Saimon
@9cosmos
The Rise of DeFi: What You Need to Know Decentralized Finance (DeFi) has taken the crypto world by storm, with over $10 billion locked in DeFi protocols. But what is DeFi, and how does it work? In simple terms, DeFi is a financial system that operates on blockchain technology, allowing for lending, borrowing, and trading without intermediaries. With its promise of higher yields and greater control, it's no wonder DeFi is gaining traction.
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