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significant impact of DeFi on traditional finance is the potential to disrupt the banking sector. With DeFi platforms offering decentralized lending, borrowing, and trading services, individuals can p...
the stablecoin DAI, which is pegged to the US dollar. Users can collateralize their Ethereum-based assets to mint DAI, which can be used for various purposes such as trading, lending, and remittances....
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location. Additionally, DeFi promotes financial transparency and security through the use of blockchain technology. All transactions on the blockchain are recorded and verified by a network of comput...
Created on: 2024-09-03 01:00:32