Decentralized Finance (DeFi)

This book gives you the easiest introduction to Decentralized Finance (DeFi), Staking, Lending, Liquidity Mining, Yield Farming, Tokenization, and More.

DeFi cryptocurrencies achieved their first breakthrough in 2020. Just one year later, the equivalent of over $100 billion had been invested on decentralized apps, and the trend is rising. However, DeFi is still in a niche market and will only reach the mainstream at a later date. For you, this represents a unique opportunity to enter the early stage of a technology cycle and benefit from the high returns.

Can you still remember the first cryptocurrencies, such as Bitcoin and Ethereum? They have experienced incredible growth in recent years. In particular, investors who recognized the potential early on were able to make the highest profits from this growth. Meanwhile, many investors are annoyed that they did not get involved earlier. It is similar with DeFi, with the main difference being that you not only participate in value increases but also generate regular passive income (i.e., a kind of dividend is distributed to you).

Since not too many investors have jumped on this bandwagon yet, the regular payouts are sometimes over 100% of your invested capital per year! This does not even take into account potential increases in the value of the cryptocurrency. Even with very little risk, you can achieve returns of over 10% in relation to the US dollar. You can achieve interest rates that are significantly higher than those in the traditional financial world.

How is that possible?
In DeFi, central banks and governments no longer control your money, which is handled by the network itself in the form of blockchain and smart contracts. Through the methods of staking, lending, and liquidity mining, you become part of the network and help build the structures for a decentralized world. You yourself act as a bank and profit fully from the proceeds. You provide the supply for the liquidity of cryptocurrencies in the market. And, precisely because the supply is low and faces a high demand, your passive income will skyrocket.

What to expect in this guide
“The reason people think DeFi is so complicated is because we never had to understand finance before. That’s how banks scammed us so easily”

For many, the topic of DeFi still seems very complex, as the technology has only recently emerged and not enough literature has been published. Some readers also lack a basic understanding of finance and investments.

With this book, you will go from a beginner to a professional in the field of DeFi. Without needing any prior knowledge, you will learn, in a simple way, how a decentralized world of finance works and how you can use it to your financial advantage.

In this book, you’ll learn:
Why our current centralized financial system’s fragile and unfair structures benefit only a few people.
How decentralized structures without banks and governments create better incentives for fairer and more stable wealth development for all people in the world.
What opportunities DeFi offers to make preexisting financial services safer and more lucrative for investors.
How you can use step-by-step decentralized applications (DApps) to generate passive income through staking, lending, and liquidity mining.
How to actively invest in decentralized apps through yield farming and DeFi arbitrage, earning even higher returns.