I've been hearing a lot about DeFi recently and I'm curious to understand what it stands for and its significance in the financial world. Could someone please explain the full meaning of DeFi and how it's changing the landscape of traditional finance?
7
answers
DongdaemunTrendsetterStyleIcon
Wed Apr 02 2025
DeFi stands for decentralized finance.
Chiara
Wed Apr 02 2025
The primary blockchain used for DeFi applications is Ethereum.
HanjiArtistryCraftsmanshipMasterpiece
Tue Apr 01 2025
DeFi offers a wide range of financial services.
EnchantedMoon
Tue Apr 01 2025
With the rise of DeFi, more and more people are looking for ways to participate in this new financial ecosystem.
MysticStorm
Tue Apr 01 2025
One of the key benefits of DeFi is its decentralized nature.