DeFi use cases that revolutionize traditional finance. Key use cases include decentralized exchanges (DEXs) for trading assets, lending and borrowing platforms for interest-bearing loans, and stablecoins for maintaining price stability. Yield farming and staking allow users to earn rewards for providing liquidity, while decentralized insurance models offer risk mitigation. DeFi protocols are also being applied in areas like synthetic assets, prediction markets, and decentralized asset management, offering innovative alternatives to traditional financial systems.
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