Decentralized Finance (DeFi) | Coinspeaker
Genesis Shards is a decentralized ecosystem powered by Polkadot that redefines NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. Load More DeFi is a short way of writing Decentralized Finance. Generally, DeFi encompasses cryptocurrencies and financial smart contracts, protocols, and decentralized applications (dApps) that are built on the Ethereum blockchain. To break it down further, DeFi is simply a blockchain-based financial software t...
Key Components Paxos Standard Some Common Functionalities Decentralized Finance Decentralized Applications These Ethereum Based
Source: coinspeaker.com