Learn more about crypto, DeFi and WonderFi.
Getting Started With WonderFi - Funding
The easiest way to get started with WonderFi is to transfer funds from an existing wallet or exchange account such as Coinbase. Just follow the step by step process after creating your WonderFi account to set up your dashboard!
How to diversify your crypto portfolio
When it comes to cryptocurrency investing, diversification is an important strategy that helps to reduce a portfolio’s risk. Balancing a cryptocurrency portfolio is a lot like balancing a traditional portfolio. The key is to invest in multiple digital assets instead of a single cryptocurrency such as Bitcoin (BTC), and to regularly rebalance your asset allocation.
What is a store of value
The term store of value refers to a currency, commodity, or asset that remains stable or increases over time - maintaining its value without depreciating.
“DeFi” is a simplified term for Decentralized Finance that refers to financial services offered via decentralized networks.
The term “token” refers to a broad category of digital assets which encapsulate all representations of value on a blockchain EXCEPT for a blockchain’s native currency.
Staking refers to the act of depositing tokens into a smart contract in order to contribute to the security and operations of a distributed protocol or application.
What are decentralized exchanges?
Decentralized exchanges, also called DEXs, are cryptocurrency marketplaces that allow traders to make autonomous peer-to-peer transactions without the need for a third party.
What are tokenized indexes?
Tokenized index funds are similar to the index funds we are already familiar with.
What are DAOs?
A DAO are member-owned entities that follow a transparent set of rules encoded as a computer program.
What are network fees?
Network fees occur every time you send cryptocurrency from one address to another.
What are stablecoins?
Stablecoins are a class of cryptocurrency that’s backed by “stable” reserve assets like gold and the U.S. dollar.
What is a crypto wallet?
Crypto wallets are a software program or physical device like Ledger that are used for storing and accessing cryptocurrencies.
Introduction to Smart Contracts
The term “smart contract” refers to computer programs that are stored and operate natively on a blockchain network.