What the Heck is DeFi — A Simple Explanation

What is DeFi, why everyone is talking about it?

Last year Maker Foundation Announces $27.5 Million MKR Sale to Dragonfly Capital Partners and Paradigm. In 2018, Paxos, the startup behind the Paxos Standard (PAX) stablecoin, said it has so far issued a total of $50 million worth of the U.S. dollar-pegged cryptocurrency one month after its official launch…