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DeFi · 16 articles
What Is a DAO? — OTCN Research cover
DeFi 07 Oct · 6 min

What Is a DAO?

A DAO is an organization run by smart contract rules and token holder votes. How DAOs make decisions, what they control and how governance can be attacked.

What Is an Automated Market Maker? — OTCN Research cover
DeFi 07 Oct · 5 min

What Is an Automated Market Maker?

An automated market maker prices trades with a formula and a token pool, not an order book. How x × y = k works, a worked price-impact example and the risks.

How DeFi Lending and Borrowing Works — OTCN Research cover
DeFi 07 Oct · 6 min

How DeFi Lending and Borrowing Works

DeFi lending lets you deposit crypto to earn interest or borrow against collateral via smart contracts. How rates are set, why loans need extra collateral.