DeFi Explained: What It Is and Why It’s a Big Deal in Crypto

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2025-12-27 12:19:59 - Translate

Decentralized finance, or DeFi, is more than just a popular term in the crypto world now. It represents a shift in how financial systems can operate without the need for banks, agents, or central controlling parties. Essentially, DeFi lets people borrow, lend, trade, earn rewards, and use financial services directly using blockchain technology. So, “why is this important?” It's not...

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