DeFi is short for Decentralized Finance and the craze is absolutely worth it. Why? DeFi isn’t just more decentralized than traditional services, they are much better.
DeFis are better than other traditional securities out there. The explosiveness of DeFi space has made the demand for DeFi tokens to be on the rise.
The fact that you can borrow money from lending platforms like Compound as you borrow from banks without frustrating interest and strenuous documentation is enough to make DeFis grow.
DeFis are also stealing the show from regular cryptocurrencies because they are easier to buy. You don’t need KYC or accounts to buy and sell them. All you need is an Ethereum wallet address and connect it to a decentralized exchange like Uniswap.
One last thing, you can get rich overnight trading DeFi tokens. Buy one as soon as it launches on Uniswap, hold for a few days and boom, the price could explode or otherwise.
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