DeFi, short for Decentralized Finance, refers to a broad category of financial services and applications built on blockchain technology, primarily the Ethereum network. Unlike traditional finance, which relies on centralized intermediaries such as banks and exchanges, DeFi aims to create an open and decentralized financial ecosystem accessible to anyone with an internet connection.
In summary, DeFi represents a paradigm shift in the way we think about finance, offering individuals greater financial sovereignty, accessibility, and innovation. As the DeFi ecosystem continues to mature and evolve, it has the potential to revolutionize the global financial system and empower millions of people worldwide.
3 DeFi projects ithat I will keep