Top Defi Platforms for 2022 (200% Crypto Gains For MAX Profit) - YouTube

Channel: BitBoy Crypto

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it's 2021 draws to a close it'll be easy
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to forget just how far the crypto space
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has come in the past 12 months and you
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know what it feels great because after
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years out in the wilderness crypto is
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having a simba moment poised and ready
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to stake its claim is the future of
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finance
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think about it wasn't long ago they
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called us crazy times have changed the
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world is waking up to what we've always
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known is inevitable
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one of the biggest shifts we've seen is
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the incredible rise of defy something
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that was only theoretically possible
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just a few years ago today it's worth a
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quarter of a trillion dollars and it's
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just getting started in this video we'll
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be looking at some of the top divi
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projects you need to know about to
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supercharge your gains in 2022 let's get
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it
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welcome to bit boy crypto home of the
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bit squad the largest and greatest
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crypto community on all the interwebs my
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name is ben every day on this channel i
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show you how to make money in crypto if
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you like money and crypto then make sure
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to hit that subscribe button if you want
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to go deeper into crypto please make
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sure to check out bitlab academy.com
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first up is a crypto blue chip ave an
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open source and non-custodial liquidity
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protocol for earning interest on
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deposits and borrowing assets in d5
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years of is one of the grandfathers in
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the space
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in fact to start off back in 2017
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is something called
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and this was back when devi didn't even
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exist it's the brainchild of finnish
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wonderkid stanikulichov who is easily up
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there with some of the most prodigious
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minds in crypto today ave is the number
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one multi-chain divi protocol out there
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with over 11 billion dollars in total
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lock value
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it hasn't just stood the test of time
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ave has aged like a fine mold wine
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the pioneer of devi protocols allows
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users to borrow and land in a range of
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about 30 crypto assets one of its
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flagship products is flash loans the
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first uncollateralized loan option in
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the device space designed for developers
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flash loans allow users to borrow you
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guess it in a flash with zero collateral
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required and only one condition
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the liquidity is returned to the pool
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within one transaction block
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failing that the entire transaction is
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reversed making avei one of the safest
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most secure protocols out there for
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anyone looking to begin their device
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journey you really can't go wrong with
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this absolute giant of the space
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next up a stack of fluffy and delicious
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device served up on the binance smart
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chain our old friend and perfect way to
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start your day pancake swap pancake swap
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is the most delicious automated market
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maker or amm in the game
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and with over 5 billion in tvl it is far
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and away the leading decks on the
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binance smart chain easily living up to
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its name by flipping the binance decks
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its rise this year has been incredible
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and it's gone hand in hand with its deep
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liquidity and awesome features
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things like syrup pools pancake swaps
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answer to staking yield farms and ifos
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which are initial farm offerings plus it
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incentivizes liquidity with things like
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lotteries prediction markets as well as
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nft collectibles
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pancake swap gamifies a process of
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making your crypto work for you and wow
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look at that sweet apy
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all in all pancake swap is easily one of
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the most complete divi projects in the
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space with one of the easiest to use
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user experiences around its native
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governance token cake went on an insane
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rally early this year as protocol began
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its rapid rise in popularity people went
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on a frenzy of yield farming today it's
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sitting beautifully in a zone of serious
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support if you aren't counting carbs and
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looking for a high quality token that
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seems to have found a bottom
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well you could do a lot worse than
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feasting on some cake in the new year
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number three radium an automated market
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maker amm and liquidity provider built
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on solana for the serum decks offering
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light speed swaps next level liquidity
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and frictionless yield for anyone who
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hasn't tried it out well you've got a
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lot to look forward to there's no doubt
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about it radium is the best looking
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divide protocol out there the clooney of
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crypto
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the swap feature is seamless and the
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interplay with sarah means you get best
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price swaps either within a liquidity
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pool or through the serum order book
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whatever is the best deal gets instantly
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executed
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radium's farming protocols covers a wide
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range of liquidity providers because the
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amm communicates with sarum's central
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limit order book you can trade salon in
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native tokens as if you were on your
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favorite centralized exchange it's even
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got a beautiful nft marketplace for the
