The space of future finances. The departure from the standard centralized (banks) finances model to the digital counterpart, decentralized.
Decentralized: no central authority. A kind of giving the power to the network aka. power to the people.
- DeFi Tokens via DaFi Protocol
- Token incentives
- Liquidity pools
Existing DeFi applications include stable-coins, decentralized exchanges, and peer-to-peer lending services.