DeFi (Decentralized Finance) encompasses various defi use cases, including decentralized exchanges (DEXs), lending, borrowing, yield farming, staking, and synthetic assets. By utilizing blockchain technology and smart contracts, DeFi platforms eliminate intermediaries and offer financial services such as interest-bearing accounts, asset trading, and derivatives. Popular use cases also include tokenized real estate, insurance, and decentralized prediction markets. DeFi is transforming traditional financial systems by offering greater transparency, lower fees, and improved accessibility to a global audience.
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Holy Ruins _ 20200211202046
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