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How Decentralized is DeFi? It is not easy to answer how decentralized DeFi is. For simplicity, we will separate the degrees of decentralization into three categories: centralized, semi-decentralized and completely decentralized. Centralized ○ Characteristics: Custodial, uses centralized price feeds, centrally-determined interest rates,
... See moreSze Jin Teh • How to DeFi: Beginner
Decentralized finance, or DeFi, is the ecosystem of financial applications being built with blockchain technology and without banks. Characteristics: Non-Custodial, o pen, t ransparent, d ecentralized
The Defiant • ✊The Defiant's Definitive Guide to DeFi
DeFi will be the backbone of ALL finance
A common misconception is that DeFi is only useful when there is “collateral,” and it’s not beneficial for people seeking “loans.”
This is not the case. Protocols like Aave can actually serve as the backbone for all credit extensions in the real... See more
Stani.ethx.comDecentralized governance is at the heart of the ideological foundation of crypto: equal participation for all actors. The playbook of progressive decentralization is being followed by more decentralized finance (DeFi) projects. Users and tokenholders can now have more control over protocol parameters, treasury spending, and, in general, the... See more
Sam McCarthy • Cryptociety | Sam McCarthy | Substack
Crypto can create new economic opportunities for all types of people globally, not just whales, DeFi degens, and bitcoin maxis, delivering on the promise of a more level playing field while also capturing economic value.