DEFI - From Inception To 2021 And Beyond (History Of Decentralized Finance Explained)

So what’s the story behind Decentralized Finance? How has all of this started? What happened in DeFi in 2020? And where are we going in the future? You’ll find answers to these questions in this video.
Although there is no one agreed-upon date when decentralized finance was born, there were a few important events that made DeFi possible.
The first of them was the creation of Bitcoin in 2009 by Satoshi Nakamoto.
Despite whether Bitcoin should be classified as DeFi or not, its inception was the key enabler for the whole cryptocurrency industry which decentralized finance is part of.
Although sending Bitcoin around the world is cool - finance doesn’t stop there. Every robust financial system needs a set of other important services such as lending, borrowing, trading, funding or derivatives.
Ethereum, with its Turing-complete programming language Solidity and the ERC20 standard for creating new tokens, quickly became a go-to smart contract platform to build on.
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[@Finematics]

💛 Support Finematics on Patreon and join our Discord community ► www.patreon.com/finematics ❓ What is your favourite part of the history of DeFi? Comment down below 👍 Hit the like button if you enjoyed this video 🐦 Follow Finematics on Twitter ► twitter.com/finematics 📘 Check out our FREE Guide to DeFi ► finematics.com/guide-to-decentralized-finance/

[@thefifthforyou9961]

Hi, would you do a video on @FlareNetworks and @FlrFinance?

[@stressrelief9597]

DeFi is really great project in Crypto world..with so many altcoins and other investment ideas i really like where DeFi is going with new project Cream Finance! I just read that they merged with yearn finance making Iron Bank so you can get loans without collateral! :)

[@choudhrysiddiq7305]

I found your channel today and can’t stop watching, Amazing videos. Will support on Paterson too. Is there any way to talk to you ?

[@Randomprowler1]

Hi, would u do a video on Finxflo (fxf) coin?

[@user-xq7us9xl5r]

There is so much advertisement polluted shit out there. THIS is so much better in so many ways. Very well done!! Thanks a lot for your effort with this important document.

[@Finematics]

Thanks!

[@ChiefKapui]

@@Finematics Ready for you to cover the worlds first DEFI Engine! Scrypto is coming

[@rafaelfarcher6955]

The first KZbin channel I am considering supporting on Patreon. Keep making this unique content!

[@Finematics]

Thanks a lot Rafael! :)

[@Patrick-qi3yo]

Absolutely insane unicorn here, true

[@povilas007]

Exactly my thoughts as well! These videos literally save me a lot of time learning about the whole crypto ecosystem. Concise, good graphics and straight to the point...and everything in one channel!

[@krysis3965]

If Finematics did an ICO it would raise a million dollar easily. This is how good of a content this channel has.

[@Finematics]

haha thanks! :)

[@JJCampuzano]

this channel is my secret weapon for my DeFi presentations

[@NorthWestBall]

Time to revisit this gem, miss you player hope to see you again.

[@zeptify3402]

Dude literally the best video i've ever watched on youtube. Thank you so much. Sending to everyone I know. This is the future.

[@aazuolass]

Man, this is really high-quality stuff. Thank you so much for the work and clear breakdown. Keep it up

[@Finematics]

Thanks. Much appreciated! :)

[@jeffdavis4151]

this if the first time I have seen anything on defi I am amazed and excited at the future for young finance students keep up the fantastic work and invest in your own information

[@rsraleigh]

Really good video! Thank you

[@josiahjohnson2515]

Superior job in presenting the history of Defi my friend, cudos! I really like explainer videos.

[@Finematics]

Thanks a lot!

[@brianregan954]

Bro this broke everything down. This shit is the future. Thank you so much.

[@erickmandianez]

Amazing video Jakrub super informative

[@hohoiyi]

Good to have this KZbin channel explaining Defi in detail. I really like the videos. Would you please recommend some useful resources (eg: books, websites) for those who want to know more about Defi?

[@hemanthgadiyar6589]

The amount of work put into making this video is insane!! Thanks a lot for making such amazing videos.

[@Finematics]

Thanks! 💛

[@Marvellann]

The best recap on the Dawn of DeFi out there!

[@Finematics]

Thanks!

[@TheMjreloaded]

Great content as always ❤️

[@TheologyJeremy]

This was so well done. Liked and subscribed. Gonna go watch some more videos now.

[@christinewillis7545]

Subscribed. No fakery, fud or bs. Respect from New Zealaand.

[@Finematics]

thanks! :)

[@nikolasologub1657]

Brilliant summary! Great work!

[@jesseallan9006]

Thank you! Answered many of my questions.

[@allantankl]

Superb job done here! I’m hooked to your nicely explained videos. Keep it coming!

