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What is decentralized finance (DeFi)? Tokenview Block Explorer

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What is decentralized finance (DeFi)? Tokenview Block Explorer

DeFi Decentralized finance refers to the economic paradigm shift enabled by decentralized technologies, particularly blockchain networks. Defi represent the shift from a hsitorically centralized and closed financial system toward a universally accessible economy that is based on open protocols. From streamlined and secure payment networks to automated loans to USD-pegged stablecoins, decentralized finance has emerged as one of the most active sectors in the blockchain space.

DeFi Score offers a single, consistently comparable value for measuring DeFi platform risk.

How to Benefit From Decentralized Finance

Decentralized finance leverages three key principles of the Ethereum blockchain to unlock liquidity and growth opportunities, increase financial security and transparency, and support an integrated and standardized economic system.

With the rise of Defi, the fee of Ethereum seems to never go back. Using the Tokenview Block Exploreropen in new window to search the transaction fee.

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