As democratization of finance becomes the next big thing with crypto payments and Blockchain technologies making the cut, how is decentralization playing a role? Decentralized finance or DeFi is driving independence in banking and payments like never before. On episode 4 of The Web3 Webinar, we delve to derive deeper insights into DeFi and its connected concepts. Watch the video for more. For more information on Web3 and its wide-ranging potential, read https://www.ionixxtech.com/solution/web3-blockchain-solutions To watch web3 webinar Defi video, To know more: https://youtu.be/eIQi5BjkNm8

3. We are a technology company with a design-first approach that helps forward-looking Startups and Enterprise Firms
with:
● Web3 solutions
● FinTech solutions
● & HealthTech solutions
We do this through Cloud-enablement, Enterprise agility, UX Design and other cutting-edge web and mobile
technologies.
About Us
About the Speaker
Shaan Ray is a technology researcher and Web 3 specialist who helps
organizations unleash the power of emerging tech in reshaping their business
goals.
Under his mentorship, companies embrace transformative solutions to tap new
markets and fresh customer segments.
Shaan specializes in Web3 and emerging tech.

4. What Is DeFi?
▪ DeFi is short for Decentralized Finance.
▪ DeFi is the ecosystem of fintech apps built on top of
blockchain protocols
○ Therefore decentralized in nature.
▪ Most DeFi apps are built on top of the Ethereum
blockchain
○ As new blockchain protocols gain popularity, the
DeFi ecosystem is likely to expand

5. DeFi Features
▪ DeFi is a movement built on top of blockchain technology
that aims to create an inclusive, decentralized,
permissionless, censor-proof, transparent and open-source
financial system
▪ It is available to anyone with a cryptocurrency wallet,
smart device and an internet connection
▪ In DeFi systems, users interact with the network using
DApps and peer-to-peer networks. Unlike traditional
finance in DeFi systems, users maintain complete control
over their assets.
▪ Once users deposit their money on the platform, they
decide how to manage their investments using smart
contracts rather than trusting human intermediaries to do
the job.

6. How Smart Contracts
Power DeFi
▪ DeFi applications turn financial rules and procedures into
smart contracts and code. This helps to automate the
processes and make them accessible to everyone on the
platform.
▪ By turning the rules into code embedded within smart
contracts, users can automatically execute a wide range
of processes with the click of a button, which would be
expensive to do and require manual supervision in
traditional finance.
▪ Smart contracts make the transactions faster, cheaper,
easier, and more secure for all parties involved.

7. Advantages of DeFi
Democratized Finance
Permissionless
Decentralize
d
Interoperable
Accessible Globally
Peer to Peer
Transparent
DeFi

8. DeFi Use Cases
▪ Lending
▪ Decentralized Exchanges (DEXs)
▪ Prediction Markets

9. Notable Concepts Of DeFi
▪ Money Legos
Building blocks which can be joined together to create new
financial products
▪ Composability
New solutions can be built using open source code as
building blocks
▪ Liquidity Mining
Providing Liquidity to a DeFi protocol in return for the trading
pair as well as some tokens
▪ Yield Farming
Generating passive crypto rewards by lending them to a
liquidity pool - wherever yield is highest
▪ Impermanent Loss
A temporary loss caused by volatility in a trading pair only
realized upon withdrawal

10. DeFi – Challenges & Risks
▪ Adoption Rates
▪ Bandwidth
▪ Crypto Volatility
○ Lost keys
▪ Badly Written Smart Contracts

11. Conclusion
▪ The goal of DeFi platforms is to disrupt financial
intermediaries and democratize finance
▪ While there are a few challenges, multiple solutions to
address these challenges are currently under
development
▪ DeFi will inevitably disrupt the world of traditional
finance in the medium to long term and create a more
inclusive and democratic banking environment for
everyone
○ Enterprises will incorporate DeFi solutions as well

12. How We Can Help
Here are some ways in which we can help you create and
manage DeFi Solutions:
● DeFi Advisory services
○ platform choice
○ translate financial logic and processes into code
● Create the checks and measures you require
● Create smart contracts for your DeFi project
● Integrate on-chain and off-chain oracles to your smart
contracts
● Audit and test your code
● Provide design side support for your project
● Help you create and launch the tokens for your DeFi
project
● Launch your DeFi project live on a blockchain platform

13. Get in Touch
Email: shaan.ray@ionixxtech.com
Web: www.ionixxtech.com
Telegram: @shaanray
LinkedIn: https://linkedin.com/in/shaanray
Twitter: https://twitter.com/shaanray
DeFi In Depth:
Questions?