A quick peak into the world of DeFi.

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3 years ago

In May 2019, explanations were given on how to make money with CDP or secure trading position. This is a type of crypto loan that lets the user borrow cryptocurrency and use it as collateral. It's not an exact replica of a traditional loan.

Decentralized finance is a term that refers to the process of making finance available to everyone. This is a challenge that the industry has to face in the future.

Many ordinary citizens of developing countries do not have the opportunity to buy stocks and bonds.

Finance is not an open system. Even if you have a bank account, it can be difficult to get a loan without a bank account.

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