In this episode, Kamal provides an overview of decentralized finance (DeFi). You’ll learn about what DeFi is; what smart contracts are and how they operate amid the DeFi ecosystem; what stablecoins are and their role in the DeFi ecosystem; how liquidity is provisioned on DeFi platforms; impermanent loss; and what decentralized exchanges (DEXs) are and how they differ from centralized exchanges (CEXs) and the latest innovations of DEXs that are making decentralized trading more efficient. 

Kamal Hubbard is a lawyer by training who is certified in Fraud Examination, Cybersecurity, and Decentralized Finance. Kamal spent two years conducting individual research on Bitcoin and blockchain technology before entering a position in cryptocurrencies. He is a civil rights officer; the founder of the blockchain consulting company, CageChain Media Group; and serves as an advisor to the Tao Network Blockchain. Mr. Hubbard is the author of the groundbreaking book DeFi for the Diaspora and had the privilege of testifying before California’s Senate Banking Committee on the basics of blockchain and Bitcoin.

Get your copy of #DeFi for the Diaspora at:

http://www.kamalrhubbard.com/defi-for-the-diaspora-book/

Sign up for the free CageChain Newsletter at:

http://www.cagechain.io

Learn more about your ad choices. Visit megaphone.fm/adchoices