Today on the Brief: US Gov’t forces China’s Houston consulate to close US previously-owned housing market grows 20.7% May to June Insider stock selling reaches record levels Our main discussion: DeFi 101 Today’s episode of The Breakdown is a primer for anyone who has lost track of the terminology surrounding decentralized finance. In it, NLW goes over: DeFi’s background and origins Market making in a traditional context Automated market making  How liquidity mining incentives economic participation  How decentralized exchanges differ from centralized exchanges  What “yield farming” actually means Why we shouldn’t be concerned about the Yield Farming bubble