Category: DeFi Basics
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What is Decentralized Finance (DeFi)? A Complete Beginner’s Answer
What is DeFi? DeFi, short for Decentralized Finance, represents a new way of conducting financial transactions without relying on traditional…
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How Does DeFi Yield Farming Work? A Simple Explanation
What is Yield Farming? Yield farming is the practice of putting your crypto assets to work in DeFi protocols to…
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What Are Smart Contracts and Why Are They Essential for DeFi?
Understanding Smart Contracts Smart contracts are self-executing programs stored on a blockchain that automatically enforce agreements when predetermined conditions are…