DeFi 101
How Does DeFi Differ From CeFi?
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 single entity or corporation. CeFi teams can provide valuable services but they’re 100% in charge. They can let you in and kick you out. In…
Common Uses of DeFi: Lending, Borrowing, Trading, and Stablecoins
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 know about and explore early on because 1) they’re easy to understand and 2) battle-tested with billions in liquidity and hundreds of thousands of users…
What is a Dapp and How Does it Use Smart Contracts?
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 application to follow when it receives money or other inputs from users. Smart contracts are a lot like programming a robot. Smart contracts on a…
DeFi Security 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 security choices. By saying owning crypto, we mean owning your private keys. And by security choices, we refer to the way you chose to secure…
Ethereum DeFi Projects Map
DeFi is a growing ecosystem of protocols and applications, which are delivering value to several thousands of users, and transacting the equivalent of hundreds of millions of dollars in digital assets, every day. The very foundations of a new financial system are being laid, with applications that enable everything from simply making transfers and payments,…
A DeFi Introduction: Getting Started in DeFi
In this guide we’ll be helping you take your first steps into the boundless world of Decentralized Finance, better known as DeFi. DeFi is a growing movement which has the potential to democratize access to financial services. This emerging ecosystem is being built on global, public and distributed networks such as Ethereum, and uses smart…
What is DeFi? A Decentralized Finance 101
Decentralized finance, or DeFi, is the ecosystem of financial applications being built with blockchain technology and without banks. Money lives in cages: Each financial system is locked within its own geographical borders and even then only some can access it. It’s also a system built on top of ancient technology; all the money transmitting protocols…
