Prerequisites¶
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¶
Links to other educational resources here: