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Decentralized Finance

Decentralized Finance

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**Decentralized Finance**

What is Decentralized Finance?

Decentralized Finance (DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments. Instead, it utilizes smart contracts on blockchains, most commonly Ethereum, to provide services like lending, borrowing, trading, and yield farming. DeFi aims to create a more open, accessible, and transparent financial system.

What other technologies are related to Decentralized Finance?

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