DeFi

Summary: Decentralized Finance (DeFi) uses decentralized networks and blockchains to convert traditional financial products into trustless and transparent protocols that operate without intermediaries.

Decentralized Finance (DeFi) uses decentralized networks and blockchains to convert traditional financial products into trustless and transparent protocols that operate without intermediaries. Banking but without the fees/approvals for transactions and loans. You can lend, trade, and borrow crypto through public code that automatically stores/verifies transactions.