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Decentralized finance (DeFi) is revolutionizing traditional banking by eliminating intermediaries. With smart contracts on blockchain, users can lend, borrow, and trade assets directly, securely, and transparently. DeFi platforms are accessible globally, offering financial services to the unbanked. However, risks like smart contract vulnerabilities and regulatory uncertainties persist. As DeFi grows, it’s essential to stay informed and cautious. Explore this transformative space and see how it’s reshaping the future of finance!
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