Written by Emaad

On December 23, 2019

What is Decentralized Finance (DeFi) ?

Decentralized finance, or DeFi, enables crypto lending, ability to earn interest on crypto holdings, and the creation of stablecoins.

Other cryptocurrency lessons:

What are stablecoins?

What are stablecoins?

Stablecoins are cryptocurrencies that are pegged 1:1 to local fiat currency, such as the US Dollar. This peg is maintained by collateralized assets held as crypto or fiat in traditional bank accounts.

What is crypto lending?

What is crypto lending?

Users on DeFi platforms can access loans pegged in stablecoins by collateralizing their crypto holdings. This enables people access to the USD value of their crypto holdings without having to sell their assets. When they are able to pay back the loan, their assets are...