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DeFi

How decentralised finance works under the hood: automated market makers, liquidity, slippage and price impact, lending and oracles, and the risks that come with them.

DeFi appeared in 46% of the Blockchain Developer job descriptions we read, and 57% of the junior ones. The example models a constant-product market maker with integer maths, the way contracts compute it. It is for understanding mechanics, not financial advice.

  1. 1How DeFi protocols workAutomated market makers, slippage and oracles4 min read

DeFi lessons

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