DeFi Yield Faming
- Keyword Financial
- Jun 7, 2022
- 2 min read
Updated: Oct 31, 2022
Decentralized cryptocurrency finance is based on the demand and premise of eliminating the need for banks (Centralized finance or CeFI) almost entirely. Centralized finance refers to any kind of financial service (especially in the crypto industry) that a centralized platform that manages and processes the transactions as well as accounts (Zare, 2021)[1].