An open-air financial laboratory
All of this is possible because of the easy composability of smart contracts. Neither Foundation nor Reddit needs to go out of their way to build this functionality themselves. The open, user-controlled nature of blockchain computing allows any developer to plug into these ecosystems and offer their users financial services. The result could be a r... See more
Jesse Walden • How does DeFi cross the chasm?
Decentralized finance, or DeFi, is the ecosystem of financial applications being built with blockchain technology and without banks. Characteristics: Non-Custodial, o pen, t ransparent, d ecentralized
The Defiant • ✊The Defiant's Definitive Guide to DeFi
What is DeFi all about? Modernizing, disintermediating (banks etc.), reducing layers of fees in the middle. Transparency. This is a big misconception. People think it's opaque and used for criminal activity. Everything in blockchains is open...
Chris Dixon • The Potential of Blockchain Technology
DeFi represents a movement that seeks to push borderless, censorship-free, and accessible financial products for all. DeFi protocols do not discriminate and level the playing field for everyone.