How To DeFi

Decentralized Finance (DeFi) is disrupting the traditional financial sector at a breakneck speed. Use this book to gain insight into the novel financial innovations enabled by DeFi. Join us in this exciting adventure of redefining finance!

Note: This is an eBook. Purchasers will receive PDF, ePub, and Mobi versions of this book for download.

"Probably the most comprehensive DeFi Manual out there, a must-read."

Hugh Karp, Founder of Nexus Mutual

How To DeFi: Beginner

Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. This updated version of How To DeFi is a must-read book for anyone looking to learn DeFi. It is packed with simple explanations and step-by-step guides to help you understand and get started in this fast-developing ecosystem.

Note: This is an eBook. Purchasers will receive PDF, ePub, and Mobi versions of this book for download.

Retail Price: $19.99

Readers say

"This is an excellent resource for anyone who wants a comprehensive introduction to DeFi."
Kain Warwick
Founder of Synthetix
"This book details the new economies created by a generation of bankless pioneers. It's the best introduction you could ask for."
Mariano Conti
Head of Smart Contracts at Maker Foundation
"If I didn't know anything about DeFi and needed to learn from scratch, this book is where I'd start."
Felix Feng
CEO of TokenSets
"There is a lot of content about decentralized finance available but nothing matches this depth and comprehensiveness of this book."
Leighton Cusack
CEO of PoolTogether

Chapters included in this book

Part One: Centralized & Decentralized Finance

Chapter 1: The Traditional Financial Institutions

The Banks
Decentralized Finance vs Traditional Finance

Chapter 2: What is Decentralized Finance (DeFi)?

The DeFi Ecosystem
How Decentralized is DeFi

Part Two: Getting into DeFi

Chapter 3: The Decentralized Layer: Ethereum

What is Ethereum?
What is Smart Contract?
What are Decentralized Applications?

Chapter 4: Ethereum Wallets

Custodial vs Non Custodial Wallets
Argent Wallet
Metamask Wallet

Part Three: Deep Diving into DeFi

Chapter 5: Decentralized Stablecoins

Maker's Collateral Ratio, Stability Fee
Dai Savings Rate
Sai vs Dai
Minting and Saving Dai

Chapter 6: Decentralized Lending and Borrowing

Borrowing and Lending on Compound
Compound Governance
Borrowing and Lending on Aave
Aave Governance

Chapter 7: Decentralized Exchanges

Liquidity Pools
Automated Market Makers Mechanism
Dex Aggregators

Chapter 8: Decentralized Derivatives

Synthetic Assets
Minting Synthetic Assets
What are Options?
How does Opyn Work?

Chapter 9: Decentralized Fund Management

What Kind of Sets are There?
How are Sets Helpful?

Chapter 10: Decentralized Lottery

Why Bother with Decentralized Lotteries?
PoolTogether Token and Governance

Chapter 11: Decentralized Payments

What does Streaming Payment Mean?
Why is Streaming Payment Important?

Chapter 12: Decentralized Insurance

Nexus Mutual
Buying Insurance with Nexus Mutual
Other Insurance Platforms

Chapter 13: Governance

What is Aragon Court?
Who uses Aragon?
What are the Shortcomings of Using Snapshot?
How to Vote Using Snapshot?

Chapter 14: DeFi Dashboard

What is a Dashboard?
Using Zapper Dashboard

Part Four: DeFi in Action

Chapter 15: DeFi in Action

Surviving Argentina's High Inflation
Uniswap's Ban

Chapter 16: DeFi is the Future, and the Future is Now

DeFi is the Future, and the Future is Now
What about DeFi User Experience?

How To DeFi: Advanced

Decentralized Finance (DeFi) has already existed since 2018, but it has recently witnessed a surge in popularity in the first half of 2021 with no ceiling in sight. Use this book to gain insight into the novel financial innovations enabled by DeFi. Join us in this exciting adventure of redefining finance.

Note: This is an eBook. Purchasers will receive PDF, ePub, and Mobi versions of this book for download.

Retail Price: $19.99

readers say

"Probably the most comprehensive DeFi manual out there, a must-read."
Hugh Karp
Hugh Karp
Founder of Nexus Mutual
"Education is paramount in DeFi and resources such as How to DeFi are so important. Not only is this an excellent sequel, but once again, the team at CoinGecko have managed to provide a comprehensive and in-depth overview of an ever-changing space.”
Ganesh Swami
Ganesh Swami
CEO of Covalent
"This book comes as an excellent follow-up to their first book, and provides a deeper dive into DeFi and on how to navigate the nuances in the space.”
jocelyn chang
Jocelyn Chang
APAC Growth Lead of MakerDAO Growth Core Unit
“Reading How To Defi in 2021 is like accidentally meeting Vitalik Buterin by chance in a café in Zug in 2015 and discovering Ethereum first-hand. How To DeFi will help you make life-changing decisions when building and using DeFi protocols and applications of this decade.”
Molly Wintermute
Founder of Hegic

Chapters included in this book

Part One: State of DeFi

Chapter 1: DeFi Snapshot

DeFi Summer 2020
DeFi Ecosystem
Rise of Gas Fees
DeFi is Going Mainstream

Chapter 2: DeFi Activities

Yield Farming
Liquidity Mining
Initial DEX Offerings (IDO)
Yield Farming: Step-by-Step Guide

Part Two: Evaluating DeFi Sectors

Chapter 3: Decentralized Exchanges

Types of DEX
Automated Market Makers (AMMs)
The Various Automated Market Makers (AMMs)
What are the differentiators between the AMMs?

Chapter 4: DEX

DEX Aggregator Protocols
DEX Aggregator’s Performance Factors
Which DEX Aggregator offers the most value?

Chapter 5: Decentralized Lending & Borrowing

Overview of Lending & Borrowing Protocols
Protocols Deep Dive
Lending and Borrowing Rates

Chapter 6: Decentralized Stablecoins and Stableassets

What are Algorithmic Stablecoins and Stableassets?
How has Algorithmic Stablecoins fared so far?
The Next Generation of Algorithmic Stablecoins and Stableassets

Chapter 7: Decentralized Derivatives

Decentralized Perpetuals
Decentralized Options
Synthetic Assets

Chapter 8: Decentralized Insurance

What is Insurance?
How does Insurance work?
Does Crypto need Insurance?
DeFi Insurance Protocols
Comparison between Nexus Mutual and Cover Protocol

Part Three: Emerging DeFi Categories

Chapter 9: Decentralized Indices

DeFi ETF Landscape
Comparing the Protocol Indices

Chapter 10: Decentralized Prediction Markets

How do Prediction Protocols work?
What are the other key differences between Augur and Omen?

Chapter 11: Decentralized Fixed-Interest Rate Protocols

Overview of Fixed Interest Rates Protocols
Which FIRP should I use?

Chapter 12: Decentralized Yield Aggregators

Yield Aggregators Protocols
Comparison of Yield Aggregators

Part 4: Technology Underpinning DeFi

Chapter 13: Oracles and Data Aggregators

Oracle Protocols
Data Aggregators

Chapter 14: Multi-Chain Protocols & Cross-Chain Bridges

Protocols and Bridge Overview

Chapter 15: DeFi Exploits

Causes of Exploits
Flash Loans
Tips for Individuals

Chapter 16: The Future of Finance

How Long Before Institutions Build on These Networks?
Where Does This Take Us in the Next 5 to 10 Years?

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