Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to a financial ecosystem built on public blockchain networks that enables lending, borrowing, trading, derivatives, and other financial services without traditional centralized intermediaries such as banks or brokerages. Instead of institutions, DeFi relies on smart contractsāself-executing programs deployed on blockchains. Most DeFi activity occurs on the Ethereum network, though other blockchains […]
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