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Explain DeFiβοΈπ
You might have been hearing of DeFi for a long time and you don't really understand it huh?
Now here is what it mean
WHAT IS DEFI ππ
DeFi stands for Decentralized Finance. It refers to a system of financial applications built on blockchain technology, typically on Ethereum, that aims to recreate and improve traditional financial services like lending, borrowing, trading, and earning interest without relying on banks or other centralized institutions.
Simple π€¨