The term “DeFi” stands for “Decentralized Finance” and describes a monetary system that does not require any middlemen: banks or stock exchanges are replaced by software.
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Understanding DeFi: The most important terms: | by Defi Wallet Swap | Aug, 2022 | Medium

The term “DeFi” stands for “Decentralized Finance” and describes a monetary system that does not require any middlemen: banks or stock exchanges are replaced by software. For this to work, a booking…