#DeFiGetsGraded DeFi is a concept that emerged in 2018, but it wasn't until 2020 that it attracted the attention of the community. DeFi products have opened up a new world for financial services, where they operate entirely through the internet and most of the value is maintained by users.

What is DeFi?

DeFi (Decentralized Finance) is a decentralized financial system, in which organizations, services, and financial products operate through smart contracts on the blockchain network. These services include: borrowing, lending, trading, payments, staking, farming…