This DeFi 101 whitepaper will teach you everything you need to know about decentralized finance, which is the blockchain-based approach to finance that uses smart contracts to carry out financial transactions rather than relying on central intermediaries such as banks, brokerages, or exchanges.
- The inception and need for decentralized finance;
- The difference between DeFi and CeFi (centralized finance);
- The characteristics of most popular blockchain platforms, such as Ethereum; and
- The risks associated with DeFi.
Get the whitepaper.