<ul><li>Decentralized finance can cut the middleman out of traditional financial transactions, but it is in its infancy and carries additional risks. </li><li>Terra, Aave, Chainlink, and Clover Finance are good coins to watch. </li> </ul>

It's a DeFi ecosystem that's underpinned by algorithmic stablecoins. Terra's Chai payment platform is accepted by thousands of merchants in Korea and its Anchor savings platform is proving popular.A stablecoin's value is pegged to a non-crypto commodity like gold or a fiat currency like the U.S. dollar. And unlike a fiat-backed stablecoin which is backed 1:1 by a traditional currency, an algorithmic stablecoin keeps its peg by using a smart contract to issue or buy coins. Terra does this using the LUNA token to increase or reduce the supply.

1. Terra (LUNA)

It is a decentralized lending platform where people can borrow, lend, and earn interest on their crypto assets. It's similar to what a traditional bank does with money you deposit, but since there's no middleman, you earn a higher percentage of the loan interest.Aave remains top of DeFi Llama's list of lenders in terms of total value locked. It upgraded to Aave v2 at the end of 2020 and now operates on <a href="https://www.fool.com/the-ascent/cryptocurrency/best-place-buy-ethereum/">Ethereum (ETH) </a>, Avalanche (AVAX), and Polygon (MATIC) networks -- which means users don't have to pay Ethereum's huge gas fees for each transaction.

2. Aave (AAVE)

To understand Chainlink, we need to know about oracles and smart contracts. <a href="https://www.fool.com/the-ascent/cryptocurrency/articles/6-top-cryptocurrencies-with-smart-contracts/">Smart contracts </a>are tiny pieces of code that execute automatically when in certain circumstances. Oracles collect the data that feeds smart contracts -- without them, the smart contract wouldn't know when it should trigger. And Chainlink is the market leader in oracles.Many leading DeFi platforms use Chainlink's oracle data. Even though several well-known analysts have pointed to its potential, LINK only gained about 70% in 2021. That's a solid increase but not as much as many others.

3. Chainlink (LINK)

Clover is all about interoperability. As various Ethereum alternatives take market share, it becomes more important for them to communicate with each other. Clover's blockchain can support applications and assets from other top networks, including Ethereum, <a href="https://www.fool.com/the-ascent/cryptocurrency/articles/5-solana-predictions-for-2022/">Solana (SOL) </a>and Binance Smart Chain.It also aims to solve another common DeFi problem: Accessibility. Right now, it is hard for new investors to use many of the DeFi products on the market -- they are not easy to understand, transaction fees can be prohibitive, and the risks are difficult to evaluate.

4. Clover Finance (CLV)

Interesting piece on building a portofolio for 2022.

Decentralized finance went from strength to strength in 2021. But what does 2022 hold? Here are four coins to keep on your radar for the longer term.

crypto

Cryptocurrency

moneyandinvestments

Money & Investments

4 DeFi Cryptos to Watch in 2022

The best budget system depends on what you want to do, such as limiting spending, paying debt, or building savings. Once you are clear about what you hope to accomplish, pick a budget option that meets those needs.

Figure out your needs

This system splits your income into three categories: <ol><li>50% goes to necessities</li><li>30% to wants</li><li>20% to savings and debt repayment</li></ol> This method gives you room to pay down debt and save for future expenses.

The 50/30/20 budget system

This method helps you curb your spending or stay out of debt when you don't want to track every purchase. <ol><li>Set a limit for each expense category, like groceries.</li><li>Fill marked envelopes with the allotted cash and use only that money for purchases.</li><li>When the envelope is empty, you can't spend more.</li></ol> The Goodbudget app is based on the envelope system for those who don't want to work with envelopes.

The envelope system

This method prioritises savings before immediate expenses. Decide how much to put towards your monthly savings goals like retirement and an emergency fund, then use what is left.

Pay yourself first

This method makes monitoring your spending clear. Take your monthly income and deliberately use every dollar until zero dollars are left. Log every expense to ensure you're on budget. Budget apps such as YNAB and EveryDollar can be helpful.

