What is DeFi?
DeFi (Decentralized Finance) — this is a new financial system that works on the basis of blockchain technology. It allows people to access financial services without the involvement of banks and other intermediaries. How DeFi works: Stablecoins. These are cryptocurrencies that are pegged to the value of real assets, such as the dollar or gold. They are used for exchange and trading in DeFi applications. Lending and borrowing. In DeFi, people can take loans secured by their cryptocurrencies or