MONSTER Altcoin Gem (MOST Bullish DeFi Project May 500x) - YouTube

Channel: BitBoy Crypto

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So you missed the last DeFi bull run
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or haven't made crazy gains with Aave, Yearn Finance or Synthetix.
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You're not the only one.
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The rally came out of nowhere and shocked the crypto space
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with its earth-shattering explosive parabolic moves.
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Some thinks it's over DeFi.
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Although if you're watching this channel,
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you know we ain't stopping there.
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It's time to unload the next DeFi gem for you.
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Heigh-ho! Heigh-ho!
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It's off the gains we go!
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Let's get it!
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BitSwap is the hottest new way to trade tokens.
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Crawling all the top decentralized exchanges,
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BitSwap gets you the very best price and value for your trades.
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BitSwap is changing the game.
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Try it now at bitswapdex.io.
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Welcome to BitBoy Crypto! The No. 1 crypto channel in all the Interwebs.
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My name is Ben.
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Everyday on this channel, I show you how to make money in cryptocurrency.
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If you like money and crypto, then make sure to hit that subscribe button and smash the like button
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if you like uncovering gems.
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This lets YouTube know that you're digging DeFi
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and you want to know what the future of finance is going to be.
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In today's video, we're going to take a look into the future of DeFi and explore a blue chip
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which is backed by the same hedge funds supporting Aave, Yearn Finance and Synthetix.
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And just so everybody's clear about this,
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I've never spoken to the team and this is in no way a sponsored video.
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It's just a super investigative piece about the next big thing.
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Centralized finance wants to be in charge of figuring out who rules the world and deciding who is rich,
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who's richer and who's destined to stay poor.
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Of course, it's the majority.
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In crypto, we believe in decentralization.
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This means the community, the people, are in charge of our own future.
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Our own wealth.
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Everyone saw GameStop flying through the roof.
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WallStreetBets, a Reddit community focused on investing into stonks,
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brought it to the attention of the space,
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as greedy institutional investors shorted the stock immensely,
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which, if successful, would have resulted in the complete destruction of GameStop.
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The Reddit vigilantes then repeated this with other stonks, like AMC, BlackBerry and others.
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This is another example of CeFi deciding what lives and who gets BitConnected.
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WallStreetBets took it into their own hands
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and gave a strong push back into the current centralized finance structure.
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GameStop, of course, flew to Mars with the support of Elon Musk
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and other large media personalities who supported the rebellion.
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One can see now what a single group can achieve by striving toward one common goal---
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fighting centralized finance
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and catching them with their pants down.
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Ugly sight.
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But wait,
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we're in crypto, not decentralized finance world, right?
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Have you seen what the same group did with Dogecoin?
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They made it pump 10X, 1,000% in less than two days.
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Guess what,
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all the ones who made profit off of those sick gains are searching for the next big thing.
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And I can tell you, they're definitely looking toward DeFi.
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The success of Aave, Yearn Finance and Synthetix
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shows the interest of enterprises and retail investors in decentralized finance,
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and, well, that's only the beginning.
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The rigged financial system is yearning to be replaced as soon as possible,
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and there's many systems being built to do just that.
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With all the economical and political drama going on,
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DeFi has been killing it the past 12 months.
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New groundbreaking protocols were built in the bear market and exploded
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even before the market sentiment turned bullish.
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The most outstanding ones, of course, are Aave and Synthetix.
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Aave made an insane 260X!
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And Synthetix, an astronomical 407X in less than a year!
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This is DeFi, ladies and gentlemen, and this is only the pregame party.
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Let's check DeFi Pulse stats.
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In one year, the total locked value went from $550 million to a whopping $37 billion, a 67X!
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Huge investment funds like Grayscale, NGC, Framework and Coinbase Ventures
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are betting big on DeFi as the leader in this bull run.
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The trend is your friend. Remember that.
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The BitBoy Crypto research team,
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or that room you've seen from my screens called Super Secret Club,
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is tirelessly searching for the next parabolic mover, and, as we know, DeFi is a hot topic.
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Few days ago, we came across a project which turned out to be the missing puzzle piece
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to the Yearn and Aave DeFi kingdom.
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It opens up the doors to yield farming for average investors and whales in just a few clicks,
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promising to make DeFi easy.
