How to DeFi

By: Darren Lau; Daryl Lau; Sze Jin Teh;

Language: English

Quality: Good

Genre: Finance - Business - Economics, Guide,

ISBN: 9798530408434

SKU: BE500267883309

Pages: 240

Description: DeFi is an ecosystem of decentralized applications that provide financial services built on top of distributed networks with no governing authority. By April 2021, DeFi applications have locked up over $86 billion worth of cryptocurrencies in smart contracts. DeFi is expected to grow further in the coming years and is a key component in fulfilling Ethereum's lofty vision and ambition. You will learn about the various elements of DeFi such as decentralized stablecoins, decentralized exchanges, decentralized lending, decentralized derivatives, decentralized insurance and more. DeFi has been immensely popular throughout 2019 to 2021 and is showing no signs of slowing down. Use this book to stay ahead of the curve and learn how you can utilize various DeFi applications to better understand the changes that will disrupt the traditional financial sector. In this book, you will discover: What is DeFi and their differences with traditional finance What is Ethereum and its role in DeFi Step-by-step guides in using the various DeFi applications Real-life use cases of DeFi and how you too can earn from opportunities within the space With simple, yet concise explanations and guides, it has never been easier for you to understand and get started with the various DeFi applications.