DeFi

What is DeFi?
DeFi (Decentralized Finance) is a new financial system that works on the basis of blockchain technology. It allows users to access financial services without having to contact banks or other financial institutions. How does DeFi work? DeFi uses smart contracts-programs that automatically fulfill the terms of a transaction when certain conditions are met. This makes the process more transparent and secure. Users can take out loans, lend money, exchange currency, and even earn interest on their
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
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