DeFi

DeFi stands for Decentralized Finance and is a financial system based on blockchain technology. Unlike traditional financial systems, DeFi systems do not rely on traditional financial institutions such as banks and securities firms, but instead are enabled by smart contracts on the blockchain. DeFi systems cover a variety of financial services, including lending, trading, investing, and insurance, and are characterized by decentralization, transparency, openness, and strong interoperability, allowing more people to access and use financial services. DeFi is one of the most important applications of blockchain technology and a very popular field in recent years.
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FAQ

  • What types of DeFi are there?
  • What factors should I consider when trading DeFi products?
  • Why should I hold DeFi tokens?
  • What are the risks of trading DeFi tokens?