New: defi-terminologyAll contenthive-129948hive-196917krzzanhive-183959steemhive-180932photographyhive-185836uncommonlabhive-144064bitcoinhive-166405hive-150122hive-145157krsuccesshive-109690hive-139150hive-188619hive-101145hive-124908hive-183397lifehive-184714cryptoTrendingNewHotLikersshortsegments (77)in hive-103984 • 4 years agoDecentralized finance terms definedThis goal of this post is to explain decentralized finance in as few sentences and as fast as possible in plain English. Terms Bank , a business that makes money providing credit. Credit…shortsegments (77)in hive-184373 • 4 years agoShortsegments Series on Decentralized Finance: Part One: Terminology/Vocabulary.Terms Bank , a business that makes money providing credit. Credit, means credit cards and loans like those used to buy cars and homes. Interest, the fee or money you pay the bank for…