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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Markuri33 on June 17, 2021, 03:54:36 AM

Title: The Boy Who Could DeFi: Meet the 13-Year-Old Who Built $7M Money Manager on ETH
Post by: Markuri33 on June 17, 2021, 03:54:36 AM

Gajesh Naik is the developer behind a DeFi protocol that's managed nearly $7 million in cryptocurrency—he's also just 13. Consider the fact that Naik even knows what a “DeFi protocol” is. DeFi is an umbrella term for non-custodial software programs that handle your cryptocurrency for you, without the need for mediators like banks or investment managers. When you entrust your money to a DeFi protocol, you’re funneling it directly into a series of smart contracts—essentially just code that dictates how your funds are invested; PolyGaj is a hub for these sorts of investment mechanisms, asking users to pony up crypto for a risky shot at appealing returns.source (https://decrypt.co/73781/gajesh-naik-defi-ethereum-polygaj)