DeFi essentials
Understand swaps, pools, and yields without getting trapped.
Step 1
A swap = a direct exchange between tokens.
Step 2
Liquidity pools enable swaps but involve risks.
Step 3
High APY = high risk. Always read the conditions.
Step 4
Smart contracts can have vulnerabilities.
Step 5
Diversifying your activities limits damage in incidents.
Quiz
Easy
A very high APY often means...
Quiz
MediumTrue/FalseTrick question
A very high APY always means low risk.
Quiz
Medium
Why read smart contract conditions?
Quiz
Hard
What is a swap?
Module progress
Validate all quizzes to continue.