Web3 & DeFi Starter Pack 🧵

Crypto? DeFi? Blockchain? It’s a lot. But don’t stress—here’s a quick and simple guide:

Empowering people through Web3 & DeFi to own their data, finances & future | Building a resilient, decentralized world of true sovereignty. 🌎✨

What is Web3?
The internet, but owned by users. Powered by blockchain, Web3 removes middlemen and puts control back into your hands through decentralization, digital assets, and smart contracts.

Crypto, Altcoins, NFTs
• Crypto: Digital assets on a blockchain
• Altcoins: Any crypto that isn't Bitcoin
• NFTs: Unique digital assets with verifiable ownership

Ownership = Web3's Superpower
In Web3, you own your data, assets & identity. No centralized control-just pure digital sovereignty.

Consensus Mechanisms
• PoW (Bitcoin): Mining-based security
• PoS (Ethereum 2.0): Staking-based security
Both ensure decentralization & trust.

Crypto Wallets 101
• Hot Wallets (MetaMask, Phantom): Easy but online.
• Cold Wallets (Ledger, Trezor): Secure but offline.
Own your keys, own your crypto! 🔑

DeFi Use Cases
• Lending & borrowing
• Yield farming & staking
• Decentralized exchanges (DEXs)
• Stablecoins for payments
• DeFi insurance

Stablecoins = DeFi's Foundation
• USDT/USDC: Centralized, pegged to USD
• DAI: Decentralized, backed by crypto
They bring stability to the volatile crypto space.

Lending & Borrowing in DeFi

Platforms like Aave & Compound let you lend crypto for interest or borrow against assets—no banks needed.

Al is about to reshape Web3 in a major way.

From automation to decentralized intelligence, Al is set to change how Web3 operates.

DeFi 101 = Finance Without Banks

DeFi removes middlemen, letting you borrow, trade & earn yield with just a wallet. Open, permissionless & global.

Staking = Passive Income

Staking is like putting your crypto to work. You lock up tokens to help secure the network, and in return, you earn rewards—kind of like earning interest at a bank, but decentralized.

DAI = Decentralized Stability

DAl is a stablecoin backed by crypto collateral.
Unlike USDT/USDC, no central entity controls it.

Trading Tokens: Know the Basics
• Spot Trading: Buy/sell at market price
• Futures/Options: Speculate on prices
• Liquidity Pools: Provide assets to earn fees

What is a Blockchain?
A blockchain is a digital record that can't be changed-kind of like a public receipt that tracks transactions. It's decentralized, meaning no single person or company controls it.