The Ultimate Guide to DeFi
Despite the criticism and complexity of the industry, DeFi continues its slow and inexorable climb towards an ever-larger number of users. Given the huge amount of projects within it, we try to clarify by analyzing, thanks to a report, how this world is divided.
Published in
6 min readNov 26, 2020
On November 24, a very important investment company in the world of cryptocurrencies, namely Multicoin capital, published an excellent report on the world of DeFi and how it is evolving. Inside we find various quality ideas as well as an in-depth analysis of the sector starting from the basics. Let’s try to see in detail the various levels of the Decentralized Finance world thanks to a very well done subdivision. The “DeFi Stack” is made up of 6 macro-areas which are:
• Wallet,
• Aggregators,
• DeFi Primitive,
• Oracles,
• Transaction layer,
• Unit of value or Stable coin.
