Explained: DeFi Lending and The Rise of Flash Loans
The post Explained: DeFi Lending and The Rise of Flash Loans appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Decentralized Finance (DeFi) aims to provide all the same services as traditional finance, but on the blockchain to make them available to everyone, everywhere. DeFi protocols offer lending, borrowing, trading, and other products that TradFi offers at a higher cost and slower pace. In TradFi, intermediaries such as banks bring trust into a transaction and …
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