DeFi, or decentralized finance, is a financial system that operates on a blockchain network without intermediaries.

DeFi, or decentralized finance, is a financial system that operates on a blockchain network without intermediaries. It allows individuals to conduct financial transactions, such as borrowing, lending, trading, and investing, using digital assets and smart contracts.

DeFi is often referred to as a disruptive force in the traditional finance industry as it enables greater financial inclusion, transparency, and security while reducing the cost of financial services.

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