operates on blockchain technology, which ensures transparency and immutability of transactions. This helps reduce the risk of fraud and corruption, as all transactions are publicly recorded and access...
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the terms of the agreement directly written into code. These contracts automatically execute actions when predetermined conditions are met, ensuring trust and transparency in financial transactions wi...
and cannot be altered or tampered with, providing a high level of trust and security for users. In addition to security, blockchain technology also enables faster and more efficient financial transac...
risks. Be cautious when providing liquidity to decentralized exchanges and ensure you understand the risks involved, such as impermanent loss. 6. Governance Risks: Many DeFi platforms have decentrali...
Created on: 2024-09-01 07:37:42