Decentralized Finance
DeFi is the abbreviation of "Decentralized Finance", also known as "open finance". It is a product of the combination of cryptocurrencies represented by Bitcoin and Ethereum, blockchain and smart contracts.
Specifically, DeFi has two pillars:
One is stablecoins represented by Bitcoin and Ethereum;
The second is smart contracts for transactions, lending and investment.
DeFi aims to allow anyone in the world to conduct financial activities anytime and anywhere without relying on traditional financial institutions or intermediaries. $BNB $ETH $BTC