How to Earn Interest Saving Stablecoins with mStable

https://www.youtube.com/watch?v=2FL7sw_EqcY
This video tutorial is about how to earn the native interest rate by saving stablecoins with a newer DeFi app called mStable. mStable provides zero slippage 1:1 swaps for USDC, DAI, USDT, and TUSD, currently for a trading fee of 0.1%. Liquidity providers can earn a combination of interest and market-making fees, which provides competitive rate of return, averaging about 30% APY the last 7 days as of June 28, 2020.

This is another example of how to “farm yield” in DeFi by depositing your stablecoins, letting others swap between them in mStable, and earning a % of trade fees on top of accruing interest.

DeFi Dad walks us through the following:
🤓What is utility of mStable and why is mUSD a hedge against stablecoins failing
🤓How to mint mUSD (worth $1 as a basket of stablecoins)
🤓How to SAVE mUSD and earn the mStable native interest rate
🤓How to withdraw mUSD from earning interest + redeem mUSD for stablecoins
🤓The risks of using mStable

To learn more and try mStable yourself, go to: https://mstable.org/

For more Bankless video tutorials, check out: https://www.youtube.com/playlist?list=PLmkdAgtxf3aiduauYPPqUWqpMmAXm2vt5

Video by: @DeFi_Dad
Follow @DeFi_Dad on Twitter
For more DeFi Dad tutorials aside from Bankless exclusives, subscribe to DeFi Dad DeFi Tutorials on YouTube: https://www.youtube.com/channel/UCatItl6C7wJp9txFMbXbSTg

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Disclaimer & Risks: mStable did not pay DeFi Dad to produce this video. This is not financial advice and you should approach all DeFi applications, wallets, and protocols with caution. Please be aware there is always risk in using DeFi, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), and potentially admin risk (admin key compromise, governance vulnerabilities). Also, with mStable, you should consider the risk of a stablecoin peg failing and a loss of liquidity in any stablecoin if LPs or traders were to trade/withdraw all of any of the 4 stablecoins. One ideally has to be willing to have exposure to any of the 4 stablecoins in the pool (DAI, USDC, USDT, TUSD).
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https://monolith.xyz/

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https://aave.com/

📈MULTIS – BANK YOUR BUSINESS W/O A BANK! (1 MO TRIAL – JUMP QUEUE WITH “BANKLESS”)
https://multis.co/
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—–
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We’ll always disclose when this is the case.

How to Farm Yield with Stablecoins Using Curve Finance

https://www.youtube.com/watch?v=fGxTwm-rf1s
This video tutorial is about how to earn market-making fees as an LP (liquidity provider) in Curve. This is another example of how to “farm yield” in DeFi by depositing your stablecoins, letting others swap between the stablecoins in Curve, and earning a % of trade fees.

DeFi Dad walks us through the following:
🌀What is Curve and how does it work as a stablecoin DEX, earning yield for LPs (aka yield farmers)
🌀Which of the stablecoin pools might I choose to be an LP
🌀How to deposit stablecoins into a pool and become an LP
🌀How to withdraw stablecoins whenever you like
🌀The risks of being a Curve yield farmer

Curve Finance is a stablecoin DEX that allows traders to swap nearly 1:1 between the most liquid stablecoins on Ethereum: DAI, USDC, USDT, sUSD, BUSD, PAX, and BUSD. The goal of Curve is to provide permissionless trading of these stablecoins. You can imagine holding DAI, but wanting to trade into USDT to lend on Compound and earn COMP. You’d go to Curve first and swap DAI for USDT.

To learn more and try Curve yourself, go to: https://www.curve.fi/

For more Bankless video tutorials, check out: https://www.youtube.com/playlist?list=PLmkdAgtxf3aiduauYPPqUWqpMmAXm2vt5

Video by: @DeFi_Dad
Follow @DeFi_Dad on Twitter
For more DeFi Dad tutorials aside from Bankless exclusives, subscribe to DeFi Dad DeFi Tutorials on YouTube: https://www.youtube.com/channel/UCatItl6C7wJp9txFMbXbSTg

—-
Disclaimer & Risks: Curve Finance did not pay DeFi Dad to produce this video. This is not financial advice and you should approach all DeFi applications, wallets, and protocols with caution. Please be aware there is always risk in using the Compound, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), and potentially admin risk (admin key compromise, governance vulnerabilities). Also, with Curve, you should consider the risk of a stablecoin peg failing.
—-

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/
✊STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI
❤️JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O
🎙️SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
—–
GO BANKLESS WITH THESE SPONSOR TOOLS:

💸 RAMP – FIAT ONRAMP FOR DEFI (ONRAMP $100k FREE WHEN YOU MENTION BANKLESS)
https://ramp.network/

💳 MONOLITH – GET THE HOLY GRAIL OF BANKLESS VISA CARDS
https://monolith.xyz/

🌈AAVE – LEND & BORROW YOUR CRYPTO W/O A BANK
https://aave.com/

📈MULTIS – BANK YOUR BUSINESS W/O A BANK! (1 MO TRIAL – JUMP QUEUE WITH “BANKLESS”)
https://multis.co/
—–

Don’t stop at the video!

Subscribe to the Bankless newsletter program
http://bankless.substack.com/

Visit the official Bankless website for resources

Bankless – The ultimate guide to crypto finance

Follow Bankless on Twitter

Follow Ryan on Twitter

Follow David on Twitter

Follow DeFi Dad on Twitter

—–
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. We’ll always disclose when this is the case.

#1 – Ether: A New Model for Money – Read by David

https://www.youtube.com/watch?v=mXfvLlfKHp0
1. Ether: A New Model for Money 👈👈You are here👈👈
https://bankless.substack.com/p/ether-a-new-model-for-money
Read Aloud:

Presentation at Ethereal:

2. Ether is Equity
https://bankless.substack.com/p/ether-is-equity
Read Aloud:

3. Ethereum is an Emergent Structure
https://bankless.substack.com/p/ethereum-is-an-emergent-structure
Read Aloud:
https://youtu.be/XFTM_NHReC4