The zero-based budget

Personal finance software that lets you automate savings or update information on the go is helpful. However, some people still prefer a hands-on approach, like pen and paper. Writing it down can help to feel more connected to your budget. It is also helpful if you don't feel comfortable linking your bank accounts to a budgeting service.

Compare manual and digital budgeting options

Budget systems, like the envelope system and the 50/30/20 budget, can help you make smart money decisions. Find a system that works for you.

habits

Habits

How to Choose the Right Budget System - NerdWallet

First-time founder?confused between the terms and stuff in funding?yes, starting up with an idea is easy, but starting up with funding is a bit confusing. here's a simple stash for you to understand things around funding.(Do save this fur further reference)

What are different rounds in funding?

If you are at the ideation stage, you will start with borrowings/loans from your family, friends, and from your savings.this is called Bootstrapping or Pre-Seed funding. At this stage startups mostly concentrate on building MVP( Minimum Viable Product).

Bootstrapping 

And next comes Seed funding, it's the stage when Angel investors invest in startups by seeing their MVP, vision, and confidence of startup growth.While this is the starting stage for many startups, it is also a ‘wrapping up’ stage

Seed Funding

If the startup fails to utilize the first round and get in some results, it gets difficult for them to move to the second round of funding that is, Series A funding. After seed funding now you'll get series funding. There'll be A, B, C series mostly and sometimes D&E too.

Series

Once the start-up made some traction and got visibility with its product in the market, it'll eligible for Series A funding. In this round, startups are expected to have ideas about future development and revenue generation.  By series A, startups mostly concentrate to increase revenue and expansion. It can be funded by either Angel Investors or Venture capitalists.

Series A

By entering Series B, startups might already figure out their product-market fit and doing great at their business. Now the series B funding for them is all for Expansion, development and concentrates more on team building.

Series B

Series C funding is done mostly by successful and good revenue-generating startups. This funding is used for introducing new products, acquiring other startups, and mostly to stand out from their competitors.

Series C

After series C, there'll be very few startups going through series D&E, mostly because of failures in development/operating or got new ways to make it bug before going to IPO (Initial Public Offering). After these series of funding, the biggest thing for any startup/business is raising IPO, by startups switch from private limited to a public limited company and raise the huge amount by distributing shares to the public.

Angel Investors:An angel investor is an individual who provides capital for a business/start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments.Max investmentcapacity :$25,000 to $100,000. Venture Capital:It is a private equity investor that provides capital to companies with high growth potential in exchange for an equity stake. This could be funding startups/businesses.Max investment capacity:$1 million and $20 million or more or less.

Who are Angel Investors and Venture Capitalists?

Funding stages :Bootstrap/Pre-Seed > Seed Funding > Series A >Series B > Series C >(Series D&E) or >IPO.Thank you for reading, all the best for your journeyIf you loved this stash don't forget to follow me here and on<a href="https://twitter.com/adityamulukuri"> Twitter</a> :)

TL;DR

one of the main phases for any startup or a business is Funding, if it's done right, the growth of the startup will be so great. knowing about the types of funding is most important for any founder, hope this helps you :)

startup

Startups

Startup Funding Explained!

Internal family systems (IFS) is a <a href="https://thehumancondition.com/psychotherapy-introduction-benefits/">psychotherapeutic model</a> through which people are viewed as having a core Self surrounded by multiple parts.1 IFS practitioners believe that by helping people learn to harness the power of their core Self, they can help their clients heal the wounded, inner parts of themselves and become more connected both inwardly and outwardly.

Internal Family Systems (IFS): What It Is, Background, and Benefits

Internal family systems (IFS) is a psychotherapeutic model through which people are viewed as having a core Self surrounded by multiple inner parts.

Understand yourself and those around you.

psychology

Psychology

personaldevelopment

Personal Development

health

Health

mentalhealth

Mental Health

Internal Family Systems (IFS): What It Is, Background, and Benefits - The Human Condition

NFTs are rarely being a passive income, but in near future, they'll be the best source of passive income.But, How can it be possible? for example, If a YouTuber had 100 videos in his channel and he minted them as NFTs, he shares the profit of the amount he earned through monetization to the owner of the videos.Like,you bought one NFT from him, if he earned $100 from that video he'll share the percentage of the amount you guys decided when you bought the NFT.

