YIELDBANK PROJECT ( DEFI ) REVIEW, GET YCASH NOW
ABSTRACT Since last year, the term “DeFi” has become a hot topic not only among blockchain industry actors but also financial industry players in general. DeFi also has several other terms, among them "Finance 3.0", "open finance", or "affordable finance". DeFi can be interpreted as a financial system developed or running on a decentralized blockchain network system. Here, DeFi tries to 'move' various traditional financial services (CeFi), such as lending (lend, borrow, loan), trade, saving, transfer, insurance, remittances, etc. to run on a decentralized blockchain network system as one DLT (Distributed Ledger Technology) solution. Simply put, DeFi is an open financial system without intermediaries, which has been used successfully in crypto asset transactions. With DeFi, crypto assets can be traded, transferred, traded, or used for other financial activities efficiently, safely, and concisely. There are still other simple explanations from DeFi t