Decentralized finance, or DeFi for short, refers to a growing movement in the world of cryptocurrency and blockchain technology that aims to use smart contracts and decentralized networks to create financial products and services that are more accessible, transparent, and secure. This includes everything from lending and borrowing, to trading and investing, to payment processing and insurance. If you’re new to DeFi, it can be a little overwhelming at first. There are so many different projects, protocols, and platforms to
