DeFi Glossary 2021: Pretend You Know What is Going onby@hashbon
1,529 reads

DeFi Glossary 2021: Pretend You Know What is Going on

October 8th 2021
5 min
by @hashbon 1,529 reads
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DeFi (Decentralized Finance) is sliding into our life and replacing the traditional technologies of the current financial system with open-source protocols, blockchain, and smart contracts.  The exclusion of intermediaries from all types of transactions is one of the major advantages of DeFi; smart contracts are used to enforce the terms of each transaction.

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