FYR047 What is Defi with Ben Knaus and Ted Theodore

Fund Your Retirement Podcast

What is Defi, what is yield farming, what are Dapps, what are Daos, and what are stable coins are just some of the questions that today’s expert guests answer, Ben Knaus and Ted Theodore.

This episode promises to open this new digital asset space that has the potential to completely change so many areas of our lives.

Ben Knaus is the Chief Growth Officer for Sch0lar.io Ben’s origins in digital assets started with investing early in projects like: BTC, ETH, AVAX, DOT, ADA etc. Since Ben has gone on to advise blockchain projects, as well as be a contributor for Hackernoon magazine And Seeking Alpha. Ben is also a member of the Forbes Technology Council.

Ted Theodore is an innovator, web3.0 builder, crypto-degen, and entrepreneur. Ted leads business and product development at Sch0lar.io- a web3.0 start-up focused on radically innovating scholarships and academic charitable giving through the power of DeFi and blockchain. Ted has an extensive background in innovation management, development, and all things web3.0

Welcome to the fund your retirement podcast, welcoming you back to your weekly insights from our expert guests in finance, business, and wealth-building strategies helping you fund your retirement.

Timestamps:

0:00 to 1:20 Introduction

1:21 to 6:05 Ben and Ted’s experience, and journey into the digital asset space.

6:06 to 8:33 A 30,000-foot view of, what is Defi.

8:34 to 12:00 What are decentralized applications, known as Dapps

12:01 to 14:95 Why is the Defi a bottom-up adoption, over major institutions

14:96 to 18:15 Is Bitcoin a store of wealth, a payment system, or both?

18:16 to 25:50 Misconceptions around Bitcoin and the crypto space in general.

25:51 to 27:45 What are nodes and why are they important?

27:46 to 32:35 What is tokenisation and how will they eat away at traditional assets?

32:36 to 34:88 What are decentralised autonomous organisations, known as Daos

34:89 to 40:06 How will tokenisation impact the housing market.

40:07 to 54:45 What is yield farming in the digital asset space?

54:46 to 1:01:50 What is Scol0ar and what are the solutions Ben and Ted are providing through Scol0ar for the

101:51 to 103:40 Closing thoughts and wrap up

Hope you enjoy and have a wonderful day.

The FYR team.

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Guest Links & Resources:

Ted Theodore LinkedIn Profile: https://www.linkedin.com/in/theodore-zipoy/

Ted Theodore Twitter Handle: https://twitter.com/Sch0larCIO

Ben Knaus LinkedIn Profile: https://www.linkedin.com/in/ben-knaus-b81180134/

Ben Knaus Twitter Handle: https://twitter.com/benhodlin

Sch0lar Website: https://www.sch0lar.io/

Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.