Glossary term
DeFi
Short for decentralized finance. DeFi offers financial vehicles without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain. The most popular…
Definition
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Short for decentralized finance. DeFi offers financial vehicles without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain. The most popular platform for DeFi applications is Ethereum.
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