Decentralized finance – A new unregulated non-bank system
Decentralized finance refers to financial products and services that run on a decentralized network of computers, Defi removes the figure of a central authority or intermediary to help execute transactions.
With DeFi protocols, you are your own bank. Lending platforms like MakerDAO and Compound facilitate crypto lending by matching borrowers with lenders. The interest rates on these loans are determined by an autonomous ATOMIC auctions mechanism that runs on Ethereum smart contracts.
Being a trusted Defi Development Company in India,We create secure, efficient, and user-friendly decentralized finance solutions focusing on transparency and immutability. https://lbmblockchainsolutions.com/defi
Decentralized finance – A new unregulated non-bank system
Decentralized finance refers to financial products and services that run on a decentralized network of computers, Defi removes the figure of a central authority or intermediary to help execute transactions. With DeFi protocols, you are your own bank. Lending platforms like MakerDAO and Compound facilitate crypto lending by matching borrowers with lenders. The interest rates on these loans are determined by an autonomous ATOMIC auctions mechanism that runs on Ethereum smart contracts. Being a trusted Defi Development Company in India,We create secure, efficient, and user-friendly decentralized finance solutions focusing on transparency and immutability. https://lbmblockchainsolutions.com/defi