How to Use DeFiLlama to understand DeFi (Tutorial)

📽️ This is the 13th video of the course 'Seb Monty's Solana School - Beginner Level.'

In this video, we'll quickly cover how to earn a return on our tokens DeFi (Decentralized Finance) on Solana with DeFi Llama. 💰

My name is Seb Monty, and this is part of the course designed to take you from 'Zero to Hero,' providing all the blockchain skills needed so you can excel in the Solana ecosystem and hopefully make some profitable crypto trades. 💰🧠

The following topics are explained in simple terms with the walkthrough: 👇🏻

What is DeFi Llama? 🦙💰
Understanding the metrics in DeFi Llama 📊📈
Various protocol ratings ⭐📋
Kamino finance 🌊💰
Raydium token 🛸💎
Orca token 🐋🪙
Pancake token 🥞🪙
Divergence loss 📉❌
The importance of learning DeFi 📚💡

📅 Important note 21 Aug 2023:
Every day for the next 6+ weeks, a new video will be uploaded to help you understand Solana & Crypto.
Keep an eye out for links to the full course so you can seamlessly transition from one video to another. Coming very soon & 100% FREE! 🔍
What is an aggregator?

Link for the full course:
https://youtube.com/playlist?list=PL-NLevh5gXjkHH0PaeVamKM4gnGMhiG2h

Who am I?
☆ https://twitter.com/SebMontgomery

Who do I Stake my SOL with?
☆ https://twitter.com/Validatorcom

What is my Profile Picture?
☆ https://twitter.com/DegenApeAcademy

⏰Timestamps⏰
00:00 - Intro
00:22 - What is DeFi Llama?
00:54 - Understanding the metrics in DeFi Llama
02:29 - Protocol ratings
02:56 - Kamino finance
03:22 - Raydium token
04:41 - Orca token
05:19 - Pancake token
05:48 - Divergence loss
06:41 - The importance of learning DeFi
07:03 - Next video - Harvesting rewards and removing illiquidity from Orca

Links:
Phantom Crypto Wallet: https://phantom.app/
DeFi Llama: https://defillama.com/
Coingecko: https://www.coingecko.com/
Kamino Finance: https://app.kamino.finance/
Raydium protocol: https://raydium.io/
Orca protocol: https://www.orca.so/
Binance exchange: https://www.binance.com/en/activity/referral-entry/CPA/incremental?ref=CPA_00R34Q8Y0Q
Binance Code: CPA_00R34Q8Y0Q
__________________________________

Disclaimer: I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards before you put your hard-earned money to work. Nothing is financial advice.

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