I recently talked to you about non-fungible tokens, or NFT’s, back on Monday. In that video, I explained what NFTs are and how they are being used to change the worlds of gaming and collectibles, as well as the potential they have to bring blockchain to the mainstream. What I didn’t mention is how DeFi and NFTs have recently been combined in what is the latest craze in the crypto space, as a lot of people are making massive gains by using NFTs to Yield farm. Today, I will be explaining how you can do it too. Trust me, DeFi and NFTs are the best duo since Shaq & Kobe.
$MEME is an experimental protocol that originated from a joke by Jordan Lyall. It is a DeFi-like protocol that allows investors to farm for collectibles rather than farming for yield. After these NFTs are farmed, they can then be sold on an exchange for crypto. In a world that is getting more digital every day, NFTs and Meme Coin are up next.
0:00 – Intro
0:55 – MeMe/NFTs
3:09 – Open Sea
6:04 – Aavegotchi
7:34 – Outro
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