DeFi or Decentralized Finance is a term used in financial software it's built on the secure blockchain network. The main advantage is that there is no need for an intermediator or middleman in financial services utilities such as lending/ borrowing, tokenization, or trading. Decentralized...
The main advantages of DeFi include:
Permissionless
All DeFi services can be accessed without the permission of a third party.
Interoperability
One of the most exciting aspects of decentralized finance tools is their interoperability. In other words, it suggests that DeFi services can...