Learn about DeFi

Alchemist Republic
Alchemist Republic
Published in
Nov 23, 2021

Decentralized Finance, commonly known as DeFi, is an umbrella term referring to whole financial infrastructure that places an emphasis on decentralization. DeFi consists of tools that allow users to lend, borrow, exchange crypto assets securely, without the participation of the middlemen like banks or any other financial intermediaries.

The infographic below should help you better understand this concept quickly.

DeFi aims to replicate existing financial system with smart contracts and decentralized protocols on a blockchain

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Alchemist Republic
Alchemist Republic

Alchemist Republic aims to change the way games are played through NFT + Defi.