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Prerequisites

What_are_Smart_Contracts

Subgraph

graph LR 1["What are Smart Contracts"]-->0{"What is DeFi"} 0{"What is DeFi"}-->2["What are Stablecoins"] click 1 "../What_are_Smart_Contracts" "What are Smart Contracts" click 2 "../What_are_Stablecoins" "What are Stablecoins"

Description

Defi stands for decentralized finance and is a term used to describe a new category of financial applications that operate on the blockchain. These applications allow users to interact with financial instruments in a decentralized manner removing the need for a third party. Defi applications are built on top of decentralized protocols such as Ethereum and allow users to interact with a variety of financial instruments including loans derivatives and insurance products.

Links

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