DeFi and Decentralized Finance: A Complete Guide for Investors
DeFi, or decentralized finance, is a system of financial services—lending, trading, borrowing, and earning yield—built on public blockchains and executed by smart contracts instead of banks. It matters because it removes intermediaries from finance, and its principal impact is open, programmable access to capital markets that now secure well over $100 billion in deposited assets […]
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