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BIRB | Financial Freedom For Everyone!
Overview: What is Decentralized Finance? 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. Most DeFi platforms take the form of decentralized apps, known as dapps. These dapps use a series of smart contracts to automate financial transactions, making them faster, more efficient, and often more affordable than their centralized counterparts. Likewise, because dapps are governed by computer code, which is inherently neutral, there is no issue of bias. Decentralized exchanges This DeFi application helps to keep decentralization alive, and provide more ways that users can earn with their cryptocurrencies. It also keeps the traditional worth of blockchain by integrating it on their exchange platform. The introduction of de...
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