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By Dan Eyre
You may have heard about tech’s newest portmanteau in the last few months: DeFi. This is due to the meteoric rise in value of the related assets. This post will attempt to explain what DeFi is, and what the medium- to long-term impact will be. To understand DeFi we first need to break out and define its two morphemes: “decentralized” and “finance.” Admittedly, the “finance” component of DeFi is perhaps broader than a traditional defini