Exclusive Video On Ways to Solidify Your Financial Situation as we Dive Into the Decentralized Economy of Ethereum!
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DeFi Slate Fam:
As a result of the destructive duo, currency devaluation and high inflation, the Central Bank of England is starting to capitulate their fiat currency. The Bank of England announced a rate cut yesterday which will turn back on the British money printer. We’ve seen the collapse of fiat currencies before, and this is usually how it starts.
Meanwhile there is an evolving alternative currency market on-chain. During cycles of fiat destruction, countries turn to alternative currencies to power their economy. We may see Bitcoin unfold into the currency of choice when citizens no longer trust their central monetary regime.
Today’s video is on the decentralized economy of Ethereum. We discuss the on-chain interest rate environment through dApps like Curve, Convex, and Sturdy Finance. Although we’re seeing macroeconomic capitulation, now is not the time to mentally capitulate from the market. Sit back, relax, and learn how to solidify your financial situation.
🙌 Together with:
Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!
🔥 Partner Project Updates
One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a 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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