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The Down-Low on Decentralized Finance (DeFi): Where Does The Money Come From?by@xdao
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The Down-Low on Decentralized Finance (DeFi): Where Does The Money Come From?

by XDAO4mJuly 4th, 2021
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Egor Gavrilov, CTO and co-founder of xDAO, explains how DeFi projects work. Decentralized Exchanges, Lending Protocols and Yield Aggregators are all different types of DeFi. DeFi is a way of making money in DeFi by lending and investing in a joint pool of money. Gavilov: DeFi project is a good way to determine the best project to make money in a decentralized way. He says DeFi can be used to create DAOs and manage collective crypto assets.

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