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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

Introduction to Decentralized Exchanges

Decentralized Exchanges (DEXs) are one of the most popular applications of DeFi. They enable people to buy and sell cryptocurrencies on a blockchain. Similar to what we have built in previous chapters, a DEX as a full stack application consists of smart contracts, which implement its core logic, and a frontend that users can use to interact with the smart contracts to perform operations.

DEXs are a very big topic and there are lots of concepts you may need to digest before understanding the code that we’ll implement. We will mainly focus on the introduction and conceptual demonstration of a DEX and the most popular type: Automated Market Maker (AMM). After reading this chapter, you should be more confident in writing and understanding the code for the smart contracts of DEXs.

In this chapter, you will learn about the following:

  • The three main types of DEXs
  • The mathematics of Automated Market Makers (AMMs)
  • The architecture...

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