What is Decentralized Finance (DeFi)?
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If you’ve ever spent some time doing research online on cryptocurrency, there’s a very high chance you’ve stumbled on the term ‘DeFi’. Don’t let the jargon scare you - DeFi simply stands for ‘Decentralized Finance’. Why decentralized? Because traditional finance is highly centralized, while DeFi, which is something that’s on the blockchain, doesn’t have any particular regulating authority - and hence the name. In the video above we break down the jargon and and in very simple terms explain what
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