As a Beginner in Crypto I joined Leo Finance to learn more about Investing and Mining Crypto. Some Crypto Terms like NFT's, DeFi are still new to me but I will try to learn everyday.
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If I may offer a little guidance...
NFTs (Non-Fungible Tokens) are, in summary, digital proof of ownership, like a deed to a house or car title that you would register with a government agency... without the need for a third party (government) to verify, as it's all verifiable on the blockchain.
DeFi is decentralized finance.
When you put $$ in a savings account the bank lends it to others for a higher interest rate than they give you. DeFi is a an algorithmic solution to the need for that intermediary. Thus when you lend to a liquidity pool the interest earned is yours to keep in full.
Hope this was helpful. Have a !BEER & some !PIZZA !BRO
Check hive-engine.com for balances of the tokens the commands above reward. 😁
Welcome to Leo Finance and Hive. There are lots of good resources here to teach you about crytpo and the hive blogging platform.
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