General Discussions About Decentralized Finance
Join our community, share your knowledge, and ask questions about decentralized finance, including topics like dApps, DEXs, DAOs, Yield Farming & Staking, and DeFi protocols.
Recent Questions
What are the risks of depositing Defi vs. Blockfi?
Asked a year ago
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How do you trade in crypto futures?
Good morning. I have a question concerning future contracts and how they work. It looks like an interesting concept. However, I'm not 100% sure how it works or what the point of one is. Why not do an immediate transaction instead? Will the profits gained from the futures contracts go directly back into my portfolio, or do I need to get a digital wallet? Also, if I were set a futures contract with the opposite party, how would we find a fair value? Thanks in advance for all your answers! Asked 8 months ago
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Which is the safest stablecoin in 2022?
I'm looking to invest in a stablecoin instead of other cryptocurrencies since the market has been crashing and is still predicted to crash some more. I feel that the rest are too volatile. Which do you think is the most stable currency-backed stablecoin? Asked 9 months ago
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4.2k
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What is TradFi and DeFi?
Hi everyone. I am pretty clueless when it comes to these things, but I'm trying to learn as much as I can. Can someone please explain what TradFi and DeFi is? Thanks so much.Asked a year ago
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1.5k
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How do you lock liquidity for tokens?
Is there any way to establish a smart contract and lock the liquidity of my tokens, or can it only be done through the DEX?Asked a year ago
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1.7k
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What is slippage in liquidity pools?
I started doing transactions and trading in decentralized exchanges. However, I was warned that slippage might cause me not to get the initial amount shown. Apparently, this is called slippage. But how does this work? Asked a year ago
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2.1k
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How do I convert Bitcoin to Ethereum on a DEX?
I want to exchange money (and crypto) without a 3rd party. So far, I have Bitcoin. How do I exchange this for Ethereum on a decentralized platform?Asked 10 months ago
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699
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Can I buy Ethereum if I'm under 18?
Hi, I really want to start investing in crypto and buy Ethereum, but I'm only 16-years-old. Can I still do it, or would I need to sign up under my dad? Asked a year ago
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1.5k
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How do I know if I have been a victim of a liquidity mining scam?
I received a voucher for 5 Ethereum on a dApp called defi.cb-ef.net on Coinbase. To get that Ethereum, I needed 60k deposited in my wallet. I deposited 55k, and not too long after that. I received a "miner's fee." which asked me to pay $13 ETH. I couldn't exit it. I tried restarting everything, but it wouldn't go away. So I ended up paying for it, and a few seconds later, all my funds in the account disappeared. I have reached out to Coinbase, Tether, and the IC3. The question is, how do I prevent this from happening again? Asked a year ago
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Can I buy DeFi Pulse Index on Polygon?
I am looking to buy some DPI. Is it possible to buy/swap it on Polygon/Matic? I don't see it in quick-swap, but I do see it listed. If not, is Ethereum the only place I can buy it?Asked a year ago
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902
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