Exploring DeFi Culture: Where To Stay Updated
| KEY TAKEAWAYS: |
| — From lending or borrowing money to trading your digital assets, DeFi applications allow you to do everything without relying on a central entity. — DeFi is exciting but it can also be overwhelming if you do have the right resources to follow. — This is why we have put together this article to provide you with a comprehensive beginner’s guide. — You will find the best web media, podcasts, newsletters, and more that will help you in your DeFi journey from the very beginning. So, get ready to bookmark some of the best DeFi stuff on the internet. |
Looking to get into DeFi but don’t know where to start? We’ve put together a DeFi beginner’s guide to help you on your journey!
If you’ve been a customer of a bank that restricted your access to your hard-earned money or if you’ve experienced the horrendous process of asking for a loan, you know the legacy financial system does not really favor people. It favors those who are centrally controlling our funds, and you have little say as a customer.
Altogether, DeFi creates a people-centric financial system that has less room for corruption and mismanagement. It offers every user equal rights and provides them with the freedom to control their funds and transact as they wish.
That’s all good and well, but there are so many platforms and projects to choose from.
So how do you know which newsletters to follow and which media channels to track?
Trust our words, that was each and every one of us when we first stepped into DeFi for the first time. To navigate the DeFi world with ease, you’ve got to understand its culture. And to understand its culture, it’s important to consume the same content as the rest of the DeFi market.
The Best Ways To Follow Decentralized Finance (DeFi): Explained
Do you dislike some people just because of what you’ve heard about them from others? Once again, that’s most of us. That can exactly be the case with DeFi if you consume the wrong content. It can get more complex, and you’d end up getting frustrated.
Web3 culture is easy to get into if you’re plugged into the correct channels, and DeFi is the same as any other crypto sub-culture. So, to get you started with DeFi culture, there are a few key channels to receive up-to-date information.
DeFi News Via Trusted Web3 Media Channels
Following the most trusted web media in the DeFi space is one of the easiest ways to stay updated. Whether you’re looking for the latest news, educational blogs, or DeFi data, it’s all there. You just need to look in the right place. Here’s our selected few:
1. DeFiLlama: DeFiLlama is one of the most popular and comprehensive platforms if you’re looking for data on DeFi applications and tokens. Its home page offers an overview of the entire space and lists all projects across various blockchains. You can also filter the content depending on the type of project you’re interested in.
2. Coindesk DeFi Archive: If you’re looking to stay up to date with the latest DeFi News, this is the place to be. Coindesk is a prominent media publication that covers the entire blockchain and crypto industry. Luckily for you, it has a DeFi archive that lists the latest news as it happens.
3. DappRadar: DappRadar is another great comprehensive source for DeFi news, beginner guides, and more. The home page of the website actually showcases multiple sectors of the crypto space including, NFTs, and exchanges. Moreover, you can explore the blog section of the website which has lots of news articles, educational blogs, reviews, and reports.
Top DeFi Podcasts and Radio Shows
If you’re more into listening than reading, you surely do not want to miss out on DeFi podcasts. However, you may want to first learn the basics of DeFi before listening to podcasts as they may get slightly technical for beginners. Here are the ones we think deliver maximum value:
1. The Delphi Podcast: Delphi Digital is a crypto and blockchain research company whose top executives host The Delphi Podcast. They interview prominent stakeholders of the blockchain space to showcase the most exciting innovations. If you want to learn from people who are spearheading the charge of DeFi, then this podcast is surely for you.
2. Bankless: Hosted by Ryan Sean Adams and David Hoffman, crypto investors, and entrepreneurs, Bankless covers several aspects of DeFi through interviews, AMA, explainers, and weekly ROLLUPs. If you’re serious about DeFi and are planning to test out this new financial ecosystem, Bankless will be a valuable asset to your journey.
Top Newsletters Covering Decentralized Finance
Yes, newsletters are still a thing. And if you know about the right ones, they can be knowledge bombs delivered right to your favorite email address. Want to know what we like?
1. This Week in DeFi by DeFi Rate: DeFi Rate is probably one of the best sources for DeFi knowledge. They have a weekly newsletter you can subscribe to and get every week’s DeFi update right in your inbox.
2. Newsletter by The Defiant: The Defiant runs a YouTube channel, which is a great source of DeFi knowledge, but also sends out weekly newsletters that can have anything from interviews to how-to guides and weekly recaps. If you’re looking for a mix of everything, The Defiant’s Newsletter can be an amazing choice.
Decentralized Finance Experts and Social Media Influencers
In the age of the internet, social media influencers play a critical informational role. Thankfully, there are some awesome people spreading the word about DeFi and how disruptive it is.
1. DeFi Dad: DeFi Dad is a core team member of Zapper, a DeFi portfolio management platform. He clearly shares some of the most useful DeFi insights out there. Even his YouTube playlist of DeFi tutorials is highly interesting and accessible to beginners.
2. Finematics: Finematics is one of the most popular YouTube channels for crypto and DeFi education. It has a dedicated DeFi playlist that hosts 34 tutorials to get you started. You may also find Finematics on Twitter to get the latest updates on what’s cooking in the space.
3. Laura Shin: A former senior editor at Forbes, Laura Shin is a renowned name in the blockchain space. She’s an active tweeter and also has a podcast called Unchained that covers all aspects of blockchain and crypto.
DeFi Related Books and Other Reading Materials
If you’re the patient type who prefers to go deep into the subject, then a book, a long-form article, or some DeFi reports will surely fit your needs.
1. How To DeFi: How To DeFi is a book by a widely recognized crypto and blockchain platform CoinGecko. It starts by introducing you to the differences between centralized and decentralized finance and takes you all the way through to mastering DeFi.
2. The Ultimate Beginner’s Guide to DeFi by Decrypt: Decrypt is another popular crypto media publication, and this guide is one of the best 15-minute reads that can get you going in the DeFi space.
3. Reports by Consensys: Last but not least, quarterly DeFi reports by the leading blockchain solutions company Consensys provides you with the best and newest industry insights.
Your DeFi beginner’s guide, your financial freedom
Decentralized finance brings true financial freedom to the individual. As a result, it’s likely to see a gradual and eventual adoption. To get ahead of the crowd, understanding DeFi culture is one of the most important first steps.
While you do that, be sure to make informed decisions and find a place to safely store your crypto assets.
Knowledge is power
