DeFi and Yield Farming have been the most popular buzzwords among the crypto community in recent months. Some DeFi tokens can skyrocket to more than $10K in just a few days but drop back to near zero also in a matter of days! Besides that, people in the crypto community are talking about yield farming instead of mining nowadays.

Skeptics might argue that DeFi is merely hype, but the total value of digital assets locked in the DeFi platforms has reached an astounding $30 billion, thus creating huge DeFi economics. Indeed, DeFi has become an important investment tool that investors cannot ignore. However, the complexity of the DeFi protocols and DeFi coins that exist today and new ones that are emerging every day at a mind-boggling speed has created a huge challenge not only for newcomers but also seasoned crypto traders.

Therefore, I have authored this handbook with the mission to help you understand DeFi and know how to maximize returns from various DeFi tools. This book is written especially for beginners therefore I have minimized the jargons and included a lot of screenshots for easy learning. If you are an intermediate or advanced user, you may skip many of the steps and try out the DeFi platforms straightaway.

This handbook provides a comprehensive guide on how to use all the major DeFi platforms comprising decentralized exchanges, loan, savings markets, yield farming, DeFi applications and more. They include the likes of Uniswap, Sushiswap, Compound, dYdX, AAVE, YAM finance, Balancer, Bancor, MakerDAO, Harvest Finance, Sora Farm, InstaDapp, C.R.E.A.M Finance, Alpha Amora , Torque, and more.

In addition, I have also included several topics that I think every reader should learn. The new topics include flash loan, a loan that you can borrow and repay in the same transaction. I explained the concept in detail and then guide you on how to execute a flash loan. Another topic is risk management. Although DeFi is an attractive investment opportunity, the risk is also high. In this topic, I explained how you can reduce risk due to smart contract failure, wallet security, and more. Besides that, I showed you how to reduce or hedge risks by using the products and services offered by some of the DeFi platforms for buying and selling protection. The protection includes options trading and insurance.