Robertson
@electro97
Day 2. Today we will talk about decentralized finance (DeFi) š DeFi stands for "Decentralized Finance." It is a way of doing financial activities like lending, borrowing, and trading using blockchain technology. What new opportunities are opened up by DeFi projects and how do they compete with traditional financial institutions? 1. No middlemen: Transactions take place directly between users without banks or other intermediaries. š 2. Anyone with an Internet connection has access to DeFi and can use these services wherever they are. š 3. Platforms offer unique services such as smart contracts, decentralized exchanges, betting and lending, and blockchain provides high transparency and security. š 4. DeFi forces traditional financial institutions to adapt by offering more competitive services and lower fees. š Are you already using DeFi? Share your experience below - it will be interesting to read, and don't forget to subscribe) š š š
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