Cryptocurrency & DeFi
19.0
Explaining Decentralized Finance 💰
Crypto Top 7 All-Star Team
Crypto of the week 📈 - unFederalReserve
Premium Subscription now LIVE - Subscribe here
Interested in discussing investing live while having your questions answered? Become a premium subscriber and join the next zoom call, Monday 5/24 at 5:30PM PDT.
Learn to Earn with Decentralized Finance
Elon Musk hosted Saturday Night Live this week with a major emphasis on DogeCoin. The entire cryptocurrency market sits at 2.5 trillion dollars in value with both; Ethereum and Chainlink hitting all-time highs the past few days. Believe it or not. Like it or not. This is the world in 2021.
At investrly we recognize opportunity and act on it. Bringing us to our…
Term of the Week
Decentralized Finance
Decentralized Finance, or DeFi, is a system by which financial products become available on a public decentralized blockchain network, making them open to anyone to use, rather than going through middlemen like banks or brokerages.
With DeFi, you become the banker and utilize “protocols.” Here are the first steps to exploring the world of DeFi:
Download a blockchain wallet app such as Coinbase Wallet or Metamask onto your phone.
Connect this blockchain wallet to DeFi protocols such as Aave, Bancor, or Yearn Finance.
Look at the faqs, explore the protocol and read about the unique opportunities and capabilities each provides.
Make sure you own “eth” to cover transaction fees.
These steps will eliminate roadblocks and barriers. Invest early with us and learn a brand new industry offering the potential to earn life changing returns.
A note of caution: The DeFi space is brand new and expanding rapidly. Please do your own research and understand the risks that come with great opportunity.
Cryptocurrency Overall Top 7
Where you can invest early in cryptocurrencies. 👉🏻 Gemini
Where you can invest early in earning interest on crypto. 👉🏻 Celsius
unFederalReserve - $eRSDL
Cryptocurrency is here and it’s a lot more than Bitcoin. Enter “unFederalReserve,” a banking Saas company built on blockchain technology. Your middle market DeFi solution offering banking products designed for smaller U.S. Treasury chartered banks and non-bank lenders in need of greater liquidity without sacrificing security or compliance. It’s early and we see massive potential in this name over the long term. In the short term you can earn yield via staking.
Tweet of the Week 📆 Save The Date
Sign up for updates about Smart Contract Virtual Summit #1
Cryptos
1️⃣ eBay Exploring Ways to Enter NFT Market: CEO - Decrypt
2️⃣ UFC Files Trademark for Cryptocurrencies - Decrypt
3️⃣ Grayscale 1st NFL Team Crypto Sponsor, Signs Deal With NY Giants - Decrypt
4️⃣ Citi Considers Launching Crypto Trading and Custody Services- Decrypt
5️⃣ Mercado Libre Has Invested $7.8 Million Into Bitcoin - Decrypt
6️⃣ 40% plan to use crypto for payments : Mastercard Survey - Cointelegraph
7️⃣ Robinhood Overwhelmed by Dogecoin Selloff After SNL Mention - Decrypt
Investrly Quote
Subscribe to our Premium newsletter
Bi-Weekly Wrap Friday edition (2+ stocks & crypto)
A monthly zoom Call (Q/A + Personal access)
Exclusive interviews with Financial Pros
Expand Your investrly Opportunities
Follow investrly on Social Media
Looking to partner with and/or support investrly? Reach us at weinvestrly@gmail.com to learn how.
investrly is written by Michael Rippe and edited by Danny Bopp with design elements from Peak Creative Design. Share this newsletter with a friend so they too can invest early. See ya next week.