Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

Decentralized finance or DeFi can be thought of as open source finance which is truly owned by no one. And it has been known to give returns of up to 20-30%! But to truly understand what you’re investing in and make big money requires effort at this nascent stage.

For more insights correspondent Howie Lim speaks to Kenneth Lou, co-founder and CEO of Seedly.

Highlights of the conversation:

02:42 Basic premise of DeFi and DeFi vs TradFi

03:38 How to get ahead in DeFi’s current nascent early stage

06:37 How to identify lucrative DeFi projects to invest in

08:25 Is DeFi underpriced or overpriced?

09:25 The volatile nature of decentralised applications

Produced by: Howie Lim (howielim@sph.com.sg) and Christopher Lim

Edited by: Howie Lim

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Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties.

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