Defi Investment Made Easy

Download or read book DEFI Investment Made Easy written by Liew Voon Kiong and published by Independently Published. This book was released on 2021-01-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: DeFi is evolving so fast that I have decided to write a second book to complement my first book 'Defi Handbook- A comprehensive Guide to Defi' so that you are kept up to date on DeFi development. I have included most of the contents in the first book to benefit readers who have not possessed the first book. However, I have rearranged the topics into categories like Lending, Trading, Liquidity mining, and more for easy reading. Besides that, I have also included new platforms like Harvest Finance, Sora Farm, InstaDapp, C.R.E.A.M Finance, Alpha Amora , Torque and more. In addition, I have also added several topics that I think every reader should learn. The new topics include flash loan, a loan that you can borrow and repay in the same transaction. I explained the concept in detail and then guide you on how to execute a flash loan. Another topic is risk management. Although DeFi is an attractive investment opportunity, the risk is also high. In this topic, I will explain how you can reduce risk due to smart contract failure, wallet security and more. Besides that, I will show you how to reduce or hedge risks by using the products and services offered by some of the DeFi platforms for buying and selling protection. The protection includes options trading and insurance. I wish you can master the skills in DeFi investment and reap good rewards by reading this book. Happy learning!