Since some of you still don't know what is Defi, here is a quick explanation about it.
What is DeFi?
DeFi is the short for Decentralized finance. In a few words, it's a alternative financial system based on blockchains and cryptosystems, and developed in parallel with the existing financial system. It's emerging since 2018. It's famous for 0x, MakerDAO, Dharma, Compound....
It's a system open to everyone. It's mostly use with Etherum.
What are the benefits of DeFi?
DeFi has a lot of benefits:
- No censorship
- Cheap
- Modular
- It's inclusive by nature.
A lot of information can be found on the internet whether DeFi is really the future or not.
It was a short article but I think it was a necessary one as a lot of people who don't know much about cryptocurrencies don't know what DeFi.
Sorry for the english mistakes, english is not my mother language.
