Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to a financial ecosystem built on blockchain technology that removes intermediaries like banks, brokers, or centralized exchanges. It allows anyone with…
Decentralized Finance
Decentralized Exchange (DEX)
A Decentralized Exchange (DEX) is a type of cryptocurrency exchange that operates without a central authority. Instead of relying on a company or third party…
Liquidity Pool
A liquidity pool is a fundamental concept in decentralized finance (DeFi), enabling trading, lending, and other financial services without traditional intermediaries like banks. Here’s a breakdown: What…