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submitted 3 years ago by decentralazy@lemmy.ml to c/defi@lemmy.ml
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this post was submitted on 14 May 2021
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DeFi - Decentralized Finance

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Decentralized Finance (DeFi) is an ecosystem of cryptocurrencies and protocols providing access to financial services such as borrowing and lending in a non-custodial, permissionless manner. It democratizes finance by replacing centralized gatekeepers and intermediaries with peer-to-peer, distributed, open source software that anyone with an internet-connected device can use.

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