Ethereum ETF has gone live with a staggering $100million on day 1. What is an ETF? What is Ethereum? Let’s get to Ethereum first, This is an internet digital ecosystem built on computers from people around the globe. When you interact with the Ethereum blockchain, you are able to swap tokens, purchase NFTs, play blockchain games and farm for yield. This is only the beginning of its full capabilities, throughout time it will continue to enhance and add more features for the user base. Being crypto savvy is cool, just like you learn to drive, you should learn to use the blockchain. The blockchain brings opportunities to your living room, with no travel cost, no obstacles and massive amounts of connections. Never feel alone, the community of users in the blockchain has become so vibrant and monumental in numbers, social platforms like X (twitter) are now considered the blockchain social network. In my club, you will learn how to use the blockchain, how to safely transact and how to secure your tokens. After that your on your own, lol. But for real your to follow up with your own research and continue to expand on your knowledge, just remember our club will always be a source of high quality information and intentions. Now as for ETF, this is a way for people in the stock market and outside of blockchain to invest in this space. Those retirement accounts and wall street investors will allocate funds to this Stock Market ETF, but it’s not any better than owning Ether in your own wallet. We will be start our first club workshop on wallets and blockchains will be released on Friday.

How to Use a Crypto Wallet: A Step-by-Step Guide 🦮 Welcome to our Skool community! Today, we’re diving into the essential tool for managing your cryptocurrencies: the crypto wallet. Whether you’re new to crypto or looking to enhance your knowledge, this guide will help you understand how to use a crypto wallet effectively and securely. What is a Crypto Wallet? A crypto wallet is a digital tool that allows you to store, send, and receive cryptocurrencies. It can be hardware-based, software-based, or even a paper wallet. Here’s a brief overview of the types of wallets: • Hardware Wallets: Physical devices that store your private keys offline, providing a high level of security. • Software Wallets: Applications or programs you install on your computer or mobile device. • Paper Wallets: Physical printouts of your public and private keys. Setting Up Your Crypto Wallet Step 1: Choose the Right Wallet 1. Security: Hardware wallets (e.g., SafePal, Trezor, Keystone Pro) offer the highest security, but software wallets (e.g., MetaMask, SafePal, Phantom, DeFi Wallet) are convenient for daily transactions. 2. Ease of Use: Beginners may prefer user-friendly software wallets with intuitive interfaces. 3. Compatibility: Ensure the wallet supports the cryptocurrencies you plan to use. Step 2: Install and Set Up Your Wallet For Software Wallets: 1. Download and Install: • Visit the official website of the wallet (e.g., SafePal). • Download the appropriate version for your device (Chrome extension, iOS, Android). 2. Create a New Wallet: • Open the application and click on “Create a New Wallet.” • Set a strong password. 3. Backup Your Seed Phrase: • You will be given a seed phrase (usually 12-24 words). This is crucial for recovering your wallet if you lose access. • Write it down on paper and store it in a safe place. Do not share this phrase with anyone. For Hardware Wallets: 1. Purchase and Unbox: • Buy a reputable hardware wallet from the official website or a trusted retailer.

Understanding Yield Farming in DeFi What is Yield Farming? Yield farming, also known as liquidity mining, is a method of earning rewards by providing liquidity to decentralized finance (DeFi) protocols. It involves lending or staking your cryptocurrency assets in a DeFi platform to earn interest or additional tokens as rewards. How Does Yield Farming Work? 1. **Providing Liquidity**: Users deposit their cryptocurrencies into liquidity pools on DeFi platforms. These pools facilitate trading and lending activities. 2. **Earning Rewards**: In return for providing liquidity, users earn rewards, often in the form of the platform's native tokens. These rewards are usually distributed based on the amount of liquidity provided and the duration of the staking period. Key Concepts in Yield Farming - **Liquidity Pools**: These are pools of tokens that facilitate trading on decentralized exchanges (DEXs) like Uniswap. Users who provide liquidity to these pools earn a share of the trading fees. - **APY (Annual Percentage Yield)**: This measures the return on investment from yield farming, expressed as an annualized percentage. - **Impermanent Loss**: This is a potential risk when providing liquidity. It occurs when the value of the deposited assets changes compared to holding the assets outside the pool. Steps to Start Yield Farming 1. **Choose a DeFi Platform**: Select a platform like Uniswap, Compound, or Aave. 2. **Deposit Assets**: Transfer your cryptocurrency assets to the platform. 3. **Stake Liquidity**: Provide liquidity by depositing your assets into the chosen liquidity pool. 4. **Earn Rewards**: Monitor your rewards, which are typically distributed periodically. Example of Yield Farming 1. **Platform**: Uniswap 2. **Assets**: ETH and USDC 3. **Process**: - Deposit ETH and USDC into the ETH/USDC liquidity pool. - Receive liquidity provider (LP) tokens as proof of your contribution. - Earn a share of the trading fees generated by the pool and possibly additional rewards in the form of UNI tokens.

