Decentralized Finance, or DeFi, is an open-source financial system that adopts traditional financial instruments in a peer-to-peer network that limits bureaucracy and centralized authorities.
DeFi applications are primarily built on the Ethereum network, owing to its popularity, and familiarity and ease developers have with smart contracts.
DeFi embodies the values of public blockchains like Ethereum and builds them into new financial applications.
- DeFi is open, there are no gatekeepers and there is no need to identify yourself.
- DeFi is permissionless!
- DeFi is trustless. Our contracts execute without any manual intervention. Nobody can touch your money.