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nnova.eth

@NNovaDefi

Nov 30

There are only 300 million people in Crypto.

Less than 2% of people in Crypto use DeFi.

Learning how to use DeFi puts you in the top 0.07% of The World.

Grab a seat, and let's go. ↓

🔸 Bankless

DeFi—short for Decentralized Finance—refers to the fast-growing ecosystem of financial products, protocols, and applications that operate on public blockchain networks.

➔ Crypto + Technology + Finance = DeFi

DeFi is rapidly transforming the world of finance with a range of new tools for putting crypto assets to work.

It offers opportunities beyond simply buying crypto on a centralized exchange. It allows anyone and everyone to build a decentralized, bankless lifestyle.

Read 23 tweets

nnova.eth

@NNovaDefi

Oct 15

Web3 Word of The Day.

➔ Anon

This is short for anonymous, and it’s a way people refer to each other on Crypto Twitter (CT).

“I hope you used a hardware wallet to store your Punks and Apes anon.”

Privacy is something we value in Web3.

Find out more in this short thread. ↓

🔸 Privacy is not secrecy

A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know.

Privacy is the power to selectively reveal oneself to the world.

🔸 Protect our privacy

We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence.

We must defend our own privacy if we expect to have any.

Read 6 tweets

nnova.eth

@NNovaDefi

Oct 14

Web3 Word of The Day.

➔ Censorship-resistance

Censorship resistance is considered to be one of the main value propositions of Web 3.

What this new model unlocks is beyond our current imagination.

But what does it mean?

Find out in this short thread. ↓

🔸 Censorship resistance

Web3 is a silent revolution in plain sight.

And one of the most important proprieties of Web3 is Censorship Resistance.

This property has massive implications on how we form and structure societies.

Never before in the history of human society have we had the chance to build models that don't depend on an Emperor, King, Government, or any other sort of centralized power that rules our interaction

Read 9 tweets

nnova.eth

@NNovaDefi

Sep 8

What is the worst that we should be prepared for Bitcoin bottom?

Here is what happened in The Past.

And possibly what will happen in The Future. ↓

🔸 Various on-chain price models signal a possible market bottom formation.

➔ Realized price($21,592):

One of the most widely used price valuation models to estimate bitcoin price bottoms is the realized price, the average price at which all bitcoin in existence last moved.

🔸 Historically, #bitcoin bottomed below the realized price.

If the price has declined below the realized price, other price models are used to estimate the bottom.

➔ Delta price($14,478):

Historically, the market had reached a bottom when the price touched the delta price

Read 6 tweets

nnova.eth

@NNovaDefi

Sep 7

There are more than 100 Stablecoins out there.

But how to know which ones are safe to park your hard-earned profits in?

Here's a breakdown of:

What Stablecoins are, Why They Matter & How Different Stablecoins Work.

Let’s level ↑

🔸 What are Stablecoins?

They are technically a digital wrap of a dollar on the blockchain.

Most stablecoins are pegged to the $USD.

1 Stable Coin = $1 USD.

They are the bridge between the fiat world and the crypto world.

🔸 Why Would You Want Stablecoins?

➔ They lower the volatility in a portfolio.

Stablecoins help you preserve your portfolio from losing too much money.

➔ And you can use them to buy the dips.

Here is an example: ↓

Read 24 tweets

nnova.eth

@NNovaDefi

Sep 2

What is Money?

What is Ideal Money?

To complicate is simple — To simplify is complicated.

Here is The Simplified Explanation. ↓

🔸 What is Value?

Value is that toward which all human action is aimed.

Value is the monetary, material, or estimated worth of an asset, good, or service.

This is the End Goal – To Obtain Value.

Let's dive deeper. ↓

🔸 What is Money?

Money is tokenized energy.

It takes a certain amount of energy consumption to generate value.

➔ 1$ is a measure of energy
➔ 1 gold coin is a measure of energy
➔ 1 banana is a token of energy

Money is the Apex form of Property.

Read 24 tweets

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