5 lines
398 B
Markdown
5 lines
398 B
Markdown
# Decentralized Finance (DeFi)
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Defi is a broad category of [smart-contracts](smart-contracts.md) which loosely correspond to digital contracts running on a [blockchain](blockchain.md) which allow users to create collateralized loans out of [stablecoin](stablecoin.md) and which have side payouts in so-called "[governance tokens](governance-token.md)".
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See also [yield-farming](yield-farming.md). |