Anyone experienced with starting a DAO? Have some questions which YouTube videos can't solve. #blockchain

A saving account that earns interest (the DeFi way). You lock your crypto tokens into a “liquidity pool” (think of a shared piggy bank). The pool lends those tokens to traders who need them, and the earnings are split among all contributors. Interest rates can be much higher because there’s no overhead from a bank. #defi #crypto

DeFi explained without tech talk: Think of traditional finance (banks, stock exchanges, payment processors) as a big centralised mall where every shop is owned and run by a single landlord. To open a store, move money, or borrow cash, you have to follow the mall’s rules, pay fees, and trust that the landlord will keep everything safe. DeFi flips that model upside down. DeFi is like moving financial services from a centrally managed mall to a marketplace open to everyone, where the “rules” are written in code and enforced automatically.

When you keep SEI in a compatible wallet, you can “stake” it. Basically lock it up to help keep the network safe. In return, the network pays you a small reward (like interest on a savings account). Besides using SEI to pay for transactions, you can also earn extra SEI just for supporting the system. 💰 earn money just by holding it #blockchain #defi

Think of SEI as the fuel that powers a special highway built just for buying and selling #crypto assets. Because the Sei blockchain was made for fast trading, transactions move almost instantly and cost only a tiny fraction of a cent. So if you’re running a trading bot or just want to swap coins without waiting minutes or paying high fees, SEI makes that happen smoothly. ⚡ super quick 💵 cheap trades #SEIToken #SeiBlockchain #DeFiTrading

This is Nostr hey...life is pretty good in the world of smart client / dumb server.