?
I have 2 questions Sir.
1: if I lend A particular coin let’s say BNB at 6.83% APY and maybe after 2months the percentage reduced… Will I still have the 6.83% interest I lended for or will it affect the interest (reduced as well)..??
2: if I borrow a coin, how do I pay the interest rate attached to it..??
Yes, as the APY changes, it affects your returns in real-time. Your interest will usually be calculated daily, with the new APY.
You can pay back the interest at the same time that you’re paying back the capital.
Blessings sir, had finished the assignment but wondering where did you get the network name and the rest for the configure, search and search could not locate it on binance pls
Am sorry, which network are you referring to?
Thanks so Boss.
The interest, is it tied to the value of the coin you’re staking or the number of coin you’re staking?
Example: If I stake 1BNB which is equivalent to $300, will the interest of 1BNB or $300?
This question is because buy the end of the year, 1BNB will not $300 again.
Thanks
Great question. The interest is actually paid in two cryptocurrency.
You get most of the interest in the coin which you staked (in this case BNB), then you also get some interest in their native token, which is XVS (At this time, 1 XVS equals $15)
Good morning sir, Thanks for taking out time to answer questions. Pls, I notice that the daily interest is still reading Zero after lending for some days now on Venus.finance, is this suppose to be so, or am missing something out?
It’s possible the amount you lent out is relatively small, and thus profit is not yet reflecting (will show up in time). Lending is pretty straight forward and I doubt you made any mistake. If you did, you will immediately see it on the dashboard, and if you lent out successfully, you will also see your crypto in the venus dashboard. Try to do some calculations to know how much you should be expecting.
Can you move borrowed funds from venus.finance to your wallet or an exchange?
When one is “undercollaterized”, can’t they run away with the funds since what they borrowed is greater than what they set as collateral? and will this not affect the market?
Again, is there any plausible reason for one to “overcollaterize”?
Sure, you can move the borrowed fund anywhere. You can exchange it for fiat and withdraw for regular use.
The smart contract will continuously adjust your collateral based on the current market price and will decide when to liquidate your asset if you intend to game the system. One DEFI that allows you to Undercollateralize is Lendefi.
Click here to learn more about it.
If for example I lend out my Max ETHEREUM. Will my Ethereum continue to increase in value
Yes it will