DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries
What is DeFi in Cryptocurrency? (Liquidity Pools) In cryptocurrency, DeFi, Decentralized Finance, means that currency transactions can take place on-chain without the intervention of a centralized authority. DeFi aims to jettison intermediaries, such as banks, who...
Understanding the Revolution of Decentralized Finance (DeFi) DeFi (Quick Explanation):Decentralized Finance (DeFi) integrates cryptocurrencies like Bitcoin with blockchain technology services such as Uniswap in order to deliver permissionless financial services. The...