What is DeFi? DeFi stands for Decentralized Finance. It is one of the aspects of the broader crypto space, DeFi offers most of the services of the mainstream financial world such as saving, investing, trading, and more that is controlled by the masses instead of a central entity or institution.  Decentralized Finance is challenging the traditional financial service providers and aims to eventually replace them. DeFi uses open-source codes, giving anyone who has the ability to build on pre-existing applications in a permissionless and composable manner. These codes are open to the public which makes transactions transparent, and anyone who … Continue reading DeFi and DAO in Gaming