DecryptrMarketThe Block
Summary
Written by Decryptr from the sourceDeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending markets, yield aggregators, oracles, derivatives and DAO governance fit together, and where composability creates systemic risk.
The Block, original at theblock.co, 2 hr ago.
Not financial advice. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.