Reply To: How can decentralized finance be used?

[Tess]

Of course, developers and enthusiasts have already proposed quite a few options for using decentralized finance. First of all, of course, in the field of banking services. Well, let’s imagine the familiar lending – now there are a lot of restrictions, requirements for the level of wages, guarantors, a bunch of certificates that need to be obtained, make these services inaccessible to a whole category of people. DeFi https://www.chilediscover.com/best-defi-projects-2022.html should solve this problem. Moreover, without intermediaries, lending should be cheaper and more trustworthy. Instant deals, transparency and security are what is lacking in this area.