What is DeFi?

What is DeFi? DeFi is an acronym for Decentralized Finance. This generally refers to digital assets, smart contracts, protocols, and DApps (decentralized applications) that are built on Ethereum. DeFi is financial software built on the blockchain that systematically pieces together like money blocks. According to DeFi Purse, DeFi locks over 500M USD in their applications. Applications […]