What is DeFi? Understanding Decentralized Finance
Decentralized Finance, commonly known as DeFi, is an emerging financial technology that leverages blockchain technology to remove intermediaries in financial transactions. Unlike traditional financial systems that rely on banks and financial institutions, DeFi aims to provide financial services directly to users through decentralized applications (dApps) and smart contracts. By eliminating central authorities, DeFi offers greater … Continue reading What is DeFi? Understanding Decentralized Finance
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