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What is DeFi? (Decentralized Finance Animated)DeFi (pronounced dee-fye) is short for decentralized finance. It's an umbrella term for the part of the crypto universe that is geared toward. DeFi is short for �decentralized finance,� an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared. Though DeFi is frequently mentioned in connection with cryptocurrencies, it goes beyond the creation of new digital money or value. DeFi's smart contracts are.
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