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Making Sense of Decentralized Finance

Author

Abstract

What is DeFi? And how does it differ from traditional finance?

Suggested Citation

  • Joseph Abadi, 2024. "Making Sense of Decentralized Finance," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 9(1), pages 18-24, March.
    • Handle: RePEc:fip:fedpei:98019
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    References listed on IDEAS

    as
    1. Igor Makarov & Antoinette Schoar, 2022. "Cryptocurrencies and Decentralized Finance (DeFi)," NBER Working Papers 30006, National Bureau of Economic Research, Inc.
    2. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    3. Hansmann, Henry, 1988. "Ownership of the Firm," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(2), pages 267-304, Fall.
    4. Daniel R. Sanches, 2018. "Bitcoin vs. the Buck: Is Currency Competition a Good Thing?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 3(2), pages 9-14, April.
    Full references (including those not matched with items on IDEAS)

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