Professional Documents
Culture Documents
● Openness
● Transparency
● Trustlessness
● Composability
● Programmabilty (powered by code)
● Permissionlessness
● Self-Custody
Examples
● Proof of stake - concept states that a person can mine or validate block
transactions according to how many coins he or she holds.
Staking in DeFi
● Governance (Kyber)
● Сollateral (Synthetix)
● Liquidity mining (Sushi)
● Insurance (Nexus)
● Work permit (Livepeer, Nucypher)
Risks