• SMART CONTRACTS; Ethereum, waves, ontology, algorand, cosmos, polkadot, cardano etc.
• TOKENS; xlm, xrp, Bitcoin Cash(BCH), etc
• DEFIS; Terra, Nexo, USDN, DAI,
• Stable Coin and Algorithmic Stable coins; USDT, USDC, USDN, etc.
KEY CONSIDERATIONS IN MAKING A CHOICE
• Asset Fundamentals
• Rate of adoption
• Products and services • Partnerships
• Incentives
TYPES OF INVESTMENT OPTIONS
Passive income. Example, DAI, USDN, Waves, Ethereum, Nexo, Terra, Sia etc
Buy and Hold aka Hodler: Bitcoin, Ethereum, Litecoin, XLM, XRP etc
Trading (Scalping, swing, day and Position Trades). Bitcoin,Litcoin,
Ethereum, BCH, etc
Loans: Nexo etc
TYPES OF INVESMENT – PASSIVE INCOME
• PASSIVE INCOME: Algorithmic stable coins can provide daily in system referred to as Decentralized Finance Eco system (DEFIs).
Examples;
USDN implement a typical CBN policy for T-bills and Bonds. By implement such monetary policy, investors are presented with a very simple, easy way to invest and make daily rewards on their capital.
BENEFITS OF DEFIs OVER CEFIs
Interest are paid daily.
Completely anonymous an decentralized
Account can be closed at any given time ‘t’ with accrued interest.
No need for form registrations and approval
It is 100% Personal.
Higher percentage yields thank traditional investment instruments such as Tbills, Bonds, mutual funds etc.
BENEFITS OF DEFIs OVER CEFIs
• Capital preservation against market volatility • Capital preservation against naira devaluation • 99% safe against DDOs attacks and Hacks.
By Prinewill Ibrahim
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