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✅ Tell us in the replies the best concept to build a "How to start in DeFi booth" at the conference. 👇
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@dYdXIndia
@web3conf_india
The best way to help people start would be assistance in trying out some simple protocols with their own MetaMask wallets.
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@dYdXIndia
@web3conf_india
Let's say we have an online or offline booth for the next year's conference booking, at this year's conference, so people who buy the ticket for next year's conference from now onwards get to have free stay since the money can be deposited in a protocol to earn yield (continued)
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@dYdXIndia
@web3conf_india
An INR on ramp booth at the conference where people short/long Perpetual Contracts for less than 3x leverage on eth/matic/btc etc, could be a great gamified way to earn or lose small amt of money.
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@dYdXIndia
@web3conf_india
Key things for said booth:
1. Wallet & Onboarding
2. Explainers for DeFi primitives
3. Trying out multiple dapps
To build degen thinking, help people make their own strategies based on risk they want to take. Onramp on one chain, swap to stables, bridge to another ...
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@dYdXIndia
@web3conf_india
I think we should start with level 0
•What is DeFi?
•How does DeFi work?
•What are some of the leading DeFi Protocols?
•Which are best wallets?
Once majority is aware about these then we go in depth about…
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@dYdXIndia
@web3conf_india
The best way is to do a comparison between traditional finance and decentralised finance by explaining their respective pros and cons
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@dYdXIndia
@web3conf_india
Will be doing Marketing and educating people.
My logic is simple
I am going to connect with people with personally and I will show my personal interest in DYDX in front of people.
That’s all 😂
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@dYdXIndia
Show through activities - APY, DeFi Lending, Compounding.
When I come to the booth -
Give me a Ball which represents $1000. When I insert it to the slot - show me how the Lending happens as it moves through the Blockchain.
Less technical and show real lending through Personas.
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@dYdXIndia
@web3conf_india
->What is Defi?
-> How Defi work?
-> best wallets
-> Defi Protocols
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@dYdXIndia
@web3conf_india
I believe the best way would be to have some background video type content and to tell them how they can code using just some simple protocols for a start.
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@dYdXIndia
@web3conf_india
It would really nice of you if start with basics of DeFi and why DeFi is important.
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@dYdXIndia
@web3conf_india
Have a traditional banking+ defi emulation in the booth where people could experience the transaction time,other features as clear differentiation from traditional finance.
Then go on to start with basics as
What is defi?
How does it work?
How can you be a part of it?
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@dYdXIndia
@web3conf_india
Send them 100₹ worth crypto on L2 and let them play with it in defi apps.
For example, they can do leverage trading in dYdX.
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