DeFi 101 Beginner Guide
What does Decentralized Finance (DeFi) mean?
- Decentralized Finance (in short words DeFi) refers to a new developing ecosystem of decentralized financial applications built on top of different blockchain protocols. DeFi is an open-source, permission-free and transparent financial service movement that is accessible to all kinds of people without trusting a central authority or middlemen
- RISK DISCLAIMER: All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article’s content solely reflects the opinion of the writer, who is not a financial advisor. Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.