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@beethoven_x

More from @RobotDefi

DefiRobot.AI

@RobotDefi

Oct 18, 2022

I know I’m still kinda new to #Defi #crypto #finance (under 1yr) BUT I got some other expertise

I’ve:
Sold almost $1mil in product on Amazon
Sold 10’s of thousands in info products
Sold hundreds of thousands in consulting

So here’s a thread on making $$ in a bear market

🧵/1

Here I will lay out all the ways I’ve made money (all of them) as well as a couple ways people I personally know have.

I’m not sharing theory here. These things have put money in my or people I know’s pockets.

Let’s get it…

🧵/2

Selling on Amazon -

By far the most profitable endeavor, but also the most expensive and labor intensive.

There are LOTS of ways to sell on #Amazon but I chose to create my own brand of product.

I know that sounds kind of hard BUT I did it with zero money (starting out).

🧵/3

Read 26 tweets

DefiRobot.AI

@RobotDefi

Jul 10, 2022

Want to learn how the brain works, why humans value what we value, and how to persuade value based decisions?

Here’s your reading list:
Thinking Fast and Slow
Predictably Irrational
Nudge
Influence
Pre-suasion
Misbehaving
The Undoing Project
The Persuasion Code

/1

Barking Up the Wrong Tree
Brainfluence
Alchemy
7 Secrets of Persuasion
Invisible Influence
What Your Customer Wants and…Can’t Tell You
Thinking In Bets
Friction
The Upside to Irrationality
Dollars and Sense
Payoff
Yes
Contagious

/2

This is a crash course in behavioral economics, basically. It helps readers identify how WE are persuaded as well as how to persuade.

This is intimately connected with what we value and why we make the value based decisions we do.

/3

Read 5 tweets

DefiRobot.AI

@RobotDefi

Jul 8, 2022

Sustainability was the buzzword of the day when #node protocols were the hot topic. Obviously it was just a buzzword, as no #NaaS protocol has proved to be that.

But what IS sustainability and how do we evaluate it? A thread 👇

🧵/1

First, the definition of sustainable - able to be maintained at a certain rate or level.

So, sustainability is the ability to uphold that level of maintenance.

What does that mean in the context of #DeFi?

🧵/2

While the definition may be described differently depending on who you ask, the general consensus is;

sustainable = able to last long term.
Specifically, able to continue paying dividends (in whatever form that takes) or growing in value, long term.

🧵/3

Read 20 tweets

DefiRobot.AI

@RobotDefi

Jun 30, 2022

🚜DEGEN AF TRADING STRATEGIES: YIELD FARMING🚜

-*A yield farming primer for beginners*-

👉 What is yield farming?

Strategies deployed to maximize “yield” or returns 👇

🌾/1

This spans across multiple strategies, such as:

· Lending

· Liquidity mining

· Staking

🌾/2

Lending and liquidity mining are basically the same thing – you’re lending your tokens out for others to use.

In the case of lending, that’s pretty straightforward. Someone needs tokens you have, you let them borrow them.

In the case of liquidity mining...

🌾/3

Read 29 tweets

DefiRobot.AI

@RobotDefi

Jun 4, 2022

🤖DEGEN AF STRATEGIES VOL 2🤖

👉 Lending Loops

Let's talk about lending loops. These are far and away one of the most #degen strategies you can employ.

Why?

👇

🧵/1

Because, in a normal lend/borrow situation, you risk your collateral, but you still have the asset you borrowed.

In a lend loop, you risk EVERYTHING;
Your collateral AND your borrowed asset.

If you get liquidated, you have NOTHING.

🧵/2

First, let's talk briefly about how lending and borrowing work, so the loop scenario becomes a bit more clear.

In traditional finance, when you borrow money, you either put up something for collateral (your house or car) or the lender takes a risk based on your credit.

🧵/3

Read 33 tweets

DefiRobot.AI

@RobotDefi

May 27, 2022

TRYING TO EXPLAIN #DEFI TO MY MOTHER

I'm on a mission to help onboard as many "normies" possible into the world of DeFi

It requires choosing the right words & analogies to help explain technical concepts

So heres a 🧵 I hope you find helpful you can send to your own normies 👇

First, let's start with concepts we understand.

INCENTIVES. The world revolves around them. Everything anyone tries to get someone else to do involves incentives.

I mean, what is dessert for a child if not a bribe to finish dinner?

🧵/2

The world of finance is no different.

What bank do you open a savings account with?
Probably the one offering the highest APR (incentive).

What bank do you have a checking account with?
The one with cashback rewards, or lower fees, etc.

🧵/3

Read 19 tweets

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