What is DeFi? Is DeFi coming soon?
DeFi, or decentralized finance, is a new financial system based on blockchain technology.
It uses smart contracts to implement traditional financial functions such as lending, trading, and payment, without relying on intermediaries such as banks.
DeFi platforms such as Uniswap and Aave allow users to trade and borrow directly, enjoying higher efficiency, transparency, and openness.
Compared with traditional finance, DeFi not only reduces costs, but also allows anyone with an Internet connection to participate in it.
In the bull market, DeFi can play an important role in promoting
It can provide high-yield opportunities
Enhance market liquidity
Expand financial innovation
Promote asset management and optimization
Increase market participation
Decentralized risk resistance
When people are panicking, it will be a good return to deploy DeFi