DEFI Guidebook: A Basic Guide to Decentralized Finance for Beginners

By Dr Liew Voon Kiong

DeFi and Yield Farming have been the most popular buzzwords among the crypto community in recent months. Some DeFi tokens can skyrocket to more than 10K USD in just a few days but drop back to near zero also in a matter of days! Besides that, people in the crypto community are talking about yield farming instead of mining nowadays.

Skeptics might argue that DeFi is merely hype, but the total value of digital assets locked in the DeFi platforms has reached an astounding $45 billion, thus creating huge DeFi economics. Indeed, DeFi has become an important investment tool that investors cannot ignore. However, the complexity of the DeFi protocols and DeFi coins that exist today and new ones that are emerging every day at a mind-boggling speed has created a huge challenge not only for newcomers but also seasoned crypto traders.

Therefore, I have authored this Guidebook with the mission to help you understand DeFi and know how to maximize returns from various DeFi platfoms. This book is written especially for beginners therefore I have minimized the jargons and included a lot of screenshots for easy learning. If you are an intermediate or advanced user, you may skip many of the steps and try out the DeFi platforms straightaway.

This Guidebook provides a basic guide on how to use all the major DeFi platforms comprising decentralized exchanges, loan, savings markets, DeFi applications and more. They include the likes of Uniswap, Sushiswap, Compound, dYdX, AAVE, YAM finance, Balancer, Bancor, MakerDAO and more. Besides that, this book also explains in detail the concepts of yield farming and how to use it to maximize returns in DeFi. On top of that, the book also runs through the concepts of blockchain and cryptocurrencies particularly on Bitcoin and Ethereum to help you understand decentralized money better.

• Format: Paperback
• Language: English
• ISBN: B091GLVGTV
• ISBN13: 9798731970143
• Release Date: April 2021
• Publisher: Independently Published
• Length: 514 Pages
• Weight: 1.50 lbs.
• Dimensions: 1.0" x 6.0" x 9.0"