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Why’s deFi so important in blockchain and how does Cardano

maximize this and make use of this?

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Crypto-Queen Автор вопроса

How does defi make it easier to get that?

The whole purpose of defi is to make finances easier for everyone. To get a lower interest rate n make it available to everyone.

defi is decentralized finance, so we wont depend on banks for loans etc or a credit score. also we can in some cases use other crypto holdings as collateral for loans or also provide crypto for loans and gain interest /passive income from them. DeFi has endless possibilities without all the regulations of banks and red tape that come along with them. Just for starters :)

@cryptoqueen_1

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