What is a Defi Platform

[Monster5]

Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions

[EAA-ALLAH]

DeFi means decentralized finance which create bonds with finance and cryptocurrencies. DeFi is a Ethereum based platforms and which completely different from centralised finance. Now all projects are appearing on DeFi platforms.

[Nostoman]

DeFi means decentralized finance which create bonds with finance and cryptocurrencies. DeFi is a Ethereum based platforms and which completely different from centralised finance. Now all projects are appearing on DeFi platforms.

yes, You have ideas about bonding, you are right. Defi is the bonding between finance and cryptocurrency. Currently most of the projects are built around Defi. DeFi projects are primarily controlled by the ethereum platform. This is because tokens are created based on the ethereum (Erc-20) project. So most of the projects are being displayed in the current DeFi and Ethereum.

[Altcoin1998$]

DeFi is a elaborate form/ meaning of decentralized finance. Decentralized finance is a payment, borrowing, lending and sending and interesting Legos money via cryptocurrencies. Recently DeFi is a top most popular platform. It based on Ethereum platform.

[Triedboy]

DeFi decentralized means finance and other coins (Makerdao,YFI, polkadot,DIA) centralised finance. I mind Present time DeFi is a most popular platform.

[EAA-ALLAH]

DeFi decentralized means finance and other coins (Makerdao,YFI, polkadot,DIA) centralised finance. I mind Present time DeFi is a most popular platform.

No brother, YFI, polkadot, dia and MakerDao is not centralised finance. Above all projects /coins already launched in DeFi platforms already DeFi and trade on several exchange.

[Rakin343]

DeFi is a decentralized finance system which based on Ethereum based platforms. DeFi projects now a wide range of popular cryptocurrency in the world cmc.

[EAA-ALLAH]

DeFi is a decentralized finance system which based on Ethereum based platforms. DeFi projects now a wide range of popular cryptocurrency in the world cmc.

Yes brother you are right because DeFi is a decentralized finance which based its platform only Ethereum based /Erc20, erc721 MetaMask, myetherwallet and trustwallet erc wallet can be available as DeFi wallet.

[Jixman]

Since the Q2 of 2020, Defi hypes have been going all over the Crypto spaces, some made people huge profits, while some exit scam. Defi is just coined from the word "Decentralised Finance". It is a pivotal part of cryptocurrencies since it's adoption. Some of the most successful Defi projects this year are Oikos, DIA, Lend, UNI and a lot more.

[hair]

DeFi is a decentralized financial solution without being controlled by any party. DeFi is a project that brings changes to the blockchain industry

[Coin63@]

DeFi decentralized means finance and other coins (Makerdao,YFI, polkadot,DIA) centralised finance. I mind Present time DeFi is a most popular platform.

You make a common mistake that YFI, polkadot, Makerdao, dia centralised finance but above all projects DeFi projects.
DeFi a decentralized finance which Ethereum based platform.

[Altcoin1998$]

DeFi means decentralized finance which create bonds with finance and cryptocurrencies. DeFi is a Ethereum based platforms and which completely different from centralised finance. Now all projects are appearing on DeFi platforms.

DeFi platforms means which types of platform DeFi based or support blockchain or Ethereum. DeFi platform based on Ethereum based platforms and support Erc20 Wallet. MetaMask and myetherwallet are common wallet for Ethereum. However DeFi Ethereum based platforms hence MetaMask and myetherwallet also DeFi wallet.

[Fawpac2]

They are platforms that offer decentralized financial services or those platforms that provide you self-banking protocols.