about defi
Hi, there are many post here that had answered this question and there is need to check some of these posts. However, this is just an addition to Defi topics.
Defi stand for Decentralized finance. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities to hold a copy of a history of transactions, meaning it isn’t controlled by a single, central source. That is important because centralized systems and human gatekeepers can limit the speed and sophistication of transactions while offering users less direct control over their money.