What is the purpose of Defi Tokens?
Decentralized Finance Defi is decentralized finance, an open-source financial sector, and it avoids central control like banks, which is a blockchain-powered system, and it is very secured and trusted. It is a substitute for traditional finance, traditional finance lack in various ways. The protocol has advanced practices like giving its governance token for liquidity farming and a set of DeFi functionalities like stablecoins, acquired products, lending, and liquidity pools. Distinguished Features of Decentralized Finance · Open-Source · Transparency · Global Audience · Permissionless · Interoperability · Flexibility DeFi Tokens Overview DeFi protocols are widely adopted in financial sectors due to its feature of decentralization, providing complete control over their digital assets, Defi applications are utilizing the Tokens. As a form of governance and complementary for the users utilizing the defi ecosystem issuing them defi tokens. They give returns via interest or fees and have