DeFi and earning

Staking, lending and trading without a company in the middle.

9 guides, in reading order

What is DeFi?DeFi, short for decentralized finance, is lending, trading and saving run by software on a blockchain instead of by a bank or broker.2 min read
What is crypto staking?Staking means locking up coins to help run a proof-of-stake blockchain. In return, the network pays rewards, usually in the same coin.2 min read
What is yield farming?Yield farming is moving crypto between DeFi programs to collect the highest rewards, which come from fees, interest and newly issued tokens.2 min read
What is a liquidity pool?A liquidity pool is a pot of two tokens locked in a smart contract. Traders swap against it, and the people who fund it earn fees.2 min read
What is a decentralized exchange (DEX)?A decentralized exchange, or DEX, is software that lets people swap crypto tokens straight from their own wallets, with no company holding the funds.2 min read
How do crypto lending and borrowing work?Crypto loans are backed by collateral worth more than the loan. If the collateral falls too far in value, it is sold automatically to repay the debt.2 min read
What is impermanent loss?Impermanent loss is the gap between what a liquidity provider ends up with and what they would have had by simply holding the two tokens.2 min read
What is a crypto bridge?A crypto bridge moves assets from one blockchain to another, usually by locking the original and issuing a stand-in token on the second chain.2 min read
Does crypto pay interest or dividends?Coins such as bitcoin pay no interest or dividends. Any income comes from staking, lending or reward programs, and none of it is an insured deposit.2 min read