Saved by Marcel Mairhofer
✊The Defiant's Definitive Guide to DeFi
What is DeFi? The Ultimate DeFi 101 Guide to Ethereum, Layer 2s, Yield Farming, and More
thedefiant.io
How Decentralized is DeFi? It is not easy to answer how decentralized DeFi is. For simplicity, we will separate the degrees of decentralization into three categories: centralized, semi-decentralized and completely decentralized. Centralized ○ Characteristics: Custodial, uses centralized price feeds, centrally-determined interest rates, centrally-pr
... See moreSze Jin Teh • How to DeFi: Beginner
Before we push on, let’s have a quick recap on some of the things DeFi allows us to achieve: Transparency: A transparent, auditable financial ecosystem. Accessibility: Free access to DeFi applications without fear of discrimination on race, gender, beliefs, nationality, or geographical status. Efficiency: Programmable money makes it possible to rem
... See moreSze Jin Teh • How to DeFi: Beginner
DeFi is not a single product or company, but a range of financial services which emulates traditional financial industries, including banking, insurance, bonds, money markets and more. DeFi Dapps enable users to combine these services to achieve desired financial goals. It is often called money LEGOs due to its composability.
Sze Jin Teh • How to DeFi: Beginner
But decentralizing the internet has been hard to do. When contrasted against the well-established efficiency and stability of centralized systems, decentralized systems have struggled to keep pace. Now, however, the emerging technology of crypto and web3 — specifically, programmable blockchains, composable smart contracts, and digital assets — make... See more
Andreessen Horowitz (AZ) • Decentralization for Web3 Builders: Principles, Models, How - a16z crypto
