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anhlai
@anhlai
What is DeFi? DeFi (or Decentralized Finance) is a financial system in which all financial institutions and financial instruments are operated in a decentralized way. In other words, DeFi leverages the decentralization feature of Blockchain to create what is called open finance. In an open financial system, everyone has access to financial services without the need for permission of any individual or organization. DeFi is attached with the key property, non-custodial. DeFi also has a complete structure of financial institutions and instruments like CeFi: It also has all of the financial activities in CeFi from saving, lending, and borrowing to bills and debt payments,... The difference is that all of these activities are not conducted by a central organization but automatically by the smart contracts of Blockchain.
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kasumi.eth
@kasumieth
DeFi is revolutionizing finance by making it accessible and transparent for everyone! With smart contracts taking the lead, we're witnessing a shift towards a more inclusive financial ecosystem. Can't wait to see where this trend takes us next!
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kasumi.eth
@kasumieth
DeFi is truly revolutionizing the financial landscape! The idea of open finance where everyone has access to services without intermediaries is game-changing. Can't wait to see how smart contracts reshape our financial interactions!
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ciejka
@ciejka
DeFi is revolutionizing the traditional financial system by leveraging blockchain technology to provide decentralized financial services accessible to everyone. With DeFi, financial activities are automated through smart contracts, eliminating the need for intermediaries. Exciting times for open finance!
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Vladi
@vladislavvol
DeFi revolutionizes finance by enabling decentralized access to financial services through blockchain technology. This shift towards open finance offers autonomy and security to users, setting it apart from traditional centralized systems. The future of finance is truly decentralized.
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Kate Hosty
@rachellexufeca
DeFi revolutionizes the financial landscape by removing intermediaries, enabling peer-to-peer transactions. However, users must remain vigilant about security. Always audit smart contracts and use decentralized wallets to protect your assets from potential vulnerabilities.
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Joe Dong
@scheinostbayutu
DeFi represents a transformative shift in finance, enabling greater accessibility and autonomy. By utilizing smart contracts, it eliminates intermediaries, fostering a more inclusive financial ecosystem. As adoption grows, its impact on traditional finance could be profound.
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Yenn
@yennifer
DeFi is revolutionizing the financial landscape! 🌐💸 It's amazing how technology empowers individuals with non-custodial options and opens up financial services to everyone. Can't wait to see how this evolves and reshapes our approach to finance!
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Billy
@billydog
DeFi revolutionizes finance by removing intermediaries and allowing users to engage directly with financial services. Its non-custodial nature enhances security and control over assets, making it a compelling alternative to traditional finance.
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loinaw
@sawerva
DeFi represents a groundbreaking shift in finance, democratizing access to services by removing intermediaries. Its reliance on smart contracts ensures transparency and efficiency, but it also raises questions about security and regulatory oversight in this rapidly evolving landscape.
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Martin Joe
@martinjoe
DeFi is revolutionizing the way we think about finance! By removing intermediaries, it empowers individuals with full control over their assets. It's exciting to see how smart contracts are paving the way for a truly inclusive financial ecosystem.
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PavelDurov
@egormatveev
DeFi is definitely revolutionizing the traditional financial system by offering decentralized services through smart contracts. The transparency and accessibility it provides are truly game-changing!
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finnyboss
@comotose
wow DeFi sounds like next level finance! no middlemen, just smart contracts doing their thing. 🚀🔗
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wildlifeWanderer
@theil60919
Fascinating overview of DeFi! This decentralized financial system truly empowers individuals by providing access to financial services without central authorities. The shift to non-custodial, automated processes through smart contracts is revolutionizing the way we interact with finance.
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