I laughed out loud at this picture yesterday.

Now it seems that if you don’t talk about Defi, you are not a qualified person in the currency circle. The skyrocketing Defi currency is really "I will come on stage after you sing."

Recently, some friends chatted with me, feeling that the whole world has made a lot of money by relying on Defi, either ambush the Defi platform currency in advance, soaring several times, dozens of times, or mining on the Defi protocol through deposits and loans , Earning money is the same as picking it up for nothing. And I was really unwilling to miss this train for nothing, and wanted to get on the train too.

Can I still get in the car? Can I still get in the car? ! !

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1. Peace of mind, the quality of accepting as soon as you see it

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2. A professional data website that can check the Defi market

There are many Defi-related data websites, some of which focus on Defi-related things, such as Defipulse, Debank, and some original Dapp-related data websites have developed special Defi sections, such as Dapptotal, Dappreview, some large and comprehensive data The website has also developed a Defi section. The better ones include QKL123, CoinGecko, etc. This has been introduced in detail in the previous article, so I won’t go into details here. See this article for details:For Defi projects, what data is worth paying attention to?

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3. A platform that can play with all Defi

The current Defi platform is not enough to use the metaphor of "springing like bamboo shoots after a rain", it is simply like a crucian carp crossing the river. If I want to experience all the Defi platforms, it is troublesome to switch and surf the Internet in a civilized manner, which prevents many people from appreciating the beauty of Defi. Therefore, you need a platform that can use all Defi. For example, imToken or Math Wallet (these two wallets are wallets that the author has experienced, are more convenient to use and have a relatively complete Defi platform)

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Click "Application" - "DeFi" section

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4. A platform that facilitates the exchange of stablecoins

Most of the Defi platforms currently support Ethereum, USDC, USDT, and DAI deposits for interest-earning or lending, but considering the volatility of Ethereum, the safest thing is to use stablecoins to pledge interest-earning or lending. Among them, DAI usually has the highest income, so you need a reliable stable currency exchange platform with small slippage. Curve is more convenient to use at present. Needless to say, when Compound mining was the hottest, Curve’s transaction volume was directly pushed to the top of Defi, which verified everyone’s consensus on Curve. The author also introduced the detailed usage of Curve in an articleAfter trying out these ten DEX projects, I discovered new opportunities (Part 2) | with a tutorial, I really want to give a thumbs up to Curve's UI design, it's very cool.

However, Curve’s exchange slippage is sometimes a little bit large. Just now, the author compared the price difference between the domestic public chain and the original chain’s Defi platform MOV for the same DAI to USDT exchange.

Every time 10,000 DAI is exchanged, the price in MOV is lower than Curve 45U, and sometimes there was a bigger price difference before, and the profit was set for a period of time, which is very fragrant. However, MOV needs to be cross-chain, and you need to take into account cross-chain handling fees and the like, which is a bit troublesome. Now it can only be implemented in a wallet of Bycoin. If Maizi/imToken is connected, it will be more convenient. .

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5. Brainless high-yield Defi financial management

Seeing this, you say that it is too risky to ambush Defi coins, and mining is too troublesome. You just want to make stable money, what is stable money, money that can be earned without using your brain, then you can only recommend You have Defi financial management. The income is not much but it is stable, and most of the Defi platform financial income is not low. The following recommendations recommend several platforms in different dimensions.

1. Dforce Stablecoin Earns Interest

Dforce supports three kinds of stable currency USDC/USDT/DAI financial management, the rate of return is as follows (screenshot when the author wrote this article) USDT annualization is relatively small, DAI annualization is still very competitive in the market, Dforce’s interest income mainly comes from the pooled The funds are invested in Compound and Aave, and the interest fluctuates up and down.

2. Aave

There are more currencies on Aave that support income, but the interest is generally low.

3. MOV

Personally, I think that MOV still has a lot of advantages to talk about in terms of depositing interest. The following is the screenshot of the annualized rate of return when the author wrote the article. The annualized rate of interest in the pool with the highest DAI-USDC has reached 16%. It is more convenient to deposit and withdraw at any time, but the biggest obstacle to financial management in MOV is to step into assets. You need to think about it yourself, or refer to the official manual.

Defi is still in the initial stage of development. Although everyone is chasing the wave in the current bubble, you will know how deep the water is when the bubble fades. For more information on the operation process of the Defi website and the introduction of Defi, I recommend a book published by the market website Bihu - "How to Defi?".