Author: Easton Bruce

Perhaps the best known decentralised finance project is MakerDAO, a decentralised lending protocol.

An investor places liquidity (cryptocurrency) on a decentralised cryptocurrency exchange and receives a share of the transaction fees.

The advantages of decentralised financial services have been known in the market for quite some time.

DeFi is financial instruments in the form of blockchain-based services and applications. The main goal of decentralised finance is to become an alternative to the banking sector