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Decentralized Finance (DeFi) is revolutionizing the financial landscape by eliminating intermediaries and offering open access to financial services. Built on blockchain technology, DeFi platforms enable users to lend, borrow, trade, and earn interest directly through smart contracts. This innovation empowers individuals globally, especially those unbanked, to participate in the financial system. However, with great potential comes risks like smart contract vulnerabilities and regulatory challenges. As DeFi continues to grow, it’s crucial to stay informed and cautious. The future of finance is decentralized—are you ready to embrace it?
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