Lecture 6: DeFi Terms You MUST Know (Cheat Sheet)

🔰 TVL (Total Value Locked):

How much money is inside a DeFi app.

🔰 Yield Farming:

Moving your crypto between apps to get the best interest.

🔰 Liquidity Pool (LP):

Where users deposit their crypto so others can trade easily.

🔰 APR/APY:

Interest rates (APR = yearly simple, APY = with compounding)

🔰 DEX:

Decentralized Exchange

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