allows users to borrow cryptocurrency using their existing crypto assets as collateral, without the need for a traditional deposit or credit checks. The process is facilitated through blockchain techn...
the context of Web 3.0, DeFi refers to the use of blockchain technology and smart contracts to create financial products and services that are open, transparent, and accessible to anyone with an inter...
cannot be altered. This can help prevent fraud and increase trust in the financial system. 4. Programmable Finance: DeFi allows for programmable finance, which means that users can create customized ...
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Created on: 2024-08-30 13:00:45