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seoul ecosystem its native token ray
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offers a series of perks to holders too
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including generous staking options as
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well as access to token launch events
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radium farms
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radium has grown as impressively as
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early backer sam bankman freed gloria's
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head of hair and let's face it bang
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against sbf is one of the dumbest things
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an investor could do
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if you've not experienced the speed of
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defy on solana
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well treat yourself this year
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radium's slick design insane handling
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makes it one of the true lambos of d5
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protocols comment below with the exact
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mate model and color of the lambo you've
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got picked out or maybe you already own
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i've got a huracan performante and if
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you stay in crypto for four years or
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more
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you can show me your lambo at the next
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bitboy meetup
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go ahead and smash that like and
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subscribe button to get the latest in
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crypto news and education
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if you need the finest of wines avocados
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or chocolate covered pretzels
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you go to trader joe's if you need to
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swap some tokens or want some choice to
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buy you visit the one-stop shop for
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decentralized trading in the avalanche
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ecosystem
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trader joe
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while the grocery store of the same name
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is basically just a cheap version of
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whole foods this divi play is the cream
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of the crop what's the second best
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avalanche d5 protocol there is no second
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best there's an avalanche device
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protocol it's called trader joe
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so what do we mean by one-stop shop well
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joe is not simply a dex for swapping and
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trading it also offers a range of device
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features including staking yield farming
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lending and community governance
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plus it's got an awesome feature called
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zap which allows users to convert tokens
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into lp tokens with a single click
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relatively new kid on the block joe has
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had an incredible rise in the past 6
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months
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it was the 12th decks launched on
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avalanche but quickly rose to the top
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from 20 million in tvl in august to over
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2 billion today that's 23 percent of the
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entire ecosystem an ecosystem that
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itself has exploded in recent months
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driving a huge amount of venture capital
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in a super loyal community their lending
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service
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banker joe lunge back in october with an
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integration from would you look at that
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chain link which allows users to earn on
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their assets by loaning out via
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non-custodial pools or putting up
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collateral to borrow against is a
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weirdly named co-founder xerox murloc
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put it banker joe is an essential step
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toward our vision of turning trader joe
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into a one-stop shop divide trading
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platform
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why
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well this is super cool baker joe's
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lending protocol combines with the decks
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to offer non-custodial leveraged trading
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because users can deposit their tokens
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as collateral to borrow more tokens of
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another class
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it's no surprise then that joe has seen
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such an incredible rise in the past few
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months
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and with avalanche fast becoming one of
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the top player one blockchains around
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that only looks set to continue
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finally one for the nerds ocean protocol
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ocean helps users unlock the true value
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of their data by monetizing it through
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erc20 data tokens
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data tokens you ask well they
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effectively wrap a data set into an
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erc20 standard for third parties to use
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without the data itself ever leaving the
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hands of the publisher this means
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publishers can cash in on data in a
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private secure way allowing customers to
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gain access to data sets that were
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previously out of reach
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that's thanks to ocean market where data
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sets can be bought and sold
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think of it as the open sea of data
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crucially none of it's stored on the
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network itself
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buyers purchase an encrypted reference
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secured by smart contracts
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so it only unlocked when transactions
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are finalized
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basically a dex for data
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when you publish a data set you create
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an ido initial data offering complete
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with its own unique erz20
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publisher can set the price or let it be
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auto-discovered using ocean's balance or
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powered amm
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meanwhile ocean stakers can provide
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liquidity to pools as well as earn a
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portion of the transaction fee so you
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can earn by staking selling as well as
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launching your own marketplace seriously
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impressive stuff
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the beginning of a new kind of
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decentralized data economy that levels
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the playing field between giant
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corporations and your everyday developer
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something that sits at the heart of what
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blockchain and web 3 is all about
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don't say i didn't warn you
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ocean is set to make serious waves
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that's all i got be blessed
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[Music]
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you