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Hold CRYPTO & Need a LOAN? Don't SELL Before Watching This Video! Stay LONG with LIQWID Finance
Decentralized Finance is a rapidly growing space, with protocols offering crypto money lending and borrowing in decentralized ecosystems. This is great news for crypto investors and holders who want to leverage their holdings for loans or to earn interest by providing liquidity. Today’s video is a review of Liqwid Finance and how defi money lending works with a demo of the Liqwid dApp and documents.
Remember, this video is not financial advice. Blockchain is a new frontier, and our content is meant to be educational, introducing you to new concepts. You should always do your own due diligence and research, be responsible for your own decisions and keep a solid eye on your assets.
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CRYPTOFLUENCY Website:
Blockchain Blueprint Course with Derek: https://cryptofluency.com/op/blockchain-blueprint
No commitment. No credit card sign-up. Nothing to lose. This course is 100% FREE. Over three hours of content.
Fast Track Members Group: https://cryptofluency.com/sp/fast-track/
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HELPFUL LINKS:
Liqwid Finance Website: https://liqwid.finance
Liqwid Finance dApp: https://app.liqwid.finance
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CHAPTERS:
00:00 Why is Decentralized Finance (DeFI) on the rise?
01:40 How do Decentralized Exchanges (DEXs) work compared to centralized exchanges?
03:33 What is decentralized money lending?
06:45 What is Liqwid Finance, and what does it do?
11:00 What are Liqwid Aquafarmer NFTs and what is their utility?
13:42 What is a non-custodial liquidity protocol for lending and borrowing?
17:36 How does decentralized money lending work on Liqwid Finance?
20:30 What is Liqwid?
26:14 What is the Cost of Using the Liqwid Protocol?
27:28 What is the Liqwid DAO Token?
27:49 How are loans supplied and lent on Liqwid Finance?
29:26 How much can you borrow on a decentralized crypto money lending loan?
31:25 Why would you need a decentralized finance loan?
34:27 A big mistake to avoid when taking out a crypto loan.
35:58 How to repay a crypto defi loan.
38:28 A Review of the Liqwid Finance dApp and its lending and borrowing tools.
49:15 Ways to get involved with the Liqwid Finance protocol on Cardano blockchain.
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