Navigating the DeFi Landscape

This chapter explores the challenges and innovations inherent in decentralized finance (DeFi) from its inception to its current state. It examines the evolution of finance, contrasting traditional financial systems with DeFi’s paradigm of disintermediation and transparency. Key topics include lending and borrowing dynamics, risk management, the role of stablecoins, and a forward-looking vision for the integration of DeFi into mainstream finance.

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