Today I was getting ready for the Grape Finance AMA. Everything seemed fine and dandy but then I saw a particular message that piqued my interest...

Smart contracts are like complicated vending machines. They can't do anything on their own, they can't just dispense lots of soda randomly, or grow legs and arms to fight a competing vending machine in the area. But what if they could? What if they could create transactions on their own?

Of course, I'm talking about no-loss lotteries, especially DeFi ones. They're not really “lotteries”, they're more like savings pools with prizes. The CeFi equivalent would be Premium Bonds, but those are boring. Either win big or win small.

You've heard the common phrase “diversify your assets”. In DeFi, it's a bit of a pain to diversify as you need to pay gas fees for each token transfer, so most people just throw their money into Bitcoin or Ethereum as the tides of the crypto market are generally controlled by the price action of those two, waxing and waning. The S&P 500 doesn't exist in DeFi... or does it?

Saving money is one of the things many people say to do, and it is actually good to save some money in a savings account in case of an emergency. The thing is, if you have lots of cash in a savings account just sitting there, earning interest, you're losing money. Let me explain why and the alternatives to a traditional savings account.

If you're in the blockchain space and use decentralized exchanges/done some yield farming, chances are that you've heard of Liquidity Pairs.

The main risk you've probably heard all around the place is the dreaded impermanent loss (😨), a mysterious part of how liquidity pairs work and can lose you tons of money! The thing is, impermanent loss is actually not that bad, and in fact can be good for you!