Lucifer Hunter
@llucifer
What is "DeFi"? š³ Digital Finance. š Dividend-Free Investments. š Distributed Financial Security. š¦ Decentralized Finance.
0 reply
0 recast
1 reaction
Lucifer Hunter
@llucifer
DeFi (Decentralized Finance) refers to financial services built on blockchain technology that operate without intermediaries like banks. It offers lending, borrowing, trading, and more through smart contracts on platforms like Ethereum.
0 reply
0 recast
0 reaction
Lucifer Hunter
@llucifer
Fun Fact: The DeFi ecosystem exploded in 2020, with the term "DeFi Summer" used to describe the massive growth of decentralized finance protocols. š
0 reply
0 recast
0 reaction
undefinedwoul
@undefinedwoul
DeFi stands for Decentralized Finance, revolutionizing the way we think about traditional financial systems. Stay tuned for the future of finance!
0 reply
0 recast
1 reaction