3 DeFi Apps You Can Setup In 3 Minutes Or Less

Blue Collar Blockchain #3

DeFi Your Dad Can Use

Most People Won’t Invest In Crypto Until It Offers A Smooth Experience

Crypto is deep into its early adopter phase and its time for protocols and projects to professionalize. Defi needs sophisticated communication strategies offering simple understandings of aesthetic interfaces. Dapps need to offer seamless signups and dopamine hits to onboard the Robinhood crowd. Today’s edition of Blue Collar Blockchain brings you 3 apps you can be confident to share with your lagging boomer relatives and that skeptical co-worker you can’t stand.

---

---

Nested Fi

Nested 🧩 @NestedFi

How to onboard a newcomer into DeFi in 6 minutes? Only 3 steps 🤯

Nested 🧩 @NestedFi

The 1st step is the creation of a web3 wallet🦊 No one has the patience to explain how a seed phrase works. You don't need to do it anymore! You can log in to Nested with your social accounts -Twitter, Gmail, etc. You still own your key & your funds. Estimated time: 1 min.⏳

Nested 🧩 @NestedFi

The 2nd step is to buy cryptos with fiats💸 It's tedious to create an account on Binance/Coinbase. The worst part is when you try to explain how to transfer funds from a CEX to a wallet. Buy cryptos on Nested: no KYC up to ≈$1k/day & ≈$100k/year. Estimated time: 3 min.⏳

Nested 🧩 @NestedFi

The 3rd step is to build a portfolio of cryptos🌕 Now your newcomer friend has their web3 wallet and first cryptos! Share with him/her your Nested portfolio either with a link or a QR code. Copying it is a matter of 3 clicks. Estimated time: 2 min.⏳

---

Alluo App

Alluo.dao @AlluoApp

🤔 What is "friction-free finance"?💰 Simply put, when customers don't face obstacles when using financial services. Instead, the process is easy and seamless. Customers deserve and expect more. Simple, clear, usable services you control We promise friction-free finance🚀

Images from docs.alluo.com/ and app.alluo.finance/

---

Coinbase Wallet

Coinbase Wallet @CoinbaseWallet

5/ If you’re interested in experiencing the best of both worlds, here are just a few reasons users love Coinbase Wallet: - Industry-leading security - Compatible with @Ledger - Full control of your crypto & NFTs - Easy access on mobile & desktop coinbase.com/wallet

Image from www.coinbase.com/

---

---

Recommended Resources

Defi Llama offers powerful, simple, and free dashboards

Track and search for yield opportunities by token, chain, project, category, APY or TVL

DefiLlama.com @DefiLlama

Our Yield Dashboard now tracks APY data for the pools of 230 projects!

Find businesses to take seriously on the Fees and Revenue Dashboard

Some examples of revenue in the last 24 hours:

-OpenSea the NFT Marketplace did $155,439

-LooksRare NFT Marketplace did $67,585

-Convex Finance Yield Optimizer did $39,077

-Pancake Swap DEX did $19,849

DefiLlama.com @DefiLlama

Now tracking @arbitrum on our Fees & Revenue Dashboard defillama.com/fees/arbitrum

Track recent fundraises across crypto

Capital flows are as critical in crypto as in any other industry, follow the money to find momentum.

DefiLlama.com @DefiLlama

Our fundraising dashboard now tracks over 3500 different raises. defillama.com/raises

Forget trusting centralized exchange’s ‘proof of reserves’ and track CEX capital flows yourself

DefiLlama.com @DefiLlama

CEX inflows are now visible on our CEX Transparency dashboard. As of this morning, Binance had $467M of net inflows over the past 24 hours, currently it is at $877.81M in total

Checkout DefiLlama’s incredible suite of tools here

---

Thank you for reading Blue Collar Blockchain! Subscribe for free to receive new posts and support my work.

---

Disclaimer: Opinions here are my own. None of this is financial or investment advice. You should always do your own research, form your own opinions and make your own decisions.