If you are new to DeFi, or just want to up your game, read this thread.

I will share some of the best research tools for finding alpha in DeFi and take you through the basics that everyone should know.

A thread🧵👇: Etherscan - etherscan.io

Etherscan is the block explorer for the Ethereum blockchain.

Etherscan can be used to:
- Track wallets
- Monitor gas fees
- Find info about tokens
- Read contracts
- & more

You've probably seen #AMPLIFI everywhere over twitter these past few days. This protocol aims to provide dual-yields to investors, which is backed by Ethereum Validators.

Here is an overview of @AmpliFiDeFi - a protocol for perpetual yield 🧵👇: 📌 What Is AmpliFi

AmpliFi is the first protocol for perpetual yield through a reward-paying crypto annuity.

AmpliFi provides a revolutionary dual-yield model by combining native rewards and supplementary $ETH emissions from Ethereum Validators, which grow in perpetuity.

If you struggle with consistency, read this thread🧵👇: 1. Identify the areas you want to grow in

Make a list of the areas you want to improve in your life. Think about your relationships, career, finances, spirituality, etc.

Do a quick assessment of where you are in these areas and prioritize which areas you want to start with.

The first wave of decentralized finance, DeFi 1.0, gave people a way to invest and exchange cryptocurrency outside of traditional, centralized markets.

Now, a new generation of decentralized initiatives is taking shape, and it’s already been dubbed DeFi 2.0

A thread.🧵👇 📌What is DeFi 2.0?

DeFi 2.0 is a movement trying to upgrade and fix the problems seen in the original DeFi wave. DeFi was revolutionary in providing decentralized financial services to anyone with a crypto wallet, but it still has weaknesses.

8 visuals that will help in your crypto journey:

1. You may be down in the short-term, but look at the bigger picture 2. Time in the market beats timing the market

In your DeFi journey, you will need wallets to do a lot of things. Hence, the reason you should know about wallets.

Let's explain wallets; their usefulness; types; and how to know the best ones.

A thread.🧵👇 📌 What is a crypto wallet?

A crypto wallet is a software program that interacts with the blockchain of your choice by generating public and private keys, monitoring your balances, and most importantly, sending and receiving cryptocurrency.

With the way most projects have drastically dropped in price and there is less liquidity in the market, it is obvious that the bear market is here.

This is how you can survive and make the most of the bear market. A thread🧵👇: 📌 What is a bear market?

A bear market is typically a period of a long decline, which usually involves assets losing over 20% in value. Bear markets often coincide with periods of recession and increased inflation.

According to Messari, a DeFi research firm, there is a blockchain that can process transactions way faster than the Ethereum chain.

This blockchain processes 4,500 transactions per second.

The name of this blockchain is Avalanche $AVAX. A thread🧵👇: Avalanche is a blockchain and smart contract platform that focuses on high transaction speed, and low fees and differentiates itself by allowing the creation of individual subnets.

$NEAR is a fast-rising ecosystem with some even saying it has the potential to compete with Ethereum.

Here is an overview of the NEAR ecosystem 🧵👇 NEAR Protocol is, essentially, a decentralized app platform. The platform focuses on the user and developer usability. Its blockchain is smart-contract-capable and endorses a PoS mechanism.

DAOs and decentralized companies are important aspects of blockchain technology. However, their scalability has been an issue.

Here is an overview of $METIS - a scaling solution for decentralized organisations. A thread🧵👇: 📌 What is Metis

Metis is an Ethereum Layer-2 using the Optimistic Rollup technology. Metis attempts to scale Ethereum by improving its infrastructure (transaction cost, transaction speed, storage) while remaining decentralized and secure.

With a total locked value of over $3.3 billion and 90,000 daily active users, Arbitrum is on track to be the foremost protocol on Ethereum.

Here is a deep-dive into Arbitrum, and various ways to benefit from this fast-rising protocol.

A thread🧵👇: 📌 What is Arbitrum

Of course, a lot of scaling solutions have appeared to solve the pressing issues of the Ethereum chain and make it better.

But then, each of these solutions always have one loophole or the other. This is the reason Arbitrum was founded.

10 of my favorite quotes on money 🧵👇: Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like. –Will Rogers

Recently, a lot of people have made thousands of dollars from the first @optimismPBC airdrop.

The token is still in it’s very early stages. Here is what you should know about Optimism and how you can position yourself to be eligible for future $OP airdrops.

A thread🧵👇: @optimismPBC 📌 What is the Optimism protocol all about?

According to @VitalikButerin, the Ethereum team didn't plan for the blockchain will be this big. Therefore, Ethereum was not built to facilitate the volume of transactions it currently does within the short time it has been around.