The DeFi movement has always been about developing a substitute financial system that’d rival, and eventually surpass, centralized monetary services in the global financial markets. While it’s true that DeFi is still in its development stage and has a long way to go still before achieving its objective, there have already been several prominent use cases of DeFi so far – sectors where DeFi has proven to be a massive success. Below we have rounded up some of the best practical examples of decentralized finance seen till date.
What are the main use cases of DeFi?
What are the main use cases of DeFi?
What are the main use cases of DeFi?
The DeFi movement has always been about developing a substitute financial system that’d rival, and eventually surpass, centralized monetary services in the global financial markets. While it’s true that DeFi is still in its development stage and has a long way to go still before achieving its objective, there have already been several prominent use cases of DeFi so far – sectors where DeFi has proven to be a massive success. Below we have rounded up some of the best practical examples of decentralized finance seen till date.