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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
DeFi De-Fi is the branch of Web3 that is pushing the boundaries of financial services by making them more inclusive, secure, and decentralized. The primary objective of De-Fi platforms is to remove all middlemen from financial services and transactions.
Vikram Aditya • DeFi, dApps and DAOs: The Key Differences
Wedge is the Founder's Edge
zeeprime.capital
DeFi refers to “decentralized finance,” an effort to transform the financial-services industry by making transactions faster, cheaper, and more secure.
Jay Drain Jr • Web3 Starter Pack
Decentralized Finance (DeFi) enables applications like prediction, trading, and financial markets to run on smart contracts, with no middle men (e.g. lawyers and bankers)
Vitalik Buterin • The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss
5. De-Fi is an emerging financial technology that uses distributed ledgers to remove middlemen from financial transactions. They are a combination of smart contracts and DAOs.
Vikram Aditya • DeFi, dApps and DAOs: The Key Differences
DeFi is an open-source and decentralized financial ecosystem built on top of the Ethereum blockchain. It appeared as an alternative to traditional centralized finance which historically (i) lack transparency (ii) is centralized, notably in terms of decision power (iii) has low interoperability (iv) ..