DeFi platforms are decentralized financial services built on blockchain technology, enabling users to lend, borrow, trade, and invest without traditional intermediaries like banks. These platforms use smart contracts to execute transactions and manage assets, ensuring transparency and security. Popular DeFi platforms include MakerDAO, Aave, and Uniswap. DeFi offers greater financial freedom, lower fees, and the ability to earn yield on digital assets, making it a popular alternative to traditional banking and financial systems.
Jack Farris
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