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Decentralized Finance

Decentralized Finance

DeFi is short for "decentralized finance," an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries.

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All edits by  Roman Lavrov 

Edits on 31 Jan, 2022
Roman Lavrov profile picture
Roman Lavrov
edited on 31 Jan, 2022
Edits made to:
Article (+5/-4 characters)
Article

Decentralized Finance, more commonly referred to as DeFi, refers to digital, peer-to-peer services that allow for crypto trading, loans, interest accounts, and other services. DeFi relies on public blockchains, such as Ethereum or other cryptocurrencies. Most significantly, DeFi eliminates the need for any financial intermediaries, allowing participants to trade directly.

Roman Lavrov profile picture
Roman Lavrov
edited on 31 Jan, 2022
Edits made to:
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The DeFi environment provides valid possibilities to innovate and create DeFi services and products. DeFi is an open protocol and has potential to considerably help development in the newest age of financial solutions. The DeFi significance gathers higher significance as it can use Ethereum and allows trailblazers to make new decentralized applications for the financial area.

Roman Lavrov profile picture
Roman Lavrov
edited on 31 Jan, 2022
Edits made to:
Article (+4/-3 characters)
Article

Decentralized Finance, more commonly referred to as DeFi, refers to digital, peer-to-peer services that allow for crypto trading, loans, interest accounts, and other services. DeFi relies on public blockchains, such as Ethereum or other cryptocurrencies. Most significantly, DeFi eliminates the need for any financial intermediaries, allowing participants to trade directly.

Roman Lavrov profile picture
Roman Lavrov
edited on 31 Jan, 2022
Edits made to:
Article (+3/-2 characters)
Article

Decentralized Finance, more commonly referred to as DeFi, refers to digital, peer-to-peer services that allow for crypto trading, loans, interest accounts, and other services. DeFi relies on public blockchains, such as Ethereum or other cryptocurrencies. Most significantly, DeFi eliminates the need for any financial intermediaries, allowing participants to trade directly.

Roman Lavrov profile picture
Roman Lavrov
edited on 31 Jan, 2022
Edits made to:
Article (+2/-1 characters)
Article

Decentralized Finance, more commonly referred to as DeFi, refers to digital, peer-to-peer services that allow for crypto trading, loans, interest accounts, and other services. DeFi relies on public blockchains, such as Ethereum or other cryptocurrencies. Most significantly, DeFi eliminates the need for any financial intermediaries, allowing participants to trade directly.

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