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Summary
Summarising Decentralised Finance
Now we have seen some of the opportunities and potential of Decentralised Finance (Defi). Some of those opportunities are the applications of traditional banking services like borrowing and lending; with all the advantages of smart contracts operating on the blockchain. We have also seen some Defi projects like Terra which proves that Defi is not totally risk free. However we can now use the knowledge we have gained from these now seemingly fraudulent projects and be more cynical with future Defi projects. We have also seen how Scallop is planning to integrate Defi into its ecosystem.

Here are some question about Defi:

Question 1: In the AAVE protocol, what safeguard is in place to protect the lender?
Question 2: what is meant by the term Money Lego's?
Question 3: How does the Real estate assets lend themselves to tokenisation?
Question 4: Where would you swap BTC to WBTC?
Question 5: Why did some people believe that Terra was a Ponzi scheme?
Question 6: why does the Ethereum blockchain support Defi whereas the Bitcoin does not?
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