[@Finematics]

Thanks!

[@ml348126]

Great Content. Thank you!

[@mailelye]

My favorite part will be the future of DEFI, Finematics your channel is INCREDIBLE ! thx

[@Finematics]

Thanks E R, the previous reply was from a scammer that pretends to be our account. We never offer any investment advice.

[@stressrelief9597]

DeFi is really big project in Crypto world! If you are into DeFi you should definitely check Cream Finance as well! They joined with YFI and made Iron Bank, which will be really big in borrowing protocols since now you don't need any collateral when lending funds..

[@acdevan]

Thank you for the fabulous educational videos! Looking forward to the next video!

[@Finematics]

Thanks! :)

[@marekkocura9315]

Happy to find this content. Had to immediately subscribe! Cant wait for new videos.

[@Finematics]

Awesome! Thank you!

[@KeystoneWallet]

This is a great video!

[@florian1054]

Really really good quality content ! Thank you good sir.

[@narwhaltacos2197]

Super helpful. Leaving comment for the algorithm!

[@TonyBarrak]

Cool channel keep up the good work, thank you.

[@hariharaniyer4800]

The amount of effort you put into each video is commendable!

[@Finematics]

thanks!

[@EmcoMusic]

You are amazing. Thank you for the effort you put into these videos. Great man

[@Finematics]

thanks! :)

[@AneilSharma]

Only 50% way through the video but I had to pause and leave a comment. Wow! A simple to understand and concise explanation of the birth and development of DeFi. Liked, Sub and Hit the notification button. Thanks you for you efforts.

[@rahulkaushik4194]

Wow! This was an amazing explanation. Keep providing value my friend.

[@Finematics]

Thanks, will do! :)

[@anvo89]

Thanks for all of your amazing resources! Keep it up.

[@Finematics]

Thanks :)

[@investmentdojo123]

Love your content, outstanding visualization work! Thank you and Good Luck;)

[@Finematics]

Thanks! :)

[@LOGICZOMBIE]

Thank you for your contribution.

[@scienceoffin]

A very rapidly changing world!

[@SaltwaterOutlaw]

You are great man. Awesome video can't wait to watch more of your videos and you got me very excited about Defi. Subbed and liked of course.

[@Finematics]

Awesome! Thank you! :)

[@lixinliu6375]

This is so great!

[@benjaminw2194]

Very well researched and presented. Unlike other channels just regurgitating information that is public knowledge.

[@yo6ur]

Thx for this, amazing content like always

[@Finematics]

Thanks! :)

[@PhongNguyen-tp7lg]

one of the greatest channels about Defi out there!

[@Finematics]

thanks!

[@lilbritofeverything]

Amazing info!!! Well done!

[@Finematics]

Thank you!

[@princeludju3414]

Best content ever regarding DEFI. Thank you very much for your time. i GUESS Iit's very time consuming to realise this kind of content so BIG THANKS TO SHARE YOUR KNOWLEDGE

[@Finematics]

thanks! :)

[@AlexGhoro]

This channel is amazing, looking forward more videos!

[@Finematics]

thank you!

[@GonTaro0001]

Awesome summary, thanks a lot for the effort & sharing!

[@Finematics]

Great to hear. Thanks! :)

[@Patrickjohnphotography]

Yikes! I watched this video in one go. I think I need a smoke and to go hug my money. Man, the world is in for a big change in the coming years.

[@wizefinance9440]

Love it like always.

[@Eld0g5]

amazing!! love your content!

[@Finematics]

Awesome to hear! Thanks :)

[@free.breaker]

Thanks keep it up!

[@heeyunmin1837]

Very well made and well explained. Thank you!

[@Finematics]

Thanks. Glad it was helpful!

[@jastallion45]

Wow bro appreciate the understanding

[@mrjonkane]

This got me perfectly up to speed with the just the right amount of detail after a few years hiatus from crypto land! Good to be back but kicking myself for ever leaving 😄

[@Finematics]

Glad it was helpful! Welcome back

[@eduardomelnik7818]

Your videos are fantastic. Best channel for defi stuff

[@Finematics]

thank you! :)

[@editfiles7586]

You are amazing. Thank you for the detailed explanation.

[@Finematics]

thanks!

[@age0fdef1]

Thanks for great content! You the man!

[@Finematics]

You're welcome, thanks! :)

[@Peglegkickboxer]

Wow this is very well explained and thought out. Well done sir.

[@Finematics]

Thanks. Glad you liked it! :)

[@tyebeach]

You always make great videos, keep it up!

[@Finematics]

Thanks a lot!

