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The Decentralized Finance (DeFi) universe has greatly expanded in recent years and is rapidly developing at an increasing rate. This has opened the door to a higher sophistication level and more diverse set of investment opportunities in the cryptoverse, beyond merely speculating on coins and taking simple buy/sell/HODL views on coins or tokens. (“HODL” is an acronym for “Hold on for dear life.” You often see the term in various cryptocurrency forums and social media circles.) This short article introduces some of DeFi’s latest developments for your consideration. However, it is not meant to provide an exhaustive or complete in-depth summary of DeFi’s gradual convergence with traditional finance; nor is it intended as an endorsement of any specific platforms or protocols below.
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