DeFi platforms are decentralized applications that offer financial services like lending, borrowing, and trading without intermediaries. These platforms leverage blockchain and smart contracts to provide secure, transparent, and automated financial services, accessible to anyone with an internet connection. Popular DeFi platforms include Uniswap, MakerDAO, and Aave, which allow users to engage in peer-to-peer transactions, liquidity provision, and yield farming. DeFi platforms have disrupted traditional finance, enabling decentralized financial ecosystems that enhance global financial inclusion and reduce barriers to entry.
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