Module 1 · Lesson 1 · 10 min

What is DeFi?

What you'll be able to do

  • Explain what DeFi is, using the vending-machine picture and the four building blocks every DeFi action uses.
  • Identify the layers of a DeFi app and say who can block or freeze what at each one.
  • Calculate a lending pool's utilization and how much can be withdrawn from it right now.

This course is for members.

The DeFi University membership on Skool opens all 31 courses here, plus the live calls and community. Private coaching clients have access too.