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Top Things You Should Know About DeFi (Decentralized Finance)
7 min readNov 8, 2021
Have you ever heard of DeFi? If not, don’t worry, I’m here to help. Today I’ve got a blog post for you about “Top Things You Should Know About DeFi (Decentralized Finance)” So if this is something that interests you then keep reading!
DeFi stands for decentralized finance, and it’s the future of the financial industry. It has been gaining in popularity in recent months due to its innovative idea which is decentralized lending, borrowing, and investing through smart contracts on blockchain platforms such as Ethereum. This article will cover why it’s going to be so popular and what people who are interested should know about it.
- - DeFi: What is it, and why should you care?
- Why are people using DeFi instead of traditional finance?
- How can you use DeFi to invest in your future?
- What are the risks associated with investing through a decentralized platform?
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