What is Decentralized Finance [Defi]?

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Hi, their


Today we talk about Decentralized Finance.



Decentralized Finance is a smart contract deployed in the blockchain & it has auto functionality to interact with the user.



The internet user uses web3 to make the connection between their wallet & Decentralized Finance.



Web3: kind of protocol connect wallet with a Smart Contract.





The following functionality has Decentralized Finance.


  • Stacking user funds
  • Swapping Cryptocurrencies
  • Lending funds
  • Liquidity mining
  • Farming





Benefits of Decentralized Finance


  • No third party
  • Safety
  • Secured
  • Decentralized




It's all about Decentralized Finance. I hope you all understand & learned something new about Decentralized Finance.



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