DeFi Innovations And How They Impact Your Investments
Published by
Benzinga
Benzinga
DeFi, or decentralized finance, is a term that refers to the use of blockchain technology and smart contracts to create financial services that are transparent, permissionless, and interoperable. DeFi has been one of the most innovative and disruptive trends in the crypto space, offering new ways to lend, borrow, trade, save, and invest in digital assets. As this innovative phenomenon meshes into the mainstream world of finance and investment, ordinary investors will experience its impact. DeFi: The Bigger Picture According to data available at Statista, the worldwide decentralized finance (De…