What is, DeFi — Decentralized Finance? According to Wikipedia:Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain.Don’t get me wrong, this is nice and all — but what does it actually mean? To end-users, what is the purpose of DeFi? why is it primarily being used? The simple answer to “What is DeFi” — The answer you would get asking any standard user, is: “Deposit assets (tokens) >...

What is, DeFi — Decentralized Finance? According to Wikipedia:Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain.Don’t get me wrong, this is nice and all — but what does it actually mean? To end-users, what is the purpose of DeFi? why is it primarily being used? The simple answer to “What is DeFi” — The answer you would get asking any standard user, is: “Deposit assets (tokens) >...