DeFi 101 & Ethereum Merge Explained w/Defi Donut | S1 E1

On the very first episode of Rehash, we’re chatting with YouTuber and DeFi educator Kris Kay (aka Defi Donut).

We start off the episode by getting to know Kris, his background, and how he got into crypto. Kris then answers some of the beginner crypto questions like, “what is the difference between crypto and web3?” and “what is DeFi?”

Then, we get into some more complex topics including crypto culture, DeFi trends, proof of work vs. proof of stake, and important things you need to know about the upcoming Ethereum merge. Finally, Kris looks to the future and shares what he’s most excited about next for DeFi, and gives us some tips on how to get started in crypto.

To continue this conversation and stay up to date on all things Rehash, you can follow Diana on Twitter @ddwchen and Rehash @rehashweb3. You can follow our guest, Kris, @thekriskay.

⌛ TIMESTAMPS:

0:00 Intro

0:45 Kris’s Background

3:32 Crypto vs. web3

6:04 What is DeFi?

7:37 How DeFi can improve the ways we interact with money

11:16 Trends in defi

14:28 Basics of DeFi

15:34 Defi culture vs. NFT culture

18:10 Proof of work vs. proof of stake

22:55 Liquid staking

24:12 Important things to know about the ethereum merge

29:01 The future of DeFi

30:42 Regulation of DeFi

31:54 How to get onboarded to DeFi?

34:17 Follow Kris!

DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.