GM, this the Yellow Dip - the weekly newsletter that's so entertaining, you'll forget you're actually learning something.

On our agenda, today we have:

• Quick dips

• Why are DEXs on the Rise

• Web 2.0 vs Web 3.0

• Crypto portfolio is doing well🚀

Quick Dips

Why are DEXs on the Rise

DEXs are booming. Trading volume across all DEXs has gone up more than 167% since December, reaching a total of $131.2B last month. One particular DEX, Uniswap, had its best month since January 2022, with a whopping $71.6B in trading volume.

What are DEXs? Decentralized exchanges, or DEX for short, are a type of cryptocurrency exchange that operate on a decentralized platform.

How are they different from centralized exchanges? Unlike traditional exchanges, which are centralized and rely on a central authority to manage transactions, DEX operate on a peer-to-peer network that is run by its users. One of the main advantages of using a DEX is that they are more secure and less prone to hacking or theft. This is because they don't rely on a single point of failure, such as a centralized server, to store user data and funds. Instead, transactions are recorded on a public blockchain, which ensures that all transactions are transparent and secure.

Another advantage of using a DEX is that they are more privacy-focused. Since transactions are recorded on a public blockchain, users can remain anonymous while using the platform. This makes DEX a popular choice for people who value their privacy and want to keep their financial information private.

One downside of using a DEX is that they can be slower and less efficient than traditional exchanges. This is because transactions are processed by a network of users, rather than a centralized authority. However, the trade-off is that DEX are more secure and less prone to hacking or theft.

Why is the DEX market doing so well? The DEX market is growing because investors are worried about regulators targeting centralized exchanges. Recent actions taken against exchanges like Kraken and Coinbase have led to a surge in popularity of DEXs, which offer greater security and privacy to users.

No wonder, everyone wants to get on a DEX!

Web 2.0 vs Web 3.0

Web 2.0 and Web 3.0 are two terms that have been widely discussed in the past few years. These terms refer to the evolution of the internet and the various technologies that have been introduced over the years. While Web 2.0 was all about user-generated content and social networking, Web 3.0 aims to create a more decentralized, secure, and privacy-focused web.

Web 2.0 was a significant shift in the evolution of the internet. It brought about significant changes to the way we use the web, introducing user-generated content, social networking, and other interactive features that allowed users to actively participate in creating and sharing information. This era of the web allowed people to create their own blogs, websites, and social media profiles, which in turn allowed them to connect with others and share their experiences.

Web 3.0, on the other hand, is a much more ambitious vision for the future of the internet. It aims to create a web that is more decentralized, secure, and privacy-focused. This is achieved through the use of blockchain technology and other decentralized technologies that allow users to interact with each other directly, without the need for intermediaries like social media companies, banks, or other centralized entities.

One of the most significant differences between Web 2.0 and Web 3.0 is the role of intermediaries. Web 2.0 relied heavily on intermediaries to facilitate interactions between users. Social media companies, for example, acted as intermediaries between users, allowing them to connect and share information with each other. While this allowed for a more interactive and participatory web, it also meant that users had to rely on these intermediaries to protect their data and privacy.

Web 3.0, on the other hand, aims to remove the need for intermediaries altogether. Blockchain technology allows for direct, peer-to-peer interactions between users, without the need for intermediaries like social media companies, banks, or other centralized entities. This creates a more secure and decentralized web, where users have greater control over their data and digital identity.

In conclusion, while Web 2.0 and Web 3.0 both represent significant shifts in the evolution of the internet, they differ in their approach to creating a more interactive, secure, and privacy-focused web. While Web 2.0 relied heavily on intermediaries to facilitate interactions between users, Web 3.0 aims to remove the need for intermediaries altogether, creating a more decentralized and secure web where users have greater control over their data and digital identity.

Yellow Dip Portfolio

This is how our starter's portfolio is performing, with our low-medium risk goal.

Our Portfolio (Last Week) : 3.39%

Our Portfolio (Lifetime) : 43.27%

😂

That's it for today. Stay curious & see ya next week! We hope you learned something new.

As always, feel free to share your thoughts and feedback, and don't forget to share our hard work!

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice to buy or sell any assets or to make any financial decisions. Please be careful and do your own research