What is DeFi borrowing?
I'm interested in understanding DeFi borrowing. Could you explain what it is and how it works in the context of decentralized finance?
What is the outlook for DeFi 2024?
I'm interested in understanding the future prospects of DeFi in 2024. I want to know the potential trends, opportunities, and challenges that may arise in the decentralized finance sector over the next year.
What is CFI vs DeFi?
CFI stands for Certified Financial Instrument, an international financial certification assessing professionals' knowledge and skills in financial instrument trading, risk management, and investment decision-making. On the other hand, DeFi, short for Decentralized Finance, refers to financial services and applications based on blockchain technology, aiming to automate traditional financial products and services in a decentralized manner without central authorities or intermediaries.
What is DeFi liquidity lending?
DeFi liquidity lending refers to the process of utilizing blockchain technology and smart contracts to facilitate lending transactions in a decentralized manner. This allows for peer-to-peer lending without the need for traditional financial intermediaries, increasing efficiency and transparency. Liquidity is a crucial aspect as it ensures that assets can be easily converted into cash without affecting their market price, thus maintaining a healthy and functional lending market in DeFi.
What is a collateral in DeFi?
I'm exploring DeFi and came across the term 'collateral'. I'm curious to understand what collateral means in the context of DeFi and how it functions within this domain.