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Decentralized finance, or DeFi, has the potential to revolutionize the way individuals and businesses trade, loan, borrow, purchase and invest in digital assets. DeFi is an alternative to traditional methods of financial interaction, transaction, and exchange, which are typically safeguarded and guaranteed by traditional banks and regulatory bodies. It could even provide underbanked communities with more financial opportunities without much of the red tape associated with traditional finance. The scope of the DeFi method even extends beyond cryptocurrency technology.