A new way of finance marketDeFi is a global, accessible, open alternative to everyday mainstream financial services such as savings, loans, trading, insurance and more.Are you interested to know more.? The entire DeFi ecosystem is built on open-source code. This enables developers to build on top of others’ applications, which accelerates innovation. In other words, these DeFi applications act as lego pieces which leverage each others’ value. If one user doesn’t like how one application is being built, they can simply copy the code and build a new and improved app.
DeFi lending has quickly become increasingly popular since it lets users both borrow and lend in a relatively safe and easy way. Check disclaimer link on my profile.