🟧 Bitcoin Chinese Space ◉ EP.07
2023-10-19
This POAP is created for audiences who participated in the Bitcoin Chinese Space #07 on Twitter. There is another kind of proof on Bitcoin Ordinals, if you would like to know more details, go to join our Telegram Group: https://t.me/BTC_MagicEden Twitter: https://twitter.com/MEonBTC Website: https://magiceden.io/Ordinals Help: https://help.magiceden.io/en/
Share the knowledge about Defi Content of this event: What NOT to do in Defi/Crypto? 1. Pool 2 Epic fails (Algo stablecoin project) What is Pool 2? What happened? the coin went into death spiral, price dropped in minutes = severe IL Project eventually failed completely Lesson: Understands the nature of the project, don't invest more than you're willing to lose. 2. Lost 60% of ETH in an exploit (Rari Capital) Liquidity Mining. Staking in early project vaults to receive gov tokens. Lesson: Research the team behind the project 3. FOMO buying into hypes
Share the knowledge about Defi Content of this event 1. Defi in a nutshell 2. Introduction to Yield Farming / Mining 3. Introduce Yield Aggregators, the best way for lazy people to do Yield Farming 4. DOs & DON’Ts for Beginners
Share the knowledge of Defi Content of this event: What makes it a DAO: - common goal - common belief - willingness to cooperate with more another - fair launch eg. Yearn early days - "flat" ? - how are decisions made in DAO? What problem is DAO trying to solve? Advantages of DAO