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It's called APY Finance and the ticker, APY,
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a plug and play solution for investors which routes funds to the best yield farming strategies.
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One won't have to search for options himself and worry about changing yield aka returns.
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It's all automated and is essentially an aggregator of DeFi.
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What's more, this new project, APY Finance, is already connected
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to all the leading DeFi protocols such as Uniswap, SushiSwap, Aave, Compound, Curve, Yearn, Synthetix,
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dYdX and more.
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You deposit DAI, USDC or Tether stablecoins,
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and it finds the best risk reward yield farming strategy options for you.
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APY even spreads out the risk by routing your funds to multiple farms.
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This way, smart contract risk is way lower and the yield higher and more sustainable.
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The gas fees for transactions, pool deposits and withdrawals
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are seven times lower than at Compound, Curve and Yearn Finance,
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which, of course, is a game changer
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as gas fees are skyrocketing on Ethereum.
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Now, on to the founder and the lead developer.
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The founder and CEO, Will Shada, is an OG developer who has won multiple hackathons
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including Consensus Quorum,
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ConsenSys NYC Grants,
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ETHBoston,
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Uniswap Prize for HackMoney 2020
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and more.
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He's an experienced and skilled developer with some strong connections,
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which, of course, we're going to discuss below.
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The second lead developer of APY Finance,
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Chan-Ho Suh,
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has worked as a Capital One quant developer.
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Capital One aka the financial corporation with a revenue of $34 billion
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specializing in credit cards, auto loans, banking and savings accounts.
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I can't imagine better backgrounds for DeFi engineers.
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The project is also backed by well-known hedge fund whales such as CoinGecko--
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yes, the largest cryptocurrency ranking website after CoinMarketCap--
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Alameda Research--
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remember that one--
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Rarestone Capital,
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Cluster Capital,
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Arrington Capital,
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Vendetta Capital,
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DeltaHub,
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Master Ventures,
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WolfEdge Capital,
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BlackEdge Capital,
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The LAO,
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Genblock Capital,
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TRG Capital,
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Twelve Capital,
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White Palm Ventures--
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basically everybody else under the sun.
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But I would be here listing them all day.
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They tried to hide it, but we found it all.
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Some of these venture capitals have a lot of connections that have a lot of voices in this space.
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And, of course, I don't want to end up getting killed, so I'm not going to tell you who they are right now.
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But the thing is,
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is that these VCs are pushing a lot of projects.
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And I will say that all of these are betting on APY Finance,
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so I'm looking deeper into it.
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The mainnet is launching anytime now.
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The team is even aiming for this quarter.
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Now, APY has a market cap of only $15 million with a token price of 90垄,
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which is over 60X away from Yearn Finance's market cap
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and an astonishing 407X away from Aave's.
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According to the team, APY has a tier-1 listing ahead of it with its mainnet launch,
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which makes me even more bullish.
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And it's pretty easy to tell which CEX, or "CEX", will most likely be first to list it---
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FTX Exchange, as it is tied to Sam, who's behind Alameda Research,
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which is invested in APY, as we already mentioned.
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For anyone who doesn't know who Sam is, he's one of the most influential people in crypto
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and a self-made crypto magnate.
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He's even earned a spot at Forbes 30 Under 30 recently as well.
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Now, of course, I have not been contacted for the 38 Under 38.
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With such large backing, I have no doubt they will get a top tier exchange listing before you know it.
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Now, I also got a strong feeling that there'll be an Aave and Yearn Finance scaling solution
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as investors seek for the best yields and least risk, with importantly a solution which is easy to use.
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Interestingly enough, Hacker Noon, a blog which is known for predicting upcoming trends,
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wrote a dedicated article on APY Finance
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and another article on yield aggregators being the next big thing in DeFi mentioning the project again.
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APY is still somewhat under the radar,
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but, of course, after this video, it won't stay there for much longer.
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We see you, BitSquad.
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DeFi is warming up for its second parabolic run,
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and the BitBoy Crypto team is striving to pick the winning horse before the race even get started.
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What do you think?
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Which projects will have the biggest potential to pull an Aave or Synthetix type run during this bull cycle?
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Make sure to drop your comments down below.
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Also, of course, make sure to smash the like button on the way out if you like this kind of content.
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That's all I got.
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Be blessed.
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BitBoy out.