A DeFi app makes the 1…(707)…..767…..3703process of borrowing and lending very easy. This app works without the intervention of any human intermediary.
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As an intermediary, it relies on technology, and some smart contracts fill this role. It is their responsibility to
1…(707)…..767…..3703ensure that both borrowers and lenders follow the terms and conditions. While conducting exchanges between stakeholders, this is certainly helpful. As a matter 1…(707)…..767…..3703 of fact, there is no need for any intermediaries. Therefore, DeFi protocols enable users to exchange products easily. 1…(707)…..767…..3703This process of exchange requires no registration or identity verification of the users.