Possibility 

Recently, a music artist, Blau minted 300+ NFTs for his album to share 50% of revenues from the song 'Worst Case' for the holders. This will be more like a share market, we might be seeing this type of passive income with NFTs in real estate, creator economy, startup funding, and many more places. Ever thought to invest in a creator?I'm so excited about this. Let me know your views on this type of Passive Income with NFTs.

Reality

Can we consider NFTs as a passive income?

Osmosis, a decentralized exchange, has made its way to the front page of CoinGecko as its token has repeatedly rallied in the new year.Price isn’t the only factor looking up for the decentralized exchange (DEX) — Osmosis notched an all-time high of $112M in volume on Jan. 4, according to a dashboard provided by the project. Cosmos is a network of independent blockchains and its token ATOM, has rocketed 74% in the last 14 days.  <a href="https://mapofzones.com/?period=720&testnet=false&tableOrderBy=totalIbcTxs&tableOrderSort=desc">Map of Zones </a>, which tracks different Cosmos projects, each of which is its own blockchain, shows Osmosis as the leader in terms of IBC protocol transfers.

Summary

A IBC transfer happens when a user moves an asset from one Cosmos chain to another. This is done by effectively locking an asset on one chain and minting a mirrored version of it on another IBC-enabled chain. Map of Zones shows Osmosis with 1.39M IBC transfers in the last 30 days, while the number two ranking project, the Cosmos chain itself, has under 486,000 over that same time period.

Osmosis uses an automated market maker (<a href="https://thedefiant.io/what-are-automated-market-makers-like-uniswap/">AMM </a>) model, which means users provide the liquidity necessary for trading.Curve employs a bonding curve designed to take advantage of its homogenous asset pools like DAI-USDT-USDC, all of which are pegged to the US dollar. In addition to custom bonding curves, Osmosis’ generally exhibits a bent towards customization of pools. AMM pools should function more like <a href="https://thedefiant.io/what-is-a-dao-mapping-out-the-ecosystem/">DAOs </a>, meaning those providing liquidity should be able to customize the bonding curves, as well as the fee structure through governance.

Bonding Curve

The exchange has <a href="https://twitter.com/osmosiszone/status/1477011931852595205">additional feautres </a>coming down the pipe, not least of which is the integration of both ETH and BTC into the Cosmos ecosystem. ETH will come by way of something called the <a href="https://blog.cosmos.network/the-gravity-bridge-chain-is-coming-to-cosmos-7010ec7bd0ea">Gravity Bridge </a>, which will ship within a couple weeks, according to Aggarwal. Aggarwal is also excited about protocols that the Osmosis Foundation and Confio, which develops <a href="https://www.cosmwasm.com/">CosmWasm </a>, a smart contracting platform for the Cosmos ecosystem, are collaborating to develop. The teams will build the protocols on top of Osmosis, but Aggarwal declined to state their nature.

Cosmos Ecosystem

Osmosis debut as a DEX and it's differentials

Osmosis, a decentralized exchange, has made its way to the front page of CoinGecko as its token has repeatedly rallied in the new year.

Osmosis Lights Up the Market with 80% Run in Last 14 Days - The Defiant

"Clear thinker" is a better compliment than "smart"<ol><li>Real knowledge is intrinsic and it's built from the ground up.</li><li>The smart thinkers understand the basics at a very fundamental level.</li><li>If you can't rederive concepts from the basics as you need them, you are lost.</li><li>Clear thinkers appeal to their own authority</li><li>The advanced concepts in a field are less proven. We use them to signal insider knowledge, but we'd be better off nailing the basics.</li></ol>

How To Think Clearly

I started this book as any other self help book. However,  it is different because Naval interconnects various concepts in a very clear way. Even though it's a small book. It will take more time to fully absorb his theories. Putting it out there so I can remember his words and embody the mindset.

