DeFi development refers to the creation of decentralized finance solutions built on blockchain technology, aiming to revolutionize traditional financial systems. It includes the development of protocols for lending, borrowing, trading, and investing without intermediaries. By utilizing smart contracts, DeFi platforms offer greater transparency, security, and accessibility. Developers create DeFi applications that empower users with more control over their assets, offering opportunities in decentralized exchanges (DEXs), liquidity pools, yield farming, and tokenization, ultimately reshaping financial services.
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