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DeFi tokens / Re: What is Defi? Detailed discussion about defi.
« on: September 22, 2020, 10:36:03 AM »
Imho, the definition of DeFi is much more extensive than the fans of getting uni tokens for free understand it.
- Stablecoins as structural elements of decentralized technologies.
- Decentralized lending. Software tools for obtaining and issuing loans on the blockchain, without using a bank account.
- Decentralized exchanges. Buying and selling cryptocurrencies directly on the blockchain.
- Securing loans. Provision of digital assets to secure decentralized loans.
- Decentralized identification systems.
- The ability to combine structural elements of decentralized finance that perform different functions, like libraries of software modules.
- Management of risks.
...etc.
- Stablecoins as structural elements of decentralized technologies.
- Decentralized lending. Software tools for obtaining and issuing loans on the blockchain, without using a bank account.
- Decentralized exchanges. Buying and selling cryptocurrencies directly on the blockchain.
- Securing loans. Provision of digital assets to secure decentralized loans.
- Decentralized identification systems.
- The ability to combine structural elements of decentralized finance that perform different functions, like libraries of software modules.
- Management of risks.
...etc.