What does DeFi Derivatives even mean?! Opyn Founder Zubin Koticha and Uma Project Founder Hart Lambur, breaks down this complicated concept and explains how to leverage decentralized finance in this time of a financial crisis. Decentralized finance: “A system where financial transactions happens on a blockchain through a through a smart contract level.” - Koticha Derivative: “A legal contract enforced through court systems” DeFi Derivatives: “Defi turns legal contracts into smart contracts enforced on a blockchain with economic incentives.” - Lambur. Subscribe to CoinDesk on YouTube: https://bit.ly/31CR8WV... Site: https://bit.ly/2sNROdN Facebook: https://bit.ly/2F68R1f Twitter: https://bit.ly/3gMDCX0 Instagram: https://bit.ly/3fJbFOz Newsletter: https://bit.ly/2sNROdN/newsletter/ CoinDesk Podcast Network: spotify:show:2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: spotify:show:7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
Post a Comment