Skip to main content

Advanced Search

Projected result for your current search: 0

Search Operators:

You can use operators in your search query to narrow down your results even more. Click on the search operator to see an explanation of how it works.
Finds documents with exactly this word group, in exactly this word order and spelling (e.g. "employer branding").
Finds documents with both search terms (e.g. sales AND bonus).
Finds documents with one or the other search term (e.g. porsche OR volkswagen).
Finds documents with all search terms. Blank space is understood as AND (e.g. man robot production).
Finds documents with no appearance of the word behind NOT (e.g. ford NOT "harrison ford").
Finds documents where the search term is mentioned at least "n" times."n" may be any number (e.g. COUNT(gear)>8).
Finds documents with both search terms in any word order, permitting "n" words as a maximum distance between them. Best choose between 15 and 30 (e.g. NEAR(recruit, professionals, 20)).
Finds documents with the search term in word versions or composites. The asterisk * marks whether you wish them BEFORE, BEHIND, or BEFORE and BEHIND the search term (e.g. lightweight*, *lightweight, *lightweight*).
Finds documents with the search term in different spellings. "?" allows only one character (e.g. organi?ation).
Special characters are understood as AND (e.g. Miller Bros. & Sons).

Semantic Search

powered by (Link opens in a new window)
loading …
Log in
Top

A Short History of Decentralized Finance (DeFi)

  • 2025
  • OriginalPaper
  • Chapter
Published in:
Author
Marcelo Emmerich
Published in
Tokenizing the Future
Publisher
Springer Nature Switzerland

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter delves into the transformative journey of Decentralized Finance (DeFi), from its roots in Bitcoin to the innovative protocols of DeFi 1.0 and DeFi 2.0. It highlights the core values of DeFi, including decentralization, transparency, security, and financial inclusivity, and explores the evolution of DeFi through key milestones such as the launch of MakerDAO, the rise of decentralized exchanges, and the introduction of advanced liquidity solutions. The chapter also examines the challenges faced by DeFi, including scalability, security vulnerabilities, and regulatory hurdles, and discusses the future potential of DeFi in democratizing access to financial services. Case studies on Olympus DAO, Uniswap V1, MakerDAO, and Aave provide practical insights into the real-world applications and impact of DeFi, making this chapter a comprehensive guide to understanding the history and evolution of decentralized finance.
AI Generated

This summary of the content was generated with the help of AI.

Already a customer? Then log in here to gain access.

Customer login

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Business + Economics & Engineering + Technology"

Online-Abonnement

Springer Professional "Business + Economics & Engineering + Technology" gives you access to:

  • more than 130.000 books
  • more than 540 journals

from the following subject areas:

  • Automotive
  • Construction + Real Estate
  • Business IT + Informatics
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Mechanical Engineering + Materials
  • Surfaces + Materials Technology
  • Insurance + Risk


Secure your knowledge advantage now!

inform now

Springer Professional "Engineering + Technology"

Online-Abonnement

Springer Professional "Engineering + Technology" gives you access to:

  • more than 75.000 books
  • more than 390 journals

from the following specialised fileds:

  • Automotive
  • Business IT + Informatics
  • Construction + Real Estate
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Mechanical Engineering + Materials
  • Surfaces + Materials Technology





 

Secure your knowledge advantage now!

inform now

Springer Professional "Business + Economics"

Online-Abonnement

Springer Professional "Business + Economics" gives you access to:

  • more than 100.000 books
  • more than 340 journals

from the following specialised fileds:

  • Construction + Real Estate
  • Business IT + Informatics
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Insurance + Risk



Secure your knowledge advantage now!

inform now

For explorers: Get to know our platforms better with a free registration.

Register for free
previous chapter Programmable Money: Aligning Your Money with Your Values
next chapter Real-World Assets (RWAS) Tokenization in Web3: Transforming Finance and Ownership
Title
A Short History of Decentralized Finance (DeFi)
Author
Marcelo Emmerich
Copyright Year
2025
Book
Tokenizing the Future

Print ISBN: 978-3-031-91404-1

Electronic ISBN: 978-3-031-91405-8

Copyright Year: 2025

DOI
https://doi.org/10.1007/978-3-031-91405-8_14
This content is only visible if you are logged in and have the appropriate permissions.

Premium Partner

    Image Credits
    Neuer Inhalt/© ITandMEDIA, Nagarro GmbH/© Nagarro GmbH, AvePoint Deutschland GmbH/© AvePoint Deutschland GmbH, AFB Gemeinnützige GmbH/© AFB Gemeinnützige GmbH, USU GmbH/© USU GmbH, Ferrari electronic AG/© Ferrari electronic AG