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DeFi platforms are financial platforms that operate on a decentralized network, using blockchain technology to offer traditional financial services without relying on traditional banks. They allow users to access lending, borrowing, trading, and other financial services without the need for intermediaries.
Decentralized finance (DeFi) platforms are financial services built on blockchain technology that operate without traditional intermediaries. They enable users to access a range of services, such as borrowing, lending, and trading, in a decentralized and permissionless manner.
Decentralized finance platforms use blockchain technology to offer financial services without the need for traditional intermediaries. They provide access to a wide range of financial products such as lending, borrowing, and trading, all controlled by smart contracts.