What is DeFi? Transforming Lending and Borrowing in the Digital Age

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2024-10-23 10:04:56

In recent years, the financial landscape has experienced a dramatic transformation, thanks in large part to the emergence of Decentralized Finance (DeFi). But what is DeFi? Simply put, it refers to a new financial paradigm that leverages blockchain technology to eliminate the need for intermediaries in financial transactions. This revolutionary approach enables users to engage directly...

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