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Defi Consulting Alliance

393 members β€’ Free

5 contributions to Defi Consulting Alliance
Networks
Where I get really confused is what currency’s I run across what networks. Like ethereum network runs ERC 20 , ETH. Then I see there will lower gas fee on different networks and I’m not sure if it is Better to use them .
0 likes β€’ 27d
I'm no expert, just a newbie to passive income process, but seems to me the most important rule is to ensure that when sending/receiving any assets the same network is selected at both send and receive ends. Which network you use is of less significance provided both ends of the transaction support it and can be chosen based on gas fee or speed whatever your preference.
Sending EVAA from Kraken to OKX
A question for those with more experience than me. I noticed a liquidity pool on Shadow for EVAAUSDC/EVAAUSDT. Not a huge interest rate but decidied to give it a try with small amount of funds as a learning experience. So - I bought EVAA with USDC and EVAA with USDT on Kraken and they show as separate assets in my portfolio. When trying to withdraw the to OKX Kraken just pools them into a single asset and wants to use TON (open network) for the withdrawal. EVAA wasn't listed amongst OKX crypto assets so I added it as a custom crypto which it would only do on BNB network, but Kraken doesn't support BNB withdrawals as far as I can tell. Q - Have I done something wrong or will the wallet transfer need to go through a third party network bridge to get EVAA from TON to BNB?
0 likes β€’ 28d
With a bit of research I came across the EVAA App in Telegram. Is that the way to go?
Busy but constructive week for me
Been a busy week but one where I've made a lot of progress in getting myself up to speed with liquidity pool deposits. Started off with small dollars into a higher risk/higher interest S/USDC pool, followed by USDC/USDT and finishing with WBTC/WETH; increasing the value of deposits on each of last two occasions. Fascinating to watch the way the split between the assets varies on a day by day basis, particularly the S/USDC pool which changed from 100% one way to almost 100% the other way in 24 hours. Also came to terms with transfering assets from Kraken to OKX using the correct network (very important), swapping assets (ETH to WETH) and bridging between networks. My confidence has really shot up as the week progressed so giving myself a liquid pat on the back tonight! In amongst the above I also finally got Swyftx compliance team to approve crypto withdrawals from my account - an incredibly frustrating process that has taken 10 days.
1 like β€’ 28d
@Dane Bollwinkel Thanks Dane
Making progress
Completed the workshops and have subsequently set up Kraken account, OKX wallet and funded Kraken to buy crypto assets. Bought USDC and Sonic, successfully transfered small amounts to OKX to confirm I understand that procedure and deposited into S/USDC liquidity pool. Happy I've got my mind around the basics so now need to build from there.
Reaction to Day 1
Learned a lot and building my confidence with wallet process
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Paul Venables
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2points to level up
@paul-venables-7976
Retired and enjoying older age but still need to keep my mind active. Learning new skills that can benefit me and my family is my objective.

Active 27d ago
Joined Mar 29, 2026
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