How does Defi apply to crypto?

One example of how DeFi applies to crypto is decentralized exchanges (DEXes)- as opposed to centralized exchanges (such as Coinbase, Binance etc.) DeFi Coin (DEFC) is the native token of a decentralized cryptocurrency exchange called DeFi Swap. With a similar utility to Uniswap (UNI), the native coin of UniSwap exchange.

What is a Defi token?

‘DeFi’ is the most commonly used abbreviation for decentralized finance, or in other words, a financial system that’s not under the control of banks and other financial institutions. Which has also been abbreviated to ‘TradFi’. You might wonder what could be the benefits of investing in an unregulated DeFi token, but there are many.

What is Defi coin (DEFC)?

DeFi Coin (DEFC) is the native token of a decentralized cryptocurrency exchange called DeFi Swap. With a similar utility to Uniswap (UNI), the native coin of UniSwap exchange. The use case of a DEX is fully decentralized crypto swaps without the need of a middleman or broker having any control over your funds.

What happened to Defi tokens in 2022?

In March 2022, DeFi tokens associated with Andre Cronje’s project fell sharply when he and a colleague announced their departure from the industry. Is there a way to gain exposure to all major DeFi tokens?