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Decentralized Finance
Decentralized finance is a new financial system built using smart contracts and the blockchain technology that operates in a decentralized manner without relying on traditional financial intermediaries.
In this chapter, we’ll cover the following topics:
- Introduction
- Financial markets and trading
- Application of blockchain in finance
- Decentralized finance
- DeFi primitives
- DeFi services
- DeFi benefits
- Using Uniswap
Now let’s have a quick introduction to finance and financial markets. This will provide a foundation for the material presented next, such as DeFi, as many of the terms and ideas are the same, albeit in a different context.
Introduction
Finance is the study and management of money, investments, the creation of ...
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