Category: 7. Earning from DEFI

At the moment, decentralised finance is still tiny compared to the rest of the financial world, but is growing quickly, and its users are predominantly tech-savvy cryptocurrency holders. The core concepts of decentralised finance – open access, transparency, and equality – make it appealing to a huge market, including the unbanked and the hard to…

Defi is a wonderful invention that many people believe to be the future of finance. Like any new technology, though, decentralised finance comes with risks, both systemic and external. Systemic risk includes the potential for a vulnerability in the smart contract. If the Defi protocol hasn’t been thoroughly tested for bugs, it could be exploited…

Defi is a means of managing and growing your money. Virtually anything you can do with a digital bank or credit card can be done in Defi. Instead of fiat currency (i.e. the money that’s stored in your bank), Defi uses stablecoins, usually pegged to the US dollar or to a national currency such as…

Defi is a subset of the cryptocurrency industry. Most of the underlying technology that powers the crypto-economy can be called decentralised, since that’s a basic characteristic that all blockchains share. The difference with Defi is that it’s focused specifically on utilising this ability to actively manage your wealth, without requiring the permission of anyone, be…

What you’ll learn What Defi is & what it enables you to do What you need to take advantage of Defi opportunities The language & key terms associated with Defi The risks of interacting with Defi protocols Decentralised finance, or Defi, is a system for providing open access to financial services. This is achieved by…