DeFi, or Decentralized Finance, revolutionizes traditional financial systems by leveraging blockchain technology. It eliminates intermediaries, offering transparent, accessible, and permissionless financial services like lending, borrowing, and trading. DeFi empowers individuals with control over their assets, reduces costs, and fosters financial inclusion globally. Its smart contracts ensure trust and security, while its open-source nature drives innovation. As centralized systems face scrutiny, DeFi’s importance grows, promising a more equitable and efficient financial future 0 reply
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