Decentralized Finance

FAQ About Decentralized Finance

What is the point of DeFi? Decentralized Finance
2 years ago | gizem

What is the point of DeFi?

DeFi platforms allow people to lend or borrow funds from others, speculate on price movements on a range of assets using derivatives, trade cryptocurrencies, insure against risks, and earn interest in savings-like accounts. DeFi uses a layered architecture and highly composable building blocks.