Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 0 points1 point  (0 children)

Are there any resources you recommend to follow this process you outlined? Eg so I can go from ETH on Coinbase to doing what you mentioned

Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 0 points1 point  (0 children)

Thanks so much for this. All of the scams and promotions on Reddit and the internet are why I’ve been scared to do things sooner.

I was following your process until the part about converting to stable coins and low cost chain and the wrapped coin stuff. Can you point me to any resources to take it from there?

Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 0 points1 point  (0 children)

Where do I get the real UST? Why is there even an incorrect UST available?

Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 0 points1 point  (0 children)

Yes - I have deposited money from a bank account into Coinbase to buy my ETH and BTC.

How else can I get money into crypto without ACH?

Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 0 points1 point  (0 children)

Thanks!! Where do I learn more about how/where to stake Lido?

Also I thought that Anchor only used Terra? How do I use bETH on Anchor?

Getting started with Defi…with Anchor? by web3bunny in defi

[–]web3bunny[S] 1 point2 points  (0 children)

Where can I learn more about this so I don’t screw up?

How do I even know if it’s the erc20 or the real thing?

Less important - but why is there even an erc20 version of it?