Composability
Composability is a design principle in decentralized finance (DeFi) that allows various protocols and smart contracts to interact and integrate seamlessly. This interconnectedness enables developers to build complex applications by combining existing components, fostering innovation and expanding functionality.
For instance, a lending platform can integrate with a decentralized exchange to offer collateral liquidation services. Understanding composability is essential for web3 developers aiming to create versatile and interoperable applications, as it leverages the collective capabilities of the blockchain ecosystem. This approach accelerates development and leads to more robust and feature-rich decentralized services.