History, asked by ruthvik1845, 6 months ago

What is decentralised finance by mayo .

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Answered by sam1258

3

Answer:

A simple answer to what is decentralized finance or DeFi is that it is a brand new monetary system which is built on public blockchains. The components of open finance consists of protocols, digital assets, dApps and smart contracts, which are built on Blockchain..Give a thank

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