DONUT Is Your Gateway to DeFi

Posted by

July 2, 2025

a donut monument

Hi, I'm u/DBRiMatt - member of the Donut DAO and a multisig guardian. I have been a Redditor for over 13 years, so naturally, when I started my cryptocurrency journey, I searched for Reddit communities so I could learn more. Ethereum was my very first cryptocurrency purchase on a CEX, but I had no idea what else I could do with it.

The extent of my crypto interaction was solely on a CEX. This changed the day I found r/CryptoCurrency and learned of "Reddit Community Points" a beta program since discontinued by Reddit.

SocialFi tokens such as DONUT from r/EthTrader and MOON from r/CryptoCurrency encouraged and motivated me to learn how to use a hot wallet and interact with a DEX and dApps. Over time I even took calculated risks with yield farming/providing liquidity with tokens that I had earned for my contributions to the community.

Years later, I'm still learning, but I also do my best to share my knowledge and wisdom with the experience I have gained over time. I give back to the community by continuing to provide liquidity to the DONUT/ETH trading pair and continue to encourage new users (as they feel comfortable) to interact with DONUT to gain experience themselves.

If you're relatively new to cryptocurrency and the Ethereum ecosystem, I encourage you to ask questions on r/EthTrader and learn how to use DONUT, from trading on a DEX, to minting the Special Membership NFT, or giving back and providing liquidity with both DONUT and ETH.

DONUT isn't just about numbers on a screen. It's about community, learning, growth and opportunity; perhaps DONUT can be your gateway token into DeFi too.