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  • Book Overview & Buying  Building Full Stack DeFi Applications
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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

Summary

In this chapter, we learned about the different characteristics of DeFi and understood that decentralization is the key difference between DeFi and traditional financial solutions. We also went through the terminologies that will be mentioned frequently throughout the DeFi application development process. We learned that ERC-20 is the standard of fungible tokens on the Ethereum blockchain; we will build DeFi smart contracts that support ERC-20 tokens in this book. We also went through the various DeFi applications we will implement and briefly introduced the main use cases and how they work for these applications. This information will help you build a high-level view of DeFi applications.

Then, we explored some technical topics that will help us to build a DeFi application. We learned about the architecture of DeFi applications and went through various components, such as DeFi wallets, RPC endpoints, blockchain networks, and Oracle networks, and how they work together. Finally, this chapter explored a few popular vulnerabilities of DeFi applications and how to solve them.

In the next chapter, we will explore more techniques, tools, and libraries that will help us build DeFi applications. We will create a project for these applications and start to write code and learn how to use these tools to debug and test DeFi applications.

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