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Decentralized Finance (Defi) is an online banking ecosystem that eliminates intermediaries such as banks, investment managers and organizations. Using blockchain technology, Automated Market Makers (AMMs) and smart contracts, Defi has proved to be the cornerstone of 21st-century technology. Users from around the world can save, invest, borrow, lend- all while bypassing the friction caused by financial institutions and regulation. According to DefiPulse, the total value locked in (TVL) of Defi is $113 billion (15th November 2021)