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Apr 29, 2022
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9 tweets
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5 min read
TradFi VS DeFi
What you should know about them, and what is
#DeFi
stablecoins staking🤔
An easy explanation for crypto newbies!
Quick thread👇🧵
1/
The single most important thing that separate TradFi and DeFi is the word
#decentralized
Basically DeFi leverage the technology of blockchains to replace traditional intermediaries & trust mechanisms.
That means there are no involvement of banks!