DeFi is the "path" to bring traditional financial products to the decentralized "land". There, the need for a third party is eliminated (or minimized), transparency and safety are enhanced, and costs are reduced.
is decentralized and transparent to create an open finance, in which everyone can access and use it anywhere, anytime without being controlled by individuals or organizations. any centralization of power.
In DeFi always comes with "Non-Custodial", ie no trust.It is also thanks to this feature of DeFi that we often call it Open Finance or open finance.
Products in the project
Be it savings, loans, borrowings, transactions, transfer orders, debt, bill payment,...
And instead of being processed through an intermediary 3rd party, those operations take place on the blockchain's Smart contract.
Build a main block to make interoperability between blocks simpler. From there, create an ecosystem that is scalable and diversified over time.
Limited need for third parties (banks or institutions) for users to truly trust, as they are the custodians of their own assets.
Data on market activities will be displayed on an equal basis to all participants.