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With Decentralized Finance (DeFi) proving its true potential in every industry segment across the globe, there are numerous applications that are still to be presented in the digital ecosystem. Let’s take a closer look at the most popular applications of DeFi blockchain development:

 

DEX: A popular exchange type connecting individuals directly for trading cryptocurrencies with one another with no involvement of any intermediary.

Lending: Leveraging smart contracts to eliminate intermediaries throughout the lending process. 

WBTC: Wrapped bitcoins enable individuals to earn interest on the bitcoins lent out through the DeFi lending platforms.

 

Offering better business opportunities in a more accessible and secure manner is what DeFi blockchain development is all about.

 

 

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