Lesson 601 Decentralized Finance (DeFi)
Decentralized finance, or Defi, is a system for providing open access to financial services. This is achieved by recreating the tools of traditional finance in a cryptocurrency context, using blockchain as the means of distributing, recording, and storing value.
In this course, you will learn about
1. What Defi is & what it enables you to do
2. What you need to take advantage of Defi opportunities
3. The language & key terms associated with Defi
4. The risks of interacting with Defi protocols