Decentralized Finance is a lie. 99% of the Altcoins are unfortunately centralized scams. — Defi is actually Cefi DEFI stands for decentralized finance. Projects in this space seek to rebuild the financial system. Financial services are to be brought into the digital new crypto world: Savings, Loans, Lending, Insurance, Borrowing,… Why decentralized? The problem with the traditional financial system is that you are dependent on companies that are…