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Itu2019s crucial to understand DeFi before going into a review of the latest DeFi trends. Decentralized finance, or DeFi, refers to the idea of allowing decentralized public blockchain users to access financial products and services. The most remarkable feature of DeFi is that no centralized intermediaries, such as banks, brokers, or other financial organizations, are present. For accessing banking services, DeFi users do not require government-issued identification, proof of address, KYC verification, or social security numbers. DeFi, on the other hand, proposes a system in which buyers, sellers,
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