> For the complete documentation index, see [llms.txt](https://qualitax.gitbook.io/qx-defi-risks-101/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qualitax.gitbook.io/qx-defi-risks-101/risks-in-defi/basics-ii-defi.md).

# Basics II - DeFi