I'm curious about DEF in the crypto world. I've heard it mentioned a few times and want to understand what it stands for and its role in the cryptocurrency landscape.
7 answers
KimonoElegance
Tue Nov 19 2024
It leverages the power of blockchain technology to facilitate transactions.
Martina
Tue Nov 19 2024
Unlike traditional financial systems, DeFi is not controlled by any central authority.
emma_rose_activist
Tue Nov 19 2024
This decentralized nature allows for greater transparency and trust in transactions.
IncheonBeautyBloomingRadiance
Tue Nov 19 2024
Decentralized finance, or DeFi, represents a novel approach to organizing financial activities.
WhisperInfinity
Tue Nov 19 2024
DeFi enables users to engage in cryptocurrency-based exchanges and services.