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Important words
 
                                           DECENTRALIZED FINANCE (DeFi)  
 
Decentralized finance (DeFi) is an emerging financial technology based on secure 
distributed ledgers similar to those used by cryptocurrencies. Decentralized finance, or 
DeFi, uses emerging technology to remove third parties and centralized institutions 
from financial transactions. DeFi eliminates the fees that banks and other financial 
companies charge for using their services. 
 
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