Finance

DeFi Explained: How Decentralized Finance Is Changing Banking

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What Is DeFi? Decentralized Finance (DeFi) refers to financial services built on blockchain technology that operate without traditional intermediaries like banks, brokerages, or insurance companies. Instead of relying on centralized institutions, DeFi uses smart contracts on platforms like Ethereum, Solana, and Avalanche to provide lending, borrowing, trading, and insurance services. Popular DeFi Applications Decentralized exchanges … Read more

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