To understand crypto wallets fully, we have to understand some concepts about the blockchain, which will help us in understanding how a wallet aids us. Let's start off. What is an address? 🤨 An address is a string of text generated using cryptography to represent your account on the blockchain. This address can be shared publicly with others, and is completely safe to do so. You can send and receive funds from and to your wallet address. Basically, the address is your unique identifier on the blockchain and represents your 'account.' What are private keys? 🔐 A private key is the counterpart to an address. Each address has an associated private key. As the name suggests though, this is meant to be kept private and not shared with anyone. You can think of it like a password, a really strong one, that contains a bunch of letters and numbers that allow you to prove ownership over your address. Anyone who has the private key has access to make transactions from your address i.e. send money from your address to theirs. What is a seed phrase? 👮‍♀️ A seed phrase is like a master password - the password of passwords! Think of a password manager, something like Lastpass or 1Password. These applications, within them, store your usernames and passwords for other apps securely, and themselves have a password. So, if someone hacks your password manager, they also get access to all accounts stored within it. A crypto wallet is kind of like a password manager, where you can manage multiple blockchain accounts. If the private key is the password to a single account, the seed phrase is kind of like the master password for that wallet. What is a crypto wallet then? 😛 Crypto wallets are a manager for your accounts, and mainly their private keys. They also allow you to interact with decentralized applications, and allow connecting to a dApp through the wallet, acting as a single sign-on for all applications built on the blockchain. At LearnWeb3 as well, you can go into the Settings and connect your crypto wallet (after you have set it up), which will let us know what your address is so we can send you some sick NFTs when you graduate from our tracks!

Hey whats up all, I've been working on the backend getting everything organized for all of us. Thank you for being patient with me, and sticking it through. The Bull market cycle we are all preparing for is coming up, and i want to make sure you all are ready to take advantage of it. So first thing is first, we need to get you comfortable with bitcoin and cryptocurrency. If you haven't installed a Crypto.com app on your phone, please do so, the first set of plays will all be available on Crypto.com. The next set of plays will be protocol projects on the DEX, decentralized exchanges like uniswap, pancake swap, raydium, and jupiter. The next thing i want everyone getting comfortable with are all the NFT marketplaces, thats where you can allocate to artist, trade digital artwork, and gain access to collectibles. The marketplaces are Opensea, Magic Eden and, Rarible , are the main ones you need to know. So to be able to use all of those different website apps, you will need a hot wallet, or browser-based wallet. If you aren't using chrome browser, or brave browser, then i advise to download it, and set it up. The Hot Wallets you will need are MetaMask, Phantom, Trust Wallet, SafePal, and Xverse. Those wallets will give you access to everything i will go over, and its important to get comfortable with multple wallets. Now the first time you setup a Wallet, you will need a Permanet Notebook, like actual physical notebook, that NO ONE WILL HAVE ACCESS TOO. This NOTEBOOK MUST STAY in a SAFE PLACE at ALL TIMES. This notebook will HOLD ALL of your SEED PHRASES. The seed phrase is the MOST IMPORTANT thing you need to safe guard and secure in crypto. Remember you are becoming your OWN BANK, so you are the SOLE RESPONSIBLE PARTY when it comes to managing your crypto funds. It may sounds scary at first, but i promise you, this WILL BE the BEST thing you can LEARN TO DO. This will give you ACCESS to leveling up and take advantage of everything i will show you.