#Crypto CRASH Protection #DeFi Derivatives – (Alex Benfield, Marija Matic, Juan Villaverde) WCSS:026

Curated Content by Dan - Coin Cerberus

July 22, 2023


!WAIT! Let Us Guide YOU!

We have a lot of curated content on this blog.
Take this
simple 20 second Quiz to Help You
Find The 
Exact Content You Are Looking For!




For 7 Best DeFi Strategies To Make You Money click https://www.cryptoasset.school/7-defi-strategies — Talking points:
So I want to open this up with a quote from Jim Rohn.
I remember him saying on one of his audio programs that the ants think about winter all summer, and they think about summer all winter.
He says you can observe this in their behaviour. They never get faked out by what is happening. When it’s sunny you can see the ants desperately collecting food and storing it, because they know winter is coming even though the sun is shining bright and they could just be sunbathing.
Conversely, in the winter, they don’t despair, because they know summer is coming back soon.
With that in mind then, let’s think like an ant. Even when crypto prices are booming and the sun is shining, what can we be doing to protect our assets for if and when a crypto winter befalls us.
I started thinking about this more when I came across this new project called Bumper, which is a smart contract based insurance product that works like an option. You take out insurance and start paying a premium, and then if the market crashes, you exercise the option and the insurance pool pays out the amount of USDC that you took out insurance for.
I do not currently know of anything else that does this but maybe you guys do?
https://antimatter.finance/ “Create and trade tokenized perpetual options in a permissionless environment across major blockchains.”
But this is done without price oracles. It’s all arbitrage driven.
These work like the Binance leverage tokens BTCUP and BTCDOWN etc.
A broader question might be, what other defi or smart contract apps are out there now that can do a similar job of hedging our crypto portfolios against price volatility?
This led me to https://coinmarketcap.com/view/options/ which lists 10 different Options tokens. So that's a whole other can of worms I’d need to explore.
How do traditional options markets stay solvent? In an event of systemic collapse, there wouldn’t be enough capital in the insurance pool to cover the entire system. So what’s the deal there?
Does it just rely on (and assume) that there won’t be a systematic level event?
Is it seen as simply “we’ll cross that bridge when we come to it”?
What about using centralised derivatives like on BitMex?
What is the benefit of creating DeFi options and futures?
They say there is nothing new under the sun, and that seems to be true with crypto.
As innovative as blockchain technology is, all we have been doing for the last decade is building better versions of financial products that already exist.
Options and insurance is an age-old finance product, but now it’s just been re-imagined for a blockchain and crypto asset world.
Back to Bumper, while they may not be doing anything new conceptually, what they are doing is making a complex financial derivative like options, accessible to the average investor (which is exactly what crypto and defi is good at).
That’s really the overall opportunity of crypto, to re-invest every aspect of the traditional financial system using this new technology infrastructure, and that's why one opportunity after another keeps coming along. The Cryptoverse features reading the news from various sources. Each episode lasts approximately 15 minutes and includes my moral, ethical and philosophical interpretation of current events. If you’d like to be kept up to date on Bitcoin, cryptocurrencies and blockchains by someone who believes in the free market, equality of opportunity and the value of education then subscribe to The Cryptoverse today. Video Source https://www.youtube.com/watch?v=fOIH-0KUAPs

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.


Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.

Click Here To Watch A Tutorial Guide On How To Use Coinbase

Make Money Online

 Cash Network & Affiliate Training

Trust me here… If you’re like many Internet marketers, you can’t help drooling when you peruse the famous (and quite addictive) ClickBank marketplace.

From just the front page of the
marketplace ClickBank’s clients will earn close to One Hundred Million Dollars this year! As you click from page to page, your eyes get wider and wider... your heart starts pounding...

… and your jaw drops to the floor when you start to see the incredible popularity, the gravity, all those product pitch pages…

Check out the video to learn more...

What you’re about to see is not a joke... It’s not a lousy ploy. This is truly a dream come true... I am about to give you something so exciting and SO valuable you may not be able to keep it to yourself.

BUT, I need you to please keep this a secret until you see what I’m talking about.

I cannot risk something like this getting out to the public. At least not this early… Follow the link below to finally realize what it feels like to have control. Feel your dreams come to life! 

Don’t believe me? See for yourself.  If you don’t act quickly, I’ll have to pass this along to someone else who is willing to create a better life for themselves.

I have a feeling you’re going to love this :)


Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 

In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.



Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 

Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.

It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 


Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.

The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.

While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.


Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.

Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.

One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Altcoins, Buy Altcoins, Crypto, Cryptocurrencies

You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}