"DeFi craze right now?"
Blog iconSandWormFun
Apr 11
An area in cryptocurrency that has been receiving huge attention is DeFi. Also known as decentralized finance, DeFi is a financial service that utilizes smart contracts. Smart contracts refer to automated and enforceable agreements. The contracts use blockchain technology and do not require a bank or a lawyer. Since DeFi uses blockchain technology, transactions are faster than centralized that use humans and gatekeepers. Moreover, centralized systems lack the sophistication and direct control...

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