So, what is #DeFi? At a glance.

So, what is #DeFi? At a glance.

By zhephoi | Crypto Rhythms | 21 Aug 2020


So, what is #DeFi?

It is the shorten version for decentralized finance, #DeFi targets to connect the gap between decentralized blockchains and financial services. #DeFi has a lot to offer and we could go on for hours explaining each service the #DeFi platform can offer. Simply think of it as this, #DeFi aims to build unconventional and globally accessible financial resources without anyone deciding on who gets access or mediators charging unreasonable fees at every turn.

A lot of users are riding the hype #DeFi platforms offers without even knowing exactly what they're venturing into. It is always best to DYOR and learn from it step by step.

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