WHAT IS DEFI? THE BASICS OF DECENTRALIZED FINANCE
Among the coverage of NFTs, Bitcoin, blockchains, and everything else cryptocurrency there is another term that is cropping up more and more: DeFi. What is it, and what does it mean to you? DeFi stands for “decentralized finance,” though it’s also known as “open finance.” It’s a financial system in which middlemen are removed and, like most