Defi Explained – Blum Video Code for 19th October 2024

Blum web3 platform has been providing valuable educational videos through its YouTube channel the Blum Academy, and now it has started a new series of lectures with Blum’s co-founder Vladimir Smerkis.  

As a blockchain expert and a successful entrepreneur, Vladimir Smerkis aims to help novice web3 enthusiasts navigate the crypto environment with ease. The first video of his lecture series is live, and it is titled “Decentralized Finance (DeFi) Explained: The Future of Finance?” 

To encourage and help the viewers, the Blum app has been organizing a video keyword quest along with these lectures. On the surface level, the quest looks simple, as it needs the viewer to find a word hidden inside the video and input it into the quest’s page to receive 250 Blum Points as a reward. 

The quest is designed as an activity where sheer luck prevails, so the players should work hard to crack by checking each and every word unless they are lucky. This article will provide you with the video keyword buried inside “Defi explained”, and also delve into additional valuable details of the Blum app. Let’s start. 

What is Blum? How Blum Academy Works? 

As a Telegram-based web3 app developed to bring new people into this vast crypto environment, the Blum app has various activities that generate income beyond the learning process. The Blum Academy, Blum’s official YouTube channel provides various blockchain lectures, and has a side quest where the viewers can earn in-game points that can be swapped to real money later. 

Blum’s Video Keyword Quest: What is It? 

In this interesting activity, the players should watch the videos with concentration and awareness to find keywords hidden in them. Each video has a code that will unlock 250 Blum Points. Let’s get into today’s video and its keyword. 

Blum’s Video Code for Defi explained, 19 October 2024  

Along with an introduction to DeFi, the video details its importance and advantages and cites various relevant examples like Aave and Compound. It also delves into the cons of DeFi and explains the dangers and precautions to take. 

The code hidden inside the video is “BLUMFORCE”.  

A Step-by-Step Participation Guide 

  • Open Blum’s Telegram bot (@BlumCryptoBot) and launch the mini app.
  • Get into the task through Earn > New or Earn > Academy. 
  • Participate in the Quest by watching the video and inputting the code. 
  • After completing the quest, tap “Claim” to grab 250 BP. 

How to Withdraw Blum Points into Wallet? How to Cash Out? 

The withdrawal process is not yet live and will be started soon. Usually the web3 clicker withdrawal works by converting the in-game points into blockchain currency. We can expect the exact procedure from Blum. 

The Blum Points will be converted into blockchain coins, and they will be airdropped to your wallet. To integrate the wallet, visit the “Wallet” section in the app. You can connect with Tonkeeper, MyTonWallet, Tonhub, and various other wallet providers. 

Past Video Codes of BLUM

If you visit the “Academy” in the “Earn” section, you can see the previous video code activities. All of them are active and you can earn 250 BP for each task. Here are some of the codes: 

Activity Title Video Code
Sharding Explained BLUMTASTIC
How To Trade Perps? CRYPTOFAN
Crypto Terms. Part 1 BLUMEXPLORER
Bitcoin Rainbow Chart? SOBLUM
Token Burning: How & Why?  ONFIRE
How to Memecoin? MEMEBLUM
Pre-Market Trading? WOWBLUM
Doxxing? What’s that? NODOXXING
$2.5M+ DOGS Airdrop HAPPYDOGS
Liquidity Pools Guide BLUMERSSS

How to Boost Blum Points? 

  • Partnership Airdrops: Blum has partnered with various crypto-based networks, and it has been organizing several airdrop campaigns and other competitions. The first $DOGS airdrop in Blum has attracted around 400,000 users and new campaigns get launched every week. You can follow Blum’s official X (Twitter) account to catch up with the activities. 
  • Referral Rewards: When you invite a new user to the platform, both of you will get a play pass that can be used to boost the Blum Points. Also, you will get 10% of your friend’s earnings as a commission. If that friend refers anyone, you will receive 2.5% farming points. 
  • Weekly Tasks: Each weekly task can generate around 500 to 1000 Blum Points. This week’s task is to earn by checking and engaging with the social media profiles of the Blum Community.  The reward is 540 BP. 
  • Social Media Activities: You can visit “Socials” in the Earn section to find various social media tasks. You should follow Blum’s social media profiles and its partner account to grab Blum Points. Each activity will reward you with 90 BP. 

Read More:

Canary Capital on a Streak, Litecoin ETF Coming Soon? What to Expect, Will It Be Approved, Or Not?

The post Defi Explained – Blum Video Code for 19th October 2024 appeared first on Kallanish Energy.

This post appeared first on Kallanish Energy News.