[@Keng48770]

hey man, just want to say the your video are really well made. and i already subscribe to your patreon. keeping making great video man. 👍

[@Finematics]

Thanks Supason! Welcome aboard :)

[@akegapak]

good Defi history content.

[@drewfriestedt1832]

Amazing statistics. Great job on this video

[@Finematics]

Thanks!

[@yasmingarcia6113]

Love your video!! Thanks a lot!

[@Finematics]

Thanks. Glad you enjoyed it! :)

[@diegomduro]

Great video! Thank you for it!

[@Finematics]

Thanks. You're welcome! :)

[@indianfoodyspicywithsamir]

Good information

[@MillionaireTrader]

Things moving pretty quick Exciting future ahead

[@luluu7808]

Extremely valuable course with such high quality

[@Finematics]

thanks!

[@siriusfun]

Excellent content - much appreciated! Now subbed.

[@Finematics]

Awesome, thank you!

[@cyberfiles8076]

Quality stuff as usual. Thanks

[@Finematics]

Thanks! :)

[@muhammadabu-izzah971]

Great job!!!

[@Finematics]

thanks!

[@hugueskirst4162]

Great Job! Can't wait for more DeFi on Bitcoin! 🚀

[@hongtaozhong1172]

Very great content. You really understood the idea of DeFi unlike those scammers out there

[@oceans.bitmap]

Loved the defi flashback, defi is definitely the future of crypto, would love to learn more about layer2 solutions and defi on BTC (defi chain) from you. Thanks for the knowledge

[@dalelinney8437]

Excellent content. Good to put some of these new coins in context.

[@Finematics]

Thanks!

[@gregbuck8137]

Well done!

[@Finematics]

thanks!

[@timog7358]

great content

[@Finematics]

thanks!

[@farznazari9559]

I like your style. Keep going with that 👌

[@Finematics]

thanks!

[@coinrotator]

This was the first time I understood why people were pissed at chef nomi. It wasn't that he cashed out its that he sold his entire known stake. Excellent channel, subscribed.

[@fadior3270]

Excellent video

[@Finematics]

Thank you! :)

[@easytorememberuser]

Great info, thanks

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[@mariyamshamshidova7513]

This is such a sick channel!!!!!

[@mikelajackson9763]

He has done it again! Love your videos, it must take a lot of time to produce the videos but I wish we could get them more often xD. Can we also get a video on Synthetix?

[@Finematics]

Thanks! I'll try to aim at 1 video per week in 2021. There will be a video on derivatives first and on Synthetix later. Stay tuned :)

[@siriusfun]

@@Finematics Would also love to learn more about ZAP if possible!

[@arifg7269]

Love your content! Keep it up. Would love to hear what you think about REEF finance

[@izufx]

great information

[@Finematics]

Thanks! (removed a previous message from a scammer pretending to be us)

[@ayushgupta2611]

This is for sure the most comprehensive and summarised video of the journey of Defi from 2017. Kudos to the Finematics channel. One thing which is missing though is the Flash Loans!

[@UserHuge]

This would likely cover the keepers community…

[@khangvutien2538]

Even more interesting to watch one year later, in 2022, after the fall of FTX How about doing an update?

[@valeriyvelchev9595]

Thanks

[@danilotogninalli5094]

fantastic review of the crypto world! Thakn you!

[@Finematics]

thanks, you're welcome! :)

[@magicturtle12]

super small complaint, but you forgot to mention ForkDelta :^) the superior dex back in the day. Great content keep it up!

[@troynichols9788]

Great vid. New sub. So is Tesla getting into the Defi space?

[@beetlepoundcarrot6412]

Amazing!

[@Finematics]

Thanks!

[@dheeraj_one]

You can ignore it if you want but fact is HEX launched in December 2019 and became more than 50% of total Uniswap liquidity, that liquidity was what helped make Uniswap popular.

[@BlockchainGains]

I was just about to say and now we have Hex but what a surprise 60% through it and NO MENTION OF THE KING OF DEFI

[@takeinova22]

You're work is brilliant. By chance can you do an updated timeline to present time?

[@_aisolo]

really good content! the question is like how do you find these new protocols and how to invest in them if one wanted to?

[@cpkt.crypto]

Good job Bro.

[@Finematics]

Thanks!

[@JonathanOrdonezMX]

Your videos are very insightful. Thank you. I’d only recommend you run a de-esser since the s are very loud

[@PersianAltcoiner]

Great 👌

[@Finematics]

Thanks!

[@depizixuri58]

This is so complicated that hinders adoption. What the sytem needs are decentralized investment funds, that optimize cryptocoin management.

[@jboyce007]

This channel calls the parabolic BEFORE it happens!

[@godini69]

First! Love this channel.

[@Finematics]

Thanks! :)