TLDR
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. via the TL;DR App
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Written by hashbon | Hashbon - crypto payment ecosystem powered by both DeFi and CeFi products.