DeFi
noun/ˈdiːˌfaɪ/
Definitions
Initialism of decentralized finance.
- DeFi services use smart contracts, cryptocurrency, and blockchain to replace some of the services that banking has traditionally provided.
- DeFi eliminates human intermediaries like brokers, bank clerks and traders, and instead uses algorithms to execute financial transactions, such as lending and borrowing.
The neighborhood
Vish — recursive loop
No curated loop yet for DeFi. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA