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 Building Full Stack DeFi Applications

Building Full Stack DeFi Applications

By : Zhou
4.6 (5)
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 Building Full Stack DeFi Applications

Building Full Stack DeFi Applications

4.6 (5)
By: Zhou

Overview of this book

Enter the world of Decentralized Finance (DeFi) with Building Full Stack DeFi Applications. Understand how this blockchain-based financial technology, designed to manage crypto assets, runs independently without centralized financial institutions like banks and brokerages, eliminating the fees that banks and other financial companies charge for using their services. This book will show you how DeFi solutions are built with smart contracts running on blockchains and how they allow users to gain and earn crypto assets based on the trust of the smart contracts. This book uncovers the inner workings of DeFi by guiding you through the mathematical foundations and teaching you how to build real-world DeFi products with Solidity and JavaScript. As you progress through the chapters, you’ll learn how to implement smart contracts of liquidity pools to trade cryptocurrencies and implement staking, including farming features that allow users to earn. You’ll also find out how to create asset pools that allow users to lend and borrow cryptocurrencies and generate interest. Additionally, you’ll discover how to use Web3 libraries to build the frontend of DeFi products. By the end of this book, you’ll will be well acquainted with popular tools, libraries, and design patterns for implementing a full-stack DeFi application with Web3 and Solidity.
Table of Contents (21 chapters)
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1
Part 1: Introduction to DeFi Application Development
5
Part 2: Design and Implementation of a DeFi Application for Trading Cryptos
11
Part 3: Building a DeFi Application for Staking and Yield Farming
14
Part 4: Building a Crypto Loan App for Lending and Borrowing

An Introduction to Crypto Loans

Savings and loans are the two most common features of traditional banks for everyday life. Savings means lending money to banks and paying lenders the saving interest as an incentive method. On the other hand, people can borrow money from banks after providing collateral so that the borrower has a sufficient budget to make a purchase. For example, a person can offer a property as collateral to apply for a loan to purchase a house. Usually, the borrowed assets come from the savings of the lenders.

Generally speaking, while a crypto loan is a financial service that offers savings and loan features, it can be centralized or decentralized. In this book, a crypto loan is considered a type of DeFi application based on a decentralized blockchain network by utilizing smart contracts, so we also call it a decentralized crypto loan. It allows people to earn interest by depositing cryptos and acquire crypto loans by providing collateral.

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