Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

Decentralized Finance (DeFi) Decentralized Finance (DeFi) is a financial system built on blockchain technology that operates without the need for a centralized authority. Instead, it utilizes smart contracts and decentralized systems to provide financial services. This allows for greater access, transparency, and security for users. DeFi includes a wide range of financial services, including lending, borrowing, trading, insurance, and more. Some examples include decentralized exchanges (DEXs) that allow for peer-to-peer