added by Marcel Mairhofer · updated 2y ago
✊The Defiant's Definitive Guide to DeFi
- DeFi refers to “decentralized finance,” an effort to transform the financial-services industry by making transactions faster, cheaper, and more secure.
from Web3 Starter Pack by Jay Drain Jr
Emilie Kormienko added
- DeFi is an open-source and decentralized financial ecosystem built on top of the Ethereum blockchain. It appeared as an alternative to traditional centralized finance which historically (i) lack transparency (ii) is centralized, notably in terms of decision power (iii) has low interoperability (iv) ..
from An open-air financial laboratory by Clement Parramon
sari added
- Decentralized Finance (DeFi) enables applications like prediction, trading, and financial markets to run on smart contracts, with no middle men (e.g. lawyers and bankers)
from The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss by Vitalik Buterin
sari added