[WATCH] Defining DeFi: Breaking Down DeFi and Yield Farming with the CEO of SaBi African Crypto Exchange

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It looks like everywhere you look in the crypto space, DeFi is the talk of town and seems to be taking over the crypto space.

So far, DeFi platforms like UniSwap have reported volumes that compete with established exchanges and the trend does not seem to be slowing down anytime soon.

Despite the high risks associated with DeFi tokens, with obvious losses, the evolving space also offers a lot of innovative opportunities when it comes to lending and borrowing.

In an eclusive webinar call, BitKE got to chat with Lucky Uwakwe, the CEO of SaBi Exchange, the only African exchange to so far list the largest number of DeFi tokens, to help demystify and explain the concepts fueling the DeFi space.

SEE ALSOSaBi Exchange Becomes the First African Exchange to List Over 18 DeFi Projects as Locked Assets Surpass $9 Billion

Some of the topics Lucky discussed include:

  • DeFi vs Traditional Banks – Why DeFi is superior to traditional lending and borrowing
  • DeFi Pool mechanics – How DeFi helps maximize value for money
  • Yield Farming – Smart contracts that move crypto across DeFi for maximum returns
  • Yield Farming vs. Hedge Funding – How DeFi is disrupting the hedge funding industry

Check out the interesting discussion above.

 

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