In an interview with The Witch of Wallstreet, I broke down Decentralized Finance also known as DeFi.
DeFi is the traditional and not so traditional financial tools and services rebuilt on a decentralized, peer-to-peer, technology. DeFi is permissionless or public, which means anyone can use these financial tools and services without KYC or an intermediary. They just need a Web3 wallet to sign up and start using DeFi.
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