Crypto Basics: What is DeFi?

Crypto Basics: What is DeFi?

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As part of our Crypto Basics mini-series, today we’re unpacking the term ‘DeFi’, which stands for “decentralized finance”.

While there is some overlap between DeFi and Web 3, another crypto topic we recently discussed, you can think of DeFi as an area of crypto that is nested beneath the broader idea of Web 3. 

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