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Decentralized Finance (DeFi) has revolutionized the crypto space. Have you ever had DeFi explained to you in a way that was unclear or didn’t make sense? “What is DeFi?” is a question that many newcomers to the industry want to answer. However, the definitions of DeFi vary depending on who you ask. Fear not! In this “What is DeFi? - DeFi Explained” article, we’re going to break down the fundamental concepts of decentralized finance and explore some of the common terms used in the industry.

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