DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.
Source: wiktionary
Defi
/ˈdiːˌfaɪ/
Synonyms for "defi" (12 found)
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Sample sentences
2 total sentences available.
DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing.
Source: wiktionary