Cryptocurrency data aggregator, CoinGecko recently announced the launch of its new book covering Decentralized Finance (DeFi). Titled “How To Defi”, it happens to be the first book ever published covering the DeFi ecosystem. CoinGecko also announced of Earn, a section on their website providing an overview of various crypto lending platforms.
Geared towards beginners
DeFi happens to be one of the fastest growing sectors in the cryptocurrency industry. However, many do not have a firm understanding of how the space works, which CoinGecko’s book aims to fix. “How To DeFi” is targeted at beginners interested in the DeFi ecosystem. It covers topics ranging from decentralized lending and borrowing, to decentralized insurance, all the way to teaching users how to get started.
The book is a collaborative effort of CoinGecko’s research team of 7 people, consisting of Darren Lau, Daryl Lau, Teh Sze Jin, Erina Azmi, Kristian Kho, TM Lee, and Bobby Ong. The book contains numerous step-by-step guides, making it simple for users to follow. “How To DeFi” is available for $14.99 on CoinGecko as well as Amazon. However, for a limited time, the book is available digitally for free. If you fancy yourself a copy, simply head over here.
Lending products lead growth in the DeFi ecosystem
In February 2020 itself, about $1 billion was locked in lending products in the DeFi space, making it the fastest growing sector in DeFi. CoinGecko recognises the value of the decentralized lending and borrowing sector, and has launched CoinGecko Earn. This section provides an overview of various lending platforms, with comprehensive information covering return rates, security audit records, and DeFi risk scores. At the moment, data for over 50 cryptocurrencies is included under CoinGecko Earn. Other lending platforms and staking data will be included in the near future. CoinGecko Earn can be accessed here.
