A must-read for newbies! What is Decentralized Finance? Finally understood!


Decentralized Finance, abbreviated as DeFi, translates to "去中心化金融" in Chinese. Simply put, it is a financial system that operates directly on the blockchain without relying on banks. Imagine that whenever you want to save money, borrow money, or invest, you have to go to banks, trusts, or investment firms, right? DeFi tells you: "We bring a set of transparent and open financial tools for everyone to participate!"😊

Decentralized Finance is like a financial world where trust is not needed and everyone can participate! Through centralized technology, we can interact directly with global users and invest and trade anytime, anywhere. Sounds exciting, right? However, the risks in Decentralized Finance investments are also significant, so be sure to do your homework!💡
#web3  #Decentralized Finance #区块链技术
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