It’s 2022, and the decentralised finance industry continues to go strong with new projects popping up every day to solve financial issues. Also known as DeFi, this section of the cryptocurrency industry aims to disrupt the financial economy by replacing the centralised services of banks and financial institutions with automated smart contracts. This removes the biases and cost associated with intermediaries and creates an open and flexible financial economy.
To start interacting with these decentralised services, what you’ll need is a DeFi wallet to interact with them What is a DeFi wallet? They are digital solutions that allow you to have complete control over your cryptocurrencies and non-fungible token assets. Most of these solutions operate as Web 3.0 wallets that can interact or disengage from DeFi protocols, and comes in the form of mobile applications or desktop website extensions.
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