DeFi

Learn DeFi fundamentals with Sagix's deliberately boring, educational approach. Understand wallets, onramping, swapping, lending, and staking without casino-style manipulation designed to rush your financial decisions.

Deliberately boring design for serious financial decisions

Decentralized Finance (DeFi) represents a revolutionary shift from traditional banking to blockchain-based financial services that operate without intermediaries. Built primarily on Ethereum and other smart contract platforms, DeFi protocols enable users to lend, borrow, trade, and earn yield on digital assets through automated systems governed by code rather than institutions. This permissionless financial infrastructure allows anyone with an internet connection to access sophisticated financial tools that were previously exclusive to banks and accredited investors, creating unprecedented opportunities for portfolio diversification and yield generation.

What You Need to Use DeFi

Wallet: Your digital vault for storing cryptocurrencies and interacting with DeFi protocols. Unlike traditional bank accounts, you control the private keys and have complete ownership of your assets.

Onramping: The process of converting traditional currency (USD, EUR) into cryptocurrencies that can be used in DeFi protocols. This typically involves exchanges or direct fiat-to-crypto services.

Swapping Tokens: Exchanging one cryptocurrency for another through decentralized exchanges (DEXs) like Uniswap or SushiSwap, which use automated market makers instead of traditional order books.

Lending/Borrowing: Protocols like Aave and Compound allow users to lend assets to earn interest or borrow against collateral without credit checks, creating liquidity and enabling leveraged strategies.

Staking for Yield: Earning rewards by locking up tokens to support network operations or providing liquidity to protocols. Think of it as earning interest on your crypto holdings.

Vaults: Automated investment strategies that optimize yield farming across multiple protocols, handling the complexity of rebalancing and compounding returns for users.