Decentralized Finance (DeFi)

What is DeFi? Imagine a financial ecosystem where one can access and use services directly without requiring any central authority—a bank or other financial institution. DeFi empowers market players to use financial and banking services in a peer-to-peer manner through decentralized applications specifically built on blockchain protocols. DeFi, or Decentralized Finance, refers to banking and financial activities entirely based on the blockchain—the same way Bitcoin is. Where traditional financ