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Cryptofreebies
@cryptofreebies
Day 11: Decentralized Finance (DeFi) Welcome to Day 11 of our Crypto for Beginners series! 🌟 Imagine a world where financial services are accessible to anyone, anywhere, without relying on traditional banks. This is the promise of Decentralized Finance, or DeFi. 🌐 What is DeFi? • DeFi refers to financial …
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Cryptofreebies
@cryptofreebies
3. EARNING INTEREST: Alice decides to put some of her crypto in a liquidity pool on Aave. She earns rewards, contributing to the network's liquidity and benefiting from higher returns than her local bank could offer. POPULAR DeFi PLATFORMS: - UNISWAP: A decentralized exchange for trading cryptocurrencies. - COMPOU…
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