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Defi101 210509052410
Defi101 210509052410
May 2021
1
Outline
Slide Topic
3-9 What is DeFi?
10-15 DeFi Examples
16-20 Other Innovations
21-26 Resources
27 Conclusion
28 Questions?
2
What is DeFi?
3
Evolution of the Internet
4
DeFi Timeline
6
The Blockchain
7
Traditional vs DeFi
8
The Layers of DeFi
9
DeFi Examples
10
Real World DeFi Products
11
MakerDAO - https://makerdao.com/
● MakerDAO has a stablecoin called DAI that is pegged to the
US Dollar
12
Uniswap - https://uniswap.org/
● Uniswap is a distributed
exchange (DEX) that provides
an automated market making
function
● You would use this exchange if
you wanted to switch from one
token to another
● In a traditional exchange you
would have a single institution
that provides liquidity using an
order book to match buyers and
sellers
15
Other Innovations
16
How is a JPEG worth $69 million?
19
Distributed Autonomous Organization (DAO)
● In DeFi even the management is
distributed using something
called a Distributed Autonomous
Organization (DAO)
● For example, Uniswap is
technically a protocol and
changes to the protocol need to
be voted by the DAO
● In Uniswap you receive tokens
when you provide liquidity and
those tokens are like votes
21
Decrypt - https://decrypt.co/
● News on Bitcoin, Ethereum and DeFi
22
CoinMarketCap - https://coinmarketcap.com/
● Real-time cryptocurrency prices and other DeFi related products
23
DeFi Pulse - https://defipulse.com/
● Tracks the biggest Decentralized Apps (Dapps)
24
DappRadar - https://dappradar.com/
● Another website that tracks DeFi Dapps
25
Modern Finance Podcast - https://www.modern.finance/
27
Questions?
https://celestri.org
mrjain@gmail.com
28
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