What is 'DeFi (Decentralized Finance)'?

What exactly is DeFi, or Decentralized Finance? This innovative financial system leverages blockchain technology to provide decentralized alternatives to traditional financial services. By eliminating intermediaries, DeFi enables users to lend, borrow, trade, and earn interest on cryptocurrencies directly through smart contracts. How does this transformative approach reshape the financial landscape?

#Crypto FAQ

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