DeFi

**DeFi**

DeFi, short for Decentralized Finance, refers to a broad category of financial applications built on blockchain technology that aim to recreate and improve traditional financial systems without relying on centralized intermediaries like banks or brokers. By leveraging smart contracts, DeFi platforms enable peer-to-peer transactions, lending, borrowing, trading, and asset management in a more transparent, accessible, and open manner. This tag covers topics related to DeFi protocols, decentralized exchanges (DEXs), yield farming, liquidity pools, governance tokens, and the overall impact of decentralized finance on the global economy.