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Demystifying DeFi

Fintech Beat, Ep. 94

Decentralized finance, commonly referred to as DeFi, is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges or banks to offer traditional financial instruments.
Decentralized finance, commonly referred to as DeFi, is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges or banks to offer traditional financial instruments. (Getty Images/iStockphoto)

Rebecca Rettig, the General Counsel of Aave, breaks down open-source, non-custodial protocols, and the operational mechanics of decentralized finance.

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