Sure! Here's a brief overview of Decentralized Finance (DeFi):
Decentralized Finance (DeFi) is a blockchain-based financial system that removes intermediaries like banks. It includes:
- Smart Contracts: Automate financial transactions without intermediaries.
- Decentralized Exchanges (DEXs): Allow direct cryptocurrency trading (e.g., Uniswap).
- Lending Platforms: Enable crypto lending and borrowing (e.g., Aave, Compound).
- Stablecoins: Cryptocurrencies pegged to stable assets (e.g., USDC, DAI).
- Yield Farming: Users earn rewards by providing liquidity to DeFi platforms.
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