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Concept

DeFi

DeFi or Decentralized Finance is financial infrastructure built on blockchain. It is based on open protocols and decentralized applications. Smart contracts serve as the backbone of DeFi. Overall, it is much more open and transparent than traditional financial services. DeFi offers financial instruments without relying on central financial institutions such as banks and brokerages.

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Updated 2022-03-04

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Cryptoeconomics

Economics

Social Science

Empirical Science

Science

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