Decentralized Finance, popularly known as DeFi, is a fascinating phenomenon. We are convinced that over the next few years it is going to completely change how financial services are delivered! But with so much going on, it can be overwhelming for somebody who is just getting started in DeFi today.
Over the last few weeks, the team at Brew Money has collaborated with some of the most influential voices in the industry to deliver the most helpful guide for beginners in DeFi called DeFi101. If you are looking to kickstart your DeFi journey, the DeFi 101 guide might be just what you are looking for - to help you understand the concepts and give you the foundational building blocks to shape your understanding of the space.
Big shout out to the team at Brew, for truly channeling the spirit of community and making this accessible for everyone. This guide will be the ultimate starting point for any newcomer in the space and help hundreds of people.
๐ Hello Product Hunters,
Iโm Archisman, co-founder of Brew Money, a self-custody wallet that makes it simple to earn yield on your crypto with Decentralized Finance. We had been working on Brew for a while now, and as our team grew, we felt the need for an onboarding guide that helps new team members get familiar with DeFi.
DeFi101 - An Introduction to Decentralized Finance is our attempt to bring that guide to everyone. DeFi is an incredibly interesting phenomenon. A trustless and permissionless system that anyone with a cryptocurrency wallet can access and avail of financial services is nothing short of revolutionary. However, in its current form, it is fairly complex.
With DeFi101, we hope to demystify some of the core concepts. It is a collection of 10 chapters. Each chapter is a 5-7 minute read and covers topics ranging from how lending and borrowing work in DeFi to the different risks one should be aware of.
I would also like to share my gratitude to all the amazing people, some of the best minds in Web3 and DeFi, who took out time to share their feedback about the guide
We hope you find the guide helpful as you kickstart your journey with DeFi. Do let us know what you think.
Doctor Droid