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You're reading from  Building Full Stack DeFi Applications

Product typeBook
Published inMar 2024
PublisherPackt
ISBN-139781837634118
Edition1st Edition
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Samuel Zhou
Samuel Zhou
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Samuel Zhou

Samuel Zhou has over 15 years of software engineering experience in top high tech companies including being a blockchain developer as his hobby since 2018. In 2022, Samuel turned his enthusiasm on blockchain technology into a business by founding TiFi, which is a silicon valley based startup that builds e-Commerce platform on blockchain and brings blockchain to everyday life. Over there he has created TiFi Token that offers token rebates so people can get cash back when spending the token. Also he has built TiFi Bank which is a DeFi application that offers crypto saving, lending, trading, staking and liquidity management features. Samuel holds a Master Degree and a Bachelor Degree in Computer Science.
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Summary

In this chapter, you learned the characteristics of a decentralized crypto loan. We also went through the personas involved in a crypto loan system and the architecture of the crypto loan smart contracts. We also introduced every smart contract we will implement for a crypto loan and how these smart contracts interact with each other. After that, we explored how interest rates are calculated and dived into the interest rate model.

We also implemented three smart contracts for a crypto loan, PoolConfiguration, AssetPoolShare, and AssetPoolShareDeployer, in this chapter. These smart contracts are the cornerstones of the whole crypto loan system. Finally, we went through one of the most popular lending protocols, Aave, to aid our understanding of the concepts demonstrated in this chapter.

In the next chapter, we will implement the asset pool smart contract using these cornerstones. The asset pool smart contract implements all the business logic for user operations and a...

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Building Full Stack DeFi Applications
Published in: Mar 2024Publisher: PacktISBN-13: 9781837634118

Author (1)

author image
Samuel Zhou

Samuel Zhou has over 15 years of software engineering experience in top high tech companies including being a blockchain developer as his hobby since 2018. In 2022, Samuel turned his enthusiasm on blockchain technology into a business by founding TiFi, which is a silicon valley based startup that builds e-Commerce platform on blockchain and brings blockchain to everyday life. Over there he has created TiFi Token that offers token rebates so people can get cash back when spending the token. Also he has built TiFi Bank which is a DeFi application that offers crypto saving, lending, trading, staking and liquidity management features. Samuel holds a Master Degree and a Bachelor Degree in Computer Science.
Read more about Samuel Zhou