Understanding Decentralized Finance (DeFi): Basics and Functionality
Understanding Decentralized Finance (DeFi): Basics and Functi…
1 month ago
investopedia.com
If you’ve paid attention to what everyone in crypto is talking about, you would have heard of something called DeFi – decentralized finance. Ironically, it looks more like traditional banking than anything crypto has come up with. But it’s nothing like traditional banking. Now that DeFi has taken off, there’s a new set of jargon to master. We explain what “yield farming” and this other buzzword, “liquidity mining,” mean and how people are making money in DeFi. 👆 | CoinDesk
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