DeFi

Decentralised Finance, or DeFi, is an umbrella term describing open financial products and services that aim to provide an alternative…

A stablecoin is a type of cryptocurrency [https://academy.stakedao.org/what-are-cryptocurrencies/] whose value is pegged to an asset. This…

💡This article is part of a curated learning journey on DAOs and Governance [https://academy.stakedao.org/daos-and-governance/]. A DAO,…

In traditional finance, shares in public companies are traded on a stock exchange, a centralised entity which brings together buyers…

Centralised [https://academy.stakedao.org/what-is-a-centralised-market/] exchanges, both in traditional markets and in crypto, operate by means of the order…

💡This article is part of a curated learning journey on Yield Farming with AMMs. Liquidity pools, at their simplest, are…

A Central Limit Order Book (CLOB) is the basis for the earliest type of exchanges, specifically stock exchanges such as…

Some decentralised exchanges [https://academy.stakedao.org/what-is-a-decentralised-exchange/] rely on liquidity pools [https://academy.stakedao.org/what-are-liquidity-pools/] to provide a…

DeFi [https://academy.stakedao.org/what-is-defi/] lending protocols differ from banks in that the whole protocol is entirely on-chain [https:…

An important difference between DeFi [https://academy.stakedao.org/what-is-defi/] and CeFi (centralised [https://academy.stakedao.org/what-is-a-centralised-market/] finance) in…

Stake DAO makes it really simple for anyone to start participating in DeFi [https://academy.stakedao.org/what-is-defi/], with our…

Due to its radically different design, DeFi [https://academy.stakedao.org/what-is-defi/] removes many of the risks associated with traditional…