DeFi is Financial Instrument's in the Form of Services and Applications Built on the Blockchain. The Main Task of Decentralized is to Become an Alternative to the Banking Sector and Replace the Traditional Technologies of the Current Financial System with Open Source Protocol's. That is, Open Access to Decentralized Lending and New Investment Platform's for a Large Number of People and Allow them to Receive Passive Income from Cryptocurrency Assets , as Well as Save on Fee's for Transfers, Loans and Deposit's.
Most of the Existing DeFi are Built on the Ethereum blockchain and the Number of New Applications in the Field of Decentralized Finance is Growing Steadily. DeFi is Bringing a Revolution to Personal Finance, and Yet all that is Needed is to Become a Part of this Revolution is an Internet Connection and a Smartphone! The Alternatives to Traditional Centralized Finance that this New Financial Ecosystem Offer's Include Decentralized Loans, Decentralized Oracles, and Non-Custodial Token Exchanges. Yearn Loans Finance (YlFi) : Yearn Loans Finance is Platform for Loanse Cryptoasset's and Staking, Liquidity Farming, Vault, Vote ,Borrowers Get Money without Selling Cryptoasset's. Lender's Offer Loans and Earn Competitive Return's.
