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Zero To Hero Ep #3: Exploring Stablecoins & Generating Yield

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Zero To Hero Ep #3: Exploring Stablecoins & Generating Yield

What is a stablecoin? How can you earn yield? DeFi bank accounts?

DeFi Slate πŸ“ˆ
Mar 12, 2021
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Zero To Hero Ep #3: Exploring Stablecoins & Generating Yield

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Take one step closer to sovereignty every single week, join the DeFi Slate community below:

DeFi Slate Fam:

Stablecoins are such an odd concept. In crypto we have the ability to create ERC20 (Ethereum tokens) which are stable and pegged to $1.

Examples: $USDC, $DAI, $USDT and more.

In this video we breakdown:

  • the difference between centralized and decentralized stablecoins

  • what makes up the β€˜peg’ of different stablecoins

  • how to earn yield (10%+ APY) using stablecoins and have your own defi bank account

  • why you should be using stablecoins for payments and a savings account

  • much, much more

Tune in, enjoy, and get to earning that yield!!!

- Andy


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Zero To Hero Ep #3: Exploring Stablecoins & Generating Yield

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You know what they say…not your keys, not your coins ;)


⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.


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Last week in review:

  • πŸŽ™DeFi By Design EP #25: Building Your Investing Edge

  • Master It Monday: How To Spot Wildly Profitable Trends in DeFi & NFTs

  • Tap in Tuesday: The Ultimate Guide to Sports Betting on Ethereum

  • NFTs & DeFi: Aave Founder & DeFi OG Stani Kuchelov Explains

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  • DeFi Slate x TheEther: A social governance experience for Ethereum

  • DeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie Infinity

  • DeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFi

  • DeFi Slate x Szymon Β Sypniewicz: Onboarding Retail with Ramp

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DeFi For Dummies #32: What is the difference between a centralized/decentralized stablecoin? CEX stable coins are backed by 1:1 by USD, are custodial (Ex: $USDC can be frozen) DEX stablecoins are collateralized debt, non-custodial, pegged to $1 Ex: $sUSD $DAI #DeFiForDummies
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Zero To Hero Ep #3: Exploring Stablecoins & Generating Yield

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