
Tom Schmidt Explains What You Need to Know about DeFi
Odd Lots
00:00
Understanding Decentralized Finance (DeFi)
This chapter explores the core principles of decentralized finance, comparing it with traditional financial systems and highlighting the technology-driven nature of DeFi. It addresses the workings of automated market makers, the risks of impermanent loss, and the barriers to wider adoption, while suggesting the need for more user-friendly solutions.
Transcript
Play full episode