{"id":1435,"date":"2021-05-30T21:38:54","date_gmt":"2021-05-30T19:38:54","guid":{"rendered":"https:\/\/simplecryptoguide.com\/?page_id=1435"},"modified":"2026-10-25T18:43:41","modified_gmt":"2026-10-25T17:43:41","slug":"what-is-decentralized-finance-defi","status":"publish","type":"post","link":"https:\/\/simplecryptoguide.com\/es\/what-is-decentralized-finance-defi\/","title":{"rendered":"DeFi: intercambios, pr\u00e9stamos y los riesgos entre ambos"},"content":{"rendered":"<div data-no-translation><p>[et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;40px||40px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; background_color=&#8221;#fff8d8&#8243;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;2_3,1_3&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; module_class=&#8221;scg-learning-hero&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;2_3&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; header_font_size=&#8221;42px&#8221; header_font_size_phone=&#8221;32px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; header_line_height=&#8221;1.16em&#8221;]<\/p>\n<div class=\"scg-learning-breadcrumb\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n<h1>DeFi: intercambios, pr\u00e9stamos y los riesgos entre ambos<\/h1>\n<p>Las finanzas descentralizadas utilizan contratos en blockchain para coordinar intercambios, pr\u00e9stamos y otras actividades financieras. Sigue los activos y permisos para entender en qu\u00e9 conf\u00edas en cada paso.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;1_3&#8243;][et_pb_image _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2026\/10\/defi-decentralized-finance.png&#8221; alt=&#8221;B\u00f3vedas conectadas y flechas de intercambio que ilustran las finanzas descentralizadas&#8221; title_text=&#8221;B\u00f3vedas conectadas y flechas de intercambio que ilustran las finanzas descentralizadas&#8221; align=&#8221;center&#8221; max_width=&#8221;260px&#8221; max_width_phone=&#8221;200px&#8221; max_width_last_edited=&#8221;on|phone&#8221; custom_margin=&#8221;0px|auto|0px|auto|true|true&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;swap-walkthrough&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Sigue un intercambio desde la cartera hasta el resultado<\/h2>\n<div class=\"scg-learning-grid scg-learning-paths\">\n<div class=\"scg-learning-card\"><span class=\"scg-learning-number\" aria-hidden=\"true\">1<\/span><\/p>\n<h3>Elige la red<\/h3>\n<p>Utiliza una cartera, versi\u00f3n del activo y token de comisiones compatibles con el protocolo. Un token de otra red no se vuelve utilizable aqu\u00ed autom\u00e1ticamente.<\/p>\n<\/div>\n<div class=\"scg-learning-card\"><span class=\"scg-learning-number\" aria-hidden=\"true\">2<\/span><\/p>\n<h3>Revisa la cotizaci\u00f3n<\/h3>\n<p>Comprueba entrada, salida esperada, m\u00ednimo recibido, impacto en el precio, ruta y comisi\u00f3n de red. La liquidez cambia; la cotizaci\u00f3n mostrada no es una promesa incondicional.<\/p>\n<\/div>\n<div class=\"scg-learning-card\"><span class=\"scg-learning-number\" aria-hidden=\"true\">3<\/span><\/p>\n<h3>Revisa los permisos<\/h3>\n<p>Si hace falta aprobar un token, verifica el contrato autorizado y el l\u00edmite antes del intercambio. Conectar una cartera, aprobar gastos y ejecutar el intercambio son acciones separadas.<\/p>\n<\/div>\n<div class=\"scg-learning-card\"><span class=\"scg-learning-number\" aria-hidden=\"true\">4<\/span><\/p>\n<h3>Verifica el resultado<\/h3>\n<p>Comprueba el estado y los activos realmente recibidos en el explorador correcto. Las transacciones fallidas tambi\u00e9n pueden costar una comisi\u00f3n de red. Revisa permisos que ya no necesitas.<\/p>\n<\/div>\n<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; module_class=&#8221;scg-learning-panel&#8221; background_color=&#8221;#fff8d8&#8243; custom_padding_phone=&#8221;22px|18px|22px|18px|true|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|16px|16px|16px|16px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>De d\u00f3nde procede el rendimiento<\/h2>\n<div class=\"scg-learning-table\">\n<table>\n<thead>\n<tr>\n<th scope=\"col\">Actividad<\/th>\n<th scope=\"col\">Posible fuente de rendimiento<\/th>\n<th scope=\"col\">Exposiciones principales<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Pr\u00e9stamos<\/td>\n<td>Intereses pagados por prestatarios y, a veces, tokens de incentivo.