Zelcore

DeFi Explained — From Staking to Swaps

Decentralized finance: what it is, how to use it, and where the risks hide.

DeFi means something different depending on who you ask. These articles explain the actual mechanics — liquidity pools, lending protocols, yield farming — and the failure modes that matter when your money is on-chain.

Holding RWAs in a Self-Custody Wallet: Approvals, Transferability, and Tax

Holding RWAs in a Self-Custody Wallet: Approvals, Transferability, and Tax

Self-custody is necessary but not sufficient for RWAs. Approvals, KYC bindings, and tax treatment all matter. Capstone of our 6-part RWA series.

10 min read
RWA Risk: Redemption, Custody, and the Counterparty Waterfall

RWA Risk: Redemption, Custody, and the Counterparty Waterfall

Self-custody does not insulate you from issuer, custodian, or transfer-agent failure. A practical map of the five-layer counterparty stack behind every RWA token.

9 min read
Tokenised Equities and Commodities: Backed, XAUT, PAXG, and the Path to On-Chain Stocks

Tokenised Equities and Commodities: Backed, XAUT, PAXG, and the Path to On-Chain Stocks

Tokenised gold passed $6B and xStocks crossed $10B in volume. Here is how Backed, XAUT, PAXG, Dinari and Robinhood actually work in 2026.

7 min read
Private Credit On-Chain: Centrifuge, Maple, Goldfinch, and the $3.2B+ Lending Layer

Private Credit On-Chain: Centrifuge, Maple, Goldfinch, and the $3.2B+ Lending Layer

Tokenised private credit hit $3.2B outstanding by March 2026, up 180% YoY. We unpack Centrifuge, Maple, and Goldfinch — yields, mechanics, and the defaults.

8 min read
Tokenised Treasuries: BUIDL, USDY, OUSG, FOBXX, and the $15B T-Bill Layer

Tokenised Treasuries: BUIDL, USDY, OUSG, FOBXX, and the $15B T-Bill Layer

Tokenised US Treasuries crossed $15B in 2026. A plain-English tour of BUIDL, BENJI, OUSG, USDY, USYC, USTB and how T-Bills became DeFi's reserve.

7 min read
Tokenised RWAs: What Legal Wrapper vs On-Chain Representation Actually Means

Tokenised RWAs: What Legal Wrapper vs On-Chain Representation Actually Means

RWA tokenisation hit $26.4B in Q1 2026. Here's why the legal wrapper, not the token contract, decides whether you actually own anything.

8 min read
DeFi Security in Zelcore: Approvals, Hardware Wallets, and SSP

DeFi Security in Zelcore: Approvals, Hardware Wallets, and SSP

A capstone on Zelcore DeFi security: ERC-20 approvals, Permit2, clear-signing with Ledger and Trezor, SSP 2-of-2 multisig, and custom RPCs.

11 min read
Staking and Earning Yield Inside Zelcore

Staking and Earning Yield Inside Zelcore

How Zelcore Earn surfaces native delegated staking for FLUX, ATOM, SOL and ADA while deliberately skipping LSTs, lending and restaking.

8 min read
Swapping in Zelcore: The Fusion Aggregator, Slippage, and On-Ramps

Swapping in Zelcore: The Fusion Aggregator, Slippage, and On-Ramps

How Zelcore Fusion actually works: it aggregates centralized instant-swap providers rather than on-chain DEXs. A walkthrough of fixed vs floating rates, provider routing, MoonPay and Guardarian on-ramps, and when to skip Fusion for a DEX.

8 min read
Using Zelcore as Your DeFi Entry Point

Using Zelcore as Your DeFi Entry Point

Zelcore spans 80+ chains under one 24-word seed and connects to DeFi via WalletConnect v2. A beginner-friendly look at what that buys you and what it costs.

8 min read
What an AMM Really Is: The x·y=k Invariant Explained With $100 Examples

What an AMM Really Is: The x·y=k Invariant Explained With $100 Examples

An automated market maker uses a simple formula, x times y equals k, to price every trade. Here is what that means, with $100 examples.

3 min read
Wallets, Gas, and Approvals: The Three Things Every DeFi User Must Understand

Wallets, Gas, and Approvals: The Three Things Every DeFi User Must Understand

Before you swap, lend, or farm anything, you need to understand the three primitives every DeFi interaction depends on: your wallet, gas, and token approvals.

7 min read
What DeFi Actually Is: Permissionless Finance Explained From the Bottom Up

What DeFi Actually Is: Permissionless Finance Explained From the Bottom Up

DeFi replaces banks and brokers with public smart contracts. Here is what that actually means, mechanically, and why one change cascades into everything else.

6 min read
How On-Chain Lending Works: Collateral, Health Factor, and Liquidations

How On-Chain Lending Works: Collateral, Health Factor, and Liquidations

DeFi lending explained with a worked example: deposit collateral, borrow against it, watch the health factor, and understand how liquidations actually fire.

8 min read
Stablecoins From First Principles: Fiat-Backed, Crypto-Backed, and Algorithmic

Stablecoins From First Principles: Fiat-Backed, Crypto-Backed, and Algorithmic

Three stablecoins labelled $1 can rest on wildly different foundations. Learn how fiat-backed, crypto-backed, and algorithmic designs actually work — and fail.

9 min read
Impermanent Loss: Why Providing Liquidity Isn't Free Money

Impermanent Loss: Why Providing Liquidity Isn't Free Money

Impermanent loss is the hidden cost of being an AMM liquidity provider. Here's the math, a reference table, and a checklist to decide if the fees are worth it.

4 min read
Oracles and the Price Problem: How DeFi Knows What Anything Is Worth

Oracles and the Price Problem: How DeFi Knows What Anything Is Worth

Smart contracts are sealed from the outside world by design. Oracles are the signed conduits that pipe prices in — and the single point where DeFi most often breaks.

10 min read
Composability and Systemic Risk: Why DeFi Protocols Fail Together

Composability and Systemic Risk: Why DeFi Protocols Fail Together

DeFi's composability lets protocols stack like Lego, but it also means one oracle glitch or depeg can cascade across lending, AMMs, and stablecoins in minutes.

10 min read
    DeFi Explained — From Staking to Swaps | Zelcore Academy