pegged to the US dollar. Users can lock up their crypto assets as collateral to mint Dai, which can then be used for trading, lending, and other DeFi activities. MakerDAO also has a governance token, ...
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common practice that is often used for liquidity provision, yield farming, and other decentralized finance applications. Users can swap tokens directly through DeFi platforms or through a swap partner...
and enabling users to interact directly with each other in a decentralized manner. One of the key aspects of DeFi is the use of smart contracts, which are self-executing contracts with the terms of t...
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Created on: 2024-08-30 13:56:16