DeFi
From Miscellany
DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos. -- DeFiPulse
References
- Beginner's Guide to DeFi
- DeFi Prime
- Zero to DeFi a guide to passive income via compound finance
- Dai currency
- A community of MKR token holders govern the Maker Protocol, the smart contracts that power Dai.
- Over 400 apps and services have integrated Dai, including wallets, DeFi platforms, games and more.
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