Learn the DeFi Basics With DeFi 101

This article was written together with Ledger, a hardware wallet and application to securely buy, sell, exchange, stake, lend & manage your crypto. Owning crypto is a path made of

dApps or decentralized applications are applications powered by a public blockchain protocol like Ethereum. When you build a dApp on Ethereum, you’re programming a simple set of rules for an

In DeFi, the possibilities of what can be built to replace legacy finance are endless, but there are a few use cases that every newcomer to DeFi will want to

There are 3 major differences to know between CeFi and DeFi. 1) Centralized finance (CeFi) refer to crypto banking companies like Coinbase, Binance, and Huobi, which are owned by a

In DeFi, your money becomes empowered. You can store it, lend it, trade it, zap it, and track it real-time. It’s a bit like a game but at the heart

When you use a DeFi application, there’s no sign-up with your email and name, there’s no ID required, and in most cases, there’s no restriction on your geographical location. All

When you use a DeFi application, it’s powered by hardcoded rules. The idea is that these rules provide users with the ability to do powerful but predictable things with their

While crypto has been around over 10 years, the most popular apps until the last year have been centralized crypto exchanges. These centralized exchanges like Binance and Coinbase do billions

Interoperability happens when two or more systems can communicate and exchange value. The best way to understand interoperability is to see the early success stories of it in action.  Today

DeFi today can be found mostly flourishing on Ethereum. New applications launch faster than you can keep up with.That empire is only going to grow. The network effects of developers

In DeFi, our money is controlled by us, the user, while the apps we use are created by different teams who share one common thread, the blockchain. In most cases

DeFi is constantly changing, with new projects popping up seemingly every single day. This is by no means an exhaustive list. It’s just the tip of the iceberg. We went

MakerDAO is exactly what it sounds like –it’s a DAO, a decentralized autonomous organization and its purpose is to make DAI. DAI is a digital dollar backed by locked up

If you’ve read our post on Maker, you now understand the granddaddy of all DeFi — Maker DAO.In this post, we’re going to cover an advancement of this lending and

Perpetuals are a swap product for traders to hold exposure indefinitely, versus having to roll their futures positions. It was BitMEX who solved this problem with what’s now popularly known

Automated Market Makers (AMM) are one of the most popular DeFi applications today. An AMM is a decentralized asset trading pool that enables market participants to buy or sell cryptocurrencies.

One of the most important new tools to master in DeFi is trading on decentralized exchanges (DEXs) on Ethereum. For those trading tokens powered by Ethereum (ERC20 tokens), it’s important

Yield farming is one of the many memes that was created by the DeFi community. While it’s a term that gets tossed around loosely, there’s a narrower criteria to define

Yearn.finance automates yield earning. It started out as a “yield bouncer” called iearn.finance, automatically moving stablecoins like DAI from one lending protocol to the next across Compound, dYdX, Aave, and

CeFi vs DeFi. Centralized exchanges (CEXs) versus decentralized exchanges (DEXs). Trading on CEXs involves trusting a centralized company with your private keys and information. It also often means a faster

If you have tried DeFi recently, you have probably experienced the frustrations of high transaction fees. As the demand for DeFi services on Ethereum have increased, it has become “normal”

Stablecoins on Ethereum boast an estimated $20B in liquidity (according to usdonethereum.com) and they show no signs of slowing down in growth.  Stablecoins, examples of which include DAI, sUSD, USDC

A derivative is a big word created by Wall St that simply means: a financial security with a value that is reliant upon, or derived from, an underlying asset or

Options are yet another money lego growing like crazy on Ethereum, with growing liquidity on Hegic and Opyn. Options, like the name implies, give traders the option to buy or

As more apps and protocols launch, and more money pours into DeFi, it’s important that DeFi investors can mitigate the risk of losing their funds. With great power, comes great

You can lose 100% of your money in any DeFi app or protocol. So above all else, apply a simple rule of thumb to help mitigate this risk: don’t deposit

There are countless resources that can provide crucial information and education to help you along in your DeFi journey. These (in no particular order or ranking) are our Top 10

“Gas” is the ETH required to power every transaction on Ethereum. Gas is a term that was coined to describe the ETH (ether) required to transact on the Ethereum network.

The biggest question in DeFi is always: What’s next? And that’s what’s so magnificent about this new world of DeFi: nobody knows, but whatever it is, it’s coming fast and

This article offers a 10,000ft view on the ‘Decentralized {Autonomous} Organization’, or DAO tooling and project landscape. It’s intended to be complementary to introductory posts like Linda Xie’s ‘A beginner’s

One of the most important building blocks in DeFi is the governance token. When blockchains have on-chain governance, there is no built-in central entity that controls how any given upgrade