What is DeFi?

[Crypto_Somrat]

DeFi products are tools built predominantly on Ethereum that aim to revolutionize and replace the current methods of borrowing, lending and banking as seen with traditional finance.

The aim of DeFi is to make the world of finance available to all (or to anyone who has an Internet connection).

[lepbagong]

So far, I haven't seen what Defi can do to change and provide updates, although it looks like there are results but it still takes time to be able to, I'm sure it will be the best at least to provide the changes that have long been expected.

[AllSii]

The main task of Defi is to provide an opportunity to work with decentralized applications and at the same time fully control your finances. You no longer need to transfer your cryptocurrency to a cryptocurrency exchange account.

[H2O]

DeFi is the short meaning of decentralized finance system. DeFi means decentralized finance which bonding combination with finance and cryptocurrencies. DeFi is a Ethereum based platforms which already gained success in different exchanges. Actually DeFi projects run its ieo on uniswap decentralized exchanges.

[Hometown]

DeFI is the decentralized finance Short term name. DeFI projects are  Ethereum based platform which is very popular and booming projects nowadays. Most of the investors are very curious to invest in DeFI projects.

[Tnoy30]

You can see the initial discussions. There has been a lot of talk about DeFi lately. DeFi and Bitcoin are currently at the top of the discussion. Because in both cases the amount of total assets is constantly increasing. So the future of DeFi is much better.

[Akhi600]

DeFi is the short meaning of decentralized finance system. DeFi means decentralized finance which bonding combination with finance and cryptocurrencies. DeFi is a Ethereum based platforms which already gained success in different exchanges. Actually DeFi projects run its ieo on uniswap decentralized exchanges.

You are right DFI transaction is decentralized and abbreviated form.  And it is used as Ethereum's tool.  And I think it will get a better market

[EAA-ALLAH]

It's a common definition that a decentralised finance system which is called Defi. Defi is a Ethereum based platform support ERC 20, erc 721 ...it's support metamask, trust wallet, mew wallet etc .

[Criminal]

DeFi has Decentralized Finance short name.  Now Decentralized Finance Coin is very stable and comfortable Coin in cryptocurrency. Now DeFi has taken very good position in cryptocurrency would.

[Phu Juck]

DeFi has brought decentralized exchange for easy SWAP, like UniSwap and SushiSwap. It will be huge if fees are lower because people can just easy swap and don't need to use centralized exchange. Swap is more easy and safe but Ethereum Devs need to make fees lower.

[Cristiano]

Decentralized Finance (DeFi) is the merger of traditional bank services with decentralized technologies such as blockchain.DeFi has taken very good position in cryptocurrency would.DeFi is a Ethereum based platforms which already gained success in different exchanges.

[Jaya60]

DeFI is the decentralized finance Short name. Now this project has a lot of high quality tokens that have a very good future. If you can invest in those tokens, you will get a lot of profit in the future. But now there are a lot of investors here. The projects that have the most investors are the ones that have the best futures and the ones that have the most popularity.

[Trumpet]

By defi we mean the short form of decentralized finance. Currently this DeFiproject is gaining a lot of popularity. The popularity of this project is increasing day by day. Currently most investors Is making regular investments here. Hopefully this project will move towards further improvement soon

[Bad leyar]

DeFi is an advanced platform. Defi projects are getting much better now. DeFi is a best platform. I think Defi is a modern coin for investment. Defi Beyonc is currently included which is why people are most interested in Defi.

[Carbitcoin]

By defi we mean the short form of decentralized finance. Currently this DeFiproject is gaining a lot of popularity. The popularity of this project is increasing day by day. Currently most investors Is making regular investments here. Hopefully this project will move towards further improvement soon

The decentralized finance system will definitely continue to develop. In 2020, the main attention of blockchain engineers was drawn to the mechanisms for placing and withdrawing liquidity presented in Ethereum and ether-like stablecoins (USDT, USDC, WBTC, DAI) using protocols functioning on the Ethereum blockchain.