Answers (1)

Arsalan Afzal
Feb 22, 2022 06:21:08Decentralized finance, or "DeFi" for short, is a new and rapidly growing area of the cryptocurrency world. DeFi refers to any financial product or service that is built on top of a decentralized blockchain platform like Ethereum. This includes products such as decentralized exchanges, peer-to-peer lending platforms, and digital asset wallets. One of the key benefits of using DeFi products is that they are trustless and censorship-resistant. This means that you can be assured that your funds are always safe and cannot be frozen or seized by anyone without your consent. Additionally, DeFi products are often much cheaper and faster than traditional financial products and services.
Top AnswerAnswer
Hot Questions
Earn Diamonds from claiming your daily reward and reading our latest articles.
This website stores cookies on your computer. To find out more about the cookies we use, see our Privacy Policy