What is Decentralized Finance (DeFi)?

[Criminal]

Decentralized Finance is the short form of DeFi. DeFi projects are almost good . But this project has some of side effects. Some of scammers are now continue hares all cryptocurrency people. I hope future this project community more strong.

[Coin63@]

It's a common definition which already explained more than 100 times in this forums different sections. I request moderators to lock some topics that are may be off topics.

[Tamsialu$$]

DeFi is a decentralized finance short name defi.  In this case, if the transaction is done, then there is no need for a third party, so you can do the transaction at any time. Especially its trading system is the best.

[Tnoy30]

There is already a lot of talk about DeFi. Defi services have spread worldwide. One of the attractions of decentralized media is DeFi. Has been able to gain a lot of popularity at present. Because there is a lot of investment and trade in the market. So in the future DeFi's financial services are buried all around.

[AlviNess]

I agree with you mate, that Decentralized Finance is the short from of DeFi. Now DeFi has very good opportunity for every crypto lovers.

[Delgboke]

Decentralized finance project has become popular in the cryptocurrency industry because of that many project that uses the name Defi some even using other people's project ecosystem to built their own Defi meaning that they don't have their own concept,this has lead to many scam project, alot of hype in some o this Defi project.

[whyrqa]

Decentralized finance project has become popular in the cryptocurrency industry because of that many project that uses the name Defi some even using other people's project ecosystem to built their own Defi meaning that they don't have their own concept,this has lead to many scam project, alot of hype in some o this Defi project.

The situation with the Defi project reminds me very much of the situations in 2016 and 2017, when there was a large-scale development of fraudulent ico projects. I suppose that fundraising for defi projects is practically no different.

[Triedboy]

Decentralized finance is a short name DeFi. I work on all DeFi platforms projects because all project success full. At present the tokens of DeFi platforms are very popular and the price of tokens has increased a lot.

[ashraf786100]

Decentralized finance is an acronym for Defi. Defi plans are almost perfect. But the plan has some side effects. Some of the scammers are now continuing to horse everyone in the cryptocurrency. I hope the community for this project will be even stronger in the future

[Trumpet]

DeFI, or “decentralized finance,” a term for a decentralized method of transacting through blockchains ( technology serving the bitcoin). The system isn’t particularly controlled by a single or central source, which allows the trader full authority and control over their transactions, making it as fast as they want them to be. Several entities are given the right to have the history of transactions.
 
DeFi can be more unique for blockchain uses and may be extended from simple transactions to complicated cases. In cryptocurrency trading, many assets like Bitcoin and other alternatives remove middlemen, for the extra layer of privacy. A regular credit card usually has an institution going over the transfer and recording it in their private ledgers, the institution has full power to cease or pause the transfer as well. Using bitcoin may save your transaction from being interrupted, this way.

we mean DeFi is is the short from of Decentralized Finance. Now DeFi platform is very good platform in cryptocurrency. Numbers of people are interesting to invest on this platform. There are have so much DeFi tokens  in cryptocurrency. Like that
Polkadot
YFI
UNI
DIA
and others really good token are have on DeFi.

[marcsymons]

What kind of transaction is decentralized finance that never requires a third party to make the transaction. Yeah Al that sounds pretty crap to me, Looks like DeFi aint for me either.

DeFi has been swiftly earning the public eye over the last year. Initially, this is looked unfamiliar and somewhat scary like credit cards used to look to users in their early days. However, today DeFi has deemed a great investment option and it is witnessing a significant increase in the number of investors daily.

[zilzylian]

Whatever DeFi means, I will always remember it in financial platform terms.

DeFi will make it easier for everyone to make loans in usdt or bitcoin without intermediaries or third parties, in this case not everyone can make loans, their cameras need to have some coins or digital money as collateral, that's my understanding.

[Pluto25]

DeFI is the bindings tools technique of decentralized finance systems with blockchain. Decentralized Finance projects are firstly launched at ERC 20 based platform but now it launching several plafrorms.

[Mahindra]

Decentralized finance is one of them Systems where there is no need for third parties.Being decentralized is a business system.And there is no difference between DeFi finance Not available. Being a DeFi platform system The best.

[raisajahan]

Decentralized finance is that which is not regulated by any banks or other centralized organizations which had already dominated the financial world for long time. Right now we are using banks or other government issued financial organization for borrowing, lending or paying installment that is time consuming also need to physical movement. Some times that types of central organization can commit corruption. That kind of thing is only possible for centralized human operated organization. One the other hand decentralized finance is that which is not regulated or operated by any human touch. without any touch of the system it may complete allover transaction process. No need any help of human just maintain a block of chain technology. That is decentralized finance technology.