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DeFi Payments: An Overview is an overview of the 5 macro areas of decentralized finance (DeFi), namely lending and borrowing. DeFi is distinguished from the traditional one because it allows everyone to interact with traditional financial instruments but independently and without a third party who can act as an intermediary or impose constraints and limits on our work. Not all protocols fall within the DeFi and some can be sorted into sub-categories, but the goal and the common basis they share is to block funds within the protocol to obtain an advantage.
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