In the world of Crypto, you will see these 3 letters, DEX. Those letters are an acronym for Decentralized Exchange. So what is a DEX, or decentralized exchange? Let me fill you in! Keep it Simple Version: A website that allows you to connect to the blockchain to allocate crypto towards different technology protocols. For Example: I have some Bitcoin, and I would like to allocate to Stacks, a layer 2 on the Bitcoin Protocol. The way you can do this is my swapping your Bitcoin for Stacks. BTC goes in and STX comes out! - Swap Complete To do that transaction, you will need to use a DEX, which will allow you to change (swap) your crypto for another crypto. Why would you want to Swap or Change your Crypto for another one? There are many reasons, but for now, just know that its a way to become partial owner of the protocol, by holding their protocol tokens. It would be like someone owning a small percentage of the land with a farm running on it. So as the owner of the Land, you will be able to receive potential rewards(returns, Profits) from the farm depending on how well it does, how many people buy the food from the farm, Basically, how many people that transact with the Farm, will depend on how much profit the farm will return. So when it comes to blockchain, the protocol is the farm, and the blockchain is the land. The more people that buy into the blockchain, becomes the more people that can earn from protocols. We track how well a protocol is doing by the amount of volume it does throughout the year. All of this information is available on blockchain explorers. I know its alot right now, but it will come together over time, especially after watching the video workshops.