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3 cards from this section. Quick, good the night before a test.
What is DeFi?
Think about who the traditional services remove in the process.
List one advantage of using DeFi.
Consider the role of intermediaries.
What does DeFi primarily eliminate in financial transactions?
What role do banks play in traditional transactions?
True or False: All DeFi transactions are completely risk-free.
Consider what you know about online investments.
Evaluate the potential effects of DeFi on traditional banks. How might they need to adapt?
Consider how customer preferences evolve in the digital age.
Create a comprehensive risk assessment for a hypothetical DeFi project. Identify at least three major risks.
Think about security and regulations involved.
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