We are going to embark on a journey through decentralized finance, 🥳☕ here we will see what they are and how they work...
What is DeFi?
It is an ecosystem of financial applications that are built on blockchain.
Being decentralized, they do not depend on any intermediaries.
Decentralized finance was created so that everyone, regardless of any aspect, can use them freely; it also seeks transparency in the operations performed.
All of this is done through smart contracts.
This is the beginning of the Guide to DeFi, follow me to stay updated on my posts! 🥳🥶
$