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On the overall topics of deep dive into DeFi: Explain how dYdX works. Give examples. Explain how Sythetic works. Give examples. On the overall topics

  1. On the overall topics of deep dive into DeFi:
    1. Explain how dYdX works. Give examples.
    2. Explain how Sythetic works. Give examples.

  1. On the overall topics of deep dive into DeFi:
    1. Explain how Yield Protocol works. Give examples.
    2. Explain how Set Protocol works. Give examples.

  1. On the overall topics of DeFi risk:
    1. What is smart contract risk? Explain.
    2. What is governance risk? Explain.
    3. What is DEX risk? Explain.

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