Make Your Crypto WORK FOR YOU! (Wingriders Review)
Use your crypto holdings to earn rewards by staking, liquidity providing and farming on the Wingriders Decentralized Exchange, built on the Cardano Blockchain.
This video explores the DEX in detail, including how to link your crypto wallet.
Crypto Courses, Events & More: www.cryptofluency.com
Minswap Video on Youtube: IMPERMANENT LOSS On Crypto DEXs - Is It Really That Bad? Watch here: https://www.youtube.com/watch?v=Khfqf_drBDM
Chapters:
00:00 - What is Wingrider’s Relationship to the Cardano Blockchain?
03:40 - What is Cardano’s Scientific Review Process for Establishing Security?
04:45 - What is Wingriders? A First Decentralized Exchange (DEX) on the Cardano Blockchain
06:16 - How to Line Up Your Crypto Wallet and Swap Tokens on the Wingriders DEX
07:00 - Liquidity Pools and Stable Swap Pools in Wingriders
08:25 - Using the Wingriders Discord Server to Access Announcements, Tech Updates and Partnerships
10:10 - Finding & Participating in Farming Pools on the Wingriders DEX
14:28 - How to use a Wingriders First Rider FT to boost rewards & earn WRT Tokens
17:52 - Why Governance is valuable on a DEX and how you can participate in governance
18:57 - An Overview of Wingriders Tokenomics
20:00 - Finding APR Reward Breakdowns of different Yield Farm Participation and understanding how many rewards you have received.
25:52 - What is Impermanent Loss and how can it affect your crypto portfolio when liquidity providing?
31:25 - Exploring the Daedalus Wallet and how it connects to the Wingriders DEX on the Cardano Blockchain
34:23 - How to get starting investing in Crypto using research and small investments.
38:20 - The Best Tools for Evaluating the Cryptocurrency Market, Including TradingView
39:00 - Upcoming Money Lending and Dapp Opportunities on Cardano
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