Getting rich is not just about luck; happiness is not just a trait we are born with. These aspirations may seem out of reach, but building wealth and being happy are skills we can learn. So what are these skills, and how do we learn them? What are the principles that should guide our efforts? What does progress really look like? Naval Ravikant is an entrepreneur, philosopher, and investor who has captivated the world with his principles for building wealth and creating long-term happiness. The Almanack of Naval Ravikant is a collection of Naval's wisdom and experience from the last ten years, shared as a curation of his most insightful interviews and poignant reflections. This isn't a how-to book, or a step-by-step gimmick. Instead, through Naval's own words, you will learn how to walk your own unique path toward a happier, wealthier life.

philosophy

Philosophy

books

Books

Getting rich is not just about luck; happiness is not just a trait we are born with. These aspirations may seem out of reach, but building wealth and being happy are skills we can learn. So what are these skills, and how do we learn them? What are the principles that should guide our efforts? What does progress really look like? Naval Ravikant is an entrepreneur, philosopher, and investor who has captivated the world with his principles for building wealth and creating long-term happiness. The Almanack of Naval Ravikant is a collection of Naval's wisdom and experience from the last ten years, shared as a curation of his most insightful interviews and poignant reflections. This isn't a how-to book, or a step-by-step gimmick. Instead, through Naval's own words, you will learn how to walk your own unique path toward a happier, wealthier life.

Eric Jorgenson is an entrepreneur, writer, and investor. He is on the founding team of Zaarly, and has been publishing online since 2014. His blog has educated and entertained over a million readers.Eric is on a quest to create (and eat) the perfect sandwich. He tweets at @ericjorgenson and publishes new pieces and projects on ejorgenson.com/blog

Eric Jorgenson

The Almanack of Naval Ravikant

As businesses face greater uncertainty, the CFO is now expected to focus on driving profitability by minimizing costs, managing pricing structures, and maximizing the effectiveness of capital allocation. A CFO will be changed with strict scrutiny of capital expenditure, optimizing capital structure. Capital allocation will require CFO involvement in all major areas of a business, considering risk, cost, and possible return.

CFO Role

CFO is responsible for both driving growth and safeguarding against risk

Responsibility

<ol><li>Increase Automation</li><li>Consolidate Data and Processes</li><li>Empower Your People</li><li>Reinforce Resilience</li></ol>

Four Steps to the Future of Finance

I am currently serving as a CFO of a public listed company and wanted to summarize the role with expectations

marketingandsales

Marketing & Sales

Zafar Iqbal Ahmed on Nov 03

Motivation is often incorrectly perceived as an innate capability or characteristic. More accurately, it is a socially influenced quality related to a person’s desire to pursue a goal or act in a particular way. Notably, this quality is instilled or enhanced within individuals if they are ready to accept change. Motivational interviewing does just that; it is a counseling style that challenges people to develop the internal motivations necessary to counteract or change certain behaviors they consider problematic in their lives.

Motivational Interviewing: History, How it Works, Effectiveness

Motivational interviewing is a counseling style that challenges people to develop the internal motivations necessary to counteract or change certain behaviors they consider problematic in their lives.

Motivational Interviewing: History, How it Works, Effectiveness - The Human Condition

We’re coming to that point in the year when many January 1st goals are beginning to fade. In some cases that can be kind of a bad thing (“no more eating healthy!”), but in a lot of cases it’s because your plans have merely shifted, and that’s often a great result.

Plans never work perfectly, but they’re essential

No battle was ever won according to plan, but no battle was ever won without one… Plans are useless, but planning is indispensable.

When we’re building a large website, it’s often a 4-6 month process that involves many hundreds of little steps (<a href="https://www.greenmellenmedia.com/services/web-design-and-development/full-website-build/">inside of five big steps</a>) along the way. As things progress, there are always some tweaks to be made to keep things going toward the goal that was set, and this “battle” never goes precisely according to plan.

Little steps

Let your plans be flexible, but don’t think they can be ignored completely.

We're coming to that point in the year when many January 1st goals are beginning to fade. In some cases that can be kind of a bad thing ("no more eating healthy!"), but in a lot of cases it's because your plans have merely shifted, and that's often a great…

problemsolving

Problem Solving

timemanagement

Time Management

Plans never work perfectly, but they're essential - Mickey Mellen

Find 100+ Ideas and Facts about Money - Curated from interesting sources like Books, Podcasts & Articles - Genuine Insights from like-minded Users like You!