<\/td>\n<td>Deuda incobrable, variaciones de garant\u00edas, cambios de tipos y riesgo del contrato.<\/td>\n<\/tr>\n<tr>\n<td>Provisi\u00f3n de liquidez<\/td>\n<td>Comisiones de intercambio y, a veces, tokens de incentivo.<\/td>\n<td>Cambios de precio, p\u00e9rdida impermanente, actividad negociadora y riesgo del contrato.<\/td>\n<\/tr>\n<tr>\n<td>Staking<\/td>\n<td>Recompensas del protocolo por asegurar una red de prueba de participaci\u00f3n.<\/td>\n<td>Rendimiento del validador, penalizaciones, reglas de retirada e intermediarios.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Un producto denominado \u00abstaking\u00bb puede ser realmente un pr\u00e9stamo o un programa de rendimiento con custodia. Lee qu\u00e9 ocurre con los activos. Los incentivos pagados en un token que cae pueden perder valor aunque aumente el saldo mostrado.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;collateral-example&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; module_class=&#8221;scg-learning-panel&#8221; background_color=&#8221;#fff8d8&#8243; custom_padding_phone=&#8221;22px|18px|22px|18px|true|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|16px|16px|16px|16px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Ejemplo: la garant\u00eda puede resultar insuficiente<\/h2>\n<p>En una posici\u00f3n de pr\u00e9stamo simplificada, la garant\u00eda vale 1.000 d\u00f3lares, la deuda es 500 y el umbral de liquidaci\u00f3n es del 80 por ciento. Factor de salud = valor de la garant\u00eda \u00d7 umbral \u00f7 deuda. Inicialmente: 1.000 \u00d7 0,80 \u00f7 500 = 1,60.<\/p>\n<p>Si la garant\u00eda cae a 600 d\u00f3lares y la deuda sigue en 500, el resultado es 0,96. Con una regla que permite liquidar por debajo de 1, parte o toda la posici\u00f3n puede liquidarse con costes. Es un modelo hipot\u00e9tico, no un par\u00e1metro citado de una plataforma.<\/p>\n<p>Intereses, precios de or\u00e1culos, m\u00faltiples garant\u00edas y reglas espec\u00edficas cambian el c\u00e1lculo real. Un valor superior a 1 no garantiza protecci\u00f3n ante movimientos r\u00e1pidos. Comprende las reglas de salida y liquidaci\u00f3n antes de endeudarte.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Revisa toda la cadena de dependencias<\/h2>\n<div class=\"scg-learning-grid\">\n<div class=\"scg-learning-card\">\n<h3>Interfaz y cartera<\/h3>\n<p>Verifica dominio, origen del software y solicitud de firma. Una web de phishing puede copiar el nombre de un protocolo leg\u00edtimo.<\/p>\n<\/div>\n<div class=\"scg-learning-card\">\n<h3>Contrato y gobernanza<\/h3>\n<p>Lee auditor\u00edas, permisos y controles de actualizaci\u00f3n. Una auditor\u00eda reduce cierta incertidumbre; no garantiza seguridad ni cubre todos los cambios posteriores.<\/p>\n<\/div>\n<div class=\"scg-learning-card\">\n<h3>Precios, puentes y garant\u00edas<\/h3>\n<p>Identifica dependencias de or\u00e1culos, activos puenteados y concentraci\u00f3n de garant\u00edas. Un fallo externo puede afectar a un protocolo que por lo dem\u00e1s funciona como estaba previsto.<\/p>\n<\/div>\n<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Comprar un token DeFi no equivale a usar DeFi<\/h2>\n<p>Un token de gobernanza o utilidad no concede autom\u00e1ticamente ingresos del protocolo, un derecho sobre dep\u00f3sitos o protecci\u00f3n frente a p\u00e9rdidas. Investiga derechos, cambios de oferta y uso real independientemente de la popularidad del protocolo. DeFi funciona en varias redes; Ethereum complet\u00f3 su transici\u00f3n a prueba de participaci\u00f3n en 2022.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; module_class=&#8221;scg-learning-panel&#8221; background_color=&#8221;#fff8d8&#8243; custom_padding_phone=&#8221;22px|18px|22px|18px|true|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|16px|16px|16px|16px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Pon en pr\u00e1ctica esta lecci\u00f3n<\/h2>\n<p>Ejercicio: sigue un intercambio hipot\u00e9tico, enumera permisos y costes y explica c\u00f3mo saldr\u00edas. Estudia liquidez y carteras antes de probar un protocolo desconocido. Nuestra calculadora estima costes de negociaci\u00f3n en plataformas; no modela gas DeFi, riesgo de pr\u00e9stamo ni liquidaciones.<\/p>\n<div class=\"scg-learning-actions\"><a href=\"https:\/\/simplecryptoguide.com\/es\/oferta-como-extension-y-deslizamiento-explicado\/#liquidity-example\" class=\"scg-learning-button\">Liquidez y deslizamiento <span aria-hidden=\"true\">\u2192<\/span><\/a><a href=\"https:\/\/simplecryptoguide.com\/es\/categoria\/como-comprar\/buy-defi\/\" class=\"scg-learning-button\">Explorar activos DeFi <span aria-hidden=\"true\">\u2192<\/span><\/a><\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h3>De una plataforma a una cartera<\/h3>\n<p>Comprar en una plataforma solo es el paso de financiaci\u00f3n. Verifica por separado la red de retirada y el destino antes de interactuar con un protocolo.<\/p>\n<p><a href=\"https:\/\/www.coinbase.com\/join\/hansso_p\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Coinbase<\/a><\/p>\n<p>Algunos enlaces son de afiliaci\u00f3n. Podemos recibir una comisi\u00f3n si te registras o realizas operaciones a trav\u00e9s de ellos.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;26px||26px||true|false&#8221; custom_padding_phone=&#8221;18px||18px||true|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;&#8221;][et_pb_row _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; column_structure=&#8221;4_4&#8243; width=&#8221;92%&#8221; max_width=&#8221;1120px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;Inter||||||||&#8221; text_font_size=&#8221;17px&#8221; text_text_color=&#8221;#354554&#8243; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h2>Fuentes y verificaci\u00f3n<\/h2>\n<p>Revisado el 25 de octubre de 2026. Los ejemplos son hipot\u00e9ticos. Antes de actuar, comprueba las instrucciones, redes admitidas y condiciones actuales del proveedor.<\/p>\n<ul class=\"scg-learning-sources\">\n<li><a href=\"https:\/\/ethereum.org\/defi\/\" target=\"_blank\" rel=\"noopener\">Ethereum.org<\/a><\/li>\n<li><a href=\"https:\/\/aave.com\/help\/borrowing\/liquidations\" target=\"_blank\" rel=\"noopener\">Aave<\/a><\/li>\n<li><a href=\"https:\/\/support.metamask.io\/hc\/en-us\/articles\/4446106184731\" target=\"_blank\" rel=\"noopener\">MetaMask<\/a><\/li>\n<li><a href=\"https:\/\/ethereum.org\/roadmap\/merge\/\" target=\"_blank\" rel=\"noopener\">Ethereum.org \u2014 The Merge<\/a><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section _builder_version=&#8221;4.27.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; fb_built=&#8221;1&#8243; module_class=&#8221;scg-handbook scg-learning-page&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; 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Sigue los activos y permisos para entender en qu\u00e9 conf\u00edas en cada paso.<\/p>\n","protected":false},"author":1,"featured_media":3757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[98],"tags":[360,809,129,130],"class_list":["post-1435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-intermediate","tag-amm","tag-decentralized-finance","tag-defi","tag-dex"],"_links":{"self":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/1435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/comments?post=1435"}],"version-history":[{"count":1,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/1435\/revisions"}],"predecessor-version":[{"id":18743,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/1435\/revisions\/18743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/media\/3757"}],"wp:attachment":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/media?parent=1435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/categories?post=1435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/tags?post=1435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}