Decentralized finance (defi) has become one of the hottest topic in crypto these days. But what is defi? It's an acronym that describes an entire constellation of dApps, mostly powered by smart-contracts running on the ethereum blockchain, which allow non-accredited investors like you and me to earn very attractive interest rates on dollar-pegged stablecoins.
Updated figures on https://loanscan.io
Defi essentially gives the little guy a chance to earn interest on his/her savings that can't be found anywhere else in the traditional banking system.
This community on Steemit is dedicated to keeping subscribers updated on the latest developments and trends in this exciting, and very profitable space.
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You can also follow me on Twitter: https://twitter.com/DefiMoon
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