DeFi, short for Decentralized Finance, refers to a category of financial services that are built on blockchain technology and operate without traditional intermediaries like banks or brokerages. Instead, they rely on smart contracts, which are self-executing contracts with the terms of the agreement

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Fascinating topic! DeFi is revolutionizing the financial sector by providing decentralized alternatives to traditional services. Smart contracts play a crucial role in ensuring transparency and security in these transactions.