The Gug Letter

The Gug Letter

DeFi - DEX Explained - Why is it Important?

Learn about decentralized finance and decentralized exchanges.

Joe Guglielmucci's avatar
Joe Guglielmucci
Jan 12, 2021
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In today’s walk Around the Block, we explain the mechanics and forces at play behind the emergence of DeFi.

The financial world as we know it today is centralized. Central authorities control and issue their respective currency that drives global economic activity (banks & governments).

What does this mean?

The power to regulate and manipulate supply rest…

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