What exactly is DeFi? Is investing in DeFi secure?
Alyssa Hertig
DeFi is short for “decentralized finance,” an umbrella term for many different economic applications in cryptocurrency or blockchain aimed toward disrupting monetary intermediaries.
DeFi attracts motivation from blockchain, the technology behind the electronic money bitcoin, makes it possible for a few entities to put up a content of a brief history of deals, meaning it really isn’t managed by an individual, main supply. That’s crucial because central systems and individual gatekeepers can restrict the rate and elegance of deals and will be offering users less direct control of their funds. (mehr …)