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Educational Guide Explains How DeFi Apps Work From Wallet to Lending

(3 hours ago) · 1 source · Summarized by CryptoBipto

An educational article published by The Defiant walks readers through the basics of decentralized finance (DeFi) applications. The guide covers the process from connecting a crypto wallet to making a lending deposit on a DeFi platform.

WHY IT MATTERS

If you are new to crypto, think of a DeFi app like an online banking app — but instead of a bank running things behind the scenes, the rules are written into computer code on a blockchain.

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SOURCES

  • thedefiant.io

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DeFiCrypto WalletsLending ProtocolsCrypto Education