holdings by lending them out to others. Similarly, borrowers can access funds by using their cryptocurrency assets as collateral and paying interest on the borrowed amount. Overall, DeFi offers a dec...
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of decentralized finance (DeFi): DeFi exploded in popularity in 2020, offering a wide range of financial services, such as lending, borrowing, and trading, without the need for traditional financial i...
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and more. This expansion of use cases is likely to attract a wider range of users to the DeFi ecosystem. Overall, the future of the DeFi ecosystem looks promising, with continued growth, innovation, ...
Created on: 2024-09-08 20:40:38