Decentralized-Finance
Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain.
This project illustrates three functionalities of DeFi:
- Depositing ETH, and gain interest on the principal.
- Borrowing ETH/DAI(stable coin).
- Approve the amount that can be borrowed calculating the risk factor.
Defi-Tools used:
- Aave Protocol
- Uniswap
Here is how it looks:
