Decentralized Finance (DeFi)

Decentralized Finance (DeFi) is an experimental method of finance that uses smart blockchain contracts, found on the Ethereum, Binance Smart Chain, and Tron blockchains, instead of relying on central financial intermediaries such as brokerages, exchanges, or banks. The DeFi markets include ways for people to invest or borrow funds from others, to bet on market changes on different assets with options, sell cryptocurrencies, risk protection and savings-like banks. Any DeFi implementations enable high interest rates with certain vendors promising triple-digit rates